Assistant Controller

Assistant Controller. New York. Posting Date: 02/06/2023. Deadline: 02/19/2023

We are seeking an Assistant Controller, to sit within the Accounting and Compliance Team. This is a Hybrid role located in New York. The Accounting and Compliance Team provide a wide range of services including: payment processing, accounting policy and procedural advice, cash flow management, legal entity audit and financial statement preparation, and tax filing compliance. The Accounting Team work in partnership with other teams such as IT, Legal and Grants, to provide guidance and support to the various OSF Foundations around the world.

This people management role, will be responsible for providing high-level support to the U.S. Controller as they manage day-to-day operations and regulatory compliance of their assigned entities, producing financial statements, forecasting foundation and entity's financial health, and correcting inaccuracies in the financial records.

As an Assistant Controller, you will:

• Be responsible for all financial management and health of assigned entities, ensuring positive net assets in coordination with Grants Management. Monitor and forecast revenue and expense to ensure sufficient funding grants are in place, ensure accounting policies are current and followed;
• Develop board materials, audit committee materials, and fulfil donor reporting requirements, such as tax substantiation letters, and reporting against grants in coordination with relevant program staff;
• Prepare monthly, quarterly and yearly analysis schedules for all assigned entities; along with yearend audit schedules for all assigned entities, record general ledger transactions, prepare journal entries;
• Maintain all integration tasks related to the import of selected financial subsystems (grant administration, contract administration, travel expense administration) into the accounting system;
• Prepare annual financial statements and tax returns, including consolidation of financial information, running ad hoc reports from financial systems as needed (detail transaction reports, etc.) to support statements and consolidations independently
• Manage external service providers of representative offices of respective OSF entity if relevant;
• Review monthly, quarterly and yearly analysis schedules for all assigned entities, along with year-end audit and tax schedules for all assigned entities;
• Review resource sharing formulas and associated monthly OSI billing invoices to other entities including intercompany overhead allocation
• Review monthly bank and petty cash accounts reconciliation for all assigned entities, review and approve journal entries (regular, intercompany and adjusted);
• Act as deputy Controller if needed;
• Respond to senior financial management on all queries on statements and entity transactions;
• Serve as a finance liaison to staff and as a finance department management team member, by providing leadership, developing others, providing support to colleagues and the Controller

We are looking for:

• CPA, with Bachelor's degree (BA/BSc) with a major in Accounting from a four year accredited college or university
• Over ten years of progressively responsible relevant work experience
• Knowledge of US Generally Accepted Accounting Principles with five to seven years managerial experience;
• Comprehension of accounting practices in US Private foundations, Public Charities and C4 organizations
• Experience managing staff and self, in a fast-paced environment
• Research skills, strong attention to detail, discipline with deadlines;
• Experience delivering highly quality and timely reports to senior leadership
• Excellent analytical skills, proficiency in Microsoft Office and cloud-based platforms, database management;
• Strong communication (written, verbal, listening), interpersonal and organizational skills, discretion when handling confidential matters;
• Critical thinking skills, good judgment, solutions-oriented;
• Commitment to continuous learning and growth in the areas of diversity, equity, inclusion, antiracism and social justice;
• Commitment to listening and working with humility; ways of working that are respectful to all people; and that support space and voice for all diverse perspectives in our workplace.

We offer: We are dedicated to providing equitable and competitive compensation & top-notch benefits*, these include:

• Generous time off
• Flexible work arrangements
• Hybrid working environment. Work from home or your local OSF office.
• Employer-paid health insurance
• Generous retirement savings plan
• Progressive paid parental leave, reproductive and family planning support
• Sabbatical opportunities and much more
• Extensive opportunities to learn and grow, from annual professional development allowances to onsite trainings and brown bag lunches with visiting experts.
• A commitment to creating a diverse and inclusive workplace that enables everyone to bring their full self to work and make a positive impact on the world.
• Benefits designed for your well-being and a healthy work-life balance

In New York City the salary range for this role is $102,500 - $189,600 plus benefits**. The final offer is influenced by a range of factors including, but not limited to, skill set and level of experience.

Apply

Please submit your cover letter and resume.

We aim to build an inclusive workforce that is reflective of the populations we support, and actively seek applications from those who are marginalized and underrepresented. We are committed to providing reasonable accommodations to applicants and colleagues with disabilities.

Open Society requires all US employees to be fully vaccinated for COVID-19 unless an employee requires a reasonable accommodation for medical reasons or for a sincerely held religious belief. If you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation related to Open Society's vaccination requirement.

*Some variability according to location. **Legal requirement to advertise salary range in New York USA.

Competitive rates of pay apply.

We aim to build an inclusive workforce that is reflective of the populations we support, and actively seek applications from those who are marginalized and underrepresented. We are committed to providing reasonable accommodations to applicants and colleagues with disabilities.