Finance Director

Community Frameworks; Spokane (WA); On-site; USD 108,000 - 151,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Life insurance

Disability insurance

403(b) retirement plan

Paid holidays

Sick leave

Vacation leave

Job summary

Community Frameworks is seeking a Finance Director to partner with the Executive Director in implementing the organization’s financial strategy. The role oversees the Finance Department, ensures compliance with funder requirements, and presents analytical reports to the Board and leadership.

The position emphasizes budgeting, forecasting and improving financial systems to support mission-driven outcomes. This is a full-time, in-person role based in Spokane, WA with competitive benefits and a

Qualifications

• Bachelor's degree in accounting, finance or related field; active CPA status is highly desired, and an advanced degree or additional education in a related field is a plus.
• Minimum of five to ten years of finance experience and management responsibilities, supervisory experience preferred.
• Experience in strategic thinking, financial planning, budgeting, interpretation of financial data, oversight of accounting procedures, and helping staff and the Board use and understand financial information.
• Advanced computer skills, including full competency in use and development of spreadsheets, knowledge of database programs, experience in design and set-up of project and organizational accounting systems, and an ability to quickly learn and use financial software.
• Good organizational skills and the ability to balance multiple tasks at one time, completing projects efficiently and with quality, while working through the pressure of deadlines.
• Strong interpersonal communication and problem-solving skills, capacity to work collaboratively with team members, as well as the capacity to be a thought partner with organization leadership.

Responsibilities

• Establish/update fiscal policies and procedures which provide appropriate internal controls, meet requirements of funding agreements, and ensure maintenance of a clear audit trail.
• Design/update/improve and maintain a centralized accounting records and reporting system, which complies with generally accepted accounting standards for nonprofits, provides accurate and timely information to the lines of business, management and the Board of Directors, and provides policies, structures and standards to which the organization must adhere.
• Oversee processing of all receipts, disbursements, journal entries and other fiscal records, and supervise all payroll functions and administration of benefits to assure compliance with regulatory and deposit requirements, accuracy, timelines and confidentiality.
• Oversee development, preparation and ultimately present internal financial reports which meet the needs of management, the Board of Directors and funders. Oversee and manage the annual audit process.
• Lead, manage, and continuously improve the organization's annual budget, forecasting, and monthly financial review processes, partnering with the Executive Management Team and department leaders to establish financial targets, monitor performance, and proactively address variances.
• Help Program/Project Managers develop and thoroughly understand:their own program budgets, how program and administrative budgets combine to make the organizational budget, and how to use financial reports from the finance department as a tool to plan and manage activities.
• Review all project and program proposals for financial impact on the organization and make recommendations to the Executive Director. Assist Program/Project Managers to properly manage and monitor grants and contracts for fiscal compliance.
• Manage a system to assure proper handling of finances for those projects for which the organization is the Fiscal Agent.
• Serve on the Executive Management Team, participate in the Development Services Committee’s loan approval process, and staff the Board of Directors' Audit and Finance Committee.
• Modernize the finance function by improving financial systems, streamlining processes, automating reporting, and leveraging technology to increase efficiency, accuracy, and scalability. Perform other duties as assigned.

Skills

Management & communication

Leadership

Strategic thinking

Problem-solving

Education

Bachelor's degree in accounting/finance or related field

CPA status desired

Advanced degree a plus

Tools

Accufund

Spreadsheets

Database programs

Financial software

Job description

About Community Frameworks:

Community Frameworks’ mission is to make home possible. We believe a quality, affordable place to call home is a great predictor of individual and family success. With a suitable place to live in a safe neighborhood, a person is better able to focus on work, health and education, and can get to know and help their neighbors. From this stable foundation, vibrant and thriving communities are born. Together with our partners and supporters, Community Frameworks expands housing access across the Northwest, and our team works across the housing ecosystem to address the critical gaps that stand between people and housing opportunity.

Position Summary:

The Finance Director supports the Executive Director in the financial implementation of the vision, mission, programmatic and business objectives of the organization as set forth by the Board of Directors. With general guidance from the Executive Director, the Finance Director is responsible for ensuring that financial policies, systems and procedures are developed and put in practice to assure correct and responsible accounting and compliance with funder requirements. The Finance Director oversees the staff and activities of the Finance Department and provides tools and guidance to management and staff for the financial planning and analysis of projects and programs, and in the utilization of accepted financial practice in furtherance of Strategic and Operational Plan objectives. The Finance Director is a member of the Executive Management Team and staffs the Board of Directors’ Audit and Finance Committee. As such the Finance Director provides reports, analysis, and strategic recommendations.

