For UCOP internal applicants, please login to the internal candidate gateway at:Jobs at UCOP
UC OFFICE OF THE PRESIDENT
At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.
The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, five medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President
Corporate Accounting is responsible for UC financial accounting policy and the consolidated financial reporting under generally accepted accounting principles for campuses, medical centers, University of California Retirement System and foundations. This unit maintains the Corporate Financial Reporting (CFR) system and coordinates the systemwide annual fiscal close and external audit. In addition, Corporate Accounting is responsible for UC debt accounting, reporting and administration and provides technical accounting guidance on unusual/nonrecurring transactions.
Corporate Accounting is responsible for monitoring and administration of over $60 billion in capital assets and $25 billion in debt that supports the mission of the University. The Capital Assets and Debt Supervisor in Corporate Accounting is a key member of the team as a recognized subject matter expert who functions in the following areas:
- Develops accounting and reporting policy and procedures in response to Governmental Accounting Standards Board (GASB) and other external and internal requirements.
- Establishes accounting procedures for capital assets and debt for the entire University of California system.
- Oversee the debt and capital assets reporting for the entire University, including the annual financial report, and State of California reporting requirements. This includes coordinating the process to calculate the University's depreciation expense on the following assets held by the University of California: buildings and leasehold improvements, infrastructure, general improvements, intangible assets, equipment, library materials and software.
- Provide specialized accounting assistance and coordination to campuses on capital assets and debt related accounting issues.
- Supervise the accounting and reporting for commercial paper and bond-financed construction projects.
- Oversee debt service payments and trustee statement reconciliations for the University's debt portfolio.
- Analyzes the bond and derivative terms and provide accounting instructions necessary to record the transactions to campuses and medical centers.
- Lead projects with systemwide impact that include formulating strategies and administering policies, processes and resources.
- Participates in the development, implementation, testing and maintenance of the debt management information system, consolidated corporate financial reporting system, and systemwide asset depreciation system
Directs and monitors staff to complete assignments using established guidelines, procedures and standards related to the University's capital assets and debt portfolio. This includes overseeing debt service payments to trustees and trustee statement reconciliations for the University's debt portfolio. The incumbent is responsible with accounting and reporting of a complex system for the debt service payments process and recharge to campuses, Office of the President construction loan and construction expenditures, and commercial paper and bond-financed construction projects. Oversee the debt and capital assets reporting for the entire University, including the annual financial report, and State of California reporting requirements. The incumbent also coordinates the process to calculate the University's depreciation expense on the following assets held by the University of California: buildings and leasehold improvements, infrastructure, general improvements, intangible assets, equipment, library materials and software.
Establishes accounting procedures for capital assets and debt for the entire University of California system. Acts as an advisor to campuses, medical centers, Capital Assets Strategies and Finance, Budget and others and become actively involved, as required, to meet schedules and resolve problems. This includes interpreting, implementing and establishing procedures necessary for the release of funds process for plant construction and physical assets, bond issuance and retirements to ensure compliance with University and external requirements. Provides specialized accounting assistance and coordination to campuses and Capital Assets Strategies and Finance on capital assets and debt related accounting issues. Analyzes the bond and derivative terms and provide comprehensive accounting instructions and other information necessary to record and track the transactions on a project level to campuses and medical centers.
Develops accounting and reporting policy and procedures in response to Governmental Accounting Standards Board (GASB) as well as other external and internal requirements. Ensures the accurate compilation, analysis and reporting of accounting data. Provides technical accounting guidance on unusual/nonrecurring transactions.
Participates in the development, implementation, testing and maintenance of the debt management information system, consolidated corporate financial reporting system, and systemwide asset depreciation system.
Participates in annual financial statement audits, bond fund audits and special projects.
Expert level accounting knowledge of accounting theory, methods and techniques including generally accepted accounting principles and Governmental Accounting Standards Board requirements. , financial transactions and financial systems, as well as related policy, accounting and regulatory compliance requirements.
Must be proficient in use of Microsoft Office and common desktop/web applications.
Strong inter-personal skills, service orientation, ability to multi-task effectively in a varied, high volume environment, judgment and decision-making, reasoning, ability to develop original ideas to solve problems, and effective verbal and written communication skills.
Demonstrated ability to research and assess data, identify problems, generate alternatives and recommend the appropriate course of action.
Must be able to communicate complex information to management and others in a clear and concise manner both written and verbal. Excellent written communication skills as demonstrated by the ability to draft accounting memos, business correspondence, policies, procedures and report. Demonstrate ability to effectively tactfully deal with diverse people, situations and ideas.
Management / supervisory experience that demonstrates the ability to manage and motivate staff in an environment with concurrent tasks, changing priorities and resources.
Working knowledge of fund or University accounting or the demonstrated ability to acquire and apply knowledge of institutional accounting practices within a short period of time.
Demonstrated ability to utilize work and project plans to coordinate and meet organizational deadlines, schedules and reporting.
Experience in Oracle Cloud Financials and other Oracle Cloud - Enterprise Performance Management solutions
Experience in LeaseAccelerator and EZ-Lease
Bachelor's degree or higher in accounting, finance or related area and six or more years of progressively responsible experience in accounting and financial analysis
Certified Public Accountant
SALARY AND BENEFITS
Salary: Commensurate with education and experience.
Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging
HOW TO APPLY
Please be prepared to attach a cover letter and resume with your application.
APPLICATION REVIEW DATE
The first review date for this job is November 4, 2020. The position will be open until filled.
Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy
The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy
The University of California, Office of the President, strives to make this job board accessible to any and all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at: Accessibility or email the Human Resource Department at: [email protected].
About University of California Office of the President
The Office of the President is the systemwide headquarters of the University of California, managing its fiscal and business operations and supporting the academic and research missions across its campuses, labs and medical centers.