Director of Financial Accounts

Overview

Director of Financial Accounts

Position Summary:

The Director of Financial Accounts is responsible for overseeing all aspects of the organization’s financial operations, with a primary focus on Accounts Receivable (AR) and Accounts Payable (AP). This leadership role ensures accuracy, compliance, and timeliness in all financial transactions, while providing strategic insights to support decision-making. The Director will supervise and mentor a team of two employees, fostering a culture of accountability, collaboration, and continuous improvement.

Key Responsibilities:

• Oversee daily operations of AR and AP functions, ensuring all transactions are processed accurately and on time.


• Develop, implement, and maintain financial policies, procedures, and internal controls to safeguard company assets.


• Manage the monthly, quarterly, and annual closing processes in coordination with leadership.


• Monitor cash flow, forecast revenue and expenses, and provide regular financial reports to executive leadership.


• Collaborate with department heads to ensure alignment of financial practices with organizational goals.


• Review and approve all vendor payments, payroll transactions, and customer invoices.


• Ensure compliance with applicable laws, regulations, and accounting standards.


• Identify opportunities for process improvements and implement technology solutions where appropriate.


• Lead, train, and evaluate the performance of two finance team members, providing guidance and professional development.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field (CPA or CMA preferred).


• Minimum 5 years of progressive accounting/finance experience, with at least 2 years in a leadership role.


• Strong knowledge of AR, AP, and general ledger accounting.


• Proficiency in accounting software (QuickBooks) and Microsoft Office Suite (Excel expertise required).


• Excellent analytical, problem-solving, and organizational skills.


• Strong leadership and communication skills, with the ability to mentor and inspire a small team.

Performance Metrics:

• Accuracy and timeliness of AR and AP processing.


• Compliance with financial policies and regulatory requirements.


• Improvement in cash flow management and collection timelines.


• Team performance, retention, and professional growth.

Benefits:

• Dental insurance


• Health insurance


• Life insurance


• Paid time off


• Tuition reimbursement


• Vision insurance

Application Question(s):

• Do you have experience working in an academic setting?

Work Location: In person