Vice President Controller (Foster City)

Location: Foster City

Vice President Controller

Reporting to the Chief Financial Officer, the Vice President-Controller has primary responsibility for the management of the organization’s accounting department, including all aspects of corporate, development, property, resident services, and treasury functions. As the day-to-day operations leader for the accounting department, this position is responsible for implementing new accounting standards and procedures, ensuring compliance with existing accounting and agency regulations, instituting internal controls to minimize risks as well as the preparation of financial reports for annual audits, tax compliance, management, regulatory agencies, and the Board of Directors. The Vice President-Controller will coordinate the accounting activities with departments across the organization and ensure that all financial transactions / information / reports, policies, and procedures are in accordance with US GAAP standards and are accurately and timely submitted to management and regulatory agencies as required.

Success in the role will be measured by consistent high-quality delivery of the job duties, successful mentoring of the accounting team, excellent verbal and written communication skills, and the ability to positively influence and interact at all levels of the organization within the framework of the MidPen mission and core values.

Responsibilities:

Directs the activities concerned with safekeeping, control, and accounting for assets and securities

Directs and coordinates the organization’s financial affairs according to financial principles and regulations

Oversees all accounts, ledgers, and reporting systems

Ensures compliance with US GAAP, regulatory requirements, and MidPen standards, including all financial reporting obligations

Develops and maintains policies and procedures of financial recordkeeping and reporting; maintains accounting internal controls and safeguards

Directs the timely and accurate preparation of monthly, quarterly, annual, and consolidated financial close processes

Maintains inter-entity reconciliation and related financial recordkeeping processes to ensure compliance with accounting and control systems

Reviews financial plans vs. actual results to identify, explain, and correct variances as appropriate

Leads all audit and tax preparation activities and manages relationships with auditors and outsourced vendors

Supports the CFO in engaging the Board and committees (Audit, Finance) on audit, tax, and financial results

Oversees treasury, cash reporting, and tracks performance of invested assets in line with policies and guidelines

Administers all aspects of new accounting technology implementation

Manages, mentors, and develops a high-performing accounting team; leverages team strengths and clarifies roles and responsibilities

Develops and implements training programs and promotes a positive, communicative, and supportive work environment

Directly supervises treasury, Development Assistant Controller, and Property Assistant Controller; performs other duties as assigned

Qualifications

Education and Experience

Bachelor’s degree or Master’s degree in accounting from an accredited university and 10 years of progressive accounting responsibility or an equivalent combination of education and relevant experience

Significant accounting leadership experience as a Controller or Senior Accounting Officer

Experience within affordable housing/real estate industry preferred

Certified Public Accounting (CPA) certification preferred

Knowledge, Skills, and Abilities

Excellent oral, written, and communication skills

Ability to clearly and effectively present information to internal and external audiences, client groups, and all levels of management

Advanced knowledge Microsoft Office, Excel, and Word

Strong leadership and management skills with previous experience managing people, delegating workload, and providing direction/corrections as necessary

Must have the ability to select, motivate, retain, coach, and develop a high-performing team

Must possess a valid California Driver’s License, proof of current auto insurance, and reliable transportation

Commitment to the Mission and Values of MidPen Services and MidPen Housing

Physical Requirements

Constantly perform desk-based computer tasks

Frequently sitting

Occasionally stand/walk, reach/work above shoulders, grasp lightly/fine manipulation, grasp forcefully, use a telephone, sort/file paperwork or parts, lift/carry/push/pull objects that weigh up to 15 pounds

Rarely twist/bend/stoop/squat, kneel/crawl

Pay Range

$250,000.00 - $275,000.00 Annual Salary - Pay based on applicable experience and qualifications