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Job Description Template Job Posting DIRECTOR OF FINANCE About Seedco: Founded in 1987, Seedco is a national non-profit organization dedicated to advancing economic opportunity for people, businesses, and communities in need. We achieve our mission through two core program portfolios: • Workforce development: Using our long-term career case management model, we help individuals with barriers to employment obtain, retain and advance in jobs. • Work and family supports: Seedco’s helps low-income families successfully enroll in benefits and assistance programs and move towards self-sufficiency. Seedco’s proprietary EarnBenefits Online (EBO) software is central to this work. Seedco operates as both a direct services provider and an intermediary organization, helping community-based organizations expand outreach and secure funding. Headquartered in New York City, Seedco currently operates programs in New York, Maryland, Tennessee, Georgia and Connecticut. Position Summary: The Director of Finance will be a member of the Senior Management Staff and will report to Seedco’s Executive Director. The Director of Finance will work closely with Seedco program management and other senior staff to ensure Seedco’s overall fiscal well-being and will be expected to provide the fiscal support required by the Executive Director in fostering Seedco’s relationships with existing funders and with new funding sources. The Director of Finance position is accountable for Seedco’s accounting operations working in coordination with Seedco’s Administrative Services Partner (Acacia Network, hereafter referred to as the ASP), including the production of periodic financial reports, oversight of the maintenance of an adequate system of accounting records and safeguarding of assets by a comprehensive set of controls and budgets designed to mitigate risk. The Director of Finance will verify the accuracy of Seedco’s reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. Principal Accountabilities: Reporting 1. Issue timely and complete financial statements 2. Coordinate the preparation of the corporate annual report 3. Recommend benchmarks against which to measure the performance of company operations 4. Calculate and issue financial and operating metrics, including fringe rates and occupancy rates 5. Manage the production of the annual budget and forecasts 6. Calculate variances from the budget and report significant issues to management 7. Provide for a system of management cost reports 8. Provide financial analyses as needed, in particular for pricing decisions and contract negotiations 9. Analyze monthly, quarterly, and year-end results to identify and explain variances with respect to budgeted and historical results 10. Coordinate the annual year-end financial and federal A133/Single Audit processes 11. Oversee the preparation and filing of the IRS form 990, IRS form 5500 reporting on pension activities, and other reports required in connection with federal, state and local grant funded projects. 12. Provide full cycle management of Seedco’s budget 13. Oversee financial grant reporting to ensure timely submissions to funders, compliance with contracts and timely reimbursements in order to secure the maximum revenue for the organization 14. Acts as official signer for Seedco on appropriate reports and documents 15. Acts as contact liaison for funders, auditors, governmental entities, and other non-profits for the purposes of compliance to achieve further organizational goals 16. Provides guidance and counsel to the program staff on funder requirements Management 1. Maintain a documented system of accounting policies and procedures 2. Manage ASP relations and other outsourced functions 3. Oversee the operations of the accounting function by the ASP, including review of work product to achieve fiscal and financial goals and objectives Compliance 1. Coordinate the provision of information to external auditors for the annual audit 2. Comply with local, state, and federal government reporting requirements and tax filings Qualifications Education and Related Work Experience: • Bachelor’s degree in accounting, finance, accounting systems or related field, plus experience in both public accounting and nonprofit industry. CPA and/or MBA a plus and a minimum of 8 years of related experience required • Knowledge of not-for profit regulations, tax issues, practices, and internal control and systems and procedures required • Thorough knowledge of accounting, budgeting, and financial analysis • Experience with government contracts and community finance and banking, a significant plus. • Knowledge and experience in computer-based financial systems (FundEZ, a plus) and analytical/reporting tools • Minimum of three years of managerial experience in financial management • Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis required • Prior experience in contracts negotiations and/or bid proposal development is highly desirable Knowledge, skills and abilities: The Director of Finance must possess: • Leadership: a demonstrated ability to lead people and get results through others • Expertise around grant accounting, allocation, and cost principles. • Strategy and planning: an ability to think ahead and plan over a 1-2 year time span • Management: the ability to organize and manage multiple priorities • Proven experience in managing budgets in a timely and comprehensive manner • Information systems development and implementation. • Problem analysis and problem resolution at both a strategic and functional level • Technical skills and experience in financial reporting and analysis, cash flow management, mergers and acquisitions and information technology including local and wide area networks • Ability to provide employees with training and development • Excellent interpersonal and communication skills • The ability to create high performance teams and be a strong team player To Apply: Please send cover letter and resume to [email protected] .
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