Managing Director of Finance (Controller)

Overview

Position: Managing Director of Accounting (Controller)

Location: Remote within the Continental United States; Philadelphia, PA preferred

Employment Type: Full-time, Exempt

Salary Range: $140,000–$155,000

Reports to: Chief Financial & Administrative Officer (CFAO)

This role leads the accounting function of a nonprofit organization dedicated to increasing the presence, effectiveness, and retention of Black educators. The Managing Director of Accounting is responsible for the integrity, accuracy, and reliability of the organization's financial records and reporting.

Responsibilities

• Lead and manage the accounting function, ensuring accuracy, completeness, and timeliness of all financial reporting.
• Prepare and deliver monthly, quarterly, and annual financial statements in accordance with GAAP and nonprofit accounting standards (ASC 958).
• Maintain the general ledger and chart of accounts.
• Own and lead the monthly close process, including timelines, deliverables, and review of accounting outputs.
• Review journal entries, reconciliations, and supporting schedules prepared by accounting staff.
• Identify and resolve discrepancies, errors, or unusual financial activity.
• Design, implement, and maintain strong internal controls and accounting policies.
• Ensure compliance with internal controls, regulatory requirements, and organizational policies.
• Lead the annual audit process and serve as primary liaison with external auditors.
• Prepare and review audit schedules, documentation, and financial statements; ensure audit readiness year-round.
• Address audit findings and implement corrective actions.
• Oversee accounting for restricted and unrestricted funds, ensuring proper classification and reporting.
• Track and report grants, contracts, and program-related funding accurately.
• Lead continuous improvement of accounting systems, workflows, and processes, identifying opportunities for automation and efficiency.
• Partner with the CFAO on system enhancements and integration across functions.
• Supervise accounting staff, providing coaching, oversight, and performance management.
• Establish clear expectations, workflows, and accountability within the accounting team.
• Collaborate with Finance, Programs, and Development teams to align financial reporting with operational activities.
• Support leadership and board reporting through accurate and timely financial data.
• Maintain a dedicated workspace with phone and internet access; occasional travel may be required.
• Perform additional duties as assigned to support organizational priorities.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field required; CPA strongly preferred.
• 8–12 years of progressive accounting experience, including leadership roles.
• Strong experience in nonprofit accounting, including fund accounting and restricted funds management.
• Deep understanding of GAAP and financial reporting standards (ASC 958 preferred).
• Proven experience leading monthly close processes and external audits.
• Experience designing and implementing internal controls and accounting policies.
• Strong attention to detail and ability to manage complex financial data.
• Experience supervising and developing accounting staff.
• Proficiency with accounting systems and advanced Excel skills.
• Strong communication skills and ability to work cross-functionally.
• Commitment to equity and educational justice.

Benefits

• Comprehensive health, dental, and vision coverage.
• Generous paid time off and organizational holidays.
• Remote work environment.

Location

Remote within the Continental United States; preference for candidates located in Philadelphia, PA.