Director of Finance

SUMMARY

The Director of Finance is responsible for overseeing the accounting function, ensuring compliance with GAAP and internal policies. Preparing accurate and complete details of SBAM’s financial position, along with that of SBAM’s subsidiaries and affiliates. Assisting with forecasting and analyzing financial data. Managing day-to-day accounting operations, including all facets of accounts payable.

ESSENTIAL RESPONSIBILITIES AND DUTIES

Accounting

1. Oversee all accounting functions. Process/review expenditures, payables and receivables, monthly fees and general ledger entries; review and monitor in a timely manner account and general ledger reconciliations and financial statement reporting.
2. Oversee the annual budgeting and planning process. Prepare, administer, review and present all financial plans, forecasts and budgets. Monitor and analyze financial progress, results and changes, and provide recommendations.
3. Plan for and manage the complete life cycle of the annual financial review or audit of the organization’s accounts by an outside independent auditor. Ensure the preparation of schedules and information as required for a timely and efficient process. Ensure completion (by audit firm) of all financial reporting (i.e. Form 990, 1099’s, single audit, etc.) Manage the preparation, timely filing and payment of all local, state, and federal tax returns at audit firm direction.
4. Manager of month-end close process. This includes reconciling bank statements, investment accounts, A/R, prepaids, cash, deferred revenue accounts and the trial balance to A/R and A/P aging reports.
5. Directs the weekly review of payables for all entities.

Forecasting and Compliance

1. Prepare reports that summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
2. Develop, implement, and maintain accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting.
3. Manage cash flow and forecasting to ensure adequate cash flow to meet the organization’s needs.
4. Develop and maintain systems of internal controls to safeguard financial assets of the organization.
5. Monitor banking activities of the organization using online banking portals. This duty includes: downloading monthly bank statements for reconciliation process, managing stop payments on checks and researching uncashed items to reissue or write off.

Skills/Knowledge

Advanced knowledge of Intacct Accounting Software and Microsoft Office Suite, particularly Excel. Good oral and written communications skills. Must be able to work independently, be detail oriented and organized and able to work on many projects simultaneously. Ability to understand and analyze complex data sets. Ability to think long-term, anticipate future trends, and execute strategic plans.

Experience/Education

Bachelor’s degree in accounting, or combination of education and ten years’ relevant non-profit accounting experience. Knowledge of accounting issues specific to 501(c)(6) and (c)(3) organization’s is preferred. Experience with grant management and reporting a plus.

Physical Effort and Dexterity

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands and fingers on computer keyboard. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 30 pounds.

Work Environment and Scheduling

The regular work environment results in little to no exposure to heat, cold, dust, loud noise or chemicals. Regular working hours for this employee are 8:00 a.m. - 5:00 p.m. This position works in a hybrid environment, with a preference for working remotely two days a week and in the SBAM headquarters office three days a week.