The Office of the University Controller (UCO) provides leadership and guidance for financial compliance, systems, and services at Indiana University. We strive to be a leader in higher education by embracing financial best practices, continuous improvement and by creating a culture of respect, integrity, and collaboration. As an organization, we value knowledge and diversity in our people, thoughts, and ideas. While our department serves all 7 IU campuses, we are physically located on the Bloomington Campus.
Job Summary
The Manager, Federal Cost Accountant provides leadership for the development and oversight of cost compliance and cost policy, including the preparation of Indiana University's institutional Facilities and Administration (F&A) rate proposal.
Department-Specific Responsibilities
Prepares the annual F&A rate using MAXIMUS' Comprehensive Rate Information System (CRIS).
Analyzes updated CRIS model to identify trends or issues that may have a material impact on either the F&A rate calculation or IPEDS reporting.
Continuously analyzes and reviews university records and processes to assure compliance with applicable federal regulations related to F&A proposals.
Works with the university's consultant to develop the federal F&A rate submission for negotiation. Provides support for the submission and negotiation with all applicable data, requests for information and required workpapers.
Provides ongoing data and analysis to Controller's Office leadership regarding the institutional impact of potential changes to the F&A rate.
Updates the space inventory and coordinates completion of the room function survey using WebSpace.
Researches new/existing federal cost regulations to create/update research memos to document impact on the university.
Recommends updates as needed to policies and standard operating procedures for Cost Accounting.
Provides guidance to Recharge Accounting, recharge centers, and Office of Research Administration for compliance with applicable federal regulations and any related potential impact on the university's F&A rate.
Calculates the annual blended fringe benefit rates for the university.
Allocates applicable credits to grants and recharge centers.
Calculates the amount of compensation of IU employees spent on lobbying activities for the quarterly Lobbying Report.
Works on projects related to maximizing the F&A rate and maintaining compliance with Uniform Guidance.
General Responsibilities
Applies Generally Accepted Accounting Principles (GAAP).
Performs highly complex accounting assignments requiring advanced professional experience, knowledge, and competency in GAAP.
Develops and recommends complex accounting systems, methods, procedures, and controls to safeguard the organization's assets.
Prepares, reviews, and provides interpretation of highly complex reports and analyses for manager and officers.
Implements recommendations for improved operations.
Oversees specialized accounting assignments including the preparation, analysis, and reporting of accounting transactions to ensure the integrity of accounting records for completeness, accuracy, and compliance with all relevant regulations, laws, and reporting requirements.
Provides guidance to lower-level accounting employees.
Qualifications
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.
EDUCATION
Required
Bachelor's degree in accounting or a related field
WORK EXPERIENCE
Required
8 years of relevant experience
3 years of experience using Comprehensive Rate Information System (CRIS)
LICENSES AND CERTIFICATES
Preferred
Certified Public Accountant (CPA) license or license eligible
SKILLS
Required
Proficient communication skills
Maintains a high degree of professionalism
Demonstrated time management and priority setting skills
Demonstrates a high commitment to quality
Possesses flexibility to work in a fast paced, dynamic environment
Seeks to acquire knowledge in area of specialty
Highly thorough and dependable
Demonstrates a high level of accuracy, even under pressure
Possesses a high degree of initiative
Ability to influence internal and/or external constituents
Excellent collaboration and team building skills
Demonstrates excellent judgment and decision making skills
Demonstrated project management skills
Analytical ability and a high level of numerical competence
Proficiency in IT and advanced skill in using Excel to produce financial reports
Ability to reconcile financial ledgers and process accounts payable/receivable
Organizational skills and ability to manage deadlines
High level of attention to detail and accuracy. Ability to communicate effectively
Working Conditions / Demands
This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.
Work Location
Bloomington, Indiana
This position is eligible for remote work or to work a hybrid schedule (mix between remote and in-person work), subject to change in the future based on university policy and business needs.
Advertised Salary
$92,000 - $95,000 per year based upon qualifications
Benefits Overview
For full-time staff employees, Indiana University offers a wide array of benefits including:
Multiple plan options for medical insurance
Dental insurance
Health Savings Account with generous IU contribution
Life insurance, LTD, and AD&D options
Base retirement plan contribution from IU, subject to vesting
Additional supplemental retirement plan options
Tuition benefit for IU classes
10 paid holidays per year
Generous Paid Time Off
Paid Parental Leave
Employee Assistance Program (EAP)
Learn more about our benefits by reviewing our online Benefits Brochure.
Job Classification
Career Level: Expert
FLSA: Exempt
Job Function: Finance
Job Family: Accounting & Tax
Click here to learn more about Indiana University's Job Framework.
Posting Disclaimer
This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.
If you wish to include a cover letter, you may include it with your resume when uploading attachments.
Equal Employment Opportunity
Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment based on individual qualifications. Indiana University prohibits discrimination based on age, ethnicity, color, race, religion, sex, sexual orientation, gender identity or expression, genetic information, marital status, national origin, disability status or protected veteran status. Indiana University does not discriminate on the basis of sex in its educational programs and activities, including employment and admission, as required by Title IX. Questions or complaints regarding Title IX may be referred to the U.S. Department of Education Office for Civil Rights or the university Title IX Coordinator. See Indiana University's Notice of Non-Discrimination here which includes contact information.
Campus Safety and Security
The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online. You may also request a physical copy by emailing IU Public Safety at iups@iu.edu or by visiting IUPD.
