Director of Finance at Youth Collaboratory
Director of Finance
- Remote, Anywhere, USA or Pennsylvania, United States
- Full time
Youth Collaboratory, is inviting applications and nominations for a Director of Finance, reporting to the Deputy Director of Administration/Operations, and serving as a member of the Leadership Team. The new Director’s primary responsibility will be to drive growth and impact by ensuring that Youth Collaboratory’s financial strategies, tactics, infrastructure, and capabilities are strong, aligned and fully realized to support the organization’s strategic direction and goals. S/He/They will also be instrumental in creating a culture of trust and accountability, transparent communication, and continuous improvement and innovation.
About Youth Collaboratory
Youth Collaboratory harnesses the power of the youth services community to innovate, evaluate, and drive effective strategies that assure the safety and well-being of youth and young adults, unlocking their limitless potential.
Our greatest strength lies in our ability to engage and retain a dynamic network of hundreds of organizations across all 50 states. Together, we are able to advance the work of communities in real-time, raise the level of conversation around key issues, increase cross-sector communication, drive national research, and increase support in three key focus areas:
- Coordinated community responses to youth and young adult homelessness
- Preventing and addressing relationship violence, sexual exploitation, and trafficking of youth
- Supporting opportunities for young people to build community with family, peers, and others to enhance their assets, explore their strengths, and develop lasting connections
We are known for providing high-quality, highly regarded training and consulting that successfully unearths local innovation and elevates effective practices. Through these targeted services, strategic national partnerships, and research-based program models, we operate across sectors to help youth-service providers focus on one goal: strengthening outcomes for youth and young adults.
In the last few years, our network has experienced significant growth – attracting innovators in practice, research, advocacy, and funding – and our core membership has grown by 250%. To make the kind of difference we want to make, we need to continue to build our capacity to educate and engage at a rapid and meaningful rate.
More information about Youth Collaboratory can be found at www.youthcollaboratory.org.
Support the Leadership Team in Operational Design and Management
The new director will assist the Deputy Director of Administration/Operationswith creation, monitoring and assessment of financial plansto includeanalysis and projectionsofrevenue sources,use ofexpenses, maximizing indirect cost reimbursement, cash flow requirements and debt reduction.She/He/They will work closely with the leadership team to analyze financial results and assist with operationalplanningforproperfinancial management to ensure compliance with funding agency and donor restrictionswhileutilizing resourcesappropriately.
Lead Day-to-Day Operations of Functional Accounting Oversight and Management
The Director of Finance will be responsible for the leadership and management of the finance team, including the overall administration of financial transactions, accrual accounting records, and reporting. She/He/They will oversee and manage preparation and administration of financial transactions, accrual accounting records, and reporting in compliance with internal financial policies, general accepted accounting principles (GAAP), applicable governmental regulations, terms and conditions of grants/contracts, and accreditation standards for non-profits.
Manage Reporting and Financial Analysis for Monitoring Agency Financial Health
The Director of Finance will oversee and manage the preparation of monthly and quarterly financial reports for presentation to senior management and board of directors including reports with variance analysis (balance sheet, income statement, cash flow) that includes appropriate and meaningful metrics to monitor and assess the overall financial health of the organization, donor-restricted funds activity, cash flow projections, and any other reports that will assist senior management in making operational and financial decisions. She/He/They will collaborate with the Deputy Director of Administration/Operations and other leadership team members to design and develop financial and statistical reporting for all grants and contracts and action plans for the overall financial health of the organization.
Support and Sustain Quality Budgeting and Forecasting
The Director of Finance will work in collaboration with the Deputy Director of Administration/Operations to prepare an annual operating budget, including the design and execution of the process. She/He/They will work closely with department managers to gather information that ensures the incorporation of program goals and objectives throughout the budget development process. She/He/They will oversee the completion approved budget process within an appropriate financial reporting system.
