Job Title: Director of Finance Download PDF Job Description
Reports to: Executive Director FLSA
SUMMARY The Director of Finance will collaborate with departmental managers to create budgets and oversee financial operations.
The ideal candidate for this position possesses proven leadership skills, as well as a strong ability to problem solve and make sound decisions that encourage corporate growth. ESSENTIAL DUTIES AND RESPONSIBILITIES INCLUDE THE FOLLOWING Other duties may be assigned as necessary.
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
• Oversee and lead annual budgeting and planning process in conjunction with the ED; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization’s financial status.
• Manage organizational cash flow and forecasting.
• Implement a contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
• Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
• Effectively communicate and present the critical financial matters to the board of directors.
• Provide monthly reports to ED and BOD (Reconciled monthly reports, event budgets and forecasting, payroll reports, etc.)
• Actively look for ways to save the nonprofit money through donations and negotiating lower rates.
• Ensure all bills are paid on time.
• Manage all contracts that are income related. This may include, but is not limited to: Medicaid, YES-waiver, TJJD, OOG grants, and CVC. QUALIFICATIONS
• BA required. MBA/CPA preferred. Minimum 5 years of demonstrated experience in similar positions.
• At least seven to 10 years of overall professional experience; ideally six-plus years of broad financial and operations management experience. • A demonstrable history in grants management
• The ideal candidate has experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area, and has preferably overseen a human resources function previously
• Experience selecting and overseeing software installations and managing relationships with software vendors;
• Knowledge of accounting and reporting software required
• Ability to translate complex financial concepts to programmatic and fundraising colleagues who do not necessarily have finance backgrounds
• Commitment to training programs that maximize individual and organization goals across the organization including best practices in human resources activities
• A successful track record in setting priorities; keen analytic, organization and problem-solving skills which support and enable sound decision making
• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders
• A multi-tasker with the ability to wear many hats in a fast-paced environment
• Personal qualities of integrity, credibility, and dedication to the mission of Hope Rising