127 applicants

Company

New Leaders · 3 days ago

Executive Director, Finance

United States

Full-time

Remote

Director/Executive

10+ years exp

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Education Management

Hiring Manager

Anise Ross, M.S.

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Responsibilities

Support the CFO in cash flow planning and forecasting, providing regular updates on cash flow to support organizational liquidity and financial stability.

Direct treasury operations; support investment and banking relationships and oversight.

Ensure that internal controls are robust and that compliance with regulations is maintained across all financial activities. Lead the enforcement of finance policies and procedures and internal controls, including analyzing, maintaining, documenting, and updating all finance policies, procedures, and internal controls. Oversee implementation of new and existing finance policies, procedures, and internal controls with the Finance team. Report any internal controls issue to the CFO.

Support the CFO in providing regular updates to the Board of Directors and Board Finance Committee.

Support the CFO in operationalizing the annual internal budgeting process.

Partner with the CFO in developing key financial performance metrics for the organization and monitoring and reporting on progress against those metrics.

Partner with the CFO on executing the organization's multi-year financial strategy.

Identify and lead initiatives in pursuit of the organization’s strategic goal of financial sustainability.

Partner with the CFO to provide strategic financial insights and recommendations to guide executive leadership decision-making.

Lead the design, enhancement, and continuous improvement of financial processes and systems to meet organizational needs, including in the areas of cash management, accounts receivable, accounts payable, month-end close, financial reporting, and financial operations. Drive automation and technology-driven improvements to streamline processes and enhance accuracy. Ensure financial systems and processes are aligned with organizational goals and support sustainable growth.

Develop and maintain Profit & Loss (P&L) statements and ensure they are aligned with the strategic financial goals of the organization.

Build financial models to support decision-making and provide accurate short-term and long-term forecasts across multiple types of funding sources, including federal, state, and local government; private foundations; earned revenue; and others. Engage with the External Relations team and other teams to ensure the accuracy of forecasts. Support the strategic goal of financial sustainability through informed, data-driven insights.

Manage annual external audits, interfacing with external auditors, responding to requests and inquiries from the auditors, coordinating across teams to collect and provide accurate information in a timely manner, and supporting the CFO in interacting with the Board Audit Committee.

Oversee internal accounting, ensuring compliance with GAAP, and updating internal processes as needed in alignment with new pronouncements and IRS updates.

Review and approve all journal entries.

Lead revenue recognition and recording processes. Coordinate with other teams on accounts receivable aging.

Provide timely and accurate financial reports to the CFO, Chief Executive Officer, and management. Oversee all areas of the monthly, quarterly, and yearly closing processes. Research and correct discrepancies according to GAAP.

Oversee the preparation of the annual Form 990.

Manage the preparation and submission of the annual indirect cost rate proposal to the federal government.

Oversee updates to and compliance with New Leaders’ financial accounting manual.

Support a collaborative team culture that operates effectively within the organization's values and culture.

Model behaviors of a high-performing, results-driven team member.

Serve as a key liaison between finance and other departments to ensure alignment with business goals and effective communication of financial data.

Performs other duties as assigned.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Accounting degreeNon-profit accountingCPA certificationFinancial leadershipCash flow managementFinancial reportingP&L preparationFinancial forecastingGAAP knowledgeInternal controlsProcess improvementTreasury operationsInvestment managementNot-for-Profit Revenue RecognitionComplianceCoaching finance teamsERP systemsFinancial modelingAccounting softwareRisk managementFinancial system designFederal grant requirementsCollaboration skills

Required

Bachelor’s degree required; degree in accounting, finance, or a related field strongly preferred.

A minimum of 10 years of relevant professional experience required.

A minimum of 4 years of non-profit accounting experience required.

CPA certification required.

Proven experience as a financial leader or senior finance manager with at least 3 years in a similar role.

Demonstrated ability to work well with people from a wide diversity of demographic and cultural characteristics.

Passionate belief in academic excellence for every student, aligned with New Leaders' mission.

Strong background in process improvement and demonstrated ability to rework and optimize financial operations.

Experience overseeing cash flow management, treasury operations, and investment management.

Expertise in financial reporting, P&L preparation, and financial forecasting.

Extensive knowledge of Generally Accepted Accounting Principles, with an emphasis on Not-for-Profit Revenue Recognition.

Strong understanding of internal controls, compliance, and risk management.

Demonstrated success in coaching and leading finance teams toward high performance and operational effectiveness.

Proficient in ERP systems, financial modeling, and technology solutions for finance.

Experience working with high-level accounting software.

An understanding of internal control procedures including experience in maintaining and documenting accounting procedures.

Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations.

Strong collaboration skills with the ability to work with multiple partners and peers across the organization to achieve project and operational results.

Effective problem-solving skills and the ability to exercise sound judgment and decision making.

High level of integrity and dependability with a strong sense of urgency and results-orientation.

Travel may be required on occasion aligned to New Leaders’ Travel and In-Person Activities policy.

Preferred

Experience with financial system design and optimization, including ERP implementation or system upgrades.

Knowledge of federal grant requirements and experience with management of federal grants strongly preferred.

Benefits

Employees may be eligible for merit awards, bonuses, and/or commissions depending on their role, organizational guidelines, and individual performance.

Employees regularly scheduled to work 20 or more hours per week are eligible to participate in the New Leaders Health Benefits and Wellness Program.

Medical plan options, dental care, and vision

401K plan for eligible employees

Generous paid-time-off (PTO) benefits