Senior Director of Finance

The New York Opportunity Network • New York, NY

114d • $108,896 - $123,000

About The Position

The Opportunity Network seeks a Senior Director of Finance to oversee all financial management, including accounting duties, and to advise and steward the organization on areas of financial health and sustainability. This position will develop processes and protocols for all finance-related transactions. The Senior Director of Finance will be responsible for reviewing and analyzing all aspects of internal and external financial reporting, as well as the full scope of budgets and internal system reports. This position will lead in maintaining a culture of compliance, ethics, and integrity, while maintaining strong internal controls and complying with GAAP and other professional standards. The Senior Director of Finance will report to the Chief Operating Officer (COO) and be a strategic thought partner to the Chief Executive Officer (CEO) and Chief Development Officer (CDO). The successful candidate will be a hands-on and participative manager who will lead and develop the Finance team to support finance, business planning, budgeting, and administration. In addition, they will collaborate cross-functionally with teams, with emphasis on Operations, People and Culture, and Development. The Senior Director of Finance will directly supervise the Assistant Director of Finance and Grants Administration.

Requirements

• Significant experience in progressive financial leadership, preferably in a non-profit or social justice organization.
• At least 8 years of demonstrated experience in managing organizational budgets of at least $10M, including grant-funded activities.
• Strong knowledge of GAAP and nonprofit accounting standards.
• Advanced Excel skills and experience in building and managing financial software systems such as QuickBooks, Bill.com, Expensify, Salesforce, and ADP Workforce Now.
• Experience working closely with senior management and Boards, and ideally in a multi-cultural and multi-ethnic work environment.
• Proven ability to uphold high standards of performance for themselves and their team with a strategic and problem-solving vision while upholding the highest standards of financial and regulatory compliance.
• A solid sense of judgment with the ability to navigate complex financial and organizational decisions with integrity and discretion.
• Strong analytical and problem-solving skills with the capacity to adapt to changing priorities.
• The ability to translate complex financial information to diverse audiences in an accessible manner.
• Degrees in accounting, business, or nonprofit management are a plus.
• Strong people and organizational management skills, with a track record of developing strong and engaged performers and coaching others on how to motivate and inspire teams.
• Strong proficiency in Google Suite (Docs, Sheets, Slides, Gmail) and Dropbox.
• A demonstrated commitment to social, racial, and economic justice.

Responsibilities

• Maintain knowledge of Generally Accepted Accounting Principles (GAAP) and statutory accounting principles, and stay current with changes in accounting regulations for reporting and compliance.
• Analyze and present financial reports accurately and on time; clearly communicate monthly and annual financial statements; and oversee all financial, project/program, and grants accounting.
• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors, and assess any necessary changes.
• Oversee and lead the annual budgeting and planning process in conjunction with budgeting managers; administer and review all financial plans and budgets; monitor progress and changes; and keep the Enterprise Leadership Team (ELT) abreast of the organization’s financial status.
• Produce financial models and scenarios that support sound institutional decision-making for the ELT.
• Manage organizational cash flow and forecasting.
• Effectively communicate and present the critical financial matters to the board of directors.
• Implement a robust contracts management and financial management/reporting system; ensure that the contract billing and collection schedule is adhered to, and that financial data and cash flow are steady, supporting operational requirements.
• Oversee the finance team in updating and implementing all necessary business policies and accounting practices; lead the team in improving the finance department’s overall policy and procedure manual.
• Maintain relationships with financial institutions providing services to the organization (banks, investment firm, accounting firm, insurance companies, etc.) and assist the Board/Board Treasurer/CEO as needed.
• Work closely and transparently with all external partners, including third-party vendors and consultants.
• Collaborate with the Operations team to evaluate, select, and bind corporate insurance policies, ensuring proper liability coverage (D&O, cybersecurity, etc.).
• Collaborate with the Operations team to determine and manage administrative budget line items, which include IT expenses, travel, food, supplies, staff appreciation, etc.
• Collaborate with the People and Culture team to evaluate, select, and administer employee benefit policies.
• Manage the organization’s 403b plan with the plan administrator and the pension consultant.
• Collaborate with the Development team to reconcile the timing and receipt of projected revenue.
• Collate financial reporting materials for all donor segments, resulting in accurate internal and external reporting.
• Participate in organization-wide learning sessions, working groups, and optional affinity groups.
• Attend weekly team meetings, All Hands meetings, All Staff meetings, team retreats, and annual institution-wide retreat.

Benefits

• Medical coverage (health, dental, and vision)
• HRA
• Flexible Spending Account
• Family leave (up to 100% coverage for twelve weeks)
• Life insurance
• Retirement benefits
• 403(b) retirement benefit program
• Generous time off from work (through a combination of vacation, sick, and holidays)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 11-50 employees