The Education Trust seeks a Director of Finance to ensure the organization’s financial strength and stability.
Reporting to the Vice President for Operations and Strategic Leadership, the Director of Finance leads the finance team and acts as a strategic thought partner to the Senior Leadership Team on financial matters. With a current operating budget of approximately $22 million, Ed Trust has grown enormously and has recently completed our strategic framework with clear goals, priorities, and work plans to guide and focus its efforts. We are seeking a talented and experienced senior level finance professional to manage the organization’s finances and to engage, motivate, and lead others in ensuring a high degree of financial accountability and performance to support the organization’s mission and work. The ideal candidate will possess the ability to balance between providing strategic leadership on financial matters and being willing to jump in with the team to accomplish the day-to-day work as needed. The position is based at our headquarters in Washington, DC and also supports our state offices in California, Michigan, and New York.
The Education Trust is a national nonprofit that works to close opportunity gaps that disproportionately affect students of color and students from low-income families. Through our research and advocacy, Ed Trust supports efforts that expand excellence and equity in education from preschool through college; increase college access and completion particularly for historically underserved students; engage diverse communities dedicated to education equity; and increase political and public will to act.
The Director of Finance responsibilities include but are not limited to the following:
- Establish and maintain long-term effectiveness of all financial functions of the organization, including accounting, payroll, internal and external financial reporting, grant and contract financial activities, cash receipts and disbursements, credit and collections, purchasing, banking, audits, taxes, and investments
- Lead, manage, and grow a diverse team of finance professionals to support the needs of the organization while encouraging each member’s professional development
- Prepare and/or oversee annual organization-wide budgets, as well as budgets for foundation proposals and technical assistance contracts
- Direct the development and implementation of policies for finance, accounting, grants and contracts, tax planning, treasury, and internal control functions
- Improve internal financial and accounting controls and systems to support the organization’s growth
- Oversee and guide the implementation of new accounting, finance and grant related software solutions
- Oversee, direct and provide timely financial reporting and forecasting information for decision-making
- Lead and/or champion change management efforts providing positive financial impact
- Act as the primary adviser and strategic thought partner to the senior leadership team on financial matters
We are looking for a combination of the following qualifications and experience:
- An advanced degree in business, finance, or accounting.
- A minimum of 7 to 10 years of experience in similar positions of responsibility.
- Demonstrated expertise and success in managing finance and accounting for a not-for-profit organization
- Adept at providing strategic financial leadership with a demonstrated willingness to collaborate with the team to perform the day-to-day tasks as needed
- Knowledge of and experience with cloud-based and other accounting software solutions integrating payroll, grant activities and expense reporting. Experience with Sage Intacct, Bill.com, Certify, ADP, and QuickBooks is strongly preferred
- Demonstrated expertise and experience with foundation grant funding activities and reporting
- Demonstrated expertise and experience with indirect cost models and solutions
- Excellent communication, presentation, and interpersonal skills, with a history of achieving superior results
- Enthusiasm, energy, and excellent time and task management skills
- Capacity to work effectively in a support function in a program-oriented, mission-driven organization with a diverse portfolio of work
- Passion for improving the educational experiences and outcomes for low-income students and students of color
- Self-starter mentality and the ability to work independently
- A demonstrated commitment to excellence
- Healthy respect for colleagues
- Goal-oriented, project-oriented, and achievement-oriented
- Strong sense of honor and integrity
- A warm, personal style with a good sense of humor
Salary is commensurate with experience and qualifications. The Education Trust offers a comprehensive benefits package.
The Education Trust is an Equal Opportunity Employer and encourages diversity in all facets of the organization’s work.