Financial Reporting and Audit Manager

Financial Reporting and Audit Manager

Financial Reporting and Audit Manager

Company:

Fairmont State University

Job Location:

Fairmont

Category:

Business and Financial Services

Type:

Full-Time

Type of Position: Staff - Full Time

Department: Accounting

Appointment Length: July - June (12 mo)

Benefits Eligible?: Yes

Requested Part-Time Staff Hours: NA

F.T.E.: 1.00

Grant Funded Position?: No

Description of Job Duties and Responsibilities

The Financial Reporting and Audit Manager oversees the University's external and internal financial reporting and audit functions. This role manages financial tracking of assets, liabilities, revenue, and expenses to produce accurate, compliant reports; manages all external audit projects from initiation through completion; assists in producing financial reports, maintains strong communication and relationships with the campus community and key financial stakeholders, while staying current on higher-education regulations and guidelines including but not limited to Governmental Accounting Standards Board (GASB) implementations

Audit Management

Audit Coordination: Lead the preparation of the University's annual audited consolidated financial statements, ensuring accuracy and compliance with policies, federal and state laws, Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards. Serve as the primary liaison for annual financial auditors, coordinate the annual audit processes, develop workpapers, prepare schedules and collect documentation. Additional audits include but are not limited to National Collegiate Athletic Association (NCAA), Research & Development (R D) and Single Financial Audit (SFA)

Reporting: Complete all required and requested external reporting in compliance with state, federal and higher education reporting requirements for various third-party stakeholders, including but not limited to Internal Revenue Service (IRS), National Collegiate Athletic Association (NCAA), Integrated Postsecondary Education Data System (IPEDS), Higher Education Policy Commission (HEPC) and the State of West Virginia. Create regular, recurring and ad hoc internal reports as needed to support university-wide decision-making for all areas of the university campus

Closing Processes: Assist with monthly, quarterly and year-end closing activities, including but not limited to preparing accrual entries, completing, reviewing and correcting journal entries, account reconciliations, and financial data to ensure the accuracy of financial information

Operational Processes

Capital Assets: Identify, document, record, reconcile, and monitor all capital assets received and currently on file, including asset entry, asset tagging, and conduct quarterly departmental audits

Cash: Complete data entry of university receipts, ensure cash transfers are completed accurately and in a timely manner, and provide prompt responses to all departmental inquiries regarding cash balances

Financial Statements: Analyze interim financial results, identify significant variances, interpret data, work with the Finance team to compile monthly financial documents and make recommendations to support the financial accuracy of the university's financial information

Leadership

Policy Development: Work with Finance team to evaluate, update, implement and document departmental and university-wide financial policies and procedures

Unit Collaboration: Collaboration includes but is not limited to, working with the Budget Manager to ensure alignment between budget and actual reporting; partnering with the Finance Team to ensure accurate and timely financial reporting; and collaborating with departments across the university to promote clear understanding of financial data and processes

Improvement: Drive continuous improvement by automating manual processes and enhancing ERP system functionality for the University in conjunction with the State of WV's ERP system

Other - Participates in other projects and performs other duties as assigned.

Minimum Required Education

Bachelor's degree in Finance, Accounting, Business Administration, or a related field.

Required Licenses and/or Certifications

N/A

Minimum Required Qualifications

Minimum of 3 - 5 years of experience in finance or accounting

Strong analytical and problem-solving skills

Excellent communication and interpersonal abilities

Proficiency in financial management software, systems and Microsoft Office, especially Excel

Strong organizational and analytical skills.

Excellent communication skills, with the ability to handle sensitive financial matters professionally and confidentiality

Ability to manage multiple priorities and deadlines.

Preferred Qualifications

Experience with Ellucian Banner software

Experience with Oasis software

Requisition Number: 2026065SP

Number of Vacancies: 1

Anticipated Hire Date: ASAP

Job Close Date: 05/27/2026

Open Until Filled: No

Quicklink for Posting:

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