• Are you a nonprofit accounting export with a background in supportive housing?
• Would you enjoy being part of a culture where everyone is valued and relationships and collaboration are key?

If this sounds like you, we’d love to hear from you!

Professionals for Nonprofits is excited to have been retained by The Fortune Society to lead the search for a Senior Controller.

About Fortune Society

Founded in 1967, The Fortune Society’s vision is to foster a world where those who are incarcerated or formerly incarcerated will thrive as positive, contributing members of society. We do this through a holistic, one-stop model of service provision. 

Our continuum of care is informed and implemented by professionals with cultural backgrounds and life experiences similar to those of our participants. We serve thousands of individuals annually via our expanding New York locations: our service centers in Long Island City, Queens and Morrisania, the Bronx, as well as several housing residences throughout the city. Our program models are recognized both nationally and internationally for their quality and innovation.

Summary

Reporting to the Chief Financial Officer (CFO), the Senior Controller is responsible for oversight of all finance, accounting, audit and reporting activities. Serving as the right-hand person to the CFO, the Senior Controller supports presentations to the Board Finance Committee and works closely with the senior leadership team, ensuring a system that promotes the accuracy and timeliness of financial information.

The Senior Controller provides leadership on all day-to-day Finance operations, including supervision and guidance to the Finance team. The position is directly involved in accounting, accounts payable, accounts receivable, cash management, payroll and property management. The position also shares responsibility with the CFO for grants administration and budgeting. The Senior Controller works closely with program and administrative leaders and members of their teams, to ensure the Finance function supports operations across the agency.

Responsibilities

• Oversee all accounts, ledgers and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements.
• Coordinate with the CFO on oversight of grants and contracts management systems, including cost allocation plans; analyze organization’s annual budget for opportunities to make best use of restricted funding. Monitor contract reporting, including the approval, budget modification, contract reporting, revenue vouchering, collection processes.
• Coordinate all audit activity, ensuring adherence to audit requirements and requests in a timely manner. Follow up on outstanding/open items and in consultation with CFO prepare draft response to any findings and recommendations.
• Work with agency leadership and members of their teams to maximize financial outcomes for government contracts and grants through cost analysis support, ensuring expenditures are consistently aligned with contractual and programmatic requirements, as well as government regulations.
• Coordinate the accurate and timely preparation and distribution of monthly reports for all operating units. Prepare monthly summary of government contract receivables, documenting any activity related to timeliness and vouchering and collections.
• Collaborate with CFO and members of the senior management team on development and monitoring of agency-wide annual plan and budget, providing regular updates throughout the fiscal year.
• Provide supervision and guidance to assigned members of the Finance team. Review proposed budgets, account analyses and reporting. Provide leadership and advice to all members of the Finance team as needed.
• Establish and maintain a system of internal control through development and implementation of policies and procedures.
• Prepare and submit the annual indirect cost recovery proposal based on the audited financial statements and the OMB A-133 audit report. Follow up with auditors to monitor approval.
• Prepare and submit annual consolidated financial report (CFR) in a timely manner.
• Manage organizational cash flow forecasting by working in partnership with agency leadership, assessing cash requirements for anticipated expenditures and projected revenue collection.
• Support CFO in engaging the Board Finance Committee around issues and trends that impact the agency’s financial performance.
• In collaboration with CFO leverage strengths of the Finance team members, help to clarify roles and responsibilities and develop and implement training needed to optimize department’s overall effectiveness and align it with organizational goals.

Core Competencies

Mission and Culture Fit

• Appreciation of our mission and cultural values. Embraces the value and potential of all individuals without regard to race, ethnicity, gender, sexual orientation or class.

Not-for-Profit Accounting Knowledge

• Detailed knowledge of not-for-profit fund accounting policies and procedures with the ability to communicate their purpose to accounting and non-accounting staff in a manner that is easily understood. This should be coupled with a clear understanding of basic GAAP and GAAS.

Communication/Collaboration

• Solid oral and written communication skills. The position collaborates with many different people at various levels and the incumbent’s communication must be at the highest level to circumvent potential misunderstandings or misrepresentation.

Analytical Skills

• Strong analytical skills with the ability to review and problem solve using a solid application of accounting principles. Conducts/reviews periodic and regular analyses to ensure alignment of accounts and balances, with prompt disposition of irregular or reconciling items.

Organization Skills

• Highly organized and able to produce quality work in a fast-paced working environment. Should be able to exercise good judgment in establishing priorities in the face of multiple projects and tasks, ensuring that deadlines are met.

Qualifications

• Bachelor’s degree in Accounting, Finance or relevant field; CPA a plus
• 7-10 years of progressively responsible financial management experience, which must include nonprofit fund accounting. Must have extensive experience in both performance and cost-based government contracts.
• Solid understanding of accounting procedures coupled with a strong knowledge of GAAP, GAAS and internal controls. Must be proficient in Excel, MS Office and accounting software; knowledge of FundEZ a plus.
• Excellent leadership and supervisory skills. Must be able to work effectively on cross-functional teams. Ability to do “big picture” thinking and solve problems in a way that is creative and collaborative.
• Experience negotiating and working with a variety of federal, state, and local government contracts/grants.
• Highly organized with attention to detail and outstanding project management skills; ability to handle and prioritize multiple time-sensitive projects. Takes a “shirtsleeve” approach to the work.

Salary Range: $145,000 - $160,000

Benefits: Comprehensive benefits package including health insurance, vacation and sick leave, disability and retirement.

Location and Schedule: On-site each day in Long Island City

Fortune Society is an equal opportunity employer and strongly encourages applications from people of color, persons with disabilities, women, and people who identify as LGBTQ+ as well as from justice-involved individuals. We actively engage individuals from all backgrounds. We are committed to embracing diversity within our organization because we firmly believe that diverse employee teams help us to achieve our best organizational outcomes and provide the most effective support to the communities we serve. We are dedicated to creating and maintaining an inclusive and supportive work environment.