Position Description & Responsibilities
The Director of Accounting is responsible for helping to maintain the financial health of the College as directed by the Controller. This includes, but is not limited to, the handling of daily transactions, month-end closing responsibilities, year-end audit responsibilities, outside agency reporting, and other job-related duties as assigned. This position also is responsible for helping to create or change, implement, and enforce accounting policies and procedures as required to maintain the fiscal growth and success of the College.
- Working with the Controller, prepare monthly financial statements which include balance sheet, statement of activities and cashflow statement.
- Manage the month end closing including coordination of recurring journal entries and account analysis and reconciliation.
- Working with the controller, ensure proper internal controls (implementing, monitoring, enhancing), and database management.
- Train and supervise Fiscal Office staff.
- Assist Controller as needed.
- Review and perform daily accounting processes including account reconciliations, variance analysis and related general ledger transactions.
- Oversee A/R, Sales & Use/Meals Tax transactions.
- Review and approval of accounting staff journal entries and account reconciliations.
- Assist the Controller in the day-to-day operation of the accounting department.
- Assist in the preparation of the Financial Statement annual audit and related financial statement compilation in accordance with FASB accounting principles related to not-for-profit organizations and private colleges and universities, including footnotes, audit binder and supporting schedules.
- Ensure that temporarily restricted and permanently restricted funds are reconciled quarterly.
- Establish and maintain appropriate records and work with departments to insure Funds are spent timely and accurately.
- Assist in the preparation of all required reports to federal, state and other regulatory agencies and groups, including but not limited to (NCAA, IPEDS, etc.).
- Perform other duties and responsibilities as assigned by the Associate Vice President of Finance/Accounting and Controller or VP CBO.
- Bachelors degree in Accounting/Business Administration required.
- Master’s degree with concentration in finance or accounting, preferred.
- Excellent communication skills to effectively communicate with staff and internal/external constituents
- CPA preferred, not required.
- 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.
- Extremely detail oriented with excellent planning, organizational, and coordination skills.
- Commitment to diversity, equity and inclusion.
- Atleast seven years of experience in positions of increasing fiscal responsibility in non-profit or government accounting or control.
- Experience of Higher Education is preferred.
- Experience with Jenzabar (CARS), data querying tools (Cognos, etc.), relational databases, and Microsoft Office applications, preferred.
Statement on Our Mission
Merrimack College is a Catholic Augustinian institution of higher education committed to building a culturally and racially diverse community. Our mission is to enlighten minds, engage hearts and empower lives and is inspired by our Catholic faith and the Augustinian tradition of seeking truth through inquiry and dialogue.
Merrimack College seeks candidates who understand, respect and can contribute to Merrimack’s Augustinian mission and values and advance our work in the area of diversity, equity and inclusion. We strongly encourage applications from members of underrepresented groups. All candidates should describe in their application previous experience related to equity, diversity, and inclusion, as well as how they will engage in fostering a culture that supports our Augustinian mission, our Catholic faith and our values of diversity, equity and inclusion.
Application materials should include:
- Cover letter stating motivation and interest in the position, citing experience relevant to the qualifications and including experience with, and commitment to, our Catholic Augustinian mission, our values, and our desire to be a more diverse, equitable and inclusive institution of higher learning.
- Resume or Curriculum Vitae
- This position is subject to the successful completion of a criminal background check.
Required Vaccinations & Remote Work:
Unless otherwise stated above, this is an on-campus position. This is not a remote or hybrid position as employees are essential in order to provide a fully on-campus, residential college experience for our students and the community.
Merrimack College currently has a COVID-19 Vaccination Policy. Students, faculty and staff are required to be vaccinated for COVID-19.
About Merrimack College:
The only Catholic, Augustinian institution of higher education in New England, Merrimack College is a private, independent, coeducational institution with more than 5,000 undergraduates and graduate students from 32 states and 37 countries, and comprises schools of liberal arts, science and engineering, health sciences, education and social policy, and business. The college’s 260- acre campus is approximately 25 miles north of Boston in North Andover and Andover, Massachusetts. Merrimack is a Master’s Colleges & Universities/Medium Programs institution in the Carnegie Classification of Institutions of Higher Education. Merrimack is one of the fastest growing educational institutions in the country and has steadily climbed up U.S. News & World Report’s ranking of Best Colleges, coming in 46th out of 170 schools ranked in the Regional Universities North category in 2020. Merrimack is also listed as one of the top 10 most innovative schools and placed 35th for best undergraduate teaching programs among schools in the U.S. News category.
Merrimack College is an Equal Opportunity Employer.
Closing Date: 10/9/21
Position Code: 628