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Director of Finance, hybrid $150,000 + - Princeton, United States - Princeton Windrows
3 weeks ago
Description
Job DescriptionJob Description
Princeton Windrows Condominium Association, located in Princeton, NJ is seeking an experienced Director of Finance.
Princeton Windrows is a vibrant, inclusive, and welcoming independent living community that is truly Resident Owned, Resident Run, and Resident Loved.
Job SummaryThe Director of Finance is responsible for developing, planning and managing all financial aspects of enabling the organization to achieve its operational and strategic goals.
The Director of Finance will report directly to the Executive Director and will manage the Controller.Benefits
$150,000 Starting Salary
Year End Bonus for 2024
Generous PTO Package
Excellent Holiday Schedule
Monday - Friday Workweek
Daily Lunch Provided
Medial, Dental, and Vision Insurance Available
Ability to work remotely 1-2 days per week
And More
Responsibilities
Provide financial support to operations to maximize revenue generation, cost containment, and cash flow while ensuring strong internal controls
Manage end-to-end finance function ensuring accurate financial statements and reporting, as well as accounts receivable management.
Provide monthly variance reports and operational analytics and present these findings on a regular basis to the Board of Directors, management, residents, and various committees
Lead in the development, planning, and analysis of budgets and forecasts
Oversee and direct the organization's capital planning and spending, working with outside engineer on reserve study updates
Direct internal accounting functions
Manage General Ledger, Accounts Payable and Receivables, Payroll, and Cost Accounting
Communicate with appropriate committees and committee chairs
Implement policies and accounting practices ensuring they are in accordance with accounting principles
Process biannual HUD renewals
Manage the association insurance policies; General Liability, Building, Director and Officer Insurance, Auto Insurance, Excess Liability, Commercial Umbrella, Commercial Property, Commercial Crime, Employment Practices, Healthcare, Cyber Security, the Umbrella Policy, etc.
(not to include Workmen's Compensation and Employee Benefits)Manage Radburn Law, H.O.A., and applicable Federal and State condominium law changes
Review department budgets monthly with department directors; to include payroll, overtime, and supplies/inventory
Review legal contracts and negotiate vendor terms and agreements and renewals
Review all invoices prior to payment
File necessary 1096 and 1099s
Serve as the Trustee for the 401K Retirement Plan
Serve as a member of the Investment Advisory Committee
Review of Unit sales closings, documents, and commissions
Preform forensic accounting, if needed
Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes; and keep the Executive Director abreast of the organization's financial status
Manage organizational cash flow and forecasting
Maintain the contracts management and financial
management/reporting
system
Ensure that the required systems, policies and procedures are in place to support effective, efficient and compliant finance operations. Assist with the development and execution of strategic financial initiatives
Qualifications
A Bachelor's degree in Accounting, Finance or Business Administration
Professional financial certification such as CPA, CMA, or MBA strongly preferred
Minimum of 7 years of progressively responsible professional experience in a finance and administration leadership role
Experience in working at an independent senior living community is preferred
Experience in working at a not for profit organization is strongly preferred
Required Skills and Abilities
Ability to develop, coordinate and implement accounting processes that support residential property management practices
A successful track record in setting priorities; keen analytic, organization and problem-solving skills which support and enable sound decision making
Excellent communication and relationship building skills with an ability to work with the Board of Directors, residents, managers, and staff
A self-motivated, multi-tasker with the ability to effectively manage others
Ability to maintain a professional and positive work environment
Ability to present information to a large group of individuals and demonstrate confident public speaking
Exemplify the personal qualities of integrity, credibility, and dedication
Physical Requirements
Prolonged periods sitting at a desk and working on a computer
Must be able to work onsite 3-4 days per week; occasionally some weeks will be required to work all 5 days in office
Must be able to lift up to 15 pounds
The employee is occasionally required to stand and walk
Princeton Windrows Condominium Association, Inc., is an equal opportunity employer.
Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
Company Description Princeton Windrows is "Different by Design".We are an independent living facility owned by the residents and operated by a Board of Trustees who are also residents of the association.
Company DescriptionPrinceton Windrows is "Different by Design".
We are an independent living facility owned by the residents and operated by a Board of Trustees who are also residents of the association.
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