Director of Finance
The Director of Finance’s primary purpose is to maintain the financial integrity of the Foundation by ensuring the accurate and timely implementation and accounting of the Foundation’s finances and investments according to the policies and procedures developed by the Board of Directors. This position works closely with the Executive Director, Board, and staff in developing and implementing organization-wide, strategic, financial and operating goals.If you have the skills for the role, we encourage you to apply. Share your cover letter with thoughts about how your past experiences align with this position, and a résumé to rebecca@waynecountyfoundation.org
Key Responsibilities:
- Accounting Policies and Procedures – implement the fiscal policies and procedures as developed by the Board of Trustees and advise the Executive Director of needed changes in such policies. Implement and monitor all internal control activities of the Foundation.
- General Accounting Responsible for all aspects of the Foundation’s financial records and day-to-day financial operations, including treasury management, account maintenance, fund reconciliation, and payroll.
- Financial Reporting - Prepares all necessary and requested financial reports for the Board of Directors, Finance Committee, Regional Foundations, Special Projects and all other specific requests.
- Budgeting – Prepare the annual operating budget for recommendation to the Executive Committee. Work with other team members to develop and monitor specific event and program budgets, including the unrestricted grantmaking and scholarship budgets.
- Community Engagement - Serve as the principal Foundation contact for all financially related inquiries from fund holders, donors, grantees, outside audit firms, vendors, investment managers, trust officers, board members and any requests regarding the public disclosure act for 990’s and Audited Financial Statements.
- Fund Management –Ensures that all funds held by the Foundation are accounted for properly by accurately posting revenues and expenses on a monthly basis; preparing the “spendable amount” on an annual basis as applicable; processing all changes to the fund; maintaining the fund status in Business Central and reporting all fund information as needed.
- Investments - Monitors investment performance, manages the short-term investment portfolio, recommends fund adjustments and cash management strategies; facilitates instructions to investment advisor as directed by the Executive Director and the Investment Committee.
- Donor Retained Advisors – Ensures that all funds held by outside advisors are invested and administered according to the guidelines established by the Foundation’s Board of Directors.
Characteristics and skills needed to be successful in this role:
- Bachelor’s degree in finance, accounting or related degree with equivalent experience. CPA or advanced degree preferred.
- Three years or more in a role of progressive responsibility, specifically in the field of finance within a nonprofit agency. Five or more years preferred.
- Knowledge of GAAP and FASB standards as they apply to nonprofit agencies.
- Proven track record of exhibiting sound judgment with the highest ethical standards.
- Outstanding written and oral communication skills.
- Strong analytical skills.
- Capable of managing all aspects of finance and administration and maintaining effective relationships with financial institutions and outside organizations.
- Understanding of investment instruments, investment performance, asset allocation and investment strategies for endowment funds is beneficial.
- Computer skills, experience with Microsoft Office Suite, Quickbooks, and the ability to learn the Foundation’s software package (Business Central/AkoyaGo), and various financial management products.
- Experienced in working with boards and committees in nonprofit organizations preferred but not required.
- Human Resources experience is a plus.
What you need to know about working at the Foundation:
- Confidentiality is key and you will be expected to sign a confidentiality agreement.
- We are small. You will be part of a team of seven.
- You will be expected to be self-motivated. We won’t micro-manage you.
- We work hard and make time for having fun.
- Health insurance, paid vacation, sick time, and other benefits are available.
- This is not a remote position and there are times when we work outside the normal 8-5 workday.
- Salary Range: $75,000 - $95,000
To learn more about the Wayne County Foundation visit www.waynecountyfoundation.org. To learn more about Forward Wayne County visit: www.forwardwaynecounty.org.
If you have the skills for the role, we encourage you to apply. Share your cover letter with thoughts about how your past experiences align with this position, and a résumé to rebecca@waynecountyfoundation.org
Applications will be reviewed until the position is filled.
