Job Description
PLEASE NOTE:

• This position can be 100% remote
• Client required Health system/hospital experience

EXECUTIVE SUMMARY:

The Director of Financial Accounting serves as a core operational and strategic leader with the Client in Virginia. This role is responsible for driving the day-to-day management of organization's financial accounting, month-end and year-end close processes, financial statement preparation, and internal controls.

Acting as leader, the Director oversees accounting staff, solutions complex technical accounting matters under, and ensures compliance across complex state, federal, and tax regulations (including Unrelated Business Income Tax / UBIT). This individual will liaise extensively with internal leadership, governing boards, external auditors, and government regulatory agencies.

KEY RESPONSIBILITIES:

1. Operational & People Leadership

• Direct, lead, and mentor a high-performingteam of accounting professionals.
• Establish clear operational performancemetrics, cross-training initiatives, and succession plans to build aculture of continuous improvement, accountability, and inclusion.
• Oversee workflow management, taskdelegation, and staff development within central accounting operations.

2. Financial Close & Technical Accounting

• Oversee month-end, quarter-end, and year-endfinancial close activities, including journal entries, ledgerreconciliations, and variance analysis.
• Lead technical accounting research andsolutioning for complex, evolving public sector standards (specificallyGASB and U.S. GAAP).
• Supervise the preparation of annualaccrual-based financial statements, Management's Discussion & Analysis(MD&A), and footnote disclosures.

3. Internal Controls & Risk Management

• Design, implement, and maintain a robustinternal control framework to safeguard organization's assets, reducefinancial reporting risk, and ensure fiscal integrity.
• Maintain and continuously refine theuniversity's Risk Control Matrix (RCM) and financial policies.

4. Tax, Government Agencies, & Executive Liaison

• Oversee compliance with state and federalfinancial regulations, including Code of Virginia directives. reportingmandates.
• Lead tax compliance processes, includingUnrelated Business Income Tax (UBIT) data collection, analysis, andreporting.
• Serve as a primary operational liaison toexternal auditors, Commonwealth of Virginia audit agencies (e.g., Auditorof Public Accounts / APA), and federal oversight bodies.
• Prepare and deliver financial analysis,reports, and strategic recommendations to Leadership, Vice Presidents, andBoard Members.

5. Systems & Solutioning

• Evaluate, refine, and optimize corefinancial accounting processes, workflows, and system solutions.
• Drive chart of accounts maintenance andmaximize the use of enterprise ERPs and reporting tools (specifically OraclePeopleSoft Financials, Workday Financials, Adaptive/Anaplan, andQlik/UBI).

6. Process Engineering, Policy Drafting & Defect Reduction

SOP Development & Policy Writing:

Demonstrated ability to author, standardize, and enforce comprehensive Standard Operating Procedures (SOPs), desk manuals, and university-wide financial policies that ensure compliance and internal control rigor.

Continuous Process Improvement (CPI):

Proven track record of evaluating end-to-end accounting workflows to eliminate redundant steps, reduce cycle times (especially around month-end and year-end closes), and drive operational efficiency.

7. Procurement Integration & Public Purchasing Governance

Procure-to-Pay (P2P) Alignment:

Good understanding of the end-to-end Procure-to-Pay lifecycle, ensuring seamless alignment between financial accounting, accounts payable, purchasing, and vendor management teams.

Procurement Compliance & Policy:

Familiarity with public sector and higher education procurement regulations-specifically the Virginia Public Procurement Act (VPPA), Commonwealth of Virginia purchasing directives (eVA portal), and federal grant procurement guidelines (OMB Uniform Guidance).

Requirements

QUALIFICATIONS & REQUIREMENTS

Must-Have Qualifications (Required)

• Education: Bachelor's degree inAccounting, Finance, or a closely related business discipline.
• Experience: Minimum 5+ years of financial accounting/leadership experience specificallywithin a health system, hospital, or academic medical centerenvironment.
  Leadership Experience: Minimum of 3-5 years of direct supervisory/peoplemanagement experience leading accounting teams.
• Hands-on operational experience with OraclePeopleSoft Financials.
  Technical Knowledge:
• Deep expertise in U.S. GAAP and/or GASB (Governmental Accounting Standards Board) frameworks.
• Demonstrated command over financialclose cycles, complex ledger reconciliations, and internal controlframeworks.
• Proven experience with taxcompliance matters relevant to non-profit or public institutions (e.g.,UBIT).
  Communication & Interpersonal Skills: Exceptional leadership and interpersonal skills, with a trackrecord of building consensus with executive leadership, governmentauditors, and non-financial stakeholders.
• ERP today is People software

Good-to-Have Qualifications (Preferred)

• Master's degree in Accounting (MAcc), Masterof Business Administration (MBA), or Master of Science in Finance.
• Practical familiarity with modern enterpriseplatforms, such as Workday Financials, Adaptive Planning, orQlik/Power BI reporting platforms.
• Big 4 or public accounting audit/advisoryexperience.
• Good functional knowledge of PeopleSoft ERP

Required Certifications & Licensures

Highly Preferred

• CPA (Certified Public Accountant): Active Virginia CPA license (or reciprocal license fromanother U.S. jurisdiction with the capability to obtain Virginialicensure). This is the single most critical industry certification forthis role in Virginia.

Good-to-Have Certifications

• CMA (Certified Management Accountant)
• CGFM (Certified Government Financial Manager) - Highly respected inCommonwealth of Virginia agency roles.
• CGAP (Certified Government Auditing Professional)
• CIA (Certified Internal Auditor)