Assistant Controller

Assistant Controller

University of Lynchburg, a private, regional university located in the beautiful foothills of the Blue Ridge Mountains in Central Virginia, is seeking applicants for a full‑time Assistant Controller position in the Finance Department.

$100,000 - $110,000 annually

The Assistant Controller supports the financial operations of the university by managing day‑to‑day accounting functions, ensuring compliance with financial regulations, and leading the preparation of financial statements and reports. This role requires strong leadership, technical accounting expertise, fund accounting expertise, and the ability to collaborate across departments to maintain financial accuracy and integrity.

• Assist in the timely preparation of accurate financial statements in accordance with GAAP and university policies.
• Coordinate the annual audit process, including preparing audit schedules and working with external auditors.
• Review and analyze financial reports to ensure data accuracy and integrity.
• Complete annual surveys and reports (FISAP, IPEDS, NCAA, EADA & AIES).
• Reconcile financial aid accounts and request cash drawdowns.

• Manage trial balance.
• Oversee general ledger activities.
• Perform account reconciliations.
• Record journal entries.
• Supervise bank account oversight.
• Lead month‑end, quarter‑end, and year‑end close processes.
• Manage fixed assets.
• Provide financial data to departments for annual reports.

• Ensure compliance with federal, state, and institutional financial regulations.
• Maintain and improve internal controls to safeguard university assets and support operational efficiency.

• Maintain and enhance financial systems and software.
• Identify opportunities for process improvements and automation to streamline financial operations.

• Minimum of 10 years of progressive accounting experience.
• Experience in higher education, non‑profit organizations, or complex financial environments is preferred.
• Knowledge of fund accounting principles and methods.

• Minimum of 5 years supervisory experience.
• Knowledge of GAAP and financial regulations.
• Strong proficiency in financial systems, integrated accounting software, Google Sheets, and Excel.
• Excellent analytical, problem‑solving, and organizational skills.
• Ability to access information and make informed decisions.
• Leading and mentoring staff.
• Strong leadership and oral/written communication abilities.

Regular business hours are Monday to Friday between 8:30 AM and 5:00 PM. Occasional extended hours may be required during critical periods (e.g., fiscal quarter‑end/year‑end, audits, or budget season).

Primarily sedentary; involves extended periods of computer use. May occasionally involve lifting items up to 20 pounds.

Generous paid vacation, personal days, paid sick time and family leave, comprehensive insurance (medical, dental, vision, etc.) and retirement plans, flexible spending account, tuition remission, life and long‑term disability insurance, and more.

Director

Full‑time

Accounting/Auditing and Finance

Accounting