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Financial Controller

Description

 

General Responsibilities:

  • Develops, writes and updates financial methods, policies, procedures and guidelines for approval.
  • Monitors and reconciles bank accounts for Breakthrough Corporation and all Phases.
  • Records transactions for all managed properties.
  • Processes invoices and receipts for all service programs.
  • Reviews lease administration transactions, move-ins/outs, subsidy/tenant allocations, bad-debt write-offs, and late legal charges.
  • Assists Program Coordinators in review of related financial reports/budgets.
  • Processes purchase orders.
  • Tracks the Accounts Receivables and Accounts Payable and oversees the General ledger. Responsible for accurate production of the related monthly financial reports.
  • Provides budget analysis for the Corporation and service programs.
  • Evaluates cash management for the Corporation.
  • Responsible for monitoring, submitting, and tracking billing.
  • Acts as a backup for all payroll functions.
  • Analyzes tax accounts and assists in annual and quarterly tax reports and filings.
  • Assures compliance with all required permits and annual reports.
  • Hires, trains and retains accounting staff.
  • Abides by all policies, procedures, regulations and guidelines for safety, quality assurance and general corporate oversight of Breakthrough and or/the State of Tennessee, Department of Intellectual and Developmental Disabilities.
  • Assists in the performance of other duties required by Breakthrough and/or the needs of persons supported and as assigned by the Executive Director.
  • Special Demands
  • The Financial Controller must have understanding, patience and tact in dealing with persons supported, their families or advocates and other agencies involved in providing supports; the ability to maintain good working relationships with staff and with contacts from other agencies or entities; be able to prioritize work tasks under the general direction of the Executive Director; be able to work without close personal supervision.

Requirements


Qualifications 


- Master's degree in Accounting, Finance, or related field 

- CPA licensure required

 - Minimum of 3 years of experience in financial accounting 

- Proficiency financial software

 - Strong analytical and problem-solving skills

 - Experience with balance sheet reconciliation and regulatory reporting

 - Knowledge of non-profit or governmental accounting a plus - Excellent communication and interpersonal skills

 - Ability to work effectively in a fast-paced environment

 - Detail-oriented and able to meet deadlines


Job Type: Full-time


Pay: $70,000.00 - $85,000.00 per year


Work Location: In person

Average salary estimate

$77500 / YEARLY (est.)
min
max
$70000K
$85000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Controller, Breakthrough Corporation

Are you ready to take your financial expertise to the next level? Breakthrough Corporation in Knoxville, Tennessee is on the lookout for a Financial Controller who is passionate about financial management and making a positive impact in the community. In this integral role, you will craft and refine financial policies and procedures that not only streamline our operations but uphold our commitment to providing exceptional support to those we serve. Your day-to-day tasks will involve monitoring bank accounts, recording transactions for various properties, and processing essential financial documents such as invoices and purchase orders. You will also oversee and assess our accounts receivables and payables, ensuring accuracy in monthly financial reports. As a key player in our budgeting process, you’ll provide essential analysis that informs our financial strategy. Plus, your leadership will shine through as you hire, train, and nurture our accounting staff to cultivate a strong team dynamic. A successful Financial Controller has a master’s degree in Accounting or Finance, CPA licensure, and at least three years of relevant experience under their belt. If you pride yourself on your excellent communication skills and thrive in a fast-paced environment, then Breakthrough Corporation would love to hear from you. Join us where your work makes a difference every day!

Frequently Asked Questions (FAQs) for Financial Controller Role at Breakthrough Corporation
What are the key responsibilities of a Financial Controller at Breakthrough Corporation?

As a Financial Controller at Breakthrough Corporation, your key responsibilities include developing financial policies, monitoring reconciliations, overseeing transactions for managed properties, processing financial documents, and maintaining accurate accounts receivable and payable records. You'll also evaluate cash management, provide budget analysis, and ensure compliance with all applicable regulations.

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What qualifications are needed for the Financial Controller position at Breakthrough Corporation?

To be considered for the Financial Controller position at Breakthrough Corporation, candidates must have a master's degree in Accounting, Finance, or a related field, as well as CPA licensure. Additionally, a minimum of three years’ experience in financial accounting and proficiency in financial software are required to excel in this role.

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How can a Financial Controller contribute to the mission of Breakthrough Corporation?

A Financial Controller at Breakthrough Corporation plays a vital role in supporting the organizational mission by ensuring that financial practices are efficient and transparent. By managing budgets, analyzing financial performance, and providing leadership to the accounting team, the Financial Controller helps allocate resources effectively to programs that enhance the lives of the individuals served.

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What is the salary range for a Financial Controller at Breakthrough Corporation?

The salary range for a Financial Controller at Breakthrough Corporation is between $70,000.00 and $85,000.00 per year, depending on qualifications and experience. This competitive compensation reflects the importance of the role within our organization.

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What skills are essential for success as a Financial Controller at Breakthrough Corporation?

Successful candidates for the Financial Controller role at Breakthrough Corporation should showcase strong analytical and problem-solving skills, attention to detail, and effective communication. Having knowledge of non-profit or governmental accounting is a plus, as is the ability to thrive in a fast-paced environment while prioritizing tasks.

Join Rise to see the full answer
Common Interview Questions for Financial Controller
Can you describe your experience with budget analysis in your previous roles as a Financial Controller?

When asked about your experience with budget analysis, draw on specific examples from your past positions where you evaluated financial data, made recommendations for budget adjustments, and collaborated with team members to align financial goals with operational objectives.

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How do you ensure compliance with financial regulations in your work?

To answer this question effectively, highlight your familiarity with financial laws and regulations, your experience with audits, and any internal controls you've implemented to guarantee compliance, ensuring the organization adheres to both state and federal standards.

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What financial software are you proficient in and how have you used it in your previous roles?

When discussing financial software, mention specific tools you’ve used, such as QuickBooks or SAP. Explain how you've utilized these tools for accounting tasks, financial reporting, and improving efficiency within your department.

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How would you handle a situation where you discovered a financial discrepancy?

In your response, emphasize your methodical approach to discrepancies, including investigating the cause, communicating with relevant stakeholders, and devising a solution to reconcile the discrepancy while documenting the process to prevent future occurrences.

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What strategies do you use to manage your accounting team effectively?

Discuss your leadership style, the importance of communication and feedback, and how you foster collaboration within your accounting team. You can mention examples where you have successfully guided team members through challenges or improvements.

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Describe a time when you had to make a difficult financial decision. What was the outcome?

Use a specific example to illustrate your analytical skills and decision-making process. Explain the context, the factors you considered, the action you took, and how that decision helped the organization achieve its financial goals.

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How do you prioritize your tasks in a fast-paced financial environment?

Share your strategies for prioritization, such as creating to-do lists, assessing deadlines, and understanding critical financial projects. Emphasize your ability to remain flexible and adapt to changing priorities while maintaining accuracy in your work.

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Why do you want to work as a Financial Controller for Breakthrough Corporation?

Express genuine interest in Breakthrough Corporation's mission and values. Connect your financial expertise to their goals and explain how you envision your role as a Financial Controller contributing to their success in serving the community.

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What is your approach to resolving conflicts within your finance team?

When answering this question, highlight your conflict-resolution skills by providing an example of a past conflict, emphasizing effective communication, and discussing how you worked with team members to reach a mutually agreeable solution.

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How do you keep up with changes in financial regulations and trends?

You can explain your process for staying informed, whether that includes consulting professional publications, attending workshops, or networking with peers in the accounting field; showcasing your commitment to continuous professional development.

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DATE POSTED
April 4, 2025

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