Financial Director

The Finance Director (FHRD) 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

Organization Profile: 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.

FLSA Classification: Exempt

Salary Range: $70K -$80K based on experience, plus excellent benefits package.

Schedule: 40 hours; standard hours of operations are Monday - Friday, with possibility for weekend or evening coverage at special events as the Center demands

Travel: Some local travel may be required

Remote eligible: No

Reporting Structure: Reports to BACC’s Executive Director and Center Board of Directors