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Director, Accounting

Company Description

Uncommon Schools is a nonprofit network of high-performing, public charter schools providing an outstanding K-12 education in historically under-resourced communities. We have proudly built schools that reflect our student population, with more than 60% of our teachers and staff across our network identifying as a person of color. Uncommon currently manages 52 schools serving more than 20,000 students in five cities: Boston, Camden, New York City, Newark and Rochester. We are proud that Uncommon graduates persist in and graduate from college at five times the rate of their peers nationally. We achieve this by offering strong academic, co-curricular, and social-emotional learning that prepares students for success in college and beyond.

Job Description

The Uncommon Accounting team is based in New York City and provides support to 2,600 staff members across 52 schools and the Home Office. The organization employs two Director of Accounting positions who report to the Controller and work in close collaboration with each other, regional and school leaders, as well as other Home Office leaders. Areas of responsibility include school, Home Office, and real estate accounting across multiple states with different compliance requirements. Responsibilities are distributed between the two Director positions depending on workload, skillset, and expertise.

The Director of Accounting should have a growth mindset, be a strong and detail-oriented manager, and be a hands-on, hardworking team player. The ideal candidate possesses significant leadership experience as well as a solid operational and technical accounting background. This person is a self-starter, flexible, has a high level of integrity and is action- and goal-oriented in a fast-paced, team-oriented, collaborative environment. The Director of Accounting will have 2-3 direct reports and a team of 4-5 total staff.

The overall accounting team totals 26 employees including accounts payable, accounts receivable, payroll, and grants administration functions.

Duties & Responsibilities

Accounting Operations Oversight and Management 

  • Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP and/or GASB accrual accounting standards and regulatory requirements.
  • Develop and implement internal control systems and assist in developing processes for identifying and reporting any gaps in controls and recommending improvements.
  • Analyze financial data and present financial reports in an accurate and timely manner; c. Monitor and keep the Controller abreast of the financial status of all assigned entities.
  • Collaborate with team leadership on the proper maintenance of accounting systems and functions and ensure fidelity of data and timely monthly, quarterly, and year-end reporting.
  • Manage grants accounting for governmental and private grants; ensure that expenditures are consistently aligned with grant and program budgets and requirements throughout the grant/fund period.
  • Lead and coordinate annual financial audits and the gathering of required audit information, resulting in the production of accurate and timely financial statements and clean financial audits.
  • Lead IRS Form 990 preparation and filing for all assigned entities and respond to any correspondence from the IRS as needed.
  • Maintain continuous lines of communication with senior leadership and keep the CFO informed of all accounting issues.

Team Leadership 

  • Lead and inspire a team to meet a high bar for excellence in accounting operations, accounts payable, and school support. 
  • Work with the Controller to identify and drive the organization toward the most efficient and effective operations documenting processes, developing systems, and modifying team structures where necessary. 
  • Design and implement an internal training and staff development program to ensure the team possesses all requisite skills, techniques, and knowledge to perform their work to the highest possible standards.

Cross-Functional Leadership

  • Develop and maintain strong, positive, and effective working relationships with leaders from key departments, including Finance, School Operations and Grants/Compliance. 
  • Partner with School Operations leaders to develop and deliver a comprehensive training protocol for all school staff who participate in accounting and accounts payables processes. 
  • Ensure all relevant policies and procedures are effectively rolled out to and understood by all Home Office and school leaders.
  • Create structures for sharing vital updates and information with key stakeholders, including school and Home Office leaders, boards of directors, finance committees, and audit committees. 

Real Estate Accounting Oversight and Management

  • Lead the accounting and reporting of all real estate related transactions, including bond financing and other types of short- and long-term debt, and ensure timely and accurate accounting entries and reports to lenders, funders, and bondholders.
  • Oversee accounting of all intercompany transactions related to real estate and ensure accurate and timely accounting entries and proper documentation.
  • Partner with the Real Estate team to determine proper classification of all real estate transactions and recognition of real estate related assets, including new construction.
  • Create internal controls to ensure proper use and release of restricted funds for real estate and other purposes. 

