Summary
The Louisiana Board of Regents is seeking a highly experienced financial leader to serve as Associate Commissioner for Finance and Compliance . This executive-level role serves as the Board's Comptroller and Lead Auditor and provides staff support to the Board's Audit Committee.The Associate Commissioner interprets complex accounting, audit, and regulatory requirements; oversees critical fiscal operations and reporting; monitors Governmental Accounting Standards Board (GASB) compliance; and designs internal fiscal and compliance policies that protect the integrity of the agency's financial operations.ABOUT THE ORGANIZATIONThe Board of Regents is established in the Louisiana Constitution as the state's coordinating board for higher education. Regents works with four management boards, thirty-two public degree-granting institutions, and four special-purpose institutions. It sets statewide higher education policy, advocates for systems and institutions, distributes state-provided funding in accordance with legislative actions, and administers grant programs that advance postsecondary education.The Board of Regents includes three programs: the Board of Regents, the Louisiana Office of Student Financial Assistance (LOSFA), and the Louisiana Universities Marine Consortium (LUMCON). The Division of Finance and Administration oversees the agency's financial and budget matters, administrative policies and procedures, and facilities, and supports Regents' constitutional role in reviewing operating and capital needs and recommending capital construction priorities.IDEAL CANDIDATE PROFILESenior-level financial leadership and sound professional judgmentDeep knowledge of governmental accounting, audit, compliance, and financial reportingAbility to translate complex regulatory and accounting requirements into clear operational practicesStrong analytical, problem-solving, and risk‑management capabilitiesCollaborative leadership with internal teams, auditors, state agencies, and higher education partnersHigh standards of accountability, integrity, precision, and public serviceMINIMUM QUALIFICATIONSEducation: Baccalaureate degree in business administration, accounting, finance, or another related field.Licensure: A current Certified Public Accountant (CPA) license is required.Experience: Minimum ten years of professional-level experience in a higher education or public-sector setting; or a graduate degree in a related field with at least seven years of professional-level experience.PREFERRED QUALIFICATIONSMaster's degree in business or public administration, accounting, finance, or another related field.Professional-level experience in postsecondary education finance.Experience with the State of Louisiana's LaGov software program.Applications will be rejected if the applicant fails to meet the minimum qualifications, submits an incomplete application, or fails to apply by the closing date of the announcement.JOB DUTIESFinancial Reporting & GASB ComplianceInterprets complex financial, accounting, and regulatory concepts and techniques used in financial management, reconciliation, and financial statement preparation.Directs development and submission of Board of Regents financial reports, including federal reports, Annual Financial Reports (AFR), START financial statements and notes, and implementation of new and revised GASB requirements.Oversees the annual Schedule of Expenditures of Federal Awards (SEFA).Audit, Grants, & ComplianceCoordinates with auditors, provides required documentation and responses, and implements corrective actions when needed to address audit findings.Monitors and assists with subrecipient monitoring requirements for federal grants under Uniform Guidance, including on‑site visits to higher education institutions when necessary.Designs, develops, and manages internal fiscal and accounting programs, policies, and procedures with Finance and Administration leadership to ensure compliance with federal and state requirements.Higher Education Fiscal Analysis & External PartnershipsPerforms analytical reviews of quarterly fiscal reports and annual health index reports for Louisiana public higher education institutions.Communicates and collaborates with the Office of Statewide Reporting and Accounting Policy (OSRAP), State Treasury, Legislative Auditors, federal and state officials, internal auditors, U.S. Department of Education staff, and lending institutions regarding agency accounting and compliance matters.Financial Leadership & SupervisionSupervises staff responsible for fund disbursements and cost allocations, classification and bank reconciliation, audit, cash management, accounts payable/receivable, grants fiscal management, and higher education financial compliance.Advises the Deputy Commissioner for Finance and Administration on audit and fiscal matters affecting postsecondary education.POSITION-SPECIFIC DETAILSAppointment Type: This position is unclassified and will be filled by a new hire or by promotion of a current Regents employee.Worksite Location: The position is based in the Claiborne Building in downtown