The Controller’s key working relationships include the Foundation Treasurer, Asst. Vice President of Fiscal Affairs, Chair of the Investment Committee, Foundation Executive Committee, outside accounting firm, financial institutions, and many individuals in a range of areas across the College, including but not limited to Institutional Advancement, Administration and Finance, Student Development, Academic Affairs and the President’s Office. This position requires a strong knowledge of generally accepted accounting practices and software financial programs, as well as an understanding of a range of tax reporting requirements, and leadership skills.
Monitor and control the Foundation’s endowment (valued at approximately $9 million). Work effectively with the Foundation’s investment committee and representatives of Foundation’s investment management firm. Stay informed of best practices in the industry.
Oversee all distinct endowment funds, including scholarships, restricted and unrestricted accounts. Process, approve and enter all fund activity, monitor status of endowment and investment accounts, ensure payment of awards and scholarships in compliance with endowment spending policy.
Ensure that the Foundation stays in compliance with federal, state and Board of Trustees reporting requirements. Stay current with IRS 990, and UPMIFArequirements and any other relevant legal and tax matters.
Furnish data analysis, reports and make recommendations to the members of the Foundation and investment, executive, and audit committees. financial and statistical reports; monthly, quarterly and annual account reconciliations; and other periodic account reporting.
Work closely with the Foundation Treasurer and the Foundation’s accountants in organizing the annual audit as well as preparing all necessary reports and filings in accordance with internal reporting needs and new FASBand GASB requirements, as well as the college’s business office and their accountants to coordinate the consolidated financial statements. Preparation, maintenance and generation of reports and spreadsheet files on an as needed basis as well as monthly, quarterly and annually (including Trial Balance, Income Statement and Balance Sheet).
Develop and enforce all internal controls, policies and procedures required by accounting standards, and manage the performance, maintenance and utilization of the accounting database.
Work with Foundation Secretary/Assistant to the vice-president for advancement to manage Policies and Procedures for all Foundation activities, including activities from cash receipts and year end audits, office procedure and systems, supporting schedules and reporting requirements, special events. Attend all Foundation meetings.
Serve as the primary Foundation liaison to the college’s business office.
Promote the University’s commitment to diversity, collegiality, and service excellence by: •Build effective partnerships with co-workers throughout the University by freely sharing appropriate information and providing assistance when needed. •Ensuring optimum service to all internal and external partners in response to all requests for service and information. •Maintaining an environment that is welcoming to persons of all backgrounds, nationalities, and roles.
Required Minimum Requirements
Bachelor’s degree in accounting, business or related field.
Five years of financial management experience, including expertise in fund accounting standards and procedures and a solid familiarity with investment management principles.
Budget planning and data management, experience working with fundraising, and financial software applications.
1. Master’s degree and/or accounting certification is preferred.
2. An understanding of and commitment to the field of higher education, arts or culture is a plus.
3. Well developed administrative and managerial skills.
4. Successful experience working with volunteer boards and committees.
5. Ability to exercise discretion in dealing with confidential matters.
6. Ability to reason and exercise independent and sound judgment.
7. Ability to work with volunteers in an effective professional manner.
8. Ability to handle numerous and complex assignments simultaneously in an effective and efficient manner.
9. Ability to communicate effectively in written and oral form.
10. Ability to understand, explain, and apply the law, rules, regulations, policies and procedures, which apply to assigned areas.
11. Ability to deal tactfully with others.
12. Ability to coordinate the efforts of others in accomplishing assigned work objectives
About Massachusetts College of Art and Design
The five educational institutions that make up Colleges of the Fenway view diversity as a key component in the growth of our students' educational experience as well as our ongoing journey as professionals charged with maintaining the world class status of our institutions. By drawing from a wide cultural palette, we ensure that we have access to the full range of talent available. Through our respect for the vast array of backgrounds we create an environment that will help that talent grow. It is within an environment of respect that we are able to build and work toward our goals. Our goal is to create an atmosphere that values mutual respect. All Colleges of the Fenway members have policies and practices designed to safeguard our healthy environment as well as provide the support and access needed to do so. The Colleges of the Fenway are located in the heart of Boston?s academic, scientific and cultural communities and is within walking distance from landmarks such as the Museum of Fine Arts, Fenway Park, Symphony Hall and world renowned medical institutions. Jobs at Emmanuel College: http://emmanuel.edu/About_Emmanuel/Employment.htmlJobs at Massachusetts College of Art and Desig...n: http://www.massart.edu/About_MassArt/Careers.htmlJobs at Massachusetts College of Pharmacy and Health Sciences: http://www.mcphs.edu/about-mcphs/careers-at-mcphsJobs at Simmons College: http://simmons.edu/overview/about/jobs/Jobs at Wentworth Institute of Technology: https://jobs.wit.edu/