About Embry-Riddle Aeronautical University
Embry-Riddle Aeronautical University is an independent, culturally
diverse institution providing quality education and research in
aviation, aerospace, engineering and other related fields with
residential campuses located in Daytona Beach, Florida and
Prescott, Arizona. The University’s Worldwide campus provides
educational opportunities online and at approximately 130 locations
throughout the United States, Asia, Europe, and Central/South
As the largest and most comprehensive aviation and
aerospace-focused university in the world, Embry-Riddle is a unique
institution. Over the past 90 years, the University has evolved
with the industry to break new ground and produce top-level
graduates who serve the ever-changing needs of aviation and
aerospace and other STEM-related disciplines. Embry-Riddle offers
programs in seven primary fields of study including: Applied
Science; Aviation; Business; Computers and Technology; Engineering;
Safety, Security and Intelligence; and Space.
For Academic Year 2020-21, there were over 10,700 undergraduate,
graduate, and doctoral students that attended the University’s
residential campuses and approximately 32,700 students in total
enrolled with the University around the world.
Embry-Riddle Aeronautical University is seeking an experienced
Associate Controller reporting directly to the University
Controller. This individual must be skilled and experienced with
the ability to provide collaborative leadership in the
organization's accounting, tax, compliance and related functions.
The Associate Controller must possess strong communication skills
and the ability to interact productively with all constituents of
the University. Under the direction of the Controller, the
Associate Controller will assist in providing leadership to the
University in the areas of cash management and treasury functions,
investment and endowment accounting, debt (including leasing),
accounts payable, taxation and other compliance areas. The
Associate Controller will lead a staff of nine full-time
Examples of Key Responsibilities and Opportunities for Associate
Treasury and Debt Management:
- Oversee banking and treasury functions and accounting including
cash, investments, and long-term debt, assuring financial reporting
is prepared in accordance with generally accepted accounting
- Direct and manage operational banking relationships and cash
management function to ensure sufficient liquidity is available to
meet operating needs while maximizing investment
- Collaborate with the University’s Accounting Office and the
Office of Philanthropy to account for the endowment and charitable
gift annuity portfolios.
- Work on special projects including researching technical
issues, providing data to other stakeholders for key reports
including bondholders and rating agencies, implement new accounting
standards, draft financial statement disclosures, respond to
internal and external auditor requests, and maintain investment and
long-term debt reporting systems.
- Maintain compliance of all bond covenants.
- Ensure timely and accurate preparation of informational surveys
and disclosure reports (NACUBO-TIAA Study of Endowments,
- Direct the operations of disbursements related to
- Oversee and ensure disbursements and wire transfers are
properly scheduled, processed and documented.
- Responsible for all 1099 processing on an annual basis, for due
diligence of abandoned property, as well as yearly filing with
- Oversee program administration of University’s Corporate Card
- Direct and establish payables deadlines and closing cut-off
- Responsible to support, and as needed, prepare timely and
accurate month-end closings and audit documentation along with
account reconciliations which support the general ledger for
designated business areas related to payables and related
- Resolve issues presented by other University constituents or
external parties and suppliers.
- Oversee and aid in the development, documentation and
implementation of all applicable accounts payable-related policies
and procedures. Assure adherence to University, as well as,
department policies and procedures.
- Serve as the risk management liaison for accounts
- Review existing financial controls; provide recommendations to
develop, refine and maintain controls to help ensure protection of
University resources and compliance with local, state, and federal
laws and regulations, as well as GAAP and FASB standards,
University policies and industry best practices.
- Develop compliance management checklist(s) and demonstrated
proof of completion.
- Collaborate with the Executive Director of Internal Audit, Risk
and Compliance and the Director, Enterprise Risk Management and
Compliance on compliance matters.
- Adhere to federal and state tax compliance requirements,
resolve tax notices, gather data and assist in field exams; provide
tax guidance to specific departments as needed.
- Review and/or prepare filings requirements, including but not
limited to, corporate, international, post-issuance bond
compliance, independent contractors, scholarships and fellowships,
non-resident aliens, sales and use, and real and personal property
- Determine appropriate tax objectives, scope, and methodology
and actively participate in decisions related to tax matters with
University management and other members of the Controller’s
- Propose and implement modifications to existing accounting
policies and procedures that impact tax and compliance.
- Assist with the development of tax-related communications and
training for University departmental personnel to improve awareness
on tax matters and financial compliance.
- Monitor the University's tax compliance, particularly in high
risk tax areas, identify potential tax exposure due to
non-compliance, assist with the recovery of taxes paid in error, if
any, and facilitate process improvements to mitigate compliance
gaps and weaknesses.
- Effectively leverage available technology and other resources
to maximize technical applications to support accurate and timely
- Stay up-to-date on the latest developments in nonprofit
accounting, tax, municipal securities market developments and
- Represent the Controller’s Office on cross-functional
initiatives through working groups, committees and team
- Exceptional personal qualities: A reputation for integrity and
the highest ethical standards; sound judgment; enthusiasm for the
mission; creativity in solving problems; collegial style and strong
desire to be an integral part of the Embry-Riddle community.
- Customer focus: Dedicated to meeting the expectations and
requirements of internal and external customers. Establishes and
maintains effective relationships with customers and gains their
trust and respect.
- Strong manager and leader: Demonstrated experience at leading
and developing professionals, with an emphasis on promoting
teamwork, supporting professional development, and fostering a
positive environment where people feel encouraged to speak up,
innovate, learn from mistakes, and make positive changes.
Demonstrated ability to establish a culture and expectation of
excellence in terms of what and how work is accomplished,
continuous improvement, and strong customer service. Demonstrated
ability and interest to be a trusted leader, ambassador, and
catalyst for change in a fast paced, and dynamic environment,
respecting all constituent groups. Proven experience in
establishing and maintaining strong professional relationships.
Outstanding interpersonal skills and demonstrated success in
networking and cross-functional collaboration.
- Effective communicator: Able to communicate effectively at all
levels of the organization. A sophisticated understanding of how
best to present complex financial issues and ideas effectively
orally and in writing with well-articulated analyses, reports, and
issues appropriate for varied audiences including senior leadership
and business officers/lead administrators.
- Systems and technology: Functional knowledge of information
technology and its appropriate use for effective and efficient
delivery of accounting and financial reporting. Experience with
Workday and/or Oracle a plus. Efficiency with the Microsoft Office
- Strategic agility: Able to see ahead clearly, anticipating and
aware of future consequences and trends. Strong financial and
analytical skills required to analyze information, practices, or
procedures to identify patterns, trends and inconsistencies,
develop logical and objective conclusions and formulate
alternatives and their implications.
- Well organized: Able to ensure all deliverables are met on time
with excellent products, while anticipating implementation or
workload issues related to emerging developments.
- Education and experience: A bachelor’s degree is required; a
degree in accounting or finance is preferred; an MBA or a master’s
degree in accountancy is preferred. Certified Public Accountant
certification is strongly preferred. Minimum of 5 years of
progressively responsible business and accounting leadership
experience in a similarly complex environment. Higher education
industry knowledge and knowledge of the principles and techniques
in higher education is a plus.