Controller in New York, NY at Vaco

Date Posted: 6/10/2021

Job Snapshot

  • Employee Type:
  • Location:
    New York, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Under the direction of the CFO/CEO, the Controller is responsible for directing, oversight, controlling, and managing the day to day accounting functions of a non profit with multiple complex funding streams. The Controller will be responsible for supervising the accounting staff and for managing functions related to sustaining sound financial and accounting practices within a highly regulated environment. Manage consolidations and foreign subs, and the close.

* Supervises accounting staff including recruitment and selection, training and oversight, performance evaluation, and cross-training of A/P, A/R, GAAP, general ledger, budgeting to contracts, and audit processes.
* Prepares monthly department and project financial reports, FAR.
* Performs reconciliations of various balance sheet accounts, including cash, accounts receivable, and accrued liabilities. Maintains clear understanding of composition of all balance sheet accounts. Monitors and addresses all outstanding account issues.
* Provides support to managers with regard to creation and preparation of annual budgets as well as monthly forecasts as needed.
* Prepares financial reports and is the point of contact in responding to requests from grantors and government agencies. Assists with tax-exempt bond compliance procedures.
* Prepares all assigned audit-related schedules, analyses, and reconciliations. Ensures readiness for year-end audit and fully supports the process.
* Reconciles earned and contributed revenue and receivables to ledgers monthly.
* Audits procedures to assure that all journal entries are accurate and correct.
* Assures a robust and accurate inventory management system and reporting procedures.
* Focuses on process improvements, including automation of manual tasks.
* Manages all electronic and physical information appropriately and in accordance with agency policy that includes creating a file management system, forms creation and efficient paper document filing procedures.
* Assures that documentation and maintenance of the internal control system is working properly. Initiates and creates adequate controls for the agency.
* Provides contract support and ensures fiscal preparation and compliance of all Agency contracts. Provides monthly financial figures via internal reporting procedures. Assesses, monitors, and reports cash flow status on a regular basis as well as assures procedures are in place for expedient A/R so that cash flow is optimized at all times.
* Ensure the effective operation of the Agency's accounting system: this includes oversight of internal controls, transactional accounting (including accounts payable, accounts receivable and payroll) and reconciliations.
* Project cash flow: this includes providing regular cash flow budgets that take account of varying timeframes for contract claims.
* Approve and manage all cash and loan transactions: this includes all petty cash and credit card payments.

* Bachelor's degree in accounting, business, or relevant subject required. MBA preferred.
* 7-10 years progressive experience in the accounting field, preferably in non-profit accounting. A minimum of three years in an accounting manager/controller role required.
* Knowledge of unique financial accounting and reporting requirements of not-for-profit
* Demonstrated proficiency in Microsoft Word/Excel and familiarity with database concepts