Job Title: Controller
Position Summary:
The person designated to provide supervision of this position is the Chief Financial / Operations Officer (CFO/COO). The controller will take direction from the CFO/COO and is expected to be a key advisor to the CFO.
Candidates must have solid communication, technology, analytical and management skills. Candidates should possess knowledge of all aspects of generally accepted accounting principles (GAAP).
Organizational Evolution:
Over the past two years, Community Foundation Boulder County has stepped up to lead the philanthropic aspects of multiple disaster-recovery efforts, not only collecting millions of dollars in donations but also convening community leaders and deploying resources quickly. Coupled with CFBC’s ongoing efforts to respond to COVID and its impact on Boulder County, CFBC has increased its role as an integral connector between private funding, public actors, and the nonprofit sector. It is now essential that the fundraising and donor relations work of the Foundation expand to meet our critical role in the community as well as exceed donor and fund holder expectations. This is an exciting time to join the team, as the organization grows, creates these new positions, and positions itself to respond to so many incredible opportunities.
About Community Foundation Boulder County
Community Foundation Boulder County is a community catalyst, responding to immediate needs and anticipating future challenges. Through informed‐decision‐making, we inspire ideas and action and mobilize diverse resources to improve the quality of life for everyone in Boulder County. As a collaborator and convener, we promote inclusivity and provide leadership on key issues, working with community‐ minded individuals and organizations that want to make a difference.
Established in 1991, Community Foundation Boulder County currently has assets totaling more than $100 million. In 2021, the foundation received over $15 million in contributions and distributed over $10 million in grants to nonprofit organizations. CFBC has granted more than $120 million to nonprofit organizations since its inception and recently raised over $43 million to support fire recovery efforts in Boulder County.
Responsibilities
- Supervise and coordinate the financial and accounting day to day operations
- Manage accounting staff
- Develop and manage the process for the creation of the annual organizational and department budgets
- Prepare the Finance/Operations department budget
- Ensure accuracy of accounting for all grants and program-related investments
- Manage the execution of investment purchases and redemptions
- Ensure the accuracy of the investment portfolio by reviewing reconciliations
- Manage effective commercial banking relationships and investment manager relationships
- Supervise and coordinate preparations for the annual audit
- Establish a cash management system, including timely reconciliation of bank accounts
- Supervise preparation of all required tax reports and payment of required state and federal taxes
- Assist the CFO in preparing for investment and audit committee meetings of the board of trustees
- Prepare analyses of portfolio performance returns
- Ensure expenditures are paid and recorded in a timely manner
- Establish, monitor and enforce effective internal controls
- Manage a documented system of accounting policies and procedures
- Manage the preparation of all financial reporting, including annual financial statements and monthly reports during the year
- Analyze financial results as well as specific trends or issues
- Streamline and develop efficiencies utilizing the new accounting system
- Manage the preparation of regular forecasts of financial information including cash flows, budget/actual expenditures and grant expenditures
- Assist with the preparation and reporting of the funding forecast and fund balance projections
- Manage organization insurance policies, including annual renewals and assessment of coverage
- Respond to inquiries regarding accounting and finance in a timely and accurate manner
- Represent CFBC as required to external and internal constituencies
- Serve as primary backup to the CFO
- Carry out such other duties as shall be assigned.
Skills and Competencies
- Bachelor’s degree in finance or accounting; CPA or CMA required
- Minimum of 7 years accounting and finance experience
- Previous supervisory skills with a minimum of 5 years managing staff
- Excellent project management skills
- Ability to select, manage and operate accounting computer hardware and software, including management of the links between accounting software packages
- Understanding of Generally Accepted Accounting Principles and auditing standards within the context of a community foundation
- Ability to read, understand and extrapolate key financial information from custodian and individual investment manager reports
- Passion for and commitment to Community Foundation Boulder County’s vision, and its mission of advancing equity in Boulder County
- Ability to communicate effectively and respectfully with people of diverse backgrounds, especially across race, ethnicity, gender, and class
- Commitment to issues of community, diversity, equity, integrity and fairness
- Comfort serving collaborative teams of colleagues both on-site and in remote locations
- Ongoing commitment to improving skills and knowledge acquisition
- Ability to handle confidential issues with discretion
- Action-oriented, self-starter who can work well independently and in teams
- Ability to effectively manage time and meet deadlines
- Comfort creating and adhering to organized systems within flexible and dynamic community environments
- Ability to maintain a cooperative, supportive, and amiable relationship with other members of CFBC’s staff and board of trustees
- Thorough understanding of CFBC’s legal environment and tax-exempt status
- Ability to exhibit a facility for clear, concise, and honest representation of CFBC through all forms of communication and in all forums
- Leadership skills such as to invite and sustain the confidence of CFBC’s board and staff, and to promote the credibility of CFBC in the community at-large
- Understanding of and ability to communicate CFBC’s mission, vision and values.
Compensation
This is a full‐time position (100% FTE) or 40 hours per week. The salary range for this position is $90,000 - $120,000. CFBC offers a competitive benefits package including health and dental insurance, paid time off, retirement contribution and match, parking pass, and Limited Health Reimbursement Account (employer funding of $2,000 per year).
Application Process
Interested applicants should send a cover letter and resume in a single file PDF to Hannah@commfound.org with the subject line “Controller.” Applications should be submitted by 5 pm on March 27, 2023. No calls please.
Non‐Discrimination Policy
Community Foundation Boulder County is dedicated to the principles of equal employment opportunity (EEO) in any term, condition, or privilege of employment. We do not discriminate against applicants or employees based on age, race, sex, color, religion, sexual orientation, national origin, genetic information, disability, or any other status protected by state or local law.
Community Foundation Boulder County practices and champions inclusiveness in our community. We honor the diverse strengths, needs, voices, and backgrounds of all members of our community. Candidates from traditionally marginalized communities are especially encouraged to apply.