Director of Accounting & Financial Reporting managing financial operations at the Obama Foundation. Overseeing financial reporting and internal controls while leading the accounting team.
Responsibilities
Responsible for management of the day-to-day financial operations of the Foundation
Ensure accurate and timely financial reporting
Develop and maintain accounting records and processes
Enhance financial reporting practices and procedures to ensure compliance with US GAAP
Manage a variety of accounting activities including general ledger preparation and reconciliation
Provide leadership and support for the annual budget/planning process
Direct the preparation, review, and analysis of financial statements
Serve as the primary technical resource for the Foundation for complex accounting standards
Oversight of banking and treasury functions and monitoring of investment portfolios
Establish and maintain a framework of internal controls and financial policies
Manage and mentor the accounting staff, fostering a culture of professional growth and accountability
Partner with leadership for financial expertise and support for institution-wide initiatives
Requirements
Minimum of ten (10) years’ experience in public accounting and/or financial management at large, complex not-for-profit organizations
Deep expertise in GAAP, specifically regarding net asset classifications, revenue recognition for non-profits and cultural institutions
Proven experience managing the annual audit process and a strong working knowledge of IRS nonprofit compliance
Demonstrated success in maintaining and optimizing internal controls and financial systems
Proven ability to translate complex financial data into clear, actionable reports for non-financial stakeholders and Board committees
Excellent math skills and attention to details
Exceptional ability to lead and mentor a professional accounting team
Bachelor’s degree in Accounting or Finance is required; CPA strongly preferred.
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