Cost Accounting Director

Description

Responsible for directing the preparation of financial data related to the institution's negotiated facilities, and administrative and fringe benefit rates on federally sponsored projects. Monitors and identifies unallowable costs, maintains accounting policies to properly segregate expenditures, reviews personal activity reports, and monitors service center accounts. Monitors and maintains accounting policies which provide compliance with institution policies and Cost Accounting Standards. Works closely with Sponsored Project offices and Divisional Business offices to ensure compliance with regulatory requirements to which grants and contracts are subject. May also be responsible for the institution's Research Accounting functions. Education and Experience: Bachelor degree and 5 or more years of related experience. CPA or MBA preferred. The primary duty of employees in this classification is the management of a customarily recognized department or subdivision, including the supervision of three or more full-time equivalent employees every week. Direction is over a permanent status-continuing function, not a collection of employees assigned to complete a project. Management duties include interviewing, selecting and training of employees; setting and adjusting their rates of pay and hours of work; planning and directing their work; appraising their productivity and efficiency for the purpose of recommending promotions or other changes in their status; handling their complaints and grievances and disciplining them when necessary. Management responsibilities include the authority to hire, fire, or promote assigned employees or make recommendations that are given particular weight. Employees have impact on budgeting, controlling costs, planning, scheduling, and procedural change. Under FLSA, this is the exempt job classification for this title. Incumbents in this position must meet the full criteria for exempt status: salary level, salary basis, and duties tests.