What are the responsibilities and job description for the Director of Finance And Accounting position at Non-Profit?
Position Overview
The Director of Finance & Accounting is a key member of the leadership team responsible for the overall financial management, strategy, and integrity of the organization. This role oversees all accounting operations, financial planning, and compliance functions, while providing strategic insight to support decision-making and long-term sustainability.
The Director will lead a team of four and partner closely with the Executive Director, Board, and Executive Committee.
Key Responsibilities
Leadership & Team Management
- Lead, mentor, and develop a small yet high-performing team.
- Establish clear goals, manage performance, and support professional development.
- Foster a culture of accountability, collaboration, and continuous improvement.
Financial Management & Reporting
- Oversee the preparation of accurate, timely financial statements in accordance with GAAP.
- Present financial results and insights to the Executive Director and Executive Committee.
- Ensure compliance with all federal, state, and nonprofit regulatory requirements.
Strategic Financial Planning
- Lead the annual budgeting process and multi-year financial planning.
- Develop forecasts and scenario analyses to support strategic initiatives.
- Provide financial insights and recommendations to drive organizational growth and sustainability.
Cash Flow & Investment Oversight
- Monitor and manage cash flow, liquidity, and financial risk.
- Oversee investment accounts and provide performance analysis and recommendations.
Grant & Fund Accounting
- Ensure accurate tracking, reporting, and compliance for all grants and restricted funds.
- Collaborate with program teams to align financial reporting with grant requirements.
Audit, Tax & Compliance
- Lead the annual audit process and serve as the primary liaison with external auditors.
- Oversee preparation and filing of Form 990 and other required tax filings.
- Maintain strong internal controls and financial policies.
Insurance & Risk Management
- Manage insurance policies, renewals, and risk mitigation strategies.
- Ensure appropriate coverage aligned with organizational needs.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA a plus).
- 7–10 years of progressive finance/accounting experience, including minimum of 2 years in a leadership role.
- Nonprofit accounting experience required, including fund accounting and grant management, strongly preferred.
- Deep knowledge of GAAP and nonprofit financial regulations.
- Proven experience with budgeting, forecasting, and financial strategy.
- Strong leadership, communication, and stakeholder management skills.
- High attention to detail with strong analytical and problem-solving capabilities.
- Proficiency with financial systems and advanced Excel skills.