Director of Fixed Assets Accounting

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All full-time university staff are eligible for VCU’s robust benefits package that includes: comprehensive health benefits, paid annual and holiday leave granted up front, generous tuition benefit, retirement planning and savings options, tax-deferred annuity and cash match programs, employee discounts, well-being resources, abundant opportunities for career development and advancement, and more. Learn more about VCU’s benefits here.

Job Code 18321 Recruitment Pool All Applicants Posting Number req6817 Unit University Controller MBU Department Financial Reporting Department Website Link https://controller.vcu.edu/reporting/ Location VCU Address 912 West Franklin St, Richmond, VA 23284 USA Duties & Responsibilities

The VCU Financial Reporting department has an exciting opportunity for a Director of Fixed Assets Accounting to join our team!

VCU is unlike any university you have ever seen. We bring curiosity, passion and an unrelenting drive to discover the ideas others can’t. We envision a future that is unbound by tradition, that seeks to disrupt the way things have always been. A premier, urban, public research university nationally recognized as one of the best employers for diversity, VCU is a great place to work. It’s a place of opportunity, where your success is supported and your career can thrive. VCU offers employees a generous leave package, career paths for advancement, competitive pay, and an opportunity to do mission-driven work.

All full-time university staff are eligible for VCU’s robust benefits package that includes: comprehensive health benefits, paid annual and holiday leave granted up front, retirement planning and savings options, tax-deferred annuity and cash match programs, generous tuition benefit, employee discounts, well-being resources, abundant opportunities for career development and advancement, and more. Learn more about VCU’s benefits: https://hr.vcu.edu/current-employees/benefits/a-z-list-of-benefits/.

Summary

The Director of Fixed Assets will be the primary person responsible for maintaining the University’s fixed asset accounting system. This includes but is not limited to:

• Maintain policies and procedures that keep the University in compliance with accounting standards and applicable laws and regulations as it relates to fixed assets
• Supervise and oversee the work of the Fixed Assets Accounting Team to ensure quality accounting records are maintained
• This position will have primary responsibility for the fixed assets system and the general ledger accounts related to fixed assets
• This position will have responsibility for overseeing the Robotics Automation Process (RPA) that VCU utilizes for recording additions to fixed assets
• Ensure that proper training materials are prepared and kept up to date
• Review fixed asset reports and reconciliations on a monthly basis
• Review expense accounts for capital assets that may be miscoded
• Provide support for VCU’s Facilities and Administrative Cost Rate Proposal (FACR).
• Ensure that equipment locations are accurate and up-to-date for the FACR proposal.
• Oversee the Higher Education Equipment Trust Fund (HEETF)
• Record and reconcile depreciation expense
• Prepare schedules and footnote disclosures for the audited financial statements
• Serve as primary contact to the external auditors in support of the audit of fixed assets
• This position is required to be in person, with some remote work opportunity
  
  

Qualifications

Minimum Qualifications

• Bachelor’s degree with a concentration in accounting, or equivalent thereof
• Significant experience accounting for fixed assets
• Excellent verbal and written communication skills
• Strong organizational skills
• Strong analytical skills
• Ability to work in a diverse environment
• Demonstrated experience working in and fostering a diverse faculty, staff and student environment or commitment to do so as a staff member at VCU
  
  

Preferred Qualifications

• CPA license
• Experience with FACR proposals/indirect cost accounting
  
  

FLSA University Employee Job FTE 100 Exemption Status Exempt Restricted Position E-Class UF - University Employee FT Job Category University Employee ORP Eligible Yes Salary Range $90,000 - $100,000 Compensation Type Salaried Target Hire Date 1/28/2025 Contact Information for Candidates

Documents Needed to Apply Resume and Cover Letter