Associate Director for Capital Accounting

William and Mary, United States

Updated: 12 days ago
Location: Williamsburg, VIRGINIA
Job Type: FullTime
Deadline: 27 May 2024

Position Information
Position Information


Position Number 00010W
Position Title Associate Director for Capital Accounting
Employment Category Full Time Operational
Location William & Mary
Department 981000 Business Affairs
Unit Mission Statement
The mission of Business Affairs is to support W&M as a leader among liberal arts and science universities by providing excellent service that is efficient, inclusive, transparent, and accountable. In delivering service, Business Affairs maintains a focus on collaboration, continuous improvement, best-in-class technology, and the strategic and sustainable use of university resources while maintaining compliance with attention to corporate social responsibility both within the institution and among its suppliers.
The Finance and Operational Analytics Team is an integral element of the Business Services and Organizational Excellence team and serves to create, maintain, and continuously improve the William & Mary physical environment to enable excellence in teaching, research, and public service.
Position Summary
The Associate Director for Capital Accounting oversees and manages project budgets, financial reporting, reconciliations, and analysis of the Capital Outlay program as a primary responsibility. Reporting to the Director of Fiscal Operations, the Associate Director also directs transactional operations, internal controls, regulatory compliance, and endowment accounting.
In collaboration with the Director, the Associate Director manages Facilities Management fiscal operations to align with the Business Affairs Mission and relevant regulations. They are responsible for providing guidance and timely financial reports to various stakeholders, including campus senior leaders such as the Executive Vice President, Associate Vice President for Business Affairs, Assistant Vice President of Finance & Operational Analytics, and Internal Audit.
This position assists in managing day-to-day business operations related to Facilities Management and Business Affairs, ensuring compliance with University, State, and Federal regulations, and donor intent; while continuously assessing efficiency and industry best practices. They maintain credibility through excellent customer relationship skills amidst transaction scrutiny and are responsible for $500+ million in project budgets and execution of Capital Accounting. The Associate Director also oversees the Financial Project Controls Analyst.
Conditions of Employment
  • Work is performed with considerable latitude and independence. The incumbent is expected to exercise initiative in anticipating financial and budgetary issues, identify potential solutions and prioritize workload to accomplish the assigned tasks in time to meet suspense dates.
  • This position is exempt from overtime and may be required to work additional hours beyond the typical work week as needed to meet the business needs of the operation.
  • This position has been designated as essential to the operation of the department and will require reporting to work when the University is officially closed and is subject to additional hours and may be required to work evenings, weekends, and holidays.
Essential Designation Yes
FLSA Exempt
Position Restricted? No, this is a continuing E&G funded position and not term-limited
Position Term 12 month - Continuing
Position Months Faculty or Staff: 12 month
Required Qualifications
  • Bachelor’s degree in accounting, business, or finance or an equivalent combination of education, training, and/or experience.
  • Extensive, progressive experience in financial management.
  • Experience with Capital Outlay financial reporting, and budget development.
  • In-depth knowledge of Generally Accepted Accounting Principles (GAAP).
  • Comprehensive experience with administrative enterprise systems. (ERP)
  • Problem-solving skills, excellent communication, and the ability to manage multiple projects with competing deadlines.
Preferred Qualifications
  • Managerial/supervisory experience including personnel management.
  • Advanced degree in a related field, and/or certification or licensure in a financial field (CPA, CMA).
  • Experience in Banner enterprise system including specific experience in areas of position responsibility.
  • Knowledge of the Commonwealth of Virginia’s business processes and systems.
  • Experience in Higher Education or in governmental organizations.
Is the position remote work eligible? Not eligible
Remote Work Disclaimer
Remote work eligibility is not guaranteed and is subject to approval. Employee eligibility depends on the likelihood of the employee succeeding in a remote work arrangement and the supervisor’s ability to manage remote workers. Departments and/or Human Resources may amend, alter, change, delete, or modify eligibility.
Advertised Pay Range up to $74,000, commensurate with experience
Advertised Pay Range Statement
University Salary Range U11
Benefits Summary Statement
William & Mary offers our employees a full array of benefits including retirement, health insurance with options for expanded dental and vision along with group and optional life insurance with coverage for spouse and children, flexible spending accounts, and an EAP (Employee Assistance Program).
Our employees enjoy additional university benefits such as educational assistance, professional development, wellness benefits, and a robust holiday schedule. All employees have access to fitness facilities on campus. Staff members also have access to the university libraries, and much more. To learn more, go to: https://www.wm.edu/offices/uhr/benefits/index.php?type=none
Job Open Date 05/03/2024
Review Begin Date
Job Close Date 05/27/2024
Open Until Filled No
Special Application Instructions
We will not sponsor applicants for work visas for this vacancy.
Background Check Statement
William & Mary is committed to providing a safe campus community. W&M conducts background investigations for applicants being considered for employment. Background investigations include reference checks, a criminal history record check, and when appropriate, a financial (credit) report or driving history check.
EEO Statement
William & Mary values diversity and invites applications from underrepresented groups who will enrich the research, teaching and service missions of the university. The university is an Equal Opportunity/Affirmative Action employer and encourages applications from women, minorities, protected veterans, and individuals with disabilities.

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