Assistant Controller, U.B. Foundation

State University of New York at Buffalo; New York (NY); On-site; USD 75,000 - 95,000; Full time

Job summary

The University at Buffalo Foundation (UBF) seeks an Assistant Controller to oversee accounting operations, financial reporting, budgeting, and compliance for UBF and its affiliates. This role supports monthly closes, investment accounting, and external audits while guiding staff toward accurate, timely financial deliverables.

Strong GAAP knowledge, advanced Excel, and experience in real estate and investments are essential.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Five to seven years of progressive accounting and financial management experience.
• Experience with financial reporting, budgeting, audits, investments, and real estate accounting.
• Strong knowledge of GAAP and financial reporting.
• Advanced proficiency in Microsoft Excel and Office.
• Ability to analyze financial information and provide recommendations.
• Experience in preparing financial statements and disclosures for year-end audit.

Responsibilities

• Oversee daily accounting and general ledger activities.
• Lead monthly and annual close, journal entries, reconciliations.
• Manage investment accounting, reporting, and audit support.
• Guide accounting staff and promote process improvements.
• Oversee financial reporting and compliance for real estate operations.
• Support annual audits and prepare financial statements and footnotes.

Skills

GAAP knowledge

Advanced Excel

Financial reporting

Audits experience

Budgeting

Real estate accounting

Investment accounting

Education

Bachelor's degree in Accounting/Finance

CPA preferred

Master's degree preferred

Tools

AccuFund

Microsoft Office

Job description

Your future begins here – great benefits, great people. Join us today! The University at Buffalo Foundation ( UBF ) is searching for an Assistant Controller to join our team. This position supports accounting operations, financial reporting, financial analysis, audit preparation, budget activities, and compliance functions for UBF and its affiliated entities.

Responsibilities for this position include, but are not limited to:

• Perform daily accounting operations and general ledger activities, including cash management, banking, property and asset accounting, and real estate accounting and reporting.
• Participate in monthly and annual financial close processes, including journal entries, account reconciliations, accruals, and financial statement preparation.
• Oversee investment accounting activities, including reconciliations, reporting audit support, and management of investment accounting software.
• Provide general guidance to accounting staff while promoting teamwork, accountability, and continuous process improvement throughout the department.
• Oversee accounting, financial reporting, and compliance activities for UBF real estate operations and affiliated entities.
• Review and maintain capitalization policies, depreciation schedules, tenant lease agreements, and related accounting records.
• Prepare and review financial statements, property operating reports, rent receivable and accrual schedules, debt service coverage schedules, and other management reports.
• Assist in the preparation of annual audited financial statements, related footnotes, and reviewed financial statements.
• Support audit activities and serve as a key contact for external auditors, ensuring timely completion of audit requirements and deliverables.
• Assist with the annual budgeting process for UBF and affiliated organizations, with a particular focus on the real estate entity budgets, including budget preparation, financial modeling, forecasting, variance analysis, and management reporting.
• Coordinate debt-related reporting, compliance requirements, disclosures, and audited financial statement footnotes.
• Facilitate debt instrument renewals and maintain communications with consultants and external parties.
• Prepare and submit required annual reports to lenders, rating agencies, bondholders, and regulatory organizations.
• Monitor compliance with debt covenants and reporting obligations.

Our benefits , where we prioritize your well-being and success to enhance every aspect of your life.

University at Buffalo is an affirmative action/equal opportunity employer and, in keeping with our commitment, welcomes all to apply including veterans and individuals with disabilities.

Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Five to seven years of progressively responsible accounting and financial management experience, preferably in nonprofit, higher education, real estate, investment, or public accounting environments.
• Demonstrated experience with financial reporting, budgeting, audits, investments, and real estate accounting.
• Strong knowledge of GAAP and financial reporting requirements.
• Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
• Ability to analyze financial information and develop practical recommendations.
• Experience in preparing financial statements and disclosures for year-end audit.

Preferred Qualifications

• Master’s degree preferred. Certified Public Accountant ( CPA ) license strongly preferred.
• Experience leading projects and collaborating across departments preferred.
• Experience with accounting and financial management systems; AccuFund experience desirable.

Physical Demands

Driving Requirements This position will never drive a university owned vehicle.

Salary Range

Salary Range $75,000 - $95,000

Additional Salary Information

The salary range reflects our good faith and reasonable estimate of the possible compensation at the time of posting, the role and associated responsibilities, and the experience, education, and training of the selected candidate.

Job Type

Full-Time

Campus

North Campus

Background Check Required

Yes

Background Check Notification

Employment in this position will be contingent on the university’s verification of credentials and any other information required by federal or state law, and University at Buffalo policies, including the completion of a criminal history check.

Contact Information

Contact's Name Lisa Adamshick

Contact's Phone [phone]