Financial Controller

Latinos Progresando’s Financial Controller plays a crucial role in ensuring the financial sustainability and integrity of the organization's mission-driven initiatives. Leading the finance team, they are responsible for overseeing and managing the day-to-day and strategic financial operations. The Financial Controller will maintain accounting records and internal controls in accordance with generally accepted accounting principles, and prepare timely financial statements. This role often involves navigating complex funding structures and grant compliance, requiring strong communication and collaboration skills. Reporting to the CEO, the Financial Controller provides financial insights to inform decision-making and ensure transparency and accountability.

RESPONSIBILITIES

Fiscal Management

• Implement, evaluate, document and continuously improve accounting policies, procedures and controls
• Lead continuous improvement initiatives by observing effectiveness of accounting and reporting processes, identifying issues, recommending solutions, and provide senior management with feedback to support efficiency and accuracy of accounting and reporting operations and ensure team alignment with business goals
• Manage strategy and forecasting financial activities, assessing opportunities via business modeling, analysis and decision support to drive improved performance or adding new services
• Formulate and provide recommendations regarding appropriate performance metrics to senior leadership
• Direct all financial activities and accounting functions, including general ledger, accounts payable/receivable, purchasing, bank reconciliations, insurance and tax reports and planning and monitoring of cash flow
• Manage day-to-day accounting functions, including ensuring quality control over financial transactions and good stewardship of the organization’s funds
• Perform month-end closing process
• Prepare and present regular financial statements to the CEO, Finance Committee, Board of Directors
• Supervise the performance of third-party vendors supporting finance work
• Prepare the annual budget in coordinating with the executive team, senior managers and Board Finance Committee
• Oversee input of approved annual budget into the accounting system
• Guide preparation of materials for the annual audit and work with outside accountants and external auditors to ensure a smooth, compliant, and efficient audit process
• Oversee preparation of annual tax filings
• Monitor and manage the organization’s cash flow
• Monitor and track restricted funds and contribute to grant reporting
• Monitor compliance with fiscal control policies and procedures; develop and implement additional policies as needed
• Supervise Bookkeeper, including workflow management and performance evaluation

Asset Management

• With leadership, devise and manage investment strategies aligned with the organization’s assets and strategic priorities
• Maintain capital budget for the organization’s properties
• Manage fixed assets and adjust general ledger, as appropriate
• Perform annual CAM reconciliations and assessments for tenants in the organization’s properties
• Manage the organization’s capital debt and, with CEO, loan repayment strategy

Grant Administration & Compliance

• Collaborate across departments to ensure that fiscal requirements for grants and contracts are identified, realized and monitored
• Develop grant-related budgets and reports as needed
• Coordinate government agency and other grant-related audits

Payroll

• Supervise and review biweekly payroll; run payroll as back-up for the Bookkeeper
• Work closely with Chief Operating Officer on administration of benefits program
• Prepare, issue, and file annual 1099s
• Ensure all payroll expenses and allocations are properly recorded to programs in the general ledger

Responsibilities may also include other duties, as assigned.

REQUIREMENTS

• Bachelor's degree in Accounting, Finance
• Minimum five years of experience in an executive, managerial, or administrative capacity
• Experience with nonprofit sector strongly preferred
• Strong organizational and time management skills, with acute attention to detail
• Experience with financial accounting and payroll systems like Quickbooks, Paychex, and Bill.com, and strong Microsoft Excel skills
• Comfort working in Google Suite
• Bilingual in Spanish and English
• Proven success in decision making for organizational priorities
• Ability to communicate technical financial information to non-finance professionals
• CPA and/or MBA preferred