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IDEA Public Schools · 23 hours ago

Director of Accounting (Immediate Opening)

United States

Full-time

Remote

Lead/Staff, Director/Executive

$108K/yr - $129K/yr

5+ years exp

IDEA Public Schools is seeking a Director of Accounting who will provide accurate and timely financial information to stakeholders and ensure compliance with financial reporting guidelines. The role involves managing accounting staff, overseeing financial processes, and collaborating with various teams to maintain effective accounting practices.

CommunitiesEducationNon Profit

Responsibilities

Drive strategies to complete month end close for all entities by the 10th business day for all entities

Analyze and re-engineer business processes to achieve business goals related to the Accounting Department

Ensure grant spending and grantor payments are on-track in partnership with the Advancement and Compliance Team and other Finance Teams across all entities

Review and approval of payroll registers and payroll liability invoices for all entities before these are processed for payment

Actively participate with the accounting and payroll teams to create an environment of trust, respect and encouragement

Ensure no reportable instances of material noncompliance in Financial Reporting and Compliance during the Annual Financial Audit

Serve as a business partner to managers within the organization to ensure proper business processes are followed

Review and approve journal entries and cash receipts submitted by Staff Accountants and Accounting Clerks

Review and approve Statement of Financial Position reconciliations prepared by Staff Accountants, monthly, to ensure proper supporting documentation is provided and amounts are following Generally Accepted Accounting Principles, Financial Accounting Standards Board and the Texas Education Agency Financial Accountability System Resource Guide

Review Statement of Activities (for transaction classes) monthly to determine reasonableness of amounts, detect potential errors and analyze significant variances

Review Balance Sheets by Fund on a quarterly basis to determine reasonableness of amounts, detect potential errors and analyze significant variances

Identify technical problems and develop solutions to support business objectives

Analyze and identify business process optimization

Manage and mentor cross functional team to successfully execute business projects

Ensure that an adequate project plan is developed to implement the new business process

Collaborate with Department Leaders to plan and lead improvement projects

Serve as the expert on grant compliance and interpretation of relevant federal requirements including EDGAR and the Uniform Guidance, as well as other related Federal and State regulations and legislation and board policy

Lead high level monitoring and reporting of IDEA’s grant portfolio (philanthropy, state & federal)

Conduct monthly check-ins with external and internal evaluation partners on progress towards the agreed upon scope of work, milestones and deliverable

Drive strategies to prepare and post journal entries related to Payroll as identified in the Month End Close Processing Checklist

Review and approval of account reconciliations related to Payroll Liabilities by the dates outlined in the Month End Close Processing List

Review and approval of payroll deduction invoices for Accounts Payable processing and process payments that must be made via wire transfer

Collaborate with the Payroll Department, Position Control, and Grant accountant to identify and process account code changes identified in review

Support the timely and efficient execution of personnel actions

Process payment of payroll registers timely. Collaborate closely with the payroll department to review and approve all payrolls timely

Inform payroll department of discrepancies that need correction

Collaborate with the payroll department to project annual payroll expenses and accuracy

Drive Strategies between payroll, position control, accounting and budget departments to reconcile: Federal and State grant rosters to position control; TRS variances by employee and track adjustments as correction are made

Communicate with IDEA senior leaders about overall progress and engage as needed to provide guidance or accountability  Keep current on new and upcoming standards related to Financial Reporting and Compliance

Attend trainings related to Financial Reporting and Compliance provided by AICPA, TSCPA, TASBO, TEA and Region One

Update local Financial Reporting Manual to document current processes and controls over financial reporting as well as Local and Federal Grant policies and procedures

Ensure required inventory requirements are met for all entities

Provide guidance to managers regarding the allowability of activities according to IDEA’s charter as well as federal and state regulations

Provide guidance related to internal controls and segregation of duties to managers implementing new business processes

Facilitate training related to Fixed Assets

Additional Duties as assigned

Qualification

Non-profit accountingFinancial Reporting ComplianceGrant compliance expertiseAccounting principlesProject managementCustomer serviceMicrosoft productsData analysisTeam managementCommunication skillsDecision-making

Required

Education: Bachelors degree required, accounting or finance-related field preferred

Experience: 5 years professional-level experience in high volume, deadline critical accounting environment, preferably in school districts

Non-profit accounting and auditing principles established by the Financial Accounting Standards Board (FASB) for Not-for-Profit Organizations

Well-rounded knowledge of the following transaction classes: Fixed Assets, Payroll, General Accounting, Intracompany Accounting

Evaluate accounting problems, develop data, and recommend improvement procedures

Exhibits and cultivates high customer service centric approach to the accounting process

Computer proficiency and technical aptitude with the ability to use Microsoft products, including PowerPoint, experience with Employee Information Systems, Enrollment Platforms, and other benefits databases