Director of Finance (CFO)
Director of Finance(CFO)
This position is an opportunity to support transformative social justice initiatives through our financial systems. This position works in tandem with the Executive Director to grow, diversify, and sustain organizational finances that support the NWICDC mission and vision. This position is an innovator who is able to work collaboratively to evaluate and improve organizational effectiveness.
This position will lead our organization's financial and accounting operations. Reporting to the Executive Director, the Director of Finance contributes to the financial and business planning of the organization. In addition to enhancing NWICDC business operations that will grow and sustain our operations, the Director of Finance will ensure effective financial management and reporting, set financial and administrative policy and direction, manage financial process, infrastructure and systems to ensure strong internal capacity and controls.
We are seeking an individual with a deep and demonstrated experience in community-driven change. This position is ideal for someone who is visionary, growth focused, and strategic. Essential to this position is the ability to take initiative and hold themselves and others accountable for our commitments and relationships with funds and with our community while ensuring and exceeding federal audit compliance requirements. This position will oversee a growing financial department with the ability to mentor, inspire, create, build relationships, and bring a positive attitude to this position.
As a leadership position within our organization it is essential that the Director of Finance is able to clearly execute and communicate the vision for the short and long term direction of the financial department and the organization as a whole.
Duties and Responsibilities
- Work with the executive leadership team to build the business plan that will advance and sustain strategic opportunities aligned with the NWICDC vision and mission
- Produce and provide timely, accurate and complete financial reports for executive leadership, NWICDC Board of Directors, funding organizations and other external and internal stakeholders. Makes recommendations based on financial forecasts
- Direct short-term and long-range financial planning and budget development to support organizational strategic goals
- Prepares the NWICDC annual budget
- Lead the daily operations of the finance department, including leadership and management oversight to accounting staff to ensure timely and accurate preparation of accounts payable and receivable
- Develop and utilize forward-thinking, predictive financial models and activity-based financial analyses
- Responsible for timely and accurate analysis of budgets, financial trends and forecasting
- Oversee budgeting and cash flow management to monitor progress, align budgeting and reporting statements and present operational metrics internally and externally
- Monitor fiscal activity and details to ensure that all legal and regulatory requirements are met. Direct and monitor cash, check and other receipts and deposits
- Direct the maintenance of physical inventory and reconciliation of fixed assets
- Completes and tracks Journal Entry corrections for expense and revenue postings to ensure journal entry accuracy
- Works with the Director of Development, Director of Operations and Grant Managers to ensure compliance and good standing with NWICDCs funding partners which include federal, state, and foundation grants and contracts
- Ensure the timely submission of financial reports and reimbursement requests
- Draws down and projects grant spending
- Submit and process grant budget revisions
- Assists in preparing grants to expand funding opportunities
- Oversees payroll functions
- Ensure the organization has the proper operational and internal controls, administrative and reporting procedures to meet monthly, quarterly and annual financial reports
- Ensure that finance staff maintains financial record system in accordance with internal controls, GAAP, and monitor the use of all funds
- Analyze financial and organizational operational systems, develop, enhance and implement new systems and procedures to accommodate and respond to organizational growth
- Oversee all audit and tax return activities
- Manage relationships with banking, insurance, benefits, IT and other partners/vendors
- Monitor and evaluate staff performance, provide coaching and mentoring when needed, promoting an organizational culture of continuous improvement that values lifelong learning
- All other assignments as directed.
Skills and Knowledge
- A strong commitment to the NWICDC mission, vision and values
- BSc/BA in accounting, finance or relevant field; MSc/MA and/or CPA highly preferred
- 5+ years of progressive experience in non-profit financial management, corporate finance, and accounting
- Demonstrated experience as a leader who is dedicated to the development of others and ability to provide day to day operations in directing staff
- Excited to work collaboratively within a community-driven organization, ability to inspire others, maintain a positive attitude and build strong relationships
- Trust builder, change maker, and community connector
- Passionate community organizer and advocate
- Ability to think expansively at the systems and organizational level to drive sustainable social change
- Excellent judgement and creative problem solving including ability to balance innovation with compliance
- Excellent organizational, strategic, and analytical skills with attention to detail as well as strategic thinking
- Knowledge and understanding of the Anishinaabe people and worldview
- Solid knowledge of financial analysis and forecasting
- Proficient in the use of MS Office and financial management software (Quickbooks)
*Disclaimer The information presented indicates the general nature and level of work expected of employees in this classification. It is not designed to contain, or to be interpreted as, a comprehensive inventory of all duties, responsibilities, qualifications and objectives required of employees assigned to this job.
This is an exempt position that is directly supervised by the Executive Director of Northwest Indian Community Development Center.