Clark University’s Financial Services department seeks to fill the position of Controller and Assistant Treasurer. Reporting to the Executive Vice President, Treasurer, and Chief Financial Officer, the successful candidate will be responsible for all university accounting, financial reporting, and audit functions, and assumes a leadership role in ensuring compliance with tax and other laws, rules, and regulations of governmental authorities of all jurisdictions within which Clark University operates.
The primary responsibilities for this position are to develop, implement, and maintain effective accounting, reporting, and control systems to ensure the protection of all University assets, and to provide first class financial customer-centric services to all members of the University community.
Duties and Responsibilities:
Direct the University’s accounting and internal control functions and maintaining the official financial records.
Oversee the analysis and preparation of University and subsidiary financial statements and required reports and disclosures to all governmental agencies; Ensure that the financial statements are prepared in accordance with generally accepted accounting principles.
Coordinate with the external auditor(s) on their annual review of the financial statements and controls environment.
Coordinate with the Outsourced Chief Investment Officer (OCIO) firm all transactions related to the University’s Endowment investments of approximately $460 million.
Implement and evaluate the internal control environment throughout the University in compliance with federal, state and university policies and present recommendations policy changes to senior leadership when appropriate.
Identify opportunities and implement best practices for continuous improvement, such as automation or other technical solutions.
Working closely with the Director of Sponsored Programs, manage research and grant accounting, including the submission of all reports to principal investigators and granting agencies on a timely basis.
Direct all student accounts functions, including current receivables and loan collections.
Oversee accounts payable and payroll functions.
Supervise, mentor, and develop all employees of the Financial Services Department ensuring a respectful and inclusive environment that promotes absolute integrity and impeccable customer service.
Oversee the preparation of the university’s tax returns, including the 990, the 990T for unrelated business income, state filings, and 403B requirements for defined contribution retirement programs.
Staffs the Audit Committee of the Board of Trustees and assists the Executive VP in staffing the Finance and Investment Committees.
Responsible for assessing new accounting pronouncements and implementing in conjunction with Executive VP and other campus leadership.
Oversee treasury functions and relationships with financial institutions.
Provide internal accounting reports and presentations that serve operating department needs.
Manage university cash flow, and invest surplus balances to ensure safety, cash availability, and optimum investment earnings.
Negotiate university indirect cost and fringe benefit rates.
Manage University financial systems and work closely with Information Technology Services to ensure data security and accurate and effective information availability to campus constituents
Collaborate with the Chief University Budget Officer on issues pertaining to financial reporting and tracking.
Serves on a number of University committees and is one of key university administrators focused on identifying and managing strategic and operational risk.
A minimum of 10 years of successful leadership experience in accounting, reporting, and control functions within a large corporate or not for profit environment, with demonstrated ability to be responsible for significant assets and numbers of employees.
CPA, MBA, or equivalent preferred, but superior relevant experience may substitute.
Comprehensive understanding of US Generally Accepted Accounting Principles (GAAP) including extensive knowledge of FASB pronouncements and other accounting guidance, investment accounting, not-for-profit accounting and Department of Education Title IV, and Federal Uniform Guidance.
Knowledge of IRS and other tax rules.
Excellent financial, technology, and analytic skills; Experience with Banner preferred.
Demonstrated effectiveness in working with a diverse population of both employees and customers of the financial services provided.
Strong organizational and leadership skills.
Strong oral and written communication skills.
Prior experience working with and contributing to a diverse workplace with the ability to interact effectively with a broad range of constituents on campus.
This is a full-time, 40 hours per week, 12- month position with excellent benefits, which include employee and family tuition benefits, 4 weeks’ vacation, generous retirement plan, free use of campus fitness center and many more.
Due to the sensitivity and requirements for this position, a successful background check will be required upon acceptance.
Priority will be given to applications received by March 6, 2020. The expected start date will be early May 2020. Salary will be commensurate with skills and experience.
Please email résumé and cover letter to email@example.com . Applicants must reference Job code 199861 in the subject line to be considered for this position.
Clark University embraces equal opportunity and affirmative action as core values: we believe that cultivating an environment that embraces and promotes diversity is fundamental to the success of our students, our employees and our community. This commitment applies to every aspect of education, services, and employment policies and practices at Clark. Our commitment to diversity informs our efforts in recruitment, hiring and retention. All positions at Clark share in the responsibility for building a community that values diversity and the uniqueness of others by exhibiting integrity and respect in interacting with all members of the Clark community to create an atmosphere of fairness and belonging. We strongly encourage members from historically underrepresented communities, inclusive of all women, to apply.
Internal Number: 199861
About Clark University
Founded in 1887 as the first all-graduate-studies institution in the country, Clark University is a renowned liberal-arts-based research university with a distinguished research pedigree. Our small size affords not only an environment supportive of student learning, but also unique opportunities for interdisciplinary research. Clark’s support of faculty research exceeds that typically found at commonly sized institutions and supports exceptional opportunities for student research at the graduate and undergraduate levels. Located in the heart of New England, Worcester, Massachusetts, Clark enrolls approximately 2,200 undergraduate and 1,100 graduate students.