CSCU Controller

Hartford, CT

Full Time

CSCU System Office

Manager/Supervisor

Details:

Posted: August 26, 2024
Level: Management/Confidential (Executive 2)
Hours: Full-time, 40 hours per week
Closing Date: The committee will begin review of applications immediately. Applications must be submitted by 5:00pm (EST) on Wednesday, September 25, 2024.

Location:

CSCU System Office
61 Woodland Street Hartford, CT 06105
**This position is not remote**
For more information, please visit the campus website or www.ct.edu/hr/jobs

Connecticut State Colleges & Universities Mission:

The Connecticut State Colleges & Universities (CSCU) contribute to the creation of knowledge and the economic growth of the state of Connecticut by providing affordable, innovative, and rigorous programs. Our learning environments transform students and facilitate an ever-increasing number of individuals to achieve their personal and career goals.

CSCU Vision:

The Connecticut State Colleges and Universities will build on its long and successful history by working collectively - within and across institutions - and by engaging external partners to increase the number of students pursuing and completing personally and professionally rewarding certificate and degree programs, improving their social mobility, and helping the state to meet its current and future workforce demands.

CSCU Equity Statement:

The Connecticut State Colleges and Universities commits to bold and disruptive change by actively identifying, naming, and dismantling structural racism, systemic poverty, and other barriers; establishing equitable and anti-racist policies and practices; and empowering students, faculty, staff, and administrators to advance racial, social, and economic justice. Our core collective responsibility is to continuously assess practices and policies and transform the world we live in by eliminating inequities.

Anticipated Start Date:

November 2024

Position Summary:

The Controller is responsible for the management and oversight of the system office accounting department including all aspects of accounting, annual reporting, internal control, policies and procedures, cash management, financial systems support, and treasury functions related to the Connecticut State Colleges & Universities’ seventeen universities, colleges, and on-line state college. The Controller develops, implements, and evaluates finance, accounting, auditing, and risk management objectives for the organization and measures the achievement of these objectives against established financial goals. The Controller is a key liaison between the seventeen institutions, auditors, and regulatory agencies.

Example of Job Duties:

Under the direction of the CSCU Chief Financial Officer, the CSCU Controller is responsible for the management and oversight of the system office accounting department through effective performance in these essential duties:

Oversees all operations of accounting, financial reporting, grant accounting and reporting, community colleges shared accounting services, university accounting services, accounts payable, accounts receivable, check writing and treasury functions, compliance, internal controls, and other related functions.
Develops and manages consistent system-wide accounting policies and procedures. Provides staff development guidance for all institutions that comprise CSCU relating to accounting policies, procedures, and best practices.
Responsible for the preparation of the Community College consolidated financial statements, overseeing the financial statement closing process and post-closing process. Oversees and publishes annual reports required by regulations, currently three: (1) universities, (2) colleges, and (3) Charter Oak State College. Works with outside auditors to ensure all aspects of GASB and/or GAAP are met. Aligns all three reports in terms of content and format.
Contributes to the costing analysis of collective bargaining contract provisions in the determination of projected systemwide financial viability.
Ensures that College, University, and system office staff are faithfully implementing accounting policies and timely completing the daily, monthly, quarterly, annually, and other procedures.
Develops and implements financial reporting and control systems and procedures to ensure effective and appropriate tracking, management, and reporting on revenues, expenses, treasury and cash flow matters, assets, liabilities, and property. Develops, implements, and evaluates fiscal policies to ensure appropriate financial oversight of the system. Ensures that fiscal and accounting staff throughout CSCU are properly implementing internal controls and taking remedial action when necessary.
Keeps current with and provides professional development to staff regarding legislative developments, GASB and GAAP rules, federal regulations pertaining to higher education finance, system and university policies and procedures, and other changes that impact the System’s fiscal and business operations.
Responsible for preparing and presenting the system-wide financial results and the audits of all seventeen institutions to the Audit Committee of the Board of Regents.
Responsible for overseeing and maintaining the system-wide standard chart of accounts throughout the system.
Chairperson of the system-wide Finance Advisory Committee, which consists of four University Controllers, three college Directors of Finance, the Controller of Charter Oak, and System Office Directors of Accounting.
Oversees reporting to outside agencies such as the DOHE, DAS, OSC and others. Ensures that accurate and consistent data and accounting treatments are applied for all reports.
Oversees accounting support for System Office Facilities with accounting and tracking assistance.
Oversees the Finance Systems Support team who provide finance and system support to CT State College campuses. Identifies system enhancements to programs and coordinates with IT on system-wide infrastructure management and periodic upgrades related to bond-funded capital improvements.
Develops and maintains a system-wide compilation of policies for accounting and purchasing procedures.
Ensures all external and internal audit requests are responded to promptly, and reviews and approves all responses, ensuring internal controls are secure.
Coordinates with Director of Budgets and Planning to ensure quarterly cash reporting is aligned with budget and Finance Committee requirements.
Manages CSCU Foundation bookkeeping, reporting, financial statements, and audit.

