Associate Controller and Investment Manager

Illinois Wesleyan University invites applicants for the position of Associate Controller & Investment Manager. This position  is responsible for the Endowment fund, including investment and farm accounting. Provides guidance and ensures compliance with University policies and accounting standards. Maintains general ledger accounts through analysis, preparing journal entries and reconciliation of accounts. Prepares financial statements, tax returns and external reporting documents for review. Ensures proper cash management for the University.  This is a full time, on-campus position.  Generous benefits include health, retirement, considerable time off and access to multiple tuition scholarship programs for employees and dependents.

Responsibilities:

• Oversees general ledger accounts for Endowment Fund, regarding investments and farms; Plant Fund fixed assets and depreciation; Annuity/CRUT Fund; preparation and/or approval of journal entries and account reconciliations; maintains endowment and annuity pool unitization; prepares monthly investment report; ensures accounting functions are in compliance with GAAP and university policies

   

  Prepare work papers for financial statement audit and benefit plan audits; works closely with Controller and outside audit firm to develop timeline of deliverables and implement new accounting standards; responsible for preparing financial statements, documents for annual reporting and the financial section of the IPEDS report

   

  Tax returns and tax reporting; draft form 990-university annual return; works closely with Commerce Bank regarding Form 5227 and 1065 associated with Charitable Remainder Unitrusts (CRUT) reporting to beneficiaries, and 1099-R

   

  Assist with coordination and communicates with external constituents, including, outsourced Chief Investment Officer and IWU Farm Managers, audit firms, banking partners, financial advisors and rating agencies, as needed; completion of external reporting requests, as needed

   

  Internal business partnerships and supervisory responsibilities; assist in advising/coordinating with other departments and grants on proper accounting; supervise the payroll function of the Business Office, including back-up for processing; provide analysis for financial reports and programs, as needed

   

  Serves as the backup to initiates and approves wires, ACH payments, positive pay suspects and serves as back up for online banking; performs critical role of dual control in cash management; adherence to fraud detection; produce financial models like cash flow and spending policies

   

Requirements: 

• Bachelor's degree required; Accounting, preference for Certified Public Accountant (CPA) or similar designation

   

  Three to five years related experience

   

  Knowledge of accounting principles, specifically non-profit fund accounting. Preference for experience supervising one or more function of a Business Office (Accounts Payable, Accounts Receivable, Payroll, Cashier or General Ledger)

   

Application Information:

Please submit a cover letter, resume and contact information for three professional references. Please download the application at www.iwu.edu/human-resources/Positions.html.

Review of applicant materials will begin immediately; position is open until filled.  Submit to:

hr@iwu.edu

Illinois Wesleyan University
Human Resources, Holmes 209
1312 N. Park Street
Bloomington, IL  61701 

Phone: (309) 556-3536
Fax:  (309) 556-1710 

The final candidate will pass a pre-employment background investigation.

$75-$80k, based on experience

An overview of IWU benefits can be found here. Illinois Wesleyan University does not offer H-1B or other work authorization visa sponsorship for this position. Candidates must be legally authorized to work in the United States at the time of hire and maintain work authorization throughout the employment term.

Illinois Wesleyan University is committed to recruiting, supporting, and fostering a diverse, inclusive, and civil community of outstanding faculty, staff, and students. We seek candidates who have a demonstrated commitment to supporting and further building our community in these dimensions. Illinois Wesleyan University is an EEO Employer.  Illinois Wesleyan University’s sexual misconduct policy may be accessed at www.iwu.edu/human-resources/SexualMisconductPolicy.html.  Illinois Wesleyan University is an equal opportunity employer committed to diversity and inclusive excellence; details at www.iwu.edu/diversity.