Director of Accounting and Financial ReportingController

Benedict College

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profile Job Location:

Columbia, IN - USA

profile Monthly Salary: Not Disclosed
Posted on: 10 hours ago
Vacancies: 1 Vacancy

Job Summary

Description

INSTITUTION DESCRIPTION:

Founded in 1870 by a woman Bathsheba A. Benedict Benedict College is a private co-educational liberal arts institution with over 1700 students enrolled in its 26 baccalaureate degree programs and 2 masters degree programs. Defying trends Benedict College maintains a nearly equal male and female student population. This Midlands HBCU has welcomed students from all 46 counties in South Carolina 30 states across America and 26 countries around the world.

JOB SUMMARY:

The Director of Financial Accounting & Reporting/Controller is primarily accountable for the overall supervision of the general ledger payroll accounting functions cashier and budget functions of the College. The position is responsible for ensuring the financial integrity of the Colleges accounting and budgeting functions. This position is responsible for maintenance of the Colleges general ledger month end close process financial statement preparation and analysis internal and external financial reporting requirements and the budgeting process. Financial integrity is to be maintained by giving attention to and ensuring adherence to accounting principles and the approved budgets for the College. This position is accountable for making sur that accounting transactions are in line with generally accepted accounting principles (GAAP) procedures and that budget requests follow the Colleges budgeting guidelines.



Qualifications

ESSENTIAL JOB FUNCTIONS:

  • Review monthly general ledger transactions financial statements and budget reports for the Total College
  • Provide financial statements and written analysis for the Colleges financial statements on a monthly basis and for quarterly Board meetings
  • Provide internal and external financial reporting for routine and compliance purposes
  • Identify accounting and budgetary issues and advise management as appropriate
  • Manage the set-up of General Ledger Accounts Transaction Codes etc. to ensure accurate Financial Statement reporting
  • Provide cash forecasts and analysis for cash source and usage tracking for management and Board reporting
  • Provide daily cash balance reporting for management
  • Provide bi-weekly updates for the areas (general ledger payroll cashier budget) under the financial accounting and reporting function
  • Advise management on findings from analyses of accounting financial and budget reporting
  • Review and provide analysis monthly for budget reports for each Division with Division VPs
  • Provide written analyses of budget vs. actual results for Total College and each Division for monthly and Board reporting
  • Assist the Divisions in preparing forecasts and budgets for revenue generation and spending awareness
  • Coordinate budget adjustments and revisions for the Total College and the Divisions
  • Develop and produce ad hoc financial reporting and budgetary detail/reporting as needed
  • Facilitate an annual planning process with each Division
  • Overall supervision of the approval of all expenditure/purchase requisitions of the College for budgetary authority
  • Coordination and completion of budget adjustments/transfers and budget revisions
  • Providing routine training and guidance for faculty and staff concerning the Colleges Purchase Requisition and Budgeting processes to include requirements for budget approval
  • Producing and distributing routine budgetary reports at the Division and Total College level for management of the College and the Board of Trustees
  • Developing and implementing requirements to include training of Faculty & Staff for transition to the new Jenzabar EX Budget Module
  • Other duties as assigned

Remains competent and current through self-directed professional reading developing professional contacts with colleagues attending professional development courses and attending training and/or courses as directed by the Vice President for Business & Finance.

MINIMUM REQUIREMENTS TO PERFORM WORK:

  • Bachelors degree or equivalent in business administration accounting finance or closely related field.
  • A Masters degree or professional certification as a CPA or CMA is preferred.
  • Minimum of five (5) to seven (7) years experience in accounting finance reporting and analysis the demonstrate increasing responsibility within accounting. Minimum of three (3) years experienced reporting to senior level management.
  • Experience in higher education or a closely related field is preferred.

KNOWLEDGE SKILLS AND ABILITIES:

  • Strong analytical process management and problem-solving skills.
  • Management skills particularly problem-solving and decision-making.
  • Organizational and supervisory skills.
  • Strong verbal and written communication skills.
  • Exceptional competency in Microsoft Excel Word and PowerPoint.
  • Basic know of other Microsoft Office products such as AccessOne Drive and Share Point.
  • Experience with Jenzabar or other higher education ERPs is preferred.
  • Ability to develop knowledge of respect for and skills to engage with those of other cultures or backgrounds.
  • Extraordinary customer service and quality attitude.
  • Ability to work in a fast-paced and changing environment and multi-task and establish priorities.
  • Ability to work effectively across organization and functional boundaries.
  • Ability to meet deadlines adhere to schedules and complete job responsibilities.
  • Excellent leadership communication interpersonal and time management skills
  • Exhibit initiative responsibility and flexibility

Salary and Benefits:

Salary based on experience and qualifications. Benedict College offers a competitive benefits program.

Effort: The responsibilities of this position require regular presence in an on-site environment. While the position is not a remote position there may be instances (i.e. during certain times) where remote work is available. The responsibilities may require work in the evenings and on weekends during peak periods.

License: A valid drivers license is required.

APPLICATION PROCEDURES:



Required Experience:

Director

DescriptionINSTITUTION DESCRIPTION:Founded in 1870 by a woman Bathsheba A. Benedict Benedict College is a private co-educational liberal arts institution with over 1700 students enrolled in its 26 baccalaureate degree programs and 2 masters degree programs. Defying trends Benedict College maintains ...
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Key Skills

  • Accounting Software
  • GAAP
  • QuickBooks
  • General Ledger Accounting
  • Accounting
  • IFRS
  • Sage
  • Regulatory Reporting
  • Workers' Compensation Law
  • Budgeting
  • ERP Systems
  • Financial Management