Manager, GAAP and Tax (MPP II) (62998)

  • Pomona
  • Pomona, California
  • Jun 06, 2020
Full Time Accounting and Finance

Job Description

The GAAP and Tax unit is responsible for all GAAP, Tax and related activities of the University. Such activities include, but are not limited to audits, tax filings, internal controls, and reporting of the Audited Financial Statements of the University. The GAAP and Tax unit works closely with the General Accounting, Accounts Payable and Student Accounting and Cashiering Services areas; and interfaces with other campus administrative operations, such as the Budget Office, Procurement and Support Services and the Enterprise Applications department.

The Manager, GAAP and Tax will serve as point manager for external auditors, campus auxiliaries, and the Chancellor's Office on external audit engagements to plan, manage, and direct the external audit of the University financial statements. Coordinate and assist with external audit firm inquiries and requests, State auditors, and any internal/CSU related financial audit processes. Prepare and maintain GAAP financial statements in the correct GASB reporting model format for the CSU, review for consistency, accuracy, and comparability. Implement all relevant accounting pronouncements derived from GAAP, GASB, and FASB. Provide auditors with the campus reporting package, financial statement variance analysis, audit schedules and audit documentation. Complete audit package prior to the beginning of field work; including the preparation of working papers to convert Legal basis data into GAAP accrual basis. Analyze and prepare journal entries to record financial data; including faculty accruals, compensated absences, prepaid expenses, library collections, capitalized leases, inventories, reclassification of fund balance clearing accounts, CWIP, capitalization of CWIP, self-insurance claims liability, campus originated long-term debt obligations, and various expenditure accruals. Record a variety of year-end pass down entries from the Chancellor's Office pertaining to long-term debt obligations and pension liabilities.

Plan and ensure that the PeopleSoft accounting system is in compliance with legally mandated accounting and FIRMS requirements, GAAP and GASB standards. Oversee the reconciliation of the PeopleSoft finance system and reports pertaining to asset management, transfers, and capital expenditures on a monthly and annual basis. Monitor and coordinate with various departments regarding resolutions and follow-up for abnormal balances and various documents required to complete the audit package. Develop and implement methods and work procedures to ensure proper accounting classification and reporting of financial data for Legal, FIRMS, GAAP basis of accounting and GASB standards.

Oversee the University's capital asset infrastructure reporting and depreciation requirements in accordance with the CSU Capital Asset Guide in collaboration with Procurement and Support Services. Review the recording of non-equipment related transactions into the Asset Management module, including the tracking of CWIP and donated asset/gift-in-kind activity. Recommend and implement changes and new procedures to facilitate fixed asset capitalization, reconciliation, depreciation and year-end fixed asset reporting requirements. Review monthly journal entries on fixed asset capitalization; including donated assets and gifts-in-kind. Oversee the preparation of the necessary audit documentation and schedules to support current year capital asset activity including donated assets and gifts-in-kind.

Oversee the University's tax compliance with respect to nonresident aliens (NRA); which primarily include foreign national students and scholars. Determine tax status of NRA students and scholars, determine appropriate tax treaty benefits, and ensure proper withholding and reporting

Oversee the University's compliance with all other tax requirements; including, but not limited to, Form 1098-T review in collaboration with Student Accounting and Cashiering, preparation of Unrelated Business Income Tax (UBIT) data to the Chancellor's Office for system-wide reporting, preparation of Form 1042-S for payments made to foreign nationals, possessory interest reporting and taxability of moving and relocation. Review California Dept of Tax and Fee Admin Sales and Use Tax returns and Diesel Tax returns for accuracy. In conjunction with filing the required returns, serve as liaison between the University and Federal and State agencies and resolve issues and answer questions regarding tax regulations.

Communicate and advise appropriate members of the campus community regarding tax law and aid in the preparation and presentation of training sessions on a regular basis. Attend continuing professional education to remain current on new tax laws and issues, and research as appropriate to determine tax liability to the University. Act as a liaison with all external agencies, including the Chancellor's Office and State Controller regarding to tax related issues.

