Another Source’s client, California State University, Los Angeles, is recruiting an Assistant Controller to join their Controller’s Office team. This is an on-site role in Los Angeles, CA.
Here’s a little about the California State University, Los Angeles and the position they are recruiting for:
As a federally recognized Hispanic-serving (HSI) and Asian-American, Native American, and Pacific Islander-serving institution (AANAPISI), Cal State LA recognizes the transformative power of education and embraces its duty to identify and serve the needs of all of its students. The University is committed to creating a community in which a diverse population of students, faculty, and staff can thrive. California State University, Los Angeles is ranked number one in the U.S. based on the upward mobility of its students, according to a study published in The New York Times.
Join Cal State LA as the Assistant Controller for Auxiliary Services, where you'll play a pivotal role in the university's fiscal management alongside its Auxiliary Organizations. As a hands-on leader, you'll oversee a dedicated team responsible for accounting, financial reporting, audits, and tax matters. Collaborating closely with the Controller and campus departments, you'll ensure timely reporting and compliance with Generally Accepted Accounting Principles (GAAP) standards. Your impact extends beyond financial management, actively supporting the university's mission and partnering with campus business units to drive day-to-day operations. Additionally, you'll engage in system-wide and higher education initiatives, contributing to the continual improvement of our institution's internal capacity.
The anticipated yearly salary range for this position is $120,000 - $140,000 based on experience.
This is a state-funded position with a focus on supporting auxiliaries.
What you will be doing:
35% Financial Management and Leadership Responsibilities:
Develop, implement, and provide oversight and direction for the preparation of communications, presentations, and processes for campus business managers, administrators, and campus auxiliary organizations.
Direct and manage the annual external financial audits of the Auxiliary Organizations.
Responsibilities include but not limited to oversight of bank reconciliations, accounts payable, accounts receivable, billing, indirect cost allocations, chargebacks, trust fund accounting; document/maintain complete and accurate supporting information for all financial transactions; maintain financial accounting systems for cash management; maintenance of the general ledger tree and structure; asset management, and capital projects accounting.
Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all segments, and oversee all financial, project/program and grants accounting. Coordinate and lead annual financial statement audit processes with internal and external auditors.
30%Tax Compliance and Reporting Oversight:
Oversee the University's tax compliance with respect to nonresident aliens (NRA); which primarily include foreign national students and scholars.
Determine tax status of NRA students and scholars, determine appropriate tax treaty benefits, and ensure proper withholding and reporting.
Oversee the University's compliance with all other tax requirements; including, but not limited to, Form 990 & 990-T filing for auxiliaries, Form 1098-T review in collaboration with Student Accounting and Cashiering, preparation of Unrelated Business Income Tax (UBIT) data to the Chancellor's Office for system-wide reporting, preparation of Form 1042-S for payments made to foreign nationals and possessory interest reporting.
Review California Department of Tax and Fee Admin Sales and Use Tax returns and Diesel Tax returns accuracy.
In conjunction with filing the required returns, serve as liaison between the University and Federal and State agencies and resolve issues and answer questions regarding tax regulations.
Act as a liaison with all external agencies, including the Chancellor's Office and State Controller regarding tax related issues.
15% Financial Reporting and Reconciliation Responsibilities:
Assist in preparation of GAAP financial statements in the GASB reporting model format for the CSU.
Prepare statement of Net Position; Statement of Revenue, Expenses, and Changes in Net Position; supporting Notes, Schedules and documentation.
Assist in the reconciliation of university Asset Management module to Legal and GAAP modules, including the tracking of CWIP.
Oversee the monthly financial aids reconciliations.
Oversee the preparation of the annual FISAP report.
Required Qualifications:
Five to seven years of increasingly responsible professional accounting and finance experience, including two to three years of administrative and supervisory responsibility.
Bachelor's degree from an accredited college or university in accounting, finance, public administration, business administration, or a related field; an equivalent combination of experience and education sufficient to perform the essential job functions and provide the required knowledge and leadership.
Extensive working knowledge of GAAP financial statement models according to FASB and GASB including governmental fund accounting.
Demonstrated knowledge and experience providing accounting and fiscal management leadership in a complex, decentralized organization.