Head of Finance

Position Summary

The Head of Finance role oversees financial planning, management, and reporting. This role is critical for ensuring the financial health and sustainability of the organization. The Head of Finance will collaborate with senior leadership to drive strategic financial decisions, manage budgets, and ensure compliance with financial regulations. This position requires strong analytical skills, leadership abilities, and a deep understanding of non-profit financial management.

• Develop and implement financial strategies to support the organization’s mission and goals.
  
• Lead the annual budgeting process, including long-term financial planning and forecasting.
  
• Approve credit and investment proposals as well as investment strategies in alignment with organizational objectives.
  
• Provide strategic financial insights and recommendations to the executive team.
  

Financial Operations:

• Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and cash management.
  
• Ensure efficient and effective financial operations, including procurement and asset management.
  
• Manage banking relationships to optimize financial services.
  
• Maintain financial systems and software for efficient and organized financial operations.
  

Budget Development and Management:

• Develop and manage the annual budgeting process, aligning financial strategies with organizational goals.
  
• Prepare financial forecasts, projections, and models to support effective decision-making.
  
• Conduct thorough variance analysis, providing actionable insights on financial performance.
  

Financial Reporting & Compliance:

• Oversee the preparation of monthly, quarterly, and annual financial reports.
  
• Ensure timely and accurate financial reporting to management, donors, and regulatory bodies.
  
• Monitor financial performance and analyze variances to ensure fiscal responsibility and alignment with budgets.
  

Tax, Treasury and Compliance:

• Manage tax-related matters, treasury functions, and ensure regulatory compliance.
  
• Coordinate and support external audits and financial reviews to maintain transparency and accuracy.
  
• Monitor and control expenses, aligning financial activities with approved budgets.
  

Financial Statement Preparation:

• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
  
• Ensure compliance with relevant accounting standards, regulations, and tax laws.
  
• Perform indirect cost reporting to management.
  
  

Requirements