Financial Accounting Director


University of Alaska System


$40.67 - $69.62/hour




Exempt; salary


The position is "open until filled"



• Job No: 525282
• Classification:Fiscal Manager 4
• Grade:Grade 83
• Work type:On Campus, Staff Full-time
• Administrative Unit:University of Alaska Statewide
• School/Business unit:SW Controller
• Location:Fairbanks
• Categories: Executive/Director/Management, Business/Accounting/Finance


Position Summary:
Come join an amazing team and support higher education in the Last Frontier. The University of Alaska is hiring a Financial Accounting Director. This position is responsible for the accurate preparation of the audited financial statements and acting as liaison for external financial statement audits and Federal Single Audits. This position serves as the system expert on the financial accounting issues and oversees specialized accounting functions such as endowment, debt and capital fund accounting.

Responsible for the accurate preparation and presentation of the annual audited financial statements of both the University of Alaska and the Education Trust of Alaska. Serving as a liaison with external auditors, State of Alaska, external parties and the University departments to ensure completion of the financial statement audits of the University of Alaska and the Education Trust of Alaska by the required deadline. Provide year end closing instructions to guide the University staff in the closure of financial books and produce other ad hoc financial reports as required by management.

Oversee specialized accounting functions performed by Fund Accounting staff at the System Office. Includes accounting for general revenue bonds and other debt, endowments, investment, Natural Resource Funds, and capital and plant funds. Oversee the reconciliation of cash, investment, and certain assets and liabilities accounts.

Responsible for the accurate and timely preparation and distribution of the Single Audit in accordance with Federal Uniform Guidance. Coordinate the work of external auditors with grant and contract offices; resolve audit findings. Ensure the University's grant sub recipients comply with the audit requirements under Federal Uniform Guidance.

Compile current financial data and projections by gathering information from financial staff at major campuses; analyze results and provide to the System Office's finance management a summary of financial activity and planned use of appropriated current funds to determine potential lapse, carry forward or deficit prevention.

Oversee and approve critical functions such as the timely draw of state operating appropriation, debt service payments, billing for capital appropriations and requesting reimbursement from bond trustee.

Prepare the university's Unrelated Business Income Tax return (990T) by contacting other campuses and providing necessary guidance, gathering and analyzing information for the whole university system, researching IRS rules and completing the filing of the appropriate forms in a timely manner.

Responsible for the accurate preparation and presentation of the University's yearly supplemental financial statements and debt compliance reports. Coordinate and review sections of the report prepared by Fund Accounting staff. Incorporate suggestions from management to produce meaningful supporting financial reports.


Knowledge, Skills, Abilities:
Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board and Financial Accounting Standards Board standards, pronouncements & issues, American Institute of Certified Public Accountants codifications; strong working knowledge.

Preferred Experience & Education:

• Five years of progressively responsible experience with financial accounting, preferably with a governmental or non-profit entity.
• Prior experience with the preparation of financial statements.
• Certified Public Accountant (CPA) certificate preferred.

Required Experience & Education:
Bachelor degree in accounting, finance or business administration.


Salary Information:

This is a full-time, 12-month, exempt staff position complete with both a competitive salary and UA provides a generous compensation package that includes retirement options, annual leave, 12 paid holidays per year, tuition waivers for employees and family members, and affordable medical, dental and vision care coverage. New hires will be placed on the, Grade 83, based on education and experience.

Special Instructions to Applicants:

Please attach a resume, cover letter, and the names and contact information for three (3) professional references with your application.

Applications will be accepted for review on 09/05/2023, to ensure consideration, please apply by 11:55 PM, Alaska Standard Time on DAY BEFORE REVIEW DATE (09/04/2023).

*To be eligible for this position, applicants must be legally authorized to work in the United States without restriction. Applicants who now or may in the future require visa sponsorship to work in the United States are not eligible.

The University of Alaska (UA) is responsible for providing reasonable accommodations to individuals with disabilities throughout the applicant screening process. If you need assistance in completing this application or during any phase of the interview process, please contact UA Human Resources by phone at 907-450-8200.

UA is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual:

The successful applicant is required to complete a background check. Any offer of employment is contingent on the background check.

Your application for employment with the University of Alaska is subject to public disclosure under the Alaska Public Records Act.

If you have any questions regarding this position, please contact Sarah Morisky, UA HR Coordinator, at or (907)450-8245.

Applications Close: Open until filled

To apply, visit:

Copyright ©2022 Inc. All rights reserved.