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    Director, Accounting - New York, United States - The Bowery Mission

    The Bowery Mission
    The Bowery Mission New York, United States

    2 weeks ago

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    Description

    Job Description

    Job DescriptionSalary: $115, 000 - $120,000 per year

    The Bowery Mission (TBM) exists to promote the flourishing of New Yorkers overcoming homelessness and marginalization. The Finance Department works to ensure the highest standards of financial management to guide how the company manages growth, revenue, expenses, and cash flow to achieve its goals. As a key member of the Finance Department, The Director, Accounting reporting to a Chief Financial Officer, is responsible for the financial operations of Christian Herald Association (CHA) and its subsidiaries. CHA is d/b/a The Bowery Mission (TBM). The Director, Accounting ensures all financial reporting and related responsibilities accurately reflect the financial position of CHA. In addition, compliance with all applicable laws and accounting standards must be maintained while also disclosing to the CFO any material risks that have been identified and process improvements that can be made.

    The Director, Accounting also provides information and analysis to support strategic decision-making. Oversees and interprets monthly financials, quarterly re-forecasts, and annual budgets, preparation of all audit work papers and compilation of the Form 990 documentation, coordinates the budgeting process, and provides management with all information necessary for executive decision-making.

    Works closely with the Finance and Audit Committee (FAC) of the Board of Directors. Leads accounting operations, payroll processing, preparation of financial forecasts, and all required reporting. Selects, develops, and evaluates personnel to ensure the efficient operation of the function. Ensures that CHA has the financial systems and procedures in place to support effective program implementation and conduct timely and complete annual audits. Works closely with program leaders and their staff, not only to educate them regarding finance and accounting procedures but also to explore how the accounting and finance team can support program operations and ministry goals.

    This position is hybrid, full time employees work full time hours of 40 hrs per week with the Director spending 2-3 days per week onsite at our Tribeca, NY office.

    Work schedule is Monday - Friday 9 am - 5:30 pm.

    Reports to: Chief Financial Officer

    Key Responsibilities:

    • Financial Operations : Oversees all financial systems and related reporting which includes analysis of financial data and presents financial reports in an accurate and timely manner; communicates monthly, quarterly, and annual financial results; monitors progress and changes and keeps senior leadership abreast of CHA's financial status. Ensures CHA activities are conducted by established legal, regulatory, and organizational standards. Works closely with the Audit and Finance Committees of the Board of Directors. Ensures that the entirety of CHA has proper insurance in place for all operations.
    • Staff Leadership: Serves as a key leader of staff over financial operations that include TBM and Goodwill Rescue Mission (GRM). Scope of work includes Payroll, A/P, A/R and GL. Manages and mentors direct reports including weekly 1:1 meetings, setting goals and objectives, providing regular feedback and performance evaluations, and providing opportunities for professional development.
    • Revenue and Expenses: Oversees the process of revenue recognition, A/R, deferred revenue, and gift-in-kind (GIK). Ensures timely reporting and that proper systems and reporting are in place for A/P, cash management, as well as all aspects of payroll, benefit, and tax expenses. Also monitors departmental expense results and reclassifications.
    • Assets and Liabilities: Ensures that assets are properly managed, and that bank and investment accounts reconciliations are prepared promptly. Fixed assets, capital expenditures, and depreciation are monitored while also ensuring prepaid expenses and insurance premiums are amortized.
    • Annual Audits and Filings: Ensures systems and processes are in place to gather and monitor financial data in preparation and for annual audits, Form 990 tax filings, 1099 generation, and 5500 filings. Coordinates process and oversees work of staff preparing schedules and reporting.
    • Financial and Budget Planning: Coordinates the annual budgeting process and provides management information for executive decision-making. Reviews and interprets financial/budget reports, working with CFO and CHA leadership during the strategic and budget planning process. Works closely with program leaders and their staffs, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support program operations. Maintains internal controls and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.

    Requirements:

    • Embraces the organization's Statement of Faith
    • At least 10 years of proven work experience in a senior accounting role with financial oversight responsibilities
    • Bachelor's degree (either Bachelor's or Master's degree must be a major in accounting)
    • Work experience would include working with Board of Directors, managing a finance team, accounting software, providing reporting on finances, leading audits, government filings and compliance.
    • Strong computer skills, MS Excel in particular (managing spreadsheets, creating charts and using advanced formulas) and MS Office tools. Sophisticated knowledge of general ledger, accounts receivable and payable processes.
    • Advanced knowledge of nonprofit accounting financial management, accounting principles, laws and regulations.

    Preferred:

    • MBA/Masters preferred
    • CPA helpful but not required
    • Experience using Bamboo HR, Salesforce, ExpensePath, Financial edge, SageIntacct

    Salary commensurate with relevant education & experience: $115,000 - $120,000 per year

    The Bowery Mission takes the health & safety of our staff, guests, clients, and volunteers very seriously, especially as it relates to Covid-19.

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