THE POSITION Reporting directly to the Chief Financial Officer, the Controller leads an office of twelve employees responsible for financial, endowment and grant accounting; financial reporting; policy development; tax management; procurement and accounts payable; payroll processing; accounts receivable; student accounts; and cash management. The Controller is responsible for ensuring accurate, efficient processing of financial transactions, implementing and maintaining sound accounting policies and best practices, and balancing effective compliance with excellent customer service. The successful candidate will possess deep accounting expertise and broad managerial experience and will demonstrate the highest ethical standards and a collegial style. Key responsibilities and opportunities for the Controller include: - Develop, refine, and maintain appropriate financial and internal control systems that ensure protection of College resources and compliance with local, state, and federal laws and regulations as well as generally accepted accounting principles (GAAP), FASB standards, College policies, and best accounting practices; enforce and communicate these effectively and in a variety of ways; - Monitor financial and internal controls including, but not limited to the timely performance, documentation and review of account reconciliations; - Maintain the general ledger system and chart of accounts; ensure that any accounting issues are promptly identified and resolved; - Ensure the accuracy and timeliness of all financial reporting; prepare the College's annual financial statements; work closely with the College's external auditors; meet other external reporting requirements; prepare the College's various tax filings (IRS Forms 990 and 990T; state tax returns; Lower Merion Business Privilege Tax; sales tax, employment taxes, etc.); - Keep up-to-date on changes, potential changes, and trends in tax laws, accounting standards, and government regulations, guidelines and enforcement; proactively and strategically communicate those developments and their projected impact on the College; - Coordinate and maintain robust compliance and risk management programs campus-wide; understand and analyze the environment for risk and prepare a strategy for managing change and mitigating risk across campus operations; - Act as primary liaison to the Audit Committee of the Board, responsible for meeting minutes, reporting on financial results and risk, preparing special written reports, and engaging in discussion with the Committee; - Provide staff development and supervision within the Controller's Office; interview, hire, and train new employees; coach and evaluate performance; mediate disputes; set priorities and standards; - Identify strategic opportunities to improve processes within the department and throughout the College, including involvement in establishing practices for new initiatives within the College; assist departments as they try to develop and advance their own programs and capabilities; - Establish effective cash management practices; design and maintain an effective cash forecasting system and project long-term liquidity needs; establish and maintain relationships with the College's banking partners and other financial institutions; remain current on treasury trends and services; - Ensure timely payment of debt service, compliance with bond covenants, and post-issuance debt compliance requirements; - Coordinate the review, selection, testing, implementation, and maintenance of all software utilized for financial reporting and other function of the Controller's Office; - Understand and assist with budget development, budget monitoring, and periodic projections of budgeted and financial statement results; - Lead training and educational efforts to enhance the community's understanding of and access to the relevant financial/budget/accounting concepts, terminology, systems and data; - Enhance speed, accuracy, efficiency and productivity of accounting operations, and save organizational costs through introducing emerging technologies or other methods; and - Serve on various College committees and maintain cooperative working relationships with other individuals and departments within the Finance group and throughout the College. QUALIFICATIONS AND EXPERIENCE The ideal candidate will be a proven financial leader with progressive accounting experience related to fiscal affairs. The Controller will have a successful record of financial management within higher education, healthcare, consulting, or in a similar non-profit environment. The best candidates will demonstrate evidence of many of the following qualities: - A minimum of 8 years of experience as an accounting professional, including senior management experience; strong preference for experience in higher education but extensive experience with a similar non-profit or a public accounting firm with a higher education client base may be considered; - Demonstrated experience in the oversight of the general ledger, accounts receivable, accounts payable, purchasing, payroll, grants, plant/capital accounting, and fund accounting; - Knowledge of and experience with accounting information and ERP systems with a preference for experience with such a system's implementation, upgrade and/or re-design; proficiency with Microsoft Office applications, email, and other productivity and communication tools; - Ability to work collaboratively and to effectively lead staff; committed to the value of diversity in the workplace; - Strong organizational, analytical, interpersonal, problem-solving, and customer service skills; ability to effectively communicate orally and in writing complex financial information to constituencies with varied levels of financial expertise; - Integrity, the highest ethical standards and the ability to handle confidential information appropriately; - High level of professionalism, motivation, enthusiasm, initiative, self-direction, and the ability to work under pressure and manage numerous deadlines simultaneously; - A bachelor's degree is required; an MBA or other advanced degree in accounting, finance, business or a related field from an accredited program is preferred; and a CPA certification is highly desirable.
Salary Range: NA
Minimum Qualification
8 - 10 years

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