Assistant Controller - Foundations

Old Dominion University

$80K — $95K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in accounting, business or related field from an accredited institution required, or equivalent experience.
  • Comprehensive knowledge of generally accepted accounting principles (GAAP).
  • Significant experience with financial reporting software and Microsoft Excel.
  • Strong oral and written communication skills essential for effective reporting.
  • Proven ability to analyze and interpret complex financial data.
  • Demonstrated leadership and supervisory experience in accounting or finance.

Responsibilities

  • Oversee daily financial operations of multiple nonprofit foundations.
  • Prepare and manage internal and audited financial statements.
  • Monitor general ledger accuracy and complete timely reconciliations.
  • Analyze financial data and variances as necessary.
  • Coordinate and assist with the annual budget process.
  • Ensure compliance with GAAP and oversee accounting issues resolution.
  • Liaise with external auditors during the audit process.

Benefits

  • Health, dental, and vision insurance options available.
  • Retirement savings plan with employer contribution.
  • Generous paid time off including vacation and sick leave.
  • Professional development opportunities and support for continuing education.
Full Job Description
Posting Details

Posting Details

Job Title
Assistant Controller - Foundations

Department
FOUNDATION ACCOUNTING

Position Number
GP568A

Location
Norfolk, VA

Job Summary

The primary objective of the Assistant Controller - Foundations is to provide supervision of the day-to-day financial operations of multiple nonprofit foundations supported by Foundation Accounting while assisting each entity in carrying out their mission. This position will be responsible for completing/overseeing preparation of internal and audited financial statements and other financial reports, monitoring and managing all aspects of the general ledger to ensure accuracy as well as the completion of timely reconciliations, reviewing or providing periodic, or as needed, analysis and variances, coordinating or assisting with the budget process, managing general accounting, accounts payable, and financial analysis, ensuring Generally Accepted Accounting Principles are followed and researching accounting issues for compliance, making decisions related to/assisting with the development of processes and procedures, assisting with coordinating audits and serving as a liaison with external auditors, and serving as back-up to the CFO - Foundations.

Position Type
FullTime

Type of Recruitment
General Public

Minimum Qualifications
  • Master's degree in accounting, business or related field from an accredited college or university is required. A bachelor's degree in a related field with equivalent experience to a master's degree may be substituted.
  • Comprehensive knowledge of generally accepted accounting principles and practices.
  • Considerable knowledge with financial reporting software.
  • Comprehensive knowledge of Microsoft Excel.
  • Effective oral and written communication skills.
  • Demonstrated ability to prepare, assemble, review and analyze complex financial data.
  • Strong organizational skills.
  • Excellent decision-making skills.
  • Demonstrated ability to exercise judgement and interpret administrative policies and procedures.
  • Considerable progressively responsible experience in accounting or finance including recent experience as an Assistant Controller, or related position, and supervisory experience.
  • Considerable supervisory experience including demonstrated ability to lead and direct the work of others.


Preferred Qualifications
  • Considerable not-for-profit accounting experience.
  • Considerable experience with MIP Fund Accounting or other fund accounting software.
  • Current CPA certification preferred, other relevant certifications accepted.
  • Some knowledge of commercial property accounting preferred.


Conditions of Employment

This position is required to complete a Statement of Personal Economic Interest upon hire in accordance with the Code of Virginia.

Job Open Date
08/24/2026

Open Until Filled
Yes

Application Review Date
09/01/2026

Job Close Date

Special Instructions to Applicants / Additional Materials Required

Criminal Background Check
The final candidate is required to complete a criminal history check.

Department Information

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