The Organization
The Colorado Trust
The Colorado Trust is a grantmaking foundation dedicated to ensuring all Coloradans have the opportunity to thrive. When the nonprofit PSL Healthcare Corporation was sold to a for-profit organization in 1985, the proceeds of the sale were used to create The Colorado Trust. Since then, The Colorado Trust has provided funding and resources to people and organizations across Colorado that are working to make positive changes in their communities. We work side by side with Coloradans, including people who have been left out of decision-making and are directly impacted by hardships. The Colorado Trust also provides grants and support to organizations advocating for local and statewide policies that have a positive impact on people’s well-being.
The Colorado Trust strives to maintain a diverse workforce that reflects the communities we serve.
Position Overview
The controller serves as an employee at will of The Colorado Trust. In that capacity, the controller shall have responsibility for collaborating with and assisting the vice president & chief financial officer (CFO) in supervising and coordinating the financial functions of The Colorado Trust.
Responsibilities
The primary responsibilities of the controller are to:
- Supervise and coordinate the financial and accounting functions
- Manage accounting staff
- Manage the preparation of the annual capital and operating budgets
- Manage the preparation of the Finance Department budget
- Ensure accuracy of accounting for all grants and program-related investments
- Manage the execution of investment purchases and redemptions
- Maintain the accuracy of the investment portfolio
- Manage effective commercial banking relationships and investment manager relationships
- Supervise and coordinate preparations for the annual audit
- Establish a cash management system, including timely reconciliation of bank accounts
- Supervise preparation of all required tax reports and payment of required state and federal taxes
- Assist the CFO in preparing for investment and audit committee meetings of the board of trustees
- Prepare analyses of portfolio performance returns
- Ensure expenditures are paid and recorded in a timely manner
- Establish, monitor and enforce effective internal controls
- Manage a documented system of accounting policies and procedures
- Manage the preparation of all financial reporting, including annual financial statements and monthly reports during the year
- Analyze financial results as well as specific trends or issues
- Manage the preparation of regular forecasts of financial information including cash flows, budget/actual expenditures and grant expenditures
- Assist with the preparation and reporting of the funding forecast and fund balance projections
- Manage organization insurance policies, including annual renewals and assessment of coverage
- Respond to inquiries regarding accounting and finance in a timely and accurate manner
- Represent The Colorado Trust as required to external and internal constituencies
- Serve as primary backup to the CFO
- Carry out such other duties as shall be assigned.
Supervisor Relationship
The person designated to provide supervision of this position is the CFO. The controller shall take direction in all matters relating to carrying out duties and responsibilities in this position description from the CFO. The controller is expected to be a key advisor to the CFO.
Qualifications and Personal Attributes
- Bachelor’s degree in finance or accounting; CPA or CMA required
- Minimum of 7 years accounting and finance experience
- Previous supervisory skills with a minimum of 5 years managing staff
- Excellent project management skills
- Ability to select, manage and operate accounting computer hardware and software, including management of the links between accounting software packages
- Understanding of Generally Accepted Accounting Principles and auditing standards within the context of a private foundation
- Ability to read, understand and extrapolate key financial information from custodian and individual investment manager reports
- Passion for and commitment to The Colorado Trust’s health equity vision, and its mission of advancing the health and well-being of the people of Colorado
- Ability to communicate effectively and respectfully with people of diverse backgrounds, especially across race, ethnicity, gender and class
- Commitment to issues of community, diversity, equity, integrity and fairness
- Comfort serving collaborative teams of colleagues both on-site and in remote locations
- Ongoing commitment to improving skills and knowledge acquisition
- Ability to handle confidential issues with discretion
- Action-oriented, self-starter who can work well independently and in teams
- Ability to effectively manage time and meet deadlines
- Comfort creating and adhering to organized systems within flexible and dynamic community environments
- Ability to maintain a cooperative, supportive and amiable relationship with other members of The Colorado Trust’s staff and board of trustees
- Thorough understanding of The Colorado Trust’s legal environment and tax-exempt status
- Ability to exhibit a facility for clear, concise and honest representation of The Colorado Trust through all forms of communication and in all forums
- Thorough understanding of The Colorado Trust’s organizational structure and the interaction of the separate functional elements of the foundation (i.e., executive, finance, evaluation, communications and administration)
- Ability to maintain a confidential stance with respect to the business and affairs of The Colorado Trust and those with whom it has relationships
- Leadership skills such as to invite and sustain the confidence of The Colorado Trust board and staff, and to promote the credibility of The Colorado Trust in the community at-large
- Understanding of and ability to communicate The Colorado Trust’s mission, vision and values.
Physical Demands
The controller must be able to perform the following functions, with or without accommodations:
- Office work
- Extended periods of sitting or standing
- Travel for occasional offsite meetings
- Operate a computer, phone, copier and other typical office equipment.
Work Environment
The controller position operates primarily in a quiet Denver-based office environment where temperatures are regulated.
Salary and Benefits
$163,500 annually. The Trust offers its employees a comprehensive and competitive benefits package, including medical and dental insurance, a retirement plan, group life insurance and paid time off.
How To Apply
To Apply
Please apply via The Trust’s online application system. Registration is not necessary to use this system. Document uploads may be required. The application system is currently only available in English; applicants who would prefer to apply in Spanish may apply via email if needed. All other applications must be received via the online application system. Please contact us with any questions you may have.
The deadline to apply for this position is 5 p.m. MST on Friday, July 29, 2022.
The Trust seeks talented, team-oriented individuals, dedicated to our goal of advancing the health and well-being of the people of Colorado. Additionally, as an Equal Opportunity Employer, we welcome a diversity of perspectives and experiences among our staff. For more information, please visit www.coloradotrust.org.