Job Description

Latino Economic Development Center

The Latino Economic Development Center (LEDC) is a non-profit community development organization founded in 1991. LEDC’s mission is to serve as a catalyst that drives the economic and social advancement of low-to-moderate-income Latinos and other underserved communities by equipping them with the skills and tools to achieve financial independence, acquire personal and business assets, and create generational wealth. We achieve our mission through small business development and financing, homeownership counseling, tenant services, and affordable housing preservation. 

Position Summary

LEDC has experienced tremendous growth in the last couple of years. To better support the Chief Financial Officer (CFO) the Controller at LEDC will serve a key financial leadership role responsible for overseeing the day-to-day financial operations and ensuring the accuracy, integrity, and compliance of the organization's financial activities. The Controller reports directly to the CFO and plays a crucial role in maintaining the financial health of the organization. The Controller will lead a team of 4 professionals responsible for various financial functions. This is a hybrid position based in Washington DC.

Essential Job Duties/Responsibilities

• Oversee the preparation and accuracy of financial statements, budgets, and other financial reports in compliance with GAAP and relevant financial regulations.
• Collaborate with the CFO in providing timely and accurate financial data for decision-making.
• Oversee the organization's general accounting functions, including accounts payable, accounts receivable, and payroll.
• Ensure the proper recording of all financial transactions, reconciliations, and maintenance of financial records.
• Assist the CFO in ensuring compliance with federal funding regulations, including single audits, and other grant-specific requirements.
• Prepare and coordinate documentation for annual financial audits, including the preparation and coordination of schedules including SEFA for the A-133 audit and the annual Form 990 process.
• Manage and maintain financial systems and internal controls to safeguard the organization's assets.
• Identify opportunities for process improvements and implement best practices in financial operations.
• Lead a team of financial professionals, including but not limited to the Accounting Manager, Senior Accountant, Accounts Payable Administrator, and Accounts Receivable Specialist.
• Provide mentorship and professional development opportunities to team members.
• Assist in the development of the organization's annual budget in collaboration with the CFO.
• Monitor departmental budgets and work with department heads to ensure financial targets are met.
• Participates in all LEDC fundraising activities and processes, which are primarily proposal/grant based.
• Identify and assess financial risks and propose mitigation strategies.
• Identify and assess internal control and propose strategies to safeguard the organization's financial assets.

Minimum Qualifications

• Bachelor’s degree in an accounting, financial, or related field or equivalent work experience that demonstrates the requisite knowledge to perform the duties of the job
• A minimum of 5 years of financial management experience, with at least 2 years in a supervisory role
• Strong knowledge of GAAP, financial regulations, and federal grant compliance
• Strong analytical and problem-solving skills.
• Excellent communication and leadership abilities.
• Commitment to the organization's mission and values.

·       Ability to work collaboratively with diverse teams and stakeholders

Preferred Qualifications

• Bachelor’s degree in an accounting, financial, or related field or equivalent work experience that demonstrates the requisite knowledge to perform the duties of the job
• Experience with Sage Intacct software

·       Bilingual (English/Spanish)

·       CPA or other relevant qualification is a plus

Salary

Salary for this role ranges between $115,000 to $125,000 based on experience. Competitive Benefits program (health and life, dental, vision). To apply, please e-mail a resume and cover letter to our CFO, Isis Salmeron isalmeron@ledcmetro.org

LEDC is an EEO employer committed to providing equal employment opportunities to all applicants and employees. In accordance with applicable laws, regulations, and Executive Orders, LEDC takes affirmative action to ensure that applicants and employees covered are not discriminated against because of their race, color, religion, national origin, sex (gender), age, disability, pregnancy, marital status, sexual orientation, personal appearance, gender identity or expression, family responsibilities, political affiliation, veteran status, genetic information, or any other characteristic that is protected by applicable law. For more information about your equal employment opportunity rights, please view this poster: EEO is the Law. LEDC also participates in E-Verify.

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