Senior Director of Finance & Administration

itrek | New York, NY, United States

Posted Date 9/15/2022
Description

About itrek

itrek introduces tomorrow’s leaders in business, law, policy and STEM to Israel, helping them experience the country firsthand through peer-led, week-long treks. itrek’s unique peer-led model empowers students at the world’s top graduate programs to craft and lead an authentic experience for their classmates; experiences that reflect the diverse interests of the program’s participants and fields of study. Whether it’s meeting with members of Knesset, justices of the Supreme Court or technology companies, every trek brings Israel to life through a combination of education, culture and fun. Since its founding in 2011, over 22,000 graduate students across 103 nationalities have visited Israel with itrek, returning to campus with a more nuanced understanding and appreciation of Israel. 

itrek is a 30-person team based in New York and Israel that continues to operate as a fast-moving and nimble organization. We love exploring new ideas and collaborating as a team to push ourselves and our thinking.

Position Overview
Reporting to the Chief Operating Officer, the Senior Director of Finance & Administration is responsible for the strategic and operational oversight of all financial matters for a ~$15m global organization. This position will l work with the CEO, COO, and other colleagues to ensure an effective financial strategy, accurate budgets and strong financial policies and controls for effective fiscal operations in the U.S. and Israel. The Senior Director of Finance & Administration maintains an accurate, timely and compliant financial function. The position is supported by a two-person team, including an internal Finance Manager, and an external bookkeeper. The ideal candidate is a talented, entrepreneurial qualified professional who is excited by the opportunity to lead a global organization in a fast-growth stage, shaping and implementing all aspects of itrek’s financial operations in the U.S. and Israel.

Primary Responsibilities

  • Plan, develop, implement and evaluate all aspects of the itrek fiscal functions including but not limited to: annual audit, tax returns, accounts payable/receivable, payroll, monthly management reports and year-end financial statements. Ensure timely and accurate completion, full state, federal & GAAP compliance, and adherence to approved budget levels and to revenue and expenditure policies and procedures. 
  • Lead the annual budget planning process in conjunction with all departments and the Executive Team; administer and review all financial plans and budgets; monitor progress and changes; and conduct relevant variance analysis.
  • Develop and implement a comprehensive, accurate and timely financial reporting package to keep the Executive Team and Board abreast of the organization’s financial status. Components will include but not be limited to: monthly cash flow analysis, budget to actual variance analysis, financial trend analysis, and recommended fiscal controls. Share all relevant data with departments on a monthly basis.
  • Support the COO in managing the Finance, Compliance & Nomination Committee of the Board of Directors. Prepare professional, accurate and clear materials, conduct relevant presentations, and respond to all Board financial questions with timely and accurate responses.
  • Provide the Development team with financial materials for grant applications and reports, and oversee all financial, project/program and grants accounting.
  • Empower and support the Finance Manager with the annual audit process ensuring timelines and budget are met and all recommendations are implemented in a timely manner.
  • Update and implement all necessary business policies and accounting practices; improve the Finance department’s overall policy and procedure manual.
  • Manage banking, legal, audit, PEO and other relevant vendor relationships ensuring timely communication, competitive pricing, adherence to approved scope of work, quality deliverables and timely vendor payments.
  • Periodically review accounting and financial processes to optimize relevant systems. Ensure all appropriate staff are trained in financial procedures in order to adhere to organizational requirements.
  • Hire, train and supervise the Finance department staff to ensure smooth day-to-day operations.


Skills and Qualifications

  • Bachelor’s degree in relevant field and active CPA required 
  • Minimum of 10 years of financial management experience in a high-growth, non-profit environment preferred. Supervisory experience required.
  • Strong analytical and financial modeling skills as well as knowledge of generally accepted accounting principles (GAAP) for nonprofits and philanthropic financial management; if coming from the for-profit world, nonprofit board experience is preferred. 
  • Passion for itrek’s mission
  • Unquestionable integrity, ethics, and values
  • Excellent attention to detail and able to multitask and manage multiple projects/requests concurrently
  • Flexible and a self-starter who can work independently and collaborate with professional colleagues and volunteer leadership
  • Ability to work in a fast-paced environment
  • Strong organizational time management and communication skills
  • Creative and strategic thinker who strives for continual improvement
  • Proficiency in Microsoft Office (Word, Excel & PowerPoint), Google Suite, Quickbooks, and familiarity with office and financial automation tools

Benefits

  • Dynamic and fast growing non-profit organization
  • Generous vacation time package including Jewish and American holidays and the ability to leave early for Shabbat and Jewish holidays
  • Paid sick leave and parental leave
  • High quality Medical, Vision and Dental Plans available 
  • 5% company match on retirement savings in company 401k 

Salary range $130,000-$150,000; commensurate with experience

 

For this position itrek is working with a search partner.

To Apply: Please go to https://intogreatmanagement.applicantstack.com/x/apply/a2wxohgwpbf4 to submit your cover letter, resume and salary expectations.

itrek is a hybrid work environment with a minimum of two days per week in the office. To be employed by itrek you must be fully vaccinated and to work in the office/attend in-person company events you either need to be up-to-date with your booster shot or comply with a testing requirement.

itrek is an Equal Opportunity employer. Personnel are chosen on the basis of ability without regard to race, color, religion, sex, national origin, disability, marital status or sexual orientation, in accordance with federal and state law.

Salary130000.00 - 150000.00 Annual
Duration
Full Time
Categories
Accounting & Finance | Director | Israel Programs/Missions
Organization Type
Other
Benefits
Retirement Plans | Dental | FSA | Leave Early for Shabbat | Life Insurance | Medical Insurance | Paid Holidays | Paid Vacation | Parental Leave | Sick Days | Mass Transit | Vision
Job Location
US

Share this job

Part Time, Seasonal, and Contract Nonprofit Jewish Communal Jobs

Nonprofit Jewish Communal Jobs Online

Weekly Email Subscribers