Controller
Client: Middle East Broadcasting Networks, Inc (MBN)
Television website: http://www.alhurra.com/index.aspx
Radio website: http://www.radiosawa.com/english.aspx
Location: Washington DC
Reports to: The Chief Financial Officer
PRIMARY FUNCTION: The Controller is primarily responsible for corporate finance and reporting within the organization. Areas of responsibility include financial reporting, taxation, collections, disbursements, internal and external audits, and cash flow. The Controller is responsible for establishing accounting polices and procedures ensuring that each office is meeting required statutory procedures and following US GAAP accounting, and is adequately protecting the assets of the organization. The Controller supervises accounting and payroll activities and staff, and manages cash resources. Reporting directly to the Chief Financial Officer, the Controller assists the CFO in directing the domestic and overseas financial management activities of MBN. In addition, the Controller works closely with the Budget Officer to support the CFO to accomplish the fiscal and administrative duties of the position. The Controller assists the CFO in his/her custodial and management responsibilities for all corporate funds.
DUTIES/ RESPONSIBILITIES:
The Controller will ensure all accounting transactions comply with generally accepted accounting principles. Maintain an adequate and effective system of accounts, to safeguard assets, and to maintain a system of internal controls that will assure the integrity of the General Ledger and the production of proper financial statements while at the same time minimize the risk of irregularities or fraud.
· Provide day-to-day support and oversight to the financial operations of MBN.
· Accurate and timely processing of accounts payable, purchase orders, petty cash, employee expense reports, cash management, and payroll.
· Development and dissemination of financial management reports including, but not limited to, internal and external monthly financial statements, and annual auditable financial statements.
· Timely preparation and filing of all V.S. and State corporate tax returns and reports.
· Establishment and maintenance of controls which verify the integrity of all systems, processes and data.
· Assuring complete compliance with (1) Federal and State Corporate regulatory requirements, (2) requirements and conditions contained in MBN's grants from the Federal Government, and (3) requirements imposed on federal grantees by the Office of Management and Budget.
· Conduct monthly, quarterly and annual closing of MBN's financial operations timely and in compliance with GAAP. Establish monthly closing schedule that will result in the generation of a month end general ledger and basic financial statements no later than 10 working days following the end of each month. Year-end procedures must be designed so as not to interrupt month end closing cycle.
· Perform/supervise timely reconciliation of subsidiary ledgers, fixed asset records, prepaid and deferred revenues and expenses, bank statements, etc. with general ledger control accounts. Accounts must be in "Auditable'' condition throughout the year.
· Assure accurate posting of all transactions through monthly review and analysis of the general ledger and all financial statements. Report any material errors to the CFO.
· Monthly review of accounts payable reports to assure that a consistent and timely payment program is operating effectively.
· Review travel expense reports to ensure compliance with MBN policies.
· Maintain adequate segregation of duties to ensure the integrity of the internal control systems.
· Calculate foreign exchange gain/(loss) in compliance with GAAP, when applicable.
· Assist with coordination and management of all audits.
· Maintain and reconcile all bank accounts worldwide and issue a cash flow forecast on a monthly basis.
· Perform internal audits to ensure all regions are adhering to policies and procedures and have adequate internal controls in place.
· Effective communication with legal, auditing, and professional representatives on all financial matters.
OTHER DUTIES:
The Controller provides administrative supervision to the accounting office. This includes: approving leave requests; assigning and approving work performed; assessing performance; and making recommendations to the CFO for salary increases, promotions, performance awards, and training.
Work is often performed in a fast paced environment.
The incumbent may be asked to perform additional duties and take on other responsibilities as dictated by events and circumstances.
QUALIFICATION/EDUCATION and/or EXPERIENCE REQUIREMENTS:
· CPA, Bachelor's degree in Accounting or Finance
· 7 - 10 years of "hands-on" accounting managerial experience
· Experience in nonprofit organization with Federal Government Grant is a plus.
· Strong general ledger, accounts payable, disbursement, payroll, income tax and banking working know ledge required.
· Must demonstrate; keen problem solving skills, knowledge about the management of a multi-million dollar financial operation, management skills that support a participatory team environment.
· Proficiency of English language required.
· Advanced Excel skills, computerized accounting applications, and Cost Point experience is preferred.
· Candidates must have experience with accounting in a multi-currency environment.
· Be fully competent in GAAP, FASB, and Government Contracting Regulations including Cost Accounting Standards, Federal Acquisition Regulations, GSA Acquisition Manual and related compliance regulations.
· Ability to manage multiple complex tasks in a fast-moving environment.
· Ability to respond swiftly to different demands from the business and from senior management.
· Ability to effectively communicate (verbal and written) information to senior management.
· Ability to manage work in an organized and efficient manner, using effective prioritization skills.
· Self motivated and driven to achieve.
The duties listed above are intended only as illustrations of the various types of work that may be performed, The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change. REV 712008
Application Process: Please send via email a cover letter explaining how you believe your skills and experiences meet the needs of the position and the organization along with an updated copy of your resume/CV to:
Patrick Shields
Global Recruitment Specialists
501 Westport Avenue, Suite 285
Norwalk, CT 06851 USA
Phone: 203-899-0499
Email: Shields@globalrecruitment.net
Web: http://www.globalrecruitment.net
To see a complete list of current positions GRS is recruiting for its clients visit:
http://www.globalrecruitment.net/positionsavailable.html