Princeton University in New Jersey
|Date Posted||August 8, 2014|
The Finance & Treasury division of Princeton University seeks an experienced professional to direct financial and accounting activities and be a part of a leadership team helping to guide the University through a major systems transformation.
The Associate Controller reports to and assists the Controller in establishing and implementing the accounting policies of the University. S/he oversees the preparation of the University's audited financial statements, manages the requirements of the annual external audit, and has responsibilities for property and plant accounting, debt program accounting and administration, reconciliation and analysis of various accounts, and certain tax compliance duties. The Associate Controller is also responsible for meeting numerous financial reporting demands for internal management, budgeting, regulatory, fiduciary, industry, and tax reporting purposes.
The Associate Controller directs a managerial staff of three (and total staff of seven). The person in this position collaborates with internal and external parties to complete various audits, compliance reports, etc. S/he position manages numerous deadlines (general ledger closings, board materials, financial statement filings, survey filings) throughout the year.
Primary duties include:
- Prepare the annual financial statements of the University and various affiliated entities in accordance with generally accepted accounting principles. Evaluate new authoritative accounting pronouncements, assess their impact on the University's financial statements, and coordinate their implementation. Develop and implement accounting policies and procedures. Support the Finance & Treasury division with expertise on technical accounting matters. Manage the year end closing process.
- Coordinate and manage the annual external audit of the University's financial statements and ancillary audits including the retirement plan, the athletics department, and government sponsored programs, among others. Assess and manage the impact of new generally accepted auditing standards, AICPA guidance, and government audit standards applicable to federal and state sponsored programs. Coordinate the documentation and assessment of internal controls over financial reporting.
- Prepare financial and operational reports, surveys, reconciliations and analyses for various governmental agencies, industry publications, continuing disclosure repositories for debt securities, tax reporting, and various internal financial management and budgeting purposes.
- Design, implement, maintain and operate accounting and reporting systems including the University's PeopleSoft Financials general ledger, certain feeder systems, interfaces, and journals, as well as the chart of account structure and information warehouse reporting tool. Ensure that such systems meet various management and regulatory reporting requirements imposed by GAAP, tax, sponsored programs and donor restrictions.
- Direct various financial and accounting activities with a managerial staff of three (and total staff of seven) in the Controller's Office including: property and plant accounting; debt program accounting, administration and bond issuance; bank account administration and reconciliations; inventory, agency and suspense account reconciliations; and certain tax compliance responsibilities such as Form 990 reporting and escheat, among others.
- Bachelor's degree
- 7 to 10 years of public accounting and/or industry work experience.
- Demonstrated ability to handle multiple assignments and respond quickly to changing business needs and priorities
- Strong organizational skills, attention to detail, and the ability to manage multiple projects and deadlines effectively
- Effective supervisory experience
- Leadership skills
- Accounting experience with complex not-for-profit organizations and government sponsored programs
- Master's degree in business
The final candidate will be required to successfully pass a background check.
To apply, go to: http://jobs.princeton.edu, and submit cover letter and resume to Requisition #1400537.
Princeton University is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.