Senior Director of Accounting
Minneapolis Jewish Federation
Open until filled
Minneapolis Jewish Federation is seeking a highly skilled and motivated Senior Director of Accounting to join our finance team. The ideal candidate will possess extensive accounting experience, a strategic mindset, and the ambition to advance to the role of Chief Financial Officer (CFO) within the next couple of years.
Primary Duties and Responsibilities
Accounting Leadership: Provide strategic leadership to our accounting department, overseeing financial operations, financial reporting, and compliance with nonprofit accounting standards and regulations.
Hands On Accounting: Perform various accounting tasks including:
- General ledger – journal entries, month end and year end close, account reconciliations, and bank recs.
- Pledge/Grant subsidiary ledger – reconcile to accounts in general ledger.
- Accounts payable distributions – AP review, distribution selection, and ACH reports.
- Foundation accounting – Review and consolidate accounting information into general ledger and funds detail worksheet.
- Annual audit – planning, confirmations, audit workpapers, and consolidated financial statements review.
- Tax returns – planning, tax workpapers, and tax returns review.
- Stock gifts – sell and maintain records of donor stock gifts.
- Donor inquiries – provide timely answers and information to donors as needed.
- Special projects as needed by CFO and other leadership staff.
Reporting: Prepare and present financial reports to senior leadership and external stakeholders including:
- Quarterly department sources and uses of funds statements including variance analyses.
- Quarterly consolidated financial statements for bank.
- Annual tax receipts notices to donors.
- Annual consolidated financial statements and notes for audit.
- Management and other reports as needed by CFO and other leadership staff.
Financial Analysis: Conduct financial analysis, forecasting, and planning to support informed decision-making and maximize financial resources for our mission, and as needed by CFO and other staff.
- Team Development and Supervision: Mentor and supervise accounting staff.
- Process Improvement and Policies/Internal Controls: Identify and implement process enhancements to streamline financial operations and ensure fiscal responsibility and adherence to accounting policies and internal controls.
- Compliance: Ensure adherence to all nonprofit accounting standards, regulatory requirements, and tax obligations.
- Participation and Attendance: Attend meetings and participate in Federation events, community events, and conferences (onsite, offsite, and out-of-town).
- Succession Planning: Work towards acquiring the skills and knowledge needed to assume the role of CFO within the next couple of years.
Experience and Qualifications Requirements:
- Strong analytical, problem-solving, and strategic thinking skills.
- Exceptional communication and interpersonal skills.
- In-depth knowledge of nonprofit accounting principles, standards, and regulations and strong knowledge of nonprofit tax laws and regulations.
- Experience with financial planning, forecasting, and budgeting.
- Strong proficiency in accounting software, financial reporting tools, and Microsoft Excel and Word.
- Ability to work independently and take initiative in a fast-paced environment.
- Excellent attention to detail.
ASPIRATION: To advance to the role of CFO within the next couple of years.
SCHEDULE FLEXIBILITY: Ability to work non-traditional hours dependent on project/organization needs
How to Apply
Please send resume and cover letter to Lisa Michalik at [email protected].