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The Partnership for New York City is a nonprofit organization whose members are the city’s pre-eminent business leaders and employers of more than 1.5 million New Yorkers. We build bridges between the leaders of global industries and government, drawing on the resources and expertise of business to help solve public challenges, create jobs and strengthen neighborhoods throughout the five boroughs.
The Controller will manage and perform accounting and other financial responsibilities of The Partnership and its affiliated organizations. The Controller supervises the financial support staff and reports directly to the CFO.
- Ensures compliance with Accounting policies and procedures and the accuracy of financial statements by reviewing all accounting records for the Partnership and its affiliated organizations including monthly closing, general ledger reconciliations and account analyses.
- Supervises the financial support staff.
- Oversees the Payroll function – includes reviews and maintains payroll reports and related subledger.
- Prepares annual operating and capital expenditure budgets and monthly budget vs. actual financial report.
- Prepares Form 990s for the Partnership and its affiliated organizations.
- Prepares workpapers for bi-monthly/bi-annual State and City lobbying reports.
- Takes a lead role in coordinating audit field work and prepares annual audited financial statements with independent public accountants.
- Responsible with Human Resources department in preparing for annual post-retirement financial audit including financial statements.
- Provides support for the Audit and Finance Committee. Attends Committee meetings with CFO.
- Monitors expenditure of restricted funds and prepares and issues financial reports and other compliance information consistent with public and private grant requirements.
- Complies with local, state and federal government reporting requirements and tax filings including FASB ASC Subtopic 715-60.
- Assists in maintaining sound internal controls.
- Maintains an awareness and understanding of new accounting, tax, and regulatory developments.
- Demonstrates a clear understanding of GAAP.
- BS/BA Degree in Accounting, MBA or MS in Accounting preferred
- CPA certification preferred, but not required
- Minimum 5-10 years hands on accounting experience, some not-for-profit experience preferred
- Some supervisory experience
- Ability to work independently, make decisions and exercise good judgment
- Excellent people, communication and organizational skills
- Proficient in Microsoft Office
- Strong Excel skills
- Payroll experience required, Paychex experience a plus
- Great Plains General Ledger System experience desired but not required
This position may be partially remote during the COVID-19 pandemic.
The Partnership for New York City is deeply committed to providing equal employment opportunities to all individuals without regard to age, race, creed, color, national origin, sexual orientation, gender identity, gender expression, transgender or intersex status, military status, sex, disability, predisposing genetic characteristics, marital status, familial status, caregiver status, domestic violence victim status and intern status or any other characteristic or status protected by applicable law.
If you are interested in this position, please forward your resume to: firstname.lastname@example.org
Co-head of FinTech Innovation Lab New York
Co-head of FinTech Innovation Lab New York
The Partnership Fund was founded by Henry Kravis in 1996 and capitalized by New York’s global leaders of business and finance who invested $1 million each in a venture that would require their money, time and influence to promote business development and job creation in the city’s growth industries and to extend opportunities to participate in the economy to all of the city’s residents and neighborhoods. The Partnership Fund has $170mm under management and is the investment arm of the Partnership for New York City.
The FinTech Innovation Lab is one of the signature programs of the Partnership Fund for NYC. Founded in 2010 in partnership with Accenture, the FinTech Innovation Lab New York provides early- and growth-stage fintech and insurtech companies with unparalleled access to the world’s leading financial institutions. The Lab was established to help make New York a leader in fintech and grow technology jobs by leveraging the concentration of large financial services institutions and deep domain expertise in New York. To date, companies that have participated in the FinTech Innovation Lab have raised more than $1.2 billion and completed more than 240 pilot programs, and 13 of the companies have been acquired.
The Co-head of the FinTech Innovation Lab will report to the CEO of the Partnership Fund for New York City. The individual will be responsible for planning, directing and executing the activities of the FinTech Innovation Lab (FIL) working closely with senior executives at financial institutions, management teams of emerging tech companies and the venture community. The Co-head of the FinTech Lab will ensure all Lab goals and objectives are achieved and continue to increase the visibility of the Lab online and offline. The individual will also lead outreach into the entrepreneurial and venture community to source high quality companies for the Lab.