This posting includes qualifications, experience and skills but is not limited to the full duties and responsibilities that is stated within the job description.

Minimum Qualifications:

A CPA, MBA or Master's degree in Accounting, Finance, or equivalent

Incumbents are required to have demonstrated advanced knowledge and abilities in the following:

Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and GASB.
Knowledge of automated financial and accounting reporting systems.
Knowledge of federal and state financial regulations.
Ability to analyze financial data and prepare financial reports, statements, and projections.
Experience with management of enterprise financial systems.
Seven (7) years of experience in a senior-level finance or accounting position.

Candidates must possess proven ability to effectively work with culturally, linguistically, and ethnically diverse faculty, staff, and students. They are expected to have excellent oral and written communication skills along with strong Information technology literacy skills such as Microsoft Office (Word, Excel, Outlook, Teams etc.).

Preferred Qualifications:

CPA
Finance or accounting experience in Higher Education, Governmental or Non-Profit sector
Experience with external and internal audits conducted under State, Federal, and national frameworks
Experience with Banner

Starting Salary:

Minimum Salary; $165,083 approximate annual plus excellent State of CT medical insurance, retirement, and related fringe benefits. The salary will be based on the selected candidate’s qualifications such as education and job-related experience, and internal equity.

We offer a comprehensive benefits package to help you stay well, protect yourself and your family, and plan for a secure future. Benefits include generous leave policies; several retirement plans; and many choices for comprehensive health insurance. You also have access to many additional benefits to save for retirement, protect your family & more with supplemental benefits. Tuition reimbursement may apply if applicable.

Application Instructions:

To apply you must submit a cover letter and resume. The cover letter may be entered as text in the corresponding box, or it can be uploaded as a combined file with the resume.

Incomplete applications or those submitted after the closing date will not be considered and links to other sources to view resumes are not acceptable.

For more information or to apply via our website at www.ct.edu/hr/jobs

Selection Procedure:

Following the closing date, application materials will be evaluated by a selection committee. Candidates selected for further consideration will be limited to those applicants who are best qualified based on the minimum and preferred qualifications and who have submitted all the required documents by the closing date and time listed on the job announcement. Candidates who have been selected and approved to Interview will be contacted, and finalists will be recommended for further consideration by the Hiring Manager for final selection and recommendation for employment.

Background Screening:

All employment, if offered, is contingent upon proof of citizenship or employability under the requirement of the Immigration and Control Act (IRCA) and the successful passing of a background check, including granting permission to contact current and previous employers for verification. CSCU is committed to providing a safe campus community. Background investigations include reference checks, a criminal history record check and, when appropriate, a financial (credit) report or driving history check.

Continuing Notice of Nondiscrimination

CSCU does not discriminate on the basis of race, color, religious creed, age, gender, gender identity or expression, national origin, marital status, ancestry, present or past history of mental disorder, learning disability or physical disability, veteran status, sexual orientation, genetic information or criminal record. The following persons have been designated to handle inquiries regarding the non-discrimination policies: John-Paul Chaisson-Cardenas, PhD, MSW, Vice-president of Diversity, Equity, and Inclusion, ([email protected]).

CSCU IS AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER, M/F

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