Hiram College Looking for Controller Full Time

Hiram College invites applications for the position of Controller. The Controller is responsible for providing leadership and broad strategic oversight of financial and accounting policies and procedures to assist the College’s Trustees and Administration in the effective management, monitoring, and control of the financial resources of Hiram College.

Founded in 1850, Hiram College provides students of all backgrounds an attainable private education that teaches the 21st-century skills needed to thrive professionally and personally in the face of inevitable and constant change. Built on a community that fosters student-faculty collaboration, the College equips all students with the tools necessary to embrace active learning in the classroom, in Ohio, and beyond through technology, internship, study away, research, and other experiential opportunities for growth and development. Recognized by Colleges of Distinction, The Princeton Review, U.S. News and World Report, and as a top baccalaureate college by Washington Monthly, Hiram enrolls over 1,000 undergraduate and graduate students in academic programs on its Northeast Ohio campus and through [email protected].

The Controller leads a department of four staff members and assists the Chief Financial Officer in overseeing the annual operating budget of $25+ million, the 5-year strategic planning model, as well as other strategic initiatives to enhance the financial sustainability of the College. Duties and responsibilities include, but are not limited to, the following*:

• Manage all general accounting functions-general ledger, journal records, accounting and budget software, 5-year forecast model and College chart of accounts.
• Work with external auditors to schedule, coordinate, and complete the fiscal year-end audit; prepare financial statements and supporting documents; understand and explain reports to the Board and senior staff.
• Manage the operations of the Business Office.
  • Supervisor payroll, accounts payable, other payment methods such as credit cards and direct debits/credits, student receivables, institutional student loans, cash receipts, investments, annuitant and trusts, government and private grant/contract account, contract review, procurement, and general accounting.
• Develop, document, and explain accounting policies and procedures.
  • Ensure College compliance with all governmental regulations and accounting requirements as well as provide proper oversight and control of College’s resources by establishing and publishing effective policies.
• Prepare all internal and external financial statements including year-end Generally Accepted Accounting Principles (GAAP) financial statements, quarterly GAAP-like financial statements for the bank, monthly financial statements for management, and any ad-hoc analytical requests.
  • An important component of this function is the analysis and understanding of the short and long-term financial performance and the ability to identify recommendations for improved performance.
• Manage College bank accounts including daily cash balance monitoring, line of credit requirements, and Federal funds drawdown responsibilities.
• Develop and maintain long-term cash projections to anticipate cash needs or sources of additional capital.
• Complete financial surveys as required, including the annual Standard & Poor’s survey, IPEDS Finance Survey, Ohio Charitable Registration filing, U.S. Census Bureau Filings, and provide financial data to others as required.
• Monitor the College’s bond covenants. Develop forecast for the covenants to help ensure the College remains in compliance with its bond covenants, communicate to the CFO if the College is at risk of not meeting its covenants. Procedure the annual continuing disclosure document for bondholders.
• Monitor and maintain pledge receivable records while working closely with the Advancement staff
• Develop and maintain Financial Planning Models.
• Unitize gifts for the Endowment Fund quarterly and prepare analysis and reports that utilize the market values of the College’s endowment.
• Prepare and file all College-related tax forms and schedules including the 990, 990T, and other tax forms such as the W-3, 1098, and 1099s.
• Attend and participate in Audit, Investment and Finance Committees of the Board of Trustees

*Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualifications

• A Bachelor’s Degree in Accounting, Finance, or related field is required; an MBA or CPA is a plus.
• Seven or more years of progressively responsible accounting experience in a complex organization.
• Demonstrated finance and accounting experience in nonprofit organization; higher education experience is preferred.
• Must have supervisory experience.
• Strong leadership skills, including the ability to collaborate with cabinet, peers, and other College constituents.
• Professional attitude along with good oral and written communication skills.
• Self-motivated with the ability to work independently.
• Ability to multi-task and prioritize to follow-up and meet deadlines.
• Proficient in Microsoft Office and Ellucian Banner or similar nonprofit accounting software.
• High degree of confidentiality is required.
• Knowledge of FERPA.

Application Process
Apply directly via https://hiram.edu/careers-at-hiram/

Please include a cover letter, resume, and the names of three professional references with their email addresses and phone numbers. Review of applications will begin immediately and will continue until the position is filled.