Director, Financial Reporting and Compliance/Audit

Position Description 

Position Title

Director, Financial Reporting and Compliance/Audit

Secondary Title 

Group / Grade

L

Classification

Managerial/Supervisory

Work Location

All Campuses 

Overtime Eligible

Exempt

Division

Operations and Finance

Differentials

N/A

Department

Financial Reporting and Compliance

Reports To

Chief Financial Officer 

Supervision Received 

Works under the direction of the Chief Financial Officer (CFO).

Supervisory Responsibility 

Supervises Management, Administrative/Confidential, Faculty, Classified, Student, Volunteer, and/or Temporary Staff of assigned department(s).

• Supervise and mentor a team of accountants, including hiring, training, performance evaluations, and professional development.
• Foster a culture of excellence, collaboration, and accountability.
• Conduct regular meetings and ensure adherence to internal controls, policies, and procedures.

• Ensure compliance with federal, state, and institutional financial regulations, including GAAP, GASB, and Oregon Local Budget Law.
• Coordinate the development of board policies, administrative procedures, and financial handbooks.
• Communicate financial policies and procedures across the College and maintain up-to-date financial content on institutional platforms.

• Manage the integrity of the general ledger by ensuring timely, accurate recording and classification of financial transactions, including AP, AR, and journal entries.
• Direct the monthly and annual close processes, ensuring all financial data is reviewed, approved, and posted in alignment with internal deadlines and standards.
• Prepare and review financial statements in compliance with GAAP and regulatory standards; monitor balance sheet and income statement accounts for accuracy and completeness.
• Oversee the configuration, maintenance, and user permissions within the GL module of the financial information system, resolving technical issues and optimizing workflows.
•  Ensure consistency in financial reporting by maintaining the chart of accounts, standardizing forms and procedures, and delivering exceptional customer support to internal and external stakeholders.

• Oversee cash flow forecasting, liquidity planning, and investment of excess funds to ensure financial efficiency and maintain strong banking relationships.
• Manage long-term debt compliance, monitor repayment schedules, and maintain the accounts payable module, ensuring system integrity and alignment with financial policies.
• Ensure accurate accounting, tracking, and reporting of federal, state, and private grants, including timely drawdowns, reconciliations, and adherence to funding requirements.
• Supervise grant accountants, monitor compliance and indirect cost recovery, and prepare the institution’s indirect cost proposal to support effective resource management.
• Manage capitalization, depreciation, and tracking of fixed assets to ensure compliance with accounting standards and accurate reporting through a maintained asset register and regular inventory reconciliation.
• Collaborate with Facilities and Planning teams to ensure proper accounting, budgeting, and financial tracking of capital projects, aligning expenditures and financing with institutional and debt management strategies.

• Plan and execute internal audits to evaluate financial controls, identify risks, and recommend improvements.
• Coordinate annual independent audits, ensuring timely preparation of financial statements and resolution of audit findings.
• Manage the preparation and submission of IPEDS, CCFIS, and other external reports in compliance with federal and state requirements.
• Ensure accurate tracking and classification of capital project costs, including budget-to-actual expenditure analysis.

• May participate in College committees as assigned
• Engages in professional growth opportunities as assigned
• ·Performs other duties as assigned

• Demonstrates our core values of integrity, collaboration, diversity, equity, and inclusion, sustainability, and courage.
• Actively contributes to a culture of respect and inclusivity by collaborating effectively with students, colleagues, and the public from diverse cultural, social, economic, and educational backgrounds.
• Participates in recruitment and retention of students at an individual and institutional level in promotion of student success.
• Embraces and leverages appropriate technology to accomplish job functions.
• Provides high quality, effective service through learning and continuous improvement.

• Education – Master’s Degree in Business or related field is required, with successful completion of accounting courses.
• Experience – Minimum of 5 years of progressively responsible experience in financial management within a complex organization (higher education, government, or public sector), including experience in general ledger oversight, compliance reporting, audit coordination, and grants management. Prior supervisory or leadership responsibilities are strongly preferred.

• Certified Public Accountant (CPA)
• Certified Public Finance Officer (CPFO)
• Certified Government Financial Manager (CGFM)

• Knowledge – Comprehensive understanding of the organization, structure, and administration of financial operations within an adult learning or public-sector institution. Proficiency in Generally Accepted Accounting Principles (GAAP), fund accounting, Oregon Local Budget Law, federal grants management, government auditing standards, Oregon Administrative Rules, and relevant OMB Circulars (A-133 and A-2). In-depth knowledge of Accounts Payable, Accounts Receivable, and Collections processes. Familiarity with institutional policies, legal and regulatory compliance, and personnel management practices, including collective bargaining. Proficient in Microsoft Office, 10-key calculators, and financial systems such as ADP.
• Skills – Strong leadership and supervisory abilities with demonstrated expertise in accounting, financial practices, and project management. Excellent verbal and written communication, active listening, and interpersonal skills. Proven ability to resolve conflicts, solve problems, and make sound decisions in a collaborative environment. Skilled in planning, organization, and managing multiple priorities effectively. Proficient in Microsoft Office Suite® and equipped with strong analytical and mathematical capabilities.
• Abilities – Ability to understand, apply, and embody the College’s core leadership competencies. Capable of performing detailed work with written and numerical data, including making accurate and timely calculations. Strong analytical and creative thinking skills with the ability to make sound decisions, prioritize tasks, and manage multiple projects efficiently. Proven ability to plan, supervise, train, and develop staff while fostering collaboration and respectful communication with colleagues, leadership, faculty, and external stakeholders. Able to function effectively as part of cross-functional teams, committees, and councils. Skilled in conflict resolution and the use of office equipment, including 10-key calculators and computers. Must be physically able to perform essential job functions. Pass a criminal background check.

• For assignments requiring operation of a motor vehicle, possession of a valid Oregon Driver’s License or the ability to obtain one within 30-days of employment, and maintenance of an acceptable driving record are required.
• Obtain Certified Public Finance Officer (CPFO) certification within 2-years of employment. 

• This position functions as an in-person work arrangement, working on-campus with either a set schedule or flexibility depending on operational needs.

• Manual dexterity and coordination are required for less than half of the daily work period which is spent sitting while operating office equipment such as computers, keyboards, 10-key, telephones, and other standard office equipment. While performing the duties of this position, the employee is frequently required to stand, walk, reach, bend, kneel, stoop, twist, crouch, climb, balance, see, talk, hear, and manipulate objects. The position requires some mobility including the ability to move materials up to 5 pounds daily and 5-25 pounds rarely. This position requires both verbal and written communication abilities.

• While performing the duties of this position, the employee is primarily working indoors in an office environment. The employee is not exposed to hazardous conditions. The noise level in the work environment is usually moderate and lighting is adequate.