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Penn State Job Catalog

Accounting Manager – Senior Manager (PSU0536)

Additional Levels

Additional levels that exist for this job profile can be seen below.

Job Strings

The defined natural career progression within or between job profiles.

Accounting



Job Summary

The Accounting Manager oversees, manages and/or supervises the operation of assigned areas involved with various accounting functions; maintains and monitors effective internal controls to ensure accurate financial information, safeguards University assets, and complies with regulations, accounting standards, and University policy; develops and implements strategic planning consistent with the University’s mission and strategic plan; approves, develops, and/or implements methods, procedures, controls, systems, and standards for efficient, effective, timely and accurate operations; conducts general analysis and recommends and implements policy and procedures to improve related accounting and administrative functions; performs a variety of complex accounting functions.

Representative Duties

  • Direct the analysis of accounting and financial records and interpret the results
  • Develop, initiate and/or recommend action plans based on analysis
  • Assess the level of risk in the operation under audit
  • Prepare analysis on the effects of law changes, as well as appropriate University response
  • Prepare and implement policies, practices and procedures for the entire University and subsidiary corporations; develop and maintain effective communication with other University areas to assure awareness of and compliance with all necessary requirements
  • Prepare and transmit final federal, state and information tax returns for the University and its subsidiaries
  • Analyze potential exposure to the University for potential audits and/or negotiate and manage F&A (indirect cost) rates with representatives of the federal government
  • Determine appropriate application of accounting principles, internal controls, policies and regulations
  • Manage overall accounting records and processes
  • Develop and implement the University budget
  • Interview, hire, train, supervise and evaluate assigned teams
  • Manage process development activities
  • Identify, prioritize and recommend continuous quality improvement initiatives
  • Serve as Administration’s liaison to internal and external organizations and committees

Level Matrix

Level:
Senior Manager
Base Description:
– Manages direct reports where primary duty is the management of a working unit.
Level Summary:
– Demonstrates advanced skills in critical functions related to unit's success. Demonstrates advanced knowledge of emerging technologies and processes. Monitors completed work of others to ensure effectiveness and adherence to requirements. Sets clear expectations and holds team accountable. Establishes a shared team/unit vision. Demonstrates ability to evaluate and enhance team/unit practices that promote a strong commitment to inclusionary practices. Coaches others using appropriate strategies. Demonstrates diplomacy. Demonstrates ability to serve as liaison between senior-level management and staff. Resolves complex, controversial, or unprecedented issues and problems.
Supervisory Responsibilities:
– Oversees large team or teams of individual contributors and/or supervisors/managers
– Leads a department or functional area
Fiscal Responsibilities:
– Monitors and tracks large budgets
– Plans, forecasts, and/or develops budgets
– May approve budgets for specific area
– Typically has final signature authority for specific area
Problem Solving:
– Encounters highly varied and complex problems that impacts the team and possibly the unit
– Develops creative and/or novel approaches to resolve problems that are difficult in nature
– Independently resolves complex and/or unprecedented issues and problems
Independence of Action:
– Work results are not clearly defined
– Generally sets own goals and determines how to accomplish results with few or no guidelines to follow
– Monitors completed work of others to ensure soundness of approach, effectiveness of meeting requirements, the feasibility of recommendations and adherences to requirements
– Delegates more advanced tasks to others
Communication and Collaboration:
– Communicates with both internal and external audiences
– Collaborates closely with team members and various areas across the University
– Fosters collaboration between units and engages others' coordinated efforts to reach desired outcomes with broad scope
Salary Structure
  • Comp Grade – 14
  • Minimum – $97,100.00
  • MidPoint – $121,400.00
  • Maximum – $145,700.00
FLSA Exemption Status
Exempt
Minimum Education
Bachelor's Degree
Minimum Experience
10+ years of relevant experience, includes 3+ years of supervisory experience
Equivalency
Or an equivalent combination of education and experience
Additional Job Requirements