Director of Accounting

Minneapolis Jewish Federation envisions a Jewish community that is empowered, engaged, and
inspired to realize its full protentional.

TITLE: Director of Accounting

FUNCTIONAL AREA: Finance and Accounting

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.

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.
• 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.

RESPONSIBILITIES:

• Accounting Leadership:
  Provide strategic leadership to our accounting department, overseeing financial operations and compliance with nonprofit accounting standards and regulations.
• Hands On Accounting:
  Perform various accounting tasks including:
• General ledger – cash receipts, 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 Grants and consolidate accounting information into general ledger and funds detail worksheet.
• Annual audit – planning, confirmations, audit work papers, and consolidated financial statements preparation.
• Tax returns – planning, tax work papers, 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 reports for senior leadership including:

• Quarterly department sources and uses of funds statements including variance analyses.
• Quarterly consolidated financial statements for bank.
• Annual tax receipt 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).