VP
Higher Education

N/A

VP & Controller

Strada Education Foundation
United States

2 years ago

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This individual reports to the Sr. Vice President and Chief Accounting Officer.  Responsibilities include, developing accounting policies and procedures, development of internal accounting controls, external reporting and information requirements for internal reporting: maintaining 1) complete and accurate financial statements in accordance with GAAP, and 2) nonprofit accounting financial statements, management of general accounting functions (including payroll, accounts payable and accounts receivable / revenue, and record to report), management of general ledger / accounting systems, monthly and year end close, managing the year-end financial statement and Uniform Guidance audit, and management of any other external audits, e.g. 401(k) audits. This individual will assist with the preparation of the book tax provisions for the for-profit entities and UBI related to the not-for-profit entities. This individual will have primary responsibility managing Strada’s Accounting Center of Excellence (COE) as part of Strada’s shared services center, providing accounting support to Strada’s internal and affiliate entities. This individual will be considered as a strong candidate to succeed the current SVP CAO.

Four core responsibility areas, listed below with the approximate time required for execution.

  • General Accounting:  ensure complete and accurate financial reporting in accordance with U.S. GAAP by ensuring that financial policies are established, refreshed and enforced, records are kept in a timely manner in accodance with GAAP; and that adequate controls are in place to safeguard the organization’s assets,, timely completion of monthly accounting close, and timely and accurate management reporting. Ensure strong relationships with Collaborative Organization and gain their trust and satisfaction, measured by ongoing feedback and periodic customer satisfaction surveys.
  • Ensure timely completion of the external financial statement audit with limited findings (including the Uniform Guidance audit). Provide overview assistance to Collaborative organizations related to Federal Grant Compliance, as well as necessary financial reporting needed to assist in their performance of controls.
  • For any acquisition, disposition, new entity or reorganization work (if applicable during the year), provide support to executive, legal and other acquisition teams related to such matters as applicable e.g. structuring, due diligence, purchase/disposition accounting, tax related matters and contingent purchase matters. Support would also include adding or removing said organization from any accounting setups (tax filings, invoice forms, NetSuite/ADP/Certify/Tipalti setups).
  • Execution and management of the accounting COE providing day to day guidance, direction and support to the accounting department and shared service stakeholders.  Continue to execute and improve shared service platform through Phase II of Accounting Redesign. Requires a continuous improvement mindset and vision to implement digital strategies to drive process improvement.  The candidate should be comfortable transitioning the accounting team to a KPI-driven organization delivering against customer service level agreements (SLA’s)  and standard operating procedures (SOP’s).  Innovative thinking and vision should be balanced with adherence to accounting policies, procedures / processes and applicable controls.
  • Education
  • Bachelor’s degree in Accounting.& CPA is required.
  • MBA a plus
  • Experience and Skills Required
  • Minimum level of 7-10 years total progressive experience in accounting.
  • 5+ years of management experience in an accounting/financial area.
  • Familiarity with non-profit tax, accounting and reporting along with a solid general understanding of tax (both NFP and For Profit).
  • Experience with GAAP, general ledger systems, general accounting, and accounting controls.
  • Demonstrated technical accounting experience and implementation of new standards.
  • Demonstrated ability to effectively interact with multiple levels of senior management.
  • In-depth experience with excel and accounting software applications.
  • Strong ERP system experience (NetSuite preferred)Previous controller experience or demonstrated experience to execute function.
  • Experience implementing and delivering accounting as a shared service.
  • A continuous improvement mindset with strong process improvement, transformation and change management skills.
  • Experience with M&A transactions including valuation, tax, due diligence, and structuring and Business Combination accounting knowledge and experience.
  • Strong analytical, writing and communications skills.
  • Excellent interpersonal skills and a strong belief in driving superior organizational health for team members; i.e demonstrated leadership skills.
  • Initiative—taking personal responsibility and ownership for completing job duties and assigned tasks.
  • Ingenuity—finding practical solutions to challenges focusing on the solution rather than the issue.

Desired Qualifications

  • Major accounting firm experience is highly preferred.
  • Well organized and ability to multitask effectively.
  • Experience reviewing support for mark to market valuation of Investments.
Salary
$
Ranks
Responsibility
Scope
-
Workplace
-
Functions
Level
N-1
Travel
50%
Date Added
07-21-2023

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