Assistant Financial Controller

Job Summary/Basic Function:

This position provides leadership for Foundation Accounting operations by establishing and implementing accounting procedures, coordinating financial policies, and overseeing the Foundation Accounting team. The Assistant Financial Controller is responsible for preparing and reviewing monthly financial statements, managing the annual audit process, and directing the preparation of state, federal, and out-of-state tax returns, ensuring compliance with applicable regulations. The role drives continuous improvement in accounting processes and internal controls, and collaborates with Foundation units to coordinate financial data collection, provide guidance, and support strategic decision-making across the organization.

Department Overview:

A nonprofit Idaho organization, the Boise State University Foundation was established in 1964 for the benefit of Boise State University. We work to build relationships and support for the university by developing and nurturing donor-centered relationships and stewarding gifts made in support of Boise State. The Foundation works closely with university leadership, the Boise State University Alumni Association, and the Bronco Athletic Association.

Level Scope:

Oversees through subordinate Managers a large, complex organization with multiple functional disciplines/occupations, OR manages a program, regardless of size, that has critical impact upon the campus. Significant responsibility for formulating and administering policies and programs, manages significant human, financial, and physical resources, and functions with a very high degree of autonomy. Frequently influences business decisions made by senior leadership. Oversees through subordinate Managers the accountability and stewardship of campus resources and the development of systems and procedures to protect organizational assets. Negotiates and influences others to understand and accept new concepts, practices and approaches. Reports to an Associate Vice President, Vice President, or Dean.

Essential Functions:

60% of the time the Assistant Financial Controller must:

• Provide leadership and vision for Foundation Accounting operations, setting strategic direction for the department.
• Ensure compliance with GAAP, federal, state, and other tax regulations, as well as Foundation policies and internal controls.
• Oversee the preparation and submission of tax returns, maintaining up to date knowledge of regulatory changes.
• Lead and coordinate the annual audit process, working with auditors and implementing recommendations.
• Establish, maintain, and monitor internal controls to safeguard Foundation assets and ensure accuracy in reporting.
• Supervise, mentor, and develop the Foundation Accounting team, fostering a collaborative and customer-focused environment.
• Serve as a key resource to the Foundation Deputy Controller, Foundation leadership, and Foundation units on complex accounting, compliance, and financial reporting matters.
• Investigate, interpret, and provide guidance on complex financial or tax-related issues to Foundation departments and stakeholders.

35% of the time the Assistant Financial Controller:

• Oversee the preparation, review, and validation of monthly financial statements and ad hoc financial reports to ensure accuracy, completeness, and timeliness.
• Review and approve complex or adjusting journal entries and ensure the integrity of the general ledger in accordance with GAAP and Foundation accounting policies.
• Implement and maintain accounting procedures, internal controls, and process improvements, while providing guidance and training to Foundation accounting staff.
• Prepare and review complex reports and schedules requiring broad knowledge of accounting principles for internal and external reporting and year-end audit.
• Lead coordination of financial data collection across Foundation units to support reporting, audits, and informed strategic decision-making.
• Oversee accounting and compliance for restricted funds, endowments, and donor-restricted resources, ensuring adherence to donor requirements.
• Lead evaluation, implementation, and optimization of accounting systems and automated processes to enhance operational efficiency, data accuracy, and reporting capabilities.
• Collaborate with other Foundation finance and accounting staff to ensure consistent accounting practices and aligned operational processes.
• Provide guidance and training to Foundation staff and departments on accounting procedures, reporting standards, and compliance requirements.

5% of the time the Assistant Financial Controller:

• Perform other duties as