Assistant Controller and Director of Financial Reporting

Position Summary
The Assistant Controller and Director of Financial Reporting will be responsible for preparing all of the Colleges various internal and external financial statements appropriate analysis of changes and trends and footnote disclosures in accordance with generally accepted accounting principles. This includes acting as a key source of financial reporting expertise and knowledge pertaining to the Colleges consolidation methods. This position is also responsible for research and analysis as it pertains to reviewing analyzing concluding and documenting the accounting treatment for non-routine transactions. This position will also oversee the staff maintaining general ledger accounts and the opening and closing of general ledger periods on a monthly and annual basis.

Essential Duties And Responsibilities
Manage the preparation and distribution of the monthly quarterly and annual consolidated internal and external financial statements (balance sheet statement of operations statement of cash flows statement of changes in capitalization) as well as those of the Colleges subsidiaries ensuring their accuracy and conformity with generally accepted accounting principles ( GAAP ). Manage preparation of the quarterly and annual consolidated financial statements and footnote disclosures ensuring inclusion of all relevant and necessary disclosures non-routine transactions subsequent events etc. completely accurately and on-time. Ensure that adequate supporting documentation is obtained. Prepare financial statements and monthly budget allocations and comparison of actual revenues and expenditures to budget projections including explanations of budget variances. Acts in conjunction with the Controller and/or as a liaison to Investment Operations and Institutional Advancement to record gifts and administer insurance contracts. Collaborate with other employees within Business and Financial Affairs and other departments to obtain necessary information to prepare the Colleges consolidated financial statement disclosures. Maintain a footnote support binder and tie in all numbers and other relevant information to supporting documentation. Ensure financial statements and footnotes are reviewed by Vice President for Business and Financial Affairs and Treasurer and obtain internal certifications of the review. Maintain details of related party transactions and non- GAAP amounts. Prepare the annual financial statements for the Colleges two (2) 403b plans completely accurately and on-time ensuring DOL deadlines are met. Collaborate with other College employees as appropriate to obtain necessary information to update benefit plan footnote disclosures. Analyze and ensure the accuracy and adequacy of all accounting estimates including but not limited to allowance for doubtful accounts depreciation and asset retirement obligation. Evaluate and document key determinants / assumptions used to derive these estimates. Coordinate the gathering of auditor-requested workpapers supporting analyses and supporting documentation pertaining to the consolidated financial statements and footnote disclosures. Manage the annual external audit process and various other audits to include 403(b) single audit grantor and insurance audits. Ensure compliance with all SEC FASB and eventual IFRS rules and regulations. Prepare reports required by regulatory agencies. Implement cash draw down procedures for federal state and private grants in accordance with published regulations. This includes timely preparation and filing of federal SF 425 reports and preparation of property reports; Perform analyses of various balance sheet and other general ledger accounts to ensure that account balances are recorded at proper amounts. Notes where corrections are needed and makes corrections on a timely basis; Record monthly activities of Colleges various investment managers; Analyze general ledger to determine funding requirements of various construction and other projects for review by CFO and Sr Vice President for Business and Financial Affairs Treasurer.

Physical Demands
While performing the duties of this job the employee is regularly required to: walk talk and hear. The employee is frequently required to: use of hands for computers and to movie items and reach with hands and arms. Employee is occasionally required to: stand stoop or kneel or crouch or crawl and lift and/or move up to 10 pounds. No special vision requirements beyond regular sight with the ability to adjust focus are necessary for performance of this position.

Required Qualifications
Bachelors degree in Accounting with eight plus years of related and progressive financial managerial experience is required. This position requires comprehensive knowledge of financial accounting and reporting for private colleges. The work calls for strong management abilities and outstanding interpersonal skills to work with a diverse group of people organizations etc. Excellent analytical skills problem solving abilities and strategic thinking are essential. Excellent oral communication skills are required when presenting information and responding to questions from students parents employees and the general public in one-on-one or group situations. Incumbent must be able to write business correspondence and procedure manuals plus compose memos letters and emails. Also must be able to read analyze and interpret documents such as financial statements/documents governmental regulations professional journals and procedural manuals. Good proofreading skills are essential. Intermediate level computer skills are required using the Microsoft Office Suite (Word Excel PowerPoint) and/or WordPerfect. Ability to type memos business correspondence and prepare such things such as mail merges flyers spreadsheets forms and use formulas for computations is essential. This position requires that the incumbent understand the Colleges administrative computing system in such a way that productivity and efficiency can be maximized

Preferred Qualifications
Education beyond an undergraduate degree preferred