|at ( view profile)|
Full-time & Part-time
|Job Function||Finance Director|
|Address||3918 Montclair Road, Suite 200|
Job Title: Finance Director/CFO
Reports to: Executive Director
The Finance Director/CFO is responsible for all financial and fiscal management aspects of Positive Maturity's operations. He/she will provide leadership and coordination in the administrative, business planning, accounting, finance and budgeting work of the agency. The Finance Director/CFO will serve as a liaison between the Positive Maturity and its Funders/Grantors as well as outside partners as it pertains to the agency's financials. The Finance Director/CFO will provide critical financial insight and strategic support to the Executive Director, Board of Directors and Finance Committee as the organization continues to grow and evolve.
Essential Duties and Responsibilities
The Finance Director/CFO is responsible for the overall financial operations and asset protection and for Positive Maturity, Inc. a 501(c)(3)non-profit private senior service agency providing volunteer opportunities and social services for seniors of Central Alabama. The incumbent also will:
- Create, coordinate and evaluate the financial program and supporting information systems of Positive Maturity to include budgeting and safeguarding of assets
- Oversees the approval and processing of revenue, expenditures and position control documents, department budgets, salary updates, general ledger, account maintenance and data entry
- Oversee all aspects of accounting, including cash flow planning, reporting, organizational and departmental budgeting and forecasting
- Ensure the timely and accurate preparation of financial statements, financial reports, special analysis and information reports that are used by staff, grantors, Board of Directors and Financial Committee
- Works with grantors including but not limited to United Way, the Corporation for National and Community Services and City of Birmingham to transfer funds and ensure proper documentation, accounting procedures that meet Federal, State and Local guidelines.
- Working with Program Directors and Executive Director, ensure the timely and accurate preparation of budgets to grantors, board of directors, and program directors.
- Present financial reports and analysis to Executive Director, Finance Committee and Board of directors
- Analyze cash flow, cost control expenses. Analyze financial statements to pinpoint potential areas that need improvement and provide possible solutions.
- Interacts with other personnel and organizations, such as the United Way of Central Alabama. The Corporation for National and Community Services, Area Agencies on Aging, affiliated nonprofits and sponsors in regard to matters affecting Positive Maturity, Inc's finances .
- Develop and implement finance, accounting, billing and auditing procedures
- Establish and maintain internal control safeguards
- Coordinate and facilitate annual external audit
- Monitor Positive Maturity's investment strategies and policies in accordance with objectives set by the Board of Directors and/or Finance Committee
- Recruit, train, develop, supervise and evaluate bookkeeper/ assistant to Finance Director/CFO position
- Oversee and coordinate finance department activities to maximize quality and efficiency of the department.
- Works closely with staff members to ensure they are provided with appropriate support systems and responsive, quality service in the areas of grant preparation, project accounting, human resources, purchasing and related administrative functions.
To perform effectively in this position, the individual should demonstrate the following competencies. These core competencies represent effective administration of Positive Maturity, Inc. and its programs fulfilling Positive Maturity’s mission.
- Management: Maintains effective systems of internal controls to account for all receipts and expenditures of funds. Manages agency funds to maximize the earnings under the federal regulations.
- Job Knowledge: Understands the technical aspects of financial nonprofit management; provides advice to executive director, board of directors, and staff directly and/or solicits guidance from experts. Understands the duties and responsibilities of the position and keeps job knowledge up-to-date. Clearly understands the mission of Positive Maturity, Inc., and continuously works to promote the agency and achieve its financial goals.
- Initiative in fulfilling the goals of the organization: From interactions with the grantors, funders and/or staff, the Finance Director/CFO recognizes and brings to the attention of the executive director issues that affect the organization, and implements plans to reach the organizations financial goals. Displays initiative in developing action plans and resolving problems as they occur, in consultation with the executive director.
- Communication: Communicates effectively with multiple audiences using a variety of formats. Examples include: written communications that clearly outlines the situation and action items; verbal presentations regarding the financial reports to staff, grantors/funders and the board of directors
- Dependability: Seeks increased responsibility while remaining conscientious, thorough, accurate, and reliable with respect to achieving the organization’s financial goals. This includes being available and responsive to issues and concerns as they arise.
Education and/or Experience
Minimum of BS degree in finance/accounting/business administration or work equivalent. Masters degree a plus
10 years of progressive experience in senior level finance or accounting position with demonstrated leadership skills. Preferred industry experience in not-for-profit (federal grant experience a plus, but not required), banking or financial services
Proven professional experience in finance, accounting, contracts, budgeting and cost control principles including General Accepting Accounting Principles and automated financial reporting systems. Knowledge of federal and state financial regulations Ability to analyze data and prepare financial reports, statements and projections.
Superior written and verbal communication skills
Excellent interpersonal skills required for relationship building particularly as it relates to professional peers. Ability to communicate financial needs to program directors.
Proficient in accounting software (Quickbooks preferred), Payment Management Systems, Microsoft Office Suite and Excel.
While performing the duties of this Job, the Finance Director/CFO is regularly required to sit, stand, walk, speak and hear. The employee must occasionally lift and/or move up to 50 pounds. Reasonable accommodations may be made to enable otherwise qualified individuals with disabilities to perform the essential functions.