Controller

Application Timeline: Rolling, position open until filled

Location: Remote

Reports to: CFO

Direct reports: 2 (Staff Accountant, Grants Finance Associate)

Employment Status: Full time

Salary: $114,000–$150,000, depending on experience

Preferred Start Date: As soon as possible; priority application deadline Thurs, 8/15

About Blue Forest

Blue Forest is a conservation finance non-profit founded in 2015 that is focused on advancing ecosystem restoration through scientific research, financial innovation, and collaborative partnerships. Since 2018, Blue Forest has managed investor capital through its flagship financial product, the Forest Resilience Bond (FRB), which deploys private capital to finance forest restoration projects to reduce the risk of catastrophic wildfires. More recently, Blue Forest has also established Blue Forest Asset Management (BFAM), an investment management platform connecting investors to compelling, mission-aligned opportunities in a broader set of asset classes beyond FRB projects, such as private equity and private credit investments.

Blue Forest is made up of an interdisciplinary team of scientists, engineers, foresters, finance, and communications professionals committed to the mission: “To accelerate ecological restoration through conservation finance, enabling climate resilience for ecosystems and communities”. Employees at Blue Forest are:

• Committed to Continuous Learning

• Driven by Collaboration

• Thoughtful Innovators for Impact

• Ground in Science

• Passionate about Restoring Earth’s Ecosystems

As we grow and develop new financial solutions to pressing environmental problems, we are seeking to amplify and collaborate with those historically excluded in conservation finance. We recognize that a diverse, equitable, and inclusive organization is not only vital but also a key driver of strength, resilience, and success.

Position Summary

The Controller’s principal responsibility is the oversight of the accounting, financial reporting, and grants finance workstreams at Blue Forest. Primary goals of this position at Blue Forest include the following: (1) provide technical expertise and leadership to complement the strategic finance-oriented CFO, (2) scale and refine the company’s systems, processes, policies, team capabilities, and third-party engagements to support continued growth and complexity in Blue Forest’s businesses and grant funding relationships, and (3) contribute to a reputation of collaboration, diligence, and top-notch execution on the accounting team at Blue Forest. 

Responsibilities & Duties

Accounting and Financial Reporting (50%)

• Oversee all elements of consolidated GAAP accounting and financial reporting for Blue Forest (a 501(c)(3) entity) and its subsidiaries, including monthly, quarterly, and year-end closes

• Manage Blue Forest’s accounting system (currently QuickBooks Online) and related software tools (e.g. Ramp for corporate spend and bill pay)

• Manage accounting team member responsible for AP, reconciliations, transaction processing, and other components of month close (Staff Accountant)

• Maintain multi-entity GL, including tracking of funder allocations, program budgeting, and categorization of spending for Form 990 reporting purposes

• Co-own time & attendance system (currently ClickTime) with HR, and administer time/wage-related policies (e.g. leaves of absence)

• Review and integrate financial statements produced by third-party fund administrators

• Own accounting policies

• Produce and continuously improve financial statements and reports for internal and external audiences

• Run payroll

Grants Finance Management (25%)

• Lead finance workstreams related to government and philanthropic grant funding sources, including grant invoicing, financial reporting, grant budgeting, and grants compliance management

• Design and improve internal systems for disseminating financial information to grant managers throughout Blue Forest

• Create and document spending policies, including with respect to the Code of Federal Regulations (CFR) Title 2

• With CFO, undertake grants finance special projects such as NICRA application and updates

• Manage accounting team member responsible for grants finance tasks (Grants Finance Associate)

Treasury, Audit, and Tax (10%)

• Assist CFO in managing banking and investment relationships

• Develop, implement, and monitor policies and procedures for funds transfers, financial controls, and other elements of financial risk management

• Manage third-party tax engagement (i.e. Form 990)

• Manage third-party audit engagements for Blue Forest and several of its subsidiaries/affiliates, including standard US GAAP audit and federal single audit

FP&A (5%)

• Support CFO in corporate budgeting, planning, and forecasting

• Collaborate with department heads to integrate resource plans and timekeeping data with financial plans

Other (10%)

• Contribute to Finance department strategy, roadmapping, and resource planning

• Oversee elements of HR administration including benefits administration, business registrations, and state-level compliance

• Monitor AP and AR

• Act as internal resource for accounting and finance questions from team members

Additional Information

Blue Forest is a fully remote company with staff located across all four continental U.S. time zones. The Controller will generally be expected to be online during their respective standard working hours in order to collaborate with other team members. Blue Forest also hosts an in-person team retreat each year.

Qualifications

Blue Forest will prioritize the following qualifications in the hiring process; however, we do not expect candidates to fulfill all criteria and encourage all interested candidates to apply.

• CPA

• 8+ years of experience in nonprofit finance and accounting, with strong preference for exposure to federal awards and agreements

• Familiarity with 2 CFR 200, with experience undergoing federal single audit process preferred

• Successful track record managing and motivating people

• Experience in some or all of the following areas strongly preferred:

  • Federal financial awards or cost-share agreements

  • Non-profit accounting

  • Investment fund accounting

  • Consolidating and intercompany accounting

  • Philanthropic grants management and reporting

  • Accounting system change management

  • Accounting/compliance policy development

• Strong proficiency in Microsoft Excel

• Clear written and verbal communication

• Attention to detail, excellent organization, and commitment to accuracy

• Interest in and commitment to environmental conservation and climate resilience

Benefits 

• 100% employer-paid health, dental, and vision coverage; subsidized coverage for dependents

• Access to a 401k retirement plan with a 4% employer match

• Starting 3 weeks paid vacation and 17 paid holidays; paid sick leave and volunteer time

• 3 months of paid family leave

• Employer-paid life and long-term disability insurance

• Access to Dependent Care FSA

• Public Lands Exploration stipend (reimbursements for visits to National Forests, county parks, etc.)

• Monthly Home Office stipend or co-working space provided

• Travel and partial dependant care costs provided for business travel

• Additional stipends for health & wellness; home internet and cell service

• Financial support for professional development
  

COVID VACCINE REQUIREMENT

All Blue Forest staff are required to be “fully vaccinated” against COVID-19, as the Centers for Disease Control and Prevention defines that term. Proof of full vaccination shall be a condition of employment and must be provided prior to starting work, except where prohibited by law. Blue Forest is an Equal Opportunity Employer, and the company will engage in the interactive process regarding reasonable accommodations for candidates who cannot be vaccinated due to a disability/medical condition; a sincerely held religious belief, practice or observance; or a claimed exemption under applicable state law. 

HOW TO APPLY

To apply to this position, please submit an application through recruitee. People from historically underrepresented populations and candidates with non-traditional career paths are especially encouraged to apply. Applications will be accepted on a rolling basis, and those submitted by 8/15/2024 will be given priority consideration.

If participating in the interview process would require you to incur additional expenses to participate, such as childcare, please let us know and we are happy to reimburse for reasonable expenses incurred up to $30/hour for twice the length of each interview in which you participate. There will be space to request this reimbursement upon offer of an interview.

Blue Forest provides equal employment and opportunities for advancement, compensation, training, and growth according to individual merit, without regard to race, color, religion, sex (including pregnancy), national origin, sexual orientation, gender identity, marital status, age, genetic information, disability, veteran-status, or any other characteristic protected under applicable Federal, state, or local law. Applicants must have authorization to work in the United States.