Associate Controller, Restricted Funds & Research

Position: Associate Controller, Restricted Funds & Sponsored Research
Location: New York

* Serve as the named owner of internal controls related to endowment and restricted fund accounting, ensuring compliance with U.S. Generally Accepted Accounting Principles (GAAP), the New York Prudent Management of Institutional Funds Act (NYPMIFA), donor agreements, and applicable regulatory requirements.
* Review and interpret restricted gift and endowment agreements; determine appropriate accounting treatment and classification in the College’s general ledger.
* Establish new restricted and endowment funds in Workday and endowment systems, ensuring accurate worktag structure and documentation retention.
* Oversee accounting for:  + Endowment investment activity  + Spending distributions  + Releases from restriction  + Related journal entries
* Serve as Finance lead for post-award accounting of sponsored research grants.
* Ensure compliance with:  + Uniform Guidance (2 CFR 200)  + Federal agency regulations  + Sponsor-specific award terms  + Institutional policies
* Manage and perform:  + Grant setup in Workday  + Budget alignment and cost allocations  + Fringe benefit;
Interest & Indirect cost (F&A) recovery accuracy  + Effort reporting financial validation (in partnership with HR/Provost)  + Cost transfers and allowability review  + Matching contributions  + Subrecipient financial monitoring (in coordination with Sponsored Research | Institutional Funding)
* Review and approve expenses charged to sponsored grants to ensure allowability, allocability, and consistency with sponsor requirements.
* Support grant closeout processes, ensuring financial accuracy and timely reporting.
* Coordinate preparation of federal financial reports (FFRs) and other sponsor financial deliverables.
* Bachelor’s degree in Accounting required; CPA strongly preferred.
* Minimum of five (5) years of progressive accounting experience, preferably in higher education or complex nonprofit environments.
* Demonstrated expertise in GAAP; NYPMIFA; endowment accounting; restricted fund compliance;
Uniform Guidance (2 CFR 200); and sponsored research compliance.
* Experience supporting Single Audit strongly preferred.
* Advanced Excel skills required.
* Experience with Workday Financials and grant modules preferred.
* Strong analytical judgment and ability to manage compliance risk.
* Excellent written and verbal communication skills.
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