The Director of Finance oversees accounting operations, policies and procedures. He/she ensures all financial transactions are recorded properly, all financial reporting is accurate and timely, and all financial activity is organized, well-designed and effective in accomplishing the financial goals of the Coalition.
The Director of Finance is responsible for meeting all internal and external financial reporting requirements, including internal reporting, financial reporting, and grant reporting, and for managing and supporting the annual independent audit and IRS Form 990 preparation.
The Director of Finance is responsible for the maintenance of the chart of accounts and general ledger. The individual holding this position must be well-organized, accurate, thorough, and well-versed in generally accepted accounting principles (GAAP), federal grants management and OMB’s Uniform Grant Guidance.
Key Financial Responsibilities:
- Maintains financial records, general ledger, and internal reporting systems.
- Reviews and posts journal entries, including subsidiary ledger postings.
- Provides financial reporting to the Director of Operations by project and grant.
- Records receivables based on claims for reimbursement from funding sources or notification of new awards.
- Monitors and tracks all receivables; performs collections with staff as needed.
- Performs monthly reconciliations of all banks and investment accounts.
- Performs monthly reconciliation of credit card statements to recorded activity.
- Prepares and records payroll and related expense allocations.
- Records other period close adjusting journal entries.
- Prepares and reconciles all major balance sheet items.
- Reviews trial balance and general ledger coding monthly.
- Prepares monthly financial reporting to Director of Operations.
- Supports financial reporting for federal, local and donor restricted grants.
- Reviews bi-monthly payroll and quarterly tax deposit reports.
- Maintains organized accounting files and records.
- Oversees the Single Audit and internal control operations.
- Performs all HR and payroll duties; has oversight that includes onboarding, preparing, and processing bi-monthly payroll and benefits administration.
- Prepares tax schedules and coordinates Form 990 filing.
- Prepares and coordinates the filing of 1099 Forms annually.
- Coordinates the activity of the Accounting Team and calendar.
- Supports the Director of Operations and Executive Director, as needed.
Company-Wide Competencies:
- Establishes a positive and professional rapport and presents a professional image with the Board, staff, volunteers, outside agencies, and clients.
- Must be able to follow all policies and procedures.
- Demonstrates attention to detail.
- Communicates changes effectively among a diverse group of people within and outside the organization.
- Strives to continuously build knowledge and skills, shares expertise with others.
- Demonstrates efficient use of resources and accountable for resource use.
- Accepts responsibility for own behavior and actions.
- Adapts to changes in the work environment.
- Promotes teamwork and a positive work environment among co-workers.
Supervisory Requirements:
EDUCATION/EXPERIENCE:
- Bachelor’s degree in finance, Accounting or related field.
- 5 or more years’ experience in accounting, experience in the nonprofit sector preferred.
- Professional training or experience in lieu of education requirements.
LANGUAGE SKILLS:
- Ability to follow written and verbal instructions.
- Ability to read and write in English.
- Ability to speak effectively with employees of organization.
MATHEMATICAL SKILLS:
- Able to add, subtract, multiply and divide.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
REASONING ABILITY:
- Ability to apply common sense understanding to carry out instructions furnished in written and oral form.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle or feel; reach with hands and arms; stoop, kneel, talk or hear. The employee is frequently required to walk. Occasional lifting may be required not to exceed 50 pounds without additional support. Specific vision ability required by this job includes close vision, distance vision; color vision, peripheral vision, depth perception, and ability adjust focus.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly exposed to an office environment. The work environment may be at higher noise levels and lower air quality. The employee is occasionally exposed to moving mechanical parts. The noise level in the work environment is moderate. Some site locations may be restricted and/or hazardous areas with a loud noise level.
Job Type: Full-time
Pay: $80,000.00 per year
Experience:
- Accounting: 5 years (Preferred)
License/Certification:
Ability to Commute:
- Frederick, MD 21701 (Preferred)
Work Location: In person
#J-18808-Ljbffr
