Controller
Controller
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Job Description
Western Reserve Academy an independent co-educational boarding/day school seeks applicants for the position of Controller.
As a member of the Business Office team and under the leadership of the Chief Financial and Operating Officer primary responsibilities of this role include supporting the financial management and reporting of a $40M operating budget and a $150M endowment. Successful candidates will have a solid understanding of not-for-profit fund accounting investment recordkeeping 990 filings and audit preparation. Priority will be given to those individuals with past experience working in or auditing educational organizations.
Primary Responsibilities Include:
- Manage the schools endowment including monthly valuations annual draws and processing of capital calls additions and redemptions.
- Prepare monthly internal financial statements and comprehensive reports for the Board of Trustees.
- Reconcile gift and pledge records with the Advancement Office and resolve discrepancies.
- Lead the month-end and year-end close processes.
- Act as the primary liaison with multiple banking partners.
- Reconcile all cash accounts and periodically review general ledger activity.
- Monitor cash balances and coordinate transfers with the CFO/COO.
- Prepare and release wire transfers manage debt service payments and ensure compliance with financial covenants.
- Reconcile fixed assets and support audit preparation and annual 990 filings.
- Review budget reports post journal entries and oversee financial activity for various school programs.
- Issue and reconcile corporate credit cards.
- Track and report activity for student-led investment and business initiatives.
- Support reporting for internal stakeholders including stewardship reports for Advancement and updates to student group advisors.
Secondary Responsibilities Include:
- Collaborate with Business Office Staff to ensure effective efficient and compliant recordkeeping.
- Coordinate input and utilize external sources for benchmark data related to past current and future trends in independent schools including but not limited to DASL.
- Prepare ad hoc reporting as needed.
- Serve as back up to Accounts Payable.
- Bachelors degree in Accounting Finance or a related field.
- CPA and/or MBA strongly preferred.
- At least 5 years of experience in nonprofit accounting ideally in an educational setting.
- Strong understanding of fund accounting and endowment recordkeeping.
- Proficiency with Microsoft Excel and familiarity with integrated systems like Veracross or similar.
- Ability to work independently prioritize tasks and collaborate effectively with colleagues.
- Strong attention to detail and excellent organizational skills.
Western Reserve Academy provides a vibrant and exciting work environment on a 192 acre campus which during the school year is home to 435 boarding and day students from 31 states and 40 countries. In addition to a competitive salary WRA offers an incredibly generous benefits package that also includes free meals and tuition remission.
To Apply
Employment Type
Full-Time
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