| The Packer Collegiate Institute, an independent, Pre-Kindergarten through 12th grade day school in Brooklyn, seeks an experienced Director of Finance to oversee the School’s day-to-day financial functions including budgeting, accounts payable, accounts receivable, general accounting and reporting, compliance, audit, and annual year end closing. Reporting to the Chief Financial and Operating Officer, the Director of Finance will assist in developing and maintaining the annual budget of roughly $65M. The Director of Finance is the school’s expert on generally accepted accounting principles, from properly recording transactions to preparing the annual financial statements with accompanying footnotes. They will drive Packer’s ongoing efforts to streamline financial processes and policies and ensure proper controls and structures are in place to be compliant and to protect the assets of the school. ESSENTIAL FUNCTIONS Specific responsibilities of the Director of Finance will include: -
Overseeing the School’s internal financial control structure as it relates to the policies, procedures, and documentation of all accounting and financial reporting activities; -
Ensuring continued sustainability of all financial information, processes, and systems through proper documentation and training; -
Managing general ledger accuracy, cash flow projections, and the full calendar of accounting-related activities; -
Being responsible for all cash receipts from all sources posted to the General Ledger including cash, checks, incoming wires, ACH deposits, and credit card deposits, and oversee the fiscal year end close; -
Managing the accounts payable function: Oversight of payments system, including access of employees to physical and virtual credit cards; determine approval process for invoices -
Overseeing monthly budget reports; monitor actual results compared to budget through the year; facilitate a timely monthly close; assist departments in managing resources; and monitor actual results; -
Overseeing financial reconciliations including investment, and endowment, auxiliary programs, and ensure development accounts are accounted for accurately and appropriately; -
Managing and leading a team of 2-3 professionals in fulfilling the responsibilities of the department and providing outstanding customer service to School leadership, staff, faculty, and other members of the community; -
Managing the payroll function with salary and benefits totaling roughly $45M; including roughly 270+ faculty and staff on payroll, while partnering closely with Human Resources colleagues within the Business Office -
Working and partnering directly with the auditors to mandate the annual financial statement; -
Ensuring adherence to regulatory, tax and other reporting requirements in an accurate and timely manner; -
Fostering positive relationships with team members and various stakeholders; -
Motivating and leading their team to achieve goals while fostering a positive environment which encourages collaboration and accountability; -
Encouraging their team to pursue professional development opportunities to help enhance their skill set and grow professionally and personally; -
Performing other projects, initiatives, and duties as necessary and assigned. |