Corporate Controller

Company:  National Institute of Flamenco
Location: Albuquerque
Closing Date: 19/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Corporate Controller

Organization Overview

The National Institute of Flamenco is a 501(c)(3) nonprofit organization whose vision is to support community through arts education and equitable access to the arts. The Institute engages a core community of Albuquerque-based professional artists, students, and patrons, with an emphasis on impacting the lives of low-income households. Committed to equity, the Institute employs and nourishes the professional development of people of color and provides a place for emerging artists to safely express themselves. The Institute’s programming makes a difference to the tens of thousands of clients served annually through educational and performance-based programs and organizational partnerships.

Position Summary

The Corporate Controller is a key member of the management team, responsible for overseeing all financial and accounting operations within the organization. This role ensures that financial processes align with the organization’s goals and mission, providing clear, timely, and accurate financial information to the Executive Director, senior leadership, and the Board of Directors. The Corporate Controller will be a strategic partner in maintaining the financial health of the organization, ensuring compliance with financial regulations, and guiding the organization toward sustainable growth.

Key Responsibilities

  • Financial Management & Reporting:
    • Oversee all accounting operations, including general ledger management, accounts receivable, accounts payable, payroll, and cash flow management.
    • Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.
    • Develop and maintain the organization's annual budget in collaboration with the Executive Director, senior leadership, and department heads.
    • Monitor financial performance, analyze variances, and recommend corrective actions to support financial stability.
    • Prepare and present detailed financial reports to the Executive Director and Board of Directors, offering insights for informed decision-making.
    • Ensure compliance with federal, state, and local tax regulations, including preparation of tax filings and coordination with external auditors.
  • Internal Controls & Compliance:
    • Maintain and strengthen internal financial controls, ensuring accuracy and integrity in all accounting processes.
    • Establish, review, and document accounting policies and procedures to ensure compliance with nonprofit and legal requirements.
    • Oversee grant and contract reporting, ensuring compliance with donor and funding agency requirements.
    • Serve as a liaison with external auditors, providing necessary documentation and managing the audit process.
    • Ensure compliance with payroll tax regulations, workers' compensation, and employee benefits.
  • Strategic Planning & Analysis:
    • Provide financial leadership and strategic recommendations to the Executive Director and leadership team to drive organizational growth.
    • Develop financial models and forecasts to support long-term planning and sustainability efforts.
    • Participate in financial risk management, identifying areas of financial risk and recommending mitigation strategies.
    • Assist in the development and implementation of financial strategies to support new program initiatives and capital projects.
    • Conduct financial reviews and analysis of fundraising and programmatic activities to optimize revenue and reduce expenses.
  • Human Resources & Payroll:
    • Manage the processing of bi-weekly payroll and ensure accuracy in employee and contractor payments.
    • Collaborate with the Executive Director on human resources functions, including compensation strategies, employee benefits, and labor compliance.
    • Oversee financial aspects of the organization's human resources policies, including tracking employee expenses and benefits.

Qualifications

  • Education & Experience:
    • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; CPA or CMA credentials preferred.
    • 5-7 years of accounting experience, with at least 3 years in a nonprofit environment preferred.
    • Experience in human resources, particularly in payroll management.
    • Experience with QuickBooks Online and advanced proficiency in Excel.
  • Core Competencies:
    • In-depth knowledge of accounting principles and nonprofit financial management, including GAAP and fund accounting.
    • Strong organizational skills and attention to detail, with the ability to manage multiple priorities and deadlines.
    • Demonstrated ability to analyze financial data and provide insights to drive strategic decision-making.
    • Excellent verbal and written communication skills.
    • Ability to present financial information clearly to non-financial stakeholders.
    • Strong interpersonal skills, able to collaborate with internal and external partners.
    • Ability to work with tact and discretion.
    • Ability to adapt in a dynamic environment, bringing a proactive, solutions-focused mindset.
  • Preferred Qualifications:
    • Experience working in the performing arts or nonprofit sectors.
    • Bilingual in English and Spanish.
    • Familiarity with nonprofit budget models, grant management, and donor reporting requirements.

Other Requirements:

  • Current driver’s license and requisite insurance.

Reports to: Executive Director

Position Type and Schedule: Exempt, 40-hours, full-time

Compensation: $65,000 - $75,000. We provide competitive salaries commensurate with experience. Benefits include vacation/paid time off package, flamenco classes for employees and their immediate family members, and complimentary admission to Institute performances. Though we do not currently offer health insurance or retirement, we are working to add these benefits in the next fiscal year.

To Apply: Please send cover letter and CV or resume with three professional references to Annie D’Orazio, and Marisol Encinias, Incomplete applications will not be considered.

Job Type: Full-time

Pay: $65,000.00 - $75,000.00 per year

Benefits:

  • Paid time off

Physical Setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday
  • Weekends as needed

Education:

  • Bachelor's (Required)

Experience:

  • Accounting: 5 years (Required)
  • QuickBooks: 5 years (Required)
  • Microsoft Excel: 5 years (Required)

Work Location: In person

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National Institute of Flamenco
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