Director of Finance and Operations
Role Overview
Democrats for Education Reform (DFER) is seeking a Director of Finance & Operations to lead and oversee the integrated management of all organizational aspects related to the operational infrastructure, finance and accounting, and human resources functions for our multi-entity organization.
Who We Are
Democrats for Education Reform (DFER) is a national political organization that supports elected Democrats and candidates for office who seek to expand policies and practices that work well for America's students and confront those that do not. We prioritize historically disadvantaged students and families. DFER partner Education Reform Now Advocacy (ERNA) is an advocacy group that advances education reform measures through direct political advocacy. ERNA keeps constant pressure on policymakers to champion high-quality educational options. DFER partner Education Reform Now (ERN) is a nonpartisan think tank that promotes innovative reforms in K-12 public education, particularly for historically disadvantaged students.
Key Responsibilities
Strategic Financial Partnership
- Develop and deliver forward-thinking, usable financial reporting and dashboards that translate complex data into actionable insights for program, development, and advocacy staff
- Continuously evaluate the status of short and long-term strategic financial objectives and provide advice on the financial implications of business activities
- Provide timely and accurate analysis of budgets, financial trends and forecasts
- Establish and maintain strong relationships with senior executives so as to identify their needs and provide responsive reporting and financial strategies
- Manage cash flow and forecasting; optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions
Multi-Entity Financial Management, Accounting, and Controls
- Ensure that effective internal controls are in place and ensure a safeguarding of assets, compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting
- Maintain a cost sharing allocation model to accurately distribute costs across the entities; ensure proper implementation of cost share and grant agreements; establish processes to monitor the program activity for compliance with grant agreements
- Maintain separate financial records for each entity while producing consolidated financial statements for organizational leadership and the Board
- Manage intercompany transactions, allocations, cash settlements and transfers, ensuring they are properly documented and comply with all legal restrictions
- Ensure the timely and accurate processing of accounts payable, accounts receivable, payroll, and support the Development team with grants administration
- Partner with external auditors to execute the annual audit process and prepare and file all required regulatory reports, including Form 990, Form 990-T, Form 1120-POL, and state charity and PAC reports in a timely and accurate manner
- Evaluate, implement, and manage financial systems and software (such as Netsuite) to enhance operational efficiency
Multi-Entity Budget & Management Reporting
- Manage processes for financial forecasting, reporting, including leading the annual organization budgeting and planning process
- Prepare monthly financial statements, financial packages, and other informational reports/analysis
- Monitor financial performance against budget, analyze variances, and provide actionable insights to support national departments, state chapters, and special projects
- Provide financial data and analysis to support grant proposals and donor reports for the Development team and to ensure programmatic compliance
Business Operations Management
- Oversee the organization's IT infrastructure, including hardware, software, and cloud-based technology tools
- Manage business insurance, contracts, and other operational compliance requirements (office leases, co-working agreements, vendor contracts)
- Ensure cross-functional collaboration by partnering closely with other departments to streamline processes, implement organization-wide best practices, and ensure operational support for mission delivery
Human Resources
- Lead all aspects of recruitment, hiring, onboarding, professional development, and offboarding processes
- Administer and continuously evaluate the employee benefits program, including its compensation strategy
- Maintain, update, and implement the Employee Handbook and all HR policies. Ensure policies are communicated effectively and applied consistently
- Serve as a trusted resource for staff and managers. Conduct confidential investigations when necessary and provide guidance on performance management and conflict resolution
- Ensure HR practices comply with all federal, state, and local employment laws
Requirements
- Bachelor's degree in Accounting, CPA certification desirable
- 5+ years of financial and/or operations leadership roles, with at least 2-4 years in a multi-entity nonprofit environment, managing budgets over $8 million, and extensive experience with intercompany transactions
- Must have direct, hands-on experience managing multiple organizational functions, including Operations (technology infrastructure, vendor management, facilities) and HR functions (benefits, compensation, employee relations, compliance)
- An experienced people manager
- Proven experience leading annual audits
- Proficiency with NetSuite accounting software
- Proficiency with Paylocity HCM software
- Strong interpersonal skills and the ability to translate complex financial information for all levels of comprehension
- Commitment to Mission: A demonstrated commitment to advancing the mission of the organization
Benefits
- The base salary range for this position is $165,000 - $185,000.
- DFER is proud to offer excellent benefits: health, vision, and dental coverage; flexible spending plan; life insurance; short- and long-term disability insurance; 401K plan with a match plan; flexible spending/benefits plan; paid family leave; paid time off (vacation, sick time, floating holidays, and all National holidays).