Finance Director/CFO (Director of Finance)

Organization: Blackstone Valley Community Action Program (BVCAP)

Position Title: Finance Director & CFO

Department: Administration

Reports to: Executive Director & CEO

Job Status: Full Time/Exempt

Positions Supervised: Payroll, Finance Admin, Others as directed

Company Profile

The Blackstone Valley Community Action Program (BVCAP) is a non-profit agency and a member of the nation-wide network of Community Action Programs. Our mission is to assist low-moderate income people and empower them to become self-reliant, responsible citizens. Our programs are funded through federal, state and local grants. For more information and to see BVCAP’s impact, please visit: https://bvcap.org/

Job Profile

The Finance Director/CFO will lead the finance and HR department committed to fiscal responsibility, transparency, and strategic growth, with the goal of maximizing a positive impact on the community served. The Finance Director/CFO is responsible for the strategic management of the accounting and financial operations of the organization, to include but is not limited to; financial reporting, budgeting, accounting, GAAP compliance, as well as the additional focus on financial strategic management, cash management, forecasting, grant management, regulatory compliance, payroll, and HR functions. The Finance Director/CFO may also perform special projects as directed by the President/CEO. The overall goal of the Finance Director/CFO is to ensure the organization's financial health and sustainability.

The Finance Director/CFO will be a seasoned, executive level, finance leader with a passion for the organization’s mission and the ability to effectively communicate complex financial information to diverse internal and external stakeholders, as directed by the President/CEO.

Primary Duties / Essential Functions

Financial Strategy and Leadership

• Serve as a key member of the senior leadership team, providing strategic financial guidance and analysis to support organizational growth and decision-making.
• Develop and implement long-term financial strategies and business plans that align with the organization's mission and goals.
• Analyze and report on financial performance, identifying trends, and recommending strategies to increase revenue, control costs, and improve operational efficiency.
• Advise the President/CEO on the financial implications of programmatic and strategic decisions.

Financial Management and Operations

• Oversee all day-to-day accounting and financial operations, including the general ledger, accounts payable, accounts receivable, and payroll.
• Lead the annual budgeting process and manage financial forecasting to ensure fiscal responsibility and effective resource allocation.
• Manage cash flow, investments, and banking relationships to ensure adequate liquidity and maximize returns in compliance with investment policies.
• Recommends major expenditures and responsible for semi-approval of routine expenditures within policy limitations; makes recommendations to the President/CEO regarding control and utilization of physical and financial resources.
• Ensure the integrity of all financial record-keeping systems, controls, and procedures in accordance with GAAP for non-profits.
• Prepare reports and provide assistance to organization’s outside accountants, particularly at year-end.

Grant Management

• Oversee grant accounting, including application budgeting, funder reporting, drawdowns, and compliance with federal and state grant requirements.
• Ensure timely and accurate preparation of all financial reporting to funders.

Compliance and Risk Management

• Manage the annual audit process and the preparation of the IRS Form 990.
• Identify and manage financial risks, and ensure the organization adheres to all financial regulations and internal policies and controls.
• Ensure timely and accurate preparation of all financial reporting for internal management, funders, and regulatory agencies – on a regular basis, including but not limited to, monthly, quarterly and yearly.
• Continually reviews, reorganizes, and systemizes the Finance Office operation and department strategic plan.
• Maintain all files and records in accordance with accounting and HR standards.

Board and Stakeholder Relations

• Present financial reports and analysis to volunteers and committee members, effectively translating complex financial data into easily understandable terms.
• Build and maintain strong relationships with external partners, including auditors, and financial institutions.
• Collaborate with the development team on fundraising strategies, grant applications, and donor reporting.

Team Leadership and Development

• Lead, mentor, and supervise department staff of 3 , fostering a culture of accountability, collaboration, and continuous improvement.
• Build capacity within the staff and other departments to strengthen fiscal management across the organization.

Human Resources and Payroll

· Oversee the payroll function to ensure employees are paid accurately and on time each week.

· Manage Human Resources by supervising the outside HR consultant.

Other Duties

· Performs other duties as assigned.

Education Requirement and Prior Work Experience

· Bachelor’s Degree required, with a concentration in accounting/finance. Master’s Degree/MBA and CPA Certification preferred.

· A minimum of five years’ accounting experience is required.

· A minimum of three years’ management experience, managing a department and employees required.

· Background of managing grants and its funding sources is required.

· Three years’ experience working in a non-profit organization is highly desired.

· History of interacting with vendors, management level staff, and stakeholders highly desired.

· Proficiency in accounting principles and bookkeeping functions a must.

· Proficient with Microsoft Office 365 (MS Word, Excel). Proficiency in Excel a must.

· Familiarity with payroll systems required.

· Proficiency with accounting software required.

· Demonstrated ability to develop and control fiscal plans.

Core Competencies, Qualifications, & Skills

· Possesses a Mission-Driven focus.

· Grasps complex administrative and accounting procedures.

· Demonstrate proper judgment and timely execution regarding support to management/staff.

· Communicate with management, clients, and others in a courteous and professional manner.

· Ability to work well with others in a cooperative team environment.

· Ability to maintain good organizational and time management skills and flexibility in re-arranging priorities.

· Excellent customer service skills and the ability to relate well and work effectively with others/staff.

· Excellent written and verbal communication skills. Proficient in the English Language.

· Detail oriented.

· Understanding and dedication to confidentiality is paramount.

· Must be flexible with time and able to adjust and adapt to a changing work environment.

Physical Demands and the Work Environment

The physical demands and work environment(s) described below represent those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions:

This job operates in a semi-private office setting. This role routinely uses standard office equipment such as computers, telephones, photocopiers, filing cabinets, and other relevant office items. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand, as necessary. May be required to work extended hours and some weekends.

Background Checks

Organization may perform a thorough background check of its employees, including a Consent Based Social Security Number Verification (CBSV), and a criminal history background check. Employees will be asked to sign an acknowledgement of this background check at the start of the process.

All candidates must have legal authorization to work in the United States.

Compensation: $90,000 to $110,000

Benefits: Paid Time Off; Paid Holidays; Health, Dental and Vision Insurance; Retirement Plan

EEO

The organization is an Equal Opportunity Employer, committed to an equitable and inclusive work environment.

Disclaimer

This job description reflects management’s assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. This job description may change or be updated regularly.

Job Type: Full-time

Pay: $90,000.00 - $110,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Professional development assistance
• Vision insurance

Work Location: In person

Salary : $90,000 - $110,000