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Controller - Non Profit (Hybrid Remote)

Salary: $130,000 - 145,000/year

This position allows for 2-3 days per week remote / work from home.

The Controller will lead the accounting operations of the nonprofit organization, including overseeing the general ledger, financial reporting, and grant accounting. The successful candidate will manage and mentor a team of four accountants, ensure timely and accurate financial reporting, and ensure compliance with all relevant accounting standards and regulations. The Controller will also collaborate with other departments, including program managers, to ensure proper accounting and reporting of grant funds.


Responsibilities
  • Oversee all aspects of the organization’s accounting functions, including accounts payable, accounts receivable, payroll, and general ledger.
  • Lead the monthly and annual closing processes, ensuring timely and accurate financial statements in accordance with GAAP (Generally Accepted Accounting Principles).
  • Prepare and present monthly, quarterly, and annual financial reports for the executive team, board of directors, and funders.
  • Oversee the preparation of annual budgets and forecasts, working closely with the CFO and department heads.
  • Ensure the organization complies with all local, state, and federal regulatory requirements, as well as applicable nonprofit accounting standards.
  • Develop and implement policies and procedures for accounting functions to ensure accuracy, efficiency, and accountability.
  • Manage and oversee the accounting and reporting of grant revenue and expenditures, ensuring compliance with grant terms and conditions.
  • Ensure proper allocation and tracking of grant funds, preparing financial reports and statements for grantors as required.
  • Work with program managers to monitor grant budgets, identify variances, and recommend corrective actions.
  • Lead the preparation of financial documents for grant applications and renewals.
  • Support audits and provide necessary documentation related to grant funding.
  • Supervise, mentor, and develop a team of four accountants, fostering a collaborative and supportive work environment.
  • Delegate tasks and responsibilities to team members, ensuring all accounting functions are completed in a timely and accurate manner.
  • Conduct performance reviews and provide ongoing training to enhance the professional growth of team members.
  • Ensure that team members adhere to organizational policies and procedures while maintaining high standards of financial integrity and compliance.


Requirements
  • Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
  • Minimum of 5 years of progressive experience in accounting, including at least 2 years in a supervisory role.
  • Strong knowledge of nonprofit accounting principles, with a focus on grants management and general ledger accounting.
  • Experience with accounting software (e.g., QuickBooks, NetSuite, or similar) and proficiency in Microsoft Excel.
  • Strong understanding of GAAP and nonprofit financial reporting requirements.
  • Proven ability to manage a team, including delegating tasks, training, and conducting performance evaluations.
  • Exceptional organizational skills and attention to detail.
  • Strong communication and interpersonal skills, with the ability to collaborate across departments and interact with funders and stakeholders.
  • Ability to work in a fast-paced environment and meet deadlines.


$130,000 - $145,000 a year
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Average salary estimate

$137500 / YEARLY (est.)
min
max
$130000K
$145000K

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 Controller - Non Profit (Hybrid Remote), Latitude Inc

Are you ready to make a difference as a Controller at a nonprofit organization in Washington, DC? This hybrid remote position offers the flexibility to work from home 2-3 days a week while you lead the charge in our accounting operations. Your mission? To oversee the general ledger, financial reporting, and grant accounting, ensuring everything runs smoothly and efficiently. You’ll manage and mentor a dedicated team of four accountants, ensuring timely and accurate financial reporting that aligns with local and federal regulations. Collaboration is key here – you'll work closely with program managers to monitor grant budgets and ensure compliance with all accounting standards. You’ll be in charge of the monthly and annual closing processes, preparing financial reports for the executive team and board of directors, while also developing policies that enhance our accounting functions. With a competitive salary range of $130,000 - $145,000, this role is not just a job but a chance to lead and grow in the nonprofit sector. If you’re a passionate accountant looking for a role that marries your skills with your desire to impact the community positively, this is the position for you. Join us and help make a difference while enjoying a balance between work and life.

Frequently Asked Questions (FAQs) for Controller - Non Profit (Hybrid Remote) Role at Latitude Inc
What are the key responsibilities of a Controller at the nonprofit organization in Washington, DC?

As a Controller at this nonprofit organization in Washington, DC, you'll oversee all accounting functions, manage a team of accountants, lead monthly and annual closing processes, and prepare financial reports for varied stakeholders. Your expertise will help ensure proper accounting of grant funds and compliance with nonprofit accounting standards.

