What are the responsibilities and job description for the Director of Finance position at Sunny Glen Childrens Home Inc?
Sunny Glen Children's Home Job Description
Job Title: Director of Finance
Department: Administration
Supervisor: Chief Executive Director
FLSA Status: Exempt
Prepared By: Human Resources Department
Summary
The Director of Finance (DOF) will be a strategic and operational leader, responsible for managing the financial integrity of the organization while contributing to its overall growth and mission-driven success. The DOF will oversee finance, accounting, compliance, and risk management functions, ensuring the organization maintains sound financial practices. They will work closely with the CEO, Board of Directors, and senior leadership to provide financial insights that guide strategic decision-making.
- Financial Strategy and Planning: Lead the development and implementation of the organization's financial strategy aligned with mission-driven goals.
- Provide financial analysis and insights to guide executive leadership and the Board of Directors in decision-making.
- Manage long-term financial forecasting, investment strategies, and reserve planning.
- Financial Operations and Reporting: Oversee all aspects of accounting operations, including accounts payable/receivable, payroll, and financial reporting.
- Ensure compliance with GAAP and nonprofit accounting standards.
- Prepare and present accurate financial reports to the CEO, Board of Directors, and other stakeholders.
- Oversee grant and donor fund accounting, ensuring compliance with financial reporting requirements.
- Budgeting and Forecasting: Lead the development of the annual operating budget in collaboration with department heads.
- Monitor and report on budget performance, providing variance analysis and recommendations.
- Ensure sound financial forecasting to support programmatic and organizational growth.
- Risk and Compliance Management: Develop and oversee internal controls to safeguard the organization’s assets and ensure financial accuracy.
- Ensure compliance with federal, state, and local financial regulations and nonprofit tax filings (e.g., Form 990).
- Lead and manage the organization’s annual external audit process.
- Team Leadership and Development: Lead, mentor, and develop the finance and accounting team.
- Foster a culture of collaboration, accountability, and continuous learning.
- Build relationships with program leaders to promote financial literacy and resource alignment.
Competencies - To perform the job successfully, an individual should demonstrate the following competencies:
Continuous Learning - Assesses own strengths and weaknesses; seeks feedback to improve performance; pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others.
Job Knowledge - Competent in required job skills and knowledge; exhibits the ability to learn and apply new skills; keeps abreast of current developments; requires minimal supervision; displays understanding of how job relates to others; uses resources effectively.
Use of Technology - Demonstrates required skills; adapts to new technologies; troubleshoots technological problems; uses technology to increase productivity; keeps technical skills up to date.
Problem-Solving - Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem-solving situations; uses reason even when dealing with emotional topics.
Project Management - Develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities.
Communications - Expresses ideas and thoughts verbally; expresses ideas and thoughts in written form; exhibits good listening and comprehension; keeps others adequately informed; selects and uses appropriate communication methods.
Cooperation - Establishes and maintains effective relations; exhibits tact and consideration; offers assistance and support to co-workers; works cooperatively in group situations; works actively to resolve conflicts.
Oral Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions; demonstrates group presentation skills; participates in meetings.
Teamwork - Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; able to build morale and group commitments to goals and objectives; supports everyone's efforts to succeed.
Written Communication - Writes clearly and informatively; edits work for spelling and grammar; varies writing style to meet needs; presents numerical data effectively; able to read and interpret written information.
Change Management - Develops workable implementation plans; communicates changes effectively; builds commitment and overcomes resistance; prepares and supports those affected by change; monitors transition and evaluates results.
Performance Coaching - Defines responsibilities and expectations; sets goals and objectives; gives performance feedback; motivates for increased results; recognizes contributions; encourages training and development.
Team Leadership - Fosters team cooperation; defines team roles and responsibilities; supports group problem solving; ensures progress toward goals; acknowledges team accomplishments.
Delegation - Delegates work assignments; matches the responsibility to the person; gives authority to work independently; sets expectations and monitors delegated activities; provides recognition for results.
Leadership - Exhibits confidence in self and others; inspires and motivates others to perform well; effectively influences actions and opinions of others; accepts feedback from others; gives appropriate recognition to others.
Managing People - Includes staff in planning, decision-making, facilitating and process improvement; makes self-available to staff; provides regular performance feedback; develops subordinates' skills and encourages growth; solicits and applies customer feedback (internal and external); fosters quality focus in others; improves processes, products and services.; continually works to improve supervisory skills.
Quality Management - Looks for ways to improve and promote quality; demonstrates accuracy and thoroughness.
Visionary Leadership - Displays passion and optimism; inspires respect and trust; provides vision and inspiration to peers and subordinates. The position will integrate Sunny Glen’s Core Values throughout their day-to-day operations.
Business Acumen - Understands business implications of decisions; aligns work with strategic goals.
Conflict Resolution - Encourages open communications; confronts difficult situations; maintains objectivity; keeps emotions under control; uses negotiation skills to resolve conflicts.
Cost Consciousness - Works within approved budget; contributes to profits and revenue; conserves organizational resources.
