Assistant Controller, U.B. Foundation
Role Overview
• Perform daily accounting operations and general ledger activities, including cash management, banking, property and asset accounting, and real estate accounting and reporting.
• Participate in monthly and annual financial close processes, including journal entries, account reconciliations, accruals, and financial statement preparation.
• Oversee investment accounting activities, including reconciliations, reporting audit support, and management of investment accounting software.
• Provide general guidance to accounting staff while promoting teamwork, accountability, and continuous process improvement throughout the department.
• Oversee accounting, financial reporting, and compliance activities for UBF real estate operations and affiliated entities.
• Review and maintain capitalization policies, depreciation schedules, tenant lease agreements, and related accounting records.
• Prepare and review financial statements, property operating reports, rent receivable and accrual schedules, debt service coverage schedules, and other management reports.
• Assist in the preparation of annual audited financial statements, related footnotes, and reviewed financial statements.
• Support audit activities and serve as a key contact for external auditors, ensuring timely completion of audit requirements and deliverables.
• Assist with the annual budgeting process for UBF and affiliated organizations, with a particular focus on the real estate entity budgets, including budget preparation, financial modeling, forecasting, variance analysis, and management reporting.
• Coordinate debt-related reporting, compliance requirements, disclosures, and audited financial statement footnotes.
• Facilitate debt instrument renewals and maintain communications with consultants and external parties.
• Prepare and submit required annual reports to lenders, rating agencies, bondholders, and regulatory organizations.
• Monitor compliance with debt covenants and reporting obligations.
• Our benefits , where we prioritize your well-being and success to enhance every aspect of your life.
• Being a part of the University at Buffalo community.
Full Job Posting
Position Summary
- Perform daily accounting operations and general ledger activities, including cash management, banking, property and asset accounting, and real estate accounting and reporting.
- Participate in monthly and annual financial close processes, including journal entries, account reconciliations, accruals, and financial statement preparation.
- Oversee investment accounting activities, including reconciliations, reporting audit support, and management of investment accounting software.
- Provide general guidance to accounting staff while promoting teamwork, accountability, and continuous process improvement throughout the department.
- Oversee accounting, financial reporting, and compliance activities for UBF real estate operations and affiliated entities.
- Review and maintain capitalization policies, depreciation schedules, tenant lease agreements, and related accounting records.
- Prepare and review financial statements, property operating reports, rent receivable and accrual schedules, debt service coverage schedules, and other management reports.
- Assist in the preparation of annual audited financial statements, related footnotes, and reviewed financial statements.
- Support audit activities and serve as a key contact for external auditors, ensuring timely completion of audit requirements and deliverables.
- Assist with the annual budgeting process for UBF and affiliated organizations, with a particular focus on the real estate entity budgets, including budget preparation, financial modeling, forecasting, variance analysis, and management reporting.
- Coordinate debt-related reporting, compliance requirements, disclosures, and audited financial statement footnotes.
- Facilitate debt instrument renewals and maintain communications with consultants and external parties.
- Prepare and submit required annual reports to lenders, rating agencies, bondholders, and regulatory organizations.
- Monitor compliance with debt covenants and reporting obligations.
- Our benefits , where we prioritize your well-being and success to enhance every aspect of your life.
- Being a part of the University at Buffalo community.
Minimum Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field required.
- Five to seven years of progressively responsible accounting and financial management experience, preferably in nonprofit, higher education, real estate, investment, or public accounting environments.
- Demonstrated experience with financial reporting, budgeting, audits, investments, and real estate accounting.
- Strong knowledge of GAAP and financial reporting requirements.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Ability to analyze financial information and develop practical recommendations.
- Experience in preparing financial statements and disclosures for year-end audit.
Preferred Qualifications
- Master’s degree preferred. Certified Public Accountant ( CPA ) license strongly preferred.
- Experience leading projects and collaborating across departments preferred.
- Experience with accounting and financial management systems; AccuFund experience desirable.
Campus
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Posted
Deadline for Applicants
Date to be filled
About UB Foundation Activities
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