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Inside Higher Ed · 4 days ago

Associate Vice President & University Controller, Financial Operations

Boston, MA

Full-time

Onsite

Director/Executive

$250K/yr - $300K/yr

12+ years exp

Inside Higher Ed is seeking an Associate Vice President & University Controller for Financial Operations at Boston University. This role is responsible for maintaining the university's accounting records, ensuring accurate financial reporting, and leading a team of over 65 staff members in various financial departments.

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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

CPA qualifiedFinancial accounting managementInternal controls expertiseGAAP complianceSAP experienceAnalytical skillsLeadership skillsTeam-building skillsEmpathyIntellectually curiousCommunication skillsProblem solvingTime managementCollaborationCritical thinkingSelf-motivated

Required

CPA qualified and master's degree (MBA, MSA or its equivalent)

12+ years of experience in financial accounting management, preferably public accounting within an institution of higher education, of which the last five (5) years have been in a supervisory or managerial capacity and included supervising, hiring, and evaluating staff. Note: Seven (7) years of audit experience of higher education with managerial responsibilities may be an appropriate substitute

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