The Trustees

200 High St.
Boston, MA 02110

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Date Posted:
November 19, 2021

Region:
Eastern Massachusetts

Category:
Operations/Finance

Type:
Full-Time

Managing Director of Finance - Boston, MA

Description:

The Opportunity.

Reporting to the Chief Financial and Administrative Officer (CFAO), the Managing Director of Finance will manage the day-to-day financial and accounting operations of the Trustees together with being a key partner in developing new strategic opportunities. This role will be a blend of team leadership, financial systems management, and business analytics. We expect the Managing Director of Finance to work in close partnership with the CFAO to optimize short- and long-term performance, identify and evaluate new opportunities and ensure consistently monitor and demonstrate the relationship between Trustees resources and short- and long-term goals. This is a great opportunity for an adaptable and strong leader to create a statewide impact by working closely with the CFAO to look beyond the numbers to identify trends and new possibilities.

Are you a match?

The Managing Director of Finance and Administration will have at least 10 years of management experience, with at least five years being the primary manager of the financial systems for a $20 million to $80 million organization or business unit. They are likely to be a CFO in a small non-profit or occupy a senior financial role in a larger non-profit. Strong preference is for someone who has operated in a fast-growing and dynamic environment and who wants to take the next step to being a CFO of a large non-profit.


In This Role You Will:

Organizational Leadership

  • Work closely with the CFAO and the Executive Team to develop departmental budgets and strategic financial plans. The Managing Director of Finance and Administration will act as the primary liaison to departmental leadership to ensure strong financial management and planning throughout the company.

  • Continually evaluate best industry practices in comparison to internal systems and needed resources, with an eye toward both future needs and budget realities.


Team Leadership

  • The Managing Director will have management responsibility for the entire Financial Management and Accounting teams

  • Attract, develop, coach, and retain high-performance team members, ensuring direct reports and senior leaders within their department elevate their impact and performance.

  • Develop a team-based environment to motivate and inspire staff to work collaboratively toward clear vision and goals, by communicating vision, and implementing yearly staff performance evaluations and development plans.


Finance and Budgeting

  • Manage the review and approval of monthly, quarterly, and annual financial reporting materials and metrics for the CFAO and Executive Team.

  • Lead the organizational budgeting process.

  • Prepare annual forecasts.

  • Lead long-term financial forecasting.

  • Manage the preparation and execution of the year end audit.

  • Produce monthly financial packages to reflect current performance and annual forecasts.

  • Assess, manage, and minimize financial risk across the organization.

  • Provide financial support to the organization to evaluate new opportunities and to conduct post-audits on investments.

  • Use Business Intelligence tools to analyze complex financial data, establish financial KPI’s and develop reporting scorecards.

  • Work closely with the OCIO (Outsourced Chief Investment Officer) regarding the management of endowment funds.

  • Work in a collaborative manner with other corporate-based functional department heads, field-based general managers, with respect to financial policies, procedures, and controls.


Financial management

  • Direct the preparation of the Trustee’s annual operating plan, capital budgets and multi-year forecasts.

  • Overall financial management responsibility including the review and approval of monthly, quarterly, and annual financial reporting materials and metrics for the CFAO and Executive Team.

  • Produce monthly financial packages to reflect current performance and annual forecasts.

  • Provide financial support to the organization to evaluate new opportunities and to conduct post-audits on investments.

  • Use Business Intelligence tools to analyze complex financial data, establish financial KPI’s and develop reporting scorecards.

  • Serve as counsel to the CFAO on accounting/financial matters including the operating, capital budgets, and financial projections.

  • Advise senior staff on key strategic issues and decisions, informed by rigorous financial analyses, risk assessments, "what if" scenario modeling and due diligence.


Accounting

  • In close partnership with the Director of Accounting, oversee the accounting and related financial activities of the Trustees to ensure sound fiscal administration, ensuring that procedures, practices, and reports comply with applicable regulations, standard practice, and GAAP.

  • Establish appropriate policies and internal control procedures to safeguard assets of The Trustees.

  • Lead the preparation and execution of the annual audit process and be the primary liaison with external auditors.

  • Work closely with the OCIO regarding management and reporting of endowment funds.

  • Direct the preparation of tax returns and related reports to ensure compliance with non-profit reporting requirements.

  • Lead the accounting function's preparation of the financial portion of grant reports and billings to ensure compliance with requirements and policies of funding sources.

  • Work in a collaborative manner with other corporate-based functional department heads, field-based general managers, with respect to financial policies, procedures, and controls.

Qualifications:

Prior Experience:

  • Education: Bachelor's degree or equivalent experience required; CPA required.

  • At least 10 years of staff management experience.

  • Significant experience with non-profit accounting.

  • Significant experience with audit and budget development.

  • Experience effectively communicating key data, including presentations to senior management, the Board, or other outside partners/influencers/clients.


Benefits:

  • Medical, Dental and Vision insurance, with employer premium contributions ranging from 75% - 85% based on plan level. Disability and life insurance are also included.

  • Traditional and Roth 401K Retirement accounts available for employees to contribute to upon hire and a 5% employer match after one year of employment.

  • Day of Service: employees take one regular workday per year to travel to another property to help with a specific project.

  • Day of Wonder: employees take one regular workday to explore a Trustees property.

  • Discounts and access to properties equivalent to a family membership to The Trustees.


About The Trustees

The Trustees of Reservations is the nation’s first conservation and preservation organization and one of Massachusetts’ largest non-profits with total assets of over $380m. Our mission is to protect and share the irreplaceable natural and cultural treasures under our care with the public. The Trustees of Reservations is presently at a defining moment in its history. Over the past few years, we have grown annual revenues from $24 million to over $40 million and now welcome more than two million visitors annually. We improve quality of life across the Commonwealth, and we provide powerful connections to nature and culture for residents and visitors.

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The Trustees has been featured in the Top 100 Women-Led Organizations in Massachusetts for six consecutive years.

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In addition to being an Equal Opportunity Employer, The Trustees aims to create a thriving, inclusive workplace that values each member of its team. We aspire to reflect and effectively serve the residents and communities of Massachusetts who are at the core of our mission.


We kindly request that you do not call to inquire about the status of your application. Those candidates chosen for interviews will be contacted.

Apply by:
December 31, 2021
Salary:
$150,000 - $175,000
About this Organization:

About The Trustees

The Trustees is one of Massachusetts’ largest non-profits and the nation’s first conservation and preservation organization. Today, the places we care about are going fast, and the forces undermining them, including climate change, are moving faster.?Our passion is to protect and share with everyone the irreplaceable natural and cultural treasures under our care.?We are funded and supported entirely by our visitors, supporters, volunteers, and more than 60,000 member households.


The Trustees has been featured in the Top 100 Women-Led Organizations in Massachusetts for six consecutive years.


In addition to being an Equal Opportunity Employer, The Trustees aims to create a thriving, inclusive workplace that values each member of its team. We aspire to reflect and effectively serve the residents and communities of Massachusetts who are at the core of our mission.


We kindly request that you do not call to inquire about the status of your application. Those candidates chosen for interviews will be contacted.