Free Director of Finance

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Financial Leadership:

- Provide strategic financial leadership to the organization, working closely with the Chief Executive Officer and Board of Directors.

- Develop and implement financial policies, procedures, and internal controls to ensure the organization's financial integrity.

2. Budgeting and Forecasting:

- Lead the annual budgeting process, collaborating with department heads to develop realistic and comprehensive budgets based on sound financial planning.

- Monitor and analyze financial performance against budgets, providing regular reports (monthly, quarterly, and annually) and variance analysis to the leadership team.

3. Financial Reporting:

- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

- Present financial reports to the Board of Directors and Committees ensuring transparency and effective communication of financial information.

4. Accounts Payable:

- Oversee the accounts payable function, ensuring accurate and timely processing of invoices and payments.

- Maintain strong vendor relationships and negotiate favorable terms when applicable.

5. Compliance:

- Ensure compliance with all relevant accounting standards, regulatory requirements, and grant restrictions.

- Oversee the preparation of tax filings, including Form 990, and coordinate with external auditors for annual audits.

6. Cash Management:

- Manage cash flow to ensure the organization's ability to meet its operational needs.

- Develop sound and prudent investment policy

- Develop and implement investment strategies to maximize returns on surplus funds in accordance to Board approved investment policies


Education/Experience/Credentials

- Bachelor's degree in Accounting, Finance, or related field (Master's degree preferred).

- CPA, preferred, or relevant professional certification.

- Proven experience in non-profit financial management, with a minimum of 3 years of progressively responsible experience.

- Strong knowledge of accounting principles, financial reporting, and compliance requirements for non-profit organizations.

- Experience in accounts payable processes and management.

- Experience in grant management and reporting.

- Excellent analytical, problem-solving, and decision-making skills.

- Effective communication and interpersonal skills for engaging with staff, Board members, and external stakeholders.

- Proficiency in financial software and Microsoft Office Suite.
Reference : Director of Finance jobs

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