Capital​/Indirect Cost Accountant

Working Title: Capital/Indirect Cost Accountant

State Role

Title:

Financial Services Manager I

Position Type: Full-time Staff (Classified)

Position Status: Full-Time

FLSA Status: Exempt:
Not Eligible for Overtime

College/Division: Finance

Department: 100641 - Associate Controller - Reporting

Pay Band: 5

Pay Rate: Pay Range

Specify Range or Amount: $68,000 - $74,000

Is this a JMU only position? No

Is this a grant-funded position? No

Is this a Conflict of Interest designated position? No

Beginning Review Date: 07/08/2026

• Manage the University's debt service program, ensuring timely payments and accurate tracking of principal, interest, and premium/discount amortizations for reporting.
• Prepare all debt-related work papers for the annual financial statements.
• Provide timely and accurate information on capital construction accounting, including construction costs, bond funding usage, and reimbursement from bond proceeds.
• Manage preparation and reconciliation of financial statement sections for construction and renovation, financing capital assets activity (debt), and restricted funds (grants and contracts).
• Compile financial statement work papers including the Schedule of Federal Assistance for restricted federal funds reporting.
• Prepare annual reports for IPEDS, SCHEV, continuing bond disclosure, and year-end accounting related to Federal Work Study draw down of funds.
• Supervise compilation and preparation of data for inclusion in Federal Indirect Cost and State Auxiliary Indirect Cost proposals, ensuring compliance with 2
  
  CFR.
• Collect data for indirect cost studies using CRIS software, queries, and reports.
• Provide supervision to one employee, the Capital Construction Accountant.
• Monitor and evaluate leases and SBITA contracts for capitalization and inclusion in year-end financial statements.

• Experience in state university or higher education setting.
• Supervisory experience.
• Knowledge of GAAP accounting principles and general office procedures.
• Experience handling debt service obligations accurately for payment and reporting.
• Experience accounting for capital construction projects.
• Knowledge of financial reporting requirements for federal and state agencies related to debt functions.
• Ability to work independently with minor supervision and collaborate within department and across university.
• Ability to work under pressure to meet deadlines.
• Computer proficiency required; strong Excel or spreadsheet skills; experience with People Soft or other financial systems a plus.

Employment is contingent upon successful completion of a criminal background check. After accepting employment, new hires must complete an I-9 form and present documentation of eligibility. James Madison University uses the E‑Verify system to confirm identity and work authorization.

James Madison University is committed to creating and supporting a diverse and inclusive work and educational community that is free of all forms of discrimination. This institution does not tolerate discrimination or harassment on the basis of age, color, disability, gender identity or expression, genetic information, national origin, parental status, political affiliation, race, religion, sex, sexual orientation or veteran status. We promote access, inclusion and diversity for all students, faculty, staff, constituents and programs, believing that these qualities are foundational components of an outstanding education in keeping with our mission.

The university is interested in candidates whose experience and qualifications support an ongoing commitment to this core quality. Anyone having questions concerning discrimination should contact the Office for Equal Opportunity: .

If you are an individual with a disability and need assistance searching or applying for jobs please contact us at  or jobs. You may also visit the JMU Human Resource Office, located at 752 Ott Street, Harrisonburg, VA 22807 and we will be happy to assist you.