The Latin American Youth Center (LAYC) is a nationally recognized youth serving organization in Washington, DC, and Montgomery and Prince George’s Counties in Maryland. We serve 5,000 youth and their families annually with intervention programs and opportunities in education, workforce readiness, housing, mental health services, arts, and healthy recreation. Our mission is to empower a diverse population of youth to achieve a successful transition to adulthood, through multi-cultural, comprehensive, and innovative programs that address youths’ social, academic, and career needs.
Reporting to the Chief Financial and Administrative Officer (CFAO), the Controller will be responsible for oversight of all finance, accounting and reporting activities. As the number-two executive to the CFAO, the Controller will beinvolved in supporting presentations to the board finance and audit committee and will work closely withthe senior leadership team.
The Controller will lead all day-to-day finance operations of a budget of $17 million and supervise a team of four staff members including functional responsibility over accounting, accounts payable, accounts receivable and payroll. The Senior Accountant will ensure that LAYC has the systems and procedures in place to support effective program implementation and conduct flawless audits. The Controller is also responsible for ensuring compliance with the Uniform Guidance for all federal awards.
The Controller will work closely with program leaders and their staffs, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support program operations. The Controller will also represent LAYC at agency meetings throughout our service area.
In addition, s/he will partner with the CFAO, senior leadership, and the human resources (HR) and information technology (IT) staff to enhance and better integrate finance, HR, and IT functions.
- Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
- Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.
- Coordinate all audit activity, including A-133 and statutory examinations
- Ensure that a documented system of accounting policies and procedures is in place and operating effectively, which conforms to the Uniform Grant Guidance
- Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of LAYC’s financial status
- Assist LAYC’s leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
- Support the CFAO in engaging the board’s audit and finance committees around issues and trends in financial operating models and delivery.
- Oversee all financial, project/program and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government, corporate, and foundation grants;
- Manage organizational cash flow forecasting by working in partnership with the CFAO, CEO and COO; continuously collaborate with senior leadership to assess the financial efficacy of program operations and establish finance and administrative systems to support program
- Manage and track the performance of invested assets in keeping with policies and investment
- Proficiency with Intacct a plus but not required
- Leverage strengths of the current finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals;
- Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
This is an extraordinary opportunity for a mature leader with seven to ten years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting and reporting financial information to executive teams and external stakeholders. S/he will ideally have experience in a complex nonprofit that has multiple programs.
Other Qualifications Include:
- Personal qualities of integrity, credibility, and unwavering commitment to LAYC’s mission; a proactive, hands-on strategic thinker who will own, in partnership with the CFAO, the responsibility for finance.
- Business, Finance, or Accounting degree mandatory, CPA strongly preferred.
- Minimum 8-10 years of progressive increase in responsibility in supervisory and accounting management overseeing business operations and driving significant results in a high-performance nonprofit or social enterprise.
- Familiar with nonprofit finance and accounting regulations.
- Experience working with 501(c) (3) organizations is a strong plus.
- Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively interface with senior management, LAYC’s Board of Directors, and staff.
- Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
- A track record in grants management as it relates to compliance and reporting of government, corporate and foundation grants is essential
- Commitment to recruiting, mentoring, training, and retaining a diverse team; the foresight and ability to delegate accordingly
- Keen analytic, organization and problem-solving skills which allows for strategic data interpretation versus simple reporting
- Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board or other outside partners
- Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers
- Proven ability to lead successful teams
- Workplace is fast paced
- Travel will be required including to the various LAYC sites in the DMV area.
- Work hours will vary depending on program schedules, project deadlines, and the needs of the organization.
This is largely a sedentary position that requires the ability to speak, hear, see, and lift small objects up to 10 lbs. May require the ability to travel locally and/or regionally.
The above statements are intended to describe the general nature and level of work being performed by the individual(s) assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. Management reserves the right to modify, add, or remove duties and to assign other duties as necessary. In addition, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
Please send cover letters and resumes to Humphrey@layc-dc.org