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.