Connecticut State Community College · 2 months ago
Chief Accounting Officer and Controller
New Britain, CT
Full-time
Onsite
Director/Executive
$165K/yr - $206K/yr
7+ years expConnecticut State Community College is committed to providing innovative education and training focused on student success. The Chief Accounting Officer and Controller will oversee financial accounting and reporting, internal controls, and treasury functions while assisting the CFO with strategic financial planning.
Higher Education
Responsibilities
Oversees all operations of accounting, financial reporting, grant accounting and reporting, accounts payable, accounts receivable, check writing and treasury functions, compliance, internal controls and other related functions
Ensures compliance with system-wide policies and develops, implements and oversees standardized accounting policies and procedures. Provides guidance and operational support to staff regarding accounting policies, procedures, and best practices
Prepares and provides year-end financial reports and analyses to the CSCU System Office for the audited CT State annual financial statement preparation. Works with outside auditors during the year-end audit process to ensure compliance with GAAP and GASB standards
Develops and implements financial reporting and control systems and procedures to ensure effective and appropriate tracking, management, and reporting on revenues, expenses, treasury and cash flow matters, assets, liabilities, and property. Ensures fiscal and accounting staff throughout the college are applying strong internal controls; takes remedial action when necessary
Keeps current regarding legislative developments, GASB and GAAP rules, federal regulations pertaining to higher education finance, CSCU policies and procedures, and other applicable accounting changes. Provides guidance to staff on changes that impact CT State’s fiscal and business operations
Assists in the preparation of high-level executive reports and analyses as required for collective bargaining negotiations, BOR initiatives, and other ad hoc requests. Oversees reporting to outside agencies such as the OHE, DAS, OSC and others. Ensures that accurate and consistent data and accounting standards are applied to all reports
Oversees and maintains the chart of accounts in consultation with the CSCU System Office
Promptly responds to all external and internal audit requests; reviews and approves all audit responses prepared by other fiscal staff
Responsible for significant personnel decisions for the CT State Accounting Department including staffing, hiring, firing, evaluation, promotion and training of employees
Coordinates with the Associate Vice President of Finance and Administration/ Deputy CFO to ensure quarterly cash reporting is aligned with budget and Finance Committee requirements
Coordinates with CT State Compliance Officer, Vice President of Human Resources, Vice President of Finance and Administration/Deputy CFO, and other executives to lead CT State audit responses and lead reforms
Serves on the college Compliance Committee
Qualification
Required
Master's degree in Accounting or a Certified Public Accounting (CPA) license
Seven (7) years of experience in a senior level finance or accounting
Ability to participate in consultative processes with faculty and student groups to achieve consensus and build greater integration amongst academic and non-academic units
Deep experience in change management within large and complex organizations
Ability to serve as a bridge between academic affairs, student affairs, enrollment management and administrative affairs, and facilitate positive and productive conversations amongst a range of internal and external constituencies
A student-centered orientation, with demonstrated experience building more diverse, equitable, and inclusive environments
Demonstrated commitment to sustainable and fiscally responsible management practices
Strong strategic planning and execution skills
Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and GASB
Knowledge of automated financial and accounting reporting systems
Knowledge of federal and state financial regulations
Ability to analyze financial data and prepare financial reports, statements and projections
Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects
Ability to facilitate group meetings
Experience with management of enterprise financial systems
Proven ability to effectively work with culturally, linguistically, and ethnically diverse faculty, staff, and students
Excellent interpersonal oral and written communication skills
Strong Information technology literacy skills such as Microsoft Office (Word, Excel, PowerPoint, Outlook, Teams etc.)
Preferred
Higher Education, Governmental, or Non-Profit background
Experience with external and internal audits conducted under State, Federal, and national frameworks
Banner experience
Project management experience
Higher education leadership experience
Benefits
Excellent State of CT medical insurance
Retirement
Generous leave policies
Several retirement plans
Many choices for comprehensive health insurance
Access to many additional benefits to save for retirement, protect your family & more with supplemental benefits
Tuition reimbursement may apply if applicable
Company
Connecticut State Community College
CT State Community College, headquartered in New Britain, is an associate degree and certificate-granting institution that serves 70,000 students, with 12 main campuses throughout Connecticut along with additional satellite locations.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
William (Terry) Brown
Associate Vice President for Strategic Operations & Partnership Development
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