The New School ยท 2 days ago
Accounting Director
New York, NY
Full-time
Hybrid
Director/Executive
$94K/yr - $105K/yr
7+ years expThe New School is a progressive institution located in New York City, offering innovative education and creative programs. The Accounting Director oversees the general accounting department, ensuring accuracy in financial reporting and compliance while collaborating with various departments to manage institutional resources responsibly.
EducationUniversities
Responsibilities
Oversee day-to-day operations of the general accounting department, assuring accuracy of the general ledger and reporting
Oversee the month-end close process, ensuring that all transactions are properly and timely posted to the general ledger and are recorded in accordance with generally accepted accounting principles (GAAP). Review and finalize monthly control reports
Review and approve journal entries and reconciliations prepared by accounting staff and submit for final review and approval on a timely basis, as assigned. This includes, but is not limited to gift, debt, bond deposits, receivables, deferred revenues, and payroll liability accounts
Prepare monthly reconciliations on a timely basis and perform accounting functions including, but not limited to, reviewing and releasing international and domestic bank transactions, calculating and reporting quarterly sales tax filings, and managing and providing requested data related to third party payment systems
Support annual financial statement audit processes as well as other audits that may occur throughout the year including but not limited to the A-133 (Single Audit) and the 403(b) audits. Support includes, but is not limited to the preparation of audit schedules and footnotes, financial statement and budget versus actual analysis, and compliance reporting and information requests related to debt covenants and the IRS form 990
Assist with implementation of new accounting standards and treatment for non-routine activities
Account for all Investments, including the Endowment. This includes reconciling between the general ledger and Fundriver, TNS's endowment management software
Prepare reconciliation and analyses of plant assets, including depreciation calculations and projections
Oversee and analyze new contribution and pledge reconciliations on a timely basis with gift accounting
Work closely with the benefits/payroll office to reconcile and remit university wide retirement funds and to prepare timely remittances of payments for various union dues, pensions, etc
Reconcile the ADP 941 reports to the general ledger on a quarterly basis to summarize federal tax withholdings and payments
Work proactively with end-users and management to identify business needs and process improvement opportunities
Serve as a liaison with individuals requesting accounting assistance
Perform other duties as assigned
Qualification
Required
Bachelor's degree in Business Administration, Accounting, or Finance
A minimum of 7 years of experience relevant to the job duties described herein
Higher education finance or accounting experience
Formal training and solid understanding of accounting principles and practices (GAAP)
Strong understanding of how to prepare and analyze financial statements
Ability to translate and communicate complex data and ideas into understandable formats
Strong interpersonal communication and customer service skills
Ability to teach and train others in the use of systems and processes
A self-starter and demonstrates initiative on a continual basis
Ability to work independently, to identify needed resources and make independent decisions
Experience working with large ERP systems, background in Workday ERP system
Preferred
Certified Public Accountant
Benefits
Comprehensive medical, dental, and vision coverage
Employee Assistance Program (EAP)
Retirement plan administered by TIAA
Qualified Transportation Expense Plan
Paid vacation and sick leave, with accruals starting on your first day
Paid holidays and floating holidays
Work mode & Telework Policy (if applicable)
Career advancement and professional development opportunities
Access to university programs, lectures, and events featuring world-renowned speakers and organizations
Tuition waiver benefit for eligible employees and dependents
Employee discounts with local vendors and service providers
Company
The New School
Discover a new kind of university, one where scholars, artists, and designers come together to challenge convention and create positive change.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Najlah Hicks
President and Co-Founder
Yixiao Li
Co-Founder & Sponsorship Coordinator of Mandarin Debate Club
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