Job Description
Job Description
Senior Director of Finance
Salary : $130,000 - $150,000
ABOUT NYC OUTWARD BOUND SCHOOLS : Why can’t school be more like an Outward Bound course? NYC Outward Bound Schools believes that students benefit greatly from tapping into the world beyond their classroom and their immediate community to partake in joyful learning experiences that can prepare them to thrive in community, college, and career. In partnership with the NYC public school system, NYC Outward Bound Schools is a non-profit organization that serves over 28,000 students in almost 80 schools across the five boroughs of New York City. NYC Outward Bound Schools provides opportunities for unique, liberatory, experiential learning for students in their social, emotional, and academic development. The organization supports NYC young people both by leading students in outdoor adventure programming that pushes beyond their traditional school experiences and also by coaching and supporting educators on how to incorporate lessons from these catalytic experiences within the classroom. Ultimately, our diverse and committed staff support NYC young people in unique ways to develop the knowledge and skills to lead with confidence and curiosity, persist in the face of challenges, and live fulfilling lives.
Role Summary : The Senior Director of Finance, reporting to the CEO, oversees all financial operations for NYC Outward Bound Schools, ensuring sound financial management, transparency, and compliance with regulatory requirements. The Senior Director of Finance is responsible for leading and developing the financial management strategy, including accountability for the financial health and stability of the organization in conjunction with the CEO. The Senior Director of Finance is responsible for developing and executing financial strategies, managing budgets, developing and refining financial forecasting models, and ensuring all accounting and payroll procedures are effective, efficient, and compliant. The role will work closely with the Executive Director, Board of Directors, and other senior staff to align financial goals with the organization’s mission. Key responsibilities include leading financial planning and analysis, ensuring the integrity of financial reporting, managing cash flow, overseeing audits, and driving financial sustainability. The Senior Director of Finance will also provide leadership to a small finance team, ensuring that systems and processes are efficient, effective, and aligned with best practices in the non-profit sector.
Essential Responsibilities :
Financial Planning : Strategy & Budget
- Develop, along with the CEO and leadership team, financial strategy and plans to support the organization’s growth
- Set clear objectives and measures for financial performance of the organization
- Oversee and direct the preparation of the annual budget, including developing functional budget templates.
- Oversee implementation of financial plans and annual budgets for each department
- Develop multi-year budgets; forecast revenue, expense, and cash flow; and conduct program margin analyses to compliment operations, programs, and business plans
- Oversee, along with the CEO, all investment accounts through current investment advisors. Work with advisors on ensuring timely consistent reporting, investment activity, and cash flow needs, etc.
- Plan, develop, and maintain a capital improvement budget for any necessary repairs of physical facilities aligned with the fiscal capacity of the organization
Financial Operations : Accounting & Finance Functions
Oversee all accounting and finance functions of the organization; ensure team’s timely completion of monthly closing process; perform advanced accounting tasks; and oversee and participate in preparation of related financial and cash flow statement and reconciliation of accountsAssess the timeliness and accuracy of tasks performed; monitor process, progress and results and design feedback loops into workEnsure all fiscal practices meet the highest standard of integrity and comply with GAAP and other industry standardsImplement financial policies and procedures that maintain an effective internal control environment with proper segregation of dutiesContinually work toward promotion of efficiency and effectiveness of all finance functions, via process and workflow improvements and system upgrades, as well as integrationsNegotiate and manage all banking relationshipsSupervise annual audit preparationSupervise and support the preparation of annual 990Provide accounting and financial assistance to other departments and train staff on fiscal procedures and budget management, as neededLead, along with respective chairs, all Board of Director committee matters pertaining to Finance, Audit and Investments, including setting forth the agenda, presentation materials, and ensuring timely scheduling of all meetings. Serve as the finance representative at the committee and board meetingsFinancial Monitoring, Analysis & Reporting
