Vice President of Accounting (Immediate Opening)

Description

VP AccountingFinance DepartmentRole Mission : IDEA Public Schools is searching for aVP of Accounting. The Finance Team strives to support the leadership at IDEA as we work together to meet and exceed our ambitious financial and student achievement goals. TheVP of Accountingwill lead accounting,accounting operations,financial reporting, audit management, finance compliance and fiscal policy functions across all IDEA entities. In doing so, theVP of Accountingwillensure the accuracy, completeness, and integrity of the company's financial records and reports.Their mission is tofacilitatethetimelyandaccuraterecording of financial results, compliant use of revenue streams,timelyaccess to revenue sources, and strong audit results through a continuous focus on compliance across all finance and IDEA teams. Reporting to the Chief Financial Officer of IDEA Public Schools, theVP of Accountingwill play a critical role ensuring the Finance Team is equipped with the resources necessary tomaintaincompliance in alignment with local,stateand federal requirements and achieve our shared mission of ensuring IDEA Public Schools students get to and through college.Supervisory Responsibilities : The VP of Accounting will supervise up to six direct reports overseeing functions such as Procurement, Accounts Payable,Corporate Card Services,Finance Services and Development, Accounting and Audit.Location : This is a full-time remote position based in Texas with preference given to candidates who live in Austin, El Paso, Houston, Permian Basin(Midland / Odessa), Rio Grande Valley, San Antonio,andTarrant County(Fort Worth), or who are willing torelocate.Travel Expectations : Up to 30% of the time during the busiest parts of the yearWhatYou’llDo–AccountabilitiesIn this role you will :

• Ensure compliance with federal,stateand local financial law,policyand procedureOwn the development and revision process for finance policies across legal entities in partnership with the Board Governance and Relations team, generalcounseland external legal counsel across entitiesDesign and implement a robust feedback process to gain insight into the impact of policy changes across teams prior to recommendations being made to fiduciary boardsPartner closely with the Internal Audit and Finance Teams to ensure internal audits are supported by the Finance TeamEnsure internal audit results aredistributedand understood byinternal and external parties
• ProvideaccurateandtimelyMonthly Financial Reports by the8thbusiness day across all entitiesReview and approve all financial statements and ancillary reporting prior to internal and external distributionEnsure the followingareprepared,reviewedand approved : all journal entries, cash receipts, bank reconciliations, monthly and quarterly financial statements, regular andadhocBoard reports.Ensure Statement of Financial Position reconciliations are completed on a monthly basis to ensure amounts are in compliance with Generally Accepted Accounting Principles and Financial Accounting Standards Board.As well asto ensurethat proper supporting documentation is provided.Review Statement of Activity on a monthly basis to determine reasonableness of amounts, detect potential errors and analyze significant variances.Review and approve month end financial reports prior to distribution to management and Board by the10th business day.Compile internal, external, debt compliance, finance committee and regional financial statements by the 16th business day.
• Obtain an unqualified audit opinion on the annual financial statements and single audit each year for all entities on or before required deadlinesEfficiently and strategically manage thelong termproject planningrequiredto implement concurrent audits across multiple entitiesEnsure supporting IDEA team deliverables are clearlystatedwell in advance of audit engagement to alleviate delays in responses and strengthen business partnershipsEnsure trial balances arereasonably statedatJune 30Ensure financial statements are presentedin accordance withgenerally acceptedaccounting principles for Not-for-Profit entities.Appropriately inform management and Boardsregardingaudit progress and the completion of milestonesMeet all audit deadlines across entities, Board approved final reports distributed to authorizer or other required entities prior to entity deadlines
• Provide financial information to external parties as well as those required by Federal and State guidelines.Assist external accountants with the completion of the consolidated Form 990 by November 15th following the fiscal year end for each entity.Prepare and report required financial information for the USDE, authorizers, donors,grantorsand investors.
• Ensure no reportable instances of material noncompliance in Financial Reporting and Compliance during the Annual Financial Audit for each entity.Keep current on new and upcoming standards related to Financial Reporting and Compliance.Attendcontinued professional educationtrainingsrelated to Financial Reporting and Compliance.Update local Financial Reporting Manual to document current processes and controls over financial reporting as well as Local and Federal Grant policies and procedures.Assistin the preparation of annualtrainingsover OMB A-133 compliance requirements to grant managers and other stakeholders within the organization.Assist in the performance of monthly audits to ensure federal and state grants are in compliance with the OMB A-133.Communicate results of those audits to management and grant managers on a monthly basis using the Grant Compliance Dashboard.

What You Bring–CompetenciesKnowledge and Skills :

Required experience :

What We Offer : Compensation & Benefits : Salaries for people entering this role typically fall between$161,600 and $198,800,commensuratewith relevant experience and qualifications and in alignment with internal equity.This role is also eligible for performance pay based on organizational performance and goal attainment.Additionally, we offer medical, dental, and vision plans, disability, life insurance, parenting benefits, flexible spending account options, generous vacation time, referral bonuses, professional development, and a 403(b) plan. You can find more information about our benefits at.

IDEA Public Schools does not discriminate on the basis of race, color, national origin, age, sex or disability, in admission or access to, or treatment of employment in its programs and activities. Any person having inquiries concerning the organization's compliance with the regulations implementing Title VI of Civil Rights Act of 1964 (Title VI), Section 504 of the Rehabilitation Act of 1973 (Section 504), or Title II of the Americans with Disabilities Act of 1990 (ADA), may contact IDEA Human Resources at (956) 377-8000.

Salary : $161,600 - $198,800