Controller

The Organization

We’re a nonprofit building a platform that collects donations through employer payroll and pays them out to scholarship organizations. We're gearing up for a new federal tax credit that lets any taxpayer give up to $1,700 a year at no net cost.

Stage & proof points:

• Several employers already lined up for the new program
• Team of 10+

‍

The Work

We’re building a product that moves payroll deductions from many employers through Modern Treasury and a bank-held FBO account, then splits and pays them out to each receiving SGO. We’re looking for a Fractional Controller to act as a subject matter expert on all things reconciliation, controls and audit trail for this money flow.

Specifically, you'll:

• Walk our money flow account by account, from employer payroll to SGO payouts, and tell us where it breaks
• Review our draft procedures for each money movement and fill the gaps
• Test how we reconcile payroll files, donor elections, bank deposits and payouts across many employers
• Complete our playbook for exceptions like missing deductions, mismatched amounts and reversals
• Confirm our controls and audit trail will hold up to an audit
• Define which finance tasks Modern Treasury owns and which we own
• Work most closely with our VP of Product

This engagement will start with a tightly-scoped project of around 6 weeks in preparation for our Jan 1 go-live date. Afterwards, the relationship could continue in a part-time or full-time capacity based on need and mutual fit.

‍

About You

You MUST have:

• Been a Controller or finance operations leader at fintech or marketplace tech companies. Treasury operations, payment operations, and internal audit roles could also work.
• Hands-on experience running reconciliation and controls for payment processing, payroll processing, or marketplaces where payments are split between different parties
  
  • In other words, collecting money from many sources, splitting it, and paying it out to many receivers
• Managed money held on behalf of others, such as FBO, trust or client-funds accounts
• Based in the USA only

Nice-to-haves:

• Nonprofit controllership experience
• Experience using Modern Treasury
• An accounting background

‍