Staff at Cornerstone University

Scott Stewart

Controller & Director of Student Financial Services

Department

Student Financial Services

Education

M.B.A., Grand Valley State University, 1992

B.A. Business Administration & Accounting, Cornerstone University, 1987

At Cornerstone, Scott is responsible for establishing accounting procedures and controls, managing endowment and restricted funds, trust fund accounting and tax reporting, and fixed asset management and accounting. He is also responsible for the property and liability insurance program, internal control policies and procedures, supervising a staff of four full-time employees who handle accounts receivable, accounts payable/purchasing, payroll, Title IV accounting and bank statement reconciliations. He works closely with the auditors in preparing annual financial statements, calculates and presents key financial ratios to management, works closely with the CFO to prepare financial reports and to do financial analysis, prepares the annual Form 990, and works with IPEDS reporting. In addition to these duties,

Scott also oversees the Student Financial Services office. He now spends about half of his time in the SFS office directing seven full-time and three part-time employees who perform financial aid and student account billing/collections responsibilities.

Scott has held five different positions and has worked in six different offices while at Cornerstone, noting that none of his offices have had windows. His professional interests include accounting, risk management and financial aid. He also collects eagle figurines, inspired by his favorite Bible verse, Isaiah 40:31, “They that wait upon the Lord will renew their strength. They will soar on wings like eagles. They will run and not grow weary, they will walk and not be faint.”

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