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Director of Finance-NonProfit

GLAAD

New York, NY, USA

The Opportunity

Reporting to the Chief Operating Officer and working in close partnership with the CEO, Board Treasurer/Chair of the Finance Committee and the senior leadership team, this is an exceptional opportunity for a skilled and astute financial leader committed to the mission and core work of GLAAD. The Director of Finance will manage and provide strategic leadership and sound business direction over all financial, accounting, auditing and budgeting functions of the organization. This position will be responsible for all strategic and operational matters as they relate to finance, risk management, fiscal forecasting, cost/benefit analysis and assuring the positive fiscal health of the organization. The Director of Finance will be a key member of the leadership team and a collaborative team player and resource to management and staff.  

Key Responsibilities

Strategic Financial Leadership

  • Provides financial advice and business counsel to guide and shape the organization’s financial strategy and plans to support its future growth. Ensures that the organization remains in strong fiscal health
  • Actively participates in meetings and serves as staff liaison to the Board Finance Committee. Provides financial reports and other metrics and data on industry practices and trends to support the Committee’s work in evaluating fiscal trends and other significant changes in operations impacting the finances of the organization
  • Participates in on-going strategic planning and risk management with the CEO, COO and senior leadership team. Assists with financial planning and results management. Provides key financial data/ metrics and serves as a helpful resource making recommendations to assist with financial planning, results management, and mitigating financial and business risks for the organization
  • Provides support and applicable data to various members and Committees of the Board to assist them in monitoring investments of the organization and coordinating other administrative activities related to these investments in accordance with the organization’s investment policy

Financial and Operational Management

  • Oversees the financial performance of the organization and prepares all related financial statements and reports including, but not limited to the Balance Sheet, Statement of Activities, Cash Flow and Budget Variance Report for review and consideration by the CEO, COO and Board of Directors
  • Develops, implements and monitors the organization’s budget and forecasts revenue and expenses trends and variances
  • Develops and promulgates all fiscal and accounting policies for the organization
  • Provides oversight, direction and training of a small Finance team
  • Ensures that the Finance Department maintains all financial records and systems in accordance with Generally Accepted Accounting Principles (GAAP) and that it effectively monitors and implements systems to control and safeguard the funds and financial assets of the organization
  • Oversees and manages the day to day accounting operations and transactions including the general ledger, accounts payable, accounts receivable, billing and payroll
  • Manages cash flow and cash flow forecasting for the organization and interfaces with banks to effectively monitor all cash balances
  • Oversees the preparation and submittal of financial reports to all private and philanthropic supporters of the organization
  • Maintains records/controls on all corporate credits cards, any applicable lines of credit or loan covenants, banking relationships and investment institutions supporting the organization’s assets
  • Works with the organization’s outside CPA/Audit Firm, Board Treasurer and Board Audit Committee to provide the necessary financial data and reports to support the annual fiscal audit of the organization, review of internal controls, and the annual accounting department performance review
  • Oversees the internal process for preparing the necessary data to assure the timely and accurate completion of the IRS Form 990 and other applicable regulatory reporting requirements    
  • Oversees the administration and financial reporting related to the organization's Board Designated, Capital and Investment Funds
  • Reviews finance operations, accounting workflow and all transactions processes and makes recommendations for continuous process and systems improvement, controls and efficiencies
  • Performs other duties as may be requested by the Chief Operating Officer

Candidate Profile | Competencies | Personal Qualities

The ideal candidate should possess the following experience, competencies and personal qualities:

 Experience | Education:

  • Bachelors’ Degree in Accounting, Finance or Business from an accredited college or university
  • Certified Public Accountant preferred
  • Minimum of ten (10) years’ experience in finance, preferably in a nonprofit setting, of which at least seven (7) years were in a senior financial leadership role with both operational controllership and strategic financial planning and analysis responsibility
  • Experience working with MIP financial systems
  • Prior experience working with independent auditing/accounting firms and reporting financial performance and results to a Board of Directors
  • Intimate knowledge of GAAP and nonprofit accounting practices and standards plus a proven track record of experience across all general accounting operations
  • Working knowledge of automated financial software systems and technology

Competencies | Personal Qualities

  • Exceptionally strong, strategic and prudent business and financial acumen
  • An individual of high integrity and ethics and a trusted advisor
  • Ability to drive positive change, accountability and effective performance
  • A dedicated, loyal and self-motivated leader able to impart credibility, comfortable taking charge, and committed to establishing collaborative and supportive relationships with team members 
  • Able to effectively balance being a supportive partner to GLAAD leadership while maintaining overall fiduciary responsibilities to the organization 
  • Superior written and verbal communication skills
  • A strong commitment and passion for the organization’s mission and core values

Equal Opportunity and Affirmative Action Employer

GLAAD is an equal opportunity and affirmative action employer and committed to building an inclusive and culturally diverse staff. All qualified candidates will receive equal consideration for employment without regard to race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or any other legally protected status. 

 

HOW TO APPLY

To Apply: 

GLAAD has retained ACEUM Advisors & Search to conduct this search. To express an interest in this opportunity or to make candidate recommendations, please contact:  Ira Machowsky, Founder & CEO imachowsky@aceum.com.  All inquiries and discussions will be kept strictly confidential. 

About Aceum Advisors & Search

ACEUM Advisors & Search is an Executive Search, HR Strategy and Management Advisory firm assisting nonprofit, healthcare and philanthropic organizations and institutions recruit high quality leadership talent and build innovative and responsive HR and infrastructure solutions to help advance the social good. 

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