Assistant Controller

Assistant Controller

The Assistant Controller oversees all payroll functions for the college and works closely with HR in order to ensure timely and accurate payments are made through campus payroll processes. The Assistant Controller assists the Controller with fiscal oversight, monitoring, and reporting, assuring adherence to GAAP. The position also serves as the Accountant for the Lamar Community College Foundation.

Payroll Management:

• Oversees all payroll functions and provides leadership to the payroll team, working closely with Human Resources, the LCC Business Office, and CCCS to ensure accurate and timely payments to employees.
• Reviews and reconciles all scheduled (monthly and biweekly) and ad hoc (CHOPS) payrolls.
• Audits salary increases, position changes, and other employment actions in Banner to ensure accuracy before payroll processing and works with HR to ensure Banner is updated/corrected as necessary.
• Processes redistributions in Banner related to changes or corrections in employee's funding source and works with HR to ensure that necessary updates/corrections are reflected in the employee's job record in Banner.
• Reviews feeds from benefit enrollment platform to ensure that they are accurately transferred into Banner, working with HR to ensure Banner is updated/corrected as necessary.
• Prepares all payroll-related journal entries.
• Provides training and support to payroll processing staff and serves as backup for processing monthly and bi-weekly payrolls as needed.
• Audits Banner to ensure that employee status changes, leave accruals, and withholdings, such as taxes, deductions for benefits, charitable contributions, retirement contributions, etc., are accurately entered into Banner (HRIS System) and works with HR to ensure Banner is updated/corrected as necessary.
• Monitors compensated absence accruals and works with LCC HR and the System Controller's office to ensure that accruals are accurate.
• Stays up-to-date with changes in payroll laws, regulations, best practices, and information provided by the System Office about policy and procedural changes that could impact LCC internal processes and makes necessary adjustments.
• Ensures proper internal controls are in place and monitors for adherence, updating internal controls as necessary.

Fiscal Support:

• Assists with day-to-day financial analysis, reporting, and reconciliation, and provides oversight and guidance to the Business Office in the Controller's absence.
• Acts as a backup for the Controller and helps oversee financial accounting for the college.
• Assists in the preparation of monthly, quarterly, annual, and ad-hoc financial reports; taking ownership of A/R and PCard reconciliations and preparation of journal entries for A/P check runs, student refunds, and payroll.
• Ensures compliance with generally accepted accounting principles and state fiscal rules.
• Establishes and maintains internal controls to safeguard assets and ensure accuracy of financial data.
• Prepares financial reports and provide accounting information to authorized individuals and departments.
• Assists in reconciling the college accounting system with the Colorado Financial Reporting System (COFRS).
• Assists with year-end closing of financial records and preparation of financial statements.
• Coordinates and oversees billing/accounting functions for local tax boards.
• Assists in training college staff on budget and fiscal policies.

Foundation Accounting:

• Serves as the LCC Foundation's accountant, working closely with the LCCF Director to ensure that Foundation assets are properly managed and accounted for in Quickbooks.
• Prepares and presents financial statements at LCCF Board meetings.
• Assists in the audit process by providing documentation as requested.
• Ensures that audited LCCF financial statements are provided to CCCS.

Competencies/KSAs:

• Financial Stewardship: Ensuring absolute accuracy in financial reporting and compliance with strict accounting standards.
• Analytical Thinking: Translating complex financial data into actionable business intelligence and strategic advice.
• Leadership & Team Development: Mentoring accounting staff, managing workloads, and fostering a collaborative team environment.
• Process Optimization: Continuously improving accounting workflows, shortening the month-end close cycle, and implementing automation.

Knowledge:

• Accounting Principles: Deep understanding of GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards), depending on the company.
• Regulatory Compliance: Solid grasp of local, state, and federal tax regulations, as well as SEC reporting requirements (for public companies).
• Internal Controls: Comprehensive knowledge of SOX (Sarbanes-Oxley Act) compliance and internal control frameworks to prevent fraud and errors.
• Corporate Finance: Understanding of budgeting, forecasting, cash flow management, and capital allocation.

Skills:

• Financial Reporting: Preparing accurate balance sheets, income statements, and consolidated financial reports.
• Advanced ERP Systems: Proficiency in enterprise software like NetSuite, SAP, Oracle, or Microsoft Dynamics 365.
• Advanced Data Analysis: Expert-level mastery of Microsoft Excel (VLOOKUPs, pivot tables, macros) and data tools like Power BI or Tableau.
• Auditing: Managing internal audits and serving as the primary point of contact for external auditors.

Abilities:

• Attention to Detail: Spotting minor discrepancies in massive datasets before they impact financial statements.
• Problem-Solving: Identifying the root cause of financial variances and implementing corrective actions.
• Stress Tolerance: Maintaining composure, accuracy, and focus during high-pressure periods like year-end closes or audits.
• Clear Communication: Explaining complex financial concepts to non-financial executives and stakeholders.

Minimum Qualifications:

• Bachelor's Degree in Financial Accounting or Closely related field.

Preferred Qualifications:

• CPA

Selection Process:

• One round-interview process All applications must be submitted online. To be considered, applicants must submit a complete application package that includes:
• Cover Letter describing interest in the position and how your qualifications align with the requirements
• Current Résumé or Curriculum Vitae
• Contact information for three (3) professional references; to include one (1) recent supervisor, one (1) recent colleague.
• Official Transcripts verifying the highest degree earned will be required upon offer of employment and should be sent to View email address on click.appcast.io.

Application Instructions:

By submitting an application for this position, applicants certify that all statements, information, and documents provided are true, complete, and accurate to the best of their knowledge. Applicants further acknowledge that any omissions, misrepresentations, or false information-whether intentional or unintentional-may result in disqualification from consideration, disciplinary action, termination of employment, and/or legal action as permitted by law.

Notice to all Applicants:

Proof of eligibility to work in the United States must be produced within three (3) days of hire. LCC participates in E-Verify. Direct deposit of payroll is a condition of employment. Final candidate is subject to a criminal background check prior to final selection process. Final candidate is required to submit official transcripts to Human Resources within fourteen (14) days of hire. LCC is affiliated with the Colorado Public Employees Retirement Association (PERA) and as such, employees contribute to PERA in lieu of Social Security for retirement benefits. For more information, visit the COPERA web page. Former employees of the Colorado Community College System or one of its 13 colleges, who were disciplinarily terminated or resigned in lieu of termination, must disclose this information in your application material.

Additional Information/Benefits:

• Comprehensive health coverage, including medical, dental, vision, life, disability, legal, and medical transport plans
• Flexible spending and health savings account options
• Generous retirement benefits through PERA, including employer-matched retirement contributions and optional 401(k) and 457 plans
• Tuition reimbursement to support your educational and professional growth
• Exceptional paid leave benefits
• A supportive, mission-driven environment where your work directly impacts students and the community
• Free employee access to our Fitness Center

Reasonable Accommodation/Additional Details:

Lamar Community College provides reasonable accommodations to applicants and employees with disabilities on a case-by-case basis. If you need a