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Controller & Vice President of Finance

2 months ago


Boston, United States HomeStart Full time
HomeStart Inc. Controller & Vice President of Finance Job Description HomeStart Overview: Founded on the principle that every person deserves a safe and healthy place to live, HomeStart has been ending and preventing homelessness in Boston for over 25 years. HomeStart serves hundreds of people each year in the Greater Boston Area and has permanently housed more than 14,000 individuals living on the street and in shelters, provided stabilization support for more than 1,000 households, as well as prevented more than 4,000 families from experiencing homelessness by way of eviction. HomeStart is uniquely positioned to dramatically reduce homelessness. Our clients include single parents and their children, victims of domestic violence, veterans, and persons with disabilities. All of them are living at or below the poverty line.

We are a team of >90 dedicated professionals representing a rich diversity of professional skills and lived experience. At HomeStart, we don’t just accept difference – we celebrate it, support it, and thrive on it for the benefit of our team and the communities we serve. With a strongly-held belief that having a home restores a person’s dignity and offers the stability necessary for making other life changes, HomeStart is a powerful advocate for both ending and preventing homelessness in the City of Boston and is expanding its work across Massachusetts and is preparing to expand its work in markets across the nation.

To learn more, please visit www.homestart.org.

Position Overview

HomeStart is seeking a candidate able to succeed in a role with two key responsibilities: a day-to-day working controller and a leader of a small working department of finance and accounting staff. HomeStart has a Finance Team of five (including the Controller & Vice President of Finance position) that supports the operation of a $17M annual budget, approximately two dozen government-funded cost-reimbursement contracts and a high volume of accounts payable. The Controller & Vice President of Finance (VP) is an extremely hands-on position, responsible during the course of a regular workday for tasks ranging from monthly financial reports and analysis for the Board of Directors to fielding concerns from accounts payable vendors. The VP leads the process of completing the Finance team’s monthly SOP, supporting and stepping in to complete tasks when needed.

HomeStart is currently seeking a thoughtful and thorough Controller & Vice President of Finance (VP of Finance) to partner with the leadership team to allow the organization to reach the next level of impact. Reporting to the Deputy Director, the VP of Finance will be responsible for managing all of HomeStart, Inc.’s financial matters.

The Controller & VP of Finance is responsible for all financial matters of HomeStart and will report to the Deputy Director and work closely with the President/Executive Director. In addition the individual will be a business partner with the senior management team related to program and operational matters. The Controller & VP of Finance will oversee all contractual compliance and accounting matters for government contracts and private grants and will be involved in a hands-on manner in these areas. The individual must be able to adapt to a changing environment and thrive in an autonomous and deadline-oriented workplace while managing a small finance staff. The successful candidate will understand financial drivers of the HomeStart business, will focus on finance/accounting process improvement and will be a hands-on operational manager who is both comfortable with details as well as able to lead the financial strategy of HomeStart.

Essential Duties And Responsibilities

The Controller & VP of Finance will play an integral leadership role at HomeStart. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. and will fulfill the following responsibilities:

Accounting And Administration

Direct the preparation of all financial statements, including income statements, balance sheets, stakeholder reports, tax returns, and governmental agency reports

  • Manage all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements. Maintain internal control safeguards for the receipt of revenue, costs and both division budgets and actual expenditures.
  • Lead the SOP for department month-end closing, taking responsibility for some regular tasks (e.g. reviewing reconciliations), ensuring that assigned team members complete their tasks and stepping in to directly complete some tasks (e.g. identifying and preparing accruals) when needed.
  • Manage organizational cashflow and forecasting
  • Oversee the accounting department and supervise the Director of Finance and her management of two team accountants
  • Ensure proper maintenance of Sage accounting system
  • Liaise with and prepare reports for the Board of Directors and Finance Committee – to prepare for bi-monthly Committee and Board meetings, FY budget meetings, and audit reviews and to develop short- medium-and long-term financial plans and projections
  • Manage bank relationships, financing strategies and activities
  • Provide monthly Sage reports to Development/Fundraising Team for donor database and availability and/or decision participation around reconciliations between SAGE and donor database as well as (re)classification around potential donor restrictions
  • Ensure timeliness, accuracy and usefulness of financial and management reporting for federal, state and city funders, foundations, and HomeStart’s Board of Directors
  • Ensure government contract compliance, proper internal controls and accounting procedures – daily – generally happens pre-audit and pre-990 because questions; could add to yearly or bi yearly process for formal review
  • Ensure accurate and timely completion of annual audit, required tax filings, and 990 as needed defined by auditors with multiple steps

Collaboration And Leadership

Provide leadership with organizational decision-making, strategy, program and administrative operations and be able to have earnest conversations about the incorporation DEI principles in the work

  • Lead, support and develop the Finance team. Manage workload issues effectively to create a workplace that increases staff retention, and strengthens communication within and outside the department.
  • Develop annual budget, financial business plans and forecasts and ensuring the availability of funds as needed
  • Develop and monitor program and departmental budgets and support the managers’ understanding and management of their budgets
  • Direct, consult and counsel all organization employees, board members, volunteers, grantors and community members in all financial aspects of HomeStart.
  • Compare projections to actual figures and budgeted expenses to actual expenses; make or oversee any necessary adjustments to future projections and budgets
  • Review the planning process and suggests improvements to current methods
  • Oversee the integrity to HomeStart’s financial procedures and participate in improving/modifying procedures as needed as well as corporate policy development as a member of the senior management team
  • Analyze operations to identify areas in need of reorganization or optimization
  • Study long-range economic trends and projects their impact on the future growth of the organization
  • Develop and utilize forward-thinking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans

Experience/Skills/Qualifications

  • 10 to 15 years of increasing responsibility with CFO/Controllership experience
  • CPA preferred
  • A minimum of three years of progressively responsible work experience managing the accounting functions and accounting staff in a non-profit agency, or equivalent experience
  • Previous experience with accounting software such as Abila MIP, Sage, Great Plains, or similarly accounting software
  • Advanced knowledge and utilization of Excel, strong computer literacy to include use of MS

Office 365 & Google suite of software, and proficient in database and accounting computer

application systems

  • Thorough knowledge of budgeting and accounting practices, processes, and procedures of non

profit organizations

  • Demonstrated ability to organize, direct and coordinate operations in personnel supervision, the

recruitment and retention of key personnel and budget management

  • Critical to success in this role, the VP of Finance will have a demonstrated ability to work

collaboratively with others and have excellent written and verbal communication skills

  • Excellent organization, analytical skills, and consistent attention to detail
  • Ability to interact professionally with staff, Board members, volunteers, and other related

agencies

Physical Demands

  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 15 pounds at times.
  • Must be able to access various departments of a given location.

Compensation: $130-135K annually, competitive benefits package including health insurance, dental insurance, voluntary supplemental benefits, 401(k), vacation, sick time, and paid holidays.

Desired Start Date: August 1st – Negotiable

How To Join Our Team

Please email a resume and a cover letter including salary requirements. Materials should be addressed to Jewel Evans at evans@homestart.org. Applications will be reviewed on a rolling basis.

HomeStart is an equal opportunity employer and as such, we do not discriminate against any team member or candidate because of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy, or any other basis protected by law. We encourage all to apply because we believe a diversity of voices leads to better discussions, decisions, and outcomes for everyone.

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