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Job Information
Vermont Community Foundation Controller in Burlington, Vermont
This job was posted by https://www.vermontjoblink.com : For more information, please see: https://www.vermontjoblink.com/jobs/1169625
Job Title: Controller
Department: Finance
Reports to: Vice President for Finance
Updated: July 2024
Salary Range: \$100,000 - \$120,000 salaried exempt
Working at the Vermont Community Foundation
For more than 35 years, the Vermont Community Foundation has served Vermonters and their families
through philanthropy and building stronger communities. Our missionBetter Together: inspiring giving and
bringing together people and resources to make a difference in Vermontprovides the bedrock for our
workplace culture. Our employees are passionate about making a difference every day and feel the urgency to
work hard in service to strengthening and serving all Vermont communities. We approach our work with
curiosity, respect, hard work, and integrity and believe strongly that we will not accomplish our goals unless
we commit to equity and diversity. When you join our team, your work will matter.
Position Summary:
The Controller is a key role in the Finance Department directly responsible for operating and maintaining the
financial books of record of the VCF. By working closely with the Vice President for Finance, the Controller is
responsible for developing and maintaining accurate and timely financial records and reporting in compliance
with GAAP. This includes recording financial information in the accounting system for various funds, payroll,
accounts payable, and revenue recognition in the operating funds. The Controller organizes and leads the
preparation and oversight of the annual audit and tax return.
This position works closely with leadership and other department managers to develop the annual budget
and provide regular reporting on performance against budget. The Controller develops reports and analyses
to support the financial reporting needs of the foundation.
As a leadership position in the VCF, the Controller role requires critical thinking skills and a growth mindset.
This position sits on the VCFs leadership team, manages members of the accounting team, and is a strong role
model and ambassador for VCFs mission and core values.
Responsibilities:
Develop, implement, and oversee accounting processes that comply with GAAP and ensure
financial controls are in place and followed
Oversee the accounting system including revenue recognition, recording cash receipts and
disbursements, payroll, fixed assets, accounts payable, and fund accounting (working closely with
Treasury and Investments)
Work with department managers in the formulation, forecasting, and maintenance of the VCFs
annual budget
Organize and lead the Foundations annual audit, filing of the 990, and other tax filings
Supervise the Accounting team, comprising 2-3 others
Support the financial reporting and analysis needs of the Foundation
Advise on accounting problems and assist other finance employees with work as necessary,
including oversight of accounts payable and review of payroll
Communicate with investment consultant and custodian regarding investment transfers,
purchases, and sales
Perform quarterly fund maintenance to assess reasonableness of funds (combing)
Provide financial analysis, with emphasis on capital investments, pricing decisions, and contract
negotiations
Work with external auditors and provide needed information for the annual audit
Maintenance and reconciliation of subsidiary modules (accounts payable, gifts, grants, FACTS, and
pledges) to the general ledger
Oversight and financial preparation of fund statements, including supporting organizations
Maintenance and calculation of spending policy, quarterly VCF supporting fees, and annual
Philanthropic Leadership Fund transfer
Recommend and develop policie s, procedures, and systems to ensure accurate fund accounting
Stay abreast of trends and regulations in the field to ensure compliance and use of best practices
Essential Skills and Experience:
Bachelors degree in accounting or finance-related
Experience in public accounting (municipal and/or fund accounting experience)
Certified Public Accountant (CPA) licensed
Knowledgeable of Sage Intacct or other finance software platforms a plus
Excellent attention to detail
Superb analytical and problem-solving skills
Critical thinking skills and interest in process improvement
Knowledge of fund accounting a plus, preferably in a nonprofit or community foundation setting
Mastery of computerized spreadsheets and integrated accounting and database software r