Nov 07, 2019
Overview of the Position South Bronx Overall Economic Development Corporation is looking for an experienced financial controller, or comptroller, to undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as the development of internal control policies and procedures. Finance controller responsibilities will also include financial risk management. Position Responsibilities Financial Controller Responsibilities include: The controller position is accountable for the accounting operations of South Bronx Overall Economic Development Corporation and all its subsidiaries/affiliates. The Controller has primary responsibility for maintaining an adequate system of accounting records and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the organization's reported financial results, and ensure that reported results comply with generally accepted accounting and non-profit principles and standards. Key responsibilities include: · Managing all finance and accounting operations and staff · Overseeing and ensuring accurate and timely contract billing/invoicing processes for all city, state and federal contracts. Applicant must be well-versed in public sector billing and have experience with NYC's accelerator billing platform · Coordinating and directing the preparation of the budget and financial forecasts and report variances · Preparing and publishing timely monthly financial statements · Managing all outsourced functions of auditors and consultants Principal Accountabilities include: Management · Maintain and enforce a documented system of accounting policies and procedures · Manage outsourced functions - auditors, consultants and vendors that provide accounting and tax and banking services to the organization · Oversee the daily operations of the accounting department, including the design and implementation of an organizational structure that adequately achieves the department's goals and objectives · Oversee the accounting operations of subsidiary/affiliates, with particular attention to control systems, transaction-processing operations and policies, and procedures · Manage corporate, program and property audits and ensure timely completion · Oversee all aspects of contract billings/invoicing for local, state, federal and private/corporate contracts and grants · Work closely with grant/contract budget director and program staff to ensure compliance with contract requirements, timely preparation, and submission of contract/program budgets and reporting Transaction Responsibilities include: Maintain the chart of accounts · Manage and ensure that all accounting operations including Billing, A/R, A/P, GL and Cost Accounting, Inventory Accounting, Revenue Recognition, and Payroll processing are performed in a timely manner · Manage bank relationships and ensure that all debt and tax payments are made on time · Ensure that bank and cash reconciliations are performed on a monthly and annual basis · Maintain an orderly accounting filing system · Maintain and update financial controls over accounting transactions · Research technical accounting issues for compliance · Oversee and support month-end and year-end close process · Ensure quality control over financial transactions and financial reporting · Manage and comply with local, state, and federal government reporting requirements and tax filings · Develop and document business processes and accounting policies to maintain and strengthen internal controls · Additional controller duties as necessary Reporting Responsibilities include: · Prepare and publish timely monthly financial statements · Coordinate the preparation of regulatory reporting · Recommend benchmarks against which to measure the performance of the organization's operations · Calculate and issue financial and operating metrics · Coordinate and direct the preparation of the budget and financial forecasts and report variances and significant issues to management, executive leadership and Board of Directors, as necessary · Provide financial analyses, as needed, in particular for capital investments, budget and pricing decisions, and contract negotiations Compliance · Coordinate the preparation and submission of information to external auditors for annual financial and property audits, and periodic program and related audits · Monitor all financial and debt covenants in bank credit facilities · Comply with local, state and federal government reporting requirements and tax filings Additional Accountabilities: · Filing of quarterly and/or annual reports to regulators, funders, lenders, investors, and other key stakeholders · Identifying, maintaining and implementing all applicable accounting standards and principles issued under GAAP, FASB and government accounting · As directed by the CFO and/or President Skills/Qualifications · Proven working experience as a Financial controller in non-profit settings and with local, state and federal government contracting, invoicing/billing, audit, and reporting · 10+ years of overall combined accounting, finance, and audit experience · Advanced degree in Accounting · CPA or CMA preferred · Thorough knowledge of accounting principles and procedures · Thorough knowledge of GAAP and government accounting principles and standards · Experience with creating, analyzing and presenting financial statements · Experience with general ledger functions and the month-end/year-end close process · Excellent accounting software user and administration skills · Experience in Blackbaud Financial Edge and Sage Timberline or comparable accounting software preferred · Experience managing department and organizational realignment/restructure Job Details Working Conditions: Primarily in an office environment. Limited travel required. Periodic weekend or evening work expected to meet deadlines. Supervisory Duties: Supervises all accounting, finance and purchasing staff Job Location: Bronx, NY Office is accessible - just one-quarter block from the #2 and #5 subway trains in the heart of the South Bronx's commercial district. Salary: Competitive Salary and Benefits offered
South Bronx Overall Economic Development Corporation (SoBRO)
Bronx, NY, USA
Full-time