82ND STREET ACADEMICS Finance Director Salary in the United States

How much does an Finance Director make at companies like 82ND STREET ACADEMICS in the United States? The average salary for Finance Director at companies like 82ND STREET ACADEMICS in the United States is $222,204 as of June 27, 2024, but the range typically falls between $178,941 and $265,468. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities


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What does an Finance Director do at companies like 82ND STREET ACADEMICS?

Finance Director at 82nd Street Academics

82nd Street Academics’ mission is to complement public education so that students, regardless of home language, will have access to quality higher education. We help students take those crucial “early steps to college.” Our main office is located in the heart of Jackson Heights, Queens – a historic New York City neighborhood growing in cultural and lingual diversity. Thank you for your interest in our agency, we hope to hear from you if you are inspired by our Mission and Core Values.

Our Core Values:
-Mission Driven Staff
-Protect the Journey to College
-Effective Teams
-Delight Students
-Empower Students

Mission of Finance Director: To manage Finance and Accounting in order to achieve programmatic and financial goals. The Finance Director reports to the Executive Director.

Cash Management
·       Daily check on Cash Balance when current cash is less than 2 payrolls
·       Ensure that current accounts payable are monetized. 
·       Control use of Line of Credit 
·       Reconcile bank to deposit envelopes
·       Cash forecast biweekly
Relationships & Influence Internal/External 
·       Be a trusted advisor to managers. 
·       Lead 3 professional developments per year for managers on how to better understand and use program financial data. 
·       Generate trust from managers through positive relationship building. 
·       Form relationships with peers in similar positions of other agencies. Understand best practices and other agency’s strategies towards similar funding obstacles. 
·       Develop positive relationships with funder representatives and attend meetings with them. 
·       Visit all locations twice a year.  
Closing Conference and Audit
·       Convene monthly financial closing conference by the 10th business day of the month and ensure completion of closing conference check lists. 
·       Lead team in analysis of financials and monthly questions with managers. 
·       Lead on Audit Management with auditor
·       Control annual budget process with managers and complete prior to May Board Meeting
·       Ask questions for deviations (positive and negative) and protect the bottom line (monthly in all department budgets).
·       Support quarterly goal setting and achievement for Core Capital Target. 
·       Support Marketing department with analysis of enrollment, cash, and budgets during recruitment periods. 
·       Work with Strategy Group and OPSP to review, plan and develop Targets (OPSP, Column 3)

Analysis & Initiative
·       Quarterly MD and A – create three weeks in advance of board meetings. Lead analysis of results with 82SA leadership. 
·       Biweekly review of Financials (OTPS1, Revenue, and dLER). 
·       Support A/R to perform Budget Modifications with Department Directors
·       Management Accounting Report Monthly for Managers
·       Advise strategy group and Executive Director on financial condition, OPSP, and planning
·       Proactively leads solutions/based problem solving when financial or accounting problems may occur.
Systems and Supervision
·       Review Financial policies for agency compliance and department structure and propose changes annually
·       Supervise A/R and A/P Accountants, support their ongoing success and growth in their role.
·       Schedule weekly check ins with direct reports, keep informed of tasks and support resources of obstacles. 
·       Attend professional development meetings once a month (preferably with peers of other agencies, with 82SA colleagues)
·       Ensure department is scanning and shredding documents on a monthly schedule for easy document retention success.
Job Requirements 
·       Ability to use Excel Solver and Tableau to support data analysis. 
·       Prior experience with Blackbaud products is preferred. 
·       Demonstrates investment in our mission and exemplifies our core values. 
·       Demonstrates a commitment to continued growth personally and professionally. 
·       4+ years of experience with prior position related to management accounting.
·       Ability to work from home in an area conducive to work with well functioning internet 
·       40 hour work week with flexible scheduling after first year of demonstrated success. 
·       Contract experience preferred.
·       Familiarity with many computer programs, including Blackbaud, (or other student record/accounting software). 
·       A bachelor’s degree in accounting/finance (or a closely related field) . Strong quantitative and analytical skills. 
·       Bilingual skills are preferred - Mandarin, Spanish or Bengali.
·       Pass a credit check, fingerprinting and child abuse history check.
·       Understanding that this is a job description in transition in a growing company. 
Labor Description
·       Full Time Professional Senior Staff Member
·       Member, Strategy Group
·       Member, Senior Staff
Compensation is competitive and commensurate with years of prior experience. Health benefits, holidays, and generous vacation packages also included. While our work is primarily accomplished in person with our students, hybrid work schedules can be accommodated. 
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$178,941 Low Average $222,204 High $265,468

Understand the total compensation opportunity for Finance Director at companies like 82ND STREET ACADEMICS, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

The chart shows total cash compensation for the 82ND STREET ACADEMICS Finance Director in the United States, which includes base, and annual incentives can vary anywhere from $178,941 to $265,468 with an average total cash compensation of $222,204. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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