Director of Finance

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Full-time Regular Officials & Managers Bronx, NY, US

2 days ago Requisition

Salary Range: $ To $ Annually

General Purpose of the Job:

The Director of Finance will be responsible for overseeing and managing financial operations, optimizing resource allocation, ensuring compliance with financial regulations and policies, and ensuring operational efficiency according to the standards set for the organization and agency contractual obligations. The incumbent will be responsible for the accuracy, completeness, and timeliness of the organization’s financial reporting while ensuring processes and procedures are consistent and enforced, cash management, and budget and management reporting.

Making sure that internal controls are in place, enforced, and reviewed periodically for conformance to accounting and financial standards and applicable regulations.

Essential Duties and Responsibilities:

• Oversight and management of cash reconciliation, disbursements, advances, cash movement and off-balance sheet reconciliations.
• Oversee and lead annual budgeting and planning process in conjunction with the CFO; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization’s financial status.
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
• Analyze financial and operational data to identify trends, risks, and opportunities for improvement.
• Manage organizational cash flow and forecasting.
• Implement a robust contracts management and financial management/reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
• Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
• Offer advice to the CFO and CEO regarding spending and budget questions.
• Work with internal and external customers to design solutions for efficiency and customer satisfaction.
• Lead and participate in presentations to Senior Management, vendors, and auditors.
• Participate in the development and maintenance of policies and procedures for the department.
• Conduct ad-hoc reporting and analysis.
• Perform other duties and special projects as required.

Position Requirements and

Minimum Qualifications:

• Bachelor’s degree in accounting, finance, or equivalent field; MBA or other advanced degree; and CPA license is desirable.
• Minimum five years of senior level experience in nonprofit sector and w/or equivalent business experience, with at least ten (10) years in a senior management position.
• Nonprofit or experience working with government contracts is preferred, with local, state, and federal agencies, specifically Department of Homeless Services [DHS] Department of Health and Mental Hygiene [DOHMH]. Demonstrated experience with or strong knowledge of NYC contracting agencies (DHS, HRA, OMH) processes and systems (Passport, SMS, PIP).
• Advanced proficiency in Microsoft Excel (pivot tables, vlookups, modeling).
• Experience with Blackbaud Financial Edge preferred.
• Financial dashboarding experience (Power BI or similar) a strong plus.
• Strong communication skills…