Corporate Controller

Social Finance•Boston, MA

15d•Hybrid

About The Position

Social Finance is a national nonprofit and registered investment adviser (SF Advisers, LLC) that works with the public, private, and social sectors to create partnerships and investments that measurably improve lives. Since its founding in 2011, the organization has mobilized over $500 million in new investments designed to help people and communities realize improved outcomes in workforce and economic mobility, health, and housing. The Corporate Controller is the senior accounting leader at Social Finance and the Chief Financial Officer’s closest partner in running the corporate finance function. This role owns the integrity of the organization's financial reporting and leads the planning, budgeting, and analysis work that shapes how the organization deploys its resources. This role is ideal for someone with a strong technical accounting foundation who wants to spend a substantial share of their time strategically leading and planning, including building the budget, running the forecast, modeling scenarios, leading a team, and helping business and operational leaders make sharper decisions with better information. The Corporate Controller will lead and manage a team of 4, oversee an annual operating budget of approximately $30 million across multiple entities and active donations and grants, recoverable grants, government awards, and will sit on the firm’s Management Team. It is a good fit for candidates who want to apply accounting and finance expertise in a mission-driven setting and who are equally comfortable setting direction and getting the details right.

Requirements

Unquestionable work ethics and focus on ownership and accountability
Degree in Accounting, Finance, or a related business field, or equivalent experience; CPA or MSA preferred
8+ years of progressive accounting and finance experience, including substantial time in financial planning and analysis: budgeting, forecasting, financial modeling, and variance analysis
Demonstrated ownership of an annual budget process and a recurring management reporting cycle for an organization or a substantial business unit
Strong command of U.S. GAAP and internal controls
Working knowledge of nonprofit accounting, including fund and grant accounting, and familiarity with federal grants compliance and single audit requirements
Advanced Excel and financial modeling skills, with the ability to translate financial detail into clear guidance for colleagues who are not finance specialists; strong oral and written communication
Comfort and experience overseeing, coaching, and developing more junior staff members, and a commitment to building a strong, high performing team
Ability to handle complex and confidential information with discretion
Ability to operate across multiple competing priorities with a high level of independence and motivation, and to adapt in a team-based, fast-changing environment
Willingness to learn and utilize AI tools appropriately to support accounting work (e.g. prompt engineering, AI-assisted workflows, or data infrastructure); experience automating financial processes or applying AI tools within a finance function a plus
Applicants must be permanently authorized to work in the United States on a full-time basis.
To be in-person at a Social Finance office, client location or Social Finance-sponsored event, you must be fully vaccinated against COVID-19, including receiving a booster shot.

Nice To Haves

Experience with Sage Intacct or a comparable ERP, and with planning and forecasting tools such as Vena, Adaptive Planning, or similar
Experience in impact investing or investment management, including financial reporting for investment vehicles
Experience in or with the systems we seek to impact: education, economic mobility, health, or housing

Responsibilities

Lead the annual organizational operating budget process from start to finish, partnering with business practice and functional leaders to build, challenge, and finalize their plans
Own budget to actual reporting and variance analysis, including the written narrative that explains what the variances mean and what should change as a result
Build and maintain the multiyear financial model and rolling forecast, including scenario analysis for new investments, contracts, and hiring decisions
Prepare project budgets and pricing for contract and grant based proposals, and track realized margin against what was proposed
Develop recurring management reporting and metrics that give business leaders a clear, current view of their financial position
Prepare quarterly reporting materials for the Board, Finance Committee, and Audit Committee
Oversee the finance team’s day-to-day accounting operations, covering: revenue contracts, the production of invoices, and revenue recognition; expense contracts and commitments, with authorization protocols as necessary; timely transaction posting to the general ledger; payroll processing; monthly balance sheet reconciliations
Own the month end and year end close, and work to shorten the close calendar without compromising accuracy
Maintain accurate and timely accounting of revenues and expenditures across all lines of business
Manage all accounts and financial reporting systems to ensure compliance with U.S. GAAP
Oversee federal grants financial management, reporting, and compliance, including Uniform Guidance (2 CFR 200) requirements and the annual single audit
Monitor financial activity on grant programs and prepare expenditure reports for program managers as needed
Manage the annual financial statements audit for all entities
Manage federal and state nonprofit tax filings and registrations for Social Finance, Inc. and affiliated entities
Develop and monitor internal controls, policies, and procedures
Own the enterprise risk management function, including maintaining the organizational risk register, coordinating periodic risk assessments with practice and functional leaders, and reporting key risks and mitigation plans to the Management Team and Audit Committee
Lead, coach, and develop a team of 4, including goal setting and ongoing performance management
Improve the efficiency and effectiveness of the Corporate Finance function through better process design, fuller use of systems including Sage Intacct, Rippling, Roghnu, Power BI, Tableau, Bill.com, Expensify, etc. and thoughtful adoption of automation and AI tools where they measurably improve accuracy or free up capacity
Upgrade processes with an eye for achieving efficiency and clarity
Lead or support special projects and ad hoc analysis as needed
Serve as a Development Manager to members of the Corporate Finance team members, the role at Social Finance responsible for a colleague’s coaching, goal setting, and career growth
Support the firm’s talent management efforts through recruiting, coaching, goal setting, mentoring, and ongoing performance management
Support internal capacity building efforts
Represent the firm in public forums and contributing to publications

Benefits

Comprehensive health care coverage: medical, dental and vision insurance; flexible spending accounts; Employee Healthy Actions programs and more
Retirement savings plan with employer contribution
Short-term, long-term and life insurance policies
Commuter benefits and cell phone reimbursements
Hybrid work model (in office a minimum of two days per week and on an ad-hoc basis as needed)
Dedicated budgets for team building and employee recognition
Annual budget for external professional development opportunities
Mentorship and onboarding programs
Collaborative and energizing workspaces in downtown Boston, San Francisco, Austin and Washington, D.C.; New York, NY. Please note this position is based in the Boston office.
Paid vacation and paid holidays (with 12/24-1/1 off every year)
Paid parental leave
A truly stellar team of high performing, values-driven and fun (!) professionals