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Controller

Employer
Brooklyn Law School
Location
New York, United States
Salary
$170,000.00 - $190,000.00
Start date
Nov 3, 2023
POSITION: Controller

REPORTS TO: Vice President of Finance

STATUS: Full-time, Exempt

RANGE: $170,000 to $190,000

SUMMARY: Founded in 1901, Brooklyn Law School is a distinguished, independent law school located in Downtown Brooklyn, New York. The Law School is searching for a Controller to join our team. The Law School’s size, vibrant employee and student population, and commitment to training the next generation of lawyers and promoting social justice, will offer a candidate the opportunity to develop and diversify practical skills and participate firsthand in operating a successful educational institution.

Reporting to the Vice President of Finance, the Controller leads, manages, and optimizes a wide array of financial activities. Key responsibilities encompass planning, developing, and maintaining the School’s core accounting and financial control systems. The position oversees Accounts Payable and Receivables, Student Accounts, and Payroll—and offers a substantial opportunity to hone practical skills and engage in the business operations of a thriving educational institution. The Controller works integrally with all areas of the BLS Finance Office to organize, direct, and evaluate financial activities to uphold the integrity and accuracy of financial information. As a senior member of the finance team, the Controller directs and maintains accounting functions and related activities in compliance with local, state, and federal regulations in support of the mission of the Law School. The Controller also provides operational direction and supervision to Accounting, and indirect supervision to other financial stakeholders concerning presentation and recording of accounting and related financial information. The Controller is responsible for the School’s monthly closing (including the production of regular monthly reports), its accuracy and reconciliation, as well as annual reporting and external audits.

The position is critical to the School, helping to ensure its sustainability. Navigating the unique financial challenges of higher education—such as managing endowments, grant funds, and auxiliary and tuition revenue—the Controller will also oversee a range of special projects that may include the development and implementation of an automated purchasing system, the establishment of an electronic bill-pay function with the School’s commercial bank partner, evaluation of general ledger structure and modernization of accounting processes, and revamping the School’s year-end investment allocation process.

Responsibilities include:

  • Supervision and Quality Control: Oversee accounts payable, accounts receivable, payroll accounting, student finance, payroll, general ledger, purchasing card, debt service accounting, construction and fixed assets accounting, grant accounting, and credit card/ACH processing to ensure quality and compliance.
  • Financial Reporting and Analysis: Coordinate fiscal year-end close, prepare the School’s annual financial statements and corporate tax returns, and develop routine and ad hoc financial reports for senior management and the board of trustees.
  • Policy Development: Formulate and administer fiscal plans, policies, and procedures in alignment with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB).
  • Regulatory Compliance: Direct financial reporting to meet both regulatory and campus needs.
  • Consultative Support: Assist administrative units in understanding financial and budget information.
  • Organizational Development: Design and maintain an organizational structure to effectively achieve organizational goals; includes recruitment, training, development, and evaluation of financial personnel.
  • Community Engagement: Participate in campus and community committees to further the mission of the School and Finance Area programs.
  • Professional Development: Remain active in professional circles relevant to the position.
  • Relationship Building: Cultivate positive relationships with all internal and external stakeholders.
  • Additional duties as assigned.

Required:

  • Undergraduate degree in accounting or a related business field.
  • Public accounting experience and active CPA certification.
  • Minimum of five years progressive experience in business/financial services, preferably within a higher education or other non-profit organization.
  • Three to five years of supervisory experience in accounting or a related business field.
  • Experience in overseeing general ledger, accounts receivable, accounts payable, and cash management functions.
  • Knowledge of higher education funding sources and related policy issues.
  • Experience with OMB Circular A-133 audit, form 5500 audit, and 990 preparation and submission.
  • Demonstrated capacity to foster a work environment that values diversity, equity, inclusion, collaboration, and openness with a clear commitment to support, respect, and empower the contributions of staff and management.
  • An approachable, inclusive and visible leader and administrator who values excellent customer service and consistently considers the institution's goals and needs before the needs of his/her own departments or personal ones.
  • A team builder who demonstrates strong employee relations and encourages professional development in staff and managers with a demonstrated capacity to balance hands-on management with delegation of responsibilities, while staying actively involved in all areas of responsibility.

Preferred:

  • MBA or master's degree in related discipline from an accredited institution.

Brooklyn law school has an excellent benefits package that includes sick, personal and vacation paid time off, a generous retirement plan, dependent tuition scholarship (Pre K- undergraduate college), and additional summer Friday PTO.

Brooklyn Law School values a diverse and vibrant community and affirmatively encourages applications from candidates of all backgrounds and life experiences.

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