What are the responsibilities and job description for the Senior Director Finance position at YWCA Central Alabama?
Job Details
Description
YWCA Central Alabama is a social justice organization dedicated to eliminating racism, empowering women, and promoting peace, justice, freedom and dignity for all. YWCA Central Alabama’s vision is to create a more caring community. We work every day to make a positive change in the lives of individuals and the community.
POSITION OVERVIEW
The Senior Director Finance is a key member of the executive management team and will report directly to the Chief Executive Officer (CEO). The incumbent is responsible for planning, implementing, managing, and controlling all financial-related activities of the organization in accordance with generally accepted accounting principles and in accordance with financial management practices appropriate within a non-profit environment. In addition, the incumbent plays a critical role in collaborating with leadership and the Board of Directors in strategic decision-making and operations, as YWCA Central Alabama continues to enhance and improve its quality programming and operational capacity.
The Senior Director Finance will engage in and foster continuous collaboration with the CEO, program directors and program managers to ensure fiscal responsibility and alignment with the organization's mission into all programs. The incumbent must maintain positive working relationships with leadership, board of directors, constituents, program staff and the public, with appropriate knowledge and experience to achieve the goals of the organization and its mission.
ESSENTIAL JOB FUNCTIONS
- Monitor and coordinate all financial activities for YWCA Central Alabama including accounts payable and accounts receivable, the recording of all revenue and contributions, and all financial transactions.
- Analyze and present financial reports in an accurate and timely manner; clearly communicate the monthly and annual financial statements; collate financial reporting material for all donor segments, and oversee all financial, project/program activities.
- Oversee and lead annual budgeting and planning process in conjunction with the CEO, DVS Director of Finance, Grants Controller, program directors and program managers; administer and review all financial plans and budgets; monitor all financial progress and financial changes; and keep the executive leadership team, Board of Directors, and Finance Committee of the Board abreast of the organization's financial status.
- Effectively and proactively manage organizational cash flow and forecasting.
- Update and implement all necessary business policies and accounting practices and procedures; review and update the finance department's overall policies and procedures manual, as needed, and ensure procedures are adhered throughout the organization.
- Effectively communicate and present critical financial matters to the CEO and Board of Directors.
- Coordinate and lead the annual audit process, liaise with the external auditors and the Finance Committee of the Board; assess changes and make recommendations, as needed.
- Oversee and monitor the Capital Campaign budget, including income and expenses, when Campaigns are in progress.
- Evaluate and advise on the financial impact of long-range planning, the introduction of new programs, new strategies, and regulatory action.
- Assist the Development office in cultivating relationships with potential donors and supporters for YWCA Central Alabama.
- Build relationships with community stakeholders to advance YWCA Central Alabama's programs, as well as its' overall mission and goals.
- Represent YWCA Central Alabama at special events, community meetings and national events and programs.
- Oversee financial transactions relating to all fundraising events.
- Create procurement processes that build efficiencies across the organization.
- Develop financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
- Advise from the financial perspective on any contracts into which the organization may enter.
- Reconcile all cash accounts each month.
- Collaborate with HR functions, processes and procedures related to compensation and benefits, including but not limited to the creation and oversite of salary ranges as well as monitoring the YW's compliance with salary bands and requirements.
- Proven ability to effectively manage day-to-day workload while prioritizing major projects, and the ability to work in a fast-paced environment.
- Must possess personal qualities of integrity, credibility, and dedication to the mission of the YWCA Central Alabama.
- Select, train and lead employees, ensuring efficient daily operations by assigning tasks providing guidance, monitoring performance, addressing issues, and fostering a positive work environment and promoting staff development.
- This job description is not designed to cover or contain a comprehensive list of all activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Qualifications
Qualifications
- Bachelor’s degree in accounting.
- Valid CPA license.
- Minimum six (6) years' relevant accounting experience.
- Minimum of six (6) years of professional experience including management experience. Ideally six-plus years of financial and operations management experience with responsibilities of reporting to the board.
- The candidate must be an experienced accounting professional that possesses strong critical thinking and problem-solving skills to assess and make recommendations about the financial viability of all business functions and programs of the organization.
- Successful track record and experience developing and implementing financial strategies and objectives; and setting priorities to achieve organization goals.
- The candidate will possess the ability to act decisively and support all aspects of the organization, and set challenging individual, department and organizational goals.
- Ability to lead the accounting team to deliver accounting and grant management services, which support the agency.
- Proficient with accounting software, including managing relationships with software vendors; knowledge of accounting and reporting software. Knowledge of Blackbaud Financial Edge software is highly desired. Experience selecting and implementing financial software a plus.
- Excellent communication and relationship building skills with the ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.
- Non-profit accounting and Blackbaud/Financial Edge experience preferred.
WORK ENVIRONMENT
- The work for this position takes place in an office environment, requiring working at a computer or desktop for long periods of time.
- Full time, [hourly/salaried] position with standard working hours Monday through Friday,
8 a.m. – 5 p.m. or its equivalent, and evenings and/or weekends as required to participate in various events. - This position functions primarily in an office environment.
- This position requires the ability to use standard office equipment, including a computer, telephone, and copier for multiple hours each day. The incumbent will be required to move within the building to attend meetings or other functions. Responsible for personal travel to remote office locations as needed. May be required to lift to 20 lbs.
- Valid driver’s license in good standing and willingness to use properly insured personal vehicle to travel to remote office and/or other events in the community or secure personally funded remote travel.