Assistant Controller

March 4

⚔️ Virginia – Remote

Although this job is listed in Virginia, this company may be open to hiring remote in other states.

💵 $124.1k - $165.7k / year

⏰ Full Time

🟠 Senior

🔴 Lead

⛔️ Financial Controller

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Capital Impact Partners

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Capital Impact Partners is a mission-driven community development financial institution that provides flexible and affordable capital to nonprofits, entrepreneurs, and organizations in underserved markets. The company focuses on building healthy, inclusive, and equitable communities by offering a range of financial services, including lending programs, impact investments, and capacity-building initiatives. Capital Impact Partners aims to support local leaders and entrepreneurs in creating jobs and economic opportunities, reducing food insecurity, improving community health, and expanding employee ownership. They are part of the Momentus Capital family and take a place-based approach to investing in communities, co-creating financial services to foster self-determination and equity.

racial justice • social justice • equity • CDFI • capacity building

51 - 200 employees

Founded 1982

💸 Finance

🌍 Social Impact

🏠 Real Estate

📋 Description

•About the Organization: The Momentus Capital branded family of organizations - which includes Capital Impact Partners, CDC Small Business Finance, and Momentus Securities - are transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. •We are working to reinvent traditional financial systems and advance locally-led solutions that create economic mobility and generational wealth. •Through our continuum of financial, knowledge, and social capital, we offer a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions. •Our holistic and streamlined approach offers comprehensive solutions for small business entrepreneurs, real estate developers, community-based organizations, and local leaders at every stage of growth, from inception to expansion. •Position Summary: The Assistant Controller reports directly to the Controller and is responsible for managing the overall execution of various accounting functions related to Capital Impact Partners (CIP) and its subsidiaries; primarily Grant Accounting and Reporting (CIP and CDC Small Business Finance), Accounts Payable and Journal Entry & Reconciliation Review. •The Assistant Controller should have a good understanding of the accounting issues facing the organization and serve as a guide/resource for the department as well as other internal groups of CIP. This position is supported by a highly skilled technical staff, including two Senior Staff Accountants, an AP Manager and two AP Specialists. •Essential Responsibilities include Grant Accounting and Reporting, Accounts Payable Daily and Monthly Grant responsibilities, Quarterly and Annual Grant Reporting, Journal Entries, Reconciliations, Audit, Systems and Controls, and Strategy, Policy, Advisory and Advocacy.

🎯 Requirements

•Minimum of 8 years of experience of increasing responsibility in a manager position within the financial services or nonprofit industries. •Minimum of 8 years of experience with grant accounting, reporting and management, required. •Minimum of 5 years of experience with Accounts payable review and oversight. •Bachelor’s Degree in Accounting or other related field •Certified Public Accountant (CPA), required •Grants Management certification, desired •Strategic thinker with excellent interpersonal skills and high emotional intelligence. •Experience with Grant accounting and reporting, specifically understanding and implementation of ASU 2018-08. •Experience and familiarity with structured finance and managing on-balance and off-balance sheet lending programs. •An overall grasp of issues inherent in a financial institution’s accounting program, to be able to think creatively and assertively on such matters, and to manage a team in this discipline. •Demonstrated ability to think through operational implications and efficiencies of business and new business ideas. •Familiarity with using and implementing new business technologies and opportunities to use business technology innovations to build and grow the business. •Manage the financial function of the organization and communicate progress or issues to the Controller and CFO. •Familiarity with nonprofit community facilities, housing, health care, senior housing and care, community development, and/or charter schools is helpful; but not required. •Although not required, experience with CDFIs and non-profit accounting and tax related matters is helpful. •Demonstrated capacity for independent judgment and sound decision making in a diverse and complex organizational environment. •Collaborative, facilitative leader, with drive for decisive results. •Internal and external customer service mentality. •Ability to foster trust, credibility, and cohesive teamwork among persons of diverse talents, backgrounds, and perspectives. •Keen, analytical problem solver. •Thrives in a fast-paced working environment. •Highest level of integrity, honesty, and respect for others in both business and personal relationships. •Sense of urgency. •Strong communication skills. •Positive and energetic. •Wholeheartedly embraces the mission of the organization. •Comfortable in a collaborative, consensus-based, rather than a culture of working in a 'silo'.

🏖️ Benefits

•The salary range for this position is $124,147 - $165,736 and is eligible for an annual incentive. •This role is eligible to work remote. •All employees must be legally authorized to work in the United States. The Company will not sponsor applicants for work visas. •EEO: Momentus Capital is an equal opportunity employer and is fully committed to providing employment for qualified individuals, free from discrimination.