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Job Title: Director of Finance
Reports To: Vice President
Position Type: Full-time, Salary
Position Overview: The Director of Finance will play a crucial role in overseeing the financial health and sustainability of The Bond Between. The successful candidate will bring extensive financial experience, with a focus on not-for-profit financial management. As a key member of the leadership team, the Director of Finance will work collaboratively with other departments to ensure the organization's financial goals align with its mission and strategic objectives. This position will report to the Vice President.
Responsibilities:
Financial Management:
· Oversee all aspects of financial management, including day-to-day accounting, budgeting, forecasting, and financial reporting.
· Develop and implement financial policies and procedures to ensure compliance with relevant regulations and best practices.
· Monitor and analyze financial performance, providing strategic insights and recommendations to the Vice President and Executive Director as well as the Board of Directors.
· Work closely with the Board Treasurer and Finance committee to ensure that accurate and timely data, reporting, and information is communicated on a consistent basis as well as ensuring strong financial controls and effective risk management practices are in place.
· Work with Capital Campaign committee to ensure accurate financial process for Campaign project and maintain the project budget.
· Finalize month and year end books and reporting.
Strategic Planning:
· Contribute to the development of the organization's strategic plan, providing financial expertise to support long-term sustainability and growth.
· Work closely with the leadership team to assess the financial goals and budget at a strategic level.
Leadership and Team Collaboration:
· Lead and mentor the finance team, fostering a collaborative and high-performing culture.
· Collaborate with other departments to understand their financial needs and provide support in achieving organizational objectives.
Audit and Compliance:
· Coordinate annual financial audits and ensure compliance with accounting standards and regulatory requirements.
· Implement internal controls to safeguard financial assets and maintain the integrity of financial data.
Qualifications:
· Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
· 10 years of progressive financial experience.
· 3 years of experience in not-for-profit financial management.
· 3 years of leadership and management experience
· Proficient with QBO and/or other accounting software
· Proficient with Microsoft Office
· Proficient in G-Suite
· Strong understanding and previous experience with financial reporting, budgeting, and analysis.
· Strong attention to detail
· Excellent verbal and written communication skills, Board level communication experience is a plus
· Ability to work collaboratively with cross-functional teams as well as communicate to a variety of levels of financial knowledge
Desired Experience
· Experience with donor management platforms
· Experience managing the financial processes of a Capital Campaign
Job Type: Full-time
Pay: $75,000.00 - $80,000.00 per year
Benefits:
Schedule:
Work Location: In person
Full Time
$178k-234k (estimate)
03/24/2024
04/27/2024
The job skills required for Director of Finance include Accounting, Leadership, Budgeting, CPA, Internal Control, Financial Reporting, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.
If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director of Finance job description and responsibilities
A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.
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Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.
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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.
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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.
12/20/2021: Racine, WI
They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director of Finance jobs
Becoming a director of finance requires a combination of education and relevant work experience.
02/26/2022: Sioux Falls, SD
They must also be good team players, with management skills to lead the finance department.
02/16/2022: Olympia, WA
At least 10 years of accounting and finance experience.
02/23/2022: Seattle, WA
Create partnerships with the other stakeholders.
01/04/2022: Phoenix, AZ
The Finance Director should have strong people skills, be a team player and be a proficient multitasker.
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Step 3: View the best colleges and universities for Director of Finance.