Connecticut College is conducting a national search for an Associate Controller. Reporting to the Associate Vice President for Finance, the Associate Controller is responsible for leadership and oversight of several functional areas in the Accounting Office as well as the Banner Finance system and departmental reporting. The Associate Controller ensures high levels of customer service, providing professional, timely and accurate financial services to the College community. The Associate Controller identifies and resolves issues related to the areas of Endowment, Purchasing/Accounts Payable, Payroll, Accounts Receivable and Treasury within the Accounting Office operations, and brings them to the attention of the Associate Vice President for Finance as warranted. He/she is responsible for reviewing the work of departmental staff and assisting them with various issues as needed, including training. Areas of individual responsibility include maintaining accurate accounting records for the college endowment, investments, split-interest arrangements, and contributions. Responsibilities in the administration of the Banner Finance system include oversight of upgrade testing/implementation supported by the Functional Technical Lead, maintain system security and liaison with Information Systems area, oversee operational reporting supported by the Functional Technical Lead, oversee chart of accounts maintenance, and oversee interface reconciliations. Compensation includes and robust benefit package.

• Hire, train, develop and evaluate a staff of 5
• Plan, oversee, and review the work of department personnel in the areas of Endowment/Investment/Contributions Accounting, Accounts Receivable, Payroll, Accounts Payable/PCard, and Treasury. In these areas, lead the development, establishment and implementation of financial processes, internal controls, systems, policies and procedures that are effective, efficient and compliant with College policies, laws, GAAP, and higher education accounting standards. Working with Information Services, ensure compliance to PCI standards relating to payment card processing.
• Develop and maintain business process continuity and disaster recovery plans for critical functions in areas of responsibility
• Oversee the maintenance of records of fund participation in the endowment investment pool (processing gift and other activity into Banner endowment management system; reconciling and verifying accuracy of units; processing annual spending distribution/allocation of gains/losses)
• Perform administrative functions and maintain accurate investment accounting records for all of the college’s investments and split-interest arrangements, including charitable gift annuities, pooled income funds, and trusts (oversight of investment managers coordinated with investment consultant, processing trading and other investment activity; reconciling and verifying activity to bank and other records; recording related activity into the Banner general ledger and endowment management system, prepare reporting for Board of Trustees, other internal, external auditors)
• Oversee all general ledger and operating ledger reconciliations related to Accounts Receivable, Accounts Payable, Payroll and Treasury ensuring any reconciling items are resolved timely. Oversee reconciliations of gift revenue, including capital campaign reporting, and contributions receivable between Finance and Advancement modules. Maintain accurate accounting records for contributions receivable (prepare annual rollforward, calculate present value discount and allowance for uncollectible pledges). Ensure any reconciling items are resolved with Gift Accounting.
• Lead the annual audit process for financial statements and post-retirement benefit plans. Work closely with departments (Human Resources, Advancement) involved with the audits and monitor schedule request assignments/items, coordinate interim/year-end testing with auditors, prepare audit schedules and provide assistance to auditors. Work closely with the Assistant Controller-Financial & Compliance to ensure audit work is completed timely and accurately and assist with the preparation of annual financial statements and related footnotes
• Oversee and maintain the Banner Finance system including coordination of upgrade testing/implementation in conjunction with Functional Technical Lead. Oversee the set-up and maintenance of chart elements (fund type, fund, org, index) and rules. In coordination with Information Services personnel, administer Banner system security access for the Finance module. Oversee operational data reporting in conjunction with Functional Technical Lead. Design and run ad hoc reports and analyses as required
• Oversee Finance user training. Provide user support for Banner Finance including purchasing, Banner Self-Service, E-Print, Webfocus, and other finance related systems including PCard. Work closely with Assistant Director of Financial Planning, Director of Purchasing and others to ensure Finance user training is comprehensive of all Finance functions.
• Oversee monthly close process to ensure all activity is posted to the general ledger in a timely manner. Oversee interface reconciliations to monitor Banner general ledger processing. Review general ledger reconciliations and journal entries prepared by department personnel. Prepare general ledger reconciliations and journal entries for review by Controller
• Prepare various surveys and external financial reports (Moody's, Cambridge, NACUBO, etc.)

Bachelors degree 5+ years of progressively responsible accounting experience. Strong computer skills (Ellucian Banner/Microsoft Office experience preferred), analytical skills and knowledge of general ledger accounting. Strong written and oral communication skills; must be detail oriented, well-organized, able to work under pressure. Must also have the ability to interact well with a variety of people including senior management, identify processes requiring improvement and able to recommend solutions and have high integrity needed to handle confidential information.

Thorough applicant credentialing, including criminal records check, will be conducted on the selected candidate.

Connecticut College requires employees to be fully vaccinated for COVID-19. This includes the booster vaccine. New employees must present their COVID-19 vaccination record to Human Resources prior to the first day of employment. Individuals who have a medical condition or sincerely held religious beliefs that prevent them from getting the vaccine may confidentially request an exemption through the office of Human Resources. Additional COVID-19 safety protocols such as participation in weekly testing will be required of faculty, staff and students who have approved vaccine exemptions.