Finance Director

Job Summary: The Finance Director will play a crucial role in overseeing the financial health and trajectory of BACC. This individual will be responsible for managing the organization’s financial operations, including budgeting, financial reporting, grant management, and donor reporting. The Finance Director will work closely with the Executive Director and the Board of Directors to ensure the organization’s financial stability and create a path for sustainable growth.

Essential Duties & Responsibilities:

Financial Oversight & Compliance

• Oversee day-to-day financial operations
• Supervise and direct bookkeeping personnel and activities
• Serve as agency point of contact for all vendor relations and contract negotiations
• Manage risk assessments and implement risk mitigation strategies related to financial regulations and/or grant compliance mandates
• Oversee internal and external audits and implement recommendations as needed
• Coordinate annual audit, non-profit filing and tax activities with the Accountant
• Administer employee benefits programs, including health insurance, and retirement plans
• Monitor changes in nonprofit financial regulations and adjust policies accordingly
• Implement and oversee financial processes, including requisitioning and purchasing
• Create, analyze and present financial reports clearly
• Clearly communicate organization financial statements
• Implement financial controls and procedures to safeguard organizational assets

Donation and Grant Management

• Conduct regular financial reconciliations between fundraising and accounting systems
• Provide financial insights to leadership on the sustainability of donor and grant funding
• Work with program managers to develop budgets and forecasts for grant proposals
• Ensure alignment of donations and grants with the organization's overall budget and financial strategy
• Ensure compliance with donor restrictions, grant terms, reporting and fund allocation requirements, and grant and donor reporting
• Develop and implement financial policies for donation processing, acknowledgment, and stewardship
• Oversee the proper recording, tracking, and reporting of all donations; ensure timely issuance of donor tax receipts and compliance with IRS/GAAP regulations
• Maintain accurate records of grant agreements, amendments, and renewals
• Implement internal controls to prevent fraud or mismanagement of donor funds.
• Track grant expenditures to prevent overspending or misuse of restricted funds
• Manage grant reimbursement requests and ensure timely fund disbursement
• Monitor donation revenue streams and provide financial analysis for fundraising strategies
• Prepare financial reports and documentation for grant audits and funder reviews

Planning

• Assist in development and management the annual budget, including forecasting and financial planning
• Collaborate with the Executive Director and Board of Directors to align financial strategies with organizational goals
• Evaluate and recommend improvements to financial systems and processes

Qualifications:

Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Experience: Minimum of 6 years of experience in financial management with at least 2 years in a managerial role within a non-profit or similar organization.

Skills:

• Strong knowledge of financial management principles, including budgeting, financial reporting, and compliance.
• Expertise in human resources practices, including recruitment, employee relations, and benefits administration.
• Proficiency in financial software and HR management systems including Quickbooks and Paylocity.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication and interpersonal skills, with the ability to interact with diverse stakeholders.
• Working knowledge of federal, state, and local existing and proposed laws/regulations affecting human resources management. Ability to interpret appropriate laws and policies and ability to advise management and employees accordingly.
• Experience supervising contractors and/or individual contributors.

Personal Attributes:

• Visionary thinker withability to creatively and strategically to drive the organization’s mission forward.
• Empathetically demonstrates understanding and responsiveness to the needs of the community and staff.
• Growth mindset with ability to maintain composure and effectiveness in the face of challenges and change.
• Collaborativeworkstyleto effectively engage a variety of stakeholders to achieve common goals; creative management style, trustworthy and demonstrates high ethical standards and emotional intelligence.
• Highly organized, detail-oriented, and able to handle multiple projects simultaneously and keep sensitive information in confidence.

Ballston Area Community Center (BACC) is a vibrant and long standing non-profit organization dedicated to enhancing the quality of life for residents in Ballston Spa and the surrounding communities. Located centrally in the Village of Ballston Spa, we provide a diverse range of programs and services designed to foster community engagement, support personal growth, and promote overall well-being. Our initiatives span educational workshops, recreational activities, health and wellness programs, and community outreach, all aimed at building a stronger, more connected community.

Job Type: Full-time

Pay: $70,000.00 - $80,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Professional development assistance
• Retirement plan

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person

Salary : $70,000 - $80,000