Director of Finance (Non-Profit/Education)

The Summit Foundation

$120K — $140K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or closely related field
  • 5-7+ years progressive accounting/finance experience, ideally within a comparable-sized organization
  • Background in a nonprofit financial environment
  • Experience with external auditors and annual audit processes
  • Strong understanding of fund accounting and nonprofit financial practices
  • Previous leadership or mentoring experience with accounting staff
  • Strong analytical skills to interpret financial data and identify variances
  • Excellent organizational, communication, and problem-solving abilities
  • Advanced proficiency in Microsoft Excel
  • Experience with Blackbaud is a plus
  • Experience within independent schools or similar nonprofit organizations is preferred

Responsibilities

  • Oversee daily accounting and financial activities
  • Manage the tuition billing and collection process
  • Monitor cash activity and perform bank reconciliations
  • Prepare and review journal entries; investigate variances
  • Maintain accurate records for donations and financial accounts
  • Assist in the development and management of the annual budget
  • Coordinate the annual independent audit and support external auditors
  • Develop financial reports for board and committee meetings

Benefits

  • Summer hours: 9:00 AM-4:15 PM with Fridays off
  • 10 vacation days, 10 sick days, and 4 personal days
  • 6 work-from-home days annually, expected to increase
  • 2 weeks off between Christmas and New Year's
  • Medical, dental, and vision insurance
  • 403(b) retirement plan
  • Short-term disability paid at 100% of salary
Full Job Description
Director of Finance

Summit, NJ | Direct Hire | $120,000-$140,000

A well-established nonprofit educational organization in Summit, NJ is seeking an experienced Director of Finance to oversee daily financial operations and support the organization's financial planning and reporting.

Key Responsibilities

  • Direct and oversee the organization's day-to-day accounting and financial activities
  • Manage the full tuition billing and collection process, including account reconciliation
  • Monitor cash activity, deposits, and monthly bank account reconciliations
  • Prepare and review journal entries while investigating financial variances
  • Maintain accurate records for donations, endowments, restricted funds, and other financial accounts
  • Assist the CFO/COO with development and management of the annual operating budget
  • Review payroll activity and ensure monthly payroll accounts are properly reconciled
  • Coordinate the annual independent audit, including preparing supporting schedules and communicating with external auditors
  • Work closely with the Advancement team to monitor revenue, expenses, and enrollment-related financial activity
  • Oversee state-funded programs related to nursing, security, technology, and other applicable areas
  • Develop financial reports and materials for board and committee meetings
  • Provide leadership and oversight to accounting staff and ensure accurate, timely financial reporting

Qualifications

  • Bachelor's degree in Accounting or a closely related field
  • 5-7+ years of progressive accounting/finance experience, ideally within a comparable-sized organization
  • Demonstrated background working in a nonprofit financial environment
  • Prior experience working with external auditors and supporting annual audit processes
  • Strong understanding of fund accounting, restricted funds, and nonprofit financial practices
  • Previous experience leading, supervising, or mentoring accounting staff
  • Strong analytical skills with the ability to interpret financial data and identify variances
  • Excellent organizational, communication, and problem-solving abilities
  • Advanced proficiency in Microsoft Excel
  • Experience with Blackbaud is a plus
  • Experience within an independent school, educational institution, or similar nonprofit organization is highly preferred

Benefits

  • Summer hours: 9:00 AM-4:15 PM with Fridays off
  • 10 vacation days + 10 sick days + 4 personal days
  • 6 work-from-home days annually, expected to increase
  • 2 weeks off between Christmas and New Year's
  • Medical, dental, and vision insurance
  • 403(b) retirement plan
  • Short-term disability paid at 100% of salary

If you have nonprofit accounting and external audit experience and are looking for an opportunity to lead finance operations within an educational organization, we'd love to hear from you!

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