Posted: September 19, 2011

COMPANY PROFILE:
NOLA Business Alliance is a start-up not-for-profit corporation that serves as the City of New Orleans’ official public-private partnership for economic development. Our organization is tasked with developing the strategic economic development plan for the city with a focus on business retention & expansion, retail attraction and corporate relocation. Our 17-member board is comprised of civic and business leaders who represent diverse interests including higher education, government, for profit and not-for-profit organizations.

DESCRIPTIONS OF PROGRAMS:
NOLA Business Alliance currently operates on a $2 million dollar budget. All employees are paid on a bi-weekly basis through an outside payroll service. The financial records are maintained on an accrual basis.

FUNCTION OF WORK:
Responsible for assisting in all aspects of accounting services such as data entry, end of period reporting, bank reconciliation, accounts payable/receivables while also performing the duties apropos to a Chief Financial Officer, including, but not limited to, creating cash flow projections, financial reporting and analysis, creating and maintaining the monthly financials, and working closely with the Chief Executive Officer in maintaining a well-balanced budget.

Responsible for establishing a strong financial and operational foundation, which should include, implementing and training relevant parties on the financial and operational policies and procedures, creating financial models that are aligned with the organization’s annual goals, and negotiating prices with vendors.

Services to be provided, but not limited to:

1. Provide staffing to perform accounting services / finance related services.
2. Prepare all bank account reconciliations monthly.
3. Create a customized Fiscal Policy and Procedure Manual
4. Maintain a system of accounts receivable and accounts payable.
5. Maintain the General Ledger/Maintain vendor accounts.
6. Lead the due diligence and selection process of the Organization’s retirement plan and health benefits.
7. Establish relationships with a property insurance company, payroll processor, custodial service and other third party service providers as necessary.
8. Manage procurement processes for third party vendors.
9. Work closely with third party service providers to ensure accurate billing of services, reconcile open issues and negotiate cost reductions.
10. Establish a solid financial model.
11. Develop strategies for increasing cash flow and maintaining a positive cash position.
12. Manage fundraising list.
13. Prepare the necessary financial statements required for the annual audit.
14. Provide any financial reports and projections as required by NOLA Business Alliance.
15. Process all bills for payment on a bi-weekly basis / Process all revenues.
16. Generate monthly reporting for NOLA Business Alliance’s Board of Directors. Present the financial results at the monthly board meetings.
17. Provide the CEO with monthly summary reports of cash flow.
18. Process bi-weekly payroll and post all payroll expenses to the payroll accounting system.

As the Controller, the incumbent is directly responsible for the organization, assignment and analysis of the Accounting, Purchasing, and Accounts Payable functions in order to provide smooth and timely financial services to the organization. The work is performed in accordance with the City, State and Federal laws, policies and procedures and is reviewed on the basis of results and outside independent audits, both Federal and State. The management and accounting functions cover a multiplicity of accounting functions, including budgeting, fund disbursement, cost accounting, internal auditing, revenue collection, expenditure control, accounts payable and program analysis.

Prepares financial statements and reports, including Monthly Expenditure Analysis, for use by management, the Executive Committee to the Board of Directors and the Board of Directors.

Directs the development, implementation and monitoring of the annual operating budget.

Evaluates employees’ performance, approves leave and overtime requests, reviews, investigates and recommends disciplinary actions and trains and provides necessary information for new employees of the Finance Department.

Directs the preparation and issuance of the Annual Financial Statements for the New Orleans Business Alliance as required.

Evaluates program effectiveness and efficiency as it relates to maximizing revenue collections and optimizing the utilization of personnel resources.

Interacts and confers with the Board of Directors, Executive Committee to the Board of Directors, the New Orleans City Council and the City of New Orleans Mayor’s office.

Serves on organizational committees in the design and implementation of new reporting systems, revenue enhancement techniques and in the enhancement and modification of existing systems.

Interprets and applies budgetary requirements for allowable inclusions and assists the President & CEO in the evaluation of priority needs for the organization.

Reviews, updates and complies with organizational policies and procedures, interprets and applies other complex Federal and State rules, regulations and guidelines to ensure compliance.

Serves as a member of the Senior Team, with the President & CEO and other senior leaders. Informs and confers with the senior leaders and department heads relative to the fiscal impact of current and proposed policies and procedures.

SUPPLEMENTAL INFORMATION:
Criminal background check mandatory. Reference verification required.

For more information or other positions available at New Orleans Business Alliance, please contact the following individual:

New Orleans Business Alliance
Human Resources – Ida Halliburton
365 Canal Street, Suite 2300
New Orleans, LA 70130
Phone: NO PHONE CALLS PLEASE!

New Orleans Business Alliance is an equal opportunity employer.