Controller & Director of Accounting
Position Summary
Candid is a nonprofit that provides the most comprehensive data and insights about the social sector. We get you the information you need to do good. Candid currently has an opportunity for a Controller & Director of Accounting. The Controller & Director of Accounting plays a critical role in overseeing Candid βs accounting operations and financial reporting processes. Reporting directly to the Chief Operating and Financial Officer (COFO), this position is responsible for overseeing all aspects of accounting operations, GAAP financial reporting and providing support to the COFO. The Controller leads a team of six accounting professionals and oversees the accounting operations supporting an annual operating budget of approximately $37 million and an organization of approximately 150 staff, with revenue spanning contributions, grants, and earned subscription products.
Position: Controller & Director of Accounting
Reporting to: Chief Operating & Financial Officer
Supervises: Senior Accountant, Senior Accounting Manager & Assistant Controller
Schedule: 35-hour work week, Monday through Friday
Compensation : $130,000 - $160,000 (this range is for the NYC area and will be adjusted for other localities; additionally, factors like skills and experience will be considered).
Location: Remote. In-person attendance is expected twice per year during our annual, weeklong all-staff summits. Additional in-person meeting participation is expected at least once per quarter for senior leaders and at least once per month for the executive team. Staff not located in the NYC area are expected to travel for these meetings.
Benefits : Health insurance (medical, dental, vision), retirement contribution with additional option for a match, paid life insurance and AD&D, paid leave time (PTO, compassionate leave, volunteer, holiday, parental), short-term and long-term disability, pre-tax transit, flexible spending accounts, supplemental insurance, summer hours, and Public Service Loan Forgiveness (PSLF) program eligible employer.
Applicants for this position must be legally authorized to work in the United States without employer sponsorship, now or in the future.
Responsibilities
- Oversee the day-to-day operations of the accounting team, including accounts payable, accounts receivable, general ledger, and payroll.
- Manage the month-end and year-end close processes, ensuring accuracy and timeliness of financial reporting.
- Own revenue recognition across Candid βs revenue streams β including subscription and other earned-revenue products, contributions, and grants β ensuring consistent application of ASC 606 and ASC 958, accurate deferred revenue balances, and appropriate contribution-versus-exchange-transaction determinations.
- Oversee grant and contract accounting, including tracking of net assets with and without donor restrictions, release of restrictions, funder budget-to-actual reporting, and compliance with grant terms and applicable federal award requirements.
- Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
- Coordinate and manage external audits, sales tax filings, and other regulatory compliance requirements.
- Manage treasury operations, including cash forecasting, banking relationships, and support of the investment and reserve policies in coordination with the COFO and the Finance and Audit Committee.
- Develop and maintain accounting policies, procedures, and internal controls to ensure compliance with GAAP and regulatory requirements.
- Drive continuous improvement across the accounting function by regularly evaluating existing workflows, identifying opportunities to automate and streamline manual processes, and leveraging system tools and AI to strengthen controls, shorten close cycles, and improve the accuracy and timeliness of financial data.
- Provide financial analysis and insights to support strateg
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