At Community Frameworks, finance is more than reporting numbers, it is a strategic driver of our mission. Every budget, forecast, grant, and financial decision helps expand access to affordable housing, strengthen communities, and create opportunities for people to thrive. As Finance Director, you'll have the opportunity to shape the financial strategy of an organization with a meaningful social impact while modernizing systems, improving processes, and partnering with leaders across the organization to make informed decisions. If you're looking for a role where your financial expertise directly supports a mission that changes lives, Community Frameworks offers the chance to build something lasting, for both the organization and the communities it serves.

Duties & Responsibilities:

• Establish/update fiscal policies and procedures which provide appropriate internal controls, meet requirements of funding agreements, and ensure maintenance of a clear audit trail. Develop and implement a cost allocation plan that meets federal OMB requirements.
• Design/update/improve and maintain a centralized accounting records and reporting system, which complies with generally accepted accounting standards for nonprofits, provides accurate and timely information to the lines of business, management and the Board of Directors, and provides policies, structures and standards to which the organization must adhere.
• Oversee processing of all receipts, disbursements, journal entries and other fiscal records, and supervise all payroll functions and administration of benefits to assure compliance with regulatory and deposit requirements, accuracy, timelines and confidentiality.
• Oversee development, preparation and ultimately present internal financial reports which meet the needs of management, the Board of Directors and funders. Oversee and manage the annual audit process.
• Lead, manage, and continuously improve the organization's annual budget, forecasting, and monthly financial review processes, partnering with the Executive Management Team and department leaders to establish financial targets, monitor performance, and proactively address variances.
• Help Program/Project Managers develop and thoroughly understand:their own program budgets, how program and administrative budgets combine to make the organizational budget, and how to use financial reports from the finance department as a tool to plan and manage activities.
• Review all project and program proposals for financial impact on the organization and make recommendations to the Executive Director. Assist Program/Project Managers to properly manage and monitor grants and contracts for fiscal compliance.
• Manage a system to assure proper handling of finances for those projects for which the organization is the Fiscal Agent.
• Serve on the Executive Management Team, participate in the Development Services Committee’s loan approval process, and staff the Board of Directors' Audit and Finance Committee.
• Modernize the finance function by improving financial systems, streamlining processes, automating reporting, and leveraging technology to increase efficiency, accuracy, and scalability. Perform other duties as assigned.

Knowledge, Skills, & Experience:

This position requires well-developed management and communication skills practiced in organizations with a variety of different types of activities. The Finance Director must have the ability to work in the complex and rapidly changing environment of public and private funding, managing multiple cost centers effectively. The ability to model professional behavior and a strong work ethic and to invite trust, open communication and mutual accountability is critical in this position.

Credentials include:

• Bachelor's degree in accounting, finance or related field; active CPA status is highly desired, and an advanced degree or additional education in a related field is a plus.
• Minimum of five to ten years of finance experience and management responsibilities, supervisory experience preferred.
• Experience in strategic thinking, financial planning, budgeting, interpretation of financial data, oversight of accounting procedures, and helping staff and the Board use and understand financial information. A full understanding of nonprofit organization financial planning and management, including IRS and OMB regulations is desired.
• Advanced computer skills, including full competency in use and development of spreadsheets, knowledge of database programs, experience in design and set-up of project and organizational accounting systems, and an ability to quickly learn and use financial software. Proficiency with Accufund is desired.
• Good organizational skills and the ability to balance multiple tasks at one time, completing projects efficiently and with quality, while working through the pressure of deadlines. Self-directed and able to adapt to peaks and lulls in work levels. Able and willing to initiate special projects as work level permits.
• Strong interpersonal communication and problem-solving skills, capacity to work collaboratively with team members, as well as the capacity to be a thought partner with organization leadership; ability to learn quickly, retain knowledge and adapt to ever changing program needs.
• Physical Demands: Ability to lift up to 20 pounds as needed; ability to sit for extended periods of time; ability to sit, stoop, kneel, bend and lift as needed for routine office work; extensive wrist and hand movements required as related to keyboarding; and ability to be mobile as related to business needs.

Reports To: Executive Director

Supervisory Responsibilities: Senior Accountant

FLSA Status: Exempt

Work Schedule & Location: This is a full-time in-person position (40 hours per week) based in our Spokane, Washington office (907 W. Riverside Ave. Spokane, WA 99201)

Salary: $108,127 - $151,404 per year

Benefits: Package includes employer contributions to employee’s health, life, disability, and dental insurance, (family enrollment available at employee expense), paid holidays, sick leave, vacation leave, and a 403(b)-retirement plan.