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Associate Vice President & University Controller, Financial Operations

Associate Vice President & University Controller, Financial Operations

Institute of Management Accountants, Inc.Boston, MA, United States
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Overview

Associate Vice President & University Controller, Financial Operations

Job Description : Associate Vice President & University Controller, Financial Operations

Category : Charles River Campus >

Professional

Job Location : Boston, MA, United States

Posting Date : 8 / 20 / 2025

Salary Grade : Grade 00

Position Type : Full-Time / Regular

Reporting to the Vice President, Financial Operations, Boston University’s (BU) Associate Vice President & University Controller (Controller) is responsible for maintaining the accounting records of the University, providing accurate and timely financial reporting, ensuring the protection of university assets by establishing and maintaining adequate internal controls, and implementing cutting edge new technology and staying abreast of industry trends.

The Controller provides leadership and direction of the accounting staff and operations of the University. This includes maintenance of accounting records; production of related financial reports; and adherence to internal controls to mitigate risk, enhance accuracy of the University’s financial position, and ensure compliance with relevant laws, regulations, industry best practices as well as GAAP and FASB standards and state / federal requirements. The Controller oversees over 65 staff across departments including Student Financial Services, Financial Accounting & Reporting, Tax Services, Payroll Services, Research Financial Operations, and Property Management.

Additionally, the Controller is responsible for internal and external financial reporting and regularly supports reporting to the Board of Trustees and relevant Board committees. This includes but is not limited to annual audited financial statements, managing external auditors, IPEDS reporting, and compilation of the University’s fringe and indirect cost proposals.

Major duties

  • Responsible for staff development, including assisting managers as they formulate development plans for their teams. Direct reports include :

Associate Controller, Payroll Services

  • Assistant Vice President of Student Financial Services (SFS) who oversees Student Customer Service, Cashier Services, and Student Loans & Collections.
  • Assistant Vice President of Financial Accounting & Reporting and Tax Services
  • Associate Controller of Research Financial Operations, including Grant and Miscellaneous Receivables, and Property Management
  • Design, establish, and maintain an organizational structure and staffing to effectively accomplish organizational goals and objectives; recruit, employ, train, supervise, and evaluate personnel staff.
  • Review month-end close reporting to university leadership and prepare monthly board committee presentations based on the University’s financial performance. Prepare routine and ad hoc financial analysis and reports for senior leadership.
  • Oversee the preparation of the university’s consolidated financial statements including footnotes and MD&A in accordance with GAAP. Serve as a liaison with the external auditors and lead all external financial audits. Serve as staff to the Board of Trustees Audit Committee.
  • Responsible for establishing an internal control environment related to financial information and the accounting for the University’s assets.
  • Act as committee member for various subsidiaries, related parties, task forces, and working groups in collaboration with internal and external partners.
  • Required Skills

  • CPA qualified and master’s degree (MBA, MSA or its equivalent).
  • 12+ years of experience in financial accounting management, preferably in higher education; last five years in a supervisory / managerial capacity including supervising, hiring, and evaluating staff. Note : Seven years of higher education audit experience with managerial responsibilities may be an appropriate substitute.
  • Demonstrated subject matter expertise in internal controls, compliance, GAAP.
  • Adept at communication, negotiation, influencing, critical thinking, collaboration, problem solving, and empathy.
  • Excellent analytical skills and effectiveness dealing with complex processes and systems; knowledge of report writing applications.
  • Experience managing staff and office operations; strong leadership and team-building skills.
  • Strong time management and planning skills to coordinate multiple projects in a fast-paced environment.
  • Self-motivated, proactive, intellectually curious.
  • Preferred Skills

  • Extensive experience with SAP and / or other ERP reporting tools (Oracle, PeopleSoft, Banner, ERP), Campus Solutions, and Microsoft Office Suite.
  • Benefits / Other Information

    Boston University’s benefits package includes health, dental, life insurance, and paid time off. Full-time employees are eligible for tuition remission for BU courses, with remission also extended to dependents. For details, please refer to the Boston University benefits page.

    The Financial Affairs department values diversity and is committed to building an inclusive and equitable team where all constituents can thrive. We encourage applications from women and under-represented groups who share our interest in serving a university community with diverse needs, backgrounds, ethnicities, and abilities.

    Interested applicants should upload a resume, list of references (if available), and a cover letter addressed to "Hiring Manager - AVP and University Controller". We will provide reasonable accommodation to participate in the application or interview process upon request.

    We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or other legally protected status. We are a VEVRAA Federal Contractor.

    To apply, visit the BU careers page.

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