Help lead the Finance Department of a growing day school!
Location: Brooklyn, NY 11223
Magen David Yeshivah is an Early Childhood through Grade 12 Jewish day school rooted in the Sephardic tradition and dedicated to academic excellence, creativity, and intellectual curiosity. As the cornerstone of the Sephardic community of New York for generations, we are proud to continue to provide an exceptional education while strengthening our community and preserving our traditions. As a school rooted in Jewish law, we are committed to ensuring that each student receives a comprehensive dual-curriculum education with emphasis on academic excellence, creativity, and intellectual curiosity. As a community, we equip our students with the ability to confidently interact with an ever-changing modern world through the prism of Torah values, and to cultivate within them a deep understanding of and love for the people, land, and State of Israel.
Position Summary
We are seeking an experienced financial professional with strong people skills to work with our principals, department heads and Board members to advance the mission of our organization. The successful candidates needs to effectively manage all financial and accounting tasks for the organization ensuring. and that internal policies and controls are followed. We have three locations in the NYC area and an operating budget of $40 million.
Primary/Essential Responsibilities and Duties
● Develop and maintain timely and accurate financial statements and reports that are in accordance with generally accepted accounting principles (GAAP)
● Develop and implement processes, and ensure compliance with internal financial and accounting policies and procedures
● Ensure that all financial-related statutory requirements of the organization are met including Charitable Status, tax management, and grant reporting
● Ensure the accuracy and consistency of data for accounts payable, accounts receivable and the general ledger
● Utilize accounting software effectively to meet the needs of the organization
Budgets – Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the Board of Directors and ED
Cash management- Manage organizational cash flow forecasting to assess the financial efficacy of program operations and establish finance and administrative systems to support operations
Accounts payable – Manage accounts payable to review open invoices and the schedule for checks to be cut each week
Payroll - Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
Audit Functions - Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary
Required Skills and Qualifications
● Degree in Accounting; CPA a plus
● A minimum of ten years accounting experience including audit experience
● Previous supervisory experience
● Knowledge of federal, state and local financial regulations
● Ability to analyze financial data and prepare financial reports, statements and projections
● Knowledge of short- and long-term budgeting and forecasting
● Strong interpersonal and communication skills (both verbal and written)
● Ability to work with a diverse group of people including staff, Board of directors and external accountants/auditors
● Ability to safeguard confidential information and perform with a high level of discretion, professionalism, and integrity
● Strong planning and organizational skills
● Strong analytical skills and detail-orientation
● Strong proficiency in Microsoft Office including advanced Excel skills; significant accounting software knowledge
We are an Equal Employment Opportunity employer offering:
• A salary range of $175K - $200K will be based on education and experience
• Comprehensive benefits package
• A 403(b) retirement plan with a 5% company match (starting with the 2022-23 school year.)
• Tuition Reimbursement
• School paid lunch.
• Continuous school-wide Professional Development
• The school year is consistent with the Jewish calendar and closed during the summer.