Assistant Vice President For Finance and Controller

University of Hartford; West Hartford (CT); On-site; USD 160,000 - 175,000; Full time

Job summary

University of Hartford is seeking an Assistant Vice President for Finance and Controller to lead the university's financial reporting and internal control framework under the CFO. This role oversees Financial Accounting Services, Payroll, and Bursar operations and interacts with university committees and the Board.

The position requires a Master’s degree or CPA, strong GAAP knowledge, and proven leadership in higher education finance.

Qualifications

• Master’s degree required and/or CPA required.
• Experience in financial accounting, reporting and internal controls.
• Ability to manage audits and regulatory compliance.
• Strong leadership and communication with the Board and committees.
• Knowledge of Banner System.

Responsibilities

• Lead financial reporting and internal controls for University operations.
• Oversee audits and regulatory compliance; interact with internal/external auditors.
• Manage Financial Accounting Services, Payroll, and Bursar operations.
• Present monthly, quarterly and annual financial statements to internal and external stakeholders.
• Assist CFO on ad hoc projects and debt policy oversight.

Skills

Financial reporting

Internal controls

GAAP

Auditing

Regulatory compliance

Leadership

Education

Master's degree

CPA

Tools

Banner System

Job description

Assistant Vice President For Finance and Controller

Position Title Assistant Vice President For Finance and Controller

FLSA Classification

FLSA Classification EX

Reports to

Reports to Vice President for Finance and Chief Financial Officer (CFO)

Salary Range

Salary Range A

Weeks Per Year 52

Work Week

Work Week 40 hours (minimum)

Position Summary

Assumes responsibility for the management of the University of Hartford’s overall financial reporting and internal control structure under the direction of the Vice President for Finance and Chief Financial Officer ( CFO ). Directs and oversees financial reporting in compliance with generally accepted accounting principles as well as regulatory and statutory requirements that support the University’s financial operation and safeguard its assets. Provides management, guidance and direction to Financial Accounting Services, Payroll, and Accounts Receivable Operations. Performs all duties in full support of the University’s mission, understanding that the positive and effective execution of these duties are instrumental to the education of the University’s students.

Hiring Range

Hiring Range Budgeted salary is $160,000 to $175,000, depending upon experience

Key Responsibilities

Key Responsibilities

• This position has frequent visibility to and interaction with the University’s Board or Regents and plays a key role in preparation and reporting during University Sub-Committee meetings.
• Assumes responsibility for the development, implementation and maintenance of a comprehensive system of internal controls and procedures designed to comply with federal and state requirements, generally accepted accounting principles and institutional policies and procedures. Oversees internal and external audits and preparation of audit reports. Interprets accounting rules and regulatory requirements that pertain to the University, trains staff in the execution of such requirements as well as develops related policies and procedures which are communicated effectively to the University community in a timely manner. Handles highly sensitive information with confidentiality and tact.
• Provides strong leadership and oversight over the integrated financial accounting system in an effort to ensure the continuous refinement of business processes designed to increase overall efficiencies and effectiveness within processes/systems functions to provide reliable, auditable financial data, that these processes/systems are linked appropriately to other systems throughout the University, and that such processes/systems provide information useful to management for business process re-engineering and for decisions making.
• Consistently analyzes financial data and presents financial reports in an accurate and timely manner. Clearly communicates monthly, quarterly and annual financial statements and pertinent information to internal constituents as well as external groups.
• Prepares regulatory and financial reports as well as federal and state tax filings as required to satisfy federal, state and higher education requirements. Prepares, analyzes and/or interprets data for presentations of audit results, financial statements and IRS Form 990 to the appropriate Board Committee(s) throughout the year.
• Assumes responsibility for the oversight of several institutional business units, including Financial Accounting Services, Payroll and Bursar’s Office. Provides management guidance, direction and evaluation to ensure that the daily operations of these units comply with all regulatory requirements as well as meet the needs of the University community. Develops, implements and maintains the University’s debt policy in an effort to ensure debt compliance with bond covenants.
• Serves as liaison and/or leads on various University committees as deemed necessary and/or appropriate. Assists the CFO with staffing the Investment, University Resources, and Audit Committees of the Board of Regents and directs the activities associated with the security and investment of the University’s assets and funds.
• Establishes, cultivates and maintains effective working relationships with external auditors. Serves as a primary liaison with the University’s independent auditors. Recommends and implements changes with regard to audit findings. Oversees and/or participates in all other external audit activity.
• Assists the CFO with special ad hoc projects pertaining to highly sensitive issues and performs other related duties as assigned.

Posting Number

Posting Number PS1251P

Working Conditions

Normal office situation, requires travel including overnight stays.

Education

Master’s degree required and/or CPA required

Physical Effort

Typcially sitting at a desk or table, light lifting or carrying 25 lbs or less.

Special Skills

The ability to work effectively with diverse groups.
CPA
Higher Education experience
Knowledge of Banner System

Required fields are indicated with an asterisk (*).

• What is the highest level of education attained?
  • GED
  • High School Diploma
  • Technical School, Certification or Apprenticeship
  • Associates Degree
  • Bachelors Degree
  • Masters Degree
  • Knowledge of a highly advanced professional discipline. (e.g., Ph.D, M.D., J.D., or equivalent doctoral degree required.)
• How did you hear about this employment opportunity?
  • Public Job Posting
  • Internal Job Posting
  • Agency Referral
  • Advertisement/Publication
  • Personal Referral
  • Website
  • Other

Documents Needed to Apply

Required Documents Optional Documents

• Resume
• Cover Letter
• Letter of Recommendation - Staff
• Statement on Inclusive Excellence and Belonging

200 Bloomfield Avenue
West Hartford, CT 06117