Director of Finance & Administration - Compass Working Capital

Job Description

Hybrid | Full-time | Preferred locations: New England, Mid-Atlantic, Southeast or Chicago area

About Compass

Compass is an innovative, mission-driven organization that supports families with low incomes to save for their future and access greater economic opportunity. We believe in our clients and in their ability to achieve their goals and dreams. We operate high-quality financial coaching and savings programs and pursue opportunities to shape the national approach to poverty through practice and policy change. Compass is also an emerging leader in a national effort to leverage housing assistance as a platform for economic mobility. We are looking for people who want to be part of taking our programs and our impact to the next level.  Our mission is to partner with families with low incomes to build assets as a pathway out of poverty. We focus on reaching families led by Black and/or Latinx women. To achieve our mission, we operate client-centered savings and financial coaching programs, deliver training and technical assistance to other practitioners, and shape policy solutions that dismantle barriers to asset building.

For more information, please visit us on our website, www.compassworkingcapital.org

About The Family Self-Sufficiency (FSS) Program

Congress created the FSS program in 1990 as an employment and savings program for families in federally subsidized housing. The program combines a powerful savings incentive with service delivery to support residents in reaching their goals. It is the nation’s largest asset-building program for families with low incomes.  Since 2010, Compass has partnered with public housing agencies and other affordable housing providers to operate an asset-building model for the FSS program — the first nonprofit organization in the country to do so.

About The Job 

We are looking for mission-driven, results-oriented, and collaborative individuals to join our team. The Director of Finance & Administration is responsible for a number of integral functions of the organization’s Finance department. The ideal candidate will be ambitious, have a strong background in nonprofit management, leadership and management skills, experience integrating financial systems, and attention to detail to maintain the highest levels of accuracy and completeness in their responsibilities. They will also be customer-service oriented and generate a positive work environment across the organization’s functions.

All Compass staff embody the following core competencies: 

• Ownership: Steps up and follows through to consistently deliver high-quality work.
• Diversity, Equity, and Inclusion: Champions the value of diversity and the creation of inclusive spaces.
• Growth Mindset: Embraces challenges and setbacks as the fuel for learning and development.
• Teamwork: Contributes actively and collaboratively with colleagues to achieve shared goals.

Primary Responsibilities

• Oversee accounting functions, including general ledger, budget, accounts payable, accounts receivable, and cash flow
• Primary backup payroll processor
• Prepare/supervise month-end close
• Prepare accurate and timely financial statements and ad hoc reports
• Maintain accurate budgets and forecasts within budget software
• Ensure fiscal integrity by tracking grant expenditures
• Collaborate with the development team to ensure accurate reporting and forecasting of contribution revenue
• Complete compliance reports
• Prepare audit schedules and other documentation requested for the annual audit
• Compile and submit 1099 and 1096 forms
• Educate staff on finance policies and procedures
• Hire, train, and retain accounting staff
• Supervise Senior Staff Accountant and Staff Accountant
• Develop and maintain accounting policies and procedures
• Maintain internal controls over account transactions and balances to ensure proper recording and reporting
• Other duties as assigned

Qualifications and Skills  

Required

• Financial Planning & Analysis software experience
• At least 3 years of experience providing non-profit audit support
• At least 3 years of supervisory experience
• Minimum of 7 years of experience in accounting
• Minimum Education Requirements: Bachelor’s degree in business, accounting, or finance or comparable education and work experience
• Demonstrated ability to initiate problem-solving solutions for challenges
• Ability to produce accurate and timely reports
• Demonstrated ability to establish and build strong, trusting partnerships with staff, peers, and external parties.
• High level of personal organization, attention to detail, and time management skills
• Excellent written and verbal communication skills, including ability to explain complex information in plain language

Preferred

• Experience with QuickBooks Online, Bill.com, Divvy (Bill & Spend), Budgyt, and Salesforce
• Experience presenting financial statements to finance committees and board of directors
• This job description is not intended to provide a comprehensive listing of all duties or responsibilities. Job duties and responsibilities may change at any time based on the needs of the organization.

Benefits

The salary range for this role is $106,000-$123,000, commensurate with experience. We’ll promote your professional growth and development by providing access to a competitive salary and benefits package and additional employee benefits that can be reviewed in full, here

Equal Opportunity Statement 

Compass Working Capital is an Equal Opportunity Employer. We consider applications for all positions, without regard to age, race, color, ethnicity, national origin, ancestry, creed, religion, gender, gender identity or expression, sexual orientation, citizenship, physical or mental disability, medical condition, genetic information, marital status, veteran status, military status, or any other characteristic protected by applicable law.

Compass Working Capital is committed to ensuring individuals with disabilities receive the accommodations required for them to interview for a position on our team. Should you require accommodations, please contact hr@compassworkingcapital.org.