Principal Accountant, University Administration

OFFICE OF THE UNIVERSITY CONTR (UA-CTRO-IUBLA)

The Office of the University Controller (UCO) provides leadership and guidance for financial compliance, systems, and services at Indiana University (IU). We strive to be a leader in higher education by embracing financial best practices, continuous improvement and by creating a culture of respect, integrity, and collaboration. As an organization, we value knowledge and different perspectives from our people, and we are welcoming of people of different backgrounds.

Department-Specific Responsibilities

• Responsible for providing unit monitoring and oversight to mitigate financial compliance risk for IU in all aspects of financial, accounting, and controls compliance, as required by the Office of the University Controller (UCO).
• Performs accounting and compliance activities on behalf of the unit.
• Ensures unit-level accountability, compliance and controls for financial activity as defined in university policy and the IU Accounting Standards.
• Acts as the unit-level liaison to UCO for all financial, accounting and controls compliance, including financial systems and reporting.
• Provides unit support for the development and execution of compliance initiatives of UCO as part of UCO strategic planning.
• Conducts quarterly unit financial analysis and closing material preparation in support of external financial and executive-level reporting.
• Facilitates Internal Audit action/clean-up for financial items, as needed.
• Provides external audit support requests, as required.
• Provides unit support for special accounting projects, as needed.
• Provides unit support for the implementation of institutional financial efficiencies.
• Provides training and development for the unit on any of the items within the scope of tactical job responsibilities.

General Responsibilities

• Applies Generally Accepted Accounting Principles (GAAP).
• Performs more complex accounting assignments requiring advanced professional experience, knowledge, and competency in accounting principle and practices to safeguard the organization's financial resources and ensure compliance with all relevant regulations, laws, and reporting requirements.
• Establishes and maintains accounting policies and controls, fiscal controls, and financial reports.
• Prepares, reviews, and provides interpretation of complex reports and analyses for manager and officers.
• Submits recommendations for improved operations.
• Oversees and assists with specialized accounting assignments such as the preparation of monthly, quarterly, and annual financial activity.
• Provides work leadership to lower-level accounting employees.

Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.

EDUCATION

Required

• Bachelor's degree in accounting, or related field

Required

WORK EXPERIENCE

• 5 years relevant experience

LICENSES AND CERTIFICATES

Preferred

• Certified Public Accountant (CPA) license or license eligible

Skills

Required

• Proficient written and verbal communication skills
• Maintains a high degree of professionalism
• Demonstrated time management and priority setting skills
• Demonstrates a high commitment to quality
• Possesses flexibility to work in a fast paced, dynamic environment
• Seeks to acquire knowledge in area of specialty
• Highly thorough and dependable
• Demonstrates a high level of accuracy, even under pressure
• Possesses a high degree of initiative
• Ability to influence internal and/or external constituents
• Ability to drive multiple projects to successful completion
• Analytical ability and a high level of numerical competence
• Proficiency in IT and demonstrated skill in using Excel to produce financial reports
• Ability to reconcile financial ledgers and process accounts payable/receivable
• Organizational skills and ability to manage deadlines
• High level of attention to detail and accuracy.
• Ability to communicate effectively

This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.

Bloomington, Indiana or Indianapolis, Indiana

This position is eligible for remote work or to work a hybrid schedule (mix between remote and in-person work), subject to change based on university policy and business needs.

$85,000 - $90,000 annually, depending upon qualifications

For full-time staff employees, Indiana University offers a wide array of benefits including:

• Comprehensive medical and dental insurance
• Health savings account with generous IU contributions
• Healthcare and dependent care flexible spending accounts
• Basic group life insurance paid by IU
• Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
• Base retirement plan with generous IU contributions, subject to vesting
• Voluntary supplemental retirement plan options
• Tuition subsidy for employees and family members taking IU courses
• 10 paid holidays plus a paid winter break each year
• Generous paid time off plans
• Paid leave for new parents and IU-sponsored volunteer events
• Employee assistance program (EAP)

Learn more about our benefits by reviewing the IU Benefit Programs Brochure.

