Summary of the Position
Reporting to and partnering with the President/CEO (CEO), the Controller will be responsible for developing, managing and overseeing the organization’s financial operations, planning, banking, accounting, , audit and reporting functions to support annual and strategic goals, in conjunction with the finance committee and board of directors. As an integral member of the Executive Team, the Controller will provide financial guidance, leadership and actionable recommendations to the CEO and other senior leaders
The Ideal Candidate
FWCRC is seeking a gifted leader, not merely an effective financial manager. They will need to have proven capabilities in the areas of fiscal strategy, asset management, financial management, banking, accounting, external relations, culture and change management leadership. The ideal candidate will be an experienced and entrepreneurial leader who is able to be a primary finance/operations partner to the CEO, provide financial leadership for an institution that aims to thrive within a challenging environment and be accountable for these functions.
The Controller ideally will have experience in financial and capital planning, banking, real estate development, 501 (C)-3 requirements and s/he will need to have the talent to integrate vision, strategy, and execution to move the organization forward. The ideal candidate will be a positive, energetic, hands-on leader with a deep passion for the Fifth Ward CRC (FWCRC) mission and the ability to excite and motivate a wide range of stakeholders.
Essential Duties and Responsibilities
The FWCRC Controller will perform the following essential job functions:
- Assure protection for the nonprofit’s assets through internal controls, reporting, compliance, administration and
- Oversee and implement policies & procedures related to accounting
- Review and oversee process of the semi-monthly preparation of payroll and related nonprofit benefit plans.
- Be able to structure and support large real estate transactions.
- Keep the CEO informed of all financial matters and provide advice on financial investments, as well as opportunities or
- Compile a financial reporting package for monthly finance committee and board meetings and any ad hoc reports as
- Attend staff, Board of Directors and other required meetings
- Actively participate in strategic planning
Internal Reporting & Controls
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Implement and maintain internal control accounting processes and
- Ensure that all financial records are kept according to Generally Accepted Accounting Principles (GAAP), utilize financial data as an aid to management, and assure compliance with federal and state regulations especially as it pertains to 501C-3
- Oversee budgets (annual income and expense, capital expenditures, five-year projections, )
- Oversee procurement of capital and lines of
- Be responsible for the efficient, accurate and consistent production of monthly financial statements and other monthly financial reports across the organization, including individual reporting on FWCRC’s new house construction, repair/rehab of damaged houses, Retail operations (ReStore), Family Mortgage Servicing, community development and neighborhood revitalization projects, and Development (fundraising)
- Monitor cash
- Ensure G/L reconciliations are performed in a timely
Compliance
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Ensure proper preparation of all regulatory reports required to be filed with the federal, state, and local governments, including payment and filing of federal and payroll tax
- Ensure grant compliance and production of financial reports for grants, city and federal
- Maintain proper and adequate insurance for
Strategy, Planning and Management
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Assess and evaluate financial performance of nonprofit with regard to long-term operational goals, budgets and
- Provide insight and recommendations to help influence both short-term and long-term growth
- Create and establish yearly financial objectives that align with and maximize the nonprofit’s plan for growth.
- Develop and maintain annual and monthly operating
- Monitor markets, trends, and anticipate risk and
- Assist CEO with data collection and necessary analysis for annual benefit renewals, reconciliations and expense
- Oversee preparation of general ledger and other financial records. Create processes to streamline and ensure consistency, accuracy and timeliness of all financial
Staff Supervision
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Manage/supervise accounting staff in the preparation and analysis of monthly property and project accounting activity, financial reporting packages and other related financial
- Mentor and develop the accounting team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team
- Create a culture of continuous improvement and lead in key work areas of efficiency, meaningful work, timely reporting to support all key decisions, and service to all
Other Duties
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Act as a liaison with the Board of Directors, the Finance Committee, Audit vendor, and other financial institutions.
- Support the Board of Directors and President/CEO by providing appropriate reporting and analysis as required or
- May represent FWCRC at various meetings as requested by President/CEO. This may require local travel on behalf of FWCRC for donor, Board, and affiliate events.
Preferred Skills and Technical Ability
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Accounting or Finance Degree required; CPA or MBA a plus
- 10 + years of broad financial management experience, ideally beginning in accounting, including experience in financial analysis and modeling and providing guidance to senior
- Experience as part of a senior leadership
- Proven ability to manage a small team of professionals responsible for accounting, finance and human
- Experience working in a small team
- Comprehensive knowledge of GAAP (Generally Accepted Accounting Principles)/FASB (Financial Accounting Standards Board).
- Real estate or construction industry experience
- Strong communication, interpersonal, advanced analytical and organizational skills a
- Prior experience in nonprofit accounting and/or housing finance
- Public entity exposure/experience a
- Systems savvy and a desire to improve and automate the finance
- Maintains current industry, accounting and finance best practices
- Adaptability and experience with technology transformation/implementation.
- Knowledge of the real estate industry including experience in Property Management and Development Accounting, Financial Reporting, Budgeting, Cash Flow Analyses, and Project
- A working proficiency with accounting software and MS Office
- Excellent analytical, reasoning and problem- solving
- Management of accounting
- Strong verbal and written communications
- Ability to effectively communicate with all stakeholders (board and executive management team, staff, clients and partners)
- Demonstrated leadership ability, confidence and executive
- Demonstrated ability to be resourceful and adjust quickly, based on changing
- Forward thinking, anticipating what comes next, broadly and in specific areas such as technology
- Possesses the zeal to work for a nonprofit and alignment with the specific mission and vision of
Personal Attributes
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Strives for the highest quality and
- Approaches the work with the mindset of a Servant Leader and commitment to be inspirational and motivational
- Understands and is highly responsive to the unique needs of individuals and
- Gives high attention to details and timely execution.
- Is future-minded and forward
- Possesses strong ethics and encourages diversity of thought and tolerance
Compensation
Compensation is competitive and commensurate with experience. Benefits package.