What are the responsibilities and job description for the Controller position at CHATTANOOGA GOODWILL INDUSTRIES INC?
Who is Goodwill Industries of the Greater Chattanooga Area?
Since 1923, Goodwill Industries of the Greater Chattanooga Area helps people transform potential into opportunity! With 17 store locations and a service territory of 23 counties in two states, our timeless social enterprise is a win, win, win for all.
- Individuals with barriers to employment get help securing meaningful jobs.
- Donors see a social return for their donations - helping people secure work and keeping unwanted items out of landfills.
- Shoppers get great prices on the goods they want, and in the process, give a hand up to people in their community.
How do we accomplish our mission? We provide education and career services as well as on the job training to persons with barriers to employment such as multi-generational poverty, history of incarceration, limited education, and no work experience.
Why should you join Chattanooga Goodwill?
- Friendly work environment with co-workers who appreciate working with each other.
- Employee discount.
- 401K and Roth retirement plans with matching contribution after eligibility.
- Skills and development opportunities.
- For Full-time employees:
- Dental and vision insurance - Company Paid for employee.
- Basic life insurance – 1.5 times salary, Company Paid for employee.
- Primary Care through TextCare- Company Paid for household.
- Voluntary Benefits such as Term life Insurance, Disability Insurances, and ID Theft
- Medical Insurance and Health Savings Account
- Generous Paid Time Off (PTO) program; Potential of up to three weeks during the first year
What will a Controller do?
- Through words and actions support Chattanooga Goodwill’s Mission, Vision, and Values; furthermore, actions and decisions will align with organizational guiding principles.
- Maintain agency, employee, and participants confidentiality. Violation of confidentiality may be cause for termination.
- Punctual and dependable attendance.
- Financial Management:
- Oversee the day-to-day financial operations of the organization, including accounts payable, accounts receivable, payroll, and general ledger.
- Develop and implement financial policies and procedures to ensure accurate and timely recording of financial transactions.
- Monitor cash flow, manage budgeting and forecasting processes, and provide regular financial reports to the CFO and other stakeholders.
- Accounting and Reporting:
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements in accordance with generally accepted accounting principles (GAAP) and nonprofit accounting standards.
- Manage the year-end audit process, including coordination with external auditors and preparation of audit schedules.
- Maintain complete and accurate financial records, ensuring compliance with all applicable regulations and reporting requirements.
- Compliance and Internal Controls:
- Establish and maintain strong internal controls to safeguard the organization's assets and ensure compliance with financial regulations, policies, and procedures.
- Monitor and implement changes to accounting standards and regulations that impact nonprofit organizations.
- Collaborate with the VP of Finance to develop and maintain financial policies and procedures, ensuring adherence across the organization.
- Strategic Financial Planning and Analysis:
- Support the VP of Finance in long-term financial planning, forecasting, and strategic decision-making.
- Conduct financial analysis and modeling to assess the financial feasibility of new initiatives, projects, and grant proposals.
- Assist in the development and monitoring of organizational budgets, ensuring alignment with strategic objectives and programmatic goals.
- Provide financial insights and recommendations to the VP of Finance and executive leadership to drive organizational growth and sustainability.
- Grants and Contracts:
- Oversee financial management of grants and contracts, including budgeting, reporting, and compliance. Collaborate with Workforce Development Staff to ensure proper financial tracking and report for grant-funded activities.
- Team Leadership and Development:
- Provide leadership and guidance to the accounting team, fostering a collaborative and high-performance work environment.
- Supervise, train, and mentor accounting staff, ensuring their professional development and growth.
- Conduct performance evaluations, set goals, and provide feedback to enhance individual and team performance.
- Promote a culture of continuous improvement, implementing efficient financial processes and leveraging technology to streamline operations.
- Perform other duties as assigned.
Key Knowledge and Experience:
- Bachelor's degree in accounting, finance, or a related field. A master's degree or CPA certification is highly preferred.
- Extensive experience (minimum of 5 years) in nonprofit financial management, with progressive responsibility in financial leadership roles.
- Excellent knowledge of GAAP and nonprofit accounting standards.
- Deep understanding of nonprofit financial operations, including revenue recognition, expense allocation, fund accounting, and financial statement analysis.
- Knowledge of nonprofit-specific accounting software and tools, as well as proficiency in Microsoft Office Suite (particularly Excel).
- Familiarity with nonprofit-specific regulations, such as Form 990 filings, IRS regulations for tax-exempt organizations, and compliance with grant requirements.
- Experience in managing financial aspects of government contracts, grants, and donor-funded programs.
- Familiarity with financial management best practices and trends in the nonprofit sector.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide meaningful insights and recommendations.
- Ability to adapt to a fast-paced and evolving nonprofit environment, demonstrating flexibility, resilience, and a commitment to continuous improvement.
What does it mean to be a member of the Chattanooga Goodwill organization?
- You’ll have the satisfaction of knowing that your work is making a difference in your community. In addition to strengthening our community and families by promoting independence and dignity for the people who need it most, you’ll be helping us care for the earth. Last year our Goodwill diverted more than 8 million pounds of material from local landfills through sales and salvage.
- Our vision is a community where every person, regardless of ability, situation, or background, can achieve their greatest potential.
- Revenue from our retail stores help fund our workforce development and community services programs, which means our employees are direct contributors to changing lives!
How do we do this?
- We value and respect the inherent dignity and worth of people.
- We value truth, set high standards, and keep our promises.
- Continuous Improvement.
- Teamwork.
- We respect open and honest communication.
- We value a culture of innovation, learning, and development through social enterprise.
- We honor the resources entrusted to us with responsibility and care.
We invite you to apply to become a part of our friendly, hardworking, and caring group of dedicated employees.
- We are an equal opportunity employer, and all qualified applicants and internal transfers will receive consideration without regard to race (including hairstyle/texture), color, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law.
Salary : $80,000 - $85,000