Controller

Position Description

Title: Controller

Hours: Full-Time

Department: Finance

Classification: Exempt

Reports to: CFO

Created On: 4/2026

Pay Range: $123,294-$184,940

Location: Minneapolis/Hybrid

Organizational Overview

The Minneapolis Foundation drives collective action to realize strong, vibrant communities. The Foundation cultivates generosity by taking action on the greatest civic, social, and economic needs—partnering with nonprofits, facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a difference in their communities.

Our Approach to Talent & Culture

We strive to employ a team -especially leaders- who are culturally competent and reflect the makeup of the communities we serve. Overall, we cultivate a culture that is aligned with our core values. Our goal of fostering a culture of collaboration, excellence, and respect while ensuring accountability among all members of our organization is reflected in our talent acquisition and management strategies.

Position Overview

The Controller is a key position on the Finance team to ensure that the team follows GAAP, maintains and safeguards the assets of the Foundation, and provides accurate and transparent reporting. This position provides assistance and support to the Chief Financial Officer in all financial matters and oversight of daily work of the finance team. Additionally, the Controller manages the annual audit and tax return process. The Controller collaborates with all levels of Foundation staff to provide excellent service to internal and external clients. This position will ensure and report on the timeliness of transaction processing on the finance team. The Controller manages, trains, and provides guidance to one or more Staff Accountants performing the majority of daily financial activities.

Principal Duties and Responsibilities

• 50 % Manage monthly, quarterly and annual close process, and create and run financial statements for the Foundation and its support organizations
• Supervise asset liquidations, transfers, and cash flow requirements
• Prepare ad hoc reports for CFO and other internal and external clients
• Review and maintain the depreciation schedule for the Foundation’s fixed assets
• Prepare yearly spending levels for endowed funds and other year-end processes
• Review and approve Foundation accounts payable and grants
• Prepare adjusting and reconciling journal entries quarterly or as needed
• Field questions from internal staff related to accounting and budgeting
• Attend and participate in Finance and Audit Committees
• 30% Ensure accuracy of all general ledger accounts in accordance with GAAP
• Ensure compliance with federal, state, and local regulations, as well as National Standards for U.S. Community Foundations.
• Maintain robust internal controls, policies, and procedures to mitigate financial and operational risk.
• Work with team and IT department on continuous improvement and efficiency, implementation of new systems and safeguards
• 20% Assist Chief Financial Officer to prepare and monitor annual budget
• Prepare audit schedules and coordinate with the audit team to provide assistance and reconciliations as needed for field work
• Prepare or oversee, review and file certain necessary tax forms
• Work with auditors to review audited financial statements, footnotes and consolidating financial schedules
• Implements new accounting pronouncements
• Responds to various internal and external questions and triage of requests

Qualifications for Success

• Education: BS degree in Accounting, Finance, Mathematics or related field from an accredited four-year university is required.
• Experience: Minimum of 5 years relevant experience
• Other Requirements/Skills: CPA or MBA desired (or similar relevant experience), Proficient in Word processing, spreadsheets, accounting software, general ledger, accounts receivable, accounts payable, email, banking and similar software. Adept with technology and process improvement. Specific software experience with Oracle Netsuite, Salesforce and/or GiveInteractive software is of additional value.

Supervision Responsibilities

One or more staff accountants (to be determined).

Working Conditions

Most of the work in this position is performed in a general office setting and the successful candidate must be able to work at a PC for extended periods of time. We are a hybrid organization typically working 2 days a week in the office.

Encouragement Statement

At The Minneapolis Foundation, we believe that diverse experiences and perspectives are crucial to our success. We understand that not every candidate will meet every single qualification listed in the job description, and that is perfectly okay. We encourage you to apply if you’re excited about the opportunity and feel you can bring valuable skills and experiences to the role. We value potential and a willingness to learn just as much as formal qualifications. If you’re passionate about Non-Profits or this specific role and believe you can contribute to our team’s success, we want to hear from you. Don’t hesitate to apply and share how your unique background and abilities align with our needs. Join us in creating an inclusive and dynamic workplace where everyone’s talents are recognized and appreciated.

The Minneapolis Foundation is an Equal Opportunity Employer