Director of Financial Accounting & Reporting/Controller

POSITION IDENTIFICATION TITLE

Director of Financial Accounting & Reporting/Controller

CLASSIFICATION

Twelve-month, exempt, at-will, full-time position

IMMEDIATE SUPERVISOR 

Vice President Finance & Operations/CFO

POSITION 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 College’s accounting and budgeting functions.  This position is responsible for maintenance of the College’s 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 t 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 College’s budgeting guidelines.

MINIMUM AND PREFERRED QUALIFICATIONS

Education:

Bachelor’s degree or equivalent in business administration, accounting, finance, or closely related field.

A Master’s degree or professional certification as a CPA or CMA is preferred.

Experience:

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.

Skills:

• 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 Access, One Drive. One 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 driver’s license is required.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review monthly general ledger transactions, financial statements and budget reports for the Total College
• Provide financial statements and written analysis for the College’s 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, 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 VP’s
• Provide written analyses of budget 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 College’s 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.

APPLICATION PROCEDURES:

Please submit a Benedict College Employment Application which is on the College’s website (www.benedict.edu) along with a resume, three letters of reference and an official transcript. No phone calls please; the position will be open until filled. Applicant information should be submitted to:

Office of Human Resources

Benedict College

1600 Harden Street

Columbia, SC 29204

Or submit via email at

Human.Resources@benedict.edu