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Director, Controller

Our partners at Seattle Foundation are seeking an experienced, strategic Director, Controller to play a key role in shaping the financial health and future of the organization!

Position Highlights

  • Target Hiring Range: $180K - $195K; Full Salary Range: $145,577 - $240,203
  • Type: Permanent; Full-Time, Salary/Exempt
  • Location: Hybrid Work Model; Offices located downtown Seattle, WA
  • Submission Requirements:
    • Resume
    • Cover Letter
  • Excellent PTO Package: Enjoy 3 weeks of vacation, 2 weeks of sick leave, 4 wellness days, 15 holidays, and 2 weeks off (paid) during Fourth of July and Thanksgiving weeks.

About Seattle Foundation

Founded in 1946, Seattle Foundation has guided philanthropy in the Seattle region as trusted advisors to donors who care deeply about their community and partners to organizations driving work on the frontlines. The foundation believes that the people most proximate to the issues of our time have the solutions and develop targeted strategies to inspire collective action.

The inflection point Seattle Foundation finds themselves in at this moment is about how they lean more deeply into impact work that is transformational while simultaneously retooling their business model to support this shift. In 2023, the Foundation engaged in a strategic planning process to seize the moment and lean in. The three-year strategic plan (to be publicly released later this year) is the culmination of a nine-month process involving significant dialogue and iteration with core stakeholders and potential partners across the region. This process was rooted in a commitment to advance the Blueprint for Impact through near-term goals and milestones toward their vision of a joyful region of shared prosperity, belonging, and justice.

Position Overview:

Seattle Foundation is seeking an experienced, strategic Director, Controller to play a key role in shaping the financial health and future of the organization. In this pivotal position, you'll oversee accounting, tax compliance, financial systems, internal controls, and fund management, ensuring the Foundation's financial strategies are aligned with its mission. This role works closely with the CFO and provides expert guidance on financial management, all while maintaining strong relationships with internal teams, the Board, committee members, vendors, and donors.

