05/21/2024
Since 1987, Berkshire Taconic Community Foundation (BTCF) has strengthened our region through philanthropy and leadership. We channel generosity where it is needed, bringing together resources and passion to tackle pressing issues and create lasting change. BTCF serves over 60 communities in MA, CT, and NY. The foundation awards over $15 million dollars annually in grants and scholarships each year.
BTCF seeks an experienced Controller to be responsible for leading BTCF’s finance and accounting operations and maintaining accurate financial records and reporting. This role reports to the VP of Finance and Administration and is a full-time, office-based role in Sheffield, MA, with future potential for occasional hybrid work.
The Controller will be the lead in the Finance Department, providing coaching, guidance, integrity and competency to the Department, overseeing all accounting transactions, budgets, audit, tax, investment & banking transactions, and financial reporting. The Controller will work with the finance team to develop new and modify existing financial and accounting processes, to improve the accuracy, financial controls and efficiency of BTCF’s financial operations and its supporting organizations, all while leading staff to be successful and grow professionally in their individual roles. The Controller will also be responsible for overseeing the Human Resources function to include, but not be limited to, personnel records and maintenance; new employee orientation; payroll processing; and, employee benefits.
The Controller works collaboratively with the VP of Finance and Administration, finance team, and all coworkers to provide courteous and responsive communication to our staff and constituents, and to support the Foundation’s commitment to equity, inclusion, and respect.
ESSENTIAL FUNCTIONS INCLUDE
Financial Accounting, Investments, and Cash Management
- Maintain an accurate general ledger by overseeing all gifts, grants, investments, AP, GL and other transactions.
- Lead monthly and quarterly closings including adjusting entries and reconciling subsidiary modules and supporting organization records.
- Oversee monthly investment account reconciliations and accurate administrative fee calculations; oversee checking accounts and approve deposits, ACH, PosiPay, and bank and investment account reconciliations.
- Maintain current procedures and documented controls over financial transactions; coordinate, review and collect investment manager documents.
- Calculate asset-rebalancing entries and execute transfers to move cash in and among checking and investment accounts. Execute cash flow and fund transfers.
- Prepare for approval, all investment related transactions including purchases, sales, and payments of fees
Financial Analysis and Reporting
- Collaborating with the VP of F & A, prepare quarterly financial reports for management, the finance committee, Board, and Foundation for Community Health (FCH) finance committee.
- Collaborating with the VP of F & A, prepare monthly departmental operating budget reports, quarterly fund statements, and fund program and grant reports.
- Lead finance department staff with audit and tax preparation for BTCF and it supporting organizations by providing and guiding staff to prepare reports, provide information, and complete annual MA, CT and NY annual reports and solicitation filings.
- Oversee staff completion of foundation, industry and investment surveys; agency fund audit confirmations; and, monthly dashboard and investment reports for website and donor portal.
Charitable Funds Management
- Ensure accurate coding of new funds, changes to funds, and closing funds.
- Track low balance funds, prevent against spending from negative fund balances, and coordinate actions with program and philanthropic services departments.
- Oversee provision of fund financial data to staff as requested.
Human Resources
Oversee functions of human resources, including payroll management, workforce management in partnership with HR Consultant to ensure that HR initiatives are smoothly operated for a healthy work environment.
The Controller may undertake additional responsibilities as time permits and business needs evolve.
QUALIFICATIONS
A qualified applicant for this role will demonstrate a compelling combination of the following attributes and skills:
- Bachelor’s degree in accounting is required; CPA preferred.
- 5+ years of accounting and financial experience is required, specifically with extensive knowledge of investment reconciliations and accounting for investments. Experience in a nonprofit including proven knowledge of Not-for-Profit accounting standards and related methodologies would be a plus.
- Knowledge about alternative investments and their treatment in the financials.
- Experience in accounting and audit preparation is required; gathering, evaluating, presenting and reporting financial information to executive teams desired.
- Experience supervising accounting professionals and managing staff teams; proven ability to lead and promote collaboration
- Personal qualities of integrity, credibility, and ethical conduct along with a commitment to the accurate reporting and the mission, vision and values of the Foundation
Compensation and Benefits
Starting salary is $100,000-$110,000 commensurate with experience.
We offer competitive benefits, including:
- 403(b) retirement plan with employer contribution
- Generous paid vacation and sick time
- Health, dental, and life insurance
Berkshire Taconic Community Foundation is an Equal Employment Opportunity Employer. We encourage applications from people with diverse backgrounds and experiences.