Director of Finance - Boston, United States - Pearl Street Collective

Pearl Street Collective
Pearl Street Collective
Verified Company
Boston, United States

1 week ago

Mark Lane

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Mark Lane

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Description
America's first trade school, NBSS is a welcoming institution recognized both nationally and internationally for learning excellence.

Its spacious, 64,000-square-foot facility is located in Boston's historic North End neighborhood, the community in which it was originally founded 140 years ago.

Today, the school continues to bridge opportunity and demand by training the next generation of traditional tradespeople using time-honored methods and skills while also creating rewarding, life-long careers.

NBSS offers a range of accredited and non-accredited courses including professional career training programs, skill-building classes and experiences, public programs, exhibitions, community partnerships, and more.


NBSS recognizes that its success has been built on the strength of its faculty and staff: committed professionals achieving great results in teaching, student support, administration, and fundraising.

A vital opportunity to support their efforts has emerged as the School looks to meaningfully invest in its people and bolster its systems.

The new Director of Finance (Director) will be responsible for building up the infrastructure necessary to promote a thriving, highly engaged, and productive environment at NBSS, reinforce collaboration and integration, and ensure that the School's resources make it possible for faculty, staff and students to do their best work.


Reporting to the Senior Director of People and Operations, the Director will oversee finance, accounting, and reporting activities for an $8M budget as well as reporting on its $29M endowment.

They will serve as the senior advisor and partner to the President, Provost, and Board of Directors in all financial activity including annual planning and budgeting; and ensure that NBSS has the systems and workflows in place to support outstanding program implementation and mission attainment.

This role is uniquely student-facing.

70% of NBSS students receive financial aid, so experience in financial aid management or a similar federal funding model is highly desired, although on-the-job training in this area will be provided.

The Director will partner with the Scholarship Committee, a cross-department team of student services, development, enrollment, and financial aid, to manage and inform the scholarship budget and ensure that students are being served by the School from a financial standpoint.

The Director will also be charged with identifying new opportunities to improve efficiencies and respond proactively to department needs.

This includes partnering with the Development team as they report out to corporate and foundation funders, and with the Provost's office particularly during financial aid cycles each semester to ensure that payments and reimbursements are administered properly and efficiently.

They will need to analyze the existing processes to ensure compliance and mitigate risk, work closely with senior administrators to streamline financial operations, leverage new information technology, and establish standard processes that provide maximum benefit to all parties involved, including students.

NBSS seeks a seasoned professional with creativity, enthusiasm, self-motivation and energy.

They should be able to quickly contribute in a meaningful way as a highly effective and engaged partner to senior leadership; use the utmost discretion in all presentations, correspondence, and communication with staff, faculty, Board of Directors, and President; and be able to thrive in a small team environment, where members "roll up their sleeves", to deliver practical internal support to colleagues and students.


RESPONSIBILITIES

FINANCE MANAGEMENT

  • Manage all aspects of finance and accounting: financial statements, general ledger, cost accounting, AP/AR, invoices, budgeting, tax compliance, inventory accounting, and revenue recognition.
  • Comply with all local, state, and federal laws regarding finances, tax filings, and reporting.
  • Maintain internal controls and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.
  • Build and maintain a documented system of finance, accounting, and administrative policies to support program operations.
  • Prepare quarterly/annual financial reports and manage fiscally responsible quarterly/annual budgets and forecasts.
  • Advise on financial analyses and strategic decisionmaking regarding forecasting, contract negotiations, significant costs, benchmarks, and similar strategic matters.
  • Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements.
  • Define, benchmark, and implement financial best practices.
  • Monitor progress and changes and keep senior leadership informed of NBSS financial status.
  • Partner with the Senior Director to staff the Audit Committee.
  • Prepare and organize financial statements for record and review and coordinate all audit acti
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