Key Responsibilities

  1. Leadership/Management              
    • Lead team culture of high performance, continuous improvement, learning and excellence.
    • Establish accounting vision, drive process improvements, and develop/monitor KPIs & metrics.
    • Supervise and mentor Assistant Controller, and Finance Operations Manager.
    • Develop staff, workplans, career ladders, and ensure appropriate cross-training and process documentation are in place to provide appropriate transaction redundancies.
    • Assist CFO in supporting the Audit and Finance Committees.
  2. Operations
    • Oversee, plan, direct, and coordinate all accounting operation functions including financial and fund management.
    • Assess current accounting operations, maintain a documented system of accounting policies and procedures, and offer recommendations for continuous improvement.
    • Implement financial policies and new processes across the organization.
    • Ensure availability of sufficient back-up documentation (i.e., schedules and analyses that support financial statement amounts for fixed assets, pledges, investments and trust assets, debt, trust and annuity liabilities, endowment funds, etc.).
    • Advise Director of Gifts and Grants on complex gift and grant transactions.
    • Responsible for cash flow management, capital call approvals, and the sale of gifts of securities.
    • Manage and develop relations with all auditors, banks, other financial institutions and consultants, as well as other external stakeholders, as appropriate.
  3. Compliance/Risk Management  
    • Ensure SeaFdn complies with GAAP plus federal, state and local financial/tax laws and regulations.
    • Responsible for oversight and compliance with SeaFdn’s internal control policies, practices, and procedures. In collaboration with staff and other departments, develop and review COSO-compliant procedures to improve SeaFdn internal controls; recommend and implement policy changes.
    • Own the general ledger and ensure accuracy and quality of financial statements.
    • Collaborate and support Assistant Controller during the annual financial statement audit process, including managing external audit relationships, internal coordination, and quality assurance.
    • Collaborate and support Assistant Controller for review of the state and federal tax return preparation, and interface with tax authorities when necessary.
    • Responsible for compliance with payroll reporting requirements and payroll processing.
    • Advise management and other stakeholders on tax implications from operational activities and stay current on local, state(s), and federal regulatory and tax code revisions.
    • Monitor debt levels and manage compliance with banking debt covenants on debt instruments.
  4. Oversee contract and risk management
    • Support CFO to develop, implement, and oversee cross foundation risk management strategies.
    • Ensure that processes and systems improvements, modernization of data applications and internal controls are transparent, communicated, documented, and approved.
    • Create and maintain organization wide procurement policies and procedures and provide direction and training for contract staff in the requirements of the procurement process.
    • Lead the standardization of the development and maintenance of Request for Proposal (RFP) documents and work with staff to convene and train RFP review panelists.
    • Manage procured vendor and consultant contract relationships where applicable.
    • Advise and guide the preparation and posting of RFPs for SeaFdn.
    • Work with subject matter experts to edit scopes of work, technical specifications, and other solicitation/contract documents for clarity and consistency, technical specifications, and other solicitations/contracts.
  • 10+ years of direct accounting and financial management experience, with a proven track record of increasing responsibility.
  • 5+ years of experience in people management, building and leading high-performing teams.
  • CPA certification or equivalent experience required.
  • Bachelor’s degree in accounting, business administration, finance, or a similar field, or equivalent experience.
  • Deep commitment to the Seattle community, with a focus on racial equity and economic opportunity.
  • Experience in Fund or Non-Profit accounting and grantmaking is a plus.
  • Excellent communication skills, including public speaking and writing; comfortable presenting to all levels of the organization, including the Board of Trustees.
  • Familiarity with Microsoft Dynamics Business Central/Customer Engagement is preferred.
  • 100% Paid by employer: medical, dental, vision, life, AD&D, LTD. 403(b)
  • Retirement matched at 5%; increasing to 10% over time, 100% immediate vesting.
  • PTO: 3 weeks’ vacation, 2 weeks sick, 4 wellness days, 15 holidays,
  • $1,200 annual remote work benefit, $750 annual wellness benefit, $1,200 annual transit benefit; Professional development stipend, optional Flex plan and dependent coverage.
  • The hiring range reflects SeaFdn’s objective to hire at approximately the mid-range within the associated grade. Per Washington State law, SeaFdn discloses the full range of the associated grade for this position; this range is 100% of range and has not been adjusted. 

Physical Demands and Working Conditions:

The work is performed remotely, in an office setting, or a hybrid combination. All positions require the capability of working at a PC for extended periods. Team efforts with event support may require periods of physical activity involving standing, walking, and moderate lifting. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions of the role.

Safety and Health Requirements:

Seattle Foundation places the health and safety of its employees and the communities we serve as our highest priority. To support this priority, we require that all employees be fully vaccinated against COVID-19. Waivers are available for accepted medical and religious exemptions.

Commitment to Diversity, Equity, and Inclusion:

Seattle Foundation envisions a thriving region of shared prosperity, belonging, and justice, where all individuals and communities have equitable access and outcomes, regardless of race, place, or identity. We are committed to advancing racial equity using an intersectional lens, and integrate our diversity, equity, and inclusion efforts into all that we do. We hold ourselves accountable to uphold our organizational values and strive to do better every day.

 

About Seattle Foundation Continued...

Seattle Foundation has gone through significant growth and change over the past several years. The Foundation carried out a strategic refocus in 2020, shaping the Blueprint for Impact framework that explicitly centers racial equity and inclusion as critical to everything they do. Alesha Washington, President & CEO, joined the Foundation in May 2022 and is guiding the Foundation towards honing its strategic focus and community impact. In March 2024, Seattle Foundation’s Board approved a three-year strategic plan focused on near-term opportunities to deepen impact and a roadmap to financial sustainability to evolve their business model.

