Controller

The University of Olivet, a private liberal arts institution located in Olivet, Michigan, seeks an experienced and detail-orientated Controller to join their dedicated Business office.

Founded in 1844, The University of Olivet is a private, mission-driven liberal arts institution with a long-standing commitment to access, equity, and individualized student success. Olivet was the first college in Michigan to admit women and persons of color on a co-equal basis with white men and continues to define itself by who it includes rather than who it excludes.

Position Type: Full-Time, Exempt
Reports To: Chief Financial Officer (CFO) or Vice President of Finance
Department: Finance & Administration
Location: Onsite (with flexibility as applicable)

Position Summary

The Controller is responsible for leading and executing the university's financial accounting operations, ensuring the integrity of financial data, maintaining strong internal controls, and supporting informed decision making. This highly collaborative role oversees accounting staff, coordinates external audits, ensures compliance with regulatory and accreditation standards, and delivers timely and accurate financial reporting that supports the long-term sustainability of the university.

Key Responsibilities

Financial Reporting & Accounting

• Direct all general ledger functions including institutional, grant, endowment, and student accounts.
• Prepare monthly, quarterly, and annual financial statements.
• Maintain compliance with GAAP, FASB standards (including ASC 958), and applicable federal and state regulations.
• Oversee accounting for endowments, restricted gifts, pledges, and donor‐designated funds.

Budgeting & Forecasting Support

• Partner with the CFO and university leadership to support annual budget development.
• Provide departmental budget support, training, and financial analysis.
• Assist in multi-year financial modeling and tuition/fee planning.

Internal Controls & Compliance

• Design, monitor, and enhance internal control systems including cash management, purchasing, payroll, and financial data security.
• Coordinate annual external audits (financial statements, federal compliance audits such as A-133 if applicable).
• Ensure compliance with IRS regulations, IPEDS, Title IV financial regulations, state grant requirements, and accreditation standards.

Cash, Grants, and Student