Description

FINANCE DIRECTOR

The mission of the Community Foundation of Burke County (CFBC) is to encourage, develop and participate in philanthropy by providing flexible giving opportunities, professional support and responsible stewardship for the benefit of donors and qualified recipients.

Founded in 2000, CFBC is a nonprofit, tax-exempt organization that receives gifts, endowments and bequests from individuals, families, businesses and organizations. The Foundation uses distributions from these funds to make grants to qualified charitable agencies and institutions primarily serving the residents of Burke County, North Carolina.

Position Description:

Working with and reporting to the President/CEO, the Finance Director is responsible for these primary duties:

FINANCIAL MANAGEMENT & OVERSIGHT

• Maintain the financial integrity and accountability of numerous charitable funds and the Foundation's multi-million-dollar asset portfolio.
• Prepare timely and accurate monthly financial statements for the President/CEO and Board and quarterly fund statements for charitable fund advisors.
• With the President/CEO, develop and manage the Foundation's annual operating and capital budgets.
• Oversee cash flow management.
• Provide ongoing financial analysis and forecasting to assist the President/CEO and Board in the strategic goals of the Foundation.
• Prepare reports and provide general support to the quarterly meetings of the Finance Committee, as needed.

INVESTMENTS & ASSET MANAGEMENT

• Implement the Foundation's investment and spending policies, as well as investment performance reporting, in coordination with the Investment Committee and independent investment consultant designated by the Board.
• Manage asset allocation in accordance with the Investment Committee.
• Ensure accurate tracking of investment performance, asset allocation, and fund distributions.
• Coordinate with external financial institutions and advisors as needed.
• Provide support to the monthly Investment Committee meetings, as needed.

AUDIT & COMPLIANCE

• Manage the annual financial audit process and 990 tax filing in collaboration with independent auditors.
• Develop, document, and maintain strong internal controls and ensure compliance with all applicable fiscal policies and procedures.
• Maintain documentation and compliance with National Standards for U.S. Community
• Foundations in collaboration with the President/CEO.
• Monitor and stay informed on federal, state, and local legal requirements to ensure the foundation’s continued compliance with all relevant nonprofit regulations.

ACCOUNTING & OPERATIONS MANAGEMENT

• Oversee all accounting functions, including: general ledger maintenance, journal entries, account reconciliations, accounts payable/receivable, and fixed asset tracking.
• Maintain the donor and accounting database system.
• Oversee related IT systems relevant to financial operations.

PAYROLL & BENEFITS

• Administer and process semi-monthly payroll, including respective accounting entries.
• Manage employee benefits programs, including health insurance, retirement plans, and paid leave.
• Serve as point of contact for employee benefit vendors, ensuring compliance with enrollment, renewal, and reporting deadlines.

OTHER DUTIES as assigned by the President/CEO.

For consideration, please send a cover letter and resume to Barbara Wetsig-Lynam, President & CEO.

Requirements

Required Skills:

• Degree in Finance or Accounting; CPA certification a plus.
• Minimum of 5 years non-profit accounting experience, 7+ years preferred.
• Sophisticated understanding of non-profit day-to-day accounting processes, fund accounting preferred.
• High level proficiency in Excel
• High level of analytical ability, critical thinking, attention to detail.
• Excellent organizational skills, creative problem-solving skills, and flexibility
• Dedication to working as a team.
• Dedication to quality, accuracy and a strong work ethic
• Integrity/judgment/discretion
• Excellent oral, written and interpersonal communication skills are essential in order to maintain cooperative working relationships and to instill confidence in our donors and community supporters.

Preferred Qualifications:

• Knowledge of database systems, preferably Foundant
• Experience with Quickbooks Payroll
• Knowledge of business analytics including trends and forecasting
• Good level of comfort with IT
• High energy and a positive attitude
• The ability to be a self-starter who fulfills job requirements with minimal supervision