Building on our core strategic grantmaking approach and guided by our recently adopted strategic plan, Seattle Foundation will work to use our voice and grantmaking activities to advance community priorities around the following three areas:  1) affordable housing financing, 2) transit-oriented development, and 3) equitable childcare access. These are cross-cutting issue areas, meaning that their work does not live in siloes and the work their grantees do in these areas is multi-dimensional. These are high-impact opportunities with near term milestones that both allow the organization to advance toward their vision and inspire stakeholders to join them.

By focusing on these high-priority issues, the Foundation can employ the unique skills and relationships that they hold in service of communities most impacted by racism and other inequities. As the Greater Seattle region changes and new policies are passed to maximize public resources, the specific near-term opportunities will evolve. The Foundation’s priorities will always be guided by their community grant partners proximate to the needs of community.

Average salary estimate

$192890 / YEARLY (est.)
min
max
$145577K
$240203K

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What You Should Know About Director, Controller, SM Diversity

Seattle Foundation is on the lookout for a passionate and strategic Director, Controller to help us shape the financial future of our organization! In this full-time position, you’ll take on an essential leadership role, overseeing everything from accounting and tax compliance to fund management and internal controls. Your expertise will be pivotal in ensuring our financial strategies align seamlessly with our mission to empower communities in the Seattle area. You'll work closely with the CFO, guiding our financial management while building solid relationships with internal teams, board members, and our valued donor community. Your leadership will be key as you inspire a culture of high performance within your team, foster continuous improvement, and establish robust accounting practices. Day-to-day, you’ll assess our accounting operations, implement new financial policies, and manage our relationships with external auditors and financial institutions. With a commitment to diversity, equity, and inclusion, you'll play a crucial role in helping Seattle Foundation reach its goals outlined in our transformative strategic plan. In addition to being a talented financial leader with at least 10 years of accounting experience, your role will include mentoring our Assistant Controller and Finance Operations Manager, ensuring our processes remain compliant with GAAP and other regulations. All this while enjoying a fantastic benefits package, including generous PTO and wellness benefits. Join us in making a difference in the Seattle community as we strive for capacity and reach our vision of shared prosperity and justice for all!

Frequently Asked Questions (FAQs) for Director, Controller Role at SM Diversity
What qualifications are required for the Director, Controller position at Seattle Foundation?

To become the Director, Controller at Seattle Foundation, candidates should possess a CPA certification or equivalent experience along with a Bachelor's degree in accounting, business administration, finance, or a similar field. Additionally, a minimum of 10 years of direct accounting and financial management experience is required, with at least 5 years in people management, building and leading high-performing teams. A deep commitment to the Seattle community, particularly around racial equity and economic opportunity, is also highly desirable.

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What are the key responsibilities of the Director, Controller at Seattle Foundation?

As the Director, Controller at Seattle Foundation, your responsibilities include overseeing all accounting operations and fund management, ensuring compliance with GAAP and all applicable financial laws. You will lead the accounting team in maintaining high performance, develop accounting policies, manage relationships with external auditors, and advise on complex financial transactions. Ultimately, you'll play a key role in shaping the organization's financial health and sustainability.

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What benefits does Seattle Foundation offer for the Director, Controller role?

Seattle Foundation offers an attractive benefits package for the Director, Controller position, which includes 100% employer-paid medical, dental, vision, life insurance, and long-term disability coverage. Employees enjoy 3 weeks of vacation, 2 weeks of sick leave, wellness days, and numerous holidays. Other benefits include a generous 403(b) retirement plan with matching contributions, flexible spending plans, and stipends for remote work and professional development, ensuring a well-rounded work-life balance.

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How does the Director, Controller contribute to Seattle Foundation's mission?

The Director, Controller is pivotal to Seattle Foundation's mission as they ensure the financial strategies align with the Foundation's vision of racial equity and justice. By overseeing financial reporting and compliance, managing resources effectively, and mentoring a high-performing team, the Director contributes to the organization's overall health and long-term sustainability. Your role supports the Foundation's strategic focus on community impact in areas like affordable housing and equitable childcare, reinforcing the commitment to shared prosperity.

