Director of Finance

Position: Director of Finance  

Organization: MLRT Reporting to: Executive Director

Organization Description

Main Line Reform Temple-Beth Elohim (MLRT) was founded in 1952 and, with a membership of more than 900 families, is one of largest synagogues in the Greater Philadelphia region. The congregation boasts numerous active affinity groups to serve our diverse congregation, as well as two thriving education centers: our Religious School & Tribe for K-12 learners and our Early Childhood Education program, which serves our youngest learners. MLRT has been a leader in community service, education, arts and culture, and social justice since its inception. “Be Inspired. Be Connected. Belong.” reflects the commitment of MLRT to infuse the lives of our members with spiritual meaning, and to provide them a place to bring those values to life through service to the Jewish people and all humanity.

For more information about Main Line Reform Temple – Beth Elohim, go to www.mlrt.org.

Job Summary: The Director of Finance will oversee all financial operations of Main Line Reform Temple (MLRT), ensuring that the organization is fiscally sound and operates in compliance with not-for-profit regulations. They will provide strategic financial guidance to the Executive Director and Board of Directors and work closely with other stakeholders including Treasurer, MLRT senior staff and participate in various Board subcommittees including Audit, Finance and Investment to ensure the organization's financial goals are met. The organization is fiscally sound, and this leader’s role is to maintain and improve its financial strength while maintaining fiscal discipline.

Responsibilities:

• Ensuring financial discipline throughout the organization and transparent reporting to Executive Leadership and the Board, enabling the Executive Director and staff to focus on programming and engagement.
• Oversee all financial operations, including budgeting, financial reporting, accounting, and cash flow management. This also includes preparing the quarterly and annual schedules needed for the financial statements.
• Ensure compliance with all relevant laws and regulations governing non-profit organizations.
• Maintaining and enhancing existing financial policies and procedures to ensure fiscal responsibility and accountability.
• Oversee financial, operational and technology enhancements and automation (e.g. Optimized Reconciliations, Bills.com, etc.) to improve efficiency and accuracy of the financial operation.
• Ensure proper record-keeping and financial reporting, including the preparation of monthly and year-end financial statements as well as program by program reporting to support sound fiscal practices.
• Monitor, analyze and present financial performance, providing insights and recommendations to the Executive Director and Board of Directors.
• Identify opportunities for cost savings and revenue growth.
• Reconcile general ledger activity, which includes but not limited to accounts receivable, investments, accounts payable, revenue, and payroll.
• Supervise the bookkeeper which includes reviewing monthly financial transactions (e.g., cash deposits and credit card payments, disbursements and proper recording of invoice expenses and credit card activity) and help improve efficiency and accuracy of their role.
• Manage relationships with financial institutions, vendors, insurance providers, external auditors/accountants, and other financial professionals.
• Work with external accounting firm to conduct annual review
• Develop and manage the annual budgeting process, working closely with MLRT Executive Director, Board Treasurer, program managers and other senior leaders.
• Tracking monthly results against the budget and working with staff to adjust as results and forecasts change.
• Support for grant submission, management, and donor reporting.
• Management of Benefits Administration including relationship with 3^rd party provider, Payroll, and 403B Retirement plan and contributions for senior staff.
• Stay informed about developments in finance and accounting standards, regulations, and best practices, and ensure their integration into the organization's operations.
• Remain current / proficient in GAAP for a not for profit,

Requirements:

• Bachelor’s degree in accounting, CPA preferred.
• At least 10 years of accounting experience with at least 2+ years in a leadership position.
• Not-for-profit sector knowledge and experience, including experience with grant management, fund accounting, and donor reporting strongly preferred.
• Proficient in QuickBooks (Online and/or Desktop).
• Knowledge of ShulCloud is a plus.
• Working knowledge of MS Office products, especially Excel, Word and Outlook.
• Experience with Treasury Management, and Financial Planning and Analysis.
• Demonstrated knowledge of accounting principles, financial reporting, and budgeting.
• Experience managing a small team and collaborating with senior leadership.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Ability to work collaboratively with other departments and external partners.
• Knowledge of Jewish culture and values is a plus.

This position is full-time. MLRT offers a competitive salary and benefits package.