FISCAL DIRECTOR - 70732

Executive Service

Who we are and what we do:

Tennessee Higher Education Commission (THEC) was created for the purpose of coordinating and supporting the efforts of post-secondary institutions in the State of Tennessee. The primary activities of THEC include recommending fair and equitable funding among the public higher education institutions of Tennessee, reviewing academic programs for approval, recommending and monitoring capital spending, and recommending tuition and fee levels to the State higher education systems. Tennessee Student Assistance Corporation (TSAC) administers a variety of need-based and merit awards, including the Tennessee Student Assistance Award Program and the Tennessee Educational Lottery Scholarship Program.

Key Responsibilities:

• Mentors fiscal affairs team ensuring all transactions are GAAP compliant.
• Assists in the completion of all state-wide year-end closing tasks on or before established timelines.
• Reviews contract payments against the applicable contract(s) to ensure expenditures are allowable, compliant, and correctly documented.
• Assists in the completion of the annual risk assessment and related corrective action plan when required.
• Completes external financial forms and/or reports, as required by government and non-government funders.
• Develops forms, guidelines, procedures, and instructional materials necessary for staff.
• Assists in the preparation of agency budgets.
• Assists in gathering information to make informed budgetary decisions.
• Monitors bills and laws to determine financial impact on programs and grants, impact on internal policies and procedures, and to prepare budget modifications.
• Serves as liaison with THEC/TSAC program staff to ensure leadership members have accurate and up to date information about all relevant budgets or funding levels for divisions, programs, contracts, and other projects.
• Examples of budget details may include balances, recurring/nonrecurring nature of funding, ability to carry funds forward across budget years, identifying funding sources and speed chart designations, need for accruals at year end, and other details.
• Assists with the compilation of financial statements.
• Keys and/or approves transactions in Edison.
• Assists with special projects and develops accounting processes
• Participates in personal development related to the position as provided and directed by the Commission, the State of Tennessee, partner organizations, or accounting/financial management professional organizations.
• Conducts training in departmental policies, procedures, and processes for internal and external customers.
• Recognizes and exercises discretion in matters of a confidential nature.
• Maintains up to date, professional knowledge of generally accepted accounting principles.
• May be assigned other administrative projects and responsibilities.

Minimum Qualifications:

• Bachelors degree in accounting, business, or related field

AND

• Current certification as a Certified Public Accountant with the State of Tennessee

AND

• Two (2) years of accounting experience.
• Experience developing and monitoring agency budgets
• Experience in compiling financial statements

Pursuant to the State of Tennessee's Workplace Discrimination and Harassment policy, the State is firmly committed to the principle of fair and equal employment opportunities for its citizens and strives to protect the rights and opportunities of all people to seek, obtain, and hold employment without being subjected to illegal discrimination and harassment in the workplace. It is the State's policy to provide an environment free of discrimination and harassment of an individual because of that person's race, color, national origin, age (40 and over), sex, pregnancy, religion, creed, disability, veteran's status or any other category protected by state and/or federal civil rights laws.