Assistant Controller

Mortgage Bankers Association•Washington, DC

1d•Hybrid

About The Position

As the leading advocate for the real estate finance industry, MBA is committed to providing our members with unmatched value and unparalleled benefits. In doing so, we recognize that our most valuable resource is our employees. MBA prides itself on sourcing top talent from all fields and is committed to investing in a culture where communication is essential, diverse voices are encouraged, and embrace inclusion for all. This position offers a hybrid work schedule that supports work-life balance and provides professional development opportunities. If you are looking for a career-defining opportunity, share similar values, and are ready to make a difference in the real estate finance industry, look no further. Apply today! Position Summary: Under general oversight of the Chief Financial Officer (CFO), the Assistant Controller is responsible for establishing and managing the accounting and financial operations of the MBA and its affiliates in a manner that generates timely and reliable financial information to internal and external users of financial information and to accurately reflect MBA’s financial position in conformity with GAAP (generally accepted accounting principles), legal, regulatory, tax and MBA policies. The Assistant Controller will supervise 3 direct reports and will serve as the primary liaison between the Finance team and outside departments and will support full cycle accounting, financial reporting, variance analysis and budgeting.

Requirements

A bachelor's degree with a specialization in Accounting or Finance, is required.
Seven (7) years of progressive association or non-profit accounting and management experience in a diversified, mid-size organization with the ability to handle multiple, competing priorities in a fast-paced environment.
Excellent oral and written communication skills are essential.
Must have strong analytical and consultative skills.
In-depth knowledge of accounting and budgeting software, proficient in MS Excel and other MS Office applications.
Thorough knowledge of GAAP, with emphasis on the non-profit sector.
Understanding of related auditing and proficiency with automated financial systems is required.
Ability to recruit, retain, and manage high-performance personnel.

Nice To Haves

Knowledge of NetSuite, a plus.

Responsibilities

Develop, implement, and monitor financial policies and procedures.
Responsibility for the effective preparation, maintenance, and reporting of internal and external financial reports and analyses. Prepare monthly interim financial statements.
Manages the day-to-day operations of the Finance department. Review journal entries, reconciliations and variance analysis. Oversee monthly revenue recognition.
Lead the month-end close process, ensure deadlines are met and financial reports are ready to review with the CFO in a timely manner.
Develops and maintains relationships with the auditors. Serve as liaison to the external auditors for the annual financial statements audit. Review and/or prepare PBC assigned items, schedules and respond to audit inquiries in a timely manner.
Assist in the budget development process for MBA and affiliated organizations. Serving as the liaison to business units to support them in their budget creation and submission. Provides critical review and analysis of proposed operating budgets and makes recommendations for budgetary improvements.
Assist in the preparation of the IRS 990/990T,4720 and DC D-20 franchise tax return, by compiling necessary information, completing schedules and reviewing draft tax return.
Prepare the annual property tax return.
Ensures appropriate confidentiality is always maintained regarding Association strategy, financial results, and operations.
Effectively supervises finance personnel to obtain optimal performance.
Analyze and prepare ad-hoc financial reports, providing insights and recommendations to stakeholders.
This position description should not be construed to contain every function/responsibility that may be required to be performed by an incumbent in this job. Incumbents are required to perform other functions as assigned.