Diversity - Shows respect and sensitivity for cultural differences; promotes a harassment-free environment.
Ethics - Treats people with respect; keeps commitments; inspires the trust of others; works with integrity and principles; upholds organizational values.
Organizational Support - Follows policies and procedures; completes administrative tasks correctly and on time; supports organization's goals and values; benefits organization through outside activities.
Strategic Thinking - Develops strategies to achieve organizational goals; understands organization's strengths & weaknesses; adapts strategy to changing conditions.
Adaptability - Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation.
Achievement Focus - Sets and achieves challenging goals; demonstrates persistence and overcomes obstacles; measures self against standard of excellence; recognizes and acts on opportunities.
Attendance/Punctuality - Is consistently at work and on time; ensures work responsibilities are covered when absent; arrives at meetings and appointments on time.
Dependability - Follows instructions, responds to management direction; takes responsibility for own actions; keeps commitments; commits to long hours of work when necessary to reach goals.; completes tasks on time or notifies the appropriate person with an alternate plan.
Initiative - Volunteers readily; undertakes self-development activities; seeks increased responsibilities; takes independent actions and calculated risks; looks for and takes advantage of opportunities; asks for and offers help when needed.
Innovation - Displays original thinking and creativity; meets challenges with resourcefulness; generates suggestions for improving work; develops innovative approaches and ideas.
Judgment - Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate people in the decision-making process; makes timely decisions.
Planning/Organizing - Prioritizes and plans work activities; uses time efficiently; plans for additional resources; sets goals and objectives; organizes or schedules other people and their tasks.
Quality - Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality; applies feedback to improve performance; monitors own work to ensure quality.
Quantity - Completes work in a timely manner.
Safety and Security - Observe safety and security procedures; report potentially unsafe conditions; use equipment and materials properly.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. Must be 21 years of age or older. Bilingual in English and Spanish is preferred.
Education and/or Experience
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Some senior financial leadership experience, preferably in the nonprofit sector preferred
Strong knowledge of nonprofit accounting principles, GAAP, and compliance requirements.
Proficiency in financial management systems and tools (e.g., Blackbaud, QuickBooks, Financial Edge).
Experience in budgeting, financial analysis, and strategic planning.
Excellent leadership, communication, and problem-solving skills.
Ability to present complex financial data to diverse audiences, including the Board of Directors and program leaders.
CPA, CMA, or MBA preferred.
Experience managing federal, state, or private grants.
Familiarity with investment management strategies for nonprofits.
Knowledge of tax compliance and nonprofit reporting requirements, including Form 990.
Language Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, and the general public.
Mathematical Skills
Budgeting and Forecasting: Project revenues, expenses, and cash flow for strategic planning.
Variance Analysis: Identify and analyze budget discrepancies and recommend corrective actions.
Interest Rate Calculations: Manage loans, investment returns, and funding requirements.
Depreciation and Amortization: Calculate asset values and expense allocation over time.
Financial Modeling: Create complex models for scenario planning and long-term strategy development.
Statistical Analysis: Evaluate performance metrics and conduct risk assessments.
Investment Analysis: Assess portfolio returns, risk levels, and financial projections.
Break-even Analysis: Evaluate the sustainability of projects and programs.
Cost-Benefit Analysis: Assess the financial impact of decisions on organizational resources.
Probability and Risk Assessment: Forecast financial risks and opportunities.
Certificates, Licenses, Registrations
Valid Texas Driver's License
Have a record of tuberculosis screening showing the employee is free of contagious TB.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this Job, the employee is regularly required to stand, walk; stoop, kneel, crouch, or crawl, and talk or hear. The employee is frequently required to use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to sit; climb or balance. The employee must regularly exert up to 25 pounds of force. The employee must be able to make quick decisions, tolerate frustration, and be able to always balance mental toughness with compassion. The employee must be able to multitask.
Work Environment
The characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this Job, the employee is occasionally exposed to outside weather conditions. The noise level in the work environment is usually loud. The employee must be able to function in a noisy environment.
Notes
All services shall be provided in accordance with established standards, principles, and ethics of the profession, applicable professional specialty organizations, and the high-quality standard for which Sunny Glen Children’s Home is recognized.
Sunny Glen is an Equal Opportunity Employer (EOE). Employment selection and related decisions are made without regard to race, color, national origin, religion, sex, disability, veteran status, gender identity, sexual orientation, and other statuses protected by law.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this class classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Education and/or Experience
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Some senior financial leadership experience, preferably in the nonprofit sector preferred
Strong knowledge of nonprofit accounting principles, GAAP, and compliance requirements.
Proficiency in financial management systems and tools (e.g., Blackbaud, QuickBooks, Financial Edge).
Experience in budgeting, financial analysis, and strategic planning.
Excellent leadership, communication, and problem-solving skills.
Ability to present complex financial data to diverse audiences, including the Board of Directors and program leaders.
CPA, CMA, or MBA preferred.
Experience managing federal, state, or private grants.
Familiarity with investment management strategies for nonprofits.
Knowledge of tax compliance and nonprofit reporting requirements, including Form 990.
