Fast Facts
An experienced Senior Director of Finance is needed to oversee financial systems and processes, ensuring compliance and strategic alignment within a nonprofit organization.
Responsibilities: Manage budgeting, financial reporting, and compliance; oversee accounting operations and maintain financial controls; provide strategic guidance to the executive team.
Skills: Expertise in Sage Intacct and Salesforce, strong analytical and communication skills, with knowledge of GAAP and FASB standards.
Qualifications: MBA or equivalent experience with CPA preferred; minimum of 8 years in senior operational roles in nonprofit or private sector finance; experience with change management required.
Location: Arlington, VA, US; required to be in the office one day per week, with priority for candidates from the DC Metro area.
Compensation: $150000 - $155000 / Annually
Job Details
Job Location: 2111 WILSON BLVD SUITE 300 - ARLINGTON, VA
Salary Range: Undisclosed
Description
POSITION SUMMARY
Reporting to the Chief Operating Officer (COO), the Senior Director of Finance will oversee the financial systems, processes, and internal controls to support strategic objectives. The Senior Director is responsible for oversight, including, but not limited to, budgeting, auditing, accounting, financial reporting, investment and cash flow oversight, financial policies and procedures, insurance coverage and compliance, and asset reporting.
As a senior leadership team member, the Senior Director of Finance will also be involved in a range of strategic planning and internal initiatives. The Senior Director will work closely with the senior leadership team and act as the liaison to the board of directors' finance committee, working closely with the committee to strengthen ISTE+ASCD's financial position and other items as required. The Senior Director will continually evaluate best industry practices compared to internal systems and needed resources, with an eye toward future needs and budget realities. This position will have direct management responsibility for a small internal team and oversee the outsourced accounting function for ISTE+ASCD.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
Leadership and Strategy
- Serve as a member of the organization's senior leadership team and participate in organization-wide strategy-setting, problem-solving, and decision-making.
- Operate as a key support and thought partner on all financial matters.
- Manage all aspects of our outsourced finance and accounting functions and team and vendor relationships.
- Oversight of the organization's auditors, bankers, and advisors on financial and investment matters.
- Partner with the Chief People and Diversity Officer and team to ensure relevant fiscal governance policies, practices, and procedures are in place, kept current, and evenly applied.
- As needed, provide financial training for staff, fostering a workplace culture where respect and a diversity of views flourish.
Finance Administration
- Develop and maintain financial accounting, revenue and expense forecasting, business planning, and reporting models.
- Prepare and report on operating budgets and cash flow projections to the Executive team, Finance Committee, and Board of Directors.
- Responsible for all finance and accounting policies and policy updates.
- Oversee cash flow and all reconciliations, including bank, benefits, payroll, and miscellaneous accounts.
- Actively manage all daily accounting and financial operations, including payroll reconciliation and ensuring journal entries are posted in a timely manner.
- Set financial targets to analyze business performance and risks, and direct the accounting procedures and systems necessary to maintain proper records and internal controls.
- Ensures timely and accurate budget reports for department heads and budget owners.
- Prepares financial reporting for grant activities.
- Oversee programs and statutory audits.
- Oversee all tax and charitable returns, filings, and related reports.
- Oversee local, state, and federal governance, insurance, and reporting requirements.
- Ensure organization-wide compliance with funding agreements' financial aspects and internal financial and accounting policies.
- Partner with budget owners on the development and implementation of new business models.
- Other special projects as assigned.
PRIORITY WILL BE PROVIDED TO CANDIDATES LIVING IN THE DC METRO AREA (MD, DC, or Northern VA); you will be REQUIRED to come into the Arlington, VA office one day per week.
Salary Range: $150,000.00 to $155,000.00
Qualifications
Knowledge
- MBA or equivalent experience in a professional accounting designation (CPA) is a plus.
- Knowledge of GAAP and relevant FASB standards/updates.
- Familiarity with geographically dispersed organizations and a remote work environment (e.g., Zoom, Slack, etc.).
Skills and Abilities
- Must have experience with Sage Intacct and Salesforce, as well as mastery of Excel.
- Excellent analytical, communication, and presentation skills.
- Self-directed and comfortable working autonomously.
- A can-do mindset with a strong commitment to delivering results.
- Personal integrity and excellent judgment.
Critical Success Factors / Leadership Attributes
- Must be able to create value for the organization.
- Possesses the ability to make meaning by keeping others well-informed on the big issues.
- Can hire and cultivate talent who are strong contributors to the organization.
- Applies learning by seeking new learning from a variety of disciplines and addressing obstacles immediately and directly.
- Recognizes the importance of acting together by encouraging imagination and creating opportunities for others to step up and contribute.
- Executes accountably by creating clear plans to achieve goals and monitoring costs, progress, and results.
- Continuously reinvent by demonstrating the ability to change.
- Leads self by setting a personal example of authenticity and inspiring others to want to follow his or her lead.
Experience
- A minimum of 8 years in progressively senior operational roles within nonprofit/501(c)(3) or private sector organizations with experience in nonprofit accounting and financial systems.
- Experience in change management, including implementing new organizational systems, processes, practices, and related information technologies.
WORK ENVIRONMENT
- Normal demands associated with a deadline-drive office environment.
- The noise level is generally quiet to moderate.
- Daily contact with external customers, vendors, colleagues, associates, supervisors, and staff at all levels of the organization.
- Requires a stable workspace with reliable internet access.
PHYSICAL DEMANDS
- Ability to remain at a desk for extended periods of time.
- Ability to communicate and exchange information with others.
- Ability to move about to coordinate work in areas of varying heights.
- Ability to perceive and inspect records in a document management system.
- Ability to operate general office equipment.
- Ability to travel to off-site meetings.
- Ability to lift, carry, move, or position objects weighing up to 10 pounds.