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What is the work culture like for the Director, Controller at Seattle Foundation?

Seattle Foundation foster a culture focused on high performance, continuous improvement, and collaboration. As the Director, Controller, you'll be encouraged to build strong relationships across teams and foster an inclusive environment, prioritizing shared learning and excellence. The Foundation also values work-life balance through its hybrid work policy, ensuring employees have the flexibility to thrive both personally and professionally in a supportive atmosphere.

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Common Interview Questions for Director, Controller
Can you describe your experience in financial management as it relates to the Director, Controller position?

When answering this question, provide specific examples from your previous roles that illustrate your expertise in managing finances. Discuss the scope of your responsibilities, such as overseeing audits, implementing new financial policies, or leading a team in achieving financial goals. Highlight any successful initiates you've led that improved efficiency and compliance in financial operations.

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How do you ensure compliance with GAAP and other regulatory requirements?

In response, outline your approach to compliance management, including how you stay updated on regulatory changes. Discuss your track record of establishing internal controls, conducting regular audits, and leading teams in adhering to financial policies. If possible, mention any tools or software you've used to support compliance efforts.

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What leadership style do you embrace, and how do you motivate your finance team?

When addressing this question, share your leadership philosophy and specific examples illustrating how you foster a high-performing team culture. Discuss techniques you use to motivate and develop team members, such as mentorship, providing development opportunities, and cultivating open communication. Highlight instances where your leadership resulted in improved performance or team cohesion.

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How do you handle complex financial transactions and provide guidance on them?

Explain your process for assessing complex financial transactions, including how you analyze their implications and determine the best course of action. Discuss your collaborative approach to involving relevant stakeholders and ensuring decisions align with organizational goals. Providing an example of a specific complex transaction you've navigated successfully can enhance your answer.

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Describe a time you implemented a significant process improvement in accounting operations.

In your response, tell the story of a particular challenge you faced in accounting operations and what steps you took to initiate process improvements. Highlight the tools or methodologies you used and the results achieved, such as enhanced efficiency or reduced errors. This shows your proactive and strategic approach to financial management.

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What experience do you have in managing external auditors and consultants?

Discuss any relevant experience you have working with external auditors and financial consultants. Describe how you have built relationships with these external partners, facilitated audits, and implemented their recommendations for improvement. Emphasize your communication skills and your ability to ensure audit processes run smoothly.

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Can you provide an example of how you've contributed to advancing racial equity in your previous roles?

In responding to this question, highlight specific initiatives or projects you've led that directly align with advancing racial equity. Discuss how you measured the impact of these efforts and the lessons learned. This demonstrates your alignment with Seattle Foundation's commitment to equity and social justice.

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How would you approach financial reporting for stakeholders like the Board of Trustees?

Talk about your process for preparing and presenting financial reports for key stakeholders. Emphasize the importance of clarity, accuracy, and tailored communication strategies based on the audience. Provide any examples that show your ability to distill complex information into digestible insights for decision-makers.

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What tools or software are you proficient in, and how have you used them to improve efficiency?

Mention specific accounting software you're proficient in and give examples of how you've used these tools to streamline processes, enhance accuracy, or analyze financial data. This shows your technical competency and ability to leverage technology for operational improvements.

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How do you prioritize multiple tasks and ensure deadlines are met in a finance role?

Explain your approach to task prioritization and time management in your finance work. Discuss any tools or strategies you use to keep track of responsibilities and deadlines. Providing examples of how you've managed competing priorities in the past can showcase your organizational skills.

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SM Diversity - a certified Minority Business Enterprise (MBE), is a full service consulting firm specializing in staffing and recruiting through a strong foundation in Diversity, Equity and Inclusion. Established in Seattle in 2014, the company wa...

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Full-time, hybrid
DATE POSTED
December 8, 2024

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