A well-known Nonprofit Agency in Downtown Columbia is looking to add a Director of Finance to their growing team. The Director of Finance is responsible for long-term financial health and growth. They are responsible for developing and monitoring overall financial strategies, systems, tactics, policies, and procedures across the organization as it relates to finance. They support senior stakeholders on all business reviews, manage budgets across multiple departments/divisions, and forecast future needs using a long-term planning process to make informed decisions that improve company performance.
Responsibilities Include:
Responsibilities Include:
- Collaborate with the Executive Team to ensure the mission of the organization is fulfilled.
- Participate in Executive Team and budgeting meetings to meet and achieve organizational goals.
- Support, follow, and implement the strategic plan as created by the Board under the direction of the Executive Director
- Prepare financial documents for the Executive Director and Board of Directors to support the needs and guide the decisions of the organization
- Develop, collect, analyze, and report impact data for departmental goals as requested?
- Create and foster a positive, creative, and collaborative working environment
- Oversee the financial strategic planning of the company by evaluating its performance and potential risks
- Evaluate, improve, and implement department controls, systems, and procedures to increase efficiency
- Develop budgets that meet the requirements of company departments in coordination with the Executive Team
- Perform regular financial analysis
- Recognize patterns in company spending, revenue, and recommend solutions to any problem areas
- Prepare detailed reports on the company’s financial performance
- Coordinate with external financial entities on behalf of the company
- Supervise all audit and internal control processes
- Oversee the daily activities of the accounting department and ensuring that all major projects, month-end, and year-end reports are completed accurately and on time
- Monitor company bank accounts, deposits, and cashflow balances
- Update general ledger with payroll and AR journal entries
- Maintain accurate and complete financial records and participating in audits or reconciliations
- Assist other departments as they develop strategies, establish objectives, and make decisions that could have a financial impact on the business
- Guarantee compliance with financial laws and guidelines
- Negotiate contracts and agreements with vendors and payors
- Hire, train, and motivate accounting staff members as needed while supervising and delegating department tasks
- Record day-to-day financial transactions and completing the posting process in QuickBooks
- Maintain financial records by uploading receipts to invoices and expense reports.
- Maintain separation of program revenue and expenditures by class
- Make accurate and timely invoice payments for accounts payable
- Post account receivables and donations
- Deposit cash, checks, and other payments to bank daily
- Reimburse staff for business expenses
- Invoice patients and collect outstanding balances
- Reconcile monthly bank and credit card statements
- Serve as the staff lead for all retirement plan administration responsibilities (in coordination with our third-party administrator).
- Process payroll and resolve any payroll errors.
