Director of Finance

The Concord Consortiumis an independent, nonprofit research and development organization that aims to ignite large-scale improvements in science, technology, engineering, and mathematics (STEM) teaching and learning through technology. The Concord Consortium operates offices in Concord, Massachusetts, and Emeryville, California. Launched in 1994, the Concord Consortium has a track record of success in educational technology research and development, an engaged Board of Directors, and a creative, scientific, entrepreneurial culture.

The Concord Consortium seeks an outstanding Director of Finance to oversee the finance and administrative operations for our organization. Operating on an annual budget of $8M to $11M, the Concord Consortium employs approximately 50 full-time researchers, scientists, developers, educators, and finance and administration (F&A) staff.

The Director of Finance engages in a wide range of functions, including developing financial models and managing budgets; ensuring proper compliance with federal regulations; setting and enacting financial policies and procedures; overseeing assets, resource allocation, audit, and legal affairs; and working as a thought partner in determining long-term organizational strategy. Additionally, the Director of Finance is responsible for managing the Finance and Administration staff, as well as overseeing financial management, administrative planning, and human resources. The Director of Finance reports to the CEO.

The successful candidate will have outstanding interpersonal skills, be collaborative, and possess the ability to establish and maintain effective working relationships with staff, the board of directors, and external groups.

Specific Responsibilities

Accounting. Ensures the accuracy of the accounting system by understanding project work sufficiently well to recognize and correct possible errors in allocating income and costs of all kinds, including personnel time.

  • Responsible for timely monthly and annual closings
  • Recommends an external auditor and initiates and facilitates an annual audit
  • Reviews and assists in preparation of monthly account reconciliations of key general ledger accounts
  • Reviews and approves journal entries and accounting activity
  • Updates and maintains accounting policies and procedures manual
  • Provides guidance for financial decisions and status of financial condition of the company
  • Responsible for ongoing cash flow analysis
  • Responsible for annual budgeting process and periodic financial forecasts
  • Manages financial resources, including direct and indirect funding to reach the targeted indirect cost rates
  • Prepares for and oversees annual independent financial statement audit and serves as point person for auditor relationship

Compliance. Reviews procedures to ensure compliance with laws, regulations, Concord Consortium policies, and contracts. Interprets and explains applicable federal and state legislation, rules, regulations, and procedures to staff, management, vendors, consultants, and collaborators. Ensures appropriate segregation of duties over financial transactions and bank accounts.

Grants and Agreements. Negotiates and administers all contracts, grants, and cooperative agreements. Tracks funding opportunities and facilitates budgeting, preparing, and submitting proposals. Manages intellectual property agreements and coordinates legal advice.

Budgeting. Oversees the organization’s budget development, the preparation of periodic and special financial and statistical reports, and/or initiates cost saving or corrective measures where necessary.

Reporting. Directs the compilation and presentation of periodic financial data and reports for the President, principal investigators, the Board of Directors, and funding agencies; works closely with the Finance Committee and Treasurer on complex financial reporting matters.

Policies. Recommends policies for improving fiscal and administrative services, identifies opportunities for improving systems, and suggests solutions to identified problems, including the application of appropriate computer technology.

Personnel. Works in conjunction with the Human Resources (HR) Manager to recommend and implement HR policy. Assists in sensitive HR matters as needed.

Facilities. Ensures attractive, clean, safe, convenient, accessible, and economical workspaces for all staff. Manages leases and services to be consistent with budgets and goals.

Information Technology. In partnership with the Director of Technology, oversees IT services, policy, staffing, budget, goals, and performance.

F&A staffing. Manages F&A department. Selects, trains, directs, and evaluates F&A staff. Collaborates closely with the F&A team and assists them as needed.

Qualifications

  • Strong knowledge of general accounting practices and federal regulations, including U.S. GAAP, the National Science Foundation Proposal and Award Policies and Procedures Guide (PAPPG), and Federal Research Terms and Conditions
  • Comprehensive knowledge of budgeting, fiscal administration, purchasing, program planning, policy formulation, grants management, and general administrative systems
  • Experience with federal indirect cost rate calculations and negotiations
  • Experience and familiarity with audits conducted in accordance with the OMB Uniform Guidance and Government Auditing Standards (and related compliance requirements)
  • Ability to formulate and initiate plans and procedures for the effective establishment and maintenance of fiscal controls and to direct their application
  • Comprehensive knowledge of governmental budgeting, fiscal management, and grants and contract management
  • Ability to review, analyze, and interpret federal and state laws, rules, regulations, policies, and procedures
  • Familiarity with intellectual property law and contract negotiation
  • Master’s degree in Accounting, Finance, Economics, Public or Business Administration, or equivalent experience; CPA preferred
  • Seven or more years of professional management experience in grant-funded nonprofit with major fiscal responsibility
  • Excellent verbal and written communication skills
  • Proficiency in Microsoft Office, Google G Suite and nonprofit accounting software, preferably Abila MIP and Priority BA; willingness and ability to quickly learn new software and systems

The successful candidate will be required to work on site in Concord, Massachusetts, and must be authorized to work in the United States

The Concord Consortium offers a rich variety of benefits, including up to four weeks of vacation, medical and dental insurance, tuition reimbursement, a generous TIAA-CREF retirement plan, and life and long-term disability insurance. Our work environment is casual and stimulating. In general, we’re a creative, intelligent, happy bunch — check out our profiles.

To Apply

Please send your resume and cover letter to: directoroffinance@concord.org

The Concord Consortium is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to race, color, religion, sex, national origin, age, marital status, veteran status, sexual orientation, gender identity or gender expression, ancestry, disability, genetic information, military service or veteran status, medical condition as defined by applicable law, participation in the Concord Consortium’s group health plan, receipt of free medical care, or any other characteristic protected by applicable law.