Position: Financial Controller
Status: Full-Time
Location: New York City metropolitan area
Work Location Type: Hybrid / must live in New York City or New York City metropolitan area
Job Summary:
This position will have oversight of all finance, accounting and reporting activities. They will be involved in supporting presentations to the board, finance and audit committee. The Controller will lead all day-to-day finance operations of a budget of $25 million including functional responsibility over accounting, accounts payable, accounts receivable, payroll, grants administration and charitable/corporate registrations. The incumbent will ensure that American India Foundation has the systems and procedures in place to support effective grants administration and have satisfactory audits. The Financial Controller will work closely with the Finance team in India and ensure that communication between the two departments is effectively maintained for seamless and smooth process flow.
In addition, the incumbent will partner with the CFO / COO, and senior leadership, work on improving systems, staff capabilities, propose and lead the automation efforts to further improve the processing and reporting environment.
Reporting and relationships:
This role will report to the Chief Financial Officer / Chief Operating Officer (CFO / COO) of the organization.
Job Responsibilities:
Finance and Accounting Leadership
● Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
● Maintain internal control and safeguards for receipt of revenue, costs, program budgets and actual expenditures.
● Coordinate all audit activity.
● Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, compilation & consolidation of financials for board reporting, and annual financial statements; monitor progress and changes and keep senior leadership abreast of AIF’s financial status.
● Assist AIF’s leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
● Oversee all financial, project/program and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period.
● Assist in managing organizational cash flow forecasting monthly for restricted and unrestricted funds.
● Assist the CFO / COO in managing and tracking the performance of invested assets in keeping with policies and investment guidelines.
● Support AIF’s staff by providing required day-to-day information and processing required payments on a timely basis.
● Additional projects as delegated by the CFO / COO and/or CEO
Team Leadership
● Leverage the strengths of the current finance team, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
● Work closely with India Director of Finance & other finance team members both at central & regional levels
Key Skills, Competencies and Desired Qualifications
· Personal qualities of integrity, credibility, and unwavering commitment to AIF’s mission; a proactive, hands-on strategic thinker who will own, in partnership with the CFO, the responsibility for finance
· CPA preferred
· Experience with Financial Edge and Virtuous preferred.
· Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments.
· Technology savvy with experience in selecting and overseeing software installations and managing relationships with software vendors; advanced knowledge of accounting, budgeting, forecasting and reporting software
· Commitment to mentoring and training staff.
· Keen analytic, organization and problem-solving skills which allows for strategic data interpretation versus simple reporting
· Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management.
· Proficient in Microsoft Office and Google Application Suites with a high level of general computer competency.
· A passion for AIF’s mission to bring positive change to the people of India.
Benefits and Compensation:
● American India Foundation offers a competitive salary of $110k - $130k commensurate with experience.
● Medical insurance
● Dental and Vision insurance
● AIF-paid 403(b) plan
● Pre-tax flexible spending accounts (FSA).
● Life insurance paid by AIF
● Paid Maternity Leave
● Commuter benefits
● Paid vacation and sick time
● Opportunities to learn and grow in all aspects of a non-profit organization.
The policy of AIF is to afford equal employment opportunity for all employees, without discrimination based on race, color, caste, religion, sex, national origin, age, disability, marital status, sexual orientation, or any other characteristic protected by federal, state, or local law.
Job Type: Full-time
Pay: $110,000.00 - $130,000.00 per year
Experience:
- GAAP: 5 years (Preferred)
- Accounting: 5 years (Preferred)
Language:
Ability to Commute:
- New York, NY 10017 (Required)
Ability to Relocate:
- New York, NY 10017: Relocate with an employer provided relocation package (Required)
Work Location: Hybrid remote in New York, NY 10017
