Nebraska State College System · 16 hours ago
Director-Budget and Financial Reporting
The Nebraska State College System is responsible for overseeing three state colleges, and they are seeking a Director-Budget and Financial Reporting to lead budgeting processes and financial reporting functions at Peru State College. This role involves collaboration with senior leadership and external stakeholders to ensure effective financial planning and compliance with accounting standards.
EducationHigher EducationUniversities
Responsibilities
Lead the planning, development, and implementation of PSC’s annual operating and capital budgets
Develop multi-year financial models, forecasts, and scenarios to support long-term planning
Provide guidance to departments on budget preparation, fund management, and fiscal policies
Monitor actual performance against budgeted projections and recommend corrective action as needed
Ensure data accuracy in the budget system
Develop and implement budget policies, procedures, and best practices that promote consistency, accountability, and efficiency
Verification of monthly and bi-weekly payroll
Participate in committees and working groups related to finance, planning, and resource allocation
Responsible for preparation of PSC’s annual audited financial statements, including all schedules and work papers, to ensure accuracy and compliance with Governmental Accounting Standards Board (GASB) and U.S. Generally Accepted Accounting Principles (GAAP) guidelines
Serve as PSC’s primary liaison with external auditors for the basic financial audit, the auxiliary program audit, and the Schedule of Expenditures of Federal Awards (SEFA) audit. Collaborates closely with auditors by responding to inquiries, providing required documentation, and explaining accounting and financial transactions. Reviews audit findings and management letters and works with the PSC Director-Financial Operations to implement recommended internal control improvements and other necessary revisions
Responsible for examining and analyzing accounting records, financial statements, and other financial reports to ensure accuracy, completeness, and compliance with applicable accounting standards and regulations
Collaborate with the System Finance Director at the Nebraska State College System (NSCS) Office and the Comptrollers from Chadron State and Wayne State Colleges to promote consistency and alignment in financial reporting across the System
Responsible for the implementation of new accounting standards and the implementation of any necessary changes in the process to accommodate those new standards, in coordination with the System Finance Director
Responsible for auxiliary program budgeting and financial reporting. Collaborate with the PSC Director-Financial Operations through regularly scheduled meetings to coordinate the budget process as well as necessary reporting
Prepare financial reports for the Board, federal and state entities, and other outside agencies as required. This includes IPEDS personnel and financial data, annual FISAP reports for Financial Aid, and the Coordinating Commission for Postsecondary Education supplemental forms
Provide advice on all financial matters to the PSC Vice President Administration and Finance (VPAF) and prepares financial reports and analysis as requested for internal purposes
Collaborate with PSC administration to support PSC’s educational mission
Assist the PSC VPAF and the PSC Director of Human Resources with special projects and other duties and responsibilities as needed
Other duties as assigned
Qualification
Required
Bachelor's degree in Accounting or related field
Three years of accounting experience
Experience and thorough knowledge of preparing or auditing financial statements
Knowledge of and experience with the application of financial accounting standards
Preferred
Master's degree in Accounting or related field
Work experience in governmental and/or higher education accounting
Certified Public Accountant license
Experience with SAP accounting system and PeopleSoft student information system
Working knowledge of GASB
Valid driver's license and acceptable driving record
Benefits
Comprehensive benefit package