Assistant Controller - Foundations

Southwest Virginia Higher Education Center; Norfolk, Northern (VA, KY); Hybrid; USD 95,000 - 125,000; Full time

Job summary

Southwest Virginia Higher Education Center seeks an Assistant Controller - Foundations to supervise daily financial operations of multiple nonprofit foundations, ensuring GAAP compliance and accurate reporting.

This role oversees budgets, audits, and liaison with external auditors, with back-up to CFO - Foundations. CPA preferred; not-for-profit experience highly valued.

Qualifications

• Master's degree in accounting or related field is required or a Bachelor's with equivalent experience.
• Comprehensive knowledge of GAAP and financial reporting practices.
• Experience with not-for-profit accounting and fund accounting software.

Responsibilities

• Supervise day-to-day financial operations of multiple nonprofit foundations.
• Oversee preparation of internal and audited financial statements and other reports.
• Manage general ledger, reconciliations and analysis; monitor budget process.

Skills

Financial reporting

Excel

Leadership

Communication

Not-for-profit accounting

GAAP knowledge

Education

Master's degree in accounting or related field

Bachelor's degree with equivalent experience

Tools

MIP Fund Accounting

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.