Financial Reporting Analyst 510738

Profile

Job Description
Description:
Chancellor's Office Statement
Join our team at the California State University, Office of the Chancellor, and make a difference in providing access to higher education. We are currently seeking experienced candidates for the position of Financial Reporting Analyst
. The CSU Chancellor's Office, located on the waterfront adjacent to the Aquarium of the Pacific in downtown Long Beach, is the headquarters for the nation's largest and most diverse system of higher education. The CSU Chancellor's Office offers a premium benefit package that includes outstanding vacation, health, and dental plans; a fee waiver education program; membership in the California Public Employees Retirement System (PERS); and 14 paid holidays a year.
Salary
The salary range for this classification is $4,693 to $8,489
per month.
Classification
Admin Analyst/Specialist - Exempt II
Position Information
The California State University, Office of the Chancellor, is seeking a Financial Reporting Analyst
to assist in the systemwide financial reporting and analysis of the financial data from 23 CSU campuses, Chancellor's Office and all component units. In addition, the Financial Reporting Analyst acts as liaison for external audit where appropriate, monitor systemwide financial reporting compliance, conducts technical research on new and upcoming accounting pronouncements, provides support in implementing systemwide accounting financial reporting guidance to the CSU campuses, and prepares systemwide journal entries passed down to campuses.
Responsibilities
Under the general direction of the Financial Reporting Manager
, the Financial Reporting Analyst
will
include, but are not limited to:
Systemwide Financial Reporting and Analysis
Assist with the preparation of the annual CSU consolidated financial statements and Single Audit Report that includes:
-Consolidation of data/information of 23 campuses, the Chancellor's Office, and all discretely presented component units;
-Identification and preparation of the necessary elimination, adjustment, and reclassification entries;
-Analysis and preparation of the management's discussion and analysis (MD&A), footnotes, and supplemental schedules;
-Analysis and review of the campus and component units financial information submitted in the reporting package for accuracy and consistency; and
-Analysis and review of the campus financial information to ensure timely implementation of accounting standards.
Perform analyses and reconciliation of campus financial information with systemwide data to ensure accuracy, compliance, and integrity of the financial information for reporting financial results, financial forecasts, and key business metrics;
-Evaluate impact of new GASB/FASB accounting standards as it applies to campuses and participate in planning and developing financial reporting tools/guides for implementing new standards;
-Assist with the maintenance and update of systemwide training materials, analysis and process improvements, assist in training sessions as well as serving as a presenter at GAAP reporting trainings;
-Provide training, guidance and support to campuses and component units;
-Update CSU GAAP Accounting and Reporting manual;
-Update, modify or create new footnotes or supplemental schedules in the financial reporting tool (Wdesk). Act as the main contact person to the Customer Success Manager of Wdesk;
-Special assignments, which include research activities over complex accounting problems/issues, as required.
Systemwide Passdown Journal Entries/Schedules
Prepare the passdown journal entries/schedules to the campuses which includes the following, but not limited to:
-Pension obligations
-Other postemployment benefits obligations
-Long-term debt related to the Systemwide Revenue Bonds program
-State appropriations revenue
-Commitment and contingencies
-Investments
-Related party transactions
-Cap and Trade
Coordination of External Audits and Reporting Compliance
-Prepare systemwide audit schedules to ensure timely submission to the external audit firm;
-Gather and prepare information required by the State Controller's Office;
-Serve as the primary contact with campuses as it relates to the submission of the IPEDS financial survey reports and NCAA AUP reports to the federal agency/regulatory agency;
-Prepare Single Audit Report to be compliant to Office of Management and Budget (OMB) Federal Audit Clearinghouse;
-Monitor and review of the completion of corrective action plans for significant deficiencies and material weaknesses of campuses and component units arising from audits.
Special Assignments
Special assignments include the following, but not limited to:
-Maintain user access rights to Wdesk, SharePoint, and MoveIt;
-Ensure completeness and accuracy of the CSU GAAP Coordinators Access List;
-Take minutes of weekly GAAP calls with campuses and external auditors;
Qualifications
This position requires:
-Bachelor's degree in Accounting, or equivalent combination of education and related work experience;
-Minimum 3 years' related experience in accounting, GAAP financial statement preparation/consolidation, financial reporting and analysis.
-Extensive knowledge of GAAP (GASB and FASB Standards) and familiarity with GAAS. This is necessary for the preparation of financial statements and supporting audit schedules;
-Strong analytical and technical accounting skills. This is necessary for the performance of fluctuation, variance, projection, and trend analyses;
-Experience with consolidation of financial information;
-Ability to effectively research, present ideas and concepts in written or presentation format and use consultative and facilitation skills to gain consensus;
-Ability to work independently with a high degree of accuracy under tight timelines;
-Knowledge with business process policies and procedures;
-Excellent written and verbal communication skills;
-Excellent organizational skills;
-Experience with word processing, spreadsheet and database software.
Preferred Qualifications:
-CPA certification is highly desired; or progress towards CPA certification;
-CSU/higher education and/or public accounting experience;
-Experience with coordinating for financial audits and/or single audits;
-Knowledge of Oracle/PeopleSoft Financials and Data Warehouse, Wdesk, and/or Tableau;
-Advanced knowledge of Microsoft Office (e.g. Excel, Word, PowerPoint)
Application Period
Priority consideration will be given to candidates who apply by March 4, 2022
. Applications will be accepted until the job posting is removed.
How To Apply

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