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Title
Text copied to clipboard!Nonprofit Finance Director
Description
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We are looking for a dedicated and experienced Nonprofit Finance Director to join our team. The ideal candidate will have a strong background in financial management, accounting, and strategic planning within the nonprofit sector. This role is crucial for ensuring the financial health and sustainability of our organization. The Nonprofit Finance Director will be responsible for overseeing all financial operations, including budgeting, forecasting, financial reporting, and compliance. They will work closely with the executive team to develop and implement financial strategies that support our mission and goals. The successful candidate will have excellent analytical skills, attention to detail, and the ability to communicate complex financial information to non-financial stakeholders. They will also be adept at managing a finance team and collaborating with other departments to ensure financial alignment across the organization. This position requires a deep understanding of nonprofit accounting principles, grant management, and donor relations. The Nonprofit Finance Director will play a key role in fundraising efforts, providing financial insights and support to help secure funding and manage donor contributions effectively. They will also be responsible for ensuring compliance with all relevant regulations and standards, including IRS requirements and GAAP. The ideal candidate will be a strategic thinker with a proactive approach to problem-solving and a commitment to the mission of our organization. If you are passionate about making a difference and have the financial expertise to help us achieve our goals, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Oversee all financial operations and direct corporate financial planning and structure.
- Coordinate, analyze, and report the financial performance to Management and Board of Directors.
- Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.
- Oversee audit and tax functions, coordinate activities with outside audit firms and review firms' performance.
- Develop, implement, and maintain accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting.
- Manage the preparation of financial outlooks and financial forecasts.
- Ensure compliance with all federal, state, and local regulations.
- Oversee the preparation and timely filing of all local, state, and federal tax returns.
- Manage cash flow and forecasting.
- Develop and maintain systems of internal controls to safeguard financial assets of the organization.
- Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved.
- Monitor banking activities of the organization.
- Ensure adequate cash flow to meet the organization's needs.
- Serve as a key point of contact for financial matters with donors and grantors.
- Provide financial oversight and management of grants and contracts.
- Develop and monitor budgets and financial plans.
- Provide financial analysis and support for fundraising activities.
- Ensure timely and accurate financial reporting to stakeholders.
- Lead and manage the finance team, providing guidance and support.
- Collaborate with other departments to ensure financial alignment and support organizational goals.
Requirements
Text copied to clipboard!- Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
- Minimum of 7-10 years of experience in financial management, preferably in the nonprofit sector.
- Strong knowledge of nonprofit accounting principles and practices.
- Experience with grant management and donor relations.
- Proven ability to develop and implement financial strategies.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to communicate complex financial information to non-financial stakeholders.
- Experience managing a finance team.
- Proficiency in financial software and tools.
- Strong understanding of IRS regulations and GAAP.
- Experience with budgeting, forecasting, and financial reporting.
- Ability to work collaboratively with other departments.
- Strong leadership and management skills.
- Commitment to the mission and goals of the organization.
- Excellent organizational and time management skills.
- Ability to handle multiple tasks and meet deadlines.
- Strong ethical standards and integrity.
- Experience with audit and tax functions.
- Ability to develop and maintain internal controls.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with nonprofit accounting principles?
- How have you managed financial planning and budgeting in previous roles?
- Can you provide an example of a financial strategy you developed and implemented?
- How do you ensure compliance with federal, state, and local regulations?
- What experience do you have with grant management and donor relations?
- How do you communicate complex financial information to non-financial stakeholders?
- Can you describe a time when you had to solve a complex financial problem?
- How do you manage and lead a finance team?
- What financial software and tools are you proficient in?
- How do you handle multiple tasks and meet deadlines?
