What are the responsibilities and job description for the Finance Director position at Growing Futures Early Education Center Inc?
The Finance Director serves on the senior management team to provide leadership in the area of finance and technology. Responsible for all financial processes, transaction accounting and reporting; payroll; the internal control system; preparation of financial forecasts and budgets; financial analysis and support of other staff members for the organization. Acts as a backup for all duties assigned to the Accounting Manager.
Financial Processes, Transaction Accounting and Reporting
- Develop and implement processes for accounts receivable, accounts payable, payroll including benefit, cash receipts and disbursements, asset inventories, purchasing, and others.
- Account for all financial transactions in accordance with generally accepted accounting principles and provide accurate and timely reporting by time periods, programs and funds sources.
- Prepare, analyze and present financial reports for management, the Board of Directors, the Policy Council, grantors, and government agencies.
Internal Control:
- Develop and implement a system of internal controls to minimize the organization’s financial risk, and to insure accurate financial accounting and reporting.
- Regularly monitor financial processes and accounting to insure compliance with all Head Start Program Performance Standards, OMB Circulars and the Head Start Act.
- Coordinate the annual audit of the organization by certified public accountants, and the Federal Government fiscal reviews.
- Maintain documentation of all financial policies and procedures.
- Maintain files of all grant awards, contracts, agreements and partnerships.
Financial Forecasts and Budgets:
- Coordinate the process of developing and updating financial forecasts of organization revenues and expenses.
- Oversee and lead the annual budgeting and planning process in conjunction with the Executive Director.
- Administer and review all financial plans and budget, monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
- Coordinate with staff in the development of program and department budgets.
- Provide financial reports for the review of actual results, and the comparison of results to forecasts and budgets.
Development Support
- Participate in initial and ongoing financial aspects of the capital campaign.
- Assist and collaborate with Accounting Manager in the preparation of grant applications and reports.
Financial Analysis and Support:
- Analyze processes to enhance service and improve efficiency.
- Consult with staff to assist them to effectively perform their job.
- Serve as a member and staff lead of the Board of Directors’ Finance Committee.
Information Technology:
- Oversee the overall planning, organizing and execution of IT functions provided by a contract provider at Growing Futures.
- Conduct annual inventory of existing IT supplies to ensure staff has the resources they need to be successful in their positions.
- Accountable for strategic IT needs of the organization in partnership with the board technology committee.
- Oversee and coordinate computer file backups.
Facilities management
- Manage lease with building owners
- Manage service providers including janitorial, facility maintenance providers, security system, and phones.
- Support all staff to resolve facility related issues.
Policies and Procedures:
- Ensure agency fiscal policies and procedures are reviewed regularly and up to date to ensure compliance with federal and state regulations and reviewed and approved by governing bodies.
Salary : $95,000 - $110,000