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Obama Foundation · 6 hours ago

Director of Accounting & Financial Reporting

United States

Full-time

Remote

Director/Executive

$130K/yr - $162K/yr

10+ years exp

The Obama Foundation is dedicated to inspiring, empowering, and connecting people to create positive change in their communities. The Director of Accounting and Financial Reporting will manage the financial operations of the Foundation, ensuring accurate financial reporting and compliance with US GAAP while leading the accounting team and collaborating with various departments.

AssociationNon Profit

Responsibilities

Directs the preparation, review, and analysis of monthly, quarterly, and annual financial statements; provides insight and analysis related to the financial performance of the Foundation, including variance analysis, dashboards, performance drivers and key metrics

Serves as the primary technical resource for the Foundation; researches and interprets complex accounting standards and tax regulations to ensure the proper treatment of diverse revenue streams, restricted gifts, and capital assets

Responsible for day-to-day management of the banking and treasury functions; monitors the performance of the Foundation’s investment portfolio

Establishes and maintains a framework of internal controls and financial policies to safeguard assets, mitigate risk, and ensure the reliability of financial data

Leads the continuous improvement of accounting workflows and financial systems, ensuring they remain scalable and efficient as the Foundation’s programming and operational complexity evolve

Owns the relationship with external auditors and tax firms, overseeing the timely completion of the annual audit and the accurate filing of all IRS returns and benefit plan filings

Manages and mentors the accounting staff, fostering a culture of professional growth, accountability, and high performance to support the Foundation’s long-term financial needs

Partners with leadership in Development, Operations, and Legal to provide financial expertise and support for institution-wide initiatives and board-level reporting

Qualification

GAAP expertiseIRS compliance knowledgeFinancial reportingInternal controls managementPublic accounting experienceTeam leadershipMath skillsBachelor's degreeCPA preferredAttention to detailMentoringCommunication skillsCollaboration

Required

Minimum of ten (10) years' experience in public accounting and/or financial management at large, complex not-for-profit organizations; previous 501c3 and cultural institution experience a plus, although not required

Deep expertise in GAAP, specifically regarding net asset classifications, revenue recognition for non-profits and cultural institutions, endowment accounting, and capital asset accounting

Proven experience managing the annual audit process and a strong working knowledge of IRS nonprofit compliance, including Form 990/990-T and payroll/benefit plan regulations (403b)

Demonstrated success in maintaining and optimizing internal controls and financial systems

Proven ability to translate complex financial data into clear, actionable reports for non-financial stakeholders and Board committees

Excellent math skills and attention to details

Exceptional ability to lead and mentor a professional accounting team

Bachelor's degree in Accounting or Finance is required; CPA strongly preferred