Director of Finance and Accounting

Child Mind Institute - New York, NY

Full-time - Senior

New York, NY

Professional, Scientific, and Technical Services

About the position

The Child Mind Institute (CMI) is seeking a highly skilled and motivated individual to join our team as the Director of Finance and Accounting. This role is pivotal in leading the accounting and accounts payable operations for the organization's substantial $100 million operating budget. As a leader within the finance team, the Director will be responsible for developing, implementing, and maintaining the necessary infrastructure and systems to support CMI's current and future growth while ensuring the integrity of the internal control structure. In this position, the Director of Finance and Accounting will collaborate closely with program and clinical practice leaders to provide essential financial information and explore how the accounting function can enhance program operations. The ideal candidate will possess a strong background in consolidations, non-profit financial management, medical practice financial management, and government grant reporting. This role reports directly to the Chief Financial Officer (CFO) and is a full-time hybrid position based in our New York City headquarters. The Child Mind Institute is proud to be recognized as a Great Place to Work-Certified company, offering competitive compensation and benefits, including medical insurance, 401(k), paid parental leave, dependent care, flexible work schedules, and discounted tickets and entertainment perks programs. We are committed to fostering an inclusive culture where all employees feel welcomed and valued.

Responsibilities

• Oversee accounting operations, including day-to-day accounting transactions, accounts payable, preparation of periodic financial reports, and maintenance of general ledger in accordance with Generally Accepted Accounting Principles (GAAP).
• Ensure CMI has the systems and procedures in place to support effective program implementation and conduct flawless audits.
• Lead a staff of 6 to 8 accounting professionals with varying levels of expertise. Provide mentorship, coaching, and guide professional development.
• Interview, hire, direct work, and deliver performance evaluations.
• Motivate, build team morale, and encourage group support to achieve goals and objectives. Ensure the timely close of monthly financial activities and prepare accurate monthly, quarterly, and annual financial statements.
• Assist the CFO in preparation and presentation of financial information and materials to the Board of Directors and the Audit and Finance Committee.
• Develop, improve, and oversee the preparation of actionable management reporting that includes both financial and non-financial key performance metrics for CMI's senior leadership team.
• Assist the CFO with the organization's financial and administrative processes with a focus on continuously developing and improving processes and systems.
• Design, implement, monitor, and enforce internal control systems, policies, and procedures to protect the organization's assets, mitigate risk, and ensure the accuracy of the organization's reported financial results.
• Integrate processes across all functions within the finance department, working closely with FP&A and Sponsored Programs Operations.
• Ensure that all regulations for 501(c)3, PLLC, and P.C. compliance are met, including the filing of all applicable tax returns, annual form 990, form 1120, Uniform Guidance, and related charitable and corporate state filings.
• In collaboration with the Director of Financial Planning and Analysis, work with administrative and program partners to design and prepare the annual budget and regular forecasts throughout the fiscal year.
• Ensure proper cash flow management and cash flow modeling and forecasting.
• Responsible for overall review and accuracy of payroll in collaboration with Human Resources; ensure the accurate and timely completion of payroll reports.
• Monitor regulatory compliance and best practices. Determine compliance regulations and requirements that apply to CMI's operations.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• CPA or advanced degree, such as an MBA, is a plus.
• 12+ years' experience in finance and accounting, working for a mid-sized nonprofit organization in a high-growth environment. Financial experience in a healthcare setting desired.
• 7+ years' in a leadership position, with experience managing an accounting staff/department.
• Strong understanding of Generally Accepted Accounting Principles (GAAP).
• Experience managing the annual audit process, including Uniform Guidance.
• Proven track record of implementing and improving financial systems.
• Comfortable in a fast-paced environment with the ability to multi-task and to adjust workload based upon changing priorities.
• Exceptional presentation skills, transmit messages with clarity and communicate effectively with a variety of people. Must be able to explain complex financial information in a way that is easy to understand.
• Demonstrated strategic, critical thinking, and problem-solving skills.
• Ability to establish and maintain strong working relationships with key stakeholders, including colleagues and external vendors/agencies.
• Proficiency in Microsoft Office Suite. Advanced Excel skills required.
• Advanced knowledge of accounting and reporting systems. Experience with Sage Intacct and Workday Adaptive a plus.

Nice-to-haves

• Experience in a healthcare setting is desired.
• Advanced knowledge of accounting and reporting systems, particularly Sage Intacct and Workday Adaptive.

Benefits

• Medical insurance
• 401(k)
• Paid parental leave
• Dependent care
• Flexible work schedules
• Discounted tickets and entertainment perks programs