Job Description
The Director of Finance is in a senior leadership role responsible for managing the organizations financial health and strategy and facilitating smooth overall operations. This individual ensures sound financial planning accurate financial reporting compliance with regulatory requirements and e ective management of financial resources to support the organizations mission programs and operations.
Key Responsibilities:
Financial Strategy and Planning:
- Develop and implement financial strategies that align with the organizations mission goals and objectives.
- Lead the annual budgeting process including preparing and presenting budgets to the board of directors.
- Oversee longterm financial planning and forecasting to ensure sustainability and growth.
Financial Management:
- Manage all financial operations including accounting financial reporting grants management and compliance.
- Ensure in conjunction with our virtual bookkeeping organization the timely and accurate preparation of financial statements in accordance with GAAP or other relevant standards.
- Oversee cash flow management investment strategies and asset management.
Grants and Fund Management:
- Monitor and manage grants and funding ensuring compliance with donor requirements and/or restrictions and accurate financial reporting. Coordinate with program sta to develop budgets for grant proposals and ensure proper allocation of funds.
- Maintain relationships with granters and donors providing necessary financial reports and updates.
Leadership and Team Management:
- Lead and develop the finance and operations team fostering a culture of accountability and continuous improvement.
- Collaborate with other senior leaders to provide financial insights and support strategic decisionmaking.
- Promote professional development and performance excellence within the finance department.
Risk Management and Compliance:
- Implement and maintain internal controls to protect organizational assets and ensure compliance with financial regulations and standards.
- Oversee audits tax filings and other regulatory reporting requirements.
- Identify and mitigate financial risks through e ective risk management strategies.
Stakeholder Engagement:
- Serve as the primary financial liaison to the board of directors finance committee and other key stakeholders.
- Prepare and present financial reports analyses and recommendations to the board and executive team.
- Communicate the organizations financial status risks and opportunities to stakeholders transparently and e ectively.
Performance Analysis:
- Monitor financial performance against budgets and forecasts identify variances and implement corrective actions.
- Analyze financial data to provide insights and recommendations for operational e ciency and e ectiveness.
- Develop and track key performance indicators (KPIs) to measure financial and operational performance.
Requirements
- Bachelor s degree in Finance Accounting Business Administration or a related field. MBA or CPA is highly preferred.
- Minimum of 10 years of progressive experience in finance or accounting roles with at least five years in a senior leadership position within the nonprofit sector.
- Prefer experience with organization of minimum $5 million annual budget or larger.
- Strong understanding of nonprofit accounting principles and financial management.
- Proficiency in financial software and systems including nonprofit accounting software.
- Excellent analytical and strategic thinking skills.
- Strong leadership and team management abilities.
- Indepth knowledge of financial regulations and compliance requirements for nonprofits.
- Exceptional communication and presentation skills.
- Ability to collaborate e ectively with crossfunctional teams and influence decisionmaking.
- This fulltime position is virtual. Occasional travel to Pittsburgh headquarters and other sites will be required. Pittsburghlocated candidate would be ideal.
Bachelor s degree in Finance, Accounting, Business Administration, or a related field. MBA or CPA is highly preferred. Minimum of 10 years of progressive experience in finance or accounting roles, with at least five years in a senior leadership position within the nonprofit sector. Prefer experience with organization of minimum $5 million annual budget or larger. Strong understanding of nonprofit accounting principles and financial management. Proficiency in financial software and systems, including nonprofit accounting software. Excellent analytical and strategic thinking skills. Strong leadership and team management abilities. In-depth knowledge of financial regulations and compliance requirements for nonprofits. Exceptional communication and presentation skills. Ability to collaborate e ectively with cross-functional teams and influence decision-making.
Education
MBA or CPA preferred.
Job Tags
Full time, Remote job,