Director of Finance

Who We Are The Dream Yard Vision

Building Artists
- Building Community
- Building Dreams
- To change the world.

Dream Yard (DY), founded in 1994, is an arts and social justice education organization dedicated to working with Bronx youth, families, and schools to build pathways to equity and opportunity. Dream Yard’s yearlong arts programs develop artistic voices, nurture young people's desire to make change, and cultivate the skills necessary to reach positive goals. By committing to sustained learning opportunities along an educational pathway, with 45 partnering public schools, K-12th Grade, with our own DY Prep HS School, and in Dream Yard’s Community Art Programs in Morrisania, Dream Yard supports young people as they work toward higher learning, meaningful careers, and social action.

We seek to be effective locally while having a national and international impact through partnerships, collaboration, and learning exchanges. At Dream Yard, we commit to being an anti-racist organization.

The Director of Finance manages strategic and operational aspects of the organization’s finances and effectively communicates the results, issues, and opportunities to all stakeholders. This position must understand nonprofit finance, accounting, and systems with an ability to fiscally manage the organization in the areas of accounting, accounts payable and receivable, payroll, grants administration, operations, capital spending, and financial reporting. The Director ensures compliance and sound internal controls and will play a critical role in guiding Dream Yard’s financial future and supporting its mission.

The Director of Finance will report to the Chief Operating Officer and will manage the Junior Accountant.

Financial Planning and Analysis

• Lead annual budgeting and planning process

• Administer the implementation of annual budgets for each department and review all budgets (operations, programs, cash, grants, etc.) with monthly monitoring and reporting of progress.

• Develop and maintain cash flow projections, monitoring cash position closely.

• Prepare financial analysis and reports for the Finance Committee and Board of Directors for quarterly Board meetings.

• Manage all financial, project/program, and grants accounting, and collate financial reporting materials for all funder segments in collaboration with Development and Program teams

• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements.

• Partner with the financial consultant to provide fiscal oversight for the organization.

• In partnership with the COO and financial consultant, facilitate the development of an organization-wide financial strategy.

• In partnership with the COO and financial consultant, develop financial forecasts; lead a multi-year financial planning scenario and contingency planning process.

• Participate in regular Leadership Team meetings and provide leadership throughout the organization in collaboration with the COO as it relates to organizational finances and setting goals aligned with Dream Yard’s organizational mission, values, and commitment to racial equity.

Accounting

• Oversee all accounting and finance functions, managing the Junior Accountant in administering accounts payable and accounts receivable, bank reconciliations, and the timely completion of the monthly closing process and preparation of related financial reports.

• Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements.

Financial Operations

• Lead annual audit preparation, liaise during all audit phases.

• Implement financial policies and procedures that maintain an effective internal control environment with proper segregation of duties and oversee adherence to policies.

• Ensure that the contract billing and collection schedule is adhered to, and that financial data and cash flow are steady and support operational requirements.

• Ensure financial and operational systems are standardized, automated, accurate, accessible (in real-time), and in sync across the organization;…