Controller

Finance · Minneapolis, Minnesota
Department Finance
Employment Type Full-Time
Minimum Experience Experienced

eLumen has opened a search for a Controller to join the team.  Reporting to the President, the Controller prepares and examines financial records ensuring their accuracy and compliance with applicable laws and regulations. They oversee the accounting operations of the finance department, and often work with an outside CPA firm to prepare financial statements and tax returns at the end of the year.  The Controller prepares external financial statements and other internal financial reports for management and is a financial information source for managers and executives. Responsibilities also include tracking and reporting trends, costs, revenues, financial commitments, and obligations incurred.  They will analyze and predict future revenues and expenses.

Colleges, Community Colleges, and Universities teach the next generation of talent.  These institutions are under great pressure to provide meaningful instruction that actually prepares students for the real world.  Meanwhile, they are also navigating the complex process of managing their curriculum and meeting the regulatory requirements to receive public funding.  

 

eLumen is a venture capital backed education technology software company that works closely with institutions to help them connect people and processes that lead to greater student success through best practices consulting and data-driven solutions development.  Our vision is helping institutions put new possibilities for sustainable, continuous improvement in place; and turn bureaucratic processes into tools for student success guided by some of the largest institutions in the U.S. and the World.


Position Responsibilities:

  • Work with managers and executives to develop an interactive budget to attain the financial goals of the organization
  • Provide necessary information to managers and executives on the financial resources required to fund the short-term operational goals and the long-term strategy of the organization
  • Provide financial information and analysis to executives and managers for proposed plans and alternatives
  • Monitor departmental and organizational expenses and revenues in relation to the developed budget and communicate regularly or ad hoc the status of budgeted amounts
  • Provide cost analysis, fiscal allocation, and benefits and costs studies as requested
  • Examine financial documents for completeness, accuracy, and conformance with procedures and regulations
  • Keep informed of any financial commitments made by the Company to ensure those commitments are satisfied
  • Perform cost-benefit analyses of alternative financial methods
  • Analyze the cost savings for considered changes in operation and the increase in profits from a short-term and long-term prospective
  • Develop and implement financial controls
  • Provide accounting for all assets
  • Protect the organization's value by keeping information fully confidential
  • Update job knowledge by participating in educational opportunities
  • Manage core HR procedures in partnership with the PEO and Insurers
  • Other duties as assigned

Qualifications:

  • Knowledge of Generally Accepted Accounting Principles, a minimum of a bachelor’s degree in accounting, and a CPA designation are required. At least a combined 10 years of experience in accounting, auditing, or other financial reporting and analytics. Experience working with tax authorities at the federal and state level is a plus.
  • Excellent oral and written communication: clear, concise, professional communication. Able to communicate across a wide range of internal and external audiences. This includes translating/ explaining what information means and how it can be used.
  • Demonstrated ability to get results through others: observe, receive, and otherwise obtain information from all relevant sources.
  • Establish and maintain professional relationships: develop constructive and cooperative working relationships with others and maintain them over time.
  • An ability to think ahead, prioritize, and plan over a prescribed future time span.
  • The ability to organize and manage multiple priorities and be strategic: establish long-range objectives and specify the actions to achieve them.
  • Exercise independent judgment. Work autonomously. 
  • Analyze financial data as it is influenced or dependent upon different factors.
  • High competency in MS Excel (and other MS Office software), Google Suite (Sheets) and QuickBooks Online.
  • Demonstrate ability to be accurate with an attention to detail and an aptitude for numbers.
  • Maintain current knowledge of ever-changing Generally Accepted Accounting Principles and implement such changes as appropriate.
  • Stay current on any changing income tax laws and regulations on the federal, state, and local levels.
  • Have the ability to determine the income tax and sales tax nexus of other states and countries.
  • Be current on any laws and regulations related to payroll taxes. Ensure that compliance of such laws is maintained by the payroll vendor including payroll tax laws and regulations in all states in which eLumen has employees.
  • Be very knowledgeable of payroll benefits compliance and accounting. Be certain the deferrals and company expenses are reconciled with administrators’ monthly balance for benefits, e.g., HSA, Section 125 deferrals, health, dental, life, disability plans, etc. Keep all deferrals and company expenses for the retirement plans in compliance with all applicable regulations.  Perform routine testing of the correctness of withholdings and other payroll credits in force.

 

 

Location:  Minneapolis, MN

 

COVID 19 Vaccination:  All employees meeting face-to-face with other employees or traveling to clients are required to show proof of COVID-19 vaccination. (exemption accommodations can be requested)

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  • Location
    Minneapolis, Minnesota
  • Department
    Finance
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced