Minneapolis Jewish Federation envisions a Jewish community that is empowered, engaged, and inspired to realize its full protentional.
TITLE: Director of Accounting
REPORTS TO: Chief Financial Officer
STATUS: Regular, full-time, exempt
SALARY: $90,000 to $110,000 annual
Minneapolis Jewish Federation is seeking a highly skilled and motivated Director of Accounting to join our finance team. The ideal candidate will possess extensive accounting experience, and a strategic mindset.
Position Requirements:
EDUCATION: Bachelor’s degree in accounting, finance, or a related field (master's degree or CPA desirable) EXPERIENCE: 10+ years of progressively responsible accounting and finance experience with at least 5+ in the nonprofit sector with:
• Hands-on day-to-day accounting and reporting tasks including general ledger and financial statement preparation responsibilities.
• Assisting in audit and income tax preparation.
QUALIFICATIONS:
• Strong analytical, problem-solving, and strategic thinking skills.
• Exceptional communication and interpersonal skills.
• In-depth knowledge of nonprofit accounting principles, standards, and regulations and strong knowledge of nonprofit tax laws and regulations.
• Experience with financial planning, forecasting, and budgeting.
• Strong proficiency in accounting software, financial reporting tools, and Microsoft Excel and Word.
• Ability to work independently and take initiative in a fast-paced environment.
• Excellent attention to detail.
SCHEDULE FLEXIBILITY: Ability to work non-traditional hours dependent on project/organization needs.
Key Areas of Responsibility:
• Accounting Leadership: Provide strategic leadership to our accounting department, overseeing financial operations, financial reporting, and compliance with nonprofit accounting standards and regulations.
• Hands On Accounting: Perform various accounting tasks including:
- • General ledger – journal entries, month end and year end close, account reconciliations, and bank recs.
- • Pledge/Grant subsidiary ledger – reconcile to accounts in general ledger.
- • Accounts payable distributions – AP review, distribution selection, and ACH reports.
- • Foundation accounting – Review and consolidate accounting information into general ledger and funds detail worksheet.
- • Annual audit – planning, confirmations, audit workpapers, and consolidated financial statements review.
- • Tax returns – planning, tax workpapers, and tax returns review.
- • Stock gifts – sell and maintain records of donor stock gifts.
- • Donor inquiries – provide timely answers and information to donors as needed.
- • Special projects as needed by CFO and other leadership staff.
- • Reporting: Prepare and present financial reports to senior leadership and external stakeholders including:
- • Quarterly department sources and uses of funds statements including variance analyses.
- • Quarterly consolidated financial statements for bank.
- • Annual tax receipts notices to donors.
- • Annual consolidated financial statements and notes for audit.
- • Management and other reports as needed by CFO and other leadership staff.
• Financial Analysis: Conduct financial analysis, forecasting, and planning to support informed decision-making and maximize financial resources for our mission, and as needed by CFO and other staff.
• Team Development and Supervision: Mentor and supervise accounting staff.
• Process Improvement and Policies/Internal Controls: Identify and implement process enhancements to streamline financial operations and ensure fiscal responsibility and adherence to accounting policies and internal controls.
• Compliance: Ensure adherence to all nonprofit accounting standards, regulatory requirements, and tax obligations.
• Participation and Attendance: Attend meetings and participate in Federation events, community events, and conferences (onsite, offsite, and out-of-town).
