Job Summary

Under the general supervision of the Controller, the Associate Controller serves as backup to the Controller in day-to-day operations. The Associate Controller is responsible for a timely and accurate completion of the College annual budget, financial reporting, account reconciliation, audit preparation and other related accounting duties. This position also collaborates with the Director of Accounting and other departments to ensure the College financials and budgets are accurate and issued timely.
Responsible for demonstrating LSSC’s core values of Caring, Communicating, Collaborating and Celebrating.

Essential Duties & Responsibilities

• Assists with the College month-end and year-end close activities to ensure a timely and accurate reporting in accordance with GAAP and GASB.
• Assists in the preparation of audit schedules and request.
• Assists with the annual budget development process. Monitors budget and processes budget adjustments. Serve as budget liaison to departments.
• Analyzes and reconcile payroll and accounts payable general ledger codes, and reconcile other general ledger codes as required.
• Prepares PECO reports and other construction funds that run through the State Disbursement System.
• Manages the drawdown of construction funds and to work closely with the Facilities in reconciling the encumbrance balances.
• Prepares administrative reporting on college expenditures to the Board of Trustees, College departments, public records request and any ad hoc reports.
• Overseas escheatment process for a timely submission of the report.
• Assess processes, providing leadership for improvement initiatives, and provide recommendation to update the departmental policies and procedures. This includes offering training and guidance to the College staff as needed.
• Prepares and posts month-end and year-end journal entries.
• Ensures that reports, filings and documentation successfully comply with the College’s statutory regulations, professional standards, SEC and GAAP reporting guidelines.
• Interprets the Florida College System accounting manual to ensure the accurate classification of College revenue and expenditures.
• Provides required reports to outside agencies including the Florida oversight and funding agencies.
• Performs other duties as assigned.

Knowledge, Skills, & Abilities

• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Excellent skills in Microsoft Office 365 (Outlook, Excel, Word, PowerPoint) and ability to become proficient in MS Teams.
• Excellent planning, organizational and attention to detail skills; ability to anticipate outcomes.
• Ability to use appropriate technology to organize, synthesize, and communicate data.
• Excellent verbal and written communication and interpersonal skills.
• Evidence of critical thinking skills, ability to deal with ambiguity, resolve complex problems, and effectively manage projects.
• Ability to successfully develop and manage relationships at all levels of the organization and influence a variety of stakeholders.
• Ability to consult with, challenge, and influence management to align processes and practices with college objectives.
• Ability to maintain discretionary judgment in dealing with confidential matters.
• Ability to meet deadlines and work independently in a fast-paced multi-priority environment.
• Ability to exhibit a professional, courteous demeanor.
• Committed to working in a multicultural environment.

Minimum Qualifications & Education

• Required: Master's Degree in a relevant field from an accredited institution.
• Minimum five years of experience directly related to job description with at least two year of supervisorY experience required.
• Proficiency in Microsoft Excel required.
• Higher education experience preferred. Banner operating software experience preferred.

Lake-Sumter State College provides a wide range of affordable, competitive, and comprehensive benefits that are a vital part of your total compensation package. These programs are centered around health and wellness, financial security, and professional development.