This position is responsible for providing support and oversight for the Accounts Payable/ Receivable functions, preparation of consolidated financial statements, establishing and maintaining internal controls over financial reporting, and management of the treasury function at Wheaton College. The Assistant Controller will assist in developing, documenting, and ensuring compliance with GAAP and Auditing Standards as well as Wheaton College’s policies and procedures. This position reports to Controller and supervises the Accountant III position.
Duties & Responsibilities
Manages the monthly G/L close and reporting.
Ensures the timeliness and accuracy of the financial statements providing insight to account variances.
Assists the Controller with preparation of Board Reports.
Assists the Controller in the annual financial audit process, including assistance with year-end closing procedures and footnote preparation for the audited financial statements.
Works closely with the Director of Student Financial Services to prepare and oversee the annual single audit (A-133).
Oversees the Accounts Payable functions, develop policies and procedures, and implement best business practices.
Supervises the College’s treasury functions including AR/AP, bank reconciliations, and debt service payments.
Assists the Controller in developing and maintaining the College’s short and long-term treasury plans.
Supervises Accountant III staff, AP specialist, and AP Clerk.
Develops annual goals and conducts annual performance reviews.
Reviews and approves work tax filings including 1099 and 1098 reports.
Reviews and approve draws for government funds and reports.
Manages PCI compliance at all College’s POS and credit card processing platforms.
Ensures G/L feeds from Student Financial Services, Advancement, and Payroll are accurate and post in a timely manner.
Ensures compliance with bond and SBPA covenants.
Assists with training of Faculty and Staff on accounting processes and procedures.
Remains current on changes in regulations and other industry news.
Employer will assist with relocation costs.
Additional Salary Information: Exempt
About Wheaton College (IL)
As the top distinctively Christian liberal arts college in the U.S., Wheaton College ranks among the best liberal arts colleges in the nation according to U.S. News & World Report, Forbes, Kiplinger’s, and Fiske. Wheaton offers an affordable top-tier education that will prepare you to make an impact in the world for Christ and his kingdom.