Director of Compliance and Budget (26-27)

Description Director of Compliance and Budget Mission: The Director of Compliance & Budget provides strategic and operational oversight of all budgeting, financial reporting, and compliance functions for the foundation. This role ensures fiscal integrity, adherence to donor intent, and compliance with organizational policies and applicable regulations. The Director partners closely with the Managing Director of Finance and Operations and Assistant Director of Finance & Operations to ensure coordinated financial management across grants, gifts, and discretionary budgets. This includes leading budget development, monitoring financial performance, overseeing audits, and maintaining robust internal controls. Supervisory Responsibilities: Yes Location: This is a full-time position based in Texas, with preference given to candidates who live in Austin, El Paso, Houston, Permian Basin (Midland/Odessa), Rio Grande Valley, San Antonio, and Tarrant County (Fort Worth), or who are willing to relocate. Travel Expectations:     Occasionally What You’ll Do – Accountabilities Essential Duties: ·          Lead the annual budgeting process for all foundation programs, grants, and donor-funded initiatives. ·          Partner with the Managing Director of Finance and Operations and department leads to develop accurate revenue and expense projections. ·          Ensure reporting accuracy across gifts, grants, and operating accounts. ·          Maintain and continuously improve financial compliance frameworks in alignment with GAAP, and foundation policies. ·          Ensure donor-restricted and grant-restricted funds are tracked, reported, and spent in accordance with agreements. ·          Ensure Grant Agreements are reviewed and approved in a timely manner. ·          Partner with the Assistant Director of Finance & Operations to monitor procurement, payment, and reconciliation procedures. Additional Duties and Responsibilities: Budget Development & Oversight ·          Lead the annual budgeting process for all foundation programs, grants, and donor-funded initiatives. ·          Partner with the Managing Director of Finance and Operations and department leads to develop accurate revenue and expense projections. ·          Maintain budget models, forecast tools, and variance analyses to support informed decision-making. ·          Oversee midyear budget adjustments and long-term financial planning. ·          Provide budget training and support to staff responsible for spending oversight.  Financial Reporting & Analysis ·          Prepare and distribute monthly, quarterly, and annual financial reports for leadership and board review. ·          Conduct variance analysis, trend forecasting, and scenario planning to ensure financial sustainability. ·          Collaborate with the Managing Director of Finance and Operations to present financial summaries and risk assessments to senior leadership. ·          Ensure reporting accuracy across gifts, grants, and operating accounts.  Compliance & Internal Controls ·          Maintain and continuously improve financial compliance frameworks in alignment with GAAP, and foundation policies. ·          Ensure Grant Agreements are reviewed and approved in a timely manner. ·          Ensure donor-restricted and grant-restricted funds are tracked, reported, and spent in accordance with agreements. ·          Oversee adherence to internal approval processes for purchasing, contracting, and expense reimbursement. ·          Coordinate annual financial audits, ensure documentation accuracy, and respond to auditor inquiries. ·          Partner with the Assistant Director of Finance & Operations to monitor procurement, payment, and reconciliation procedures.  Financial Integrity ·          Verify that reconciliation reports align with general ledger balances and financial statements. ·          Ensure discrepancies are resolved promptly and documentation is audit-ready.  Grant & Gift Budget Management ·          Supervise the Grant Budget Manager and Gift Finance Specialist and provide oversight for all grant/gift-funded budgets. ·          Coordinate reconciliation between philanthropic expenditures, general ledger, and donor reporting requirements. ·          Support development and donor relations teams with financial data for stewardship and compliance reporting.  Audit & Risk Management ·          Lead preparation for annual external audit and any programmatic financial reviews. ·          Develop corrective action plans for audit findings and ensure timely implementation. ·          Monitor compliance with regulatory and funder requirements; maintain documentation for all restricted funds. ·          Identify potential risks and recommend policies or process improvements to mitigate them.  Leadership & Collaboration ·          Serve as a financial thought partner to the Managing Director of Finance & Operations, providing insights for strategic decisions. ·          Collaborate with the Assistant Director of Finance & Operations to ensure operational and financial alignment. ·          Provide coaching, guidance, and support to the Grant Budget Manager, Gift Finance Specialist and other finance staff. ·          Promote transparency, efficiency, and compliance across all financial activities. Knowledge and Skills – Competencies Make Strategic Decisions: This team member uses data and trends to drive decisions that impact multiple teams, while anticipating risks and planning contingencies for key initiatives. They apply strategic frameworks to clarify challenges and guide coherent action, and they actively support others in strengthening their strategic thinking and decision-making capabilities. Manage Work and Teams: This team member leads cross-functional coordination to align efforts with strategic goals, optimizing resource use and minimizing silos. They build accountability frameworks, monitor key performance indicators to guide adjustments, and mentor emerging leaders, while implementing scalable systems that enhance efficiency and team effectiveness. Grow Self and Others: This team member identifies development needs across multiple groups and integrates them into broader strategic plans. They create structures that support ongoing growth, engage in succession planning, and continuously refine development strategies based on outcomes and data. Through this work, they foster a culture where continuous learning is a core part of daily work and leadership. Build a Culture of Trust:  This team member builds trust and drives positive engagement across multiple groups, as reflected in strong feedback and survey results. They proactively address concerns, model transparency and authenticity, and foster collaboration through open, honest communication and shared ownership. Communicate Deliberately: This team member communicates a clear and compelling vision that aligns team efforts with organizational goals. They proactively identify and address communication gaps across workstreams, implementing solutions to enhance coordination, while anticipating and resolving stakeholder concerns before they surface. Additional Skills: ·          Strong understanding of grant and donor fund management. ·          Experience leading audits and implementing internal control systems. ·          Advanced Excel and financial modeling skills; experience with accounting software ·          Excellent analytical, organizational, and communication skills. ·          Commitment to accuracy, transparency, and the mission of the organization. Required experience: ·          Bachelor’s degree (in Accounting, Finance, or Business Administration preferred) ·          Minimum 4 years of progressive experience in nonprofit finance, budgeting, and compliance. Preferred Education and Experience: None Physical Requirements: ·          Sitting for long periods What We Offer: Compensation & Benefits: Salaries for people entering this role typically fall between $98,200 and $115,900, commensurate with relevant experience and qualifications and in alignment with internal equity. This role is also eligible for performance pay based on organizational performance and goal attainment. Additionally, we offer medical, dental, and vision plans, disability, life insurance, parenting benefits, flexible spending account options, generous vacation time, referral bonuses, professional development, and a 403(b) plan. You can find more information about our benefits at IDEA may offer a relocation stipend to defray the cost of moving for this role, if applicable. Application process: Submit your application online through Jobvite. Please note that applications will be reviewed on an ongoing basis until the position is filled. Applicants are encouraged to apply as early as possible. Learn more about IDEA At IDEA the Staff Experience Team uses our Core Values to promote human connection and a culture of integrity, respect, and belonging for all Team and Family members. Learn more about our Commitment to Core Values here:

Created: 2026-03-06