Director of Finance
Operations & IT | Oakland, CA
Reading Partners launched in 2001 with the mission to expand opportunities for children in underserved communities by fostering a lifelong love of reading, developing strong literacy skills, and building the confidence and self-esteem critical to empowerment and community development. Reading Partners provides children with robust one-on-one reading support through a structured, research-based curriculum that engages students and provides basic building blocks to supplement their academic growth. Working in partnership with teachers, schools, and community volunteers, Reading Partners has established 60+ programs nationwide. Currently, Reading Partners serves over 2,800 students in California, Washington DC, New York, Texas and Maryland with plans for growth into other regions in the near future.
Reading Partners is seeking an entrepreneurial, savvy, hands-on financial manager as the Director of Finance (DOF) to join us in continuing our organizational vision and growth. As Reading Partners expands programs and services, the DOF will be a key contributor by overseeing day-to-day financial functions: financial management and analytical reporting, business planning and budgeting, federal grants compliance and cash management to ensure quality and compliance.
The ideal candidate will have a proven track record of effectively partnering with internal staff to develop budgets, conduct scenario planning, and build financial systems to scaffold organizational growth. The DOF will have a keen analytical ability in interpreting financial data. S/he will be an adept communicator who can easily translate financial data into relevant action items to guide and strengthen overall organizational as well as regional growth.
The Director of Finance will report directly to the CFO. This position will also work closely with members of the Accounting, Program, and Fund Development team located at the Oakland Headquarters office. S/he will also provide support to Regional Executive Directors across the country.
- Consistently analyze financial data and present financial reports to the CFO, management team and board of directors in an accurate and timely manner
- Clearly communicate monthly, quarterly and annual financial statements
- Ensure effective financial/accounting policies and processes, developing finance and administrative systems to support program operations as needed
- Manage cash flow on a 24 month horizon, producing regular forecasting reports that are reconciled with actuals
- Oversee cash management, developing policies aligned with size and scale of operations
- Support the CFO in engaging the board's finance committee around issues and trends in financial operating models and delivery
- Manage the timely release of restriction processes working collaboratively with the Controller and accounting and program staff
- Support the Accounting team during the annual audit process
Budgeting & Forecasting
- Oversee and lead RP's annual budgeting and planning process, creating a budget development system that will be disseminated to regions
- Train regional staff on budget development & planning, working with them to create regional budgets
- Administer and review all financial plans and budgets, acting as a project lead for integration and formatting
- Monitor financial performance progress and changes relative to budget with a view to identify, explain and correct variances as appropriate; keep management team abreast of RP's financial status
- Conduct budget modifications in conjunction with regional staff and CFO as needed
Federal Grants/Restricted Gifts/Contracts Management and Reporting
- Oversee multiple federal grants, ensuring adherence to compliance requirements and to all contract invoicing schedules
- Develop and manage grant and program budgets for federal grants, ensuring that expenditures are consistently aligned with budget during grant periods
- Design and implement a robust contracts management reporting system to ensure discrete tracking of multiple federal grants, including multi-source funding components
- Liaise with programmatic and fundraising staff for compliance coordination; train staff on requirements as needed
- Perform other duties as required and assigned.
- Bachelor's degree in Finance, Economics or equivalent experience
- Minimum of 5 years of relevant experience in financial management, with demonstrated ability to perform daily financial functions with limited supervision
- Experience with developing budgets and financial models of significant size/complexity
- Ability to translate and teach financial concepts to and effectively collaborate with staff that don't have financial backgrounds
- Excellent computer skills, including fluency in Microsoft Excel and other Office applications
- Keen analytic, organization and problem solving skills which allows for strategic data interpretation versus simple reporting
- Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board or other outside stakeholders
- Flexibility and adaptability in work style and schedule
- Responsibility and ability to self-manage
- Ability to interact effectively with diverse groups and cross-functionally
- MBA or equivalent advanced degree
- Investment Banking or equivalent financial modeling experience
- Experience with non-profit finance and/or accounting, including fund accounting
- Track record in federal grants management, including federal budgeting/planning
- Experience with QuickBooks for non-profits
- Experience with high-growth organizations and/or nationally scaled business models
Salary is competitive and commensurate with experience. This is a full-time, exempt, salaried position with benefits including vacation, sick, and PTO schedule including flextime options, comprehensive medical, dental, and vision for employees and dependents, Life and LTD insurance.
To apply, submit the following items:
- Cover letter indicating reasons for your interest in the position, relevant experience/qualifications for the position, salary requirements and salary history.
Applications will be considered on a rolling basis. Position will remain posted until filled. No phone inquiries
Reading Partners is an Equal Opportunity Employer, with a strong commitment to diversity in the workplace.