Reporting to the Associate Vice President of Finance, the Controller manages the functions of general accounting, endowment and investment accounting, tax compliance and post-grant administration for the University. The Controller is responsible for developing and implementing financial policies, internal controls, accounting procedures and the production of financial statements in accordance with generally accepted accounting principles. The Controller acts as the primary liaison with the external auditors. The Controller is an integral member of the Administration & Finance Division and will work closely with the Associate Vice President of Finance and the Vice President for Administration & Finance and CFO/Treasurer.
Oversee and direct the University's accounting functions, ensuring that campus-wide financial transactions are recorded accurately, consistently and in a timely manner
Coach, mentor and develop a direct report staff of four and a total team of eight by building knowledge of industry best practices, generally accepted accounting principles, and University policies and procedures as they relate to financial matters, while fostering a customer-centric approach to providing service to campus users
Prepare annual financial statements for the University along with the related analyses. Coordinate completion of required disclosures included in the University's audited financial statements with various departments
Coordinate the University's annual financial statement audit with the external auditors and internal staff and report on the same to the Audit Committee of the Board
Evaluate and, if necessary, enhance the internal control structures around key University accounting activities/processes to ensure accurate reporting
Develop university financial policies and accounting procedures to ensure that all financial transactions are properly recorded and timely, and that accurate financial information is reported in accordance with generally accepted accounting principles
Evaluate new accounting pronouncements, document the impact to the entities' financial statements for audit purposes, and work with various departments and individuals to implement changes necessary to comply with new guidance
Prepare the annual financial statements for the University's 403(b) retirement plan and coordinate the related audit activities
Oversee and direct the University's treasury and banking functions, ensuring that banking transactions are recorded accurately, consistently and in a timely manner
Oversee the tax analysis and reporting for Bentley's tax disclosure forms such as 990s and other returns
Working with the Director of Sponsored Programs, manage the post-grant administration process in compliance with federal regulations. Provide post-award grant administration and accounting as it relates to compliance and reporting of government, corporate and foundation grants
Prepare endowment trial balance and quarterly reconciliation, and work with the University's investment manager to ensure the investments are properly recorded and reported
In collaboration with the Treasury Analyst serve as a resource to schools, units, and departments with responsibility for endowed funds to ensure the proper use of funds in accordance with donor restrictions and legal requirements, and develop procedures to ensure the responsible areas have the appropriate tools to use these funds properly and effectively
Assess and ensure the effective and efficient operation of the Controller's organization and recommend changes/improvements to processes in Workday and related systems/tools, as well as organizational structure. Recommend and develop appropriate institutional policies and procedures
Bachelor's degree in accounting or finance or related field
10-12 years of experience in accounting and financial reporting, preferably for not-for-profit entities
Certified Public Accountant preferred
Comprehensive understanding of US GAAP including extensive knowledge of FASB's and other accounting guidance, investment accounting, not-for-profit accounting
Significant experience preparing financial statements and footnote disclosures
Knowledge of IRS and other tax rules
Comprehensive knowledge of financial systems and financial reporting processes (Workday Preferred)
Excellent written and oral communication skills
Analytical thinking and problem solving skills
Typical office setting with extensive sitting and computer work
Ability to travel to various locations around campus
Bentley University requires references checks and may conduct other pre-employment screening.
Bentley University strives to create a campus community that welcomes the exchange of ideas, and fosters a culture that values differences and views them as a strength in our community.
Bentley University is an Equal Opportunity Employer, building strength through diversity. The University is committed to building a community of talented students, faculty and staff who reflect the diversity of global business. We strongly encourage applications from persons from underrepresented groups, individuals with disabilities, covered veterans and those with diverse experiences and backgrounds.