Senior Director of Finance
The Senior Director of Finance provides executive-level strategic financial leadership across the organization, ensuring its long-term financial health while supporting the mission. The SDF serves as a trusted advisor to the ED and Board of Directors on all matters related to financial strategy, risk, and long-term sustainability. They champion fiscal integrity and translate financial data into strategic insight that drives organizational decision-making.
Key Responsibilities:
Strategic Financial Leadership
- Serve as a strategic business partner to the CEO, helping to guide, communicate, and execute the organization's strategic and financial vision across all departments.
- Lead the development of short- and long-term financial goals and objectives aligned with the organization's strategic plan.
- Develop performance indicators and measurement systems for tracking progress against strategic plan objectives; evaluate and redesign business models where necessary.
- Prepare financial reports for the Executive Director, Directors, and Board of Directors.
- Anticipate emerging business needs, sector trends, and economic developments and translate their implications into actionable organizational plans.
- Evaluate and anticipate current and future economic, social, and governmental influences on the organization's financial performance; provide recommendations to achieve optimal outcomes.
Financial Planning & Oversight
- Develop and maintain the agency's financial operations in alignment with the organization's policies and strategic goals.
- Prepare the annual operating and capital budgets in close collaboration with the Executive Director and Senior Leadership Team.
- Lead the annual audit process, including coordination with external auditors and preparation of all relevant financial materials for the timely completion of the organization's annual audit and IRS Form 990.
- Ensure Single Audit compliance and coordinate responses to audit findings.
- Monitor monthly financial operations; prepare timely analysis and reports and provide guidance to executive and program staff.
- Manage cash flow and financial forecasting; optimize banking relationships and liquidity strategies.
- Identify and address financial risks and opportunities proactively; recommend and implement strategies to safeguard organizational assets.
- Evaluate and recommend process improvements, internal controls, and technology solutions to enhance organizational efficiency and financial reporting accuracy.
- Manage and oversee joint cost allocation methodologies and identify cost savings opportunities.
Board & Stakeholder Relations
- Serve as a key resource and advisor to the Executive Director and Board of Directors on financial operations, risk, and long-term financial security.
- Develop and maintain a trusting, productive relationship with Board members; regularly present monthly financial reports, year-to-date financials, and the multiyear financial forecast.
- Work directly with the Finance Committee to develop policies, monitor implementation, and address the Board's financial oversight needs.
- Recommend changes in strategy, policy, and program operations to achieve the organization's strategic and financial objectives.
- Build compelling financial narratives that support the annual budget approval process and quarterly Board reporting.
Team Leadership & Development
- Lead, manage, and develop the Finance team, driving continuous process improvement and high performance across the function.
- Establish individual performance goals, conduct regular one-on-ones, and foster a culture of accountability, growth, and professional development.
- Communicate organizational standards, policy changes, and strategic priorities to ensure the team is aligned, focused, and prepared to meet departmental goals.
- Supervise the Comptroller and provide oversight of day-to-day financial operations carried out by the finance team.