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Accounting Senior Manager

2 months ago

Washington, United States Ed Trust Full time

ABOUT THE ORGANIZATION AND THE OPPORTUNITY

The Education Trust (Ed Trust) is seeking a Senior Manager of Accounting within its Finance Division. This position is crucial for driving our mission to eliminate opportunity disparities affecting students of color and those from low-income backgrounds.

In this role, the Senior Manager of Accounting will oversee the accounting operations of the organization. Responsibilities include managing daily financial activities related to accounting and compliance, while ensuring effective monitoring, control, and utilization of financial resources. Key duties encompass supervising all accounting functions (such as accounts payable, accounts receivable, payroll, contracts, and corporate credit card reconciliations), designing compliance strategies, facilitating clean audits, and engaging proactively with various stakeholders throughout the organization. The Senior Manager of Accounting is vital in maintaining the financial stability of Ed Trust in alignment with our mission.

Ed Trust is dedicated to promoting policies and practices that dismantle racial and economic barriers entrenched in the U.S. education system. Through our research and advocacy efforts, we enhance educational equity from early childhood through higher education, mobilize diverse communities committed to equity and justice, and foster political and public support for an education system where all students can succeed.

This role is based in our Washington, DC office and allows for flexible telework options. The Senior Manager of Accounting will report to the Chief Financial Officer (CFO) and lead a small team of accounting associates, interns, and outsourced service providers.

ABOUT THE SENIOR MANAGER OF ACCOUNTING ROLE

The responsibilities and objectives for this position include, but are not limited to, the following:

  • Collaborate with the CFO to establish the long-term vision and strategic direction for the Accounting team, translating that vision into actionable short and long-term goals with corresponding work plans.
  • Lead a dynamic team by identifying and nurturing diverse talent, coaching and developing team members, and evaluating performance.
  • Oversee daily operations of the team, managing resource allocation and supporting task prioritization.
  • Establish internal controls and guidelines for accounting transactions.
  • Supervise the general ledger, reconciliations, and month-end and annual closing schedules.
  • Monitor weekly financial activities to ensure adherence to operational policies and procedures.
  • Prepare financial statements, forecasts, and analyses that comply with generally accepted accounting principles (GAAP).
  • Manage the annual audit process, including preliminary work, year-end audit engagements, audit schedules, financial statement drafts, and production of Form 990.
  • Develop and maintain a comprehensive understanding of accounting, tax, and legal principles.
  • Ensure compliance with local, state, and federal regulations.
  • Enhance accounting and financial policies, procedures, and systems.
  • Oversee the daily management of financial information software systems.
  • Collaborate across departments on grants management, payroll, and other financial operations.

IDEAL SKILLS AND CHARACTERISTICS

  • A shared commitment to Ed Trust's mission and a focus on improving educational equity, particularly racial equity.
  • A dedication to fostering an equitable work environment.
  • Openness to receiving and providing constructive feedback.
  • Expertise in nonprofit accounting practices and systems.
  • Strong project management and organizational capabilities.
  • Attention to detail and a commitment to accuracy in both qualitative and quantitative tasks.
  • Excellent team leadership and people management skills.
  • Strong verbal and written communication abilities.
  • Creative problem-solving and analytical skills.
  • Capacity to adapt, manage complexity, and exercise sound judgment.

QUALIFICATIONS AND EXPERIENCE

  • A bachelor's degree in accounting, finance, or a related field (CPA preferred).
  • Significant experience (7+ years) in accounting, with increasing levels of responsibility and supervisory experience.
  • Proficiency in using cloud-based or other accounting software solutions that integrate timesheets, payroll, grant activities, and expense reporting.
  • Experience managing accounting functions in 501(c)(3) and 501(c)(4) organizations.
  • Expertise in grant funding activities and reporting.
  • Knowledge of accounting standards for nonprofits, including GAAP and FAS.

COMPENSATION

This position falls within Level E of our Washington, DC compensation structure, with a salary range based on skills, experience, and internal equity.

The Education Trust prioritizes employee health and well-being, offering a competitive benefits package that includes comprehensive medical, dental, and vision insurance, generous leave policies, and a 403(b) retirement plan with a significant employer contribution.

VACCINATION FOR COVID-19

The health and safety of our employees is paramount. Therefore, all employees are required to be fully vaccinated and remain up to date on COVID-19 vaccinations. Requests for accommodations due to medical or religious reasons will be considered.

QUALIFIED CANDIDATES, PLEASE APPLY

The Education Trust is an equal opportunity employer and welcomes candidates from diverse backgrounds.

To apply: Please provide an updated resume and respond to the short answer questions in lieu of a cover letter.