Director of Finance

About the Company :

Our client is a rapidly growing non-profit organization who are looking to add a Director of Finance to their team. The company has enjoyed incredible success in the last few years' and are seeking a candidate with a Finance background within non-profit to join their team as they continue their expansion.

Reasons to Work Here :

• Strong mission statement
• $85,000 - $95,000 a year
• Hybrid role
• Exposure to working with senior leadership
• Strong medical / dental / vision
• Insurances
• Strong longevity within the team and organization

Job Summary :

The Director of Finance is responsible for maintaining the financial health of

the business and ensuring compliance with funding sources and GAAP; including managing a budget of

over $2 million, budget preparation and revision, and monitoring and analyzing program fiscal

activity.

The Director of Finance directs the activities and functions of the Fiscal Department

including responsibility for creating budgets, accounting systems, cash management, grants

fiscal management, and internal control structure to ensure protection of agency assets. This

role requires high-level knowledge of nonprofit accounting, strategies for multi-year budget

projections, a deep understanding of relationship dynamics, and proven leadership in a

community-based setting. The Finance Director will work closely with the Executive Director,

the Board of Directors, and the organization's Leadership team. The Director will supervise a

Finance Associate.

Duties and Responsibilities :

Organization leadership

Act as staff lead to the Finance Committee for the Board of Directors. Provide regular

financial reports, updates, and alerts regarding organization financial processes and

health.

Serve as a business partner to the Executive Director on the organization’s financial,

budgeting, and administrative processes with an eye to continuously developing and

improving systems.

Provide guidance and counsel in development of long-range plans involving strategy

development, resource allocation, work plans, timelines and financial outcomes.

Document, implement, and enforce accounting policies and procedures.

Collaborate with program directors and cross-departmental leadership to set budget goals

and ensure they are followed.

Evaluate budget proposals and financial requests for viability.

Collaborate with the Board Finance Committee to track results and compare them to key

financial targets; to conduct monthly budget to actual review and Provide reports

explaining discrepancies, communicating concerns, and providing recommendations

monthly.

Forecast financial needs throughout the year for each program, and provide feedback to

operational team, support to prepare budget revision as needed

Prepare cost estimates and plans, while providing necessary reporting, documentation,

and financial assessments.

Demonstrate a thorough understanding of contractual obligations and other pertinent

matters as set forth in the business transactions of the Agency

Advise on Capital finance procedures, Financial Management and Monitoring

Supervise the Finance Associate to ensure efficient functioning and documentation for

all financial systems including receipts, disbursements, billing, payroll, budgeting,

accounting, cash flow management, and payroll tax compliance.

Coordinate the annual audit and preparation of the IRS 990 form with an

independent CPA. Ensure efficient year-end financial closing, annual audit, and tax

return processes

Ensure strong internal controls, efficient financial systems and effective procedures in

accordance with generally accepted accounting principles and best practices of

financial management

Lead annual budgeting and planning process in conjunction with the ED; administer

and review all financial plans and budgets; monitor progress and changes and

produce monthly budget versus actual report

Oversee all project / program grant accounting, ensuring compliance with grant program

budgets through the fund period including reporting

Construct, present, and oversee program financial budgets on an ongoing basis for all

agency funding sources, ensure proper distribution and verify that the appropriate

resources are utilized

Ensure all budgets and financial processes align with funder goals and within general

compliance

Review and analyze purchases / travel / hiring requests for fund availability

Approval of requisitions for goods, services, and personnel including temporary personnel

Oversee management of Finance Associate responsibilities, including A / P, A / R, payroll,

and cash management

Qualifications :

The Director of Finance will have at least 10 years of professional experience, including

managing the finance and administration of a non-profit organization with a similar budget. The

individual will have experience creating and driving the analytic framework for planning and

managing organizational change. The Director of Finance will have the following experience

and attributes :

Bachelor’s degree- in Business, Management, Finance Accounting, or related field.

MA / MBA or CPA preferred)

Excellent people skills, with experience collaborating in a multi-disciplinary, diverse, and

dynamic team

Experience as a supervisor (at least two years)

5+ years of experience in a senior non profit finance / accounting position

Experience should include legal, audit, compliance and budgeting

Expertise in FASB / nonprofit accounting principles, Single Audit standards, financial

forecasting, financial data analysis

Advanced skills in Excel, Google Suite, Adobe, Quickbooks, Salesforce, and other

administrative software required.

Multi-lingual a plus : In languages such as Hindi, Gujarati, Urdu, Arabic, or Pashto

INJUL2024

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