We empower and equip first-generation college students in Durham Public Schools, their families, and educators to become the leaders that will transform our city. Our approach combines three main elements : Our whole-families approach to college access and success programming; our role in developing and sharing our education best practices; and our support of student- and family-led advocacy and change efforts in our city. Our strategic partnerships help parents and students develop the skills they need to shape their futures-in school, at work, and in their communities. Our community shares their knowledge with their peers, advocates for themselves and their classmates, and celebrates our collective achievements as we learn and grow.
We empower and equip first-generation college students in Durham Public Schools, their families, and educators to become the leaders that will transform our city. Our approach combines three main elements : Our whole-families approach to college access and success programming; our role in developing and sharing our education best practices; and our support of student- and family-led advocacy and change efforts in our city. Our strategic partnerships help parents and students develop the skills they need to shape their futures-in school, at work, and in their communities. Our community shares their knowledge with their peers, advocates for themselves and their classmates, and celebrates our collective achievements as we learn and grow.
Together, we are creating a Durham where all students succeed.
Employees at Student U believe all students can achieve greatness. Together, through intentional staff collaboration and community partnerships, we work tirelessly to make the fearless dreams of our community come true.
Position Purpose and Value :
The Finance Director will assume a leadership role in the business department. They will report to the Executive Director and supervise the finance team. The critical work objectives are to manage all financial accounting, grants administration, budgeting, and reporting, oversight of all financial policies and procedures of the organization and to serve as the advisor to the Leadership Team for all financial matters. The Finance Director will also manage all banking and investment relations. Success requires effective cross functional management with members of other departments. The Finance Director will also be a leader in projects which may require high level Excel skills, solid cost / managerial accounting knowledge and ability to train other non-finance staff and have excellent team management skills.
Responsibilities :
Department Management :
- Recruit, hire, supervise, and evaluate staff of the Finance division (currently full time Finance and HR Manager and part-time Bookkeeper)
- Provide inspiring leadership and management that creates, fosters, maintains a culture of innovation, problem-solving, collaboration, and excellence
- Oversee daily operations of the Finance team and ensure work is planned and executed with fidelity, integrity, and aligned with strategic priorities of the institution
Finance Leadership :
Monitor the fiscal performance of the organization and provide advice to the Leadership Team, Executive Director and Board of Directors regarding fiscal planning and stewardshipWork with Executive Director and HR and Finance Manager to update and implement best practice policies, internal controls, accounting standards, and proceduresSupport and advise the Executive Director in financial decision makingResearch investment options for organization and make recommendations to the Executive Director and the Finance CommitteePrepare, in collaboration with Leadership Team, an annual operational budget, manage effectively within this budget, and report accurately on progress made and challenges encounteredMaintain and manage relationships with all of the organization's banking institutionsServe on the Finance Committee and any other Board Committees as requestedPresent financial reports and "translate" financial information to the Board of Directors each quarterAdvise the leadership team and Executive Director on recommendations for pricing for the earned revenue pipeline based on cost analysisCollaborate with the Associate Director of Operations on reviewing partnership rental price structures and make recommendationsAccounting Responsibilities :
Ensure compliance with generally accepted accounting principles (GAAP), Generally Accepted Government Auditing Standards (for Government Grants) and all Federal, State and Local regulationsReview purchasing, review and process all Accounts Payable, and ensure all costs are staying within budgetEnter and process all deposits and update all tracking reportsRecord all banking transactions in Quickbooks online utilizing the appropriate GL Codes and Class TrackingReview payroll with the HR and Finance Manager and enter all payroll transactions in accounting system after processing by the HR and Finance Manager (monthly during the year and twice a month in the summer)Reconcile all accounts monthly by the 10th of each monthSupport the Finance and HR Manager and the Assoc. Director of Operations to ensure all credit card receipts are received and coded accuratelyPrepare, in collaboration with the Grant Writer and Development team, grant budgets and grant financial reportsCreate customized monthly reports to department heads and monthly cash projections to the Executive Director.Create financial reports for the Executive and Finance Committees and the Board of DirectorsProduce financial reports for the annual report and other marketing materialsUpdate yearly chart of accounts as neededCoordinate the annual audit and 990 form filing with the external accounting firmWork with the Grant and Program Data Manager to ensure that Salesforce is reconciled to all grant tracking sheets and accounting software on a monthly basisMaintain and evaluate systems for proper restricted fund tracking, grant tracking and revenue recognitionManage all insurance policies (workers compensation, general liability, etc)Qualifications :
An ideal candidate will have expertise in non-profit and restricted fund accounting with government grant experience. This person should be able to demonstrate Excellent Excel skills, deep experience with Quickbooks Online and Google docs.Minimum Requirements :Bachelor's Degree (preferably in accounting, finance or business administration)At least 5 years of experience in nonprofit accounting with experience in grant management, restricted fund accountingAt least 3 years of experience in managementAt least 5 years of experience using Quickbooks Online with experience in class trackingPreferred- experience using SalesforceStrong people and team management skillsA genuine interest in and a passionate commitment to the mission and vision of Student U and the ability to articulate this to various groups of stakeholdersA strong knowledge of accounting best practices, GAAPExcellent verbal, written, and interpersonal communication skills, including the ability to establish strong rapport with the Leadership Team, Board of Directors, and Student U team membersHigh level of integrity, excellent judgment, and the ability to demonstrate optimism, resilience, and adaptabilityHigh level of initiative, resourcefulness, and productivity with strong organizational and project management skills, exceptional attention to detail, and strong problem-solving skillsExperience effectively managing budgets and tracking and reporting on outcomesA sense of humor and willingness to build a relationship-centered culture around fundraisingUnderstands the importance of working with a racial equity lensBenefits and Salary :
This is an in-person position with some flexibility to work from homeThe salary for this position is $75,000. In an effort to promote equity and transparency in our organization, our salaries are not negotiable. A comprehensive benefits package is included, including health, vision and dental, 403(b) retirement plan, wellness funds and professional development.This position is eligible for Public Service Loan Forgiveness.Anti-Discrimination Policy and Commitment to Equity & Child Safeguarding Policy
Student U is committed to fostering an inclusive culture within our organization where people from various backgrounds can participate fully and equitably, as we want to engage all those who can contribute to our mission. We strongly desire to meet candidates who have backgrounds similar to those of the students we serve.Student U has a commitment to ensuring the safety of our students. All staff must pass a criminal background check.
Salary : $75,000
