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Financial Controller

Full Time
Israel
Posted 1 month ago

Job Title: Financial Controller

 

Location: Hybrid role with office location in the Old City of Jerusalem

Position Summary: Aish, a not for profit located in the Old City of Jerusalem, with a current annual budget of $25m, is looking to hire a Financial Controller to oversee the financial activities of the organization, for both its Israel and US operations, including accounting, financial reporting and compliance. This role requires a strategic thinker with strong analytical skills and the ability to manage a team effectively.

Key Responsibilities:

  1. Financial Reporting:
    • Prepare and present accurate and timely financial statements.
    • Oversee the preparation of monthly, quarterly, and annual financial reports, including monitoring accounting transactions and adjustments.
    • Reviewing monthly and annual business performance, including the review and monitoring all accounting transactions and adjustments (corrections, accruals, deferrals and provisions) & ensuring appropriate use of these in line with accounting rules.
  1. Accounting Operations:
    • Manage day-to-day accounting functions, including accounts payable, accounts receivable, payroll, and general ledger.
    • Review and approve salaries for Israel and the United States.
    • Ensure accurate and timely month-end and year-end close processes.
    • Implement and maintain robust internal controls.
  1. Cash Management:
    • Oversee cash flow management and forecasting including Preparation of the weekly cash-flow report
    • Together with the CFO
      • Ensure efficient utilization of cash resources.
      • Manage relationships with banks and financial institutions.
  1. Compliance and Audit:
    • Coordinate and manage external audits.
    • Maintain and enforce policies and procedures to ensure compliance with internal controls.
  1. Team Management:
    • Supervise and mentor the finance and accounting team.
    • Provide leadership and guidance to team members.
    • Foster a collaborative and high-performance work environment.
  1. Strategic Planning:
    • Assist in the development and implementation of financial strategies.
    • Support long-term planning and strategic initiatives.
    • Collaborate with other departments to achieve organizational goals.

 

  • Other
    • Work together with FP&A function to enable them to be successful in their role.
    • Supporting the Director of Finance of the Educational Institute to manage student payments, scholarships, and review contracts.
    • Providing support for contract reporting to government and external agencies, including ad hoc report production.
    • Lead the Record to Report Transformation stream together with the Project Consultant.
    • Assist in developing and embedding effective finance processes, standards, templates, tools and systems, including process documentation
    • Supporting the requests for set-up of client reporting and Master Data Items
    • Assist, when necessary, in preparing tuition reconciliations and ad hoc finance requests.

Qualifications/Experience:

  • Certified Public Accountant/Chartered Accountant/or equivalent – preferred but not required
  • Minimum of 8 years of progressive experience in accounting or finance, with at least 3 years in a supervisory role and 2 as a Financial Controller.
  • Experience of working in a busy team with the ability to work flexibly in response to changing priorities and deadlines.
  • Proficiency in financial software and ERP systems. Knowledge of Priority preferred but not required
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong leadership and team management abilities.
  • Effective communication and interpersonal skills.
  • English Mother Tongue, Hebrew at Fluent Level (speaking, reading and typing)

 

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