Director of Finance and Accounting
ak hr solutionsKansas City, MO
$180,000 - $270,000 per year
APPLY (opens in a new tab)Director of Finance and Accounting
ak hr solutionsKansas City, MODirector L8
APPLY NOW (opens in a new tab)$180,000 - $270,000 per year
My client, a market-leading Catholic news organization serving sustained and growing readership with annual revenue of about $6 million and a $20 million endowment is looking to hire a Director of Finance and Accounting.
The organization is committed to independent, Catholic-related journalism and relies on a diversified funding model spanning subscriptions and membership, advertising, philanthropic giving, grants, and endowment income.
My client is seeking an experienced financial professional to sustain their financial strength, core competency in financial reporting integrity and transparency and be a key strategic partner to the CEO and the other members of the leadership team. Reporting to the CEO/Executive Editor and working closely with the Board of Directors (particularly the Finance and Investment Committees), the Director, Finance + Accounting oversees all financial planning, reporting, compliance, investment stewardship, and risk management functions. The Director, Finance + Accounting is a key strategic partner to the CEO, newsroom and advancement leadership, ensuring the organization's finances support editorial independence and long-term sustainability.
The Director of Finance and Accounting must be able to close the books at the end of the month and present to members of the board about the company’s finances.
To thrive in this role, the Director will be collaborative with other senior leaders, comfortable with remote work and embody an entrepreneurial demeanor, identifying problems and finding and implementing solutions.
Key Responsibilities:
Financial Strategy & LeadershipServe as a key member of the executive leadership team with the CEO/Executive Editor and Chief Advancement Officer, with primary responsibility for advising on the financial implications of strategic decisions, major initiatives and current donor support.
Develop and execute long-range financial plans in support of the organization's mission and growth goals
Partner with the CEO/Executive Editor on annual and multi-year budgeting while managing the organization’s revenue, operating expenses, liquidity and reserves.
Accounting, Reporting & ComplianceOversee all accounting operations, financial statements, and internal controls in accordance with GAAP and nonprofit accounting standards (FASB ASC 958)
Ensure timely, accurate financial reporting for their leadership team, the Board, funders and regulatory bodies.
Provide financial reports to the leadership team, Finance Committee and Board and provide ongoing assessment of the organization’s operating sustainability, liquidity, risks and health on a quarterly basis.
Manage the annual independent audit, Form 990 filing, and compliance with nonprofit/tax-exempt regulations
Maintain compliance with grant and restricted-fund reporting requirements.
Manage the appropriate allocation of restricted and unrestricted revenue across their operating expenses.
Monitor cash flow, ensure adequate liquidity and maintain appropriate cash reserve policies.
Manage the annual audit and the relationship with their audit firm.
Budgeting & Financial PlanningLead annual budget process in close collaboration with the CEO across departments, including newsroom, business, and advancement. Engage with the Finance Committee and full Board in the budget approval process.
Manage operating performance relative to budget throughout the year and manage process to bridge negative variances.
Provide monthly/quarterly financial reporting, variance analysis, and forecasts to CEO, Finance Committee and Board
Actively manage allocation of restricted and unrestricted revenue to optimize capacity to invest surplus revenue in new initiatives.
Model scenarios for revenue volatility, cost management, and long-term sustainability planning
Technology SolutionsOversee development of state-of-the-art technology solutions for their accounting capabilities, donor management, employee relationships and pursuit of a best-in-class digital platform for its publications.
Endowment & Investment ManagementOversee management of the $20 million Endowment in partnership with the Investment Committee of the Board and outside investment advisors/fund managers.
Develop Endowment asset allocation and distribution policy and monitor investment performance in line with fiduciary duty and donor restrictions
Ensure appropriate accounting treatment of restricted, temporarily restricted, and unrestricted endowment funds
Ensure timely and accurate reports to funders.
Revenue Diversification OversightProvide financial analysis to ensure that subscription/membership revenue, advertising/sponsorship, major gifts, foundation grants, and earned-revenue ventures are adequate to fund operating expenses.
Partner with development/advancement team on fundraising campaigns, gift accounting, and donor restriction compliance
Support pricing, cost, and margin analysis across business lines (digital subscriptions, print, events, etc.)
Oversee treasury functions, cash flow management, and banking relationships
Manage insurance programs, contracts, and organizational risk exposure
Oversee HR-adjacent financial functions (payroll, benefits administration, retirement plan compliance) where applicable
Board Governance & External RelationsServe as primary staff liaison to the Board's Finance and Investment Committees
Represent the organization to auditors, banks, investment managers, and major funders on financial matters
Recommend updates to financial policies, investment/reserve policies and other governance practices
Promote transparency and accountability in all endeavors.
Qualifications:
RequiredBachelor’s degree in accounting, Finance, or related field; CPA and/or MBA strongly preferred
10+ years of progressive financial leadership experience, including at least 5 years in a senior finance role (Controller or comparable)
Experience with nonprofit fund accounting, restricted funds, and GAAP for nonprofits
Demonstrated experience managing organizational budgets of $5M+
Experience working closely with Investment Committees on endowment or reserve fund management
Strong knowledge of nonprofit compliance (Form 990, state charitable registrations)
PreferredExperience in media, journalism, publishing, or mission-driven/membership-based organizations
Experience working with a Board of Directors and Board committees
Change management or growth-stage financial leadership experience
Experience in nonprofit organization of comparable size
Skills & AttributesStrategic thinker who can balance mission and margin
Strong communicator able to translate complex financials for non-financial stakeholders (editorial leadership, Board members, donors)
High integrity and commitment to editorial independence and the organization's public-service mission
Collaborative leadership style; experience managing and developing finance teams
Deep knowledge of and commitment to the Catholic social justice tradition
Team player who proactively identifies challenges, finds solutions and works across teams to implement best practices addressing desired changes.
Compensation for the role is highly competitive and commensurate with experience. The ideal candidate will be in Kansas City or open to working remotely with occasional travel to headquarters.
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Level
Director L8
Salary
$180,000 - $270,000 per year
Location
Kansas City, MO
Occupation
Accountants and Auditors
Industry
Civic and Social Organizations
Posted
today