Accounting Senior Manager

2 weeks ago

Washington, United States Ed Trust Full time

ABOUT THE ORGANIZATION AND THE OPPORTUNITY

The Education Trust (Ed Trust) is in search of a Senior Manager of Accounting within its Finance Division. This pivotal role is essential in advancing our mission to eliminate opportunity disparities affecting students of color and those from low-income backgrounds.

The Senior Manager of Accounting is responsible for overseeing the organization's accounting operations. This position entails managing daily financial activities related to accounting and compliance, while also facilitating the monitoring, control, allocation, and utilization of financial resources. Key responsibilities include supervising all accounting functions (such as accounts payable, accounts receivable, payroll, contracts, and corporate credit card reconciliations), designing compliance strategies, ensuring successful audits, and collaborating with various stakeholders across the organization. This role is crucial in maintaining the financial stability of Ed Trust in alignment with our mission.

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

ABOUT THE SENIOR MANAGER OF ACCOUNTING ROLE

The responsibilities and objectives for this role encompass, but are not limited to, the following:

  • Collaborate with the CFO to establish the long-term vision and direction for the Accounting team, translating that vision into actionable short and long-term goals.
  • Lead a dynamic team by identifying and retaining diverse talent, coaching and developing team members, and managing performance effectively.
  • Oversee daily operations of the team, allocate resources efficiently, and support prioritization of tasks.
  • 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 other accounting analyses in compliance 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.
  • Maintain a strong 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 maintenance of financial information software systems.
  • Collaborate across teams on grants management, payroll, and other financial operations.

IDEAL SKILLS AND CHARACTERISTICS

  • Shared commitment to Ed Trust's mission and dedication to enhancing educational equity, particularly focusing on racial equity.
  • Commitment 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 skills.
  • Detail-oriented with a focus on accuracy in both qualitative and quantitative work.
  • Excellent team and people management abilities.
  • Strong verbal and written communication skills.
  • Creative problem-solving and analytical capabilities.
  • Ability to adapt, manage complexity, and exercise sound judgment.

QUALIFICATIONS AND EXPERIENCE

The ideal candidate will possess the following qualifications and experience:

  • A bachelor's degree in accounting, finance, or a related field (CPA preferred).
  • Significant experience (7+ years) in accounting, with progressively increasing levels of responsibility and supervisory experience.
  • Experience with cloud-based or other accounting software solutions that integrate timesheets, payroll, grant activities, and expense reporting.
  • Experience managing accounting functions in nonprofit 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 compensation structure, with a salary range that reflects skills, experience, and internal equity.

The Education Trust prioritizes the health and well-being of its employees and offers a competitive benefits package, including comprehensive medical, dental, and vision insurance, sick leave, vacation leave, and personal leave. The organization follows federal guidelines for holiday closures and provides opportunities for staff to take breaks for rest and renewal.

VACCINATION FOR COVID-19

At The Education Trust, employee health and safety are paramount. All employees are required to be fully vaccinated and remain up to date on their COVID-19 vaccinations. Requests for accommodations due to medical or religious reasons will be considered by Human Resources.

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.

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