Director of Financial Services

Position Title:

Director of Financial Services

Regular

Northern Kentucky University seeks a collaborative and strategic financial leader to serve as the Director of Financial Services(University Accounting & Treasury Services).

Reporting to the Associate Vice President for Financial Services, this position is responsible for overseeing the University's day-to-day accounting and treasury operations, including general accounting, financial reporting, treasury management, capital asset accounting, and accounts payable.

The Director ensures the accuracy, integrity, and timeliness of the University's financial records and reporting while maintaining compliance with Generally Accepted Accounting Principles (GAAP),Governmental Accounting Standards Board (GASB) standards, and applicable federal and state regulations. This position plays acritical leadership role in the annual financial statement auditprocess, development of financial policies and procedures,implementation of accounting systems, and continuous improvement ofbusiness processes.

The Director supervises accounting staff, partners closely with stakeholders across the institution, and serves as a key advisor and backup to the Associate Vice President for Financial Services.

• Provide leadership and supervision for accounting and treasury services staff, including assigning work, establishing priorities,evaluating performance, and fostering professional development.
• Ensure the integrity and accuracy of the University'saccounting records, financial transactions, and reporting processes.
• Review and approve journal entries, account reconciliations,and other accounting transactions to ensure compliance with University policies, GAAP, and GASB standards.
• Oversee the University's accounts payable operations, ensuring timely and accurate processing of payments and compliance with applicable policies and procedures.

• Lead the preparation of monthly, quarterly, and annual financial reports.
• Coordinate and prepare the University's annual financial statements and related disclosures.
• Manage year-end closing activities, including preparation ofclosing entries, reconciliations, and audit schedules.
• Serve as the primary liaison with external auditors and coordinate responses to audit requests.
• Monitor new GASB pronouncements and accounting requirements,assess institutional impact, and implement changes necessary toensure compliance.
• Develop, maintain, and communicate accounting policies,procedures, and internal controls.

• Coordinate the development and enhancement of financial accounting and reporting systems.
• Partner with Information Technology, Human Resources, Student Financial Services, and other campus departments to support and improve integrated financial systems.
• Act as a subject matter expert for financial systems, includingERP and reporting tools.
• Identify opportunities to streamline processes, improve efficiency, strengthen internal controls, and enhance financial reporting capabilities.

• Coordinate the preparation, review, and submission of required external reports, including but not limited to:
  • FISAP
  • IPEDS
  • Council on Postsecondary Education (CPE) reporting
  • Annual Comprehensive Financial Report (ACFR/CAFR)
  • American Bar Association (ABA) reporting
  • Management Information Reports (MIR)
  • Other federal, state, and regulatory reporting requirements
• Review activity and financial information from affiliatedentities, including foundations, when necessary for external reporting purposes.

• Provide financial expertise and guidance to University leadership.
• Lead or participate in special projects and strategic initiatives as assigned.
• Serve as backup to the Associate Vice President for Financial Services.

• Master's degree in Accounting, Finance, Business Administration, or a closely related field.
• Minimum of seven (7) years of progressively responsible accounting, financial reporting, or treasury management experience.
• Demonstrated supervisory or management experience.
• Experience preparing audited financial statements and coordinating external audits.
• Strong knowledge of GAAP and GASB accounting standards.

• Certified Public Accountant (CPA) strongly preferred.
• Experience in higher education, governmental, or nonprofit accounting.
• Experience with Workday, or similar enterprise financial systems.
• Experience preparing regulatory and…