Director of Finance

The Director of Finance is responsible for managing the financial operations of the organization, ensuring the organization’s financial health and sustainability. This role will oversee all financial reporting, budgeting, forecasting, Investment accounting, grants accounting, procurement, treasury, financial analysis, and compliance requirements. This position will work closely with the Executive Director and Board of Directors to develop and implement financial strategies that support the organization’s mission and goals.

Key Responsibilities:

• Develop and implement financial strategies that support the organization’s mission and goals
• Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis, utilizing QuickBooks, Excel, etc.
• Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems.
• Prepare and present financial reports to the Executive Director and Board of Directors, providing analysis and recommendations as needed. 
• Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements. 
• Manage relationships with external partners, including banks, auditors, and other financial service providers - including lessors, investment companies, insurance providers, and renewals.
• Budgeting and Forecasting
• Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets
• Monitor actual performance against budget and provide regular updates and analysis to the Executive Director and Board of Directors
• Develop and maintain financial forecasting models that support long-term financial planning and decision-making
• Review and provide financial guidance for the enrollment process, taking into consideration government funding and tuition revenue per student.
• Responsibilities also include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
• Strategic Planning and Leadership
• Work closely with the Executive Director and senior leaders to develop and implement strategic plans and goals that support the organization’s mission and vision, and expansion
• Lead the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization
• Provide leadership and mentorship to the finance team, fostering a culture of continuous improvement and professional development
• Collaborate with other senior leaders to develop and implement strategies that support the organization’s mission and goals
• Board Relations and Reporting
• Report on the financial performance of the organization to the Board of Directors, including regular updates on budget performance, forecasts, and financial risk and opportunities 
• Provide support and leadership for the Finance Committee and the Investment Committee.
• Collaborate with the Executive Director and Board of Directors to develop and implement financial policies and procedures that align with the organization’s values and strategic goals
• Represent the organization at internal and external events and meetings, providing financial guidance and support as needed
• Complete confidential strategic assignments for the Board of Directors
• Tax Filing and Compliance
• Oversee all tax filings and compliance requirements, ensuring that the organization complies with all relevant laws and regulations
• Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements

Qualifications and Education Requirements

• Bachelor’s degree in accounting, Finance, or related field required
• Proficiency in QuickBooks and Excel is required, along with recent experience.  
• Experience in other accounting, CRM, and payroll software systems preferred.
• MBA or CPA preferred
• At least 10 Years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization preferred
• Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance 
• Strong leadership and management skills, with experience building and leading high-performing teams
• Excellent analytical, problem-solving, and decision-making skills
• Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders
• Passion for the mission and work of the organization
• Passionate interest in mentoring others and working as a team
• Attention to detail; multi-tasking