Director of Accounting

5 days ago Be among the first 25 applicants

Hiring Department
: UICOMP-Admin
Location
:
Peoria, IL USA
Requisition : 1037541
Posting Close Date
: 2/10/2026
Salary
: $100,000 to $175,000 per year

The Director of Accounting provides oversight and management of all accounting and financial reporting functions for the campus. Providing oversight of all audit interactions, financial policies, procedures, applicable regulatory compliance, and internal controls, all consistent with the College of Medicine and overall University of Illinois policies and procedures. Collaborate and coordinate with the department admins on any necessary reconciliations due to hospital affiliates.

Oversight of all invoices associated with revenue generating agreements. Promotes the financial well-being of the College by providing budget management, monitoring of appropriate cash balances, safeguarding all financial assets of the College. The Director plays a key role in supporting the Executive Director for Fiscal Affairs in developing and implementing sound financial strategies that promote the mission, goals, and fiscal sustainability of the medical school.

• Provide executive leadership to develop and direct a range of budget planning, execution, and reporting activities. Develop complex cost accounting, cost/benefit analysis and pro-forma statements for management decision making and evaluate risk.
• Possess a broad understanding of all facets of the College of Medicine to work effectively with the Regional Dean, senior administrators, faculty, Department Heads and staff.
• Works in collaboration with the Director of Operations to manage the accounting functions of all revenue and expense agreements.
• Direct the daily accounting functions of the College through appropriate technical staff. Oversee all account establishment, obligation, vouchering and payroll processes, account transfers, miscellaneous transfers, petty cash, and revenue accounting.
• Design and coordinate accounting-related meetings and training for all accounting staff and departmental leadership including business admins.
• Generate all monitoring and reporting for all College sources of funds-State, MSP, grants, contracts, and others.
• Oversee the auditing functions within the accounting team to ensure compliance with Generally Accepted Accounting Principles (GAAP). Provide guidance to the team during the review of financial audit results and assist in identifying trends or issues uncovered during the process.
• Interface with various committees including MSP-related committee work, as well as other campus committees and other ad hoc operational groups.
• Develop, nurture and maintain professional business relationships with internal and external partners including the leadership of local healthcare systems, governmental and community agencies and other organizations.
• Plan, assign and review work of staff to ensure that group objectives are met. Hire, train, develop and manage staff to ensure that a qualified staff exists to meet group objectives.
• Participates in annual budget process with Executive Director for Fiscal Affairs.
• Assist the Associate Dean for Clinical Affairs and Regional Clinical Strategy with developing business plans when evaluating new clinical services and enhancing existing services.
• Perform other related duties and participate in special projects as assigned.
• This job description reflects the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. Nothing restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

• Master’s degree in business, finance, accounting or public administration.
• Minimum of seven years progressively responsible related work experience.
• Knowledge of generally accepted accounting standards.
• Microsoft Office proficiency, particularly Excel, and the ability to utilize various financial systems/ databases.
• Outstanding communication skills, including written, verbal, and presentation skills.
• Skills in collaborative planning and decision-making, team-building and multi-tasking.
• Strong organizational and leadership skills.

• CPA, MBA, or Healthcare related Master's degree.
• Experience in nonprofit, public sector or higher education.
• Knowledge of Banner accounting system.

To apply , please visit this job listing on the UIC Job Board at  , scroll towards the bottom of the page and click, 'Apply Now'. You may be redirected to log into, or to create a new account. For fullest consideration please apply by 12/3/2025. The budgeted salary range for the position is $100,000 to $175,000 per year. Salary is competitive and commensurate with qualifications and experience, while also considering internal equity.

The University of…