IT Controller jobs in Somerset, NJ

Description

Reports to - Chief Financial Officer

POSITION SUMMARY:

This position supports the work of the Y, a leading nonprofit committed to strengthening community through youth development, healthy living, social responsibility and help the organization grow and achieve overarching vision of strengthening community and advancing diversity, equity and inclusion. Manages accounting functions, including cash receipts, payroll and accounts payable. Administers approved accounting policies and procedures throughout the organization. Ensures preparation of complete and accurate monthly and annual financial statements in accordance with GAAP. Assists in the preparation of the operating budget.

ESSENTIAL FUNCTIONS:

· Maintain the general ledger, business and financial records of the Association in a timely, accurate manner.

· Develop and maintain the necessary system of financial accounting, record keeping and reporting for adequate control, accountability, legal, and tax and audit purposes.

· Oversee the monthly close process, including recurring and adjusting journal entries, allocations.

· Ensure that all financials are stated on an accrual basis.

· Serve as a resource person to program personnel in all matters relating to accounting and the monthly close.

· Reconcile all bank accounts on a monthly basis.

· Prepare monthly custody statements.

· Maintain Fixed Assets database.

· Assist CFO in the annual budget, quarterly forecast and annual audit processes.

· Upon Request of CFO, prepare financial analysis and reports to assist the Association in strategic planning, debt management, cost studies, etc.

· Perform special projects as needed upon request by CFO, and/or other senior.

YMCA COMPETENCIES (Multi-Team or Branch Leader):

Mission Advancement: Reinforces the Y’s values within the organization and the community. Effectively communicates the benefits and impact of the YMCAs efforts for all stakeholders. Implements effective

systems to develop volunteers at program, fundraising, and policy leadership levels. Secures resources and support for all philanthropic endeavors.

Collaboration: Develops strategies to ensure staff and volunteers reflect the community. Builds and nurtures strategic relationships to enhance support for the YMCA. Serves as a community leader building collaborations based on trust and credibility to advance YMCA mission and goals. Communicates for influence to attain buy-in and support of goals. Provides tools and resources for the development of others.

Operational Effectiveness: Integrates multiple thinking processes to make decisions. Involves members and community in the development of programs and activities. Ensures execution of plans. Institutes sound accounting procedures, investment policies and financial controls. Assigns clear accountability and ensures continuous improvement.

Personal Growth: Fosters a learning environment embracing diverse abilities and approaches. Creates a sense of urgency and positive tension to support change. Anticipates challenges that can sidetrack or derail growth and personal learning. Has the functional and technical knowledge and skills required to perform well; uses best practices and demonstrates up-to-date knowledge and skills in technology.

Requirements

QUALIFICATIONS:

· Bachelor’s Degree in Accounting, CPA or MBA preferred

· Minimum 10 Years professional experience in accounting, 5 years in a supervisory role

· Understanding of and experience in GAAP are required.

· Nonprofit experience preferred

· Knowledge of banks, banking systems and cash management.

· Knowledge of and expertise with computerized accounting systems.

· Ability to develop and use spreadsheets and standard business software systems.

· Detail oriented with the ability to provide accurate and timely information

· Excellent verbal and written communication skills