Director of Accounting

3 weeks ago

Providence, United States ONE Neighborhood Builders Full time

**Job Title**:Director of Accounting

**Department**: Finance & Operations

**Reports to**: Senior VP of Finance & Operations

**Effective Date**: March 20, 2024

**Position Summary**

The Director of Accounting reports to the Senior Vice President, Finance and Operations and in collaboration with the SVP Finance and Operations oversees all aspects of the organization?s finances and accounting, including financial accounting systems, internal controls, internal and external reporting, compliance with government funder regulations, and actively manages and forecasts operating and capital cash availability.

**ABOUT **ONE Neighborhood Builders**

ONE Neighborhood Builders (ONE|NB) is a nonprofit community development leader in Rhode Island with a mission to improve lives across Rhode Island through building homes and connecting communities. For more than 35 years it has been at the forefront of the fight to expand affordable housing and foster healthier and more equitable communities.

Through its work, ONE|NB aims to contribute to two outcomes: ensure that Rhode Islanders are able to access and maintain affordable housing and that Central Providence residents and organizations, together, change the conditions that drive health equity and economic mobility. ONE|NB deploys three strategies to achieve these outcomes:

- **Build affordable housing throughout Rhode Island**

ONE|NB will expand the availability of affordable, high-quality homes through the production, preservation, and acquisition of residential and mixed-used properties throughout the state all while providing comprehensive supportive services that will help residents thrive. The organization will coordinate care and provide personalized eviction prevention to residents and provide permanent supportive housing for formally homeless individuals and families.
- **Advocate for changes to policy and practice**

ONE|NB is an outspoken implementer and thought leader in the field, advocating for changes to policy and practice informed by on-the-ground experience. ONE|NB will convene conversations and host community events, participate in local and regional community development conversations, commission research and publish studies, testify on legislative issues, and amplify the impact of our community partners.
- **Serve as the backbone for Central Providence Opportunities: A Health Equity Zone**

ONE|NB will engage residents and community-based organizations in nine Central Providence neighborhoods to increase economic mobility and health equity. The organization will advance initiatives that meet community-identified needs, build capacity, and shift decision-making power to residences, and track, monitor and share ongoing progress towards collective goals.

Founded in 1988 as the Olneyville Housing Corporation, the nonprofit changed its name to ONE Neighborhood Builders when it merged with Community Works Rhode Island in 2015. ONE|NB and its affiliated entities have a consolidated annual operating budget of $13 million, with $75 million of assets. At full complement, ONE|NB employs 32 full-time equivalent team members. The nonprofit is governed by an active, 13-member Board of Directors. ONE|NB is an exemplary-rated member of NeighborWorks America, a nonpartisan, nonprofit organization in Washington, D.C., that supports nearly 250 network organizations around the country that are creating opportunities for people to live in affordable homes, improve their lives, and strengthen their communities.

**Supervision Responsibilities**

The Senior Accountant supervises four direct reports within the Finance team: Senior Accountant, Accounting Associate ? Revenue; Accounting Associate ? Payables; Accounting Associate ? Real Estate.

**Essential Duties and Responsibilities**
- Supervises a team of direct reports setting clear expectations, providing training and coaching, and fostering a communicative, teamwork-oriented environment.
- Responsible for the general maintenance and accuracy of the General Ledger, ensuring accounting records are organized in an orderly fashion.
- Approves and analyzes financial statements and supporting documentation for various levels of the organization. Provides customized and ad-hoc reports as needed and requested by managers.
- Oversees the consolidation and elimination of inter-related company transactions, as prepared by the Senior Accountant.
- Ensures compliance with financial reporting requirements set forth by government agencies, funders, lenders, and partnership agreements.
- Oversees the annual audit process for the organization and its multiple affiliated partnerships; prepares audit workpapers and schedules and records adjusted journal entries.
- Manages cash flow, taking into consideration projected investments in real estate development and special projects and inflow of developer fees and grants.
- Leads the development of annual and multi-year budget forecasts for the organization; liaise with program managers

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