Director of Finance

Description

Definition and Basic Function: This is an Executive Team position responsible for the overall strategic and administrative responsibilities of the financial operation of Jessica & Friends Community. In addition to providing guidance and input into the overall Strategic Plan, this position also is the manager and leader of the Finance Department, IT Services, and the Facilities Manager. This position is responsible for all day-to-day operations; i.e. payroll, accounts payable, donations, investments, banking, and budgeting, etc. Is responsible for overseeing the work of their staff in keeping with the Mission, Ministry, and Core Values of Jessica & Friends Community.

Requirements

? To regulate, supervise, and implement a timely, full, and accurate set of accounting books of the Jessica & Friends Community reflecting all its activities in a manner in keeping with relevant legislation and regulation, subject to internal guidelines set by the Board of Directors. Abide by GAAP (generally accepted accounting principles).

? To implement continuous financial audit and control systems; to monitor the performance of the organization: the flow of funds, the adherence to the budget, the expenditures, the income, and other budgetary items.

? To timely, regularly, and duly prepare for the Board of Directors such financial statements and reports as required by all pertinent laws and regulations, and other such reports as required by the Board of Directors.

? To prepare for the approval of the Board of Directors an annual budget, other budgets, financial plans, business plans, feasibility studies, investment memorandum, and all other financial and business documents as may be required from time to time by the Board of Directors.

? To alert the Board of Directors regarding any irregularity, lack of compliance, lack of adherence, lacunas, and other problems whether actual or potentially concerning the financial systems, the financial operation, the financing plans, the accounting, the audits, the budgets, and any other matters of a financial nature which could or does have financial implications.

? Oversee compliant completion of the Revenue Cycle.

? To collaborate and coordinate the activities of outside suppliers of financial services hired or contracted by Jessica & Friends Community, including accountants, auditors, financial consultants, underwriters, brokers, the banking system and other financial venues.


? To maintain a working relationship with the banking institutions with the aim of overseeing the funds necessary for the operation of the organization, the attainment of its development plans, and its investments.

? To oversee the work of the financial department staff - 4 direct supports, and of the Facilities Manager.

? To initiate and engage in all manner of activities, whether financial or other, conducive to the financial health and the fulfillment of investment plans of the organization as well as the attainment of its strategic goals and objectives.