Position summary
The Director of Finance plays a pivotal
role in guiding the organization’s financial strategy and ensuring
its financial health. This role demands technical expertise,
strategic acumen, and strong communication skills. Mentoring other
Finance team members is also a key responsibility. Reporting to the
CFO, the salary ranges from $90,000 to $100,000.
Key Responsibilities Reviewing & Supporting Financial
Operations:
The Director of Finance plays a pivotal
role in guiding the organization’s financial strategy and ensuring
its financial health. This role demands technical expertise,
strategic acumen, and strong communication skills. Mentoring other
Finance team members is also a key responsibility. Reporting to the
CFO, the salary ranges from $90,000 to $100,000.
Key Responsibilities Reviewing & Supporting Financial
Operations:
- Internal Controls: Improves internal controls and ensures
regulatory compliance. - Accounts Payable: Reviews invoice processing, expense reports,
and vendor payments. - Payroll: Ensures accurate payroll processing, tax compliance,
and benefits administration. Reviews W-2s and 1099s. - Reconciliations: Reviews monthly cash and investment
reconciliations. - General Ledger: Maintains ledger integrity and records
financial transactions accurately. - Insurance: Manages property and liability insurance policies,
working with brokers and carriers. - Tax Reporting: Assists CFO with foundation tax return
preparation. - Grants: Monitors and prepares grant reports for private and
governmental funding.
Financial Reporting:
- Assists in preparing comprehensive financial reports for senior
management, the Finance Committee, and the Board of Directors. - Compliance: Ensures adherence to GAAP and regulatory
requirements. - Financial Analysis: Identifies trends, variances, and
opportunities for improvement through financial analysis. - Year-End Statements: Prepares year-end financial statements and
related footnote disclosures.
Annual Budget and Forecast Development:
- Assists with the development of the annual budget in
collaboration with department heads and the CFO.
Creates financial forecasts to support strategic planning and
decision-making.
Monitors budget performance and provides regular updates to
stakeholders.
Audit:
- Acts as the primary contact between the SFCF and external
auditors. - Ensures all audit materials are accurately prepared in advance
of the audit. - Develops and implements plans to address audit issues or
recommendations.
Collaboration and Communication:
- CFO Partnership: Works closely with the Chief Financial Officer
to align financial strategies with organizational goals. - Leadership Team: Collaborates with key members of the
leadership team to support operational and strategic
initiatives. - Internal Communication: Ensures effective communication of
financial policies, procedures, and performance across various
levels of the organization.
Miscellaneous:
- Additional responsibilities not listed maybe required of this
position.
Job Requirements Knowledge, Skills
& Abilities:
- Leadership: Ability to make decisions
collaboratively and in the organization’s best interest. Effective
in working with diverse backgrounds and managing
meetings. - Supervision and Management: Skilled in
strategic planning, team leadership, staff mentoring/coaching, and
ensuring deliverables are met. - Communication: Excellent interpersonal,
verbal, and written communication skills. - Technology: Proficient in Microsoft Office,
advanced knowledge of Microsoft Excel preferred, knowledge of
Foundant C-Suite preferred. - Project Management: Strong organizational
skills, attention to detail, and ability to prioritize and manage
multiple demands.
Education/Experience:
- Education: Bachelor’s degree in accounting,
business, finance, or a related field preferred. Investment
experience in operations, accounting, asset allocation, or
valuation is desirable. - Certifications: CPA certification strongly
preferred. - Experience: 5+ years in nonprofit/foundation
accounting, including endowment management. Knowledge of tax laws,
GAAP, and relevant regulations.
Learn more & apply
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