The Controller plays a critical role in ensuring the timely and accurate processing of all financial data, organizational reporting, and compliance needs of the organization. The role is responsible for day-to-day operations of the accounting, tax, and treasury functions of the Association, including hands-on management of the accounting cycle and related processes and procedures. Also responsible for overseeing financial controls and reporting. Assists the VP of Finance in maintaining the financial integrity of the Association’s assets which includes appropriate internal controls and effective accounting systems.
Minnesota Orchestra Values:
We believe every employee is essential to the success of the organization and critical to accomplishing our mission to enrich, inspire and serve our community.
Our working relationships are based on respect for each other as individuals, confidence in one another, and a genuine desire to actively listen and collaborate with each other.
We are committed to building a diverse and inclusive organization that honors and reflects the community we serve, strives for diversity across our ecosystem, and nurtures an equitable and inclusive culture.
- Ownership of accounting integrity and general ledger accuracy
- Responsible for general ledger integrity including pledge, endowment, pension, investment, and revenue accounting.
- Responsible for the endowment, property and planned giving accounting functions, including reviewing endowment schedules, fixed asset schedules, and endowment and pension investment reports. Oversee allocation of endowment income to various activities and receipt of gifts to the organization. Monitor compliance with internal policies governing the terms of acceptance and classification of major gifts to the organization.
- Monitor accounting transactions including cash, capital, investment distributions.
- Serve as the administrator and oversee financial systems. Serve as organizational expert for Activity HD (GL System) and Concur (A/P system), as well as financial system integrations with other organizational systems such as Tessitura and Paylocity payroll.
- Supervise the accounts payable, accounts receivable, pledge receivable, cash treasury functions of the organization. Ensure compliance with tax, audit, other regulations.
- Ownership of internal and external reporting and compliance
- Responsible for financial statements including coordination and oversight of monthly closing procedures, preparation of monthly financial statements and related financial analysis. Review of balance sheet and income statement accounts, as analyzed by accounting staff, on a monthly or quarterly basis. Establishes necessary control procedures in all facets of accounting cycle.
- Prepare federal and state tax returns and schedules for government agencies, including annual Federal Form 990. Establish and maintain timely federal and state estimated tax payments.
- Coordinate annual audits of the financial records of the organization and its two defined benefit pension plans, serving as liaison with outside auditors. Oversee the preparation of required audit schedules (including any required schedules of federal award expenditures), preparation of audited financial statements and related footnotes, audit adjusting entries and review and update of management letter comments. Prepare board authorizations of year-end transfers and other related activity.
- Review and file 5500 reports for the two pension plans ensuring coordination between auditors and actuary during the process; initiate and oversee filings with the Pension Benefit Guaranty Board (PBCG).
- With the VP of Finance, provide support and/or participate as a liaison with various board committees.
- Serve as lead on budgeting process, reviewing, and interpreting monthly, quarterly, and annual financial results. Support preparation of current year forecasts and future year budgets and long-range projections.
- Serve as contact for internal and external accounting related inquiries.
This position provides leadership and mentoring for staff members including a Sr. Staff Accountant, Staff Accountant, and Accounts Payable Specialist. Key behaviors for leaders and people managers of the Orchestra include:
- Demonstrate integrity in actions and words.
- Demonstrate a commitment to the Minnesota Orchestra mission and values.
- Set clear goals and priorities, holding yourself and direct reports accountable to meet strategic priorities.
- Ability to effectively lead through changing priorities.
- Coach and counsel direct reports regarding individual performance and other career development areas, taking corrective action when necessary.
- Create an environment that inspires a high level of commitment and performance.
- Lead innovation and positive change on your team and across the organization.
Minimum Qualifications, Skills, and Abilities:
- Bachelor’s Degree in Accounting or Finance or related field, or the equivalent amount of training and hands-on experience sufficient to perform the essential functions of the position.
- Minimum ten years’ experience in public accounting or a combination of public and industry accounting experience.
- Strong understanding of not-for-profit accounting methods, preferred.
- Demonstrated ability to manage confidential and sensitive information, possess a high degree of personal integrity and sound judgment.
- Demonstrated ability to manage multiple priorities and deadlines with excellent attention to detail.
- Ability to effectively communicate with internal stakeholders, external suppliers, vendors, or other entities.
- Ability to collaborate with others to identify and solve issues or make proactive recommendations.
- Advanced knowledge of computer-based financial management systems.
- Understanding of CRM and payroll system integration with financial systems data.
- Advanced knowledge of MS Office suite, especially Excel.