The Cystic Fibrosis Foundation, the world’s leader in the search for a cure for cystic fibrosis, and one of the most innovative and successful organizations of its kind is seeking an Assistant Controller.
The Assistant Controller is responsible for the management and supervision of all aspects of accounting; billing, accounts receivable, financial statements, general ledger, inventory accounting, grant accounting, treasury and various special analysis as needed. The position is competent in the financial accounting systems, processes and internal controls, grants accounting, as well as accounting principles and concepts. The position will provide leadership in monitoring the monthly close of the books, review and reinforcement of account reconciliations prepared timely and balances reflected accurately on the monthly financial statements. The position will assist in developing, updating and maintain company accounting policies and procedures.
The position reports to the Controller and oversees five professionals.
The position provides oversight and quality review for a variety of tasks, including the review of monthly closing journal entries, supervising and coordinating the monthly grant reconciliation process, review of the monthly account reconciliation of all balance sheet accounts. The position supervises the monthly closing of accounting modules such as accounts payable and fixed assets.
- Provide leadership to team members through sound management, goal setting, performance monitoring and ongoing improvement initiatives. Design and implement professional development plans for direct and indirect reports.
- Identify and resolve process bottlenecks and inefficient procedures.
- Serve as a team leader and subject matter expert with respect to the identification and configuration of financial systems such as workflow solutions, system integration and other financial system modules, etc.
- Maintain oversight of financial processes and procedures. Document procedures with written tools such as flow charts, standard operating procedures, control checklists, etc.
- Serve as a team leader and subject matter expert with respect to the monthly grant recordation and reconciliation processes.
- Establish and maintain controls to ensure monthly closing journal entries and reconciliations are completed timely and accurately recorded on the general ledger.
- Review and manage the month-end closing activities as needed: including month-end journal entries, responding to questions from chapters, and adjustments/reclassifications.
- Monitor and ensure chapter and HQ inquiries requests for assistance are handled promptly and professionally.
- Manage and assist the grant accountant with the monthly grant reconciliation and rollforward schedule and communicate discrepancy directly with grants and contracts department between general ledger and grant database.
- Review and validate all monthly grant payments are accurate and valid.
- Monitor daily fraud exceptions and following up with Finance members to address the issue as needed.
- Responsible for daily management of all bank accounts including wire transfers, ACH payments, and general administration for two company IDs.
- Review coding and posting of pledge receivables related transactions.
- Ensure fixed assets items are properly coded and depreciated per policy and procedures.
- Knowledge of treasury, accounts receivable, and accounting principles in order to oversee financial processes.
- Approximately 7 years of progressively more responsible related work experience necessary in order to perform expected duties.
- CPA required.
- Excellent interpersonal skills necessary to work with internal and external parties, such as banks, outside vendors and staff in chapter field offices, among others.
- Leadership skills sufficient to effectively manage and supervise a team of five individuals.
- Analytical skills necessary to reconcile bank accounts with complex structures and solve system and other problems, as necessary.
- Proficiency with accounting software and experience with a software system implementation
- Proficiency with Excel spreadsheets and general ledger software. Ability to learn and become proficient with additional software including Microsoft Dynamics GP, Paramount Workplace and other software.