Managing Director of Finance
Managing Director of Finance
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$ 175000 - 200000
1 Vacancy
Job Description
TITLE: MANAGING DIRECTOR OF FINANCE Managing Director of Finance (MUST have experience with grants managementCity State and Federal and with publicly funded organizations of $20M.
COMPANY: GRAND ST. SETTLEMENT
LOCATION: New York NY (Lower East Side)
REPORTS TO: Chief Executive Officer
SCHEDULE: Onsite MF generally 95 some nights or weekends asneeded
SALARY RANGE: $175000 to $200000 annually depending on experience plus excellent benefits
DATE POSTED: February 2025
OVERVIEW:Grand St. Settlement (GSS) seeks an entrepreneurial and ambitious Managing Director of Finance to lead the organizations financial strategy during a period of significant growth. Our ideal candidate is excited to grow with us overseeing the outsourced company that has been managing our finances strengthening and building our inhouse finance team. A passion for our mission is critical: To expand opportunities for lowincome families and individuals by providing culturally relevant services that support communitybuilding advocacy selfdetermination and an enriched quality of life. Grand St. Settlement is in the business of improving peoples lives. The Managing Director of Finance will play a central role in our continued growth and ensure our ability to deliver on that in 1916 GSS has provided social services to lowincome New Yorkers for over a century. As an equal opportunity employer we are committed to building a diverse team representing the communities we serve at all levels of our organization. GSS is an equal opportunity employer. We embrace diversity and are committed to building a team that represents a variety of backgrounds perspectives and skills. We strive to create an inclusive environment for all employees. Our goal is to have a diverse and representative workforce at all job levels and departments for the people we serve.
OUR CULTURE: At Grand St. we believe leaders are made not born. We operate on auto trust expecting staff to do their jobs well and continue to grow professionally. We assume the best intentions and give grace whenever needed. Diversity equity and inclusion are integral to our culture and personified by our leadership. Grand St. is a community; we strive to make everyonecolleagues and constituentsfeel supported and seen.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
The job duties fall into four categories:
JD MDF GSS
FINANCIAL LEADERSHIP & STRATEGY:
- Lead financial operations and develop strategies that align with GSSs objectives.
- Collaborate with CEO and executive team to implement financial strategies that drive growth and support our mission.
- Direct budgeting forecasting and financial planning to optimize productivity and manage costs.
- Oversee multimillion dollar budget and maximize public funding opportunities.
- Oversee liquidity management to ensure sufficient operating reserves.
- Ensure timely submission of all accounts receivable to ensure cash flow.
- Identify and mitigate financial risks.
GRANTS & COMPLIANCE MANAGEMENT:
- Advocate for financial needs through strategic planning.
- Develop grant budgets and manage funding allocation to ensure expense coverage and compliance.
- Ensure compliance with legal and regulatory standards and deliver accurate and ontime reports for government funders and auditors.
- Submit accurate and timely Indirect applications to federal agencies to maximize indirect funding available for each grant.
- Prepare financial reports to Foundations and private funders.
- Collaborate with Development Team on grant management and reconciliation of contributions.
TEAM LEADERSHIP & OPERATIONS:
- Build inhouse finance team including Controller and Director of Grants Management.
- Supervise Director of Administration Controller and Director of Grants Management.
- Provide leadership to each department head in establishing and monitoring their department budget.
- Manage outsourced finance services (provided by BTQ Financial and Consero Global) auditor relations and compliance requirements.
- Proactively oversee agencys audits with BTQ team.
- Develop and monitor payroll allocations indirect and administrative costs.
- Manage variance meetings with BTQ.
- Foster excellence and continuous improvement within the finance team.
REPORTING & STAKEHOLDER MANAGEMENT:
- Deliver financial reports to Board of Directors Finance Committee and senior leadership.
- Manage relationships with auditors financial institutions and stakeholders.
- Enforce financial policies to ensure departmental budget compliance.
SKILLS KNOWLEDGE:
- You are dynamic thoughtful and creative with an entrepreneurial spirit and strong work ethic.
- You take ownership of your work think strategically take thoughtful action and require minimal direction and oversight.
- You are coachable and committed to feedback as an integral part of continued growth and improvement.
- You have excellent analytical problemsolving and decisionmaking skills.
- You are an effective communicator who can clearly explain financial information to financial and nonfinancial stakeholders and listen respectfully.
- Excellent analytical problemsolving and decisionmaking skills.
- You are a leader with outstanding interpersonal skills and an ability to inspire and motivate a team.
- You care about people and the state of the world and want to contribute to Grand St. Settlements mission growth and legacy.
EDUCATION EXPERIENCE REQUIREMENTS:
- A bachelors degree in accounting finance etc.; an MBA or MPA is strongly preferred.
- CPA CFA or other financial certification is a plus.
- At least 10 years of progressively responsible experience in financial management with at least 5 years in a nonprofit organization.
- Must have experience with grants managementCity State and Federal and with publicly funded organizations of $20M.
- Strong leadership and management skills with experience building and leading highperforming teams.
BENEFITS:
- Generous medical insurance coverage
- 5 employer contribution to our 401k plan after one year
- 24 vacation days annually four discretionary days and 12 sick days annually
- Guaranteed life insurance and voluntary longterm disability insurance
- Flexible spending accounts
Employment Opportunity Employer (EOE)
HOW TO APPLY:
Please submit a resume and thoughtful cover letter outlining how your skills & experience meet the job description to . Please include three professional references that we can contact; at least one should be a former supervisor.
If selected for this position you must obtain fingerprint clearance throughout employment.
Required Experience:
Director
Employment Type
Full-Time
