Description:
PRIMARY RESPONSIBILITIES:
Guidance and Monitoring:
- Provide expert guidance and oversight to the month-end closing process, ensuring all financial activities are completed accurately and on time.
- Monitor the progress of financial reporting tasks and address any issues or discrepancies that may arise.
Grant and Receivables Management:
- Maintain meticulous records of all grants and receivables, ensuring compliance with the financial reporting requirements set forth by funders.
- Review grant agreements to ensure adherence to reporting obligations and financial guidelines.
Financial Reporting:
- Produce monthly financial statements, including the Statement of Financial Position, Statement of Activities with budget comparisons, Cash Flow Statement, and comprehensive memos highlighting significant financial information.
- Collaborate with senior management to review and analyze financial reports, providing valuable insights and recommendations.
Budget Development:
- Collaborate with senior management and department heads to develop the annual budget, incorporating strategic priorities and financial goals.
Compliance and Reporting:
- Update financial data on relevant reporting agency websites, ensuring timely and accurate submission of required information.
- Prepare grant expense reports and financial statements for grant reporting purposes.
Financial Oversight:
- Maintain organized work papers and reconciliations for balance sheet accounts, ensuring accuracy and completeness.
- Manage disbursements, monitor outstanding checks, and oversee cash flow to optimize financial resources.
Audit and Compliance:
- Liaise with external auditors to facilitate the completion of the annual financial statement audit.
- Ensure compliance with regulatory requirements and generally accepted accounting principles (GAAP).
Leadership and Collaboration:
- Represent the organization at finance and audit committee meetings, providing valuable insights and recommendations to executive management.
- Collaborate with the leadership team to establish and achieve financial goals and objectives.