Controller

Position Overview

The Controller will oversee and manage general accounting, accounts payable, accounts receivable, and monthly/quarterly/annual close processes. You will manage general ledger accounting, cash management, account reconciliations, fixed assets and tax returns. You will oversee and administer all day-to-day treasury management activities. You will partner with the CFO and senior leadership to ensure timely and accurate delivery of monthly/quarterly/annual financials in compliance with US GAAP and in support of the organization’s multi-faceted compliance and investor reporting requirements, financial audits, and tax preparation.

We are seeking a candidate who is local to the Boston, MA area and comfortable working a hybrid schedule of three days of work in the office (Tuesday, Wednesday, Thursday) and two days of remote work (Monday & Friday). Candidates outside of the Boston area will be considered on a case-by-case basis.

Essential Duties and Responsibilities:

The essential duties and responsibilities of the Controller will include, but not be limited to, the following:

• Accounting:
  • Direct the monthly, quarterly and annual financial close processes.
  • Prepare standalone, consolidating and consolidated financial statements and deliver timely, accurate and relevant monthly, quarterly and annual management financial results with analysis and commentary to support multiple organizational reporting and compliance requirements.
  • Manage the Accounting team and oversee day-to-day transaction processing for loan funding and repayments, accounts payable, and all other general accounting matters.
  • Serve as the primary liaison with external financial auditors and lead all audit and tax filing preparations. Support preparation of Audit Committee materials with CFO and external financial auditors.
  • Manage all accounting activities related to New Markets Tax Credits transactions (processing loan origination, distribution of quarterly payments, unwinding of tax credits after compliance period ends).
  • Develop, document and implement internal policies and procedures for accounting, auditing, tax accounting, payments, loan funding, investments, cash management in support of overall organizational financial stewardship and financial compliance reporting.
  • Partner with CFO and senior line of business executives on the establishment, maintenance and reporting of loan loss reserves.
  • Maintain current knowledge of accounting standards and regulations affecting both the for-profit and non-profit organizations.
  • Promote an environment of continuous improvement through ongoing evaluation of business processes and their related workflows to ensure efficiency and effectiveness followed up with recommendations for implementing improvements.

• Treasury
  • Oversee day-to-day treasury operations affecting all incoming and outgoing funds flows and funds transfers between bank accounts and lines of business.
  • Manage the daily and monthly bank reconciliations, ensuring timely and accurate completion of all reconciliations.
  • Establish and maintain role-based access controls with all banking partners to ensure best practice controls with appropriate levels of separation of duties and backup coverage.
  • Collaborate with CFO and Director of Financial Planning & Analysis on the development and implementation of short term and intermediate term cash management practices and investment strategies.
• Corporate Credit Card Program Integrated with Automated Travel & Expense (T&E) System: Support the evaluation and selection, implementation and administration of a new corporate credit card program and an automated T&E system (i.e., Brex, Ramp, etc.) that is integrated with the new ERP system; also recommend process improvements and workflow enhancements including scanning/storing electronic images of receipts.
• Business Systems: Participate in the review of current on-premise LMS (The Exceptional Assistant) and assist with implementation and administration of the new NetSuite system.
• Other Ad Hoc Projects and Duties, as assigned.

Preferred Qualifications and Skills:

• Bachelor’s degree in Accounting or Finance required.
• Minimum of 15 years of progressive experience in accounting and finance.
• 10+ years of progressive accounting and finance experience working in a similar role for organizations of similar size and complexity.
• Excellent knowledge of Generally Accepted Accounting Principles (GAAP), finance business systems and audits.
• Proven ability to build relationships and collaborate with diverse teams.
• Excellent problem-solving, communication, and leadership skills.
• An active CPA license is required.
• Combined experience of public accounting, private company and non-profit organizations, strong plus.
• Experience in banking is also a strong plus.
• Experience as a Big 4 auditor is a plus.
• Interest in and commitment to the mission and goals of BlueHub Capital.

Salary and Benefits:

BlueHub has identified a competitive salary range for this role and will share this range with candidates who are selected for interview. Positioning within this range will be commensurate with experience. BlueHub invests in the benefits, training, growth opportunities and infrastructure that let you envision a career here. Benefits for full-time employees include:

• Generous insurance benefits: Health, dental, vision, life and disability insurance, including additional reimbursement for out-of-pocket healthcare expenses
• Retirement benefits: Competitive 401(k) matching
• Unique BlueHub benefits and stipends that support employee wellness, sustainable practices and charitable gift matching
• Excellent package of vacation time and paid leave, as well as generous roll-over policies

About BlueHub:

BlueHub Capital is a mission-driven, nonprofit community development financing organization focused on building healthy communities where low-income people live and work. We use innovative financial tools and deploy capital to support projects that make communities more vibrant places to live. BlueHub has four distinct programs: BlueHub Loan Fund (community development financing), BlueHub SUN (foreclosure relief), BlueHub Energy (clean energy access) and One Percent for America (citizenship financing). Since our founding in 1985, BlueHub has invested over $3.1 billion (and leveraged over $16.1 billion) to finance:

• Affordable housing, school facilities, child and youth development programs, community-based health centers, grocery stores, and community gathering places
• Reducing financial barriers to US citizenship
• Clean energy enhancements that expand access to solar and other renewable sources for people with low incomes
• Mortgage lending for families facing foreclosure

Increasing economic opportunity is at the heart of why BlueHub exists and why we do the work we do. Our investments focus on communities that have been systematically denied access to capital. Our offices are located in the Roxbury neighborhood of Boston, MA. To learn more about BlueHub Capital, please visit, www.bluehubcapital.org.

BlueHub Capital is an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, gender expression, age, national origin, ancestry, active military or veteran status, physical or mental disability, medical condition, pregnancy (which includes pregnancy, childbirth, medical conditions related to pregnancy and childbirth, and breastfeeding and expressing breast milk), genetic information, or other protected status in accordance with applicable federal, state and local laws. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual’s qualifications for a specific job opening.