Position Overview: The Associate Vice President, Accounting/Finance and Controller provides administrative and fiscal leadership for the college’s financial services and business operations. The Associate Vice President oversees the management and operation of financial services units, including accounting, accounts receivable, accounts payable, bursar, financial reporting, payroll, procurement, and auxiliary services, and ensures financial integrity and regulatory compliance.
- Anticipate and lead change to improve internal processes. Provide all consultation and support necessary to VP, CBO and EVP, CFO and other senior management in the development and monitoring of College financial policies and procedures. This may include attendance at meetings and presentations before any and all institutional boards and committees.
- Provide direct supervision over the financial services teams. Ensure prompt, effective customer-focused service delivery of financial services including Accounting, Bursar’s Office, Payroll, Procurement and Accounts Payable functions. In partnership with respective functional leaders, oversight for personnel related actions such as hiring, performance appraisal, development, promotion, counseling, and exit.
- Oversee internal controls systems to ensure effective financial operations, safeguard the institution’s assets and provide reliable financial information.
- Provide support to the VP,CBO and EVP, CFO as the primary resource with respect to technical accounting (GAAP and regulatory) and tax guidelines. Oversee activities of the accounting department for timely and accurate maintenance of the general ledger and financial management reporting.
- Provide consultation, and technical assistance in the preparation, presentation, and monitoring of the operating and capital budgets and provide support in the formulation of long-term financial forecasts and strategic planning.
- Responsible for the financial accounting and reporting, including formal analytical review of all material balance sheet, income statement, and donor funds.
- Collaborate on the development of documentation for and provide training programs to non-finance departments with respect to financial policies and procedures
- Provide day to day consultation and coordination of functions with the Director of Procurement to assure control over college expenditures.
- Provide consultation and technical assistance to the Payroll and HR department to assure proper accounting and reporting of payroll and related expenses.
- Responsible for the preparation of all required reports to Federal, State, City, and other regulatory bodies and groups for taxes, licenses, and other purposes.
- Direct all audits conducted by regulatory agencies. Direct the completion of annual audits and outside regulatory reviews.
- Bachelor’s degree in business administration or accounting, required.
- Master’s degree with concentration in finance or accounting, preferred.
- CPA required.
- Demonstrated ability to motivate diverse teams to produce quality materials within tight timeframes and simultaneously manage several projects. The individual in this role must be able to guide a team to complete milestones within, or advance of, stated deadlines.
- Detail oriented and organized
- In-depth knowledge of principles, practices and theories related to budgeting and financial analysis in ever-changing environment.
- Project management skills and the ability to design solutions for internal/external constituents, preferred.
- Strong communication skills, appreciation of diversity and an ability to foster an inclusive environment.
- At least ten years of experience in positions of increasing fiscal responsibility in non-profit or government accounting or control. Experience of Higher Education is preferably. At least three years of management of direct reports.
- Proficiency in non-profit or government accounting with a knowledge of GAAP. Familiarity with financial accounting standard and IRS rules and regulations, cash management skills, experience with complex integrated automated systems.
- Excellent planning, organizational, and coordination skills commensurate with oversight and evaluation responsibilities for a complex set of business and fiscal functions.
- Ability to effectively communicate clearly both verbally and in writing, and to establish and maintain effective working relationships with administration, staff, faculty, students, and external contacts. Experience with and appreciation of diversity, equity, and inclusion.
- Financial experience in a major not-for-profit educational, research, scientific or engineering institution, preferred.
- Experience with Jenzabar (CARS), data querying tools (Cognos, Adaptive Insights, etc.), relational databases, and Microsoft Office applications, preferred.
- Experience with and appreciation of diversity, equity, and inclusion.
To Apply: Please apply online with cover letter and resume.
Merrimack college is committed to building a culturally and racially diverse community, based on the values of diversity, equity and inclusion. We strongly encourage applications from members of underrepresented groups. Candidates are encouraged to describe in their application previous activities or interests related to equity, diversity, and inclusion, as well as how they will engage in fostering a culture that values diversity and inclusive excellence at Merrimack College.
This position is subject to the successful completion of a criminal background check.
Merrimack College is an Equal Opportunity Employer.
Position Code: 0608