Produce and analyze multi-year financial statements and communicate trends and emerging issues as necessary; including cash flow projections and reportingAnalyze budget variances and work cross-functionally to address any significant differencesSupport senior leadership to develop forecasts, pricing structures for programs and financial models for new growth initiativesDevelop sophisticated reporting (narratives, financials, dashboards, etc.) to communicate financial results and trendsProvide regular updates to various internal and external stakeholders on all finance functions and activities as agreed upon with the CEO. Attend and present at leadership group, board, and board committee meetingsConduct multi-year and project-specific analyses to inform future planning and strategiesEnsure all financial issues are accurately tracked and resolvedCoordinate with the Development / Advancement team on grant management and the appropriate tracking of fundraising activitiesDevelop budgets and reports for NYC Department of Education (DOE) contractsLeadership / Management
Motivate, lead and direct staff. Provide opportunities for staff to increase and enhance their skills so that they can function effectively in positions of increasing responsibilityEmpower staff through active and inclusive communication and delegation and ensure staff accountability for excellence and outcomes through clearly defined, collaboratively established and measurable goalsPromotesa culture of high performance, cross training, and continuous improvement that values learning and a commitment to high-quality workManage the planning, design, development, and implementation of specific short and long-term projects, especially those aligned to the goals of the organization’s strategic plan, as directed by the CEOExercise sound judgment and a passionate commitment to the mission of NYCOB, providing a balance approach around financial targets and program goalsMaintain continuous lines of communication, keeping the CEO informed of all critical issueCultivate an engaging and inclusive environment that attracts and retains a diverse pool of qualified talentFoster a culture of cross-departmental collaboration, individual initiative, accountability, and responsibility across the organizationLead by example and brings awareness to the importance of the organization's efforts toward justice, equity, diversity, and inclusionDevelop presentations and memorandum, as neededMaintain compliance with applicable laws, regulations, policies, and best practicesPerform other duties as assignedMinimum Qualifications :
Strong commitment to educational equity for BIPOC youth, diversity, equity, and inclusionDemonstrate a dedication to our core values of community, courage, equity, integrity, and learning throughout all aspects of their workMinimum of seven (7) years of relevant experience, ideally with in-house financial management experienceHigh proficiency in Excel, with expertise in complex formulas, financial modeling and scenario analysisBachelor's degree in Business or Accounting degree strongly preferredCertified Public Accountant (CPA) preferredProven experience in effectively establishing strategic financial goals and developing financial modelsExperience either as an employee or board member of a nonprofit organization strongly preferred; must be familiar with nonprofit finance and accounting regulationsKnowledge of fee for service revenue streams and government contractsStrong analytical skills and advanced problem solving skillsDemonstrated ability to build trust, work collegially, and achieve influence across a wide range of diverse stakeholdersAbility to generate innovative ideas, originate action without instruction, take initiative, and prioritize tasks effectivelyAbility to remain detail-oriented while also maintaining focus on the big pictureAbility to contribute to and model a strong, positive, collaborative, and successful culture across the entire organizationSkilled in working independently and following through on assignments with minimal directionDemonstrated flexibility, maturity, and ability to juggle competing prioritiesExceptional communication skills, both written and verbal; experience and skill in public speaking and presentationsUnquestionable integrity and ethical standards in leadershipExcellent digital literacy skills, including but not limited to Microsoft Office and GoogleFamiliarity with the field of education is a plusBenefits :
Medical, dental, and vision coverageHRA / FSA / Transit accountsLife insurance403(b) with employer match after one yearSick leaveGenerous PTOLocation :
Hybrid position; Requires multiple days per week on site in Long Island City as outlined in the organization’s remote work policyStudies have shown that certain populations, including women and people of color, are less likely to apply for jobs unless they believe they can perform every job description task. We are most interested in finding the best candidate for the job, and that candidate may come from a less traditional background. We may consider an equivalent combination of knowledge, skills, education, and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.
NYC Outward Bound Schools is an equal opportunity employer. We prohibit discrimination against, and harassment of, any employee or applicant for employment because of race, color, religion, sex, gender, pregnancy, genetic information, ethnic or national origin, sexual orientation, marital status, familial status, military or veteran status, qualified individuals with a disability on the basis of the disability, or any other category which may be protected under applicable state or federal law.
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Salary : $130,000 - $150,000
