Finance Director
- Recruiter
- Keystone Community Services
- Location
- St. Paul, Minnesota, United States
- Salary
- USD 28.84 - 33.65 per hour
- Posted
- 26 Nov 2020
- Closes
- 27 Nov 2020
- Ref
- 1072
- Job role
- Finance director
- Experience level
- Director
Classification: Exempt / Status: Full-Time
Salary Range:$60,000 to $70,000
Reporting Relationship: President/CEO
Supervision: 2 PT Accounting Assistants
Position Description:
The Finance Director provides leadership and management of Keystone's financial infrastructure to meet the strategic goals and mission of the organization. The Finance Director provides financial reports that equip the Keystone President, senior leadership team and the Keystone board of directors with the information needed to manage the financial health of the organization.
Essential Functions
Establish, implement and maintain financial/accounting systems consistent with best practices in the field of nonprofit finance and management, board policies, generally accepted accounting principles (GAAP), and regulatory and funder requirements. Responsibilities include:
Financial Management (50%)
Reporting and Compliance (40%)
Qualifications/Preferences
Education:
Experience:
Knowledge, Abilities and other Qualifications:
Physical/Mental Requirements & Equipment Used
The physical requirements of this position include sitting, computer work, bending to file, lifting up to 20 lbs., telephone calls, and moving around the office.
The mental job requirements of this position include: critical thinking, problem solving, written and oral communication skills, planning, reading, and math skills. Also, the ability to maintain confidentiality, keep updated on accounting standards and principles, internal controls, practices and procedures and ability to exercise sound ethical judgement and professional conduct.
Equipment used includes a telephone, calculator, computer and other office equipment.
Disclaimer:
The above statements are not intended to encompass all the functions and qualifications of this position. Rather, they are intended to provide a general framework of the requirements of the job. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
EEO/AA Employer
Salary Range:$60,000 to $70,000
Reporting Relationship: President/CEO
Supervision: 2 PT Accounting Assistants
Position Description:
The Finance Director provides leadership and management of Keystone's financial infrastructure to meet the strategic goals and mission of the organization. The Finance Director provides financial reports that equip the Keystone President, senior leadership team and the Keystone board of directors with the information needed to manage the financial health of the organization.
Essential Functions
Establish, implement and maintain financial/accounting systems consistent with best practices in the field of nonprofit finance and management, board policies, generally accepted accounting principles (GAAP), and regulatory and funder requirements. Responsibilities include:
Financial Management (50%)
- Manage the finance function to ensure adequacy of working capital and cash reserves, including financial and cash-flow projections and management of investment returns.
- Oversee cash management functions, accounts payables, accounts receivables, cash disbursements, monthly payroll and bank reconciliation functions, maintaining satisfactory separation of duties.
- Lead budget preparation and ongoing budget management to ensure that resources are deployed to meet strategic goals, programmatic plans and contractual obligations.
- Supervise PT accounts payable accounting assistant (shared position), PT accounts receivable assistant and activities of other staff assigned with finance related duties.
- Develop, monitor, evaluate and recommend procedures for internal controls including efficient and cost-effective use of agency resources and ensure safe-keeping, storage and inventory of financial and accounting records and monies.
Reporting and Compliance (40%)
- Prepare internal monthly financial statements and other analytic reports as requested by the President and senior management staff.
- Provide bi-monthly financial reporting to Finance Committee and Board of Directors.
- Monitor program contracts and other funding to ensure that revenues are spent for intended purposes and are compliant with financial and legal requirements.
- Coordinate and supervise all agency audit related activity including 990 and other annual audit and regulatory reporting.
- Maintain schedule of capitalized items and depreciation.
- Prepare reports and budgets for grant proposals and special projects.
- Prepare accounts receivable invoices, in accordance with rental or other contract agreements, to associated individuals or organizations.
- Prepare month and quarterly grant invoices with associated documentation as required by the granting agency.
- Ensure timely preparation and filing of all required government reports (e.g., taxes, surveys, audit worksheets).
- Communicate effectively with vendors, payers, outside entities and organizational staff regarding financial transactions.
- Attend and participate in departmental/agency meetings and trainings as required
- Other duties and special projects as assigned
Qualifications/Preferences
Education:
- Minimum of 10 years experience in nonprofit financial management
- A Bachelor's Degree in an accounting or related field
- CPA (active or retired) preferred
Experience:
- Experience leading a finance function involving multiple revenue and expense sources including government contracts, fee for service and social enterprises.
- Knowledge and experience using financial databases (MIP experience a plus).
- Experience working with a Board of Directors and supporting board committees.
- Demonstrated ability to lead, supervise and communicate effectively with a diverse group of employees and experience working with management staff.
- Comfortable managing a variety of both strategic and hands on activities.
- Strong interpersonal communication, written and math skills and must be detailed oriented.
- Ability to manage multiple priorities including strategic planning and day to day financial operations.
- Ability to inspire, motivate and guide others and work collaboratively in a team environment.
Knowledge, Abilities and other Qualifications:
- Background check(s) must be acceptable.
- Must have a valid drivers license
Physical/Mental Requirements & Equipment Used
The physical requirements of this position include sitting, computer work, bending to file, lifting up to 20 lbs., telephone calls, and moving around the office.
The mental job requirements of this position include: critical thinking, problem solving, written and oral communication skills, planning, reading, and math skills. Also, the ability to maintain confidentiality, keep updated on accounting standards and principles, internal controls, practices and procedures and ability to exercise sound ethical judgement and professional conduct.
Equipment used includes a telephone, calculator, computer and other office equipment.
Disclaimer:
The above statements are not intended to encompass all the functions and qualifications of this position. Rather, they are intended to provide a general framework of the requirements of the job. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
EEO/AA Employer