THE KOREA SOCIETY is a private, nonprofit, nonpartisan, 501(c)(3) organization with individual and corporate members that is dedicated solely to the promotion of greater awareness, understanding, and cooperation between the people of the United States and Korea.
The Korea Society is seeking a Financial Controller with solid experience in not-for-profit accounting. The Financial Controller will report to the President and will be the liaison to the Board of Directors while supervising one accounting staff. The Financial Controller will lead all day-to-day finance operations with functional responsibility for accounting procedures, investments, budgeting, and grants administration. The Financial Controller will be the point of contact for banks, auditors, and tax authorities.
Responsibilities:
Oversee all accounts, ledgers and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
Maintain internal control and safeguards for receipts of revenue, costs, program budgets, and actual expenditures
Consistently analyze financial data and present quarterly and annual financial reports in an accurate and timely manner to the President and Board as requested;
Oversee all financial, program and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period
Establish finance and administrative systems to support operations.
Create organization budget template and department budgets for functional areas, monitor and compare to actual results, identify, explain and report variances as appropriate
Prepare cash flow analysis, and monitoring and forecasting revenues and expenses.
Prepare monthly and annual financial statements and present financial information to other managers, Finance Committee, and Board for review and discussion.
Coordinate all audit activities, preparation of Form 990, and compliance with financial transparency and reporting requirements.
Manage grants and donations received ensuring funds are accurately recorded and expenditures are aligned with gift restrictions
Provide detailed financial information to the Development team for grant proposals and reporting. Regularly review allocation of funds and reconcile the Development records with the Accounting records to ensure all parties have accurate information
Enhance, implement and monitor financial/accounting policies and processes and internal controls; improve the policy and procedure manual
Support development function by tracking and providing information for fundraising proposals, reports, and contracts, and reconciling records.
Requirements:
Must have 5 years minimum in non-profit accounting/finance experience
Bachelor's degree in Accounting required, advanced degree and/or CPA preferred
Must have experience in a senior financial management role
Experience with audit, legal compliance, and budget development
Ability to translate financial information and effectively collaborate with non-finance colleagues
Demonstrated solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, and accounting for investments
Proficient in Microsoft Office, advanced Excel skills; proficient in the use of accounting software (Accountedge), and G-suite
Strong attention to detail and a high degree of accuracy
Bilingual in Korean/English is a plus
Must be eligible to work in the U.S.
Job Type: Full-time
Salary: $75~$80K with 4-day workweek
Location: Work from home and New York Office
Benefits:
401(k)
Dental Insurance
Health Insurance
Vision Insurance
Paid Time Off
Application Instructions:
No phone calls. Please submit a cover letter and a resume to jobs@koreasociety.org with “Financial Controller: Your Name” in the subject line.
