PROSPECTUS Director for Business Operations/Controller
One of the country’s top military boarding schools for young men, Missouri Military Academy (MMA) seeks a dynamic and innovative leader to join our leadership team in overseeing business operations and controlling the Academy finances. MMA is a nonprofit educational organization.
The Director for Business Operations and Controller (DBO/C) is responsible for daily business operations, producing the annual budget and monthly financial reports, maintaining the accounting records system, and managing a comprehensive set of controls designed to manage cash flow, mitigate risk, and ensure the accuracy of reported financial results that comply with generally accepted accounting principles and standards.
RESPONSIBILITIES AND MANAGEMENT AREAS
• Work directly with the President in controlling all aspects of the finance and cash management, accounting and business office functions of the organization in support of daily operations and the strategic plan.
• Prepare and manage monthly financial dashboards and annual operating and capital budgets.
• Monitor the budget control system and coordinate with directors on the status of budgetary accounts on a monthly basis.
• Manage chart of accounts and ensure accurate and timely preparation of financial statements and other monthly, quarterly, and annual reports. Prepare associated briefings.
• Provide financial analysis for capital investments, pricing decisions, and contract negotiations.
• Analyze accounting data to resolve accounting problems, variances, and discrepancies.
• Liaise with other departments, customers, and vendors as necessary. Manages outsourced functions and contracts.
• Oversee the recording of financial transactions and adjustments in appropriate journals and ledgers.
• Investigate and resolve finance-related customer queries in a timely manner.
• Review accounts receivable aging to ensure compliance.
• Perform all account, bank and other reconciliations, including endowment investment and cash accounts.
• Manage student financial aid program.
• Monitor recovery system and collection efforts.
• Manage effective internal control system to prevent against inadvertent errors or willful misappropriation and enforce all budgetary decisions.
• Develop and utilize financial and operating metrics to establish benchmarks to measure performance utilizing best business practices.
• Direct financial strategy, planning and forecasts for operations, conferring with and advising the President and directors, as needed.
• Study, analyze, and report on trends, opportunities, and projection of future growth through constructing and using various models and databases using sound business strategies based on solid analytics.
• Comply with local, state, and federal government reporting requirements and tax filings.
• Coordinate annual external audit and manage relationship with auditors.
• Ensure accurate and timely completion of audit schedules, Form 5500 and 990.
• Conduct annual review of all insurance coverage.
• Prepare any reports directed by the President at the request of the Board of Trustees.
• Complete special projects as directed by the President.
ESSENTIAL SKILLS AND EXPERIENCE
• Bachelor’s degree required, advanced degree strongly preferred.
• Advanced certification (CPA, CIA, CMA, etc.) preferred.
• Prior controller experience preferred.
• Strong background with experience using accounting and financial software to support financial modeling and cash flow analysis.
• Policy development, documentation, and experience with audits.
• Fund accounting experience.
• Strong organizational skills in areas of management, operations, budget, and contract administration.
• Familiarity and experience with property and liabiity insurance and investment fund management.
• Familiarity and experience with student financial aid programs, non-profit organizations and fundraising.
• Thorough knowledge of general accounting plus application of general accounting theory.
• Ability to manage multiple priorities simultaneously, successfully solve problems and offer creative and innovative solutions.
• A collegial and collaborative management style with demonstrated success in developing and cultivating relationships with diverse constituencies.
• Excellent interpersonal and oral and written communication skills.
• Uncompromising integrity and confidentiality.
Melissa Miller, MBA, HRM