Under the direction of the Assistant Vice President, Accounting and Financial Reporting, the Executive Director, Financial Analysis is responsible for monitoring, reviewing and reporting on the College’s financial activities for both internal and external stakeholders. The position also works closely with the campuses to identify tax issues and reports to the IRS on the appropriate forms.
Serves as the primary lead for preparation of IRS Forms 1099-MISC, 1098-C, 1042-S, and 990-T.
In collaboration with the Assistant Vice President of Accounting and Financial Reporting and the College’s external tax advisory firm, responds to tax questions from campus finance staff.
Serves as primary lead in preparation of annual financial report, including preparation of year-end journal entries, statements, and related notes.
Assists in responding to inquiries from both internal and external auditors.
Completes financial reporting sections of external reports, including annual HLC update, IPEDS, National Community College Benchmarking Project and NACUBO.
Prepares internal financial reports, including self-insurance fund projections, carryforward reconciliation, assisting in preparation of the bi-monthly Treasurer’s report for the State Board of Trustees, and other reports as requested.
Monitors general ledger transactions and balances and in conjunction with campus finance staff, resolves discrepancies.
Monitors compliance with Governmental Accounting Standards Board (GASB) statements and College policies in the classification, recording, and reporting of financial information.
Reviews recently issued GASB pronouncements and implementation guidelines to determine financial impact to the College, if any, and recommends new or revisions to existing College policies and procedures to ensure compliance.
In collaboration with campus finance offices, makes recommendations for additions, revisions, and updates to the College’s Financial Management Manual (FMM).
Other duties logically associated with this position may apply.
Bachelor's Degree in Business Administration, Finance, Accounting or a related field is required.
Three or more years of experience in accounting or tax is required.
Ability to work effectively with internal and external constituents is necessary.
Excellent communication (oral & written), planning, problem-solving, organizational, project management and customer service required.
Must have ability to interpret Government Accounting Standards Board (GASB) pronouncements, implementation guides and related documents.
Ability to analyze, interpret and implement College policy and procedures is required
Must consistently exercise independent judgement and discretion in matters of significance.
Must demonstrate ability to promote an inclusive environment that reflects the broad diversity and backgrounds represented by our students and employees and which every individual feels respected and valued.
Internal Number: 505759
About Ivy Tech Community College
Ivy Tech is the largest singly accredited community college system in the nation serving the entire state of Indiana with 32 degree granting locations throughout the state, and classes held in more than 75 communities. Make Ivy Tech your calling! Ivy Tech offers a career that makes a difference in the community. We offer full-time and part-time opportunities based upon your interests and needs including competitive core benefits, generous time off, range of voluntary benefits, educational support, professional & leadership development opportunities, opportunities to give back through the Ivy Tech Foundation and United Way, and opportunities to impact the Indiana workforce.