University Settlement Society of New York provides a comprehensive network of services to over 30,000 people of all ages living in the Lower East Side. Its broad network of activities includes adult literacy classes, mental health counseling and intensive case management; group and family day care; support services to the formerly homeless; after-school and summer camp for children and teens; a senior center and a credit union.
The Door, a partner organization to University Settlement, helps nearly 10,000 young people each year by empowering them to reach their potential by providing comprehensive youth development services in a diverse and caring environment. A major initiative within The Door, Broome Street Academy is a unique charter high school that prepares New York City’s most vulnerable youth for a successful future through rigorous academics paired with supports of The Door.
To learn more about University Settlement and The Door, please visit: www.universitysettlement.org
We are seeking a Director of Finance who will work closely with the Chief Financial Officer to monitor and maintain fiscal accountability and financial stability of our organizations. The ideal candidate will bring nonprofit accounting expertise, particularly in the area of government grants and contracts, and the ability to seamlessly manage various priorities and tasks simultaneously in a complex, multi-program environment. The Director of Finance will train, supervise and mentor staff as well as communicate and collaborate with a variety of stakeholders including Board Members, funders, program directors and other staff.
Reporting directly to the Chief Financial Officer, the Director of Finance will lead day-to-day operations and staff management for the Finance department. This is an exciting opportunity for an experienced nonprofit accounting professional to join a mission-driven organization that is dedicated to serving and strengthening families throughout New York City.
- Day-to-day management of the accounting and finance functions across University Settlement, The Door and Broome Street Academy
- Train, supervise and mentor staff members, ensuring each staff member receives adequate support and is consistently on track to meet the goals of his/her position
- Optimize efficiencies within the finance and accounting functions through the creation of new tools, processes and infrastructure
- Maintain fiscal accountability and compliance with Federal circulars, GAAP and private and public donor requirements
- Oversee updates to fiscal policies and procedures to ensure compliance with best practices and maintenance of internal controls in order to minimize financial risk
- Oversee monthly and annual closing process including accounts payable, agency credit cards, recurring journal entries, bank reconciliations and analysis of general ledger accounts
- Financial management of federal, state and city contracts, including communication with funding sources
- Review and prepare monthly, quarterly, semi-annual and annual claims and other reports (including CFR, ACHF Cost Report) to specified government and private funding sources, ensuring timeliness and accuracy of reporting and ensuring compliance with funder requirements
- Maintain written cost allocation methodology in compliance with Federal guidelines, funding sources and internal agency policies
- Analyze reimbursements from government agencies, investigate and resolve any disallowances
- Prepare program close outs as required by funding sources
- Work closely with program directors to prepare new budgets and budget modifications to ensure maximum utilization of funding; Oversee the review of monthly expenditures with program directors, including detailed analysis of actual expenses to date and detailed projections of expenditures through the end of contract and fiscal years
- Present on actual and projected expenditures to Board Members on a quarterly basis and answer questions that arise
- Oversee the completion of audit paperwork, answer questions from auditors and facilitate audit process; Prepare financial statements in accordance with GAAP, present audit results to the Finance Committee and the full Board of Directors
- Oversee the completion of IRS Form 1099s for independent contractors, ensuring compliance with IRS guidelines
- Implement and maximize use of new accounting system; Assume role of resident power user for internal users and liaison with external consultants
- Collaborate with development department to compile required documents for new proposals and reports to existing funders
- Attend workshops and seminars to enhance relevant knowledge (i.e. accounting and nonprofit updates, government rules and regulations, accounting software, etc.)
- Bachelor’s degree Accounting, Finance, or closely related field of study; CPA is preferred but not required
- Minimum of 8 years of progressive accounting experience, including staff supervision; at least 3 years in nonprofit accounting is strongly preferred
- Strong technical financial accounting knowledge (GAAP)
- Extensive experience in budgeting, forecasting, grant accounting and reporting, preferably in a multi-program nonprofit environment
- Experienced staff manager with proven success directing the efforts of team members who hold management-level roles; capable of identifying and addressing team members’ areas for growth, while also attracting, retaining, supporting, and developing talented individuals
- Strong project management and organizational skills, with the ability to multi-task and seamlessly manage various priorities and tasks simultaneously in a growing, dynamic, fast-paced environment
- Incredibly high attention to detail, a results-based orientation, and strong problem-solving and follow-through skills
- Excellent verbal and written communication skills and demonstrated ability to collaborate internally and externally to achieve goals
- Flexibility and willingness to adjust work schedule as necessary
- Strong knowledge of accounting software programs (Intacct preferred)
- Unquestionable integrity, credibility and character with demonstrated high moral and ethical behavior
Using the link below, please upload a resume and thoughtful cover letter, outlining how your skills and experience meet the qualifications of the position and stating how you heard about this opportunity, both in Word format, addressed to Irma Gonzalez, CFO.
Applications will be reviewed on a rolling basis.
University Settlement offers a competitive salary and benefits, commensurate with experience and skills.
University Settlement is an equal opportunity employer.
About Commongood Careers
University Settlement has partnered with Commongood Careers to conduct the search for a Director of Finance. Commongood Careers is a mission-driven search firm that supports the hiring needs of high-impact nonprofits. With an approach that leverages robust talent networks, recruitment and search management expertise, and a deep understanding of our clients’ mission and culture, we help organizations secure the talent they need to create greater social impact. Since our founding in 2005, Commongood Careers has led more than 800 searches at 275 organizations in 33 states, making us one of the most experienced and dedicated nonprofit search firms in the country. Learn more about nonprofit job opportunities at Commongood Careers.