Controller, Finance & Banking, Financial Manager

As the public health institute serving the District of Columbia, Maryland, and Virginia, the Institute for Public Health Innovation (IPHI) develops multi-sector partnerships and innovative solutions to improve the public’s health and well-being across the region. IPHI’s work strengthens health systems and policy, enhances conditions that promote health, and builds community capacity to ensure equitable health opportunities for all.

At IPHI, equity is a cornerstone and guiding principle of our organization’s public health approach. We are committed to ensuring that equity is institutionalized and operationalized within all our programs, policies, and practices.

IPHI is currently recruiting for a Controller to manage the organization’s accounting, financial monitoring and reporting, and fiscal compliance practices.

• Accounting Policies and Procedures
• Oversee and implement IPHI’s daily accounting practices. Implement and maintain the organization’s financial policies, procedures, and practices (including but not limited to receipts, disbursements, purchases, invoicing, reconciliations, fixed asset management, payroll and benefits administration, compliance, reporting, and recordkeeping).
• Work with President & CEO to update and improve policies and procedures as necessary. Ensure necessary staff training on policies and procedures.

• Serve as financial and budgetary liaison between department leaders, program staff, and funders. Monitor financial status, progress, and changes, and keep the senior leadership team abreast of the organization’s financial status and the potential need for decisions or action.
• Communicate and present critical financial matters to the President & CEO and senior leadership team.
• Coordinate with Development & Grants Manager and program managers to ensure consistency and accuracy of financial reporting to donors and funders.
• Ensure that timely and accurate financial reports are provided monthly to project managers to assist with regular project billing. Provide review and monitoring support during the expense approval and booking process to help identify any charge or coding errors and work with staff to make necessary corrections.
• Monitor projects to ensure their timely billing.

• Provide daily monitoring of banking and investment accounts and transactions and work with President & CEO to ensure necessary operating reserves and cash flow. Ensure that all cash activity is posted accurately and timely to the accounting system.
• Oversee and implement IPHI’s accounts payable and accounts receivable processes. Ensure timely bill payment. Monitor and directly or indirectly follow up on delayed receivables.
• Review new grant/contract agreements and determine appropriate accounting treatment. Coordinate the assignment of numbering of new contracts/grants for accounting and timekeeping purposes.

• Complete all activities required to close the accounting period each month.
• Prepare bank and investment account reconciliations.
• Prepare reconciliations of other balance sheet accounts.

• Prepare accurate and timely monthly financial statements to include Statements of Financial Position, Statements of Activities (with comparisons to budget), and Cash Flow Statements.
• Prepare other schedules necessary for review and analysis of financial statements, including the Schedule of Deferred Revenue and Refundable Advances and Net Asset Roll-forward.
• Provide financial reports and updated dashboards for presentations to Board of Directors.

• Support the annual budgeting and planning process in conjunction with the President/Chief Executive Officer (CEO), Senior Vice President, and department leaders.

• Work with human resources department to ensure accurate and timely payment of payroll and related payroll taxes.
• Participate on the fiduciary review and oversight committee for IPHI’s 403(b) retirement plan and implement necessary financial management aspects of retirement plan administration.
• Ensure the accurate reporting of 403(b) account information and…