Novo’s client, is
a private nonprofit 501(c)(3), independent grantmaking, charitable group based
in Milwaukee, WI. Through grants our client helps to fund projects that are
aligned with their mission. The core areas of interest include promoting
fidelity to our constitutional order, a commitment to free markets, a
dedication to the formation of informed citizens and fostering a strong civil
The Director of
Finance, Assistant Treasurer, reports to the Vice President for Finance,
Technology and Operations, and is
a member of the leadership team led by President and CEO. The organization is
developing a culture of enhanced collaboration, and the Finance and
Accounting function is evolving amidst this transformational change. This
hire will work with all members of management while directing financial
reporting, internal accounting, taxes, and budgets in accordance with
policies, goals, and objectives to name a few of the responsibilities. S/he
will perform as the Controller of the organization. S/he will be supported by
and directly manage two to three internal resources; s/he will be able to
assist in the design of his/her team. Historically, the team has included an
Accounting Manager and an Accountant.
will be expected to embrace the Key Behaviors. These focus on leadership
impact, self-awareness, effective communication, being an intelligent risk
taker, operating within a level of professional excellence, fostering
teamwork, being a champion of change and genuinely making people better all
while getting results. Collaboratively the organization is determined that
these behaviors will be embraced by and reflected in the persona of every new
hire. Furthermore, it is expected that everyone working here will adhere to
standards set for each of these categories. (Novo can provide a copy of
addition to working closely with the Vice President for Finance,Technology and Operations s/he will interact
frequently with and support the President/CEO. In addition to overseeing accounting
and financial reporting, s/he will be responsible for directing the grants
payment and investment accounting functions.
Furthermore, together with
the Vice President for Finance, Technology and Operations and investment
consultants s/he will gather and provide portfolio and financial related
information, and interact with and attend the Client’s Board, Audit and
Finance Committee meetings. S/he will monitor and report on the portfolio,
including public equities and private illiquid investments. Also, s/he will
have frequent contact with bankers, accountants, and investment
professionals, including responding to custody and investment manager
inquiries and providing internal control for all financial transactions. S/he
is responsible for treasury management and is able to initiate or approve
cash transfers at the Our non-profit client’s bank and custodian.
Our non-profit client is committed to
organizational excellence in all aspects of operations. S/he will have an
appreciation for and commitment to staying current on accounting and tax
reporting matters as they relate to non-profits, and for sustaining mechanisms
that meet all established internal operating policies and external regulatory
audit and tax requirements.
As previously mentioned, our
client is a small,
dedicated team of under 30 FTE’s. Therefore, it is expected that this hire be
a leader with a natural tendency to be a team player, to collaborate and be
transparent, and have a talent for positive, results oriented interactions. S/he
ideally will serve as an internal resource for staff regarding accounting
policies and issues, and for human resources on accounting matters. S/he will
have experience and/or comfort working within non-profits and be aligned with
What Makes This an Unusual and Exciting
Rich History: A Milwaukee non-profit
steeped in history but with a broad national reach.
Strong Organizational Reputation: Comprised of highly skilled and competent
individuals. Everyone is dedicated to working in a highly collaboratively environment
with little need for managerial layers.
Board Support: The board of directors is composed of an
impressive and accomplished set of local and national business and academic leaders,
providing solid support.
In addition to those listed in the Position
Summary s/he recommends and manages the development and implementation of
financial and investment accounting and reporting systems, standards and best
practices for financial reporting, including investment reporting, and
internal control procedures. Manages to ensure
compliance with generally accepted accounting principles and to conform with
tax and regulatory rules applicable.
Manages accounting functions, reviews
entries from a variety of sources, and manages month-end and annual
reconciliations and close of the books.
Reviews investment reconciliation for
various accounts, commission recapture, asset allocation rebalancing, and
Attends and prepares Audit and Finance
committee materials and meeting minutes. Attends Board meetings and assists
in preparing meeting minutes.
