Controller

The mission of Jubilee Housing is building diverse, compassionate communities that create opportunities for everyone to thrive. Since 1973, Jubilee has worked to provide high quality affordable housing and holistic support to those experiencing persistent economic hardship in the Adams Morgan and Columbia Heights neighborhoods of Washington D.C. Jubilee provides affordable housing and services for approximately 600 people per year in ten properties and associated programs that support community members as they pursue self-directed goals.

We understand our work to be about justice – for people who have been excluded from the prosperity of our city, and for our city itself to become a more equitable and united community. Our response is justice housing: deeply affordable housing, located in neighborhoods where resources such as good schools, grocery stores, and public transportation are readily accessible and near services that support residents as they pursue educational and career attainment.

Jubilee currently has four properties totaling 120 units of deeply affordable housing under development. Jubilee also manages two affordable housing funds that provide acquisition financing for its projects.

Position Description:

Jubilee Housing is searching for a Controller with property management experience, 5 to 10 years of experience in real estate accounting with a sound understanding of enterprise real estate systems. Desire to work in a non-profit high-growth environment. Reporting to the VP of Finance, the Controller will lead all day-to-day finance operations of Jubilee Housing and related entities and supervise a team of 4 staff members including functional responsibility over accounting, accounts payable, accounts receivable, payroll, property management accounting and grants administration. The Controller will ensure that Jubilee Housing has the systems and procedures in place to support effective program implementation and conduct flawless audits. The Controller will work closely with real estate & program leaders and their staffs, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support operations. In addition, they will partner with the VP of Finance, senior leadership, Human Resources and IT to enhance and better integrate finance, HR, and IT functions.

This is an outstanding opportunity for a Controller with working experience in property management and non-profit human services activities, and a proven track record of creative problem-solving and change management to join a high-growth, mission-driven organization. Additionally, the Controller must work collaboratively with all departments to ensure financial viability and stability and identify problem areas.

Specific Duties:

Coordinate intercompany transactions and consolidation for financial accounts and statements.
Manage timely month end and year end closings and financial reporting of all entities.
Develop and execute an operational strategy for the finance team’s day-to-day activity.
Reviews and approves journal entries, accounts payable and cash receipt and payroll transactions.
Manages monthly, quarterly, annual financial accounts, payables, receivables, payroll, controls, Loan and interdepartmental communications.
Maintains weekly cash schedule and assist with cash flow forecasting.
Ensure preparation of bank account reconciliations and general ledger account analysis.
Manage monthly preparation of reports to Program Directors, Senior Managers and Program Managers.
Serve as resource advisor to Finance staff.
Assist with preparation and submission of government filings and reports (including working with the audit firm that prepares Form 990) and state filings.
Implements an effective billing system that assures all services are billed timely and correctly, include proper documentation, and minimizes the time necessary to collect payments.
Assist with annual budget preparation.
Ensure that all work conforms to Jubilee Housing policies and procedures.
Maintain continuous lines of communication, keeping the Vice President of Finance informed of all critical issues.

Required Qualifications:

Property Management Experience.
Advanced degree in Finance, Accounting, CPA or MBA, or certified management accountant (CMA)
A minimum of five to ten years of progressively responsible executive level experience that includes, grant management experience, real estate accounting experience, organizing and managing multiple financial activities
Mastery of finance, property management accounting, and cost control principles including thorough understanding of generally accepted accounting principles (GAAP), internal controls and financial reporting.
Experience with audit preparation desired.
Essential computer skills and expert software knowledge of MS Excel, MS Word, MS Outlook, real estate and nonprofit accounting system a plus.
Significant experience with allocations of shared costs; familiarity with US Government negotiated indirect rates and methodologies a plus.
Strong quantitative analysis capabilities, with the ability to read, analyze, interpret and explain complex financial data.
Experience with property management accounting and familiarity with specialized nonprofit industry accounting practices, reporting requirements and procedures.
Acumen in maintaining accurate financial records and preparing clear and accurate reports for informational, auditing, and operational use.
Demonstrated integrity and reliability with fiduciary duties.
Success facilitating progressive organizational change and development within a growing organization.
Effective communicator and relationship manager, who can represent the organization’s values.
Demonstrate excellent oral and written communication skills and communicate complex financial material to staff, and other non-financial personnel.
Able to design reports, implement and modify standards and processes to improve workflow.
Work closely and effectively with a diverse group as well as peers and subordinates.
Can determine priorities and work independently with minimal oversight.
Excellent interpersonal, management, and organizational skills.
Flexibility with work schedule during peak audit, tax, and budget cycles.
Passion for Jubilee Houses Nonprofit’s mission.

Salary:

$90,000 – $100,000, commensurate with experience.

Benefits:

Benefits include health, vision, and dental insurance, STD, LTD, and Life insurances, paid vacation, sick leave, holidays, transportation stipend and a matched contribution retirement plan.

Background, Reference Checks, and Drug Screening:

Finalist(s) for this position will be subject to a drug screening and will be required to consent to a pre-employment background and reference checks as a condition of employment.

COVID-19:

• As a condition of employment, all external candidates must provide proof that you are fully vaccinated from COVID-19, as of your first day of employment, unless a request for an accommodation has been approved or agree to. If you are not vaccinated, you must agree to having testing done at least once a week.
• “Fully vaccinated” means two (2) weeks have passed since your last dose of a two-dose series or two (2) weeks after a single-dose vaccination.

To Apply:

Please email your resume and a cover letter to Uloma Nwauche at unwauche@jubileehousing.org. Please reference Controller in the subject line.

Jubilee Housing is an Equal Opportunity Employer