Controller

Job Details

University of Lynchburg - Lynchburg, VA Staff

Description

Job Summary: The Controller supports the financial operations of the university by overseeing accounting functions, ensuring compliance with financial regulations, and assisting in the preparation of financial statements and reports. This role requires strong leadership, technical accounting expertise, and the ability to collaborate across departments to maintain financial accuracy and integrity.

Key Responsibilities

Financial Reporting

• Lead the timely preparation of accurate financial statements in accordance with GAAP and university policies
• Lead the review and analysis of financial reports to ensure data accuracy and integrity
• Lead the annual audit process acting as the university’s liaison with external auditors
  
  

Accounting Operations

• Lead the Finance Department team.
• Coordinate annual renewal of insurance coverage with insurance provider.
  
  

Budgeting and Forecasting

• Collaborate with VP of Finance and other university departments in budget preparation and monitoring.
• Collaborate with VP of Finance and other university departments in short- and long-term financial forecasting (3-5 year financial plan).
• Provide variance analysis and financial insights to support strategic planning and decision making.
  
  

Compliance and Internal Controls

• Ensure compliance with federal, state, and institutional financial regulations.
• Maintain and improve internal controls to safeguard university assets and support operational efficiency.
• Review of the annual Federal Tax form 990
  
  

Team Leadership

• Supervise and mentor accounting staff, providing guidance and professional development opportunities.
• Foster a collaborative and service-oriented environment within the finance team.
  
  

Systems and Technology

• Assist in maintaining and enhancing financial systems and software.
• Identify opportunities for process improvements and automation to streamline financial operations.
  
  

Working Conditions

• Schedule: Regular business hours are Monday to Friday between the hours of 8:30 AM – 5:00 PM. There may be the occasional need to work extended hours during critical periods (e.g., fiscal quarter-end/year-end, audits, or budget season).
• Work Environment: Office-based, with occasional remote work opportunities depending on university policies.
• Physical Requirements: Primarily sedentary; involves extended periods of computer use. May occasionally require lifting files or documents (up to 20 pounds).
  
  

Qualifications

Qualifications

Education

• Bachelor’s degree in Accounting, Finance, or a related field
• CPA or CMA preferred
  
  

Experience

• Minimum of 7 years of progressive accounting experience
• Experience in higher education, non-profit organizations, or complex financial environments is preferred.
• Supervisory experience required.
  
  

Skills

• Knowledge of GAAP and financial regulations.
• Strong proficiency in financial systems, integrated accounting software, Google Sheets, and Excel.
• Excellent analytical, problem-solving, and organizational skills.
• Strong leadership and oral/written communication abilities.