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Director of Finance, Controller, Texas Institute for Electronics

UNIVERSITY OF TEXAS AT AUSTIN

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At a glance

Compensation
No compensation found
Location
Austin, TX
Work Authorization
Not specified

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Job overview

The Director of Finance and Controller serves as the Texas Institute for Electronics’ primary liaison to central university offices and oversees financial controls, accounting records, reconciliations, reporting, and account structures. The role supports budgeting and organizational decision-making, monitors financial commitments and balances, and improves finance systems and processes to strengthen reporting and operational effectiveness.

Skills & qualifications

RequiredNice to have

Skills

Internal Financial ControlsAccountingAccount ReconciliationFinancial ReportingBudgetingFinancial AnalysisAccounting SystemsProcess Improvement

Full job description

Serves as the organizations primary point of contact and liaison to central university offices such as the Office of Accounting and Internal Audits and, accordingly, creates and monitors internal financial controls to safeguard financial assets and ensure compliance with UT processes, policies, and procedures, state and federally sponsored programs guidelines, and both state and federal law.Maintains accounting records for all TIE accounts. Tracks financial and non-financial commitments. Conducts required monthly reconciliations; monitors discrepancies with account balances, reviews accounts for overages or deficits, insufficient funds, incorrect object codes, etc.; and processes corrections as needed.Responsible for financial and regulatory reporting, including the development and creation of financial and budgetary reports; reviews, analyzes, interprets, and explains financial and budgetary reports and results; and provides senior management with financial information, variance explanations, and financial narratives necessary to control firm operations.Oversees the development of financial accounting systems required to maintain reporting requirements and identifies and implements system and process improvements to increase the effectiveness and efficiency of finance processes and decision-making.Oversees account structure including unit codes, subunit codes, and accounts, to ensure financial information is captured in a way to enable analysis and supplemental financial reporting and to ensure accounts are requested and inactivated in a timely manner to track and report spending. Monitors and reports on account balances and processes funding transfers.Participates in the development of the organizations budget and ensures financial activity aligns with the budget.Works closely with the VP of Finance to help inform organizational decision-making.

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