What are the responsibilities and job description for the Finance Director position at Second Harvest Food Bank of Northeast Tennessee?
Job Summary:
The Finance Director leads the financial strategy and operations, providing high-level oversight and contributing to both short-term and long-term planning, ensuring financial stability and organizational growth. This role involves delivering analysis and sound business insights across Finance, Risk Management, Inventory Management, and Administration. The Director is accountable for ensuring the accuracy and effectiveness of internal controls, audits, budgets, financial management, accounting, financial reporting, and payroll. Additionally, this position ensures the successful integration of financial controls and fosters effective communication with all departments within the organization.
Essential Duties and Responsibilities:
Strategic Financial Leadership:
- Lead the creation and execution of financial plans, budgets, and forecasts to guide management decisions and enhance financial performance.
- Drive the integration of financial controls and reporting systems across departments to ensure financial integrity and consistency with organizational goals.
Financial Oversight & Reporting:
- Oversee financial reporting, including the preparation of accurate and timely financial statements for both management and the Board.
- Ensure compliance with nonprofit accounting standards, including general accounting principles and specialized nonprofit GAAP (Generally Accepted Accounting Principles), and oversee the completion of annual IRS Form 990 filings.
- Prepare and ensure the accuracy, integrity, credibility, and timeliness of financial reports for management and the Board of Directors.
- Oversee and lead the annual financial statement audit and other relevant audits, ensuring timely completion and addressing any audit findings.
Cash Flow & Risk Management:
- Actively manage cash flow, grant income, investments, tax programs, and ensure sufficient liquidity for operations.
- Lead a robust risk management program, covering vendor support, contract compliance, insurance requirements (for buildings, equipment, rolling stock, and liability), and claims management.
Inventory and Asset Management:
- Oversee inventory management to ensure accurate tracking of received and delivered stock, and support periodic audits to ensure inventory integrity.
- Ensure proper fixed asset tracking, including depreciation management, capital expenditure planning, and compliance with asset-related policies.
Compliance & Reporting Requirements:
- Ensure the filing of various reports and registrations required by federal and state branches of government, grantors, and the Feeding America Network, maintaining timely and accurate compliance with these requirements.
Cross-Departmental Collaboration:
- Foster strong communication and collaboration with other departments to ensure that financial strategy aligns with the organization's overall goals and operations.
Technology & Innovation:
- Utilize cutting-edge financial tools, predictive models, and activity-based financial analyses to enhance forecasting accuracy and decision-making.
Job Requirements:
- Education & Certification: Bachelor’s Degree in Accounting, with CPA or other advanced degree or certification preferred.
- Experience: Minimum of 5 years of experience in accounting, with a preference for nonprofit accounting experience. Proven experience in managing complex financial processes, audits, and reports.
- Nonprofit Accounting Knowledge: Extensive knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting. Must be fully knowledgeable of nonprofit GAAP and have significant experience with financial statements, including statements of financial position and statements of activities.
- Leadership & Management: Demonstrated leadership ability, team management, and strong interpersonal skills. Proven ability to collaborate with senior leadership and work with a Board of Directors.
- Analytical & Organizational Skills: Excellent analytical, abstract reasoning, and organizational skills, with the ability to interpret complex financial data and trends.
- Communication Skills: Excellent verbal and written communication skills, with the ability to present complex financial information clearly to non-financial stakeholders and engage effectively with internal and external parties.
- Technology Skills: Proficiency in financial software (e.g., QuickBooks, NetSuite) and advanced knowledge of Microsoft Office Suite (Excel, PowerPoint, Word). Experience with financial modeling and data analytics tools is highly preferred.
- Additional Skills:
- Proven ability to manage financial operations for nonprofits and understanding of grants and fundraising.
- Knowledge of regulatory reporting requirements, including tax filings, government registrations, and nonprofit sector compliance.
- Ability to work under pressure, prioritize, and multi-task effectively.
Preferred Qualifications:
- Experience in or knowledge of managing restricted and unrestricted funds, and knowledge of the Feeding America Network.
- Experience managing and negotiating credit arrangements with banks and other financial institutions.
- Knowledge of best operating practices for social service and/or basic needs nonprofit organizations.
Language Ability:
- Excellent verbal and written communication skills, strong listening, verbal, and written skills, as well as strong interpersonal dynamics.
Reasoning Ability:
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Ability to multi-task, prioritize, and perform under pressure.
Job Type: Full-time
Pay: $90,000.00 - $110,000.00 per year
Ability to Commute:
- Kingsport, TN 37663 (Required)
Ability to Relocate:
- Kingsport, TN 37663: Relocate before starting work (Preferred)
Work Location: In person
Salary : $90,000 - $110,000