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
Source: http://jobrealtime.com/jobs/technology/director-of-finance_i20301