Director of Finance and Operations

Company Overview
Read to a Child partners with community and corporate volunteers from socially-minded businesses and organizations who read one-on-one to elementary students at under-resourced schools in the greater metropolitan areas of Boston, Detroit, Hartford, and Los Angeles. Our approach is based on the premise that a lifelong love of reading is a driver of opportunity for children throughout their lifetime. At Read to a Child you will have the opportunity to be a part of an organization that fosters a love of reading, improves literacy skills, and supports socio-emotional well-being for thousands of students from under-resourced communities.

Position Overview
Read to a Child is seeking a part-time Director of Finance and Operations to oversee and manage all financial operations for the organization. Partnering with senior leadership, this position is a key member of Read to a Child’s management team focused on the organization’s mission, viability and growth. The Director of Finance and Operations helps shape business strategy and drives financial performance, managing an annual budget of $1–$2 million and supporting the organization as it strives to meet or exceed financial and program goals.

The ideal candidate is a motivated individual who thrives when working within a dynamic and collaborative organization, who is committed to the nonprofit mission, and has a proven track record of applying practical knowledge of all aspects of financial operations, accounting, budgeting and reporting systems with resourcefulness and efficiency.

Reporting to the CEO, the Director of Finance and Operations is responsible for managing all financial functions, including reporting, forecasting, budgeting, strategic planning and cash flow management. This position also strategically supports Development and Program efforts, manages insurance relationships, partners with Human Resources on payroll, compensation, and benefits, and supports Information Technology on cybersecurity efforts.

Specific Job Responsibilities Will Include All or Some of the Following

Finance (75%)

• Lead the organization's financial planning activities, including reporting, forecasting, budgeting, strategic planning and cash flow management – to ensure transparency and that resources are allocated effectively to support both day-to-day operations and long-term sustainability

• Oversee all aspects of financial operations and management, ensuring accuracy and timeliness. This includes incoming and outgoing funds, financial statement preparation, tailored reporting to many stakeholders, banking and banking relationships, and establishing processes to ensure sound financial controls throughout the organization

• Manage process for incoming mail, check donations, and electronic donations – including communicating, entering into the accounting system, entering into our CRM system, and ensuring donations are properly acknowledged

• Support Development, with financial backup for grant requests; creative discussions about potential funding sources and uses; proper accounting for donor-restricted grants; grant spending reporting, training and tracking; and event consultation and accounting

• Support Program, with process support and training/ collaboration on efficiency and cost effective ways to grow

• Lead the Finance Committee. Prepare and present regular financial reports and cash forecasts to keep the National Board Finance Committee and the National Board informed on key financial and operational matters

• Manage the relationship with external auditors, as well as the preparation of annual audited financial statements and the IRS Form 990. Ensure that other state and federal tax, payroll and compliance documents are filed accurately and on time

Operations (25%)

• Assess, develop and implement operational policies and procedures to enhance operational efficiency and efficient use of resources

• Manage support staff as applicable

• Co-manage with Human Resources everything related to payroll, including the relationship with provider; communication with and training for employees; biweekly payroll submission; and entering information in the accounting system

• Manage insurance relationships and recommendations for coverage, including broker, workers’ compensation, general liability, auto, abuse and molestation, umbrella, directors’ and officers’ insurance, 401k bond and other as appropriate

• Partner with Human Resources to optimize compensation and benefits offerings, such as annual wage compensation review; health/ dental insurance relationships and recommendations for coverage; and other employee benefits programs

• Provide partnership in other human resources areas, including workforce management, employee engagement and retention, and performance management

• Support information technology and cybersecurity efforts to help protect Read to a Child and its stakeholders data. Co-manage CRM database, and support program and donor data processes and accuracy

• Manage the National office, including relationship with office management, utilities, document storage, and inventory management of office supplies and equipment

Key Qualifications

• Commitment to Read to a Child's mission, viability, and growth

• Bachelor’s degree in a finance-related field or equivalent experience

• 7 years of demonstrated success at exceeding requirements in a results-oriented, professional, related work environment

• *Ability to translate financial concepts to, and to effectively collaborate with, people of diverse backgrounds, training, and experience

• *Experience should include financial reporting; managing a budget process; working with auditors; supporting development (or sales) efforts; maintaining compliance; and general human resources including payroll. Nonprofit accounting experience is preferred, or a demonstrated strong interest in learning the nuances of nonprofit accounting

• *Resourcefulness in setting priorities, proposing new ways to create efficiencies, and in developing systems

• Experience successfully supervising and evaluating staff, facilitating meetings, and ensuring timely project completions

• Excellent interpersonal skills with a diverse group of stakeholders

• Excellent written and verbal communication

• Commitment to actively and continuously working toward establishing and achieving the organization’s Diversity, Equity and Inclusion goals

• Eager to learn historical information about the organization and its stakeholders; work collaboratively with colleagues across the organization; use resources efficiently with the organization’s mission as a guiding force; and model “all hands on deck” as needed

• Extremely organized and adept at successfully managing multiple projects simultaneously and prioritizing according to the organization’s strategic plan -- with flexibility and a positive attitude

• Proficiency working with various technological platforms, including financial accounting software (Quickbooks a plus), Excel, and a CRM database (Salesforce a plus)

• Access to a transportation

Diversity Statement: Read to a Child is committed to providing resources to children most impacted by systemic inequalities. We have faith in our students’ ability to thrive when they are provided with equitable resources and choose to focus on their strengths rather than the barriers they face. We are motivated to continuously act on our commitment to diversity, equity, and inclusion among reading mentors, staff, and board members so as to best reflect and support the students we serve.

Job Type: Part-time

Expected hours: 20 per week

Benefits:

• 401(k)
• Flexible schedule
• Paid time off

Schedule:

• Day shift
• No weekends

Work Location: Hybrid remote in Wellesley Hills, MA 02481