Manager, Accounting

University of Massachusetts Medical School•Westborough, MA

About The Position

Under the direction of the UMass Chan Medical School Associate Controller, the general accounting manager supervises, tracks, and evaluates day-to-day general accounting activities. The role oversees general accounting staff, manages the monthly close process, and prepares financial analyses and financial statements for presentation to senior management, University Trustees, and other governing agencies.

Requirements

Equivalent to a four-year degree in business administration, accounting, or finance.
7–10 years of experience in financial reporting and accounting.
Exceptional oral and written communication skills.
Advanced Excel spreadsheet skills.

Nice To Haves

Master’s degree preferred.
CPA preferred.
3–5 years of related accounting supervisory experience preferred.
Experience with external or internal auditors preferred.
PeopleSoft experience preferred.

Responsibilities

Review and exercise quality control over daily general accounting department operations, including supervising and training staff accountants and asset management staff.
Oversee and manage the general ledger for daily activity related to the school’s assets and liabilities, including the fixed asset portfolio’s acquisition, capitalization, depreciation, disposals, and reconciliation; ensure compliance with relevant GAAP standards and internal controls.
Coordinate with the Properties Manager to ensure accurate consolidation and financial reporting of certain properties not under UMass Chan’s direction.
Manage the fiscal year-end and monthly closing processes, design closing schedules, review manual journal entries prepared by general accounting staff, review consolidated financial statements and key account reconciliations, and conduct fluctuation analyses for the monthly UMass Chan financial results package.
Work with Facilities Management, IT, the Budget Office, and other administrative and academic departments to ensure complete and accurate reporting and compliance with accounting policies and procedures.
Assist the Associate Controller in reviewing accounting responsibilities, reassessing staff workloads and skill sets, and reallocating job responsibilities to improve team productivity and efficiency.
Prepare and collaborate with the University of Massachusetts President’s Office on the annual financial report, including campus-specific footnote disclosures and fluctuation analysis, and assist with financial statement consolidation.
Coordinate the annual external financial statement audit, prepare audit lead schedules, and manage audit deliverables and test requests.
Meet financial accounting objectives and established deadlines.
Research and interpret FASB, GASB, and GAAP financial reporting standards on new and complex accounting issues.
Maintain and update general accounting procedure and process documents; identify areas for improvement, make recommendations, and ensure processes and procedures comply with applicable accounting standards.
Conduct annual performance appraisals, set future goals, and design development plans for staff accountants.
Educate and guide other departments on accounting and reconciliation matters.
Work on ad hoc or special projects as assigned.