Director of Finance
Description:
The Wayside Inn (the “Inn”) is a nonprofit
charitable Massachusetts corporation created in 1944 to own, operate, and
maintain the Wayside Inn Historic Site, a campus of 9 historic buildings on
more than 100 acres. Its mission promotes early American humanities through
restaurant, education, and programming, and continues an innkeeping tradition
dating back to 1716. The site provides an opportunity for visitors from near
and far to gather, engage, and find meaning, relevance, and inspiration through
a place-based exploration of history.
The Inn’s annual sales are approximately $4.5Mwith about 40 full time
employees and 50 part time employees.
The Inn’s day-to-day operations are managed by the Innkeeper/General
Manager and the Director of Community Engagement manages development, programming,
and community relations, both of whom report to a Board of Trustees. The position reports to the Innkeeper, is full-time (40 hours/week, Monday through Friday).
Position Summary:The Wayside Inn seeks a proactive,
dynamic and experienced Director of Finance to join its team to be responsible
for a wide range of financial and administrative management responsibilities.
Reporting to the Innkeeper and working with the Director of Community
Engagement and other department managers, as well as the Board of Trustees, the
Director of Finance must be a strategic and disciplined thinker who will provide
strong, innovative financial stewardship, grants management, account
management, and fiscal oversight. The Director of Finance ensures strategic
implementation of long-term strategic goals. The Director of Finance will serve
as a resource on all financial and some operations matters. The incumbent
assists the Innkeeper with oversight of all financial, operational and
administrative activities. The new Director of Finance will also be expected to
serve on the Board’s Finance and Development Committees, which meet
bi-monthly.
Strategic Financial
Management
- Serve as a strategic business partner to the Innkeeper,
Leadership Team (which includes Director of Community Engagement), and
Board.
- Provide organization-wide strategic leadership, planning,
analysis and management of the Organization’s revenues, expenses, and
finances
- Comfort with navigating all legal and compliance standards for
grants, foundations and major gifts management
- Establish financial and capital strategies consistent with
defined strategic priorities
- In consultation with the Innkeeper and the Board of Trustees,
create, administer, monitor and adapt the Organization’s strategic
financial plan, operating and capital budgets and other financial matters
as needed
- Prepare and present financial and management reports to the
Innkeeper, Board and various committees
- Evaluate and improve financial systems, internal controls and
operations by championing continuous improvement, adopting best practices
and effectively utilizing technology
- Manage all business office operations including budgeting and
accounting, financial modeling and analysis, payroll, human resources,
risk management, employee benefits, cash management, accounts receivable
and payable, and contract administration
- Manage operational cash flow, manage banking, loan and lease
agreements and assess and develop plans to meet anticipated financial
requirements of the Inn
- Collaborate with auditors to ensure compliance with applicable
accounting procedures and standards; oversee and actively participate in
the annual audit and tax process
- Manage the timely and accurate filing of all required
financial reports in accordance with GAAP and in compliance with the IRS
and other regulatory standards and requirements
- Manage financial aspects of the Inn’s function, program, and
event activities.
- Work with the Treasurer (Board position) and finance committee
to ensure integrity of all financial matters and proper reporting
Planning, Development,
Response Administration
- Participate on a variety of committees as needed: Finance
Committee, Development Committee, and Facilities Committee
- Manage institutional risk to ensure the safety of personnel
and visitors in their use of facilities; implement appropriate safety
policies and maintain appropriate levels of insurance to protect property
and cover the liability of the school and the school’s employees and
directors.
- With the Innkeeper, architects and the Facilities Committee,
plan campus development and oversee capital projects management and
strategic planning
- Serve on the Management Team and the Emergency Response Team
- Work with colleagues to identify areas in which
greater coordination or collaboration can improve the quality or
cost-effectiveness of operations, services and administrative support.
Qualifications:
Minimum Position Requirements:
- Five years of commensurate experience creating and executing
financial planning and management strategies with experience working in or
strategic consulting for food and beverage and/or nonprofit organizations.
- Hands-on experience preparing, implementing, managing and
analyzing budgets and financial reports
- Experience with desktop version of quickbooks and Aloha
restaurant POS system.
- Outstanding leadership skills; fosters and models a
collaborative approach to problem-solving
- Proven ability to work effectively and proactively with all
members of the community, the Innkeeper and the Board to evaluate and
improve business processes and operations and to advance the mission of
the Inn
- Demonstrated ability (three-five years experience) to manage a
team of direct reports in diverse operational areas
- Experienced problem solver who takes initiative and identifies
solutions that best meet the needs of the varied constituents
- Strong technical knowledge of generally accepted accounting
principles, including familiarity with not-for-profit accounting
- Sophisticated understanding of the complexities of a nonprofit
organization with hospitality operations, inclusive of financial aid
process, grant submissions, development, and fundraising
- Some experience in the following areas is preferred: personnel
management, employee benefits, human resources, legal/contract management,
facilities management, risk management, campus safety and security
- Outstanding written and oral communication skills
- Degree in business and/or accounting required, advanced degree
or CPA certification preferred
- The ideal candidate will appreciate the opportunities to
interact with staff, students and Trustees.
- Other Duties: The incumbent may be required to perform other duties as assigned
within the broad scope of duties assigned above.
How To Apply:
Email cover letter and resume to Sandra Brown, Human Resources, at sandy@wayside.org.
Apply by:
May 09, 2022
Salary:
$70,000 - $80,000
About this Organization:
The Wayside Inn is a nonprofit charitable Massachusetts corporation created in 1944 to own, operate, and maintain the Wayside Inn Historic Site, a campus of 9 historic buildings on more than 100 acres. Its mission promotes early American humanities through hospitality, education, and programming, and continues an innkeeping tradition dating back to 1716. The site provides an opportunity for visitors from near and far to gather, engage, and find meaning, relevance, and inspiration through a place-based exploration of history.