Finance Director

Company: Durham Academy
Location: Durham
Posted on: February 22, 2021

Job Description:

The Finance Director will lead all day-to-day finance operations of a 501(c)3 non-profit corporation,--including functional responsibility over accounting, accounts payable, payroll, and accounts--receivable. The Finance Director will ensure that correct systems and procedures are in place to--support effective program implementation and conduct flawless audits. This position will serve--as the principal liaison to the external auditor. The Finance Director will work closely with division and department heads, not only to educate them regarding finance and accounting procedures, but--to explore how the finance function can support program operations. The Finance Director will advise management regarding revenue enhancement and cost containment strategies. The Finance Director will prepare, analyze and interpret periodic financial reports for management information and control. This position will also oversee the budget preparation process and assist with budget--presentations to Board committees and interested outside parties. This position reports to the Director of Business Services. ESSENTIAL DUTIES AND RESPONSIBILITIES

• Must be able to help advance the mission and values of Durham Academy.
• Lead all day-to-day finance operations with functional responsibility over accounting, accounts payable, accounts receivable, and payroll.
• Oversee all accounts, ledgers and reporting systems ensuring compliance with GAAP standards, regulatory requirements and rules for non-profits.
• Monitor internal controls and safeguards for receipt of revenues, costs, payables, program budgets and actual expenditures. Recommend improvements.
• Coordinate budgeting, budget management and cost controls. Recommend benchmarks for measuring the financial and operating performance of departments.
• Monitor and analyze monthly operating results against budget. Interpret financial data and recommend changes to improve systems, financial performance and reporting.
• Present financial information to management and Finance Committee in a timely manner.
• Generate monthly and year-end financial statements.
• Manage preparation of annual report of actual revenues, transfers and expenses.
• Prepare financial analysis for projects as needed by management.
• Coordinate all audit activity. Ensure compliance with local, state and federal financial reporting requirements.
• Supervise accounting staff and oversee daily operations of department.
• Maintain a documented system of accounting policies and procedures.
• Work on special projects as needed. Additional duties may be assigned by the Director of Business Services as needed. SUPERVISORY RESPONSIBILITY Manage the overall direction and coordination of the Business Office Department, including--accounts payable, accounts receivable and payroll. 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.
  • Significant experience in fund accounting methods.
  • Personal qualities of integrity and credibility.
  • Must enjoy working with a team.
  • Solid experience in the non-profit environment coordinating audit activities; managing, reporting, forecasting, budget development and profitability analysis, accounts payable, general ledger, payroll, restricted/designated funds and accounting for investments.
  • Hands-on knowledge of non-profit accounting software systems and other report generating software.
  • Work requires professional written and verbal communication and interpersonal skills.
  • Ability to motivate team to produce quality materials within tight timeframes and simultaneously manage several projects.
  • Ability to participate in and facilitate group meetings. EDUCATION and/or EXPERIENCE A Bachelor Degree (B.A. or B.S.) from a four-year college or university in Accounting, Finance--or Business Administration. Five or more years of advanced level experience or an equivalent--combination of education and experience. CPA, MBA qualification preferred. PHYSICAL DEMANDS In compliance with the Americans with Disabilities Act, the following have been identified as--physical requirements of the job:
    • The employee must occasionally lift and/or move up to 25 pounds.
    • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. While performing the duties of this job, the employee is regularly required to talk or hear.
    • The employee is frequently required to use hands and fingers to handle, reach or feel and manipulate objects or controls. The employee is frequently required to sit or stand for long periods of time and walk distances, as well as stoop, bend, kneel and crouch. Reasonable accommodations may be made to enable individuals with disabilities to perform the--essential functions. WORK ENVIRONMENT Working conditions are normal for an office environment. Occasional weekend and/or evening work may be required. Position is available immediately and open until filled. No phone calls, please. Durham Academy is an Equal Opportunity Employer/M/F/Disability/Veteran

Keywords: Durham Academy, Durham , Finance Director, Executive , Durham, North Carolina