Baton Rouge, Louisiana. Standard office computing equipment is provided, including laptops for off‑site work.Security Requirements: This position is designated as a security‑sensitive position. A criminal history check will be conducted on all new hires as well as employees changing positions including promotions, demotions, details, reassignments, transfers and every five years. Annual safety training is required for all state employees. Access to driving records is required to operate state‑owned vehicles or rentals on state contract.Travel & Schedule: Statewide travel to institutions and, occasional weekend and evening work and travel may be necessary.Physical Demands: The position is primarily office‑based. Typing is essential. Minimal standing, stooping, and light lifting of up to twenty pounds may be required. Reasonable accommodations are available for persons unable to meet the physical requirements of the position.BENEFITS INFORMATIONThe Louisiana Board of Regents, as part of Louisiana state government, offers a wide range of career opportunities for individuals committed to advancing public higher education and making a meaningful impact through public service. With positions supporting institutions and initiatives across the state, employment with the Board of Regents provides a unique opportunity to contribute to Louisiana's academic, workforce, and research priorities.As a Regents employee, you will receive competitive compensation, access to a comprehensive benefits package, and opportunities for professional growth and development.Health & Life: Fulltime employees are eligible for group health and life insurance coverage through the Office of Group Benefits.Retirement: Full‑time employees are required to contribute 8% of their base pay to a Louisiana retirement system. The retirement system provides retirement allowances and other benefits for state officers and employees and their beneficiaries. Regents' employees have the option of joining the Teacher's Retirement System of Louisiana (TRSL) or the Optional Retirement Plan (ORP). ORP is also available to some part‑time positions.Accrued Leave: Unclassified state employees earn sick and annual leave in accordance with Executive Order Number JML 24-122, Rules on Leave for The Unclassified Service.CONTACT INFORMATIONFor more information about this posting, please contact:The Board of Regents' Human Capital Management OfficeKim LangloisEmployee Relations Specialistkim.langlois@laregents.edu or HR@laregents.edu#J-18808-Ljbffr
Job Description
The Louisiana Board of Regents is seeking a highly experienced financial leader to serve as Associate Commissioner for Finance and Compliance . This executive-level role serves as the Board's Comptroller and Lead Auditor and provides staff support to the Board's Audit Committee.The Associate Commissioner interprets complex accounting, audit, and regulatory requirements; oversees critical fiscal operations and reporting; monitors Governmental Accounting Standards Board (GASB) compliance; and designs internal fiscal and compliance policies that protect the integrity of the agency's financial operations.ABOUT THE ORGANIZATIONThe Board of Regents is established in the Louisiana Constitution as the state's coordinating board for higher education. Regents works with four management boards, thirty-two public degree-granting institutions, and four special-purpose institutions. It sets statewide higher education policy, advocates for systems and institutions, distributes state-provided funding in accordance with legislative actions, and administers grant programs that advance postsecondary education.The Board of Regents includes three programs: the Board of Regents, the Louisiana Office of Student Financial Assistance (LOSFA), and the Louisiana Universities Marine Consortium (LUMCON). The Division of Finance and Administration oversees the agency's financial and budget matters, administrative policies and procedures, and facilities, and supports Regents' constitutional role in reviewing operating and capital needs and recommending capital construction priorities.IDEAL CANDIDATE PROFILESenior-level financial leadership and sound professional judgmentDeep knowledge of governmental accounting, audit, compliance, and financial reportingAbility to translate complex regulatory and accounting requirements into clear operational practicesStrong analytical, problem-solving, and risk‑management capabilitiesCollaborative leadership with internal teams, auditors, state agencies, and higher education partnersHigh standards of accountability, integrity, precision, and public serviceMINIMUM QUALIFICATIONSEducation: Baccalaureate degree in business administration, accounting, finance, or another related field.Licensure: A current Certified Public Accountant (CPA) license is required.Experience: Minimum ten years of professional-level experience in a higher education or public-sector setting; or a graduate degree in a related field with at least seven years of professional-level experience.PREFERRED QUALIFICATIONSMaster's degree in business or public