Director of Accounting

Reporting to the Associate Vice President of Accounting Services, the Director of Accounting supervises professional and support staff including grants accounting, student accounts and cashiering operations, fixed assets, cash management, bank reconciliations, and general ledger administration and plays a critical role in maintaining strong internal controls, regulatory compliance, accurate financial reporting, and effective service across the institution. The Director of Accounting must be capable of independently managing multiple complex functions simultaneously while exercising sound professional judgment and maintaining confidentiality.

The Director serves as a financial liaison to departments across campus and assists with audit preparation, financial analysis, financial reporting, process improvement initiatives, and implementation of accounting policies and procedures.

• Direct and oversee accounting operations related to grants, student accounts/cashiering, fixed assets, cash management, bank reconciliations, and general ledger administration 
• Supervise and evaluate assigned staff, including the Grant Accountant, Student Accounts staff, Fixed Asset Accountant, and Bank Reconciliation/Cash Accountant 
• Ensure accurate and timely recording, reconciliation, and reporting of financial transactions in accordance with applicable accounting standards, laws, regulations, and College policies 
• Assist in the preparation of the College’s annual audited financial statements, grant audits, and coordinate audit requests with internal and external stakeholders 
• Prepare reports, journal entries, presentations, and other accounting functions
• Review, analyze, and approve journal entries, reconciliations, budget adjustments, and other accounting transactions prepared by accounting staff 
• Maintain and oversee general ledger structures, account setup, approval workflows, user permissions, and associated accounting system controls 
• Oversee grant accounting processes to ensure compliance with grant agreements, reporting requirements, and applicable federal, state, and institutional regulations 
• Oversee student accounts and cashiering operations, including tuition and fee assessment, payment processing, refunds, third-party billing, collections support, and reconciliation of accounts 
• Ensure the integrity and reconciliation of cash accounts, bank accounts, merchant services, and payment processing systems 
• Oversee fixed asset accounting, inventory tracking, capitalization, disposals, and related reporting requirements 
• Assist departments with budget-related questions, financial analysis, and interpretation of accounting procedures and policies 
• Serve as a financial liaison to campus departments and provide guidance regarding accounting and financial matters 
• Coordinate and supervise financial transactions between the college and the bookstore
• Plan and supervise the preparation of 1099s, 1098Ts, and coordinate with outside accountants for the preparation of the 990T
• Participate in professional development and training activities 
• Perform other duties as assigned

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a closely related field 
• Minimum of five years of progressively responsible professional accounting experience involving financial reporting, reconciliations, budgeting, compliance, and complex accounting analysis 
• Minimum of three years of supervisory or management experience 
• Advanced in Microsoft Excel and working knowledge of Microsoft Office applications 
• Strong analytical, organizational, and problem-solving skills 
• Ability to interpret and apply regulations, policies, contracts, and financial procedures 
• Ability to exercise sound independent judgment, prioritize and manage multiple deadlines in a fast-paced environment 
• Excellent written, verbal, and interpersonal communication skills 
• Detail-oriented, self-motivated, and highly organized 
• Ability to work extended hours as needed
• Must possess a valid Texas Driver’s License, good driving record, and be insurable on Midland College’s insurance policy 

Preferred Qualifications

• Strong knowledge of Generally Accepted Accounting Principles (GAAP), governmental accounting, and fund accounting principles 
• Experience managing or overseeing multiple accounting functions simultaneously 
• Demonstrated experience with complex accounting and enterprise resource planning (ERP) systems 
• Master’s degree in Accounting, Finance, Business Administration, or related field 
• Certified Public Accountant (CPA) license 
• Experience in higher education, governmental, or not-for-profit accounting 
• Knowledge of grant accounting and compliance requirements for federal, state, and private grants 
• Experience with student accounts, cashiering operations, or cash management functions 
• Experience preparing or assisting with annual financial audits and audited financial statements 
• Knowledge of internal control frameworks and financial process improvement initiatives 

Physical Demands

• Must be able to remain in a stationary position 50% of the time 
• Primarily indoor office environment 
• Occasional outdoor duties may be required 
• Some travel for training, conferences, or professional development may be required 
• Ability to work extended hours during peak periods, audits, or reporting deadlines may be required