The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Pennâ™s distinctive interdisciplinary approach to scholarship and learning.
Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.
The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.
Posted Job Title
University Comptroller - Division of Finance
Job Profile Title
Job Description Summary
Reporting to the Vice President for Finance and Treasurer, the University Comptroller is the Chief Accounting Officer for the University and is responsible for engaging and collaborating with constituents across the University. This collaboration is essential to the position to ensure the Universityâ™s financial policies, procedures, operations, and practices are appropriate, effective, and efficient in a highly decentralized environment. The position requires strong leadership, high integrity, a deep understanding of accounting standards and tax regulations, and the ability to represent the institution on many levels and on multiple project teams. The University Comptroller plays a critical role in establishing systems and best practices that support the Universityâ™s education and research mission while also ensuring compliance with local, state, federal, and international regulations.
Division of Finance Mission
To provide world-class service to unleash the vast capabilities of our students to learn and our faculty to research so they can change the world.
Ensure an appropriate system of internal controls, including accounting policies, procedures, and practices to safeguard assets and ensure accurate and timely reporting of accounting activity in compliance with Generally Accepted Accounting Principles (GAAP).
Proactively monitor and favorably influence changes in rules, regulations, and standards impacting higher education. The University Comptroller must be well-informed on accounting rules, aware of upcoming trends, and be an active participant in networks of colleagues in peer institutions.
Support the Vice President for Finance and Treasurer by carrying out special projects and by providing tactical and strategic advice. The University Comptroller will be a leader within the Division of Finance and will be expected to provide rigorous analyses informing a range of executive decisions.
Ensure proper planning and implementation of the monthly, quarterly, and annual GAAP financial close process for all schools, resource & administrative centers, central finance functions, University subsidiaries, and the University of Pennsylvania Health System (Health System) and its subsidiaries with annual revenues surpassing $11 billion.
Ensure timely distribution of the University's financial statements and other financial support to internal and external users, including the Board of Trustees and senior management.
Enhance communication and collaboration across the University community.Work with a wide range of stakeholders involved in financial transactions, and effectively communicate information about accounting policies, procedures, and best practices.
Provide oversight to ensure the University's compliance with federal, state, local, and international tax compliance.
Provide support to recently created Global Operations and Support Council to help establish processes for supporting departments in international endeavors.
Oversee and coordinate the effective delivery of accounting and disbursement services to the University community.
A bachelor's degree in accounting, business, or related field combined with the successful completion of a certified public accountant status or an equivalent designation is required. Completion of an advanced degree is preferred. The successful candidate will have an in-depth knowledge of GAAP, Financial Accounting Standards Board (FASB), American Institute of Certified Public Accountants (AICPA), and federal compliance requirements, with a proven track record of working across an institution to solve problems and advance the institutionâ™s goals.Â At least ten years of increased financial/administrative responsibilities at a major research University is highly desirable.Â
Specific qualifications include:
Intellectually inquisitive: Knowledgeable about, and open to, leading-edge changes in business practices that could support the University in a more cost effective and efficient manner.
Strong manager: Able to recruit, develop, motivate, and manage professional staff and hold staff accountable for accurate, timely results, and excellent customer service. Experience setting a tone and expectation of excellence, continual improvement, and strong customer service to the institution and to external parties.
Effective communicator: Able to communicate effectively, both orally and in writing, at all levels of the organization including Senior Management and the Board of Trustees. A sophisticated understanding of how best to communicate policy and procedures in a consistent and clear manner across the University.
Effective implementer: Experience managing and advancing projects in a manner that ensures input and feedback from stakeholders, demonstrates strong listening and influencing skills, and ensures timely milestone based project management. Able to cultivate trust and credibility with colleagues.
Wellâ“organized: Able to ensure all deliverables are met on time with excellent results, anticipating potential implementation or workload issues.
Exceptional personal qualities: A reputation for integrity and the highest ethical standards; sound judgment and enthusiasm; creativity in solving problems; collegial style; and a keen desire to be an integral part of University leadership.
Job Location - City, State
Department / School
General University Special
$214,088.00 - $342,541.00
Affirmative Action Statement Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
Special Requirements Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.
Internal Number: JR00015378
About University of Pennsylvania
Penn has a long and proud tradition of intellectual rigor and pursuit of innovative knowledge, begun by Benjamin Franklin in 1740. That tradition lives today through the creativity, entrepreneurship, and engagement of our faculty, students, and staff. Academic life at Penn is unparalleled, with an undergraduate student body of 10,000 from every U.S. state and around the world. The entering class of 2015 is the most talented and diverse in Penn's history. Consistently ranked among the top 10 universities in the country, Penn welcomes an additional 10,000 students to our top-ranked graduate and professional schools.