Controller

Foundation Center | New York, New York

Background

FOUNDATION CENTER is the leading source of information about philanthropy worldwide. Through data, analysis, and training we connect people who want to change the world to the resources they need to succeed. Our organization's mission is to strengthen the social sector by advancing knowledge about philanthropy in the U.S. and around the world. Our vision is a world enriched by the effective allocation of philanthropic resources, informed public discourse about philanthropy, and broad understanding of the contributions of nonprofit activity to increasing opportunity and transforming lives.

Job Summary

POSITION:  Controller

REPORTING TO:  Vice President for Financial Strategy

MANAGEMENT SCOPE: Accounting Manager and Payroll Manager

LOCATION: NYC (downtown Manhattan)

POSITION SUMMARY

The Controller will oversee the Accounting department, which also includes oversight of the payroll function. The primary focus of this role is to ensure that all of Foundation Center's financial records are maintained accurately, and that information is disseminated on a timely basis. The Controller will work with all department heads across the organization to foster a collaborative budgeting and reporting process while also assisting the Vice President for Financial Strategy in preparing financial reports and exhibits for the Board of Trustees. This role is also responsible for leading, planning, and organizing the annual year-end audit and is the main point-of-contact with the audit firm. 

Responsibilities

Ongoing:

  • Supervises the Accounting Manager and Payroll Manager.
  • Coordinates the preparation of budgets and financial reports for the Center’s projects and donors including amounts spent on special projects and for the regional offices.
  • Monitors and projects income and expenses throughout the year by reviewing actual results compared to the budget and the prior year utilizing NetSuite financial reports and a variety of supporting schedules. Ensures that the Center has a small positive margin by year-end.
  • Reviews and signs Accounts Payable checks.
  • Serves as primary contact with the Center's banks.
  • Manages cash flow.
  • Reviews and approves journal entries as needed.
  • Assists the Facilities and Office Services Manager with completing insurance forms.

Monthly:

  • Reviews the revenue recognition for restricted grants and contracts.
  • Reviews NetSuite financial reports and other accounting reports and identifies unusual fluctuations compared to the budget or the prior year and investigates them.
  • Reviews benefits and professional fees expenses as compared to the budget and projects expenses for the year.
  • Supervises month-end closing and reporting.
  • Researches and answers financial questions raised by department heads and the Vice President for Financial Strategy.

Quarterly:

  • Prepares unaudited balance sheets.
  • Reviews quarterly entries such as accounts payable accruals, etc.

Semi-Annually:

  • Works with the Vice President for Financial Strategy to prepare financial reports, memos, exhibits, and other materials for mailing and presentation to the Finance and Investment and Audit Committees and the Board of Trustees.

Annually:

  • Plans and coordinates the year-end audit; prepares the draft audited financial statements; works with the audit firm on accounting issues that come up throughout the year.
  • Coordinates 403(b) Plan audit with the audit firm and Human Resources; prepares Form 5500 for each 403(b) Plan; and dissemination of Summary Annual Report (SAR) to each 403(b) Plan participants.
  • Reviews the investment schedule for Commonfund; reviews journal entries for interest, dividend, and realized and unrealized gains and losses.
  • Participates with the Vice President for Financial Strategy in preparing and delivering financial information sharing to all staff.
  • Reviews and approves all year-end entries.
  • Reviews/prepares year-end financial statements.
  • Reviews/prepares the 990 and related state returns.
  • Reviews reconciliation of payroll register and benefits schedule to the general ledger and W-2's.
  • Reviews and approves state charitable registration filings.
  • Participates in the workmen compensation insurance audit as needed.
  • Coordinates annual budget preparation; works with the Vice President for Financial Strategy and department heads to prepare the Center's annual budget.
  • Reviews the reconciliation of the Development system reports to the NetSuite financial reports.
  • Performs other duties and special projects, as assigned. 

Qualifications

  • BA/BS degree in Accounting; CPA or MBA preferred
  • Minimum of 10 years of experience in Accounting and supervision of staff required
  • Familiarity with computer applications in Accounting, Excel, and Word

How to Apply

Please email your resume, cover letter, and salary requirements to jobs@foundationcenter.orgPlease put the title of the position you are applying for in the subject line.  Your application will only be considered if all instructions above are met. Due to the high volume of applicants we typically receive, we regret that we can only contact candidates that we would like to interview.

We offer a competitive salary and excellent benefits. For more information on positions available at the Foundation Center please visit our website:http://foundationcenter.org/about-us/work-at-foundation-center/job-openings

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

Foundation Center is an equal opportunity employer. 

Foundation Center

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Organization: Nonprofit Organizations