Financial Controller

Position Summary:

We are seeking an experienced Controller with a strong background in Governmental Accounting Standards Board (GASB) regulations to join our finance team. The Controller will oversee all financial reporting functions, manage accounting operations, and ensure compliance with applicable financial reporting standards, with a focus on GASB principles. The ideal candidate will have a deep understanding of governmental accounting practices, internal controls, and financial statement preparation.

Key Responsibilities:

Financial Reporting:

• Prepare and manage monthly, quarterly, and annual financial statements in accordance with GASB standards.
• Ensure accurate and timely preparation of financial reports for internal management, external auditors, and regulatory bodies.
• Ensure compliance with GASB pronouncements and relevant federal and state regulations.

Budgeting and Forecasting:

• Lead the development of annual budgets and financial forecasts.
• Monitor budget variances and provide recommendations for corrective actions.
• Assist with long-term financial planning and strategy development.

Accounting Operations:

• Oversee daily accounting functions, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets.
• Ensure proper internal controls and compliance with organizational policies and procedures.
• Review and approve journal entries, reconciliations, and account analysis.

Audit and Compliance:

• Coordinate and assist with annual external audits, ensuring that financial records are prepared and presented in accordance with GASB and other applicable regulations.
• Stay updated on changes to GASB standards and ensure the organization’s accounting practices remain compliant.
• Ensure compliance with all local, state, and federal regulations.

Team Leadership:

• Supervise and mentor the accounting team, providing guidance and development opportunities.
• Lead training initiatives to enhance the team's understanding of governmental accounting principles and standards.

Internal Controls and Risk Management:

• Develop and implement effective internal controls to safeguard the organization’s financial assets.
• Ensure compliance with relevant risk management standards and best practices.

Financial Analysis:

• Analyze financial data to provide insights into operational performance and make recommendations for improvement.
• Assist in decision-making by preparing reports that highlight key financial metrics, trends, and potential risks.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field (Master's preferred).
• CPA (Certified Public Accountant) or other relevant professional certifications preferred.
• Minimum of 5 years of experience in governmental accounting, with a focus on GASB standards.
• Proven experience in managing financial reporting, budgeting, and accounting functions.
• Strong understanding of governmental accounting principles, including GASB regulations and their application.
• Expertise in financial statement preparation, reconciliations, and audit processes.
• Excellent leadership, communication, and organizational skills.
• Proficiency in accounting software and Microsoft Excel (experience with [specific software] preferred).
• Ability to interpret complex financial data and present it to non-financial stakeholders.

Preferred Experience:

• Experience with [specific governmental entity type, e.g., state or local government, non-profit organization].
• Familiarity with federal and state compliance requirements for public entities.
• Advanced knowledge of GASB Statement