Non-Profit Financial Controller (Hybrid Remote)

The Non-Profit Financial Controller at our organization is responsible for overseeing the preparation of financial statements, managing the annual budget, ensuring compliance with accounting standards, and facilitating audits. This role also involves tracking restricted and unrestricted funds and collaborating with program teams to prepare financial reports for grants and funders.

To be considered for the Non-Profit Financial Controller position, candidates typically require a degree in finance or accounting, along with extensive experience in financial management, preferably in the nonprofit sector. Knowledge of nonprofit accounting standards and audit processes is also essential.

The Non-Profit Financial Controller will enjoy a hybrid work environment in Washington, DC, allowing for 2-3 remote workdays each week. This setup promotes a healthy work-life balance while ensuring seamless collaboration with the nonprofit's dedicated team.

The salary for the Non-Profit Financial Controller position at our organization ranges from $125,000 to $145,000 a year, commensurate with experience and qualifications, reflecting the importance of your role in maintaining the financial integrity of the nonprofit.

Successful Non-Profit Financial Controllers possess strong analytical skills, excellent communication abilities, and a solid understanding of nonprofit financial practices. They should be detail-oriented, capable of leading teams, and aligned with the nonprofit's mission.

In my role, I stay updated on nonprofit accounting standards and regularly review our financial processes to ensure compliance. I also maintain close communication with our auditors and adjust our practices based on their feedback to uphold transparency and accountability.

My experience in preparing financial statements involves compiling and analyzing financial data to generate clear and accurate monthly, quarterly, and annual reports. I ensure these statements reflect the nonprofit's financial health and are compliant with relevant standards.

Budgeting for a nonprofit organization requires a collaborative approach. I work closely with department heads to understand their needs, forecast expenses and revenues, and align the budget with our strategic goals. This ensures all financial resources are utilized effectively.

To accurately track restricted and unrestricted funds, I implement a robust accounting system that categorizes funds accordingly. I create regular reports to monitor allocations and ensure we adhere to funder restrictions while maximizing our financial resources.

I have significant experience liaising with external auditors during the annual audit process. I prepare necessary documentation, address their queries, and ensure all financial practices are transparent and compliant, which helps build trust and credibility.

Mentoring my accounting team involves providing guidance, conducting regular training sessions, and encouraging open communication. I focus on developing their analytical and technical skills while fostering their alignment with the organization's objectives.

Handling a financial discrepancy involves a systematic approach. I would investigate the issue thoroughly, identify the root cause, rectify the error, and implement preventative measures to ensure it doesn't happen again, while documenting the entire process for accountability.

Technology plays a crucial role in managing nonprofit finances by streamlining accounting processes, enhancing data accuracy, and providing real-time reporting capabilities. Utilizing platforms that integrate budgeting and tracking can save time and improve decision-making.

I have extensive experience in grant financial reporting, which involves preparing detailed financial documents required by funders. I ensure that all expenses are accurately tracked and reported in accordance with grant guidelines, ensuring transparency and accountability.

Transparency is essential in nonprofit financial management because it builds trust with stakeholders, including donors and grantors. By openly sharing our financial processes and reports, we demonstrate our commitment to responsible stewardship of funds, which can enhance our credibility and support.