Compensation Overview

Next Street aims to help small businesses facing disproportionate barriers realize their potential. With a track record of nearly 20 years, we design and implement solutions that connect entrepreneurs and small business owners with the right resources at the right time. Next Street accelerates the impact of institutions and advisors on small businesses and provides millions of business owners with the experts, tools, and capital they need to thrive.

We have an extensive network of small business advocates, operators, and investors. We know that when small businesses excel, their neighborhoods, cities and our economy do, too.

Next Street is a certified B-corporation that is committed to becoming an anti-racist organization to represent the small businesses we strive to serve. Through this commitment, inclusivity is part of our DNA. We are happy to celebrate that we are well on our way, with 80% of our team identifying as women and/or people of color.

Learn more here: https://nextstreet.com/racial-equity/.

Next Street is a special place to work. Our values are instilled in every aspect of our work:

• We work to challenge systems of injustice through our anti-racist ways of working
• We bring our whole selves to work and strive to create authentic joy every day 
• We utilize creativity and curiosity to put bias toward action in our work
• We are interwoven and empower each other through collaboration and established trust
• We encourage entrepreneurship and always put small businesses first, both internally and externally
• We grow sustainably and encourage learning through career and professional development

Join us, and together, we will live into our values, pursue fulfilling careers, and transform our society.

Why this Role?

Next Street, a certified B Corporation committed to empowering small businesses and advancing racial equity, is seeking an experienced and purpose-driven Controller to manage our financial operations. As a key member of our 70-person team, you will play a critical role in ensuring the financial health and sustainability of our organization, enabling us to maximize our positive impact.

Reporting to one of the co-CEOs and collaborating closely with our People + Culture and Executive Leadership teams, you will oversee accounting operations, drive financial strategy, and implement processes and controls that reflect our values of transparency, accountability and operational excellence. This is an exciting opportunity to leverage your financial expertise to help build a more just and equitable economy.

Your work will consist of…

Accounting Operations & Compliance

• Oversee core accounting functions including AP, AR, GL, payroll, month-end close and year-end reporting
• Manage cash/working capital on a day-to-day basis
• Ensure compliance with GAAP, B Corp standards, regulatory requirements and internal policies
• Manage annual audit process and tax filings in partnership with external accounting firm
• Implement and strengthen internal financial controls to protect company assets and integrity
• Supervises key reconciliation processes
• Ensure proper reconciliation of balance sheet to external capital raise and cap tables

Financial Management & Strategy

• Manages balance sheet and corporate finance in alignment with corporate goals and company operating agreements
• Serve as a strategic thought partner to the executive team on financial planning, budgeting, cash flow management and risk mitigation
• Develop and monitor annual and project-based budgets, including actual to budget variance analysis, in alignment with our B Corp values and strategic priorities
• Prepare timely and accurate financial statements and reports to drive sound decision-making
• Work with FP&A partner to analyze financial data to identify trends, variances and opportunities for efficiencies and impact

Process Improvement & Automation

• Partner with Head of Operations to streamline financial processes and drive operational efficiencies as we scale our impact
• Optimize use of accounting software (QuickBooks) and integrate financial data flows with other key systems (CRM, expense management, etc.)
• Ensure proper and ongoing financial updates are made to equity cap tables and equity ownership software (e.g. Carta)
• Document and improve financial policies, procedures and workflows

Team Collaboration & Leadership

• Oversees and manages accounting personnel (internal and external, as appropriate)
• Work collaboratively with external partners (e.g. legal counsel, outsourced finance partners, lending institutions, investors, etc.) that work on, or support, various finance and accounting goals
• Develop annual objectives and key results (OKRs) for finance and accounting initiatives
• Translate complex financial concepts to non-finance colleagues to build organization-wide financial acumen and accountability
• Partner with People + Culture team on compensation planning, benefit administration and HR compliance
• Embody and promote our B Corp values of anti-racism, authenticity, action-orientation, collaboration and entrepreneurship

Why you?

• Passion for B Corp values and leveraging finance as a tool for social impact
• 8-10+ years of progressively responsible accounting & financial management experience, ideally in mission-driven organizations; CPA required
• Deep knowledge of GAAP, financial planning & analysis, budgeting, risk management and accounting best practices
• Advanced QuickBooks proficiency and experience with financial process automation
• Exceptional analytical and problem-solving skills with strong attention to detail
• Excellent communicator able to build trust and collaborate effectively with diverse teams
• Self-starter with strong project management skills and ability to drive results in a fast-paced, entrepreneurial environment
• Commitment to advancing diversity, equity and inclusion through your work

What we offer:

We want our team members to bring their best, true selves to work every day. We will offer you:

• Benefits Package – We know you work hard, and we want to reward you for it. We offer competitive salaries and generous benefits packages (including 401k and paid parental leave) for mission-driven work.
• Generous paid time off – We want to ensure you have time to recharge and pursue your many passions. We give our team members 20 days of paid time off annually, including federal holidays, volunteer days and more!
• Mentorship and Sponsorship – You will have frequent access to our diverse and dynamic senior team. They will be committed to your growth and will invest in mentoring you.
• Career development – We take growth seriously. We give each team member an annual professional development stipend and provide ample coaching.
• Flexibility – It is important that you work when and where you work best. We offer flexible work arrangements to accommodate individual schedules and work preferences. This includes a low travel mode during non-pandemic times.
• Social events and perks – We admire and value our teammates. We plan events throughout the year and provide office snacks so you can perform your best every day and more!

 Next Street believes in an equitable and transparent compensation approach. The starting salary for this role is $167,400 - $181,100 regardless of location and commensurate with experience. You will be eligible to participate annually in Next Street’s discretionary incentive program. For new hires, Next Street targets the start of the salary band, although considerations could be made based on job knowledge, skills, and experience. As part of our Antiracism commitment, Next Street uses a pay scale approach and transparent methodology to advance staff within a compensation band based on performance.

Next Street is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability status, protected veteran status, or any other protected characteristic.

Note: We are unable to sponsor or take over sponsorship of an employment Visa at this time.