Title: | Controller |
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ID: | 1406 |
Department: | Business Office |
Job Summary
Reporting to the Vice President for Finance and Administration, this position is responsible for managing and directing general accounting reporting and operations, cash management controls, internal controls, debt covenants, grants management, and general ledger systems. The Controller has the overall responsibility for the integrity of the College's financial records. They will maintain accounting records, oversee financial and management reporting and monitor budget performance, develop and administer internal financial policies and procedures, evaluate and institute appropriate internal controls, ensure compliance with applicable Federal and state laws, and provide support on other related fiscal and accounting matters. The position prepares financial reporting packages for presentations to the Finance, Audit and the Investment committees of the Board of Trustees.
Job Duties (but not limited to)
- Oversees and directs the general accounting, financial reporting and analysis, grants management and internal control procedures for the institution;
- Provides oversight of the Business Office through direct supervision of the business office staff;
- Coordinates the preparation of the year-end financial statements and related schedules, footnotes, and tax return schedules; Responsible for compliance with tax laws and regulations;
- Monitors departmental and divisional budget performance throughout the year; prepares financial models for new program development;
- Prepares monthly accounting close processes and prepares timely monthly and quarterly financial statements, and cash flow projections;
- Maintains fixed asset records;
- Responsible for the accurate and timely development and dissemination of financial information in support of effective decision making. Prepares all necessary financial reports and analyses necessary to keep the Vice President for Finance & Administration currently informed;
- Responsible for maximizing the utility of the College's Financial Systems (Jenzabar Financial Software) to support effective use of financial information through the development, upgrade and maintenance of robust system functionality and reporting features to meet complex and changing information requirements;
- Serves the campus community by providing financial guidance, offering information and training on financial systems and processes. Seeks to learn how the business office can better meet divisional needs for information and assistance;
- Establishes and maintains financial controls to monitor and protect College resources;
- Coordinates with the Development Office to ensure the proper accounting for pledges, gifts, endowments, and scholarships;
- Ensures that appropriate account reconciliations are performed, documented and reviewed on a timely basis;
- Responsible for oversight of fulfillment of financial obligations to college employees and vendors with a strong internal control environment.
- Work closely with other departments (academic affairs, admissions, financial aid) to align financial strategies with institutional priorities.
- Minimum Qualifications
- Bachelor's degree is required, with a preferred emphasis in accounting, master's degree is highly desirable. 5-10 years progressively responsible financial management experience is required, preferred within a private higher education institution or not-for-profit entity. In-depth knowledge of GAAP, FASB and other financial principles. Experience with the Jenzabar system or integrated database system is desirable.
- Knowledge, Skills and Abilities:
- Demonstrated effective leadership and supervisory experience
- Strong analytical skills
- Collaborative work style but able to enforce College policies when necessary
- Proactive communicator
- Strong excel skills
- Demonstrates follow through and attention to detail.
LaGrange College is an equal opportunity employer and does not discriminate on the basis of race, color, religion, gender, sex, age, national origin, disability, veteran status or any other legally protected status.