Career Level: Advanced

FLSA: Exempt

Job Function: Finance

Job Family: Accounting & Tax

Click here to learn more about Indiana University's Job Framework.

This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.

If you wish to include a cover letter, you may include it with your resume when uploading attachments.

Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discrimination here which includes contact information.

The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online. You may also request a physical copy by emailing IU Public Safety at [email protected] or by visiting IUPD.

Request Support

Telephone: 812-856-1234

Qualifications

• Combinations of related education and experience may be considered
• Education beyond the minimum required may be substituted for work experience
• Work experience beyond the minimum required may be substituted for education
• Bachelor's degree in accounting, or related field
• 5 years relevant experience
• LICENSES AND CERTIFICATES
• Proficient written and verbal communication skills
• Maintains a high degree of professionalism
• Demonstrated time management and priority setting skills
• Demonstrates a high commitment to quality
• Possesses flexibility to work in a fast paced, dynamic environment
• Seeks to acquire knowledge in area of specialty
• Highly thorough and dependable
• Demonstrates a high level of accuracy, even under pressure
• Possesses a high degree of initiative
• Ability to influence internal and/or external constituents
• Ability to drive multiple projects to successful completion
• Analytical ability and a high level of numerical competence
• Proficiency in IT and demonstrated skill in using Excel to produce financial reports
• Ability to reconcile financial ledgers and process accounts payable/receivable
• Organizational skills and ability to manage deadlines
• High level of attention to detail and accuracy
• Ability to communicate effectively
• This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment
• The person in this role must be able to perform the essential functions with or without an accommodation

Benefits

• $85,000 - $90,000 annually, depending upon qualifications
• For full-time staff employees, Indiana University offers a wide array of benefits including:
• Comprehensive medical and dental insurance
• Health savings account with generous IU contributions
• Healthcare and dependent care flexible spending accounts
• Basic group life insurance paid by IU
• Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
• Base retirement plan with generous IU contributions, subject to vesting
• Voluntary supplemental retirement plan options
• Tuition subsidy for employees and family members taking IU courses
• 10 paid holidays plus a paid winter break each year
• Generous paid time off plans
• Paid leave for new parents and IU-sponsored volunteer events
• Employee assistance program (EAP)
• Learn more about our benefits by reviewing the IU Benefit Programs Brochure
• FLSA: Exempt

Responsibilities

• Responsible for providing unit monitoring and oversight to mitigate financial compliance risk for IU in all aspects of financial, accounting, and controls compliance, as required by the Office of the University Controller (UCO)
• Performs accounting and compliance activities on behalf of the unit
• Ensures unit-level accountability, compliance and controls for financial activity as defined in university policy and the IU Accounting Standards
• Acts as the unit-level liaison to UCO for all financial, accounting and controls compliance, including financial systems and reporting
• Provides unit support for the development and execution of compliance initiatives of UCO as part of UCO strategic planning
• Conducts quarterly unit financial analysis and closing material preparation in support of external financial and executive-level reporting
• Facilitates Internal Audit action/clean-up for financial items, as needed
• Provides external audit support requests, as required
• Provides unit support for special accounting projects, as needed
• Provides unit support for the implementation of institutional financial efficiencies
• Provides training and development for the unit on any of the items within the scope of tactical job responsibilities
• Applies Generally Accepted Accounting Principles (GAAP)
• Performs more complex accounting assignments requiring advanced professional experience, knowledge, and competency in accounting principle and practices to safeguard the organization's financial resources and ensure compliance with all relevant regulations, laws, and reporting requirements
• Establishes and maintains accounting policies and controls, fiscal controls, and financial reports
• Prepares, reviews, and provides interpretation of complex reports and analyses for manager and officers
• Submits recommendations for improved operations
• Oversees and assists with specialized accounting assignments such as the preparation of monthly, quarterly, and annual financial activity
• Provides work leadership to lower-level accounting employees
• The position involves sedentary work as well as periods of time moving around an office environment and the campus
• This position is eligible for remote work or to work a hybrid schedule (mix between remote and in-person work), subject to change based on university policy and business needs