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||Bryn Mawr, PA United States
Bryn Mawr College seeks a collaborative, results-driven member of the accounting team which collectively is responsible for ensuring accurate, efficient processing of financial transactions, maintaining sound accounting policies and practices, and balancing effective compliance with excellent customer service. This position is within the Controller’s Office which is a department of twelve employees responsible for financial, endowment and grant accounting; financial reporting; policy development; tax management; procurement and accounts payable; payroll processing; accounts receivable; student accounts; and cash management.
The successful candidate will possess accounting experience, preferably in a not-for-profit or higher education environment. She/he will demonstrate the highest ethical standards and a collegial style.
The College is a leading private institution of higher education founded in 1885 and located in Bryn Mawr, Pennsylvania on an historic and picturesque suburban campus less than ten miles from the downtown center of Philadelphia. The undergraduate college offers a four-year, residential experience to approximately 1,400 women representing 50 different U.S. states, districts, and territories and 60 different countries with an expansive liberal arts curriculum. Bryn Mawr was the first women’s college to offer graduate education through the Ph.D., and the College continues its support of master and doctoral programs through its Graduate School of Arts and Sciences and its Graduate School of Social Work and Social Research. Through the support of alumnae/i and other donors, the College has an endowment of approximately $900 million, comprised of over 1,400 individual accounts. The College has an annual operating budget of approximately $125 million and has produced a positive operating margin in all but one of the last fifteen fiscal years. The College’s bond ratings are Aa2 by Moody’s Investors Services and AA by Standard & Poor’s.
• Prepare various bank reconciliations and other asset, liability, revenue and expense reconciliations using various data sources to collect necessary information. Take appropriate action to promptly resolve any reconciling items discovered.
• Assist as needed with grant management duties including ensuring spending complies with budgetary and regulatory requirements, performing administrative functions of pre-award and post-award activities for grants and contracts, and working with the Office of Sponsored Research.
• Review all statements and correspondence from investment managers and prepare all monthly, quarterly, and annual journal entries related to endowment investments deferred gifts, and trusts, including market value updates and recording of investment-related transactions such as capital call, distribution, redemption and other activity.
• Maintain Excel workbooks related to the College’s investments, including monthly endowment unitization, capital commitment balances and endowment cash balances. Initiate transfers between endowment cash and operating cash in accordance with College policies.
• Prepare accounting schedules for the annual audited financial statements and respond to requests for information from the auditor, investment consultant, the Controller, the CFO and other internal colleagues.
• Track cash-related activity and create projections of future operating cash balances and use that information to help manage the investment of the working capital.
• Establish the practices employed by those campus departments responsible for cash and credit card transactions (e.g., Development, the Bookstore, Dining Services, Athletics, etc.) are compliant with applicable regulations, PCI rules and the College’s internal control standards.
• Work with the College’s banking partners to understand what technology and services are available; make recommendations about which would benefit the College; work on their implementation.
• Manage paperwork and accounting for the faculty mortgage program.
• Assist in other accounting areas as required/directed; perform other related duties and special projects as assigned.
The position will remain open until filled. Salary will be based on experience. The College offers a very generous benefits package. Application materials should include a letter of interest addressing how the applicant meets the qualifications and the responsibilities, a resume, and a list of at least three professional references with full contact information and a note explaining their relationship to the candidate. Materials should be sent via Interfolio: http://apply.interfolio.com/55420
Bryn Mawr College is an equal opportunity employer. Applications are considered without regard to race, religion, national origin, color, sex, age, marital or veteran status, sexual orientation, or the presence of any non-job related medical conditions or handicaps.
Qualifications & Requirements
• A bachelor’s degree from an accredited institution, preferably with coursework in accounting, finance, business or a related field
• A minimum of 5 years of work experience in an accounting role, with preference for two or more years in a higher education or not-for profit environment
• Understanding of accounting concepts and functions such as fund accounting, general ledger organization, account reconciliation, journal entries, grant accounting, and endowment/investment accounting.
• Advanced expertise with Excel; knowledge of relational databases and proven data analytical skills
• Flexibility and willingness to learn and take on new functions and responsibilities over time
• Ability to think critically, work independently and problem-solve, yet not be afraid to ask for assistance to ensure accuracy/minimize errors, and interest in working as a supportive team member
• Strong organizational, analytic, interpersonal, and customer service skills; ability to effectively communicate orally and in writing; ability to work under pressure and comply with deadlines
• Integrity, the highest ethical standards and the ability to handle confidential information appropriately
Located in metropolitan Philadelphia, Bryn Mawr College is a distinguished liberal arts college for women and has strong consortial relationships with Haverford College, Swarthmore College, and the University of Pennsylvania. Bryn Mawr has a student body of 1,300 undergraduates, as well as 350 graduate students in coeducational graduate programs in social work, humanities and science. We are a diverse and international community of faculty, students and staff who share an intense commitment to intellectual inquiry and a desire to make meaningful contributions to the world. Bryn Mawr College is an equal-opportunity employer; candidates from underrepresented groups and women are especially encouraged to apply.