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Associate Controller

Job in Portland, Cumberland County, Maine, 04122, USA
Listing for: Bowdoin College
Full Time position
Listed on 2026-01-25
Job specializations:
  • Finance & Banking
    Accounting Manager, Financial Manager, Accounting & Finance, Financial Compliance
  • Management
    Financial Manager
Job Description & How to Apply Below

The Associate Controller serves as the College’s senior accounting leader and principal partner to the Controller, with responsibility for overseeing all financial accounting and reporting activities. This role leads general ledger operations, financial close and reporting, audit coordination, and accounting policy implementation, ensuring accuracy, integrity, and compliance with applicable standards and regulations. The position supervises a team of financial analysts and works closely with senior leadership to support institutional decision-making.

Essential Functions:
  • Lead the College’s financial accounting and reporting functions, ensuring accuracy, integrity, and compliance with accounting principles and regulatory requirements. Stay current of emerging accounting standards, regulatory developments, and best practices in higher education finance.
  • Supervise and mentor a small team of accounting professionals, providing guidance, training, and professional development opportunities as needed.
  • Coordinate and oversee year end accounting close and preparation of annual financial statement and Uniform Guidance audit schedules. Work closely with the Controller to prepare annual financial statements and footnote disclosures.
  • Collaborate with internal stakeholders, including senior leadership, department heads, and budget managers, to support financial decision-making and strategic planning initiatives. Provide a high level of customer service to all campus constituents.
  • Coordinate and oversee year end accounting close and preparation of annual financial statement and Uniform Guidance audit schedules. Work closely with the Controller to prepare annual financial statements and footnote disclosures. Serve as primary liaison with independent auditors during audits.
  • Coordinate and oversee monthly and quarterly general ledger closing activities. Review and post monthly journal entries.
  • Prepare and/or review internal financial reports as needed. Respond to external requests for information, completing annual surveys and other requests as needed.
  • Work with the Controller and Director of Payroll and Accounts Payable to document policies and procedure. Identify process inefficiencies and internal control weaknesses and work effectively with Controller to recommend and implement improvements.
  • Periodic review of balance sheet reconciliations prepared by various members of Controller’s Office staff. Assist as needed to resolve outstanding items.
Education and Skills Requirements:
  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
  • CPA designation (does not need to be an active license in Maine).
  • Strong technical knowledge of GAAP, financial reporting standards, and internal control frameworks, with the ability to interpret and apply complex accounting principles and regulations.
  • Advanced reporting and audit skills; demonstrated understanding of complex accounting concepts.
  • Excellent analytical skills, attention to detail, and problem-solving abilities, with the capacity to analyze complex financial data and communicate findings effectively to diverse audiences.
  • Superior interpersonal and communication skills, with the ability to build and maintain effective relationships with internal and external stakeholders at all levels of the organization.
  • Proven project management skills, with the ability to manage multiple priorities, meet deadlines, and drive results in a fast-paced and dynamic environment.
  • Demonstrated ability to foster an inclusive and supportive work environment.
Preferred:
  • Master’s degree in Accounting, Finance, Business Administration, or related field.
Experience Requirements:
  • Minimum of 5 years working in in financial accounting, reporting, and analysis.
  • At least 2 years of supervisory experience.
  • This position is subject to a criminal history background check and credit check.
  • Demonstrated leadership abilities, with a track record of effectively leading and developing teams, fostering a culture of collaboration, innovation, and excellence.
Preferred:
  • Prior experience in public accounting, higher education, or nonprofit environment.

This is a full time, year round (1.00 FTE) exempt…

Position Requirements
10+ Years work experience
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