Director of Finance

Status: Full-time, Exempt 

Location: Philadelphia, PA

Application Deadline: Applications will be reviewed on a rolling basis. 

For consideration, please attach your Cover Letter and Resume to the online application in addition to answering the Application Questions.

Summary of Principal Responsibilities:

The Director of Finance is a member of the finance department leadership team and will assist the Chief Financial Officer (CFO) in managing the financial operations of the AFSC. This position is responsible for accounting oversight of some areas of the finance function of the AFSC, financial reporting, and compliance activities, ensuring that financial strategies align with the organization's mission and goals.

 Essential Functions/Responsibilities: The key responsibilities of the Director of Finance include the following:

 Financial Management:

1. Actively participate in the development and management of the organizational budget, including any reforecasting. Oversee the budget and reforecast process, ensuring its alignment with organizational goals and providing guidance on financial planning and resource allocation.
2. Analyze the organization’s financial position and issues periodic financial and operation reports to CFO and other entities as needed. Analyzes, consolidates, and directs other statistical and routine reports, including monthly, quarterly, and annual financial reports, including analysis of variances to identify trends and opportunities for growth.
3. Collaborate with regional and central office staff to monitor financial results against budget and identifying, explaining and resolving variances.

Accounting Oversight:

1. Oversee accounts payable, accounts receivable, and payroll (postings).
2. Work closely with CFO, and other finance leadership to review and approve the balance sheet reconciliations.
3. Assist with the month-end and year-end closing processes, ensuring accurate financial reporting and timely completion of all necessary tasks.
4. Ensure compliance with all applicable accounting standards and regulations.

Audit and Compliance:

1. Coordinate and support preparation of schedules, reporting and supporting documents for the organizational annual external audits and other periodic audits working directly with auditors collaboratively to proactively address questions and documentation.
2. Ensure adherence to financial policies and procedures; recommend improvements as necessary.
3. Maintain up-to-date knowledge of nonprofit financial regulations and best practices.

Grant Management:

1. Participate in the central office grants management team for both US and IP programs and develop an in-depth understanding of the different grants and their respective intricacies.
2. Ensure AFSC financial participation is monitored and oversee indirect allocations and cost recovery of all grants, monitor funding partners regulations on where AFSC can obtain cost recovery and advise.
3. Provide timely support to the Grants team and assist in building a collaborative process. 

Team Leadership:

1. Supervise A/P staff, providing training, support, and performance evaluations.
2. Foster a collaborative and high-performing team environment.
3. Represent the CFO in meetings and initiatives as needed, ensuring continuity and progress in financial matters when the CFO is unavailable.
4. Provide staff services to and participate in the functions of the following committees:
   • Investment Committee
   • Finance Committee
   • Audit Committee
   • Other committees related to the financial functions of the organization as may be required (e.g., Retirement Committee) and/or as they may be created.
     
     
5.  Attend meetings of the Management Team, Program Consultative Group (PCG), fundraisers, and others as requested.

Strategic Planning:

1. Collaborate with leadership to develop long-term financial strategies that support the organization’s mission.

Stakeholder Communication:

1. Preparation of reports for Stewardship Committee and Board of Directors as required.
2. Present financial information in a clear and accessible manner.
3. Other duties as assigned. 

Minimum Qualifications

Education: Bachelor’s degree in accounting required and CPA required.

Experience: Minimum of 10 years of experience in financial management, with the majority in a nonprofit setting required.

Other Required Skills and Abilities:

1. Commitment to Quaker values and testimonies. Understanding of and compatibility with the principles and philosophy of the American Friends Service Committee including non-violence, the belief in the intrinsic worth of every individual, and the committee process.
2. Strong understanding of nonprofit accounting principles, financial reporting, and compliance requirements.
3. Proficient in various ERP software’s. Microsoft 365 Business Central and added advantage.
4. Proficient in Office 365, especially Microsoft Excel.
5. Excellent analytical, problem-solving, and organizational skills.
6. Commitment to affirmative action as witness to the Quaker belief in the equal worth of all people. Experience working with a wide range of people from diverse racial, cultural, economic, and other backgrounds.  Demonstrated ability to work and communicate with diverse staff and be sensitive to their personnel needs.
7. Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.
8. Proven leadership experience with the ability to inspire and manage a team.
9. Work from the office as necessary.

Compensation: Department Director - ($100,000-$140,000), Exempt – Comprehensive medical and hospitalization plan; term life, accident and salary continuation insurances, defined benefit pension plan, plus fringe benefits; participation in unemployment and worker’s compensation and social security.

The American Friends Service Committee is an Affirmative Action/Equal Opportunity Employer. Qualified persons are encouraged to apply regardless of their religious affiliation, race, age, sex, gender identity, sexual orientation or disability.

AFSC’s Central Office and some of its offices in the U.S. are unionized workplaces. This position is not represented.

The American Friends Service Committee is a smoke-free workplace.

Salary : $100,000 - $140,000