Details
 

Director of Finance

YWCA National Capital Area

 

The Director of Finance is responsiblefor the oversight of all finance, accounting and reporting activities for the YWCA National Capital Area.  The Director of Finance will lead all day-to-day finance operations, including functional responsibility over accounting, accounts payable, accounts receivable, payroll, annual budget process, audits and grants/contract administration.  S/he will ensure that the YWCA NCA has the systems and procedures in place to support effective program implementation and ensure exemplary audit results.

 

The Director of Finance will work in close collaboration with the senior leadership team to ensure the financial health of the organization and collaborate with program leaders to educate them regarding finance and accounting procedures and to optimize the finance and accounting department’s support of program operations. 

 

Position Responsibilities

 

  • Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.

  • Maintain internal control safeguards for receipt of revenue, costs, and program budgets and actual expenditures.

  • Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate, monthly, quarterly, and annual financial statements; closely monitor progress and changes to keep senior leadership and Board committees and abreast of the Association’s financial status.

  • Work in close collaboration with the senior leadership team to facilitate the annual budgeting and planning process; administer and regularly review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.

  •  Oversee all financial, program, contract and grants accounting; ensure that expenditures are consistently aligned with program, contract and grant budgets throughout the contract/grant term.

  • Prepare financial reporting materials for government, corporate, and foundation grants.

  • Manage organizational cash flow forecasting.

  •  Closely manage and track the performance and utilization of the YWCA NCA’s endowment and other invested assets in keeping with YWCA NCA policies and guidelines.   

  • Serve as primary point of contact for audits and coordinate all audit activity.

  • Support the CEO and COO in engaging the board’s finance and investment committees around issues and trends in financial operating models and delivery.

  • Prepare presentations for the board’s finance and investment committees.

  • Collaborate with Chief Program Officer and senior leadership team to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.

  • Leverage strengths of the finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.

  • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and collaborative work environment.

  • Partner with the COO and senior leadership team to enhance and better integrate finance, human resources and IT functions.   

     

    Essential Knowledge, Skills and Experience

 

  • Minimum of a Bachelor’s Degree in Accounting or Finance is required; CPA and/or MBA highly preferred.

  • Minimum of ten years’ experience in a financial management position, ideally beginning in accounting and audit, followed by significant experience evaluating, presenting and reporting financial information to management or executive teams. 

  •  Minimum of four years’ experience working in a nonprofit organization. 

  • Demonstrated, advanced knowledge of generally accepted accounting principles (GAAP) and administrative practices related to the non-profit sector.

  • Must be a hands-on manager with integrity, credibility and the desire to work in a dynamic, mission-driven environment.

  • Commitment to the YWCA NCA’s mission.

  • Solid experience in budget development and analysis, accounts payable and receivable, general ledger, payroll, accounting for investments, coordinating audit activities and managing reporting.

  • Well-versed in nonprofit/association financial management, endowment management, UMIFA/UPIMFA and UBIT.

  • Strong track record in grants management as it relates to compliance and reporting of government, corporate and foundation grants and contracts is essential.

  • Keen analytical, organization and problem solving skills which allows for strategic data interpretation versus simple reporting.   

  • Advanced knowledge of accounting and reporting software, Peachtree, Sage, Intactt in particular.

  • Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors.                                                   

  • Possess excellent time management skills with ability to coordinate multiple projects simultaneously and complete assignments in a timely manner.

  • Ability to work independently, prioritize and exercise sound judgment with minimal supervision.

  • Consistently demonstrate leadership and professionalism.

  • Ability to manage confidential information with diplomacy and tact.

  • Excellent interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board and outside partners.

  • Strong working knowledge of MS Office Suite applications; advanced Excel skills required

 

Candidates must submit a resume and a cover letter to be considered for the position. Cover letter should address why you want to join the YWCA NCA and must include salary requirements.  We regret that due to the volume of applicants the YWCA NCA receives, we are unable to respond by telephone or email to each candidate individually regarding the status of their application.