Controller - Full Time; 7500-101-N

For over 125 years, Catholic Charities Brooklyn and Queens has been providing quality social services to the neighborhoods of Brooklyn and Queens, and currently offers 160-plus programs and services for children, youth, adults, seniors, and those struggling with mental illness.

POP Development is one of the largest providers of affordable housing in Brooklyn & Queens and housing development arm of Catholic Charities Brooklyn and Queens. POP Development transforms vacant lands and buildings into affordable housing. Through new construction and financial repositions of existing buildings, POP Development provides critical housing and supportive services to our most vulnerable populations. POP Development provides high quality housing that responds to the needs of low-income seniors, families and supportive populations. POP Development monitors trends and implements best practices including aging in place and sustainability measures to ensure our properties are prepared to meet the current needs and challenges. POP Management is an in-house property management company of Catholic Charities Brooklyn & Queens. POP Management is the largest provider of affordable housing in Brooklyn & Queens. POP Management provides affordable housing to low-income seniors and to those with documented history of homelessness, substance abuse, and chronic mental illness. The objective of POP Management is to provide high quality housing that responds to the needs of low-income seniors and supportive populations.

STATEMENT OF THE JOB:

Under the general supervision of the Chief Financial Officer, the Controller will be responsible to direct accounting functions and operations of POP Management and POP Development. The Controller will be in charge to produce periodic financial reports, maintaining an adequate system of accounting records, and to ensure comprehensive set of controls designed to mitigate the risk.

The Controller will safeguard the accuracy of the company’s reported financial results as well as compliance of financial reports with generally accepted accounting principles.

Strategic Planning – Fiscal Operations

• Establish goals and objectives to achieve accountability to maximize performance.
• Support CCBQ fiscal group in strategic planning of fiscal operations.
• Evaluate existing processes.
• Recommend/Implement changes to achieve efficiency.
• Identifying necessary technology enhancements for efficiency and financial transparency.

Management

• Lead all day-to-day finance operations and supervise a team of staff, including the design of an organizational structure adequate for achieving department’s goals and objectives:
• Accounts Receivable, Accounts Payable, Corporate Accounting, and Cash Management functions.
• Manage Portfolio of Affordable Housing:
•  35 companies with separate annual audits with various governing regulations and ownership structure.
•  60 tax returns – C-Corps (for profit and not-for profit), partnerships and limited liability companies.
•  60 companies’ annual consolidated audit.

• Collaborate on strategic decisions on financial management practices, year-end cash flow analyses, refinancings and restructuring of individual housing projects
• Manage Development projects range from $5M to $250M per annum.
• Lead integration of new development projects into existing account infrastructure including construction and permanent phases.
• Advise on financial and organizational structures for new buildings and existing sustainability focused non-profit entity.
• Ensure that all reporting guidelines and deadlines are met.
• Work closely with program leaders and their staff.

• To Inform them about finance and accounting procedures.
• To explore, how the finance function can support program operations.

• Oversee all accounts, ledgers, and reporting systems ensuring compliance with various regulatory requirements.
• Participate with housing teams in the process of HUD budget rent increase.
• Oversee claim coordinator group for:

• Monthly Closings
• Rent Rolls
• Tenants’ Security Deposits.

• Evaluate various processed within the department for efficiency.
• Monitor employees’ performance.
• Train and develop employees. 

Transactions

• Review and post all transactions to the general ledger.
• Ensure all corporate allocations are processed in a timely manner.
• Ensure that periodic bank reconciliations are completed.
• Ensure that required debt payments are made on a timely basis.
• Maintain an orderly accounting filing system.
• Review reports prepared by accountants:

• Budgets for accuracy in reasonableness.
• Quarterly Financials prepared for the investors, management, and various boards.
• Quarterly Analytical Reports.
• Requests for withdrawals for capital work.

Reporting

• Ensure timely and complete issuance of financial statements.
• Manage the production of the annual budgets and forecasts.
• Calculate variances from the budget and report significant issues to management.
• Provide financial analyses as needed.

Compliance

• Coordinate the timely provision of information to external auditors for the annual audits.
• Coordinate calculation of debt levels and compliance with debt covenants.
• Comply with local, state, and federal government reporting requirements and tax filings.
• Perform other duties as assigned.

QUALIFICATIONS:

• Bachelor’s degree in accounting is required.
• Certified Public Accountant License is a plus (Status may be expired or active however the License cannot be listed as Suspended, Rescinded, or Revoked).
• Experience in the Affordable Housing Industry preferred.
• At least seven years of supervisory experience.
• 10 years of experience, preferably in not-for-profit organization, or a combination of education and work experience.

• Strong organizational, interpersonal, analytical, and communication skills; oral and written, required.

• Able to travel throughout the five boroughs as needed.

BENEFITS:

We offer competitive salary and excellent benefits including:

• Generous time off (Vacation/ Personal Days/ Sick Days/ Paid Holidays annually)
• Medical,
• Dental
• Vision
• Retirement Savings with Agency Match
• Transit
• Flexible Spending Account
• Life insurance
• Public Loan Forgiveness Qualified Employer
• Training Series and other additional voluntary benefits.

For more information on our organization, please visit our website at:

https://www.ccbq.org/