Director of Finance
We are seeking a highly skilled and experienced Director of Finance to lead and manage the financial operations of an N-12 private school in the West Hempstead area. This role will guide financial strategy, budgeting, reporting, and ensure compliance with all regulations, aiming for long-term sustainability and growth.
This is an onsite position (Monday - Friday at the West Hempstead office) with travel for meetings or conferences.
Key Responsibilities:
- Develop and execute the school's financial strategy, including budgeting, forecasting, state and federal grant administration, and long-term planning.
- Partner with divisional leaders to craft annual budget and manage the budget throughout the year.
- Oversee financial operations including purchasing, payroll, employee pension plan, invoicing (A/P), bank reconciliations, and financial reporting.
- Manage the Tuition and Collection Team to ensure and control the school's annual revenue stream.
- Prepare and present quarterly financial reports and issue monthly updates on collections to the board.
- Ensure compliance with federal and state regulations and manage financial filings, including the administration of filings for Department of Labor, Workers Compensation, Employment Leaves, and Employee Benefits.
- Implement internal controls and procedures to optimize efficiency and safeguard assets; regularly compare budget to actuals and oversee cashflow.
- Collaborate with the Executive Director and other departments to align financial planning with fundraising and development strategies.
- Manage the annual audit process and liaise with auditors and the finance committee.
- Recommend cost-saving initiatives and identify funding opportunities.
- Provide leadership to the financial team, fostering a culture of transparency and accountability.
Qualifications:
- Proven experience as a Finance Director, ideally in the nonprofit sector.
- Strong analytical skills with expertise in financial forecasting and data analysis.
- Exceptional leadership, organizational, and communication skills.
- Proficiency in Excel and QuickBooks Online; CPA preferred.
- BS/BA in Accounting, Finance, or related field; MA/MBA is a plus.