What are the responsibilities and job description for the Finance Director position at Insight Meditation Society?
IMS is a spiritual refuge for all who seek freedom of mind and heart. We offer meditation retreats rooted in
the early Buddhist teachings of ethics, concentration and wisdom. These practices help develop awareness
and compassion in ourselves, giving rise to greater peace and happiness in the world. IMS offers an
exceptional work environment centered on kindness, positivity and respect.
The Director of Finance is a strategic partner to the organization’s leadership, responsible for the investments
and overall financial management of this $6M non-profit organization. IMS is a mature organization set in the
quiet countryside of central Massachusetts serving a well-established and growing community. The Finance
Director may work in our Barre, MA offices or remotely.
The Finance & Accounting Department is responsible for all aspects of financial management at IMS including
budgeting, general ledger entries, audit oversight, and ensuring regulatory compliance.
Primary Responsibilities
Managerial
- Supervises Accounting staff in a manner that creates the conditions for personal growth and optimal
disciplinary actions in consultation with Executive Director when needed.
- Oversees hiring, training and orientation of new departmental staff.
- Administers schedules to ensure appropriate coverage and adherence to PTO policies and practices.
- Provides ongoing support for team collaboration, cohesion and behavior that supports the staff and
yogis’ practice in the work environment.
- Implements the operational, financial, and personnel policies and procedures of IMS in the department.
- Maintains productive relationships with all other IMS managers and directors; plans, collaborates and
coordinates with other departments as appropriate; participates in management meetings, staff
meetings, operational meetings and other forums in a way that represents the interests of both IMS and
the department.
- Serves as a member of management team.
Operational
- Oversees all general accounting, cost benefit analysis, budget management, and forecasting needs.
- Prepares accurate and timely financial statements both in accordance with generally accepted
ensure the financial soundness of the organization.
- Records and reports on the receipt and use of donor and board restricted funds.
- Recommends and implements policies and procedures to ensure compliance with applicable laws,
regulations and best practices for all accounting and financial reporting functions.
- Manages annual audit and annual budget processes.
- Oversees the preparation of the biweekly payroll process and ensure prompt payment of all payroll
taxes.
- Participates on the management team and the Board Finance Committee; provides advisory services
- Attends regularly scheduled manager and staff meetings as required.
- Participates in maintaining a positive, professional work environment in the department and
throughout the organization.
- Meets IMS’s expectations for service excellence.
- Supports and protects silent retreat environment; upholds ethical principles.
- Other duties as assigned.
Qualifications/Experience
- Bachelor’s Degree in Accounting, Finance or related discipline.
- 5 or more years’ experience in accounting. CPA preferred.
- 3 or more years’ experience in non-profit management in organization(s) of comparable size or larger.
Experience with non-profit fund accounting systems and methods of allocation.
- Expertise with Microsoft Word and Google Apps.
- A strong customer service background with a commitment to providing a high level of service.
- Familiarity with or sincere interest in meditation or mindfulness preferred.
Qualified applicants: Please send a résumé and cover letter to IMSjobs@dharma.org
This is a full-time, 40 hours per week position. The salary range for the Finance Director position is $67,500
to $84,000 per year. The base salary range above represents the low and high end of IMS's salary range for
this position. Actual salaries will vary based on various factors such as location, experience, education,
training, and performance.
In addition to salary, IMS offers employees a variety of benefits including an exceptional Blue Cross Blue
Shield of MA health insurance plan, dental insurance, life insurance, Flexible Spending Accounts, a retirement
savings plan with employer contribution, six weeks PTO, a year-end bonus, Paid Parental Leave and a variety
of meditation benefits.
Consistent with the Americans with Disabilities Act (ADA) and Massachusetts law, it is the policy of IMS to provide
reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such
accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation
applies to all aspects of employment, including the application process. If reasonable accommodation is needed,
please contact Human Resources at HR@dharma.org.
Insight Meditation Society is an equal opportunity employer that is committed to diversity and inclusion in the
workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual
orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as
outlined by federal, state, or local laws.
Salary : $67,500 - $84,000