1+ months
Posting Details

Job Title Controller
Requisition Number RE22428
Working Title
Department Name 3A000:Financial Services Administration
Work Location Lexington, KY
Grade Level 54
Salary Range $146,037-248,269/year
Type of Position Staff
Position Time Status Full-Time
Required Education

MA

Click here for more information about equivalencies: http://www.uky.edu/hr/employment/working-uk/equivalencies
Required Related Experience

7 yrs

Required License/Registration/Certification

None

Physical Requirements

The essential job functions of this position require you to: communicate and build working relationships with individuals from various levels throughout the university;work successfully in a team as well as independently; abide by University guidelines; ensure work is detailed, accurate and completed in a timely manner.

Shift

Monday-Friday 8:00am to 5:00pm; evenings and weekends required as needed.

Job Summary

The University of Kentucky is seeking an experienced financial expert to serve as our Controller and chief accountant. This leadership role is vital to maintain and expand the Universitys multi-faceted mission of teaching, research, health care, and service. The University Controller will collaborate across campus to ensure the University meets its ambitious goals.

The Controllers primary responsibilities include the following:
Oversight of internal and external financial reporting and tax compliance activities with an annual budget of approximately $4.6 billion.
Audit, update, create and implement formal policies, procedures and internal controls to ensure financial statements meet GAAP/GASB standards, comply with relevant laws/regulations and uphold the integrity of all financial data.
Provide expertise to executive staff on external regulations, internal financial operations and matters pertaining to the financial operations of the university.
Plan, direct and manage all aspects of the general ledger such as control and management of the chart of accounts and preparation of consolidated financial reporting and analysis.
Collaborate and meet regularly with departments to ensure compliance with policies and procedures while also sharing any new/updated compliance requirements.
Provide leadership, development and mentoring to six direct reports and more than 50 indirect reports to accomplish unit objectives.
Instill a culture of continuous improvement for the unit and university as it relates financial measures.
Lead special projects as requested by the Treasurer and senior leadership.
Model and promote excellent customer service by proactively engaging with the University community and external partners.

The University of Kentucky is in a unique position to fill two key financial leadership roles, Treasurer and Controller, at the same time. We aim to find candidates who can help us maintain our strong financial standing and execute our bold path forward we have set out to achieve.

Earlier this year, both Moodys and Standard & Poors reaffirmed our Universitys bond rating and strong financial outlook. Standard & Poors said our University has a very strong enterprise and financial profile, and called out our management and governance as an example of best in class with a rigorous and conservative budget process. Likewise, Moodys noted our steady enrollment and tuition revenue, as well as increasing reserve funds and solid operating cash flow.

We have attained this sound financial footing in conjunction with our initiative called Our Path Forward. This initiative ensures we can continue to educate our students and serve the Commonwealth. The universitys 2019-2020 budget included: tuition decreases for some students, merit pay increases for staff and faculty for the seventh year in a row, and investments in online education and our physical campus. In addition we continue to identify new revenue generating opportunities. All these efforts support the universitys priorities to continue ensuring affordable access to an outstanding education, providing competitive compensation for faculty and staff; and investing strategically in our research and service missions.

Welcoming a new Treasurer and Controller to our University community allows us to build on these successes.

Located in the vibrant city of Lexington, the University of Kentucky is a public, land-grant institution that plays a critical leadership role in promoting diversity, inclusion, economic development, and human well-being. The campus is home to approximately 30,000 students, 3,000 faculty, and 15,000 staff. The University is uniquely positioned, with a major academic health center and a full spectrum of academic colleges and professional schools on one campus.

This search is being led by UKs internal Executive Search Team. For more information about this position, or the Treasurer position, please contact Mary Beth Bracken at 859-257-3348 or via email at marybeth.bracken@uky.edu.

Skills / Knowledge / Abilities

Successful candidates must demonstrate knowledge of and experience in finance, accounting (including GAAP), internal controls, and reimbursement. The ideal candidate will possess deep understanding of higher education trends, issues, and risks. In addition, the candidate must have proven leadership skills and executive presence with the ability to gain respect and confidence with professional peers. It is essential that this individual possess high ethical standards, attention to detail, effective communication, the ability to build teams and relationships, results orientation and commitment to staff development.

Does this position have supervisory responsibilities? Yes
Preferred Education/Experience

A Masters Degree in Business Administration, Accounting, or Finance plus 10 or more years of fiscal planning and analysis leadership experience in a Higher Education institution.

A CPA license is highly preferred and health care experience is a plus.

Deadline to Apply 03/29/2020
University Community of Inclusion

The University of Kentucky is committed to a diverse and inclusive workforce by ensuring all our students, faculty, and staff work in an environment of openness and acceptance. We strive to foster a community where people of all backgrounds, identities, and perspectives can feel secure and welcome. We also value the well-being of each of our employees and are dedicated to creating a healthy place to work, learn and live. In the interest of maintaining a safe and healthy environment for our students, employees, patients and visitors the University of Kentucky is a Tobacco & Drug Free campus.

As an Equal Opportunity Employer, we strongly encourage veterans, individuals with disabilities, women, and all minorities to consider our employment opportunities.

Any candidate offered a position may be required to pass pre-employment screenings as mandated by University of Kentucky Human Resources. These screenings may include a national background check and/or drug screen.

Categories

Posted: 2020-02-18 Expires: 2020-04-22

Career Employment at UK

UK offers fulfilling careers in diverse fields supporting our teaching, research and health care missions. We also offer a compelling benefits package, including a generous retirement savings match and a supportive work environment distinguished by a respect for the unique work-life needs of every individual. Our culture of learning also provides tremendous support and resources for ongoing education, training and development. 

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Controller

University of Kentucky
Lexington, KY 40507

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