Director of Finance

JOCRF•Boston, MA

28d•$110,000 - $130,000•Hybrid

About The Position

Small national non-profit aptitude testing and career counseling organization seeks experienced Director of Finance to be responsible for financial operations. Nonprofit experience is crucial. The ideal candidate will have experience with: Defined benefit and supplementary 403(b) pension plans Government employment and tax regulations Financial controls and interaction with outside auditors Managing investment funds, in conjunction with financial planners Health benefit plan with HSA 990, 5500, 3-ABC and other forms Reviewing office leases, basic human resources policies, and other business matters The Director of Finance is responsible for safeguarding and maximizing financial assets as well as conducting proper GAAP accounting by establishing sound financial policies, procedures, controls and reporting systems. This position ensures legal and regulatory compliance for all accounting, financial, and human resource reporting functions as well as any other organizational need in this regard as required. They oversee cost and general accounting, accounts receivable/payable, payroll, audit, budget and risk management functions. They will manage and oversee the professional development of departmental staff. They will report to the President and work closely with the senior management team and the Board of Trustees, as well as with external stakeholders, vendors, and representatives from our finance partner organizations. An ability to write and organize business data in reports for others is highly desired, as is the ability to articulate financial matters precisely to non-financial co-workers.

Requirements

Bachelor’s degree in a business, financial or related field or equivalent work experience.
5 or more years of senior level experience in managing the finance department of a small to medium-sized organization
Defined benefit and supplementary 403(b) pension plans
Government employment and tax regulations
Financial controls and interaction with outside auditors
Managing investment funds, in conjunction with financial planners
Health benefit plan with HSA
990, 5500, 3-ABC and other forms
Reviewing office leases, basic human resources policies, and other business matters
An ability to write and organize business data in reports for others is highly desired, as is the ability to articulate financial matters precisely to non-financial co-workers.

Nice To Haves

Master’s degree in a business, financial or related field or equivalent work experience.
10 or more years of senior level experience in managing the finance department in a small to medium-size organization with non-profit exposure.

Responsibilities

Guides financial decisions by establishing, monitoring and enforcing policies and procedures.
Oversees all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
Protects assets by establishing, monitoring and enforcing internal controls.
Maximizes return on investments by conferring with finance partners.
Provides status of financial condition of the company by collecting, interpreting and reporting key financial data on a routine basis to the senior executive team and the board of trustees.
Ensures compliance with federal, state and local legal requirements by researching existing and new legislation, consulting with outside advisors, and filing required reports for both financial and human resource functions. Advises senior executive team of actions and potential risks.
Oversees the annual audit and communicates with auditors to ensure timely audited financials.
Manages the annual budget process in coordination with the senior executive team and department leaders
Hires, trains, develops and appraises staff effectively. Takes corrective action as necessary on a timely basis and in accordance with company policy.
Keeps up-to-date on information and technology affecting functional area(s) to increase innovation and ensure compliance.