About Novo Group | Novo Group
Director of Finance, Assistant Treasurer
6/5/2019
cararybarik@thenovogroup.com
Cara Rybarik
Full Time
JO-1906-6403

 

Company Description:

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 society.

 

 

 

Position Summary:

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.

S/he 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 these.)

In 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 the mission.

 

What Makes This an Unusual and Exciting Opportunity:

·         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.

 

Essential Responsibilities:

·         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 fund transfers.

·         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 activities.

·         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 disbursement function.

·         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.




 

Travel Responsibilities:

·         Limited travel.

 

Success Criteria:

Your success will be measured and based on:

·         Timeliness, accuracy and quality of work prepared.

·         Responsiveness to meet and surpass the informational needs of management.

·         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 relationships.

·         Ability to keep information confidential.

·         Soundness of business decisions.

·         Willingness and ability to provide ideas for process improvement.

·         Ability to identify and escalate issues.

·         Loyalty.

 

Basic Qualifications:

·         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.

·         Advanced Excel experience; advanced spreadsheet/database skills.

·         Detail oriented and accurate.

·         Project oriented - ability to effectively manage and carry-out multiple competing priorities and deadlines.

·         Ability to adapt to and adopt new technology.

·         Independent worker and self-starter.

 

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 and value

·         Ability to inspire, develop and communicate proven best practices and systems/processes in accounting, finance and investments within the organizational context

 

Educational Requirements:

  • Bachelor’s degree in accounting and CPA certification required.

 

Compensation:

Remuneration includes participation in a pay for performance bonus program.

 

Benefits:

·         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 salary)

·         Personal Time Off (Holiday, Vacation, Sick Time), etc.

 

 

 

 

 

NOTICE:

               

The 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

For Further Information Contact:

Cara Rybarik

CaraRybarik@thenovogroup.com

Novo Group, Inc.  

Talent Lifecycle Partner  

www.thenovogroup.com 

 

Direct: 312.617.9579

https://www.linkedin.com/in/cararybarik

 


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