Provides oversight for grant payment
Coordinates annual audit as well as filing
of annual tax returns and estimated payments of all federal, state and local
taxes. Manages the maintenance of tax records and files. Responds to
inquiries from government agencies regarding tax filings, compliance, claims
and related matters.
Coordinates annual budget process, reviews
budget for coherence with spending policy, and attends and prepares budget
materials for Board meetings.
Reviews monthly cash flow analysis, financial
statements, supporting investment reports related to monthly closings and
flash report for internal and external distribution.
Reviews and approves the payable/cash
Directly manages the accounting manager and
additional finance staff as needed. Responsibilities include hiring,
training, performance management, and discipline.
Coordinates with the HR Director on payroll,
SEP/SERP and other compensation plans and processing.
Participates as a leadership team member on
matters affecting the overall general operation.
May make decisions and recommendations that
influence work performed by other departments.
Carries out duties under the guidance of the
Investment and Spending policies and may be assigned additional duties and
projects by the CEO or Vice President for Finance, Technology and Operations
as previously mentioned.
Your success will be measured and based on:
Timeliness, accuracy and quality of work prepared.
Responsiveness to meet and surpass the informational needs of
Ability to meet deadlines while moving toward and fulfilling annual
and strategic goals.
The value you bring by effective planning and executing with
discernment to achieve desired outcomes.
Demonstrated work management abilities with proven written and verbal
communications that encourage strong and productive working relationships
within the organization, outside vendors and other community business
Ability to keep information confidential.
Soundness of business decisions.
Willingness and ability to provide ideas for process improvement.
Ability to identify and escalate issues.
Minimum of five
years of progressive finance management experience either directly or through
public accounting. (Non-profit experience is a plus.).
CPA with overall 10+
years of accounting, auditing and tax principles and practices.
Understanding of investments, investment
accounting practices and reporting, investment practices, regulations, and/or
financial markets is ideal. Non-profi accounting or experience with a similar
governance model a plus.
Respect for the mission and culture.
High ethics and strong moral compass.
Proven collaborative disposition.
Strong ability to quickly build rapport.
Exceptional, effective and transparent communication style (verbal and
written) with all levels inside and outside.
Developing or proven
experience with partnership and foreign investment taxation.
Strong working knowledge
of computer applications and software.
Critical thinker and
effective problem solver.
experience; advanced spreadsheet/database skills.
Detail oriented and
- ability to effectively manage and carry-out
multiple competing priorities and deadlines.
Ability to adapt to
and adopt new technology.
Desired Experience and Traits:
Ability to work effectively with
conflicting priorities, under pressure, able to meet deadlines, maintain accuracy,
and make timely decisions
Extensive experience working in a
team-oriented, hands-on, collaborative environment; however, s/he needs to be
comfortable being self-motivated with an eye toward best practices, innovation
Ability to inspire, develop and
communicate proven best practices and systems/processes in accounting,
finance and investments within the organizational context
degree in accounting and CPA certification required.
includes participation in a pay for performance bonus program.
100% Medical Premiums for Employee and Family
100% Dental Premiums for Employee and Family
Vision Insurance- Small Premium
100% Life insurance Premium for Employee
100% Disability Premiums- Short-Term Disability / Long-Term Disability
Quarterly contribution to this level Employee's SEP account (15% of
Personal Time Off (Holiday, Vacation, Sick Time), etc.
information contained in this document is CONFIDENTIAL to Novo Group, Inc.
and the client named above. We share
it with others only for the purpose of determining where there may be an
appropriate match between the client’s requirements and prospective
candidates’ interests and qualifications.
No other use of the information is authorized. Novo Group, Inc. is an
equal opportunity employer and recruitment services provider and does not
unlawfully discriminate against any applicant or candidate on the basis of
race, color, religion, sex, national origin, age, disability, sexual
orientation, or any other class protected by federal or state law.
Req ID Number: JO-1906-6403
EEO Job Category: 2.0 Professionals