Assistant Controller

Description

 ASSISTANT CONTROLLER

The University of Lynchburg, a private, regional university in the beautiful foothills of the Blue Ridge Mountains in Central Virginia, is seeking applicants for a full-time Assistant Controller position in the Finance Department.

This position reports to, is supervised by the Controller. The evaluation of work performance will be ongoing and will be carried out by the Controller. It will include the specific duties and responsibilities of this position description plus employee attitude and general working behavior.

Job Type: FT (Benefits Eligible) 

Job Purpose: The Assistant Controller supports the financial operations of the university by managing the day-to-day accounting functions, ensuring compliance with financial regulations, and leading the preparation of financial statements and reports. This role requires strong leadership, technical accounting expertise, fund accounting expertise, and the ability to collaborate across departments to maintain financial accuracy and integrity.

Specific Job Duties: 

Financial Reporting

Assist in the timely preparation of accurate financial statements in accordance with GAAP and university policies.

Coordinates the annual audit process, including preparing audit schedules and working with external auditors.

Review and analyze financial reports to ensure data accuracy and integrity.

Complete annual surveys and reports (FISAP, IPEDS, NCAA, EADA & AIES).

Reconcile Financial aid accounts and request cash draw downs.

Accounting Operations

You will oversee the following: 

trial balance

general ledger activities 

account reconciliations

journal entries

bank account oversight

month-end/quarter-end/year-end close processes

fixed assets

Provide financial data to various departments for annual reports these departments prepare and submit.

Compliance and Internal Controls

Ensure compliance with federal, state, and institutional financial regulations.

Maintain and improve internal controls to safeguard university assets and support operational efficiency.

Systems and Technology

Maintains and enhances financial systems and software.

Identify opportunities for process improvements and automation to streamline financial operations.

Starting Salary: $100,000 - $110,000 annually

Benefits: (If applicable - for FT and RPT only)

Generous paid vacation, personal days, paid sick time and family leave, comprehensive insurance (medical, dental, vision, etc.) and retirement plans, flexible spending account, tuition remission, life and long-term disability insurance, and more. Learn more about employment benefits at the University of Lynchburg.

Schedule: 

Regular business hours are Monday to Friday between the hours of 8:30 AM – 5:00 PM. There will be the occasional need to work extended hours during critical periods (e.g., fiscal quarter-end/year-end, audits, or budget season).

Experience:

Minimum of 10 years of progressive accounting experience

Experience in higher education, non-profit organizations, or complex financial environments is preferred.

Knowledge of fund accounting principles and methods.

Minimum of 5 years Supervisory experience required.

Skills:

Knowledge of GAAP and financial regulations.

Strong proficiency in financial systems, integrated accounting software, Google Sheets, and Excel.

Excellent analytical, problem-solving, and organizational skills.

Ability for accessing information and making informed decisions.

Leading and mentoring staff.

Strong leadership and oral/written communication abilities.

Physical Demands:

Primarily sedentary; involves extended periods of computer use. May occasionally require lifting files or documents (up to 20 pounds).

Qualifications

Required Qualifications:

Minimum of 5 years Supervisory experience required

Preferred qualifications:

Experience in higher education, non-profit organizations, or complex financial environments is preferred

Knowledge of fund accounting principles and methods

Education:

Bachelor’s degree in Accounting, Finance, or a related field 

Work Remotely:

Office-based, with occasional remote work opportunities depending on university policies.

We seek candidates who are committed to the University of Lynchburg’s efforts to create an environment that fosters a student-centered environment, develops the breadth of knowledge associated with liberal education, respects and supports diversity, equity, and inclusion, values and celebrates diverse faith traditions, and sustains close working relationships among faculty, staff, students, alumni, and community partners.

Candidates must successfully pass a background check that is satisfactory to the University. 

Submit a cover letter, résumé, and three professional references to: 

Human Resources Jobs Page

The University of Lynchburg is committed to diversity within its community and welcomes applications from persons of color, women, Indigenous/aboriginal people of North America, persons with disabilities, the LGBTQIA community, and others who may contribute to the further diversification of the University of Lynchburg community.

The University of Lynchburg is an equal-opportunity employer.

Salary : $100,000 - $110,000