Assistant Controller, Managed Organizations
Arabella Philanthropic Investment Advisors, Llc - Washington, DC

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Arabella Advisors is a dynamic consulting firm dedicated to helping individuals, families, institutions, and corporations make better philanthropic decisions. We believe philanthropy should involve the same strategic analysis and due diligence as financial investments.

Arabella Advisors provides operations and management support to non-profit organizations including a 501(c)(3) public charity named the New Venture Fund which offers domestic and international grant-making services, executes donor-developed projects, and provides full fiscal sponsorship including grant and contract management for innovative public-interest projects. New Venture Fund projects focus on a range of issues including conservation, global health, voter registration, disaster recovery, education and music and the arts. In 2011, New Venture Fund operated with an annual budget of close to $36-million. Arabella Advisors provides similar services to a number of smaller 501(c)(3) organizations with similar philanthropic missions.

A Career with Arabella
Arabella’s core value is to create an outstanding place to work. We are committed to attracting, developing and retaining exceptional people, and to creating a work environment that is dynamic, rewarding and enables each of us to realize our potential. We encourage participatory decision making and collaboration, while always keeping a sense of humor and goodwill. We encourage people to pursue their passions both inside and outside of work, respecting work-life balance.

In keeping with this core value, our firm is committed to providing excellent benefits to our employees. We are also dedicated to creating a fun, flexible and healthy work environment. Arabella offers 100% premium paid health, vision, dental, prescription insurance, long and short term disability, life insurance, personal and volunteer leave time, strong participation in an organization retirement plan, fitness benefit, pre-tax commuter benefit and more.

Position Description

Arabella Advisors seeks a dynamic, organized and detail oriented self-starter to serve as Assistant Controller to support the management of routine accounting operations and detailed project reporting for New Venture Fund and our other managed organizations. The assistant controller shall be responsible for the oversight of full-cycle accounting procedures for several of New Venture Fund’s individual client programs. The successful candidate must have a strong understanding of nonprofit accounting practices and financial controls and must be able to work well in a fast-paced environment. This position is based out of our Washington, DC office


Review journal entries for assigned client programs, projects and sub-projects

Perform/review routine GL account reconciliations as part of monthly closing procedures for all programs and projects

Review semi-monthly payroll and 401(k) funding for approximately 35 program staff; ensure accuracy and compliance with annual reporting requirements.

Produce monthly, quarterly and annual program and project financial reports for donor review, as well as ad hoc analyses upon donor request

Prepare schedules to support financial audits and preparation of Form 990 and other tax/regulatory returns

Ensure compliance with federal grant reporting requirements.

Manage project budget tracking and cash flow management

Oversee and support accounts payable and receivable processes relating to assigned programs and projects

Manage 1099 reporting and vendor records

Assist the Controller and Program Director with special projects

Required Skills



Bachelor’s degree in accounting/finance/nonprofit administration required;

Master’s Degree in accounting/finance/nonprofit administration preferred

Professional certification preferred

Experience and Skills

Five or more years of relevant professional experience in non-profit organizations, including oversight of annual audit and preparation of federal Form 990 and supporting schedules

Experience managing federal grants/contracts (including USAID)

Experience with compliance with federal lobbying rules and regulations

Proficiency with accounting software (Microsoft Dynamics GP/Management Reporter preferred) and Excel spreadsheets

Experience managing staff responsible for full-cycle GL, AP, AR and payroll processes

Strong attention to detail and accuracy

Solid analytical and problem-solving skills

Ability to manage and meet deadlines for multiple projects simultaneously

Excellent verbal and written communication, including the ability to communicate complex financial matters to non-financial personnel

Ability to work within multi-functional teams

Experience in philanthropic or consulting environments a plus




Entrepreneurial spirit







Sense of humor

Required Experience

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