Provide Leadership for All Audit Functions and Federal Grant Maintenance
The Director of Finance, in conjunction with the Deputy Director of Administration/Operations, will design, review, and maintain policies and procedures and internal control systems.This includes the development of action plans relative to internal control needs, maintenance of grant/contract files, as well as maintenance and improvement of all aspects of financial operations. She/He/They will be responsible for the preparation and oversight of external financialaudits.
The Director of Finance will play a lead role in the maintenance of all Federally funded grants including budget preparation/modifications, requests for grant payments, and budget reporting is conducted through designated Federal reporting systems. She/He/They will ensure compliance with Federal grant guidance and regulations such as oversight of monitoring (subgrantee and compliance), onboarding, SMFR processing, conducting fiscal monitoring, and providing support for Federal grant audits.
Maintain and Model Unwavering Commitment to Racial Equity and Anti-Racist Practices
The new Deputy Director A/O will welcome and invite the examination of tensions, hard work, and healing inherent in social justice, power-building, and equity-centering in both the organizational and the programmatic work. Upholding the above stance while engaging internal and external members and constituents requires a high degree of EQ, artfulness, leadership maturity, and values-based discipline. He/She/They will be expected to be accountable for leading equity and inclusion practice within the department, utilizing an equity lens to assure commitment and application of Youth Collaboratory’s equity values, and centering of Youth Collaboratory equity constituencies, with internal staff, external partnerships and the communities we serve.
The Ideal Candidate
The ideal candidate will be first and foremost committed to Youth Collaboratory’s mission and the visionary evolution of its next level of impact. While no one person will embody all of the qualities enumerated below, the ideal candidate will possess many of the following professional and personal abilities, attributes and experiences:
- Connects with and believes in Youth Collaboratory’s mission.
- Aligns with and supports Youth Collaboratory’s Equity and Liberation commitment and our commitment to Authentic Youth Collaboration.
- Diverse experience within the non-profit youth services field.
- Experience in supervising and hiring.
- Excellent leadership and organizational abilities.
- Demonstrated success innovating solutions to increase productivity and profitability.
- A passion for the values and beliefs of youth development programming.
- Strong relationship-building and networking skills.
- An excellent communicator, oral and written.
- A creative thinker who can develop, communicate, and implement project plans.
- Ability to autonomously drive a personal work agenda while working cooperatively in a team environment.
- Knowledge of technical programs and the ability to learn new ones.
- Strong knowledge of Google and Microsoft applications.
- Strong knowledge of Salesforce.
- Bachelor of Science/Bachelor of Arts in Accounting/Finance required advanced degree and/or CPA designation preferred.
- Minimum of 5 years of finance director level experience, including managing the accounting for a $3M to $6M social service, intermediary or similar nonprofit organization.
- An additional 5+ years of progressive experience in general accounting with solid knowledge of GAAP nonprofit requirements.
- Prior supervisory experience is required.
- Solid knowledge of financial analysis and forecasting including but not limited to:
- Experience with audit and contract and grant compliance.
- Experience with revenue cycle and month-end close.
- Proficient in Microsoft Office, and financial management software (QuickBooks preferred)
- Experience in Federal funding, specifically with A122 Cost Principles preferred.
- Proven success in building relationships and excellent customer-focused competencies.
- Experience working in a remote environment, including supervision of remote staff preferred.
At Youth Collaboratory, we hire incredible people who do great work and encourage them to take a break when they need it! We offer a generous supply of leaves including three weeks of vacation, a vacation bonus that can only be used if you truly unplug, 14 paid holidays, and personal leave. We cover 90% of medical insurance and 100% of dental and vision employee-only premiums. Employees will also receive 100% employer-paid short-term disability, long-term disability, and basic life. Employees can also contribute to a tax-deferred Simple IRA.
Youth Collaboratory is currently engaging in a comprehensive internal pay equity assessment. The anticipated salary range for this role is $80-93k plus benefits and will be finalized in accordance with the internal pay equity analysis.
Youth Collaboratory is an equal opportunity employer. We recruit and hire without regard to race, national origin, religion, gender, gender identity, sexual orientation, disability, marital status, veteran status or age.
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