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Title

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Nonprofit Finance Director

Description

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We are looking for a Nonprofit Finance Director to oversee and manage all financial aspects of our organization. The ideal candidate will be responsible for developing budgets, preparing financial reports, ensuring compliance with funding requirements, and supporting the executive team with strategic financial planning. This role requires a deep understanding of nonprofit accounting principles, grant management, and regulatory standards. The Nonprofit Finance Director will collaborate with program managers, board members, and external auditors to ensure transparency and accountability in all financial matters. Key duties include managing cash flow, overseeing payroll and benefits administration, preparing for audits, and maintaining accurate records of all financial transactions. The successful candidate will also be responsible for developing financial policies and procedures, monitoring expenditures, and identifying opportunities for cost savings and revenue generation. Strong leadership and communication skills are essential, as the Finance Director will supervise finance staff and provide training as needed. Experience with nonprofit accounting software and familiarity with IRS regulations for tax-exempt organizations are highly desirable. The Nonprofit Finance Director plays a crucial role in maintaining the financial health of the organization, supporting fundraising efforts, and ensuring that resources are allocated effectively to achieve our mission. This position offers the opportunity to make a significant impact in the nonprofit sector while working with a dedicated and passionate team.

Responsibilities

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  • Develop and manage annual budgets and forecasts
  • Prepare and present financial statements and reports
  • Ensure compliance with grant and funding requirements
  • Oversee accounts payable, receivable, and payroll processes
  • Coordinate annual audits and liaise with external auditors
  • Implement and maintain internal financial controls
  • Monitor cash flow and manage organizational investments
  • Support fundraising and grant proposal development
  • Develop financial policies and procedures
  • Train and supervise finance staff

Requirements

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  • Bachelor’s degree in Accounting, Finance, or related field
  • Minimum 5 years of nonprofit financial management experience
  • Strong knowledge of nonprofit accounting principles
  • Experience with grant management and reporting
  • Proficiency in accounting software (e.g., QuickBooks, Sage)
  • Excellent analytical and problem-solving skills
  • Strong leadership and team management abilities
  • Attention to detail and high level of accuracy
  • Excellent written and verbal communication skills
  • Familiarity with IRS regulations for tax-exempt organizations

Potential interview questions

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  • What experience do you have with nonprofit financial management?
  • How have you ensured compliance with grant requirements in the past?
  • Describe your experience preparing for and managing audits.
  • What accounting software are you proficient in?
  • How do you approach developing and managing budgets?
  • Can you provide an example of a financial policy you implemented?
  • How do you support fundraising efforts from a financial perspective?
  • Describe your experience supervising finance staff.
  • What steps do you take to ensure financial transparency?
  • How do you stay updated on nonprofit accounting regulations?