Director of Finance
- Free
- Published date: July 1, 2024
-
- Texas, United States
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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