Controller with 5 years experience in Audit/Finance or Accounting .
Duties and Responsibilities
The Controller is responsible for the day-to-day accounting, audit, loan management, grants management,
payroll and benefits management, physical assets, treasury, and tax. The Controller will hire and train 1-2
administrative support person(s) for the Finance Department.
• Maintain up-to-date knowledge of all critical IRS, CDFI, and nonprofit audit matters, GAAP rules, and
state and federal regulations regarding nonprofit and CDFI-related matters.
• Ensure that accounting procedures and internal control policies are being followed with proper
separation of duties, quality assurance, and compliance with GAAP. Assist in the development of new
policies and procedures as needed to meet the changing needs of the organization.
• Lead annual audit, single audit, and Form 990 preparation processes. Serve as primary contact for
the organization's external auditors.
• Develop reports for monitoring the organizational budget.
o Develop analyses of the revenue model, including revenue mix, pricing strategy and expense
management at the Fund level as well as the initiative/product level, provide support to
structure contract and grant terms.
o Develop and prepare organizational performance reports against the annual budget including
all financial performance metrics, budget variance analysis, and periodic financial reports for
monthly, quarterly, and year-end periods.
• Support the organization's annual recertification as a CDFI and lead compliance with related CDFI
funding. Serve as lead with corporate compliance, including maintenance of tax-exempt status, and
other state and federal regulations.
• Responsible for compliance with all funder covenants, including the completion of quarterly and
annual compliance reporting performed by Fund’s Manager.
• Responsible for grants management including tracking all applications, awards, compliance with
reporting requirements, and closeout. Assist in the development of budgets for all grants and grant
level financial reporting per funder requirements. Ensure compliance with federal grants regulation
and oversee Uniform Guidance audit procedure as needed.
• Responsible for cash and asset management. Develop and produce reports for cash flow planning to
ensure availability of funds for both operating expenses and lending.
• Responsible for processing of payroll and employee benefits including required tax filings.
Rigorous Monthly Close
Timely, Accurate Reporting
Loan and Grant Management
Sophisticated Reporting- Deep Analysis
Scalable Systems - Process Management
Team Oversight - Internal Controls
• Build and manage a cross-functional team including finance and loan processing staff. Provide annual
feedback on capacity and performance making recommendations regarding staffing structure and the
allocation of duties.
• Responsible for deploying IT systems: monitor staff training for effective and efficient use of systems,
identify process improvement as systems are deployed and on-going, implement compliant and
effective IT-related processes and procedures, working closely with outsourced technology providers
and legal teams to ensure security-related policies are clearly implemented, communicated through
training, and understood by employees.
• Minimum of bachelor's degree required in accounting, finance, or relevant field. Preferred CPA and/or
• At least five (5) years relevant experience in audit or financial management
• Relevant for-profit experience includes banking / lending industry; relevant nonprofit or public sectors
experience includes CDFI experience or other community economic development
• Experience in or knowledge of nonprofit accounting, including fund and grant accounting, compliance,
• A self-motivated, hands-on, highly-resourceful individual able to thrive in a start-up environment
• Strong interpersonal skills and ability to work collaboratively with a diverse set of organizatio