Director of Finance - Nonprofit Organization

Position Overview

The Director of Finance oversees all finance functions of the Organization. As a member of the leadership team, this individual serves as critical support to the development and program teams and acts as a strategic thought partner to the Executive Director. The Director of Finance works closely with all Program Directors and Managers and serves as the liaison to the Finance and Audit Committees of the Board of Directors. He/she/they will report directly to the Executive Director and supervise an accounting staff of 3.

Siino & Associates is a leading provider of search and staffing services for accounting and finance professionals. You always work with a strategic partner who understands your sense of urgency as well as your objectives, technical skills, and culture. Our recruiters are armed with in-depth industry knowledge and experience to properly qualify candidates and efficiently fill positions with candidates that are an ideal match.

Key Responsibilities

• Advise on financial planning, investment priorities, short and long range finance goals and financial forecasting to support organizational growth, sustainability and impact.
• Develop and build support for long-term financial sustainability models.
• Prepare financial statements and reports for the Board of Directors and leadership staff.
• Ensure appropriate policies, procedures and internal controls are maintained to safeguard organizational assets and facilitate effective financial management.
• Oversee preparation of the annual budget and cash flow projections for approval by the Finance Committee and the full Board of Directors.
• Lead and manage the budget development process, working closely with staff from the program and development teams and the CEO to ensure alignment with strategic vision, budgetary compliance and fiscal responsibility.
• Work with development and program teams to prepare budgets, financial schedules, invoices and other reports for funding proposals and contract reporting and compliance.
• Coordinate and lead the annual audit process, liaising with external auditors and the audit committee of the Board of Directors.
• Complete financial reporting for funders in close coordination with the Contracts and Grants Manager.
• Oversee all accounts receivable, accounts payable and cash management activities.
• Maintain and periodically evaluate the effectiveness of all banking relationships/institutions.
• Facilitate learning and professional development with leadership team members to grow their abilities to manage their budgets.
• Oversee the development and implementation of systems that better engage all staff in consistent documentation and practices.
• Establish and maintain effective, collegial working relationships with staff, board, contractors, vendors, volunteers as well as with representatives of partner/funder agencies and organization.

Required Qualifications

• Finance knowledge: Five years experience in nonprofit finance and operations. Strong knowledge of GAAP and accounting/finance regulations. Knowledge of advanced accounting principles, particularly in non-profit accounting. General knowledge of payroll and tax regulations.
• Analytical skills: Strong ability to conduct research, analyze complex financial issues and information, represent data in meaningful ways and provide recommendations to senior staff and the Board of Directors.
• Business ability: Ability to train and coach employees to ensure they meet the requirements of the department and job functions. Strong problem-solving skills and the ability to convey complex financial concepts to those without a financial background.
• Software skills: Proficiency in QuickBooks and Microsoft Office is required.
• Interpersonal skills: Strong written and verbal communication abilities, with a solid commitment to customer and employee service. Capable of clarifying processes and changes effectively.
• Judgment: Exhibits sound and accurate judgment, can clearly explain logic and reasoning for decisions, and involves the appropriate people in the decision-making process.
• Adaptability: Adapts to changes in work duties, organizational structure, and shifting priorities.
• Customer Service: Comfortable working with diverse populations, with a strong orientation towards customer service for colleagues, funders, contractors, and board members.
• Professionalism: Reacts well under pressure, treats others with respect and consideration, follows through on commitments, and completes tasks on time while taking responsibility for their actions.
• Quality: Demonstrates sensitivity to diverse populations and work styles, responds to deadlines promptly, and handles multiple priorities simultaneously.
• Passion: A strong passion for the mission of the organization.