Qualifications

  • Bachelor's Degree in Accounting required; CPA preferred
  • 10+ years of general accounting experience; 5+ years of directly related experience in a mid-size or larger multi-entity reporting organization (preferably in a non -profit; charter school experience a plus)
  • 4+ years of direct leader
  • Experience leading and/or administering accounting and finance functions in Workday
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP), as well as Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) pronouncements
  • Up to date on nonprofit accounting, audit best practices and state and federal law regarding nonprofit operations
  • Knowledge of financial compliance and risk management including but not limited to statutory and regulatory requirements for nonprofit organizations

Additional Information

Our people are what make us uncommon. It’s important to us that our compensation practices align with our values and enhance our ability to attract and retain talent.  Our compensation philosophy is focused on equity and fairness, retaining our talented staff and valuing their expertise, and transparency and clarity.

Compensation for this position: The starting compensation for this role based in NYC is between $115,900 to $144,900 and generally, we expect that qualified candidates in this location will be made an offer between $115,900 and $130,400. The starting pay will depend on a variety of factors that may include but are not limited to experience, education, training, certification, and location. Because we value staff staying in their roles over time, we do not currently cap salary ranges.

Uncommon believes in the importance of being a diverse, equitable and inclusive organization that enables our students and staff to thrive. We are committed to building a talented team that reflects the diverse backgrounds and experiences of our students. At the same time, we work to ensure an inclusive community through creating a space for meaningful dialogue about issues of race and identity for our staff and students.  As an equal opportunity employer, we hire without consideration to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, veteran status or disability.

Average salary estimate

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$115900K
$144900K

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What You Should Know About Director, Accounting, Uncommon Schools

Join Uncommon Schools as the Director of Accounting and lead the charge in ensuring our financial operations are top-notch! This role is based in the vibrant city of New York, NY, where you will work closely with a passionate team dedicated to providing quality education in under-resourced communities. As a key member of the accounting team, your experience will directly impact the financial health of 52 schools and over 20,000 students. You’ll collaborate with regional leaders, manage a talented team of 4-5 staff, and oversee everything from general accounting to grants management and real estate accounting. If you thrive in fast-paced environments and enjoy problem-solving, this position is perfect for you! With a strong focus on developing internal controls and leading audits, you’ll ensure compliance with GAAP and GASB standards across all operations. Your analytical skills and ability to communicate effectively with senior leadership will keep everyone updated on financial statuses and goals. Uncommon Schools values integrity, accountability, and an inclusive community where everyone can contribute. If you have a growth mindset, are a hands-on leader with 10+ years of accounting experience, and seek to make a difference in the educational landscape, we encourage you to apply and help us continue our mission of educational equity!

Frequently Asked Questions (FAQs) for Director, Accounting Role at Uncommon Schools
What are the responsibilities of the Director of Accounting at Uncommon Schools?

As the Director of Accounting at Uncommon Schools, your responsibilities encompass overseeing all accounting operations, including managing accounts payable and receivable, payroll, and grants administration. You will ensure compliance with GAAP and GASB standards, lead annual financial audits, and manage grants accounting, making sure all expenditures align with budgets. Furthermore, you’ll collaborate with team leaders on accounting systems, maintain strong communication with senior leadership, and develop training protocols for school staff involved in financial processes.

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What qualifications do I need to apply for the Director of Accounting position at Uncommon Schools?

To apply for the Director of Accounting role at Uncommon Schools, candidates should have a Bachelor's Degree in Accounting, with a CPA preferred. You must possess over 10 years of general accounting experience, especially in a multi-entity reporting organization. Direct leadership experience of at least 4 years is essential, as well as comprehensive knowledge of nonprofit accounting practices and compliance regulations. Familiarity with accounting software like Workday is beneficial for this position.

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How does the Director of Accounting at Uncommon Schools interact with other departments?

The Director of Accounting at Uncommon Schools plays a crucial role in cross-functional leadership. You will develop and maintain effective relationships with leaders from various departments, including Finance, School Operations, and Grants/Compliance. This collaboration is essential for establishing training protocols for school staff, rolling out policies and procedures, and ensuring that vital updates are effectively communicated to stakeholders within the organization.

