VP of Finance / Controller
NYC Metropolitan Area (Hybrid – 3 days a week)
ABOUT THE ORGANIZATION
At BRC, our staff help New Yorkers experiencing homelessness reclaim their lives by providing a “hand up”, offering opportunities for health and self-sufficiency, and restoring hope and dignity. BRC was founded in 1971 by a handful of neighbors from the Bowery neighborhood who decided to take control of their lives and transform their circumstances. By 1976, BRC introduced its first residential program and marked the beginning of BRC’s formal journey to becoming a symbol of dignity and self-respect for New Yorkers in crisis. Today, BRC continues to serve as a lifeline for the most vulnerable New Yorkers. BRC’s programs and facilities are designed to provide comprehensive support.
With a deep commitment to the work, BRC has grown into a $200 million organization, operating across Manhattan, Brooklyn, the Bronx, and Queens. BRC’s extensive network comprises over 1000 full-time, part-time, and per-diem positions. Each and every BRC staff member makes heroic contributions to our city, providing vital services in times of crisis and need.
ABOUT THE OPPORTUNITY
The Vice President of Finance/Controller (VP), reporting to the Chief Financial Officer/Executive Vice President (CFO/EVP), will oversee daily finance operations, supervise a team of seven staff, and have functional responsibility for accounts payable and receivable, proper recording of Medicaid billing, grants, and all BRC related housing entities. The VP’s role will also include establishing effective systems of control, streamlining audit support, and ensuring proper accounting for program operations. BRC’s diverse programs are funded by various sources. Key responsibilities are:
Financial Oversight and Compliance
- Oversee all financial accounting, ledgers, and reporting systems, ensuring compliance with GAAP standards, IRS, and state regulatory requirements for BRC and related entities.
- Supervise accounting functions, including accounts payable, accounts receivable, billings, bank reconciliations, and cash receipts with an aim to transition to a paperless work environment.
- Lead and manage the monthly accounting close process, ensuring consistent and accurate delivery of management reports.
Program Support and Financial Management
- Collaborate with program vice presidents and directors to establish and refine finance and administrative systems supporting program operations.
- Manage organizational cash flow forecasting and ensure revenue and expenditures align with the operating budget and financial reporting requirements for government, corporate, and foundation grants.
- Assist BRC’s leadership in the annual budgeting and planning process; work with the VP of Budgets to understand budget to actual results and variances.
- Oversee recording of Medicaid billing and collection data entry, including collaboration with external billing vendors.
Internal Controls and Auditing
- Monitor, document, and update proper internal controls and safeguards for BRC assets, receipt of revenue, costs, budgets, and actual expenditures.
- Coordinate annual general audit activities and liaise with external auditors to ensure compliance with relevant standards and regulations (i.e., OMB Circular A-133, GAAP).
Financial Analysis and Reporting
- Conduct financial data analysis and present results in a timely manner.
- Prepare and disseminate monthly, quarterly, and annual financial statements.
- Monitor progress and changes, keeping the CFO informed about BRC’s financial status.
External Relationships and Integration
- Manage relationships with external entities, including banks, licensing and accrediting organizations, investors, and external auditors.
- Partner with the CFO, senior leadership, and HR and IT staff to enhance and integrate interdepartmental collaboration.
- Support the CFO in engaging the board’s audit and finance committees around issues and trends in financial operating models and delivery.
- Serve as a resource, mentor, and coach for accounting, executive, management teams and colleagues on financial and compliance matters.
- Optimize finance team strengths, clarify roles, and drive training for peak performance. Model strong internal communications with staff at all levels throughout the organization.
- Create and promote a positive and supportive work environment.
ABOUT THE SUCCESSFUL CANDIDATE
The VP will bring a minimum of 10 years of successful experience in nonprofit accounting and progressive management experience. Specifically, the VP will have:
- A proficiency in nonprofit accounting for complex social services organizations with exposure to real estate transactions, Medicaid billing, government, corporate, and foundation grants.
- Prior experience accounting for NYC government funding within a nonprofit organization.
- Demonstrated leadership ability and team management experience. A strong track record of building and leading collaborative teams is key to being successful in this role.
- Excellent interpersonal, communication, and relationship-building skills.
- Tenacity, determination, and commitment to the mission of BRC.
- Data-driven and analytical mindset.
- Strong understanding of internal controls.
- Keen analytical, critical thinking, and problem-solving skills.
- Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; advanced knowledge of accounting and reporting software (Sage Intacct a plus).
EDUCATION: Minimum of a BA; CPA and/or MBA preferred.
COMPENSATION: $160,000-$175,000 commensurate with experience, plus a generous benefits package.
BENEFITS: BRC takes the health, safety, and wellbeing of our employees seriously. Employees are eligible for health insurance and paid sick time benefits immediately upon starting work. In addition, full time employees receive a generous benefits package, including:
- Competitive health and dental plans, with coverage is available for your spouse, domestic partner, and dependents.
- A minimum of 3 weeks paid vacation, 11 paid holidays, and additional paid sick and personal time. A 403(b) pension plan with a matching benefit paid by BRC.
- Tuition assistance and many training opportunities for career development.
- Flexible spending accounts (FSAs) are available so employees can set aside pre-tax dollars for healthcare, transit and childcare.
WORK CULTURE & SCHEDULE: 37.5-hour work week. Core office hours are 9 am – 5:30 pm Monday through Friday. Hybrid position, mandatory 3 days per week in office.
HOW TO APPLY: Submit a cover letter AND resume in confidence here.
COVID-19: Proof of COVID vaccination is required.
BRC is an equal opportunity employer. We value and welcome diversity in the workplace and strongly encourage all qualified persons to apply. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.