Controller

Bonton Farms

Controller

Dallas, TX
Full Time
Paid
  • Responsibilities

    Bonton Farms - Controller

    Employer Details: Dallas/Fort Worth Based Non Profit seeking a Controller to support financial and strategic planning efforts for mission based programming. The Non-Profit Partners focuses in on their commitment to equality, inclusiveness, and mission to fight poverty in low socioeconomic communities. If you have a passion to serve and support an organization that is the at the cornerstone of building economic equality we would love to talk with you.

    Overview of Role: The Controller is a senior leadership role responsible for overseeing and executing on the financial strength of the organization, strategic planning and long-term sustainability of the community of Bonton. The Controller will work closely with the CEO, Board of Directors, and leadership team to drive strategic initiatives, ensure financial sustainability, and enhance organizational performance. This role requires a strong leader with a vision for financial excellence and the ability to provide thought leadership in a non-profit setting.

    Responsibilities: The duties listed below are intended only as illustrations of the various types of work that may be performed. Theomission of specific statements of duties does not exclude them from the position if the work is similar, related or alogical assignment.

    1. Management:

    Oversee the operations of the accounting department, including the design of anorganizational structure adequate for achieving the department's goals and objectives

    Maintain a documented system of accounting policies and procedures

    Manage outsourced functions such as accounting and payroll services

    Advise executive management as to the most effective way to structure the company’s accounting system to support the organizations business model

    Manage the annual budgeting process

    1. Transactions:

    Ensure that accounts payable are paid in a timely manner

    Ensure that accounts receivable are collected promptly

    Process payroll in a timely manner

    Ensure that periodic bank reconciliations are completed

    Maintain the chart of accounts in a form that supports the organization’s business model as well as complies with nonprofit GAAP

    Maintain an orderly accounting filing system

    Maintain a system of controls over accounting transactions including approval and support for journalentries

    Develop and maintain a disciplined monthly close process including a close calendar, close checklist, and journal entry checklist.

    Stay current on changes in nonprofit GAAP and oversee any required adjustments to accounting policies and procedures as required by nonprofit GAAP.

    1. Restaurant, Retail and Inventory:

    Create and review the controls needed for data accumulation and reporting systems

    Coordinate periodic physical inventory counts and cycle counts

    Track profit margins

    Ensure the organizations point-of-sale system in designed and implemented properly

    Work with the Retail managers to optimize profits through pricing and cost efficiency analysis

    1. Analysis:

    Report on periodic variances to budget and their causes, focusing in particular onspending variances

    Meet with department managers monthly to review their department’s financial performance

    Analyze capital budgeting requests

    1. Cash Management:

    Maintain relationship with the organization’s operating bank

    Ensure the company’s bank account structure and related cost are in alignment with the organization’s operating requirements.

    Maintain a system of policies and procedures that impose an adequate level of control over cash activities

    Proactively work with the bank to identify ways to automate cash management activities such as collections and payments.

    1. Reporting:

    Issue timely and complete financial statements

    Coordinate the preparation of the annual report

    Calculate variances from the budget and report significant issues to management

    Provide for a system of management cost reports

    1. Compliance:

    Coordinate the provision of information to external auditors for the annual audit

    Coordinate single audit

    Comply with local, state, and federal government reporting requirements and tax filings

    Ensure sales tax collections and filings comply with regulations

    Qualifications:

    Education: Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field required; MBA and/or CPA preferred.

    Experience: Minimum of 7 years of experience in financial management with at least 5 years in a senior leadership role

    Proven experience in strategic financial planning and execution in a non-profit setting as well as for profit (preferably with restaurant or retail experience).

    Strong knowledge of non-profit accounting standards and regulatory requirements.

    Excellent analytical, organizational, and problem-solving skills.

    Exceptional communication and interpersonal skills, with the ability to engage and inspire stakeholdersat all levels.

    Demonstrated ability to lead and develop high-performing teams.

    Requirements:

    Integrator and strategic thinker.

    Results-oriented and proactive.

    Ability to meet or exceed deadline expectations.

    Efficient organizational and time management skills.

    Adaptable and resilient in the face of challenges.

    Ethical and transparent with high integrity.

    Passion for the mission and people of Bonton Farms and the Bonton community.

    For more information about Bonton Farms, please visit our website at www.bontonfarms.org. We also invite you to follow us any and all of the social media platforms.