<span>Assistant Controller</span>

Morehouse College - Atlanta, GA

Full-time - Mid Level

Atlanta, GA

Educational Services

About the position

The Assistant Controller at Morehouse College plays a crucial role in supporting the Controller by overseeing the financial operations of the institution. This position ensures compliance with regulatory requirements and maintains accurate financial records. The Assistant Controller is responsible for managing day-to-day accounting functions, assisting in financial reporting, budgeting, and audits, while collaborating with various departments to promote financial efficiency and integrity.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial statements for internal and external stakeholders.
• Support the Controller in ensuring the accuracy and timeliness of financial reports, including balance sheets, income statements, and cash flow statements.
• Conduct variance analysis and provide explanations for significant discrepancies between actual results and budgeted forecasts.
• Assist Director of Accounting to oversee the daily operations of the general ledger, ensuring proper posting of transactions.
• Review journal entries for accuracy and completeness.
• Coordinate monthly and year-end close processes to ensure timely and accurate financial reporting.
• Ensure compliance with generally accepted accounting principles (GAAP), federal and state regulations, and institutional policies.
• Assist in preparing for internal and external audits, including gathering documentation and responding to auditor queries.
• Implement and maintain internal controls to safeguard the institution's assets and ensure proper financial procedures are followed.
• Assist in cash flow management, including overseeing the reconciliation of bank accounts and monitoring cash balances.
• Oversee financial reporting for grants and sponsored programs, ensuring compliance with grant terms and conditions.
• Provide leadership and guidance to the accounting team, including overseeing daily work, providing training, and mentoring junior staff.
• Support system enhancements and process improvements within the financial software and reporting systems.

Requirements

• Bachelor's degree in Accounting, Finance, or related field (Master's preferred).
• CPA preferred or progress toward certification.
• 7+ years of accounting experience, with at least 5 years in a managerial role, preferably in higher education or nonprofit sectors.
• Experience with financial reporting, budgeting, and general ledger management.
• Strong knowledge of GAAP, FASB, financial reporting, and familiarity with regulatory compliance specific to higher education and internal controls.
• Experience with IRS Form 990, NCAA financial reporting, and IPEDS submissions is highly desirable.
• Proficient in Banner ERP or similar accounting software, with advanced skills in Microsoft Excel and SQL.
• Excellent leadership, analytical, and communication skills.

Nice-to-haves

• Proficiency in accounting software (e.g., PeopleSoft, Ellucian, Banner) and Microsoft Office Suite (especially Excel).
• Excellent analytical and problem-solving skills.
• Strong organizational skills and attention to detail.
• Ability to work effectively under pressure and meet deadlines.
• Effective communication skills, with the ability to collaborate with diverse stakeholders.
• Strong leadership capabilities and experience in staff management.

Benefits

• Equal opportunity employer with a commitment to diversity and inclusion.