administration, accounting, finance, or another related field.Professional-level experience in postsecondary education finance.Experience with the State of Louisiana's LaGov software program.Applications will be rejected if the applicant fails to meet the minimum qualifications, submits an incomplete application, or fails to apply by the closing date of the announcement.JOB DUTIESFinancial Reporting & GASB ComplianceInterprets complex financial, accounting, and regulatory concepts and techniques used in financial management, reconciliation, and financial statement preparation.Directs development and submission of Board of Regents financial reports, including federal reports, Annual Financial Reports (AFR), START financial statements and notes, and implementation of new and revised GASB requirements.Oversees the annual Schedule of Expenditures of Federal Awards (SEFA).Audit, Grants, & ComplianceCoordinates with auditors, provides required documentation and responses, and implements corrective actions when needed to address audit findings.Monitors and assists with subrecipient monitoring requirements for federal grants under Uniform Guidance, including on‑site visits to higher education institutions when necessary.Designs, develops, and manages internal fiscal and accounting programs, policies, and procedures with Finance and Administration leadership to ensure compliance with federal and state requirements.Higher Education Fiscal Analysis & External PartnershipsPerforms analytical reviews of quarterly fiscal reports and annual health index reports for Louisiana public higher education institutions.Communicates and collaborates with the Office of Statewide Reporting and Accounting Policy (OSRAP), State Treasury, Legislative Auditors, federal and state officials, internal auditors, U.S. Department of Education staff, and lending institutions regarding agency accounting and compliance matters.Financial Leadership & SupervisionSupervises staff responsible for fund disbursements and cost allocations, classification and bank reconciliation, audit, cash management, accounts payable/receivable, grants fiscal management, and higher education financial compliance.Advises the Deputy Commissioner for Finance and Administration on audit and fiscal matters affecting postsecondary education.POSITION-SPECIFIC DETAILSAppointment Type: This position is unclassified and will be filled by a new hire or by promotion of a current Regents employee.Worksite Location: The position is based in the Claiborne Building in downtown Baton Rouge, Louisiana. Standard office computing equipment is provided, including laptops for off‑site work.Security Requirements: This position is designated as a security‑sensitive position. A criminal history check will be conducted on all new hires as well as employees changing positions including promotions, demotions, details, reassignments, transfers and every five years. Annual safety training is required for all state employees. Access to driving records is required to operate state‑owned vehicles or rentals on state contract.Travel & Schedule: Statewide travel to institutions and, occasional weekend and evening work and travel may be necessary.Physical Demands: The position is primarily office‑based. Typing is essential. Minimal standing, stooping, and light lifting of up to twenty pounds may be required. Reasonable accommodations are available for persons unable to meet the physical requirements of the position.BENEFITS INFORMATIONThe Louisiana Board of Regents, as part of Louisiana state government, offers a wide range of career opportunities for individuals committed to advancing public higher education and making a meaningful impact through public service. With positions supporting institutions and initiatives across the state, employment with the Board of Regents provides a unique opportunity to contribute to Louisiana's academic, workforce, and research priorities.As a Regents employee, you will receive competitive compensation, access to a comprehensive benefits package, and opportunities for professional growth and development.Health & Life: Fulltime employees are eligible for group health and life insurance coverage through the Office of Group Benefits.Retirement: Full‑time employees are required to contribute 8% of their base pay to a Louisiana retirement system. The retirement system provides retirement allowances and other benefits for state officers and employees and their beneficiaries. Regents' employees have the option of joining the Teacher's Retirement System of Louisiana (TRSL) or the Optional Retirement Plan (ORP). ORP is also available to some part‑time positions.Accrued Leave: Unclassified state employees earn sick and annual leave in accordance with Executive Order Number JML 24-122, Rules on Leave for The Unclassified Service.CONTACT INFORMATIONFor more information about this posting, please contact:The Board of Regents' Human Capital Management OfficeKim LangloisEmployee Relations Specialistkim.langlois@laregents.edu or HR@laregents.edu#J-18808-Ljbffr
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