The Director of Finance is responsible for establishing financial policies, procedures, controls and reporting systems. This position ensures legal and regulatory compliance for all accounting and financial reporting functions. The Director of Finance also oversees general accounting, accounts payable, accounts receivable/collection, payroll and risk management.
Duties And Responsibilities:
Develop, implement and maintain a financial reporting system that maintains internal operating controls to safeguard financial assets.
Oversee the management and coordination of all fiscal reporting activities for the organization in a timely manner and in accordance with U.S. generally accepted accounting principles (GAAP) including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
Assess the benefits of all prospective contracts and advise the Leadership Team on programmatic design and implementation matters.
In conjunction with the Executive Director and the Leadership Team, develop both individual program and overall organization annual budgets.
Work with the Executive Director to ensure programmatic success through cost analysis support and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate employees, and 3) monitoring compliance.
Manage the integrity and accuracy of the general ledger information used for financial reporting.
Supervise monthly and year end closing procedures to ensure activity is recorded to the general ledger in the proper period for the correct amount.
Coordinate and provide information for annual financial audit with external auditors.
Serve as plan administrator for 403b retirement plan and evaluates annual group health insurance renewals.
Establish and maintain business relationships with third parties including bankers, insurance companies, retirement plan providers, investment managers, auditors and attorneys as needed or directed.
Evaluate cash flow and anticipate cash needs, keeping Executive Director and management Team appraised of same.
Maintain fixed assets and depreciation records.
Attend Board of Directors and Finance Committee meetings, including being the lead staff on the Finance Committee.
Assist in the design, implementation and timely calculations of wage incentives and salaries for employees.
Train, supervise and mentor team members; ensuring each team member receives adequate support and is consistently on track to meet the goals of his/her position.
Other duties as assigned.
Minimum Education and Experience:
Bachelor’s Degree in Finance or Accounting required
Certified Public Accountant license preferred
Five (5) to seven (7) years of financial and management experience with the day-to-day financial operations of an organization with at least 75 employees.
Prior experience supervising staff, including regular progress reviews and plans for improvement.
Demonstrated knowledge of non-profit accounting in accordance with GAAP.
Demonstrated knowledge of payroll processes.
Ability to recognize and be responsive to the needs of funding organizations, the Board of Directors, and local community advocates.
Ability to work with accounting and other database software programs.
Special Conditions of Employment:
Valid Driver’s License, a working motor vehicle, and proof of current vehicle insurance.
Undergo and successfully pass a State of Michigan LIEN Check and Central Registry Clearance.
Pre-Employment Drug and Alcohol Screen.
Negative TB Test upon hire with follow-up TB tests as required by CFSSWMI policy.
Undergo a background check with no felony convictions and no abuse/neglect convictions.
Ability to be bonded.
Must have the ability to work a flexible schedule including some evenings, weekends and holidays, as necessary.
Additional Salary Information: Paid Time Off (PTO) Benefits: Time off with pay is available to eligible employees to provide opportunities for vacations, illness, doctors’ appointments, etc.
Holiday Time: There are eleven days of paid holidays per year.
Health and Dental Insurance: The Agency offers medical, dental, and vision insurance for full time employees.
Retirement Benefits: All employees are eligible to contribute to a 403b Retirement Investment Fund.
Other Benefits: There are additional insurance plans or benefits not provided by the Agency that are available through a relationship with Colonial Life and would be paid directly by the employee.
About Child & Family Services of Southwestern Michigan, Inc.
Child & Family Services of Southwestern Michigan, Inc. (CFSSWMI) originated in 1891 as the National Children's Home Society for the District of Michigan "to secure for every child the same love and the same opportunity that we would have our own children receive should they be left orphaned and friendless." The first child was taken into our care on September 28, 1891, followed by hundreds of orp...haned children who were helped by our agency with finding them permanent homes.
Since that time, our programs have changed periodically as new community needs were identified and as we grew to become a full-service agency serving children, families and adults. Today we offer services through five comprehensive programs: Autumn House and Harbor House Adult Day Services, Helping Hands Adult Homecare Services, Safe Shelter for Domestic Violence and West Michigan Guardianship. We serve the people living in Berrien, Cass and Van Buren counties, with some services extending to people in eight different counties throughout Southwestern Michigan.