Lead all aspects of the FinTech Innovation Lab from recruitment of applicants, selection process to determine the Lab class, organizing mentorship and other events during the program through Demo Day. Includes:
- Recruitment: Lead outreach to the relevant tech communities (fintech, enterprise, insurtech) to recruit candidates to apply for the programs, including meeting investors, entrepreneurs and other key stakeholders in the fintech and insurtech spaces. Organize panels and other events to raise the visibility of the program within the fintech, insurtech and NYC enterprise tech communities. Participate on panel discussions in partnership with other organizations.
- Screening: Manage the initial review of the applicants, coordinate the review of relevant candidates with the participating financial institutions (FI) and VCs. Organize and manage the selection of finalist companies recommended by the participating corporates and VCs.
- Launch: In coordination with the Partnership’s events team, organize and execute launch events to introduce each set of program companies to the relevant participants.
- Orientation: Conduct orientation sessions for program tech companies as well as orientation sessions with other program participants.
- During Program: Work with the events team to schedule and attend the first meetings between Lab companies and financial institutions and prepare the companies for those meetings; Manage the schedule of Office Hours, Workshops and other content sessions with industry executives; Convene periodic meetings and calls for the representatives of the participating financial institutions/mentors/VCs to assess progress on an interim basis; Convene periodic meetings for program tech Companies.
- Demo Day: In coordination with Partnership’s events team, organize and execute Demo Day for program tech companies to present to audience of VCs, senior financial institution executives, mentors and press. Includes coaching sessions with program tech companies and all execution of event logistics.
- Post Program: Schedule and manage feedback sessions for the program tech companies and calls with the participating corporates/mentors/VCs. Proactively develop ways to support graduates post program, including relevant introductions to partners and visibility within Partnership network.
- Other: Plan and execute events that support past graduates of the programs.
- Lead negotiations with selected program tech companies on warrant coverage taken by the Fund.
- Work with SVP and CEO of the Partnership Fund on review and approval of any direct investments made by Partnership Fund in graduates of the FinTech Innovation Lab.
- Work closely with the reporting team to track financial and operational progress of all Lab companies, including internal and external reporting to FIL investors, Partnership Fund board and external constituents.
- Manage communications to ensure smooth, timely and efficient operations of the program.
- Collaborate and coordinate with the Partnership Fund marketing /PR resources to identify opportunities for positive positioning of the program in traditional and social media.
- Public Relations/Social Media/Web presence – Develop and deploy a public relations and social media strategy and enlist support with implementation; maintain and update the program websites.
Diversity & Inclusion
- Support the development of the Fintech Fellows Program, focused on providing access to underrepresented technology talent in financial services
- Increase outreach to ensure the Lab opportunity is presented to diverse founders
- Proactively remain informed and current on competitive landscape and key trends in fintech and digital health spaces.
- Work closely with Partnership Fund CEO to deepen relationships with participating corporates.
- Work collaboratively with Accenture, which is the Fund’s partner in the FinTech Innovation Lab.
- MBA preferred (but not required) and at least 5-7 years’ work experience in investing/finance and/or business development post business school.
- Some financial services experience preferred.
- Experience and passion for the NYC start up ecosystem a plus.
- Excellent quantitative/analytical and negotiation skills.
- Excellent writing, communication, marketing and organizational skills.
- Skillful at building relationships with senior executives. Able to manage relationships with Partnership Fund network, entrepreneurs and Partnership staff.
- Business knowledge: Able to understand business issues and incorporate appropriately.
- Able to work in a small staff environment. Willing to perform, and where needed assume responsibility for, organizational tasks.
- Experience with engaging stakeholders and increasing reach digitally
To listen to an info session about the position, you can find a recording of the session here.
After learning more about the opportunity, if the role is of interest and a strong fit, we ask that you submit your resume and answer a few questions here to be considered for the next round of evaluation. We will be evaluating these on a rolling basis through October 6 so please submit your application accordingly (the earlier the better).
Posted 9/16/2020, updated 9/29