VP, Controller and Treasurer

Overview

“In a world that’s changing so quickly, you’re guaranteed to fail if you don’t take any risks”

The Controller functions as the Chief Accounting Executive responsible for organizing, directing, and controlling the work of the accounting personnel in collecting, summarizing and reporting financial data for the use of management, auditors, and compliance with New York State (NYS) and other regulatory authorities. This role is responsible for all aspects of accounting (including internal and external financial reporting), internal controls and financial accounting systems, and ensuring the accurate recording and reporting of the Organization’s financial information on a monthly and annual basis.

The Controller has direct supervision of the Assistant Controller, the Accounts Receivable Manager, and the Accounts Payable Manager. This is a “hands-on” position that requires managerial skills coexistent with the ability to be detail-oriented. The Controller is the technical accounting subject matter expert, who will develop, implement, and maintain documented accounting policies and procedures.

• Share oversight with the CFO, of the Finance Team;
  Accounts Receivable – 6, Accounting – 3, Accounts Payable – 1, Procurement – 3, Payroll – 4, Financial Planning & Analysis – 2, and a Finance Manager – 1.
• Manage Cash and Investments Portfolio of approximately $75M; serve as primary point of contact with NYS Treasury team and banking relationship (currently, JPMorgan Chase Bank, N.A.).
• Review and deliver accurate monthly/annual Financial Statements, analysis to budget, and full year forecast for select income and expense items.
• Manage completion of the audited Annual Financial Report, including the Management Discussion & Analysis, footnotes and schedules.
• Provide technical accounting leadership ensuring compliance with Generally Accepted Accounting Principles (GAAP) including implementation of required new pronouncements from the Governmental Accounting Standards Board (GASB).
• Prepare & analyze monthly Cash forecasting.
• Coordinate the relationship with the outsourced internal audit function including preparation for the annual risk assessment and support the multiple internal audit assignments as needed. Manage Finance-specific internal audit requests.
• Manage the relationship with the external audit firm, direct the annual planning process, and support the Assistant Controller to coordinate all phases of audit testing. Coordinate with auditors to prepare annual management representation letter, ensure compliance, and review with CFO/CEO.
• Support the Board Audit Committee by coordinating the external auditor’s presentation of the annual audit plan, engagement letter, audit results, annual report presentation, and Internal Audit’s review of the annual Procurement Report.
• Coordinate and review actuarial annual valuation for ongoing OPEB liability.
• Ensure timely and accurate filings with NYS agencies (multiple deliverables – Public Authorities Reporting Information System (PARIS)).
• Oversight and review of monthly close; assess, identify and implement best practice business process changes.
• Ensure proper maintenance of and provide analytical insights around general ledger chart of accounts to optimize use of Net Suite Planning & Budgeting/Hyperion system to enhance financial performance.
• Review and approve vendor non-purchase order payments and customer refunds.
• Review capital expenditures versus budget and monitor process.
• Serve as the steward of the control environment, maintain key internal control framework, develop/document process improvements, oversee periodic testing, and lead related education and information updates to leadership. Coordinate annual Internal Control Compliance Certification to the NYS Comptroller with Internal Controls Officer (Internal Auditor).
• Work closely with 3rd party financial systems helpdesk service provider and IT staff to maintain data integrity.
• Oversee monthly review of self-insured worker’s compensation liability, claims activity, related payments, and annual audit.
• Responsible for review and accuracy of revenue recognition, deferred revenue, and customer deposits.
• Revi…