Financial Controller

$70,000.00 - $93,000.00 AnnuallyDescription

Under minimal supervision, an employee in this position has oversight and responsibility for planning, developing, managing, and continuously improving the financial operations . Duties related to this position primarily focus on maintaining and directing activities related to financial reporting, general ledger systems, internal controls, and auditing procedures in accordance with general accepted accounting principles and applicable state and federal rules and regulations. Duties may vary according to the specific needs of the Division and/or allocation of workload. This position reports to the Vice President of Finance and Operations.
This position is eligible for up to of one (1) days per week of telework, depending on the persons skill level and experience.

Essential Duties

• Oversees and manages the Business Office, to include two (2) Senior Accountants as direct reports, and student accounts and receivables, accounts payable, payroll, and grants accounting personnel reporting through the Senior Accountants.
• Manages the operation and maintenance of the general ledger system with responsibility in preparing complex journal entries and reviewing the integrity of the general ledger data in accordance to Generally Accepted Accounting Principles (GAAP) and Government Accounting Standards Board (GASB).
• Reviews and approves all journal entries, voucher registers, etc. to ensure accurate posting to the general ledger.
• Works in conjunction with the Vice President of Finance and Operations to prepare and monitor the annual budget, including initial budget build, budget journal entries, budget review and management, and preparation of budget reports to the Board of Trustees.
• Prepares and/or reviews all internal and external financial reports, as well as providing analytical support for all financial reporting issues, including the preparation and submission of the annual IPEDS report, SACS Financial Profiles, and providing assistance to Financial Aid in the preparation of the annual FISAP report.
• Prepares the College and Foundation Annual Financial Statements, Annual Comprehensive Financial Report (ACFR), Single Audit Reporting Package (SARP), and year-end closeout in accordance with guidelines established by the NC Community College System, Office of the State Controller, and Office of the State Auditor.
• Reviews and approves monthly bank statement reconciliations, and monitors daily cash balances in the state disbursing, county, and institutional bank accounts.
• Serves as an informational resource to staff providing technical assistance, researching and analyzing specific problems relating to financial records, and implementing staff training programs as needed.
• Sets and monitors internal controls in accordance with the EAGLE program through annual identification and assessment of risk.

• Serves as the liaison and coordinator of audit activities with state auditors and the Foundation auditor in the completion of the annual fiscal year audit.
• Collaborates with the Senior Accountant in the monthly transmittal of the 112 reporting, including determining cash needs and reconciliation.
• Conducts Positive Pay verification of State, Institutional, and County checks.

• Reviews and accounts for equipment and inventory, including fixed asset acquisition, depreciation, and disposal.

• Assists the Vice President of Finance and Operations with treasury duties for the Vance-Granville Community College Foundation.
• Performs other duties as assigned, including projects and committee work.

Qualifications

Education and Experience Required:

• Bachelors degree from a regionally accredited college or university with major course work in accounting, finance, business administration, or related field, and 3 to 5 years of increasingly responsible experience performing governmental accounting work.
• Highly proficient in Microsoft Office including Excel and Word.