Director of Finance

Job Description

Job Description

The Director of Finance for Barnabas Center is a senior financial executive responsible for overseeing all finance, accounting, and reporting activities. This role ensures the financial integrity and stability of the organization by implementing and maintaining robust financial systems and procedures that support effective program delivery. The Director of Finance will provide strategic financial leadership, collaborate closely with the CEO and leadership team, and prepare financial presentations for the Board of Directors. The position directs day-to-day finance operations and supervises the finance team to ensure compliance and support the organization's mission

Essential Functions:

Finance and Accounting Leadership

1. Collaborate with the CEO and senior leadership to develop and execute financial strategies aligned with the organization's mission and goals.
2. Direct all day-to-day financial operations, including general ledger, accounts payable, accounts receivable, and payroll.
3. Manage and oversee all accounting functions, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and relevant regulations for non-profits.
4. Administer and maintain internal control and safeguards for payroll, receipt of revenue, costs, program budgets and actual expenditures.
5. Ensure compliance with all federal, state and local financial regulations and grant requirements.
6. Coordinate all internal and external audit activities and serve as the main point of contact for auditors.
7. Analyze financial data and present financial reports in an accurate and timely manner; clearly communicate variances to identify, explain and recommend corrective actions as appropriate keeping the CEO abreast of Barnabas Center’s financial status.
8. Prepare and analyze timely and accurate financial statements, assist the CEO in the annual budgeting and planning process and forecasts for internal and external stakeholders.
9. Implement and maintain a strong system of internal controls to safeguard organizational assets and ensure financial integrity.
10. Oversee all financial, projects/programs and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period.
11. Design and implement robust internal control systems and safeguards to protect financial assets and data.
12. Manage organizational cash flow, tracking and reporting on financial performance to the CEO.

Team Leadership

1. Supervise mentor, and develop the finance and accounting staff, conduct performance evaluations, clarify roles and responsibilities to foster a culture of high performance and ethical behavior.
2. Collaborate with program leaders to educate them on financial procedures and opportunities to enhance financial support for program operations.
3. Provide fiscal support to program directors during budget preparation, financial forecasting, and grant reporting.

Competency (knowledge, skills, abilities):

1. Comprehensive knowledge of nonprofit accounting principles and regulatory compliance.
2. Expertise in financial reporting, budgeting, forecasting and variance analysis.
3. Strong leadership, interpersonal and communication skills with the ability to explain complex financial information to non-financial audiences.
4. Experience in effectively communicating key data, including presentations to COO, leadership team, board of directors and other outside partners.
5. Strengthen internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.
6. Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger and payroll.
7. Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; advanced knowledge of accounting and reporting software.
8. Extensive knowledge and experience with ADP Workforce Now and QuickBooks.
9. Exceptional analytical, organizational and problem-solving abilities with keen attention to detail.

Supervisory Responsibilities:

This position supervises all employees and volunteers assigned to the Finance department.

Work Environment:

This job operates in a professional work environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or listen. The employee is frequently required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

Position Type and Expected Hours of Work:

This is a full-time position working 40 hours per week. Days and hours of work are flexible and are scheduled Monday through Friday, 8:00 a.m. to 5:00 p.m. Evening and weekend work may be required as job duties demand.

Travel:

Minimal travel is required.

Required Education and Experience:

Bachelor's degree in accounting, finance, or a related field is required. An MBA or CPA designation is preferred.

A minimum of five to seven years of progressive accounting and finance experience, with significant time in a leadership or managerial role.

Experience in a nonprofit organization having multiple programs is desirable.