Michelson Philanthropies is a unique network of nonprofit foundations linked by a powerful vision to achieve measurable, positive impact in our community, state, nation, and world. Our team of curious, creative, energetic and mission-driven individuals are focused in four areas: animal welfare, education and equity, intellectual property, and medical research. We take a multifaceted approach to tackle challenges, including catalytic grantmaking, operating programs, impact investing, and energetic advocacy.
With generous annual support from co-chairs Alya and Gary Michelson, Michelson Philanthropies is a well-funded organization that takes pride in bringing together great minds from diverse backgrounds to foster sustainable, scalable, replicable solutions to massive problems. Our culture and work environment sets us apart from traditional nonprofits and inspires our talented team to create innovative ideas and solutions to complex programs and initiatives. To learn more about Michelson Philanthropies visit https://www.michelsonphilanthropies.org/.
The Controller position will report to the COO and is responsible for overseeing the organization’s financial and accounting activities, reporting, systems and team, for a 501(c)(3) nonprofit whose financial resources and flows comprise a mix of business-to-business earned revenue and philanthropic sources.
Overview of Role
As the Controller, you bring strong leadership talents toward the achievement of all financial and strategic goals for our philanthropies. As a member of the leadership team, you will work alongside other leaders who bring the same passion to advancing the long-standing legacy we’ve established here over the last 25 years and launch into new journeys along the way.
The Controller will be responsible for performing the below tasks. While these are the core duties for this role, the Controller is not limited to only performing what is captured here; we think growth is good. You should too!
- Develop and initiate systems, policies, and procedures for transacting financial matters, regulatory compliance and mandates including finance-related forms, informational listings, how-to guides, etc.
- Direct and manage accounting operations/activities ensuring that the financial system is accurate, efficient, and in accordance with professional accounting practices and governmental regulations.
- Provide leadership and assistance to small staff in daily operations and their continued development.
- Create and maintain an internal control framework, constantly seeking ways to maximize and establish process efficiency.
- Manage the annual external audit of the financial statements and internal controls based on agreed upon procedures.
- Assist in the preparation of monthly financials, annual budgets, and strategic plans for over 20 departments.
- Work with external tax preparers to complete our organizations informational and UBTI filings (990-PF, 990-T, CA 199, CA 109), as well as state filings for 4 LLCs.
- Work with external tax preparers to complete a grantee’s informational and UBTI filings (990-PF and CA 199).
- Monitor and manage balances for multiple bank accounts.
- Manage or perform ad hoc projects, such as optimizing NetSuite, implementing new software, customizing reports, and streamlining processes
- Track the progress of grants paid in installments to ensure compliance with grant agreements payment timing, amounts, etc.
- Review and present quarterly variance explanations and rest-of-year forecasts to upper management.
- Create and present monthly financial summaries and annual budget summaries to upper management.
- Prepare financial analyses and recommendations, especially for revenue-generating programs.
- Maximize the use and efficiency of NetSuite in the day to day operations of the Foundation.
- Oversee the accounting for a grantee (payables, deposits, bank recs, financials, etc.).
- Manage internal and external requests for financial data, reports, analyses, etc.
- Prepare budgets, forecasts, and variance explanations for 4 departments.
- Forecast revenues, expenditures, and year-end balance.
- Ensure compliance with US GAAP and local, state, and federal reporting requirements.
Successful candidates for this role will have a mix of the below experience, education, and skills. We are flexible in considering your background but want to ensure that you have the tools to thrive! Please review and make sure that your skillset aligns with:
- Bachelor’s degree in Finance, MBA or relevant advanced degree strongly preferred. CPA desired. Or, an equivalent combination of experience and education that provides the necessary knowledge, skills, and abilities to perform the essential functions of this position
- 10 years of managerial experience at both the strategic and tactical level in financial management in nonprofit and for-profit to include successful management of:
- Reporting systems to share financial information with appropriate staff.
- Monitoring and control of the overall aspects of budget development.
- Reporting key metrics on organizational performance.
- Audit and government reporting.
- Provides leadership with financial reports and preparing reports for and presenting to leadership on all fiscal matters.
- Advance knowledge of NetSuite or similar ERP system.
- Advance skills in Microsoft and Google products, database, paperless charting system, and project management.
- Demonstrated experience in financial planning and analysis.
- Demonstrated success developing and monitoring systems to manage both operational and programmatic work that involves high levels of collaboration.
- Outstanding knowledge and understanding of GAAP compliance.
- Multi-diverse business unit balance sheet management experience
- Demonstrate strong leadership skills including the ability to inspire, direct and elicit cooperation and very effective oral and written communications skills.
- Demonstrate skill in organizing, tracking and prioritizing multiple complex tasks and projects.
- Have project management skills and experience, including working with teams to identify needs and develop processes to address those needs.
- Utilize analysis, experience, and judgment to make solid management recommendations and decisions.
- Adapt to changing needs by acquiring new skills and knowledge.
Michelson Philanthropies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees