Excellence Community Schools · 2 months ago
Director of Finance (NY)
Bronx, NY
Full-time
Onsite
Lead/Staff, Director/Executive
$150K/yr - $150K/yr
5+ years expExcellence Community Schools (ECS) is a Charter Management Organization supporting schools in the Bronx, NY. They are seeking a Director of Finance to manage financial resources, oversee budgeting and forecasting, and ensure compliance with financial policies and procedures.
Higher Education
Responsibilities
Manages Financial Resources
Performs Planning, Budgeting, Forecasting – Develops and maintains budget policies and procedures; prepares periodic budgets and plans; prepares periodic forecasts; performs cost accounting and control; performs inventory accounting
Performs Financial Reporting – Prepares departmental financial statements; prepares consolidated financial statements; performs departmental reporting/ review management reports; performs consolidated reporting/ review of cost management reports; prepares statements for board; produces quarterly/annual filings and public reports produces regulatory reports
Performs General Accounting – Manages policies and procedures; negotiates service level agreements; establishes accounting policies; sets up and enforces approval limits; establishes common financial systems; maintains chart of accounts; processes journal entries; processes allocations; posts and reconciles interagency transactions; reconciles general ledger accounts
Processes Accounts Receivable (AR), Adjustments, Expenses – Establishes AR policies; prepares AR reports; manages and processes collections; manages and processes adjustments and deductions; serves as a liaison with the City to process payroll
Evaluates and Manages Financial Performance – Evaluates program and services effectiveness; determines and measures cost drivers; determines critical activities; evaluates new programs and services; manages continuous cost improvement; operates controls and monitors compliance with internal controls policies and procedures; designs and implements control activities; monitors control effectiveness; remediates control deficiencies; creates compliance function; operates compliance function; collaborates with Director of Research to perform return on investment analyses
Capital Planning – Implements practices and procedures for capital planning, approval and implementation of expenditure plans and budgets; assists in the development of capital projects
Processes Accounts Payable (AP) – Verifies AP pay file with purchase order vendor master file; maintains/manages electronic commerce; audits invoices and key data into AP system; approves payments; processes financial accruals and reversals; processes payroll taxes; researches/resolves payroll exceptions; processes payments
Bids, Contracts and RFPs – Administers bidding process and contracts for vendor performance/compliance within established policies (e.g., prepare specifications, evaluate bids, recommend vendors, conduct bid meetings, etc.) for the purpose of securing items and or services; manages RFP process for facilities and facilities management services
Coordinates with and responds to Board of Education, City Departments and other internal and external Boards
Represents the School as needed
Qualification
Required
Bachelor's degree in business, management, finance and/or accounting
Minimum five (5) years successful experience in management of fiscal/accounting departments
Knowledge of federal, state, and local laws, policies, and procedures related to charter schools, specifically related to school budgets required
Strong record budget development/administration & understanding financial resources
Excellent oral and written communication skills and a proven track record of working collaboratively with multiple and diverse constituencies
Preferred
Experience in education sector preferred
Strong internal and external communications, interpersonal and problem-solving capabilities
Benefits
Health Insurance, Dental, Vision
403B Retirement Plan - Employer Match
Paid Time Off/Paid Sick Leave/Parental Leave/FMLA
Short-term, Long-term Disability benefits and Life Insurance
$5000/year Tuition Reimbursement
Company
Excellence Community Schools
Excellence Community Schools (ECS), is the charter management organization supporting a network of 17 schools including co-educational elementary and middle schools at Bronx Charter School for Excellence 1-5 and Stamford Charter School for Excellence, and the single-gender Public Prep schools, Boys Prep, Girls Prep, and Girls Prep II.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Denniston Reid
Co-Chief Executive Officer
Vikas Kaushal
Chief Financial Officer
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