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Director of Finance

The Latino Economic Development Center (LEDC) is a private, non-profit 50l(c)(3) community development corporation founded in 1991. LEDC's mission is to drive the economic and social advancement of low- to moderate-income Latinos and other D.C. area residents by equipping them with the skills and tools to achieve financial independence and become leaders in their communities.

Position Summary

LEDC has experienced tremendous growth in the last couple of years. To better support the Chief Financial Officer (CFO) the Director of Finance at LEDC will serve a key financial leadership role responsible for overseeing the day-to-day financial operations and ensuring the accuracy, integrity, and compliance of the organization's financial activities. The Director of Finance reports directly to the CFO and plays a crucial role in maintaining the financial health of the organization. The Director of Finance will lead a team of 4 professionals responsible for various financial functions. This is a hybrid position based in Washington DC.

Essential Job Duties/Responsibilities

• Oversee the preparation and accuracy of financial statements, budgets, and other financial reports in compliance with GAAP and relevant financial regulations.
• Collaborate with the CFO in providing timely and accurate financial data for decision-making.
• Oversee the organization's general accounting functions, including accounts payable, accounts receivable, and payroll.
• Ensure the proper recording of all financial transactions, reconciliations, and maintenance of financial records.
• Assist the CFO in ensuring compliance with federal funding regulations, including single audits, and other grant-specific requirements.
• Prepare and coordinate documentation for annual financial audits, including the preparation and coordination of schedules including SEFA for the A-133 audit and the annual Form 990 process.
• Manage and maintain financial systems and internal controls to safeguard the organization's assets.
• Identify opportunities for process improvements and implement best practices in financial operations.
• Lead a team of financial professionals, including but not limited to the Accounting Manager, Senior Accountant, Accounts Payable Administrator, and Accounts Receivable Specialist.
• Provide mentorship and professional development opportunities to team members.

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``` - Assist in the development of the organization's annual budget in collaboration with the CFO. - Monitor departmental budgets and work with department heads to ensure financial targets are met. - Participates in all LEDC fundraising activities and processes, which are primarily proposal/grant based. - Identify and assess financial risks and propose mitigation strategies. - Identify and assess internal control and propose strategies to safeguard the organization's financial assets.

Education and Experience Qualifications Required:

• Bachelors degree in an accounting, financial, or related field or equivalent work experience that demonstrates the requisite knowledge to perform the duties of the job
• A minimum of 5 years of financial management experience, with at least 2 years in a supervisory role
• Strong knowledge of GAAP, financial regulations, and federal grant compliance
• Strong analytical and problem-solving skills.
• Excellent communication and leadership abilities.
• Commitment to the organization's mission and values.
• Ability to work collaboratively with diverse teams and stakeholders

Preferred Qualifications

• Bachelors degree in an accounting, financial, or related field or equivalent work experience that demonstrates the requisite knowledge to perform the duties of the job
• Experience with Sage Intacct software
• Bilingual (English/Spanish)
• CPA or other relevant qualification is a plus

Compensation and Benefits

Th salary range for this position is $102,472 - $123,622 annually, dependent on experience and team budget. LEDC is proud to offer a generous benefit package including healthcare, vision, dental, disability and life insurance plans available to employees at no cost, sick, vacation, personal days and more!

How to apply

Send your coverletter and resumetoisalmeron@ledcmetro.org, with the subject line of:Director of Finance.No phone calls please!

Notices

Equal Opportunity

Equal access to programs, services, and employment is available to all qualified persons. Those applicants requiring accommodation to complete the application and/or interview process should contactHR@LEDCMetro.org. LEDC is proud to be an equal opportunity employer, with a drug-free workplace, and complies with ADA regulations as applicable.

All applicants are considered for all positions without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, age, personal appearance, national origin, ancestry, physical/mental disability, medical condition, military/veteran status, genetic information, marital status, ethnicity, alienage, or any other protected classification, in accordance with applicable federal, state, and local laws.

E-Verify

LEDC participates in the federal governments E-Verify program, which confirms employment authorization of all newly hired employees and most existing employees through an electronic database maintained by the Social Security Administration and Department of Homeland Security. For new hires, the E-Verify process is completed in conjunction with the Form I-9 Employment Eligibility Verification on or before the first day of work. E-Verify is not used as a tool to pre-screen candidates. For up-to-date information on E-Verify, visit e-verify.gov.