Boston University · 9 hours ago
Associate Vice President & University Controller, Financial Operations
Boston University is a prominent institution dedicated to academic excellence, and they are seeking an Associate Vice President & University Controller to lead financial operations. This role involves maintaining accounting records, providing financial reporting, ensuring compliance with regulations, and overseeing a large accounting staff.
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Responsibilities
Responsible for staff development, including assisting managers as they formulate the development plans for their teams. Direct reports include: Associate Controller, Payroll Services, Assistant Vice President of Student Financial Services (SFS) who oversees Student Customer Service, Cashier Services, and Student Loans & Collections, Assistant Vice President of Financial Accounting & Reporting and Tax Services, Associate Controller of Research Financial Operations, including Grant and Miscellaneous Receivables, and Property Management
Design, establish, and maintain an organizational structure and staffing to effectively accomplish organizational goals and objectives; recruit, employ, train, supervise, and evaluate personnel staff
Review month-end close reporting to university leadership and prepare monthly board committee presentations based on University’s financial performance. Prepare routine and ad hoc financial analysis and reports for senior leadership
Oversee the preparation of university’s consolidated financial statements including footnotes and preceding Management Discussion & Analysis (MD&A) in accordance with GAAP. Serve as a liaison with the University's external auditors and is responsible for leading all external financial audits (Financial Statement, Uniform Guidance, NCAA, UFR, and others as needed). Serve as staff to Board of Trustee’s Audit Committee
Responsible for establishing an internal control environment related to financial information and the accounting for the University's assets
Act as committee member for various subsidiaries, related parties, task forces, and working groups collaborating with internal and external partners
Qualification
Required
CPA qualified and master's degree (MBA, MSA or its equivalent)
12+ years of experience in financial accounting management, specifically serving in a central finance role within an institution of higher education for five (5) years, including being responsible for supervising, hiring, and evaluating staff
Demonstrated subject matter expertise in principles of internal controls, compliance, and GAAP
Adept at communication, negotiation, influencing, critical thinking, collaboration, problem solving and empathy
Excellent analytical skills & demonstrated effectiveness dealing with complex processes & systems; Knowledge of report writing applications
Demonstrated success managing staff & office operations; Strong leadership & team-building skills
Strong time management and planning skills required to coordinate and prioritize multiple projects simultaneously while adapting to changes in business requirements in a fast-paced environment
Self-motivated, proactive, intellectually curious
Preferred
Extensive experience working in SAP and/or other reporting tools, enterprise-wide accounting software (i.e. Oracle, People Soft, Banner, ERP), Campus Solutions, Microsoft Office Suite
Benefits
Health, dental, life insurance, and paid time off
Tuition remission for courses at Boston University
The remission benefit extends to dependents as well
Company
Boston University
Boston University is one of the leading private research and teaching institutions in the world today, with three primary campuses in the heart of Boston and programs around the world.
Funding
Current Stage
Late StageTotal Funding
$17.6MKey Investors
National Institutes of HealthNational Institute on Aging
2023-09-15Grant· $13.7M
2023-04-03Grant· $3.9M
Leadership Team
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