A healthy community begins at home. REACH provides quality affordable housing and opportunities for individuals, families, and communities to thrive.

Job Description

Title: Controller Department: Finance

FLSA Status: Exempt Reports to: CFO

Salary Range: $91,000 - $129,792 Effective: June 14, 2023

REACH is an equal opportunity employer that strives to create a diverse workforce and an inclusive culture.

REACH believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the employee nor the organization to just the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

All REACH staff share a commitment to anti-racism; the identification and elimination of racism by actively changing oppressive systems, structures, policies, and attitudes so that historic and future harm can be eliminated for communities of color.

Position Summary:

The Controller has direct responsibility for the financial accounting of REACH across the multiple lines of business including property and asset management, real estate development and non-profit accounting. The Controller collaborates with the CFO in enhancing and developing systems to address current and future needs of the organization, monitoring business plan results, and implementing systems for effective and responsible financial management, business line analysis and projections. The responsibilities will be carried out in a manner that meets financial goals and mitigates financial risk to the organization.

Essential Functions/Major Responsibilities:

• Ensure all company financials are issued on time and according to GAAP on an interim and annual basis.
• Manage the property fiscal workflow.

• Prepare management, committee, board and external interim financial reports to lenders, housing development investors, governmental agencies, and philanthropic partners.

• Oversee organizational budgeting, cash management, audit, and accounting activities.

• Coordinate with the CFO, CEO, and Directors to plan the budget process and prepare annual budget.

• Provide support to other departments in developing and implementing the annual budget.
• Administer the Board approved budget and monitor variances from budget assumptions.

• Direct, and delegate to Accounting Manager(s) to prepare and issue the annual financial audit, ensuring that all deadlines are met.

• Responsible for accounting workflow for selected properties when needed.
• Responsible for some Housing Development Accounting or Financials tasks.

• Administer, monitor, and recommend improvements to internal financial policies and procedures to maintain adequate controls and services and to execute or report on any transactions or information request. This includes training staff on Accounting Policies and procedures.

• Manage all aspects of the monthly financial accounting close process including reconciliations, reporting and recommendations for reforecasting.

• Collaborate with CFO to prepare monthly financial package for presentation to Finance Committee and Board of Directors.

• Prepare departmental financial statements to department heads.
• Report cash position and cash reserves to the Finance Committee and Board of Directors monthly.
• Attend Finance, Housing Development, and Asset Management/Property Management Committee meetings.
• Supervise two Accounting Managers who manage a/p, payroll, benefits accounting, Cash Receipts, Housing Development Accounting functions, corporate audit and provide guidance. Also oversee Property Accounting Staff.
• Recruit, train and develop professional accounting staff.
• Work closely with Regional Portfolio Managers and Assistant Portfolio Managers on issues related to property financial statements property transactions.
• Attend departmental meetings such as Property Management, Asset Management, etc.

• Ability to practice cultural humility when interacting with co-workers and clients of diverse ethnic, religious, political, and cultural backgrounds and sexual or gender identities, treating everyone with respect and dignity.

• REACH employees are expected and required to behave in a professional and courteous manner in doing REACH business and dealing with other staff, residents, and all contacts inside and outside the organization. Profanity, derogatory and abusive language is specifically forbidden.

Leadership

dominant culture, and structural racism both inside and outside the organization.

• Listens and learns from other experiences to identify organizational power differentials and change them by exploring non-dominant strategies and leadership models.
• Uses a vetting process to identify vendors, partners and consultants that share a commitment to race equity and reflect organizational values.
• Sets and communicates goals around diversity, equity, and inclusion across all programming.
• Supports a long-term commitment to policy change based on racial disparities seen both inside and outside of the organization.
• Recognizes REACH residents as stakeholders, leaders, and assets to the work.

Knowledge, Skills, and Abilities:

• Superior financial management, budgeting, and reporting skills.
• Strong leadership, analytical, and organizational skills.
• Knowledge of nonprofit organizations and A-133 compliance.

• Use of a collaborative and facilitative approach and the flexibility to work with a broad range of cultures, personalities, and work styles in a small office environment.

• Belief that no job/task is too small or too large to accomplish the goals of the organization.

• Strongly self-motivated and able to follow through in completing high-quality, detailed work with minimal supervision.

• Ability to consolidate and eliminate related party transactions as a function of the financial audit.

• Capacity to prioritize and simultaneously manage multiple tasks to meet internal and external deadlines.
• Demonstrated ability to prepare clear, accurate, well-organized financial reports and to communicate verbally in an effective and concise manner.
• Proficient in Microsoft Office, accounting software programs, property management software programs and willingness to expand skill base.

Yardi super user proficiency.

Scope and Accountability:

• Work under established guidelines and controls, including Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley and other local and national government regulations, including transportation, environmental, Financial Accounting Standards Board (FASB), REACH’s Policies and Procedures, and REACH’s Code of Business Ethics.
• Perform duties independently, but guidance and direction are available for unusual or critical situations.
• Contribute to the strategic goals of the organization by seeking out ways to implement and manage change within the fiscal department while collaborating with other departments to promote the same.

• Position involves a moderate degree of complexity in dealing with recurring work situations.

Supervisory Responsibility:

Education and/or Experience:

• Bachelor’s degree in accounting or finance required.
• CPA designation preferred.
• 5  years Controller level with Affordable Housing experience required.

Work Environment and Physical Demands:

The work environment and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand; walk; use hands and reach with hands and arms; and readily and effectively communicate. The employee may lift and/or move up to 25 pounds.

The duties of the job are primarily performed in an office environment. There is some exposure to noise in the work environment, which is usually mild to moderate.

Vision abilities required by this job include the ability to effectively see within an office environment, which may include long term computer exposure, and to adjust focus accordingly.

• May require overtime to meet deadlines.
• May require evening and/or weekend meetings.
• May require the need for frequent shifting of priorities and deadlines.
• Work levels tend to fluctuate with deadlines of monthly financial statements and the audit period.

• Must have a valid driver’s license and valid liability insurance.
• Requires use of personal vehicle.

Disclaimer Language:

The above statements are intended to describe the general nature and level of work being performed by people in this role. They are not intended to be a complete list of all responsibilities, duties and skills required of staff in this role. All employees may be required to perform duties outside of their normal responsibilities from time-to-time, as needed. The job requirements are subject to change to reasonably accommodate qualified disabled individuals. REACH may modify or interpret this job description.

This job description is not an employment contract, implied or otherwise. REACH is an at-will employer; you retain the right to resign, with or without notice or cause. REACH reserves the same right in respect to termination.