What are the responsibilities and job description for the Director of Finance position at HRA of New Britain Inc?
JOB TITLE: Director of Finance
PROGRAM/DEPT: Finance
REPORTS TO: Executive Director
GRADE/CLASSIFICATION: Regular Full Time
FLSA: Exempt
Description: The Director of Finance is responsible for overseeing of all financial management functions for the Human Resources Agency (HRA) of New Britain, Inc. This role includes management of accounting systems and controls, preparing budgets, managing grants, and providing financial reporting and analysis to support the agency’s operational and strategic goals.
Primary Duties and Responsibilities (others may be assigned based upon program needs):
- Financial Systems Management:
Establish, monitor, and maintain financial systems to ensure accuracy, sustainability, and
transparency.
- Financial Reporting:
Prepare and present accurate, timely financial reports, including monthly and annual financial statements. Provide detailed reporting for all donor segments and oversee grants and program accounting. - Audit Coordination:
Lead the annual audit process, liaising with external auditors and the Board of Directors’ finance committee. Implement any necessary changes following audit recommendations. - Budget Development and Oversight:
Coordinate and lead the agency’s annual budgeting and planning process in collaboration with the Executive Director. Regularly review financial plans, monitor progress, and communicate the organization’s financial status to the leadership team. - Cash Flow and Forecasting:
Manage the organization’s cash flow and forecasting to ensure financial stability and operational efficiency. - Grant and Contract Management:
Implement and oversee robust financial management and contract billing systems. Ensure timely contract billing, revenue collection, and adherence to financial schedules to support operational needs. - Policy Development:
Update and enforce financial policies and practices, ensuring compliance with relevant regulations and improving operational efficiency. Maintain and enhance the finance department’s policy and procedure manual. - Board Communication:
Present critical financial matters to the Board of Directors, offering clear and actionable insights. - Team Leadership:
Supervise and mentor finance department staff, ensuring the team’s effectiveness and professional growth.
Minimum Requirements:
- Minimum of a Bachelor’s degree required. MBA/CPA or related degree preferred.
- At least 5 years of nonprofit professional experience.
- Experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area.
- A track record in federal and state grants and budget management.
- A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making.
Knowledge, skills and abilities:
- Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.
- A multi-tasker with the ability to wear many hats in a fast paces environment.
- Personal qualities of integrity, credibility, and dedication to the mission of HRA of New Britain, Inc.
- Utilization of Blackbaud and electronic payroll management information system functionality.
- High energy, collaborative professional with a broad vision for the Finance function, who believes in the importance of operating sustainable and transparent financial systems.
Physical Requirements:
- Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a computer keyboard
Language Requirements:
- Ability to read, write and speak English
When duties and responsibilities change, the job description will be reviewed and changed based upon changes to program or organization’s priorities.
HRA of New Britain, Inc. is an Affirmative Action/Equal Opportunity Employer, including Disabilities/Vets