Director of Finance

Overview

The Director of Finance is responsible for directing the fiscal functions of the organization in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the non-profit environment.

Responsibilities

 

Essential Responsibilities:

Finance

• Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance
• Accountable for managing and tracking operating expense budget, corporate revenue and operating income
• Participate in the development of the corporation’s’ plans and programs as a strategic partner
• Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action
• Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Executive Director and the Board and other senior executives in performing their responsibilities
• Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation
• Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges
• Provide technical financial advice and knowledge to others within the financial discipline
• Continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets
• Provide strategic financial input and leadership on decision making issues affecting the organization (i.e. evaluation of potential alliances, acquisitions and/or mergers and pension fund and investments)
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position
• Be an advisor from the financial perspective on any contracts into which the corporation may enter
• Ensure accuracy of the payroll process including timecard processing and payroll input in both payroll and accounting systems

 

Grants

• Oversee process for tracking and managing grants, including obtaining and preparing financial reports required to comply with grant requirements
• Create new validation procedures as needed to ensure the overall integrity of data
• Provide review of data prior to distribution to outside resources and grantors, to verify accuracy and program requirements
• Provide leadership in designing the information entered into MTS database for the accurate accumulation of data and reports

 

Supervision

• Recruit, select, train and manage staff and volunteers, as needed
• Ensure effective and productive performance of staff
• Provide ongoing feedback, regular appraisals and identify development opportunities
• Evaluation of the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals
• Manage staff performance in achieving goals and provide technical assistance as needed

 

Board & Committees

• Participate in BGCGC Corporate meetings
• Report on Finance, Investment & Audit committee meetings; facilitate approvals of and implement action plans
• Coordinate use of committee members to monitor and report on program initiatives
• Support Board committees as needed

Qualifications

• Bachelor's degree from an accredited college or university in accounting, finance, or business administration
• A minimum of five years of progressively responsible work experience managing the accounting functions in a nonprofit agency, or equivalent experience
• Thorough knowledge of budget management and accounting practices, processes and procedures of nonprofit organizations
• Demonstrated ability to: organize, direct and coordinate operations in personnel supervision; recruit and retain key personnel; oversee facilities management
• Good communication skills, both verbal and written
• Strong organization and analytical skills
• Ability to interact professionally with Club staff, board members, volunteers and other related agencies

DISCLAIMER:

The information presented indicates the general nature and level of work expected of employees in this classification. It is not designed to contain, nor to be interpreted as, a comprehensive inventory of all duties, responsibilities, qualifications and objectives required of employees assigned to this job.