Controller
Company: Cinnaire Corporation
Locations: Lansing, MI; Detroit, MI; Grand Rapids, MI; , All
Job Function: Finance
Background
Who we are
Cinnaire is a mission-driven organization. Our team of more than 150 individuals are united by our core purpose. As dedicated problem solvers, we start each day thinking ‘what kind of difference can we make in people’s lives today?’ and then go about revitalizing communities, empowering individuals and creating economic opportunities.
What we do
We get involved. We spend time on the ground in the communities we serve, getting to know the people, understanding their challenges, and devising out-of-the-box solutions. Ours is a people-first approach to advancing communities. As a community development financial organization, we provide creative capital solutions to projects with high social value that may not otherwise receive support from traditional financial institutions. Our toolkit of services includes programs that lend funds, finance development and manage and build all the components of strong, vibrant communities.
How we do it
We help community development organizations, lending partners and socially motivated investors accomplish goals in underserved communities. We fill gaps in community development funding by leveraging capital from public and private sector organizations and bringing expertise to communities that need it most.
Where we serve
Since 1993, Cinnaire has funded affordable housing developments and community development initiatives throughout the Midwest and Mid-Atlantic states. Headquartered in Lansing Michigan, we have offices in Detroit and Grand Rapids, MI:, Milwaukee and Madison, WI; Chicago, IL; Indianapolis, IN; and Wilmington, DE, while providing financial and development support across our nine-state footprint including Michigan, Wisconsin, Minnesota, Indiana, Illinois, Pennsylvania, New Jersey, Delaware and Maryland.
Summary
The Controller is responsible for the daily management of all parent and affiliate cash and accounting records including cash receipts, accounts payable, accounts receivable, financial reporting, budgets, and forecasting. This includes ensuring internal control procedures are in place while providing support through sound management and business decisions. The Controller provides high-level support to the Chief Financial Officer.
Responsibilities
Essential Responsibilities:
- Provide direction, oversight, and ensure compliance with all aspects of accounting and financial reporting.
- Establish appropriate processes to ensure financial statements are in conformity with US GAAP.
- Lead analysis of technical accounting issues. Provide well-supported and documented interpretation of GAAP literature, identify relevant changes in accounting guidance and monitor processes for compliance with accounting literature.
- Coordinate the development of accounting analysis and explanation of financial & budget results.
- Provide leadership to the annual audit process and serve as chief liaison for our external auditors.
- Maintain accurate workpapers and supporting schedules for the parent organization and all affiliates.
- Provide oversight to Construction Accountant to help track development related grant awards and compliance with federal requirements. Support grant budget review and forecasting, also review/maintain all financial reporting for grant agreements.
- Maintain department and company budgets.
- Coordinate preparation and filing of all required federal, state, and local taxes.
- Present financial statements, budgets, and other relevant financial information to subsidiary boards.
- Develop the accounting department and team members.
- Handle confidential information and maintain and uphold confidentiality.
Requirements
Qualifications and Skills:
- Bachelor’s degree in accounting required.
- Seven or more years of progressive work experience in an accounting role.
- CPA designation required.
- Comprehensive knowledge of US GAAP/technical accounting, corporate taxation, partnerships, and the structuring of an internal control environment.
- Real estate and CDFI experience preferred.
- 3+ years supervisory experience leading a team.
Competencies:
- Analysis to Synthesis: Interprets data and information from multiple sources and translates it into coherent messages that inform decisions.
- Intellectual Agility: Flexes and adapts thinking skills to meet the needs of different situations and circumstances. Doesn’t limit problem solving to one approach or methodology.
- Insight to Action: Acts on conviction and advances from concept to implementation toward a goal. Draws upon knowledge and professional judgment to orchestrate the steps required to get results.
- Leadership: Demonstrates leadership through actions. Creates a culture of accountability.
- Diversity Awareness: Identifies the benefits and advantages of harnessing the collective insights from various individuals in the organization.
Reporting Relationship: Reports to Chief Financial Officer
Supervisory Relationship: Accounting Manager, Senior Accountant, Accounting Associate
Physical Requirements:
- Ability to work at a computer for extended periods of time.
Travel Required: 5%
Compensation and Benefits
Cinnaire offers a competitive compensation package.
Benefits Offered: Medical, Health Reimbursement Account, Flexible Spending Accounts (medical and dependent care), Dental, Vision, Life Insurance, Accidental Death & Dismemberment, Long-Term Disability, Employee Assistance Plan, Pet Insurance, Identity Theft Protection, Paid Mobile Phone Service, Unlimited PTO, Incentive Compensation, 403(b) Plan, and Profit-Sharing Plan.