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What is the team structure for the Accounting department at Uncommon Schools?

At Uncommon Schools, the Accounting department consists of 26 employees, including two Directors of Accounting who report to the Controller. Each Director will manage 2-3 direct reports, with an overall team of 4-5 staff working under each Director's guidance. This collaborative team structure allows for efficient handling of accounting operations, accounts payable, payroll, and grants administration, ensuring high standards of excellence and support for the organization.

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What is the salary range for the Director of Accounting position at Uncommon Schools?

The salary range for the Director of Accounting position at Uncommon Schools in New York City starts between $115,900 and $144,900. As part of Uncommon's commitment to fairness and transparency, the starting pay for qualified candidates typically falls between $115,900 and $130,400, depending on experience, education, and other relevant factors. The organization emphasizes retention and growth, ensuring no cap on salary ranges for their dedicated staff.

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Common Interview Questions for Director, Accounting
Can you describe your experience with GAAP and GASB regulations?

In responding to this question, clearly highlight your knowledge of GAAP and GASB regulations, showcasing specific examples of how you've applied these principles in prior roles. Discuss any relevant responsibilities you've had, such as preparing financial statements or managing audits, to demonstrate your thorough understanding of these accounting standards.

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What strategies do you use to develop and implement internal control systems?

When answering this question, emphasize your approach to identifying gaps in controls and your ability to recommend improvements. Share specific strategies or systems you've implemented in previous roles, and discuss how you've engaged team members in this process to ensure compliance and mitigate risks effectively.

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How do you handle multiple compliance requirements across different states?

This is an opportunity to discuss your organizational skills and ability to manage complexity. Describe your experience in navigating varying compliance requirements and share any tools or practices you use to ensure all obligations are met. Your answer should reflect your attention to detail and proactive approach to staying updated on regulatory changes.

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What are your approaches to leading a diverse accounting team?

When discussing your leadership style, highlight the practices you employ to foster an inclusive workforce. Talk about your experience in identifying individual strengths within a team, creating development programs, and maintaining open communication to ensure all voices are heard. Show how these approaches have led to team success and cohesion.

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Can you give examples of successful financial audits you’ve led?

Detail your experience by sharing specific examples of audits you've led, outlining your role in the process from preparation to execution. Discuss how you ensured all necessary documentation was in place and how your collaboration with different stakeholders contributed to a successful outcome. Highlight the significance of maintaining a clean audit report.

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How do you analyze financial data and present it to stakeholders?

Discuss your analytical skills and methods for interpreting complex financial data. Share how you tailor your presentations to various stakeholders, focusing on the most critical information they need. Mention any visual aids or tools you use to enhance understanding and engagement during presentations.

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What role do you believe technology plays in accounting today?

Articulate your understanding of how technology is transforming the accounting landscape. Discuss specific software or systems you have experience with, such as Workday, and how they've enhanced efficiency, accuracy, and reporting capabilities within your previous roles. Mention any trends you are following and how you plan to stay current with technological advancements.

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How do you prioritize tasks in a fast-paced environment?

Provide insight into your time management strategies and tools that assist you in prioritizing tasks effectively. Share examples of how you've handled competing deadlines and ensured essential tasks are completed while maintaining quality standards. This will demonstrate your ability to thrive in a dynamic setting.

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What techniques do you use for training and developing your accounting team?

Discuss your philosophy and approach towards team development, emphasizing skills that foster a high-performing environment. Share specific training techniques or programs you have designed or implemented to equip your team with the necessary tools to succeed. This highlights your commitment to continuous improvement and support of your colleagues.

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Why are you interested in working for Uncommon Schools?

When answering this question, convey your passion for educational equity and how Uncommon Schools' mission aligns with your values. Discuss what excites you about the role of Director of Accounting and how you believe your experience can contribute to the organization's success. Showing genuine enthusiasm can leave a positive impression.

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Founded in 1997, the Uncommon Schools is a charter school that is fully funded by the government and does not require entrance exams. This school offers different educational programs and academics. Uncommon Schools is located in New York.

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Full-time, on-site
DATE POSTED
December 16, 2024

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