Apollo Group, Inc. was founded in 1973 in response to a gradual shift in higher education demographics from a student population dominated by youth to one in which approximately half the students are adults and over 80 percent of whom work full-time. Apollo's founder, John Sperling, believed -- and events proved him right -- that lifelong employment with a single employer would be replaced by lifelong learning and employment with a variety of employers. Lifelong learning requires an institution dedicated solely to the education of working adults.
Today, Apollo Group, Inc., through its subsidiaries, the University of Phoenix (including University of Phoenix Online), the Institute for Professional Development, the College for Financial Planning, and Western International University, has established itself as a leading provider of higher education programs for working adults by focusing on servicing the needs of the working adult.
Apollo Group has enjoyed continual growth in student enrollments as well as building a strong financial record by having more than doubled its total enrollments and revenues between 2001 and 2005. Apollo Group, looking to continue the growth, completed its initial public offering on December 6, 1994 with a price of $0.72 per share (adjusted for stock splits). Subsidiary Statement Apollo Group, Inc., is a leading provider of higher education. We have a global network of subsidiaries that include University of Phoenix, Apollo Global, Carnegie Learning, College for Financial Planning, Apollo Education, Institute for Professional Development, and Western International University. In 1981, Dr. John Sperling founded Apollo Group to reach out to working adults and offer them lifelong learning through an institution dedicated to their education. Today, our subsidiaries provide programs that are up-to-date and relevant to our students and to an evolving world. Position Summary
Oversees the day-to-day cash and working capital management for the Company under the direction of the Corporate Treasurer. This position is also responsible for financial planning and analysis to forecast budgets and financial status. Primary Accountabilities Monitors day-to-day cash management and cash accounting functions, including but not limited to, report preparation, consolidation and movement of funds, and interactions with internal departments and external financial institutions.
Manages investments including, but not limited to, updating the treasury management system, monthly reconciliations to broker statements, and monthly accruals of interest.
Prepares cash forecasts for management on cash receipts and projected expenditures and conducts General Ledger analysis on all cash and investment income accounts.
Tracks and analyzes bank interactions (accounts, services, fees, and activity), debt instruments and balances, debt compliance requirements, working capital items, acquisition activity and performs other analytic projects as required.
Analyzes and recommends appropriate international banking relationships and coordinates with all locations and/or acquired entities on the integration/consolidation of cash management activities.
Analyzes and reports variances from projected to actual performance related to cash and investment activities.
Researches economic trends and investment opportunities, determines procurement of funds, and monitors investments and collections.
Cross-trains with other Treasury staff.
Maintains a professional and technical knowledge by attending education workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.
Performs other duties as assigned or apparent. Knowledge Skills & Abilities A thorough knowledge of finance and accounting as normally obtained through the completion of a bachelors degree in business, finance, accounting or a related field; masters degree and/or CPA preferred.
Six years of treasury, cash management, and/or related financial analysis.
Knowledge of SOX compliance/documentation required.
Must have a working knowledge of personal and financial software packages to perform financial analysis, prepare financial reports, and create and display the data and conclusions as described above.
Must be results oriented and able to manage various projects or tasks at one time. EEO Statement
Equal Employment Opportunity Statement
Apollo Group, Inc. and its subsidiary companies (hereafter, 'Apollo') are committed to being Equal Employment Opportunity and Affirmative Action employers. We embrace and celebrate the unique qualities of our employees including race, color, gender, age, religion, disability or perceived disability, veteran status,genetic information, sexual orientation, ethnicity, national origin or any other category protected by federal, state or local law. The protected groups set forth in this policy are broader than what is covered by our Affirmative Action Plan.
It is the objective of Apollo to provide equal opportunity for employment. Through the recruitment and retention of a competitive diverse workforce, we can leverage our diversity and better understand our customers' needs as well as enhance the communities we serve. At Apollo, we believe diversity strengthens our competitive advantage.
Apollo makes decisions relative to employment, training, compensation, and promotion on the basis of job-related qualifications. We prohibit discrimination based on race, color, gender, age, religion, disability or perceived disability, veteran status, sexual orientation, ethnicity, national origin or any other category protected by federal, state or local law.
Apollo is committed to the principles of tolerance and respect, fair treatment, equal access and consideration, and recognition for contributions. All management personnel are accountable and share in the responsibility for adherence to the policy. Apollo is guided by the principle of equal opportunity and respect for others. Apollo's philosophy is based on the recognition of and value for the unique attribute brought to Apollo by each person. By keeping with these principles Apollo will successfully meet its corporate goals.
Apollo Group - 2 years ago
Apollo Group, Inc. (Apollo Group)is a private education provider. The Company offers educational programs and services at the high school,...