Assistant Controller - Foundations

VP UNIVERSITY ADVANCEMENT; Norfolk (VA); On-site; USD 90,000 - 130,000; Full time

Job summary

VP University Advancement is seeking an Assistant Controller - Foundations to supervise day-to-day financial operations for multiple nonprofit foundations and ensure accurate financial reporting.

The role oversees the general ledger, reconciliations, audits, budgets, and financial analysis, partners with external auditors, and acts as back-up to the CFO - Foundations. A strong background in not-for-profit accounting and CPA is preferred.

Qualifications

• Master’s degree in accounting or related field required or substituted by equivalent experience.
• Comprehensive knowledge of GAAP and financial reporting principles.
• Experience with nonprofit accounting and fund accounting software preferred.
• Excellent Excel skills and ability to analyze complex financial data.
• Proven supervisory experience and strong communication skills.

Responsibilities

• Supervise day-to-day financial operations of multiple nonprofit foundations.
• Prepare or oversee preparation of internal and audited financial statements and reports.
• Manage general ledger, reconciliations, and budget process.
• Provide financial analysis, variance reviews, and mortgageing of AP and other tasks.
• Coordinate audits and serve as liaison with external auditors; back-up CFO - Foundations.

Skills

Analytical skills

Oral and written communication

Organizational skills

Decision making

Leadership / Supervisory skills

Education

Master's degree in accounting or related field

Bachelor's degree with substitution

Tools

MIP Fund Accounting

Fund accounting software

Excel

Job description

Title: Assistant Controller - Foundations

Agency: VP UNIVERSITY ADVANCEMENT

Location: Norfolk, VA

FLSA: Exempt

Hiring Range:

Full Time or Part Time:

Additional Detail

Job Description

The primary objective of the Assistant Controller - Foundations is to provide supervision of the day-to-day financial operations of multiple nonprofit foundations supported by Foundation Accounting while assisting each entity in carrying out their mission. This position will be responsible for completing/overseeing preparation of internal and audited financial statements and other financial reports, monitoring and managing all aspects of the general ledger to ensure accuracy as well as the completion of timely reconciliations, reviewing or providing periodic, or as needed, analysis and variances, coordinating or assisting with the budget process, managing general accounting, accounts payable, and financial analysis, ensuring Generally Accepted Accounting Principles are followed and researching accounting issues for compliance, making decisions related to/assisting with the development of processes and procedures, assisting with coordinating audits and serving as a liaison with external auditors, and serving as back-up to the CFO - Foundations.

Minimum Qualifications

• Master’s degree in accounting, business or related field from an accredited college or university is required. A bachelor’s degree in a related field with equivalent experience to a master’s degree may be substituted.
• Comprehensive knowledge of generally accepted accounting principles and practices.
• Considerable knowledge with financial reporting software.
• Comprehensive knowledge of Microsoft Excel.
• Effective oral and written communication skills.
• Demonstrated ability to prepare, assemble, review and analyze complex financial data.
• Strong organizational skills.
• Excellent decision-making skills.
• Demonstrated ability to exercise judgement and interpret administrative policies and procedures.
• Considerable progressively responsible experience in accounting or finance including recent experience as an Assistant Controller, or related position, and supervisory experience.
• Considerable supervisory experience including demonstrated ability to lead and direct the work of others.

Additional Considerations

• Considerable not-for-profit accounting experience.
• Considerable experience with MIP Fund Accounting or other fund accounting software.
• Current CPA certification preferred, other relevant certifications accepted.
• Some knowledge of commercial property accounting preferred.