Bryn Mawr College seeks a collaborative, results-driven leader to serve as its next Controller. The Controller is a key member of the College’s financial leadership team and is responsible for providing College-wide strategic oversight of financial accounting, operations, external reporting, compliance and risk management. The Controller reports directly to the Chief Financial Officer and is the College’s principal accounting officer. She/he works closely with other senior administrators, faculty, staff, students, and the Board of Trustees to ensure a strong and efficient financial control environment that supports the educational mission of the College.
The Controller leads an office of twelve employees responsible for financial, endowment and grant accounting; financial reporting; policy development; tax management; procurement and accounts payable; payroll processing; accounts receivable; student accounts; and cash management. The Controller is responsible for ensuring accurate, efficient processing of financial transactions, maintaining sound accounting policies and practices, and balancing effective compliance with excellent customer service. The successful candidate will possess deep accounting expertise and broad managerial experience. She/he will demonstrate the highest ethical standards and a collegial style.
The College is a leading private institution of higher education founded in 1885 and located in Bryn Mawr, Pennsylvania, on an historic and picturesque suburban campus less than ten miles from the downtown center of Philadelphia. The undergraduate college offers a four-year, residential experience to approximately 1,430 women representing 50 different U.S. states, districts, and territories and 60 different countries with an expansive liberal arts curriculum. Bryn Mawr was the first women’s college to offer graduate education through the Ph.D., and the College continues its support of master and doctoral programs through its Graduate School of Arts and Sciences and its Graduate School of Social Work and Social Research. Through the support of alumnae/i and donors, the College has an endowment of approximately $850 million, comprised of over 1,400 individual accounts. The College has an annual operating budget of approximately $125 million and has produced a positive operating margin in all but two of the last fifteen fiscal years. The College’s bond ratings are Aa2 by Moody’s Investors Services and AA by Standard & Poor’s.
- A bachelor’s degree; an MBA or other advanced degree in accounting, finance, business or a related field from an accredited program is preferred
- CPA certification
- A minimum of 8 years of experience as an accounting professional, including senior management experience; strong preference for experience in higher education but a public accounting firm with a higher education client base may be considered
- Demonstrated experience in performing functions and in the oversight of general ledger, accounts receivable, accounts payable, purchasing, payroll, grants, plant/capital accounting, and fund accounting
- Knowledge of and experience with accounting information and ERP systems with a preference for experience with such a system’s implementation, upgrade and/or re-design; proficiency with Microsoft Office applications, email, and other productivity and communication tools
- Ability to work collaboratively and to effectively lead staff; committed to the value of diversity in the workplace
- Strong organization, analytic, interpersonal, problem-solving, and customer service skills; ability to effectively communicate orally and in writing complex financial information to constituencies with varied levels of financial expertise
- Integrity, the highest ethical standards and the ability to handle confidential information appropriately
- High level of professionalism, motivation, enthusiasm, initiative, self-direction, and the ability to work under pressure and manage numerous deadlines simultaneously
- Develop, refine, and maintain appropriate financial and internal control systems that ensure protection of College resources and compliance with local, state, and federal laws and regulations as well as generally accepted accounting principles (GAAP), FASB standards, College policies, and best accounting practices; enforce and communicate these effectively and in a variety of ways
- Monitor financial and internal controls including, but not limited to the timely performance, documentation and review of account reconciliations
- Maintain the general ledger system and chart of accounts; assure that any accounting issues are promptly identified and resolved
- Ensure the accuracy and timeliness of all financial reporting; prepare the College’s annual financial statements; meet other external reporting requirements; prepare or oversee the College’s various tax filings (IRS Forms 990 and 990T; state tax returns; Lower Merion Business Privilege Tax; sales tax, employment taxes, etc.)
- Keep up-to-date on changes, potential changes, and trends in tax laws, accounting standards, and government regulations, guidelines and enforcement; proactively and strategically communicate those developments and their projected impact on the College
- Coordinate and maintain robust compliance and risk management programs campus-wide; understand and analyze the environment for risk and prepare a strategy for managing change and mitigating risk across campus operations
- Act as primary liaison to the Audit Committee of the Board, responsible for meeting minutes, reporting on financial results and risk, preparing special written reports, leading discussion with the Committee
- Provide staff development and supervision within the Controller’s Office; interview, hire, and train new employees; coach and evaluate performance; mediate disputes; set priorities and standards
- Identify strategic opportunities to improve processes within the department and throughout the College, including involvement in establishing practices for new initiatives within the College; assist departments as they try to develop and advance their own programs and capabilities
- Establish effective cash management practices; design and maintain an effective cash forecasting system and project long-term liquidity needs; establish and maintain relationships with the College’s banking partners and other financial institutions; remain current on treasury trends and services
- Ensure timely payment of debt service, compliance with bond covenants, and post-issuance debt compliance requirements
- Coordinate the review, selection, testing, implementation, and maintenance of all software utilized for financial reporting and other function of the Controller’s Office
- Understand and assist with budget development, budget monitoring, and periodic projections of budgeted and financial statement results
- Lead training and educational efforts to enhance the community’s understanding of and access to the relevant financial/budget/accounting concepts, terminology, systems and data
- Enhance speed, accuracy, efficiency and productivity of accounting operations, and save organizational costs through introducing emerging technologies or other methods
- Serve on various College committees and maintain cooperative working relationships with other individuals and departments within the Finance group and throughout the College
- Perform other related duties and special projects as assigned
The position will remain open until filled, but only applications received by June 24, 2018 can be assured full consideration. Materials should include a letter of interest addressing how the applicant meets the qualifications and the responsibilities, a curriculum vitae or resume, and a list of at least three professional references with full contact information and a note explaining their relationship to the candidate. Materials should be submitted via Interfolio:
Bryn Mawr College does not discriminate on the basis of race, color, religion, national or ethnic origin, sex, sexual orientation, age or disability in its employment practices. We are committed to building a culturally diverse environment and welcome all applicants.