Director of Accounting and Financial Reporting/Controller

Benedict College•Columbia, SC

9d•Onsite

About The Position

INSTITUTION DESCRIPTION : Founded in 1870 by a woman, Bathsheba A. Benedict, Benedict College is a private co-educational liberal arts institution with over 1,700 students enrolled in its 26 baccalaureate degree programs and 2 master's degree programs. Defying trends, Benedict College maintains a nearly equal male and female student population. This Midlands HBCU has welcomed students from all 46 counties in South Carolina, 30 states across America, and 26 countries around the world. JOB 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 to 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.

Requirements

Bachelor’s degree or equivalent in business administration, accounting, finance, or closely related field.
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.
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, and Share Point.
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
A valid driver’s license is required.

Nice To Haves

A Master’s degree or professional certification as a CPA or CMA is preferred.
Experience in higher education or a closely related field is preferred.
Experience with Jenzabar or other higher education ERPs is preferred.

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, etc. 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 vs. 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.