Senior Manager of Financial Reporting & Accounting

University of Delaware

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Job No: 502834

Work Type:
Staff

Location:

Newark, DE/Hybrid

Categories:
Financial Services and Procurement, Full Time

Pay Grade: 33E

The Senior Manager of Financial Reporting & Accounting provides leadership and oversight of the University's external financial reporting, interim reporting, and key accounting functions. Under the direction of the Assistant Controller, the Senior Manager ensures the timely and accurate preparation of financial statements, oversees the coordination of audits, manages accounting and reporting processes, and supports initiatives to enhance transparency and efficiency across University Finance.

This position supervises a professional accounting team and collaborates closely with the Budget Office, Decision Support, Treasury, and academic and administrative units across campus. The Senior Manager plays a critical role in interpreting complex financial information, improving processes, maintaining compliance with accounting standards, and providing high-quality financial reporting.

• Provide strategic leadership and oversight for the preparation of the University's annual audited consolidated financial statements, ensuring accuracy, completeness, and compliance with GAAP and FASB standards.
• Direct and review the development of audit work papers and supporting documentation for the financial statements.
• Partner closely with the Manager of Technical Accounting & Compliance and the Assistant Controller to resolve complex accounting questions, implement new reporting standards, manage audit deliverables, and prepare materials presented to the Audit Committee.

Oversee the preparation and auditor review of the NCAA Statement of Revenue and Expense, ensuring the report's accuracy, compliance with NCAA guidelines, and timely submission.

• Provide leadership and direction for the University's periodic interim financial reporting process, including the coordination and oversight of all required closing activities. Establish and manage reporting timelines to ensure the timely and accurate completion of interim reports and analyses.
• Oversee and continuously enhance the University's analytical reporting package, prepared three times annually. Conduct financial analyses to interpret interim results and identify significant variances.
• Build and maintain strong partnerships with the University Budget Office and other financial teams to ensure consistency between GAAP-based financial results and budget basis reporting.

• Provide oversight and direction for the University's financial accounting and closing processes, ensuring accurate and timely recording of assets, liabilities, revenues, and expenses.
• Lead the review and approval of monthly, quarterly, and annual closing entries, maintaining internal controls and documentation standards to support financial reporting. Oversee reconciliations, analyses, and journal entries to ensure that accounting activity is complete, consistent, and properly supported for both interim and year-end financial reporting and audit requirements.
• Drive continuous improvement in accounting operations by identifying and implementing opportunities to enhance efficiency, automate recurring processes, strengthen internal controls, and streamline workflows across financial systems.

• Oversee the accounting, reporting, and annual audit of State of Delaware appropriations provided to the University. Manage staff responsible for requesting and recording monthly revenue draws from the State of Delaware and ensuring timely reconciliation of related bank activity.
• Collaborate closely with academic colleges and administrative units that spend state funds to ensure compliance with appropriation purposes.
• Lead the preparation of annual financial…