What are the responsibilities and job description for the Director of Financial Administration position at Trinity College?
Director of Financial Administration
Trinity, a comprehensive university in the nation’s capital, seeks a Director of Financial Administration who will be part of a dynamic team in the Business Office. This position will report directly to the Chief Financial Officer (CFO) and Vice President of Financial Affairs. Trinity emphasizes excellence and innovation in teaching and learning across a full range of liberal arts and professional disciplines in undergraduate and graduate education. As such, we are looking for someone who enjoys a challenge, who is fully immersed in all accounting related functions, who understands and will support Trinity’s mission, is able to prioritize when faced with several important deadlines, supports, motivates and challenges a staff and most importantly works well in a team environment.
POSITION OVERVIEW:
The Director of Financial Affairs will support the CFO with the functions that include but are not limited to debt management, investment management, grants accounting and financial reporting, deferred gifts, annual financial statement audits, and general ledger.
EDUCATION REQUIREMENTS & QUALIFICATIONS:
- Bachelor’s Degree in Accounting or Business required. CPA preferred but not required.
- 7 plus years of progressive and relevant experience, preferably as a director.
- Experience with Great Plains and Power Campus data base systems
KNOWLEDGE, SKILLS & ABILITIES:
- Strong leadership skills in managing Higher Ed accounting systems.
- Knowledge of current accounting and financial reporting standards for colleges; ability to interpret and apply accounting principles and standards to complex financial transactions; to evaluate and implement control changes; manage multiple projects and meet deadlines.
- Operational, capital and grant budget development and management.
- Ability to work cohesively with the President, CFO, and Associate Controller.
- Demonstrated ability with spreadsheet and database packages.
- Strategic understanding of how the day-to-day financial transactions fit into the larger, holistic, financial management of the institution.
- Excellent oral and written communication skills; attention to detail and follow through.
- Commitment to building a strong team that is committed to customer service excellence.
- Skill in interpersonal relations and communication including tact and diplomacy to interact with individuals at all levels from within and outside the organization.
- Demonstrated ability to supervise, direct and evaluate the work of staff, and lead and inspire a diverse work force.
- Ability to establish and maintain effective working relationships.
ESSENTIAL RESPONSIBILITIES:
- Directs, coordinates, facilitates, monitors, plans, trains and evaluates services to internal staff and other division and stakeholders as appropriate in the assigned business areas.
- Assists in the maintenance of the general ledger.
- Provides leadership for financial system upgrades, and implementation of new policies and procedures pertaining to the overall finances. Keeps informed and implements to the compliance and reporting standards with state, federal and District policies and regulations.
- Develop and monitor robust internal controls for fraud, errors, and omissions with cash accounts, accounts payable and investments.
- Monitors and prepares the semi-annual bond covenant reports for our financial institution partner.
- Ensures that the College’s financial practices comply with accounting standards and governing law. Formulates responses to audit findings and implementation of necessary corrective actions. Provide assurance that college assets are safeguarded.
- Oversees and reviews the preparation of the following:
- Timely and accurate financial reports
- Information required for government reports, grants, and contracts
- Internal financial statements and budget reports
- Annual and revised budgets
- Monthly financial statements
- Responsible for the cash flow model development and capital planning
- Maintains investment records.
- High level Financial Analysis/Reporting (Revenue, Enrollment, A/R trends, etc.)
- Handles applicable government relations and accounting principles and other related duties.
- Assists the CFO with the development of the annual budget.
- Performs other duties as assigned
Trinity offers comprehensive and competitive benefits to full-time employees to include Health, Dental & Vision insurance, Employer Paid Life and Disability benefits, 403(b) Retirement plan with employer match up to 6%, Paid Family Leave, Trinity Center Membership Free to all employees to include full size pool, walking track, weight & Cardio equipment, Free campus parking, Free Shuttle bus between campus & Brookland Metro station and more.
Trinity Washington University is an Affirmative Action/Equal Access/Equal Opportunity Employer dedicated to the achievement of excellence and diversity among its students, faculty and staff. Trinity is committed to fostering a diverse and inclusive community and strongly encourages all qualified individuals to apply.