Our Vision & Mission
We envision a world in which all people have access to high quality and enduring solutions to improve and maintain their health and well-being. MCD Global Health aspires to be a premier partner of choice and a recognized leader, innovator, and trusted partner in healthcare and public health program development, implementation and evaluation. Our mission is to improve the health and well-being of people worldwide through enduring, high-quality, cost-effective, and universally accessible public health solutions. MCD operates impactful programs both in the U.S.A. and internationally.
POSITION SUMMARY:
Reporting to the Chief Operating Officer (COO), the Controller will be accountable for oversight of all corporate and project finance, accounting, and financial reporting activities. As the leader of the Finance and Accounting team, the Controller is involved in supporting presentations to the Board of Finance Committee and works closely with executive and senior leadership.
The Controller will lead all day-to-day finance operations for an organization with a budget of approximately $35M and lead a team of five to six staff members, with two direct reports. Finance operations include functional responsibility over project accounting and financial reporting and analysis, as well as corporate accounting, accounts payable, accounts receivable, payroll, corporate insurance, annual audit, budget, and treasury. The Controller will ensure that MCD has the systems and procedures in place to support effective project implementation and have successful audits. They will partner closely with project leaders and their staff, not only to train them regarding finance and accounting procedures but also to explore how the finance function can better support project operations.
LOCATION AND WORK ENVIRONMENT: The primary location of this position is remote/home based. Although job responsibilities may require periodic travel to meetings, conferences, training, etc. Employees may opt for a hybrid arrangement if they are within commuting distance to our Hallowell, ME office.
PAY GRADE: Grade 8 (Maine pay range: $104,000-$130,000). Salary will vary by geographical location.
JOB REQUIREMENTS:
Financial Oversight:
Manages all finance operations, including accounting, accounts payable, accounts receivable, payroll, and grants administration. Oversees all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards, and FASB standards unique to nonprofits (e.g., ASC 958) and regulatory requirements, as well as individual donor requirements. Maintains internal control and safeguards for receipt of revenue, costs, and project budgets and actual expenditures.
Policies and Procedures:
Develops, implements, and ensures compliance with industry best practice and government regulations. Develops departmental policies, procedures and protocols, and ensures continuous quality improvement. Incorporates diverse perspectives in developing, implementing and evaluating policies and services.
Donor and Corporate Financial Reporting:
Prepares and presents accurate financial reports to senior leadership and the Board, ensuring timely communication of financial status and trends. Consistently analyzes financial data and presents financial reports in an accurate and timely manner; clearly communicates monthly, quarterly, and annual corporate and project financial statements; and monitors progress and changes and keeps senior leadership and project management abreast of MCD’s corporate and project financial statuses. Supports the COO in engaging the Board’s Audit and Finance committees around issues and trends in financial operating models and delivery.
Corporate Budget Management:
Leads the annual budgeting process, comparing actual results to financial plans, and identifying variances for corrective action. Develops the overarching annual budget planning process and timeline. Assists MCD’s leadership in the annual budgeting and planning process. Administers and reviews all financial plans and compares to actual results with a view to identify, explain, and correct variances as appropriate. Presents the final draft budget to the board and committee for approval.
Internal Controls & Audit Coordination:
Conducts risk assessments and identifies controls in place to mitigate identified risks. Coordinates and leads all audit activities and ensures compliance with regulatory requirements and internal controls. Primary point of contact with the auditors.
Corporate Insurance:
In collaboration with relevant parties at MCD, reviews the annual renewal of corporate insurance policies, making sure the organization has appropriate coverages. Once reviewed and approved by the COO and CEO, binds the policies with the insurance broker.
Team Leadership:
Supervises finance staff, providing guidance and support to enhance their skills and performance. Partners with the COO and the rest of the management team to ensure that the focus remains on the organization’s mission while maintaining the culture that makes MCD unique. Provides timely constructive feedback and formal assessment of performance of direct reports.
Collaboration:
Works closely with project leaders to train them in finance and accounting procedures, ensuring alignment with project operations.
Project (Grant) Accounting:
Oversees all financial, project, and grants accounting functions. Ensures that expenditures are consistently aligned with project budgets throughout the grant/fund period; and collates financial reporting materials for government, corporate, and foundation grants. Uses Blackbaud NXT for accurate financial tracking, reporting, and reconciliation of government, corporate, and foundation grants. Leverages Blackbaud NXT to maintain transparency, improve financial oversight, and ensure compliance with funder-specific requirements. Continuously collaborates to assess the financial efficacy of project operations and establishes finance and accounting systems to support project operations. Trains project staff as needed (e.g., in financial reporting, expense reports, and time sheets).
Negotiated Indirect Cost Rate Agreement (NICRA): Prepares, submits, and negotiates (when necessary) the annual NICRA proposal in collaboration with the Senior Manager of Corporate Finance and Accounting.
Treasury:
Manages organizational cash flow forecasting by working in partnership with the Corporate Senior Manager of Finance and Accounting and the project directors. Acts as the primary liaison with banking institutions to manage and resolve day-to-day operational issues. Manages and tracks the performance of invested assets in keeping with policies and investment guidelines. In collaboration with leadership, transfers assets within the portfolio to MCD bank accounts as requested. Oversees the investment account(s) of the organization.
Supervisory:
Accountable for recruitment of direct and indirect reports. Leverages strengths of the current finance team members, helps to clarify roles and responsibilities, and develops and implements training to maximize and reach optimal individual and organizational goals. Creates and promotes a positive and supportive work environment. Delegates activities to maximize departmental performance.
