Senior Director of Finance

Reporting to the CFO, Assist with developing and lead annual budgeting, planning and financial forecasting processes; administer and review all daily financial operations, prepare accounting entries for CFO review and approval, prepare budgets to actual reports and collaborate on grants management to ensure grants are appropriately leveraged. Supervise Accounts Payable and Receivable and ensure monthly Bank Reconciliation are completed timely each month. Review and approve all journal entries. Lead the monthly closing process in collaboration with the Finance Manager, prepare and present financial statements post-closing to CFO for review and analysis.

Essential Duties and Responsibilities:

Key Performance Indicators

• The KPI’s below are key indicators of successful performance in this role:
• Execute daily financial operation in an effective and efficient manner
• Timely notification to the CFO of potential operations obstacles with recommendations
• Timely pre-month end adjusting entries and monthly close
• Prepare and present timely and accurate financial reports to Directors
• Staff coaching and development
• Co-develop and maintain critical KPIs for the department and organization
• Ensure grant billing align with accounting system
• Successful presentation of financial reports

Core Functions:

• Oversee all daily financial operations processes
• Partner with Director of Grant management and Sr. Directors for all grant reporting
• Collaborate with CFO on all forecast cycles for all revenue and expenses
• Supervise Finance Manager and Accounts Payable Coordinators
• Lead the maintenance of the financial systems
• Initiate and recommend all needed training and system improvements
• Utilize financial analysis to inform recommendations and decisions
• Maintain the General Ledger and approve all posting and new code creation
• Partner with CFO to develop appropriate financial KPIs for the department and organization
• Lead the annual financial and compliance audits and 990 preparation and filing
• Define, document and develop processes and procedures
• Support the CFO and provide insight and answers to financial matters and concerns
• Actively participate in team meetings and provide solution-based ideas.
• Interact professionally and transparently with internal and external stakeholders.

Winning Behaviors, Competencies, and Skills

The Senior Director of Finance is a trusted partner with the CFO and within the organization. Work and collaborate with varying staff levels to gain insight into business operations. The Senior Director of Finance is Intune with ensuring the all general ledger transactions are timely and accurate. informs the CFO of potential operations obstacles, material budget variances and makes recommendations for solutions. Ensure cash forecast is managed weekly and communicate any concerns in advance.

Personality and communication (soft skills):

The Senior Director of Finance delivers superior customer service to the Organization; knows how to channel interpersonal skills to be seen as a go-to leader who is a problem solver, takes initiative and is proactive.

The Senior Director of Finance should possess above-average financial acumen, GL navigation, understand GAAP accounting as it relates to nonprofits financial operations, and understand grant management, budget development and reporting. Exemplary understanding of financial operations with excellent excel and accounting systems skills. A visionary who is good at problem identification and developing solutions.

Additional Duties and Responsibilities:

This job description is intended to convey information essential to understanding the scope of the position and it is not intended to be an exhaustive list of skills, efforts, duties, responsibilities or working conditions associated with the position. Additional duties may be assigned by the Supervisor or CFO.

Qualifications

• Education: Bachelor’s degree in finance or accounting, MBA preferred
• Minimum of (8) eight years’ experience in finance with at least (3) three years in a leadership capacity.
• Experience working in the nonprofit and with government grants funding is preferred.
• Must know and understand allocation methodologies and Fund Accounting.