Review and make appropriate changes to the University Tax Manual. Coordinate system design regarding tax recording and reporting to ensure compliance. Responsible for ensuring compliance with federal and state tax rules and regulations, including the review of current federal and state tax issues, new laws and regulations, and current best business practices.

Aid in the continual monitoring of the PeopleSoft finance system to ensure conformity with Legal, FIRMS, GAAP and GASB requirements. Assist in the design, development, update and maintenance of all applicable procedure manuals, including any campus level desk procedures manuals. Perform other duties and responsibilities as assigned by the Director and Controller of University Accounting Services and/or by the Associate Vice President of Finance and Administrative Services to meet the operational needs of University Accounting Services and the University; which may entail research, documentation of department and university procedures to ensure proper internal controls are in place, additional account analysis and reconciliations, implementation of various systems to enhance the effectiveness and efficiency of department operations, draft and facilitate campus-wide training over various subjects maintained by University Accounting Services and aid in the update of the department website.

Bachelor's degree from an accredited university with a major in accounting, business administration, finance or closely related field and a minimum of four (4) years of professional accounting or audit experience required; including at least one year of experience in a supervisory role. Extensive knowledge of public accounting industry standards, Legal, FIRMS, GAAP and GASB standards and basis of accounting. PeopleSoft report writing and demonstrated ability to use Microsoft Office programs. Strong analytical and interpretive skills for GAAP financial statement preparation and reporting; including the ability to recognize and anticipate audit issues before they are articulated by external audit firm or others involved in the audit process. Must possess strong problem solving, analytical, organizational and communication skills; with experience in financial analysis and reporting in a higher education environment.

Experience in financial analysis and reporting in a FASB/GASB higher education environment; university/non-profit setting using PeopleSoft applications; MBA or CPA is preferred. Experience in financial statement preparation/consolidation, financial reporting and analysis and applying GASB standards for higher education is preferred. Experience in audits for a FASB higher education institution preferred.

Salary is competitive and includes a comprehensive benefits package. Salary is competitive and commensurate with qualifications and experience. This is a Management Personnel Plan Level II position with an attractive benefits package, which includes a vacation accrual rate of 16 hours per month, an excellent choice of medical, dental, and vision insurance, long term disability coverage, life insurance and retirement benefits.

Review of complete applications will begin June 19, 2020 and will continue until the position is filled. For application information and materials, visit our website at and refer to Job # (62998). All candidates must submit: (1) a formal University application (2) a letter of interest which explains in detail and, where possible, provides examples of how the candidate meets the qualifications specified in this announcement; (3) a current résumé or curriculum vitae; and (4) the names, titles, addresses and telephone numbers of three references who can provide assessments of the applicant's professional experience, accomplishments and prospect for success in this position.

A background check must satisfactorily be completed before a candidate can be offered this position. Failure to satisfactorily complete the background check may affect the application status of applicants or continued employment of current CSU employees who apply for this position. The background check consists of the following: Employment verification, education verification, reference checks, and checks of the following systems and databases: National Social Security Number/Address Locator, Felony/Misdemeanor, National Criminal Database, Federal Criminal, Department of Motor Vehicles, and National Sex Offender Registry.

Cal Poly Pomona hires only individuals lawfully authorized to work in the United States. In compliance with state and federal crime awareness and campus security legislation, including The Jeanne Clery Disclosure of Campus Security Policy and Crime Statistics Act, California Education Code section 67380, and the Higher Education Opportunity Act (HEOA), the Cal Poly Pomona Annual Security and Fire Safety Report is available at:

Cal Poly Pomona is a smoke and tobacco-free campus. Please refer to the link below for policy information.

The person holding this position is considered a 'limited reporter' under the California Child Abuse and Neglect Reporting Act and is required to comply with the requirements set forth in CSU Executive Order 1083 as a condition of employment.

Cal Poly Pomona is an Equal Opportunity, Affirmative Action Employer. The university subscribes to all state and federal regulations and prohibits discrimination based on race, color, religion, national origin, sex, gender identity/gender expression, sexual orientation, marital status, pregnancy, age, disability, genetic information, medical condition, and covered veteran status.

Closing Date/Time: Open until filled

Job Address

Pomona, California 91768 United States View Map