Director of Finance

2 weeks ago

Fort Worth, United States United Way of Tarrant County Full time
Job DescriptionJob DescriptionThis is an extraordinary opportunity for a mature leader with 5-7 years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting and reporting financial information to executive teams and external stakeholders. The candidate will ideally have experience in a complex nonprofit that has multiple programs.

Position Summary: Reporting to the Chief Financial Officer (CFO), the Director of Finance will be responsible for oversight of all finance, accounting and reporting activities. The Director of Finance is a member of the Leadership Team and is involved in supporting presentations to the Finance and Audit and Investment Committees of the Board of Directors.

The Director of Finance will lead day-to-day finance operations and supervise the finance team members including functional responsibility over accounting, financial reporting, accounts payable, accounts receivable, payroll, and grants administration. The Director of Finance will ensure that the organization has the systems and procedures in place to support effective program implementation and conduct flawless audits. The Director of Finance works closely with program leaders and their staff members, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support program operations.

Supervisory Responsibilities: The Director of Finance directly manages 3-7 individuals.

Essential Duties and Responsibilities:
Finance and Accounting Leadership
  • Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
  • Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures
  • Prepare monthly internal financial statements and financial reports monthly
  • Coordinate all audit activity
  • Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of the organization’s financial status
  • Collaborate with the CFO for the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate
  • Support the CFO in engaging the board’s audit and finance committees around issues and trends in financial operating models, financial controls, and delivery
  • Review daily cash sheets, deposits, and pledges receivable and approve cash disbursements.
  • Review and post all general ledger activity.
  • Weekly review of accounts payable entry and backup and approve for weekly check run
  • Maintain fixed asset module and performing periodic inventory
  • Oversee all financial, project/program and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government, corporate, and foundation grants
  • Collaborate effectively with Community Investment and AAA leadership to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations
  • Maintain investment roll-forwards and track the performance of invested assets in keeping with policies and investment guidelines
  • Management of pledges receivable collection analysis
  • Oversee the timely and accurate preparation of payroll and completion of all payroll-related and benefits activities
  • Review of all payroll tax deposits and related federal reports on respective due dates and reconciliation of bank accounts, assets and liability reconciliations monthly
  • Coordinate and manage financial campaign process to ensure workflow is both timely and accurate
  • Review annual partner agency audit summaries for accuracy
  • Accountable for community impact and Area Agency on Aging reconciliations
  • Ensure successful completion of the Organization’s tax filings
  • Assume responsibility for the finance division in the absence of the CFO

Team Leadership
  • Leverage strengths of the current finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals
  • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment
  • Additional duties as requested

Essential Knowledge, Skills and Abilities:
  • Must be eligible to work in the United States (No Sponsorship)
  • At least 5+ years of broad finance experience, preferably in a nonprofit organization with a budget of at least $10 million and some knowledge of federal grant fiscal reporting.
  • Leverage strengths of the current finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals
  • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment
  • Personal qualities of integrity, credibility, and unwavering commitment; a proactive, hands-on strategic thinker who will own, in partnership with the CFO, the responsibility for finance
  • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments
  • A track record in grants management as it relates to compliance and reporting of government, corporate and foundation grants is preferable
  • Knowledge of regulations surrounding tax forms including but not limited to 1099, W2, and 990 is preferred.
  • Technology savvy with advanced knowledge of accounting and reporting software, preferably MIP/Abila, proficiency in Excel, and knowledge of donor-based CRM systems
  • Commitment to recruiting, mentoring, training, and retaining a diverse team; the foresight and ability to delegate accordingly
  • Keen analytic, organization and problem-solving skills which allow for strategic data interpretation versus simple reporting
  • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board or other outside partners
  • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers

Educational Requirements:
  • Must have Bachelor level degree in Finance or Accounting, or comparable requisite experience. CPA required; Master level degree is preferred.

Personal Skills and Attributes:
  • Excellent leadership, team building, interpersonal and time management skills
  • A high energy, results-oriented leader and must be a self-starter with little supervision required
  • An individual with the utmost professional and personal integrity
  • Outstanding collaboration skills through effective communication
  • Business savvy with the ability to engage, influence, access risk, issues and priorities
  • Personal values consistent with United Way mission

About United Way of Tarrant County
United Way of Tarrant County brings people together to build strong communities where everyone thrives. As a nonprofit leader, we help communities tackle tough challenges and work with private, public and nonprofit partners to boost education, financial stability and health resources. We also serve as the regional grantee for Tarrant County’s Area Agency on Aging (AAA), invest in and maintain a cooperative relationship with the state’s 2-1-1 call center and provide support to local veterans, active military personnel and their families through our partnership with the Texas Veterans Network.

United Way of Tarrant County and AAA employ approximately 75 people dedicated to our mission. We celebrated our 100th anniversary in 2022 and are ready to serve Tarrant County for years to come.

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