Controller

Pratt Institute Brooklyn , NY 11201

Posted 3 weeks ago

Are you an experienced financial leader with a passion for steering comprehensive accounting operations? Join us as we seek a Controller to oversee our institution's financial strategies and operations.

The Controller leads all financial, accounting, and treasury operations within the institution, shaping financial policies and standards, overseeing accounting processes for both unrestricted and restricted funds, payroll, accounts payable, and purchasing, and guiding annual budget management. This role also entails responsibility for internal and external financial reporting, coordinating annual financial audits, and collaborating with departments across the institution.

Position Responsibilities:

Financial Management and Oversight:

  • Direct supervision of the Assistant Controller, Purchasing Director, and Payroll Supervisor.

  • Provide leadership, mentoring, and assistance in the management and daily operations of the Accounting, Accounts Payable, Payroll, and Purchasing functions.

  • Management of the Institute's General Ledger and ensure compliance with accounting standards.

  • Management of cash activities and investment recording.

  • Accurate preparation and timely submission of financial reports to external sources.

  • Completion and submission of annual IRS Form 990.

  • Supervise the year-end closing of the General Ledger Accounts.

  • Oversee the activity of the Perkins loan program.

  • Supervise preparation of quarterly financial statements.

  • Oversee restricted account activity.

Audit and Compliance:

  • Responsible for the management and coordination of the annual year-end financial audit.

  • Coordinate the annual 403(b) plan audit.

  • Ensure investment activity is appropriately recorded.

  • Interact with various departments, vendors, and financial institutions regarding accounting matters.

  • Interface with Student Financial Services to ensure accurate reporting.

  • Develop and implement appropriate accounting policies and procedures.

Budgeting and Planning:

  • Lead the budget team in preparation of the annual operating budget.

  • Prepare and monitor the annual budgets for the Controller's office and Purchasing.

  • Develop and implement changes to improve daily operations.

  • Lead the implementation of new technology and systems.

Collaboration and Leadership:

  • Collaborate with departments across the institution.

  • Attend Finance and Audit Committee meetings.

  • Participate in/supervise hiring and training of new staff in the Controller's department.

  • Act as a resource to the committees on budget, cash flow, financial position, and compliance.

Education: Bachelor's Degree in Accounting, Finance or related field; Master's degree preferred.

Certification/Licensure: Certified Public Accountant preferred.

Experience: Minimum 7 years' experience directly related to the duties and responsibilities specified.

Experience in a non-profit organization or higher education preferred.

Skills:

  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.

  • Highly developed and comprehensive financial management skills.

  • Ability to develop, plan and implement short- and long-range goals.

  • Ability to foster a cooperative work environment.

  • Strong human resources development and management skills.

  • Strong analytical, critical thinking and decision-making skills.

Decision-Making: High level of independence, minimum level of supervision required.

Communications/Contacts: High level of contact with staff including at the senior level of the institution and trustees. External contact with investment firms, banks and other financial institutions; federal, state and local agencies; government agencies, auditors, vendors, etc.

Supervisory Responsibility: Direct supervision of three Directors and Indirect supervision of approximately 15 full time staff.

Salary is competitive and commensurate with experience and qualifications. Salary range is $170,000-185,000. The position will be hybrid a minimum of 4 day/wk.

Generous Benefits:

  • 403B Retirement Program

  • Supplemental Retirement Account

  • Tuition Benefits for Employees and Dependents

  • Tuition Exchange Program

  • Summer hours

  • Flexible Spending Accounts - commuter, medical, dependent care

  • Child Care Benefit

  • Basic life and AD&D insurance provided by Pratt

  • Medical, Dental, and Vision Care Coverage

About Pratt Institute:

Pratt Institute provides the creative leaders of tomorrow the professional knowledge and experience to make a better world. A world-class and internationally ranked college with programs in art, design, architecture, liberal arts and sciences, and information studies, Pratt offers nearly 50 undergraduate and graduate degree programs.

The Institute's impact expands beyond its 25-acre residential campus in Brooklyn to cutting-edge facilities throughout the borough, a landmark building and public gallery in Manhattan, as well as an extension campus, Pratt Munson College of Art and Design in Utica, New York. On Governors Island, Pratt is a core partner on the Stony Brook University team selected to develop the New York Climate Exchange, a research and educational hub poised to establish New York City as the global leader for the most pressing issue of our time: climate change. Another extension of Pratt's campus is the Research Yard, a 20,000-square-foot facility that brings together the research activities of Pratt Institute under one roof in the Brooklyn Navy Yard (BNY).

  • Please submit your cover letter and resume.

  • If you are selected for an interview, please be prepared to provide at least 5 References via our online reference tool system. At least 2 of your References must be, or have been, your direct managers.

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