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**Director of Financial Operations**
2 months ago
The **Director of Financial Operations** is a pivotal leadership position at Literacy Minnesota, responsible for managing the organization's financial operations. This role ensures financial stability, compliance, and sustainability while supporting the organization's mission to provide transformative learning opportunities, spark innovation in literacy, and mobilize change.
Key Responsibilities- Financial Strategy and Planning
- Develop and implement financial strategies that support organizational objectives and operational efficiency.
- Oversee the preparation and management of budgets, financial forecasts, and financial reports.
- Provide strategic recommendations to the President based on financial analysis and projections.
- Financial Management and Reporting
- Lead and manage all financial operations, including accounting, payroll, budgeting, auditing, and reporting.
- Examine and scrutinize policies and practices around financial matters to ensure equity, inclusion, and anti-racist practices are embedded.
- Ensure accurate and timely financial reporting in compliance with federal, state, and local regulations and GAAP.
- Systems and Process Integration
- Collaborate with the Director of Operations to integrate financial systems with organizational processes.
- Implement and maintain robust financial management software and tools.
- Identify opportunities to enhance financial processes and internal controls for greater efficiency and accuracy.
- Team Management and Development
- Supervise and mentor finance and accounting team members, fostering a culture of continuous improvement and professional growth.
- Develop training programs and resources to enhance financial literacy and competency across the organization.
- Collaboration and Communication
- Work closely with the President and other executive team members to support strategic initiatives.
- Communicate financial information effectively to stakeholders, including the Board of Directors, senior management, and staff.
- Minimum of 5-7 years of progressive experience in accounting and financial management, preferably in a non-profit organization.
- 3+ years of supervising and leading teams.
- Ability to think strategically, anticipate future consequences and trends, and incorporate them into the organizational planning.
- Strong knowledge of GAAP, financial reporting, budgeting, and financial analysis.
- High-level proficiency with accounting software, preferably Sage Intacct.
- Proven leadership and team management skills.
- Excellent interpersonal and communication skills, with the ability to convey complex financial information clearly.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
- Ability to work effectively in an organization that has recognized its own issues related to equity and is seeking to be more representative of the community.
- Ability to relate effectively to diverse groups of people from all social and economic groups.