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Executive Director of Financial Reporting

Apply now Job no: 495163
Work type: Staff
Location: Corporate College
Categories: Finance, Leadership

Title: Executive Director of Financial Reporting

Employee Classification: Administrative -Full time 

Department: Controller's Office

Salary Range:  $95,937.00

Who we are:

We are not-for-profit:  St. Louis Community college (STLCC) is a non-profit institution dedicated to empowering students, expanding minds, and changing lives. Employees are committed to strengthening the St. Louis community with inclusive and transformative education.

We are a respected employer:  For 60 years, STLCC has served the St. Louis community, expanding to 4 main campuses, 2 education centers, 2 workforce training centers, and 5 centers of excellence. More than one-half of the households in St. Louis have at least one member who has taken classes at STLCC.

We make an impact in the community:  Through credit courses, continuing education, and workforce development programs, STLCC annually serves nearly 69,000 students.  More than 80% of career and technical graduates employed in their fields or continue their education at four-year institutions within six months of graduation.  STLCC sends more transfer students to Missouri’s four-year colleges/universities than anyone else.

We value Diversity, equity & inclusion:  STLCC is committed to fostering an atmosphere of appreciation for all people, regardless of race, color, creed, religion, sex, sexual orientation, gender identity and expression, national origin, ancestry, age, disability, genetic information, veteran status, or class.

What you get:

Benefits package [for full-time employees]:  STLCC offers one of the best benefit packages in the St. Louis area. As a STLCC employee you will have access to a 100% match on your contribution to retirement, two health insurance plans options that are no cost to the employee - including an HSA option, low-cost life insurance with a 3x salary benefit, and other low-cost benefits including dental, vision, AD&D, ST LT disability insurance.

Opportunity to grow:  Over half of our employees have served the college for more than 12 years, exploring different career paths and advancing to higher level positions.

Education & training opportunities: STLCC offers tuition waivers for employees [full-time and part-time] + their dependents.  Full-time employees can take advantage of tuition reimbursement for other institutions after just 6 months of service, and an annual professional development allotment.

Work/life balance:  Full-time STLCC employees have access to a generous time off package, including holidays, vacation, personal days, medical leave, and other leave options. Our holiday schedule even includes a paid winter holiday at the end of the calendar year.

Commitment to wellness:  STLCC HR boasts a dedicated health and wellness specialist who is enthusiastic about creating a culture of wellness throughout the College. With access to college wellness vendors, employees are educated, motivated, and rewarded for healthy behaviors. STLCC employees and anyone living in their household also have access to an employee assistance program (EAP) that can help them with virtually any life need.

The basics of this position:

Performs duties necessary to direct the management of District's Procurements, Payments, General Accounting Staff, and Grant Accounting personnel including responsibility for financial reporting, tax compliance and along with the College Controller, maintenance of the District's automated accounting and budget reporting systems. Provides ongoing reports on the status of actual revenues and expenditures and variances from budget. Performs normal supervisory functions related to fixed asset accounting and provides guidance to accounting and other College personnel regarding Generally Accepted Accounting Principles. Oversees the application and implementation of new and revised GASB pronouncements and other promulgated accounting requirements necessary to prepare financial statements in accordance with Generally Accepted Accounting Principles. Provides oversight of Grant Accounting submissions to various State and Federal Agencies. Works directly with and coordinates interaction of audit field work with outside auditors. Prepares draft financial footnotes, financial
statements, and Management discussion and Analysis for the College’s audited financial statements. Prepares quarterly financial reporting including variance analysis for board presentations. Completes and files all applicable regulatory filings and tax returns of the College and the College foundation.

What you'll do:

  • • Maintains required financial and accounting records for all the College's business operations; supervises and/or makes changes to the Accounting System FOAPAL codes and Charts of Accounts.
    • Coordinates and supervises input of financial and accounting data from a variety of sources (Payroll, Purchasing, Bursar, Business offices, Student fees and related financial aid, etc.)
    • Managerial responsibility for timely payment of college incurred expenses.

    This job description is a general statement of the major duties and responsibilities of this position. It contains the facts necessary to describe and clarify the position. More specific additional job related duties may be assigned to this position at different locations in the College.
    • Assists the College Foundation with accounting requirements as needed.
    • Directs and develops reporting standards for Procurement and Payments.
    • Develop and approves journal entries as necessary, including but not limited to Bond and debt transactions, fixed assets, depreciation, prepaid expenses or deferred revenue and expense, etc.
    • In coordination with the VCF the position is responsible for the preparation of financial statements including associated footnotes and Management Discussion and Analysis (MD&A) for presentation to external auditors annually, coordinates auditor requests for information and schedules.
    • Formulates procedures for the compilation and analysis of various budget proposals.
    • Develops estimates of budgetary resources and anticipated operating levels. Keeps in contact with taxing authorities as to changes in assessed valuation.
    • Provides required financial and statistical information for the planning process. Maintains historical records to provide basis for evaluation.
    • In conjunction with the Controller, coordinates the budget development process with the planning process.
    • Provides cost/benefit analyses of budget alternatives.
    • Reviews budget proposals for compliance with existing guidelines and budget policy.
    • Develops consolidated budgets for presentation to various review and approval authorities, including the Leadership Team and the Board of Trustees.
    • Monitors budgets and prepares reports on status of actual versus budget.
    • Generates a variety of financial statements, budget and fund balance reports, which may be subsequently forwarded to a number of responsible parties including the Board of Trustees, federal, state and local government, College business directors and department heads.
    • Reviews and presents for approval all proposed modifications to budgets. Works with the campus business offices in developing budgets and providing information to department managers relating to approved budgets and related expenditures.
    • Reports to state, federal and private agencies of the status of externally funded grants and projects.
    • Assists users in the analysis and interpretation of various reports regarding budgets and expenditures.
    • Represents VCF at various meetings as needed.
    • Oversight and management of third-party leases of college facilities including billing and collections; provides assistance/advice to Controller and VCFA regarding third party leases including drafting of agreements for the lease of college property.
    • Performs other job-related duties as assigned.

Education, experience, and other requirements:

• Bachelor’s Degree and at least five years of experience in accounting is required; two years of experience working with college accounting or related field is preferred.
• Master' s Degree and/or CPA preferred.

Preferred Qualifications:


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Need help applying to a position or have a question? Email us at stlccjobs@stlcc.edu
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