Assistant Controller

Cornell College invites applications for a full-time assistant controller. The assistant controller provides accurate accounting, recordkeeping and presentation of financial information on monthly, quarterly and annual basis; and preparation for and coordination of annual external financial audit and tax returns.

Duties & Responsibilities

• Assists the controller with the year-end financial audit, including report production
• Assist the controller with the compilation of financial data for monthly, quarterly, and annual financial reporting
• Assists the controller in keeping accounting records in balance and reconciled.
• Makes necessary journal entries as needed to reconcile accounts
• Prepares Federal 990 tax returns for Cornell operations, ensuring the accuracy of the report and leading initiatives to plan for the efficient preparation of the return.
• Maintains accounting records for investments, including due diligence on alternative investments, life insurance, and annuity contracts
• Posts all quarterly allocations of income and market gains/losses and quarterly allocation of endowment spending.
• Responsible for updating and accuracy of the Endowment Fund Balance Software 
• Assist the Controller with administrative software processes and report writing.
• Handle all capital calls required by investments
• Review and approval of all journal entries
• Reconciles the gift clearing account
• Responsible for life insurance accounting and donor correspondence
• Performs unitrust funds management, recordkeeping, and tax reporting, along with the annuity accounting and reporting
• Performs Fixed Asset Accounting, including year-end capitalization and depreciation.
• Compiles and files 1099-R forms for annuitants.
• Performs internal audits and account analysis within the general ledger
• Other duties as assigned.

About Cornell College

Cornell College is a selective liberal arts college distinguished by our Ingenuity curriculum that builds on the strengths of our One Course At A Time schedule. This combination encourages the qualities of being thoughtful, original, and inventive, using the strengths of a liberal arts education to apply ideas to solve problems and meet challenges through hands-on experience in learning. Academic immersion, Division III NCAA athletic teams, and unparalleled flexibility attract an ambitious student body from across the U.S. and worldwide. We are located in Mount Vernon, Iowa, an urban fringe community located in the heart of the ICR Iowa region.

Qualifications and Education Requirements

Bachelor's degree in accounting, business, finance, or a related field required. Minimum of three - five years of recent accounting work experience.

Working Conditions

Work is performed primarily while seated in an office environment. Will require some walking from building to building to attend meetings, sometimes in adverse weather conditions. May also involve climbing stairs to visit other areas in buildings with limited elevator access. This position works in person on campus. 

Cornell College complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, perform essential job functions, and/or receive other benefits and privileges of employment, please contact human_resources@cornellcollege.edu. 

The hiring pay range for this position is $65,000 - $70,000. Cornell College offers a fantastic benefits package that includes health, dental, vision, HSA & FSA accounts, a TIAA 403(b) retirement account, and tuition remission and exchange for employees and dependents. We also offer life insurance, disability insurance, travel insurance, and accident insurance.  

Application Process

To apply, submit a cover letter, resume, and a list of at least three professional references. 

Cornell is an equal opportunity employer and encourages applications from underrepresented groups. Cornell complies with Iowa's Smoke-free Air Act. Cornell utilizes E-Verify and requires the satisfactory completion of a background check. 

Salary : $65,000 - $70,000