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What qualifications do I need to apply for the Controller position at the nonprofit in Washington, DC?

To apply for the Controller position at this nonprofit in Washington, DC, you should possess a Bachelor's degree in Accounting or Finance, preferably with a CPA. A minimum of 5 years of progressive accounting experience, including supervisory roles, is also essential, along with strong knowledge of nonprofit accounting principles.

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Is the Controller position at the nonprofit organization in Washington, DC remote?

Yes! The Controller position allows for a hybrid remote work model, enabling you to work from home 2-3 days a week while being actively involved in the nonprofit's accounting operations in Washington, DC.

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What kind of experience is beneficial for the Controller role in the nonprofit sector?

Experience in nonprofit accounting, especially focusing on grants management and compliance with GAAP regulations, will greatly benefit candidates for the Controller role at this nonprofit organization in Washington, DC. Strong team management skills are also crucial.

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What salary can I expect as the Controller at the nonprofit organization in Washington, DC?

The Controller position at this nonprofit organization in Washington, DC offers a competitive salary ranging from $130,000 to $145,000 per year, reflecting your expertise and contributions to the organization.

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What accounting software skills are required for the Controller role at the nonprofit in Washington, DC?

Candidates for the Controller role at the nonprofit in Washington, DC should be proficient in accounting software like QuickBooks or NetSuite, and have strong mastery of Microsoft Excel to handle financial reporting and analysis effectively.

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What does a typical day look like for a Controller in a Washington, DC nonprofit?

A typical day as a Controller in a Washington, DC nonprofit includes overseeing accounting operations, preparing financial reports, meeting with program managers, ensuring compliance with funding requirements, and mentoring your accounting team to maintain high standards.

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Common Interview Questions for Controller - Non Profit (Hybrid Remote)
What techniques do you employ to ensure accurate financial reporting as a Controller?

To ensure accurate financial reporting as a Controller, focus on establishing a robust internal control system, fostering open communication with your team, and regularly reviewing financial statements for discrepancies to maintain compliance and transparency.

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How do you prioritize tasks within your team as a Controller?

As a Controller, prioritizing tasks involves understanding the organizational calendar, identifying critical deadlines, and delegating responsibilities based on team members' strengths, ensuring productivity while meeting all reporting timelines.

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Can you describe your experience managing grant funds?

In managing grant funds, I ensure strict adherence to grant policies, allocate funds accurately, track expenditures meticulously, and prepare comprehensive financial reports to satisfy both organizational needs and the expectations of funders.

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How would you handle discrepancies found during monthly closing?

Handling discrepancies during monthly closing requires a thorough investigation to understand the root cause, clear communication with relevant team members, and implementing corrective actions to address issues while improving processes to prevent recurrence.

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What is your approach to mentoring your team of accountants?

My approach to mentoring involves regular one-on-one meetings, offering constructive feedback, creating opportunities for professional development, and fostering a supportive environment to empower team members to perform at their best.

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Describe a challenging financial project you managed and how you overcame the obstacles.

In managing a challenging financial project, I focused on effective stakeholder communication, created a structured plan to address issues, and collaborated with my team regularly to track progress, ensuring we met objectives and adhered to deadlines.

Join Rise to see the full answer
How do you ensure compliance with GAAP in your financial reporting?

To ensure compliance with GAAP in financial reporting, I regularly review the latest accounting standards, provide training for my team on compliance procedures, and implement audit-ready practices to maintain transparency and accuracy.

Join Rise to see the full answer
What strategies do you employ to prepare for audits?

Preparation for audits involves performing self-audits, organizing documentation meticulously, ensuring my team is trained on compliance protocols, and maintaining clear communication with auditors to address any concerns quickly.

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How do you handle tight deadlines in financial reporting?

To manage tight deadlines in financial reporting, I prioritize planning, break tasks into manageable parts, allocate resources effectively, and maintain open communication with my team to stay on track and adapt quickly to changes.

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What steps would you take to develop accounting policies and procedures?

Developing accounting policies and procedures involves conducting a comprehensive review of current practices, seeking input from stakeholders, drafting clear and concise guidelines, and providing training for implementation to ensure all team members adhere to them.

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Latitude is a Human Resource Consulting Firm headquartered in Hanover, MD with branch offices in Hunt Valley, MD and Winter Park, FL. Latitude provides consulting services to a wide range of industries in both the Private and Public Sectors. We ar...

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Full-time, hybrid
DATE POSTED
November 29, 2024

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