Financial Planning and Management
● Develop, implement, and manage the organization’s annual budget, ensuring that resources are allocated effectively to meet programmatic and operational goals.
● Prepare regular financial reports, including balance sheets, income statements, cash flow statements, and budget vs. actual reports, for internal leadership and the Board of Directors.
● Lead the organization’s long-term financial planning and forecasting, helping to ensure financial sustainability and resource alignment with the nonprofit’s strategic priorities.
● Monitor and manage cash flow to ensure the organization’s financial stability, making recommendations for improvements as needed.
● Provide guidance and recommendations to the Board of Directors and Executive Director regarding financial strategies and risk management.

Accounting and Financial Compliance
● Oversee the nonprofit’s accounting processes, ensuring adherence to Generally Accepted Accounting Principles (GAAP) and nonprofit financial standards.
● Supervise day-to-day accounting functions, including accounts payable and receivable, payroll, and reconciliations.
● Ensure compliance with all local, state, and federal financial regulations, tax laws, and nonprofit sector guidelines.
● Coordinate and manage the annual audit process, ensuring timely completion and compliance with auditing standards.
● File required tax documents and regulatory reports, ensuring timely and accurate submission.

Fundraising and Grant Financial Support
● Work closely with the development team to track and report on restricted and unrestricted funds, ensuring compliance with donor restrictions and reporting
requirements.
● Provide financial analysis for grant proposals and reports, collaborating with program staff to assess and manage grant budgets.
● Ensure financial sustainability by identifying new funding sources and revenue opportunities, advising on fundraising strategies that align with financial capacity.
Financial Analysis and Reporting
● Provide ongoing analysis and financial insight to the leadership team and Board to inform decision-making, including financial trends, program performance, and
operational costs.
● Conduct financial modeling and scenario planning to support organizational growth, capital needs,and program expansions.
● Provide clear, understandable financial reports to non-financial stakeholders, ensuring that financial data is accessible and actionable.

Team Leadership and Development
● Supervise and mentor the finance team (if applicable), fostering a positive work environment and providing professional development opportunities.
● Build the capacity of staff in financial literacy and best practices for financial management in a nonprofit setting.
● Collaborate with other departments to streamline processes, improve financial operations, and enhance organizational efficiency.

Board and Stakeholder Engagement
● Support the Board of Directors in its financial oversight role by providing accurate and timely financial information and analysis.
● Assist the Board and senior leadership in developing financial policies, strategic financial goals, and key performance indicators (KPIs).
● Present financial information at Board meetings, ensuring transparency and fostering trust among donors, funders, and other external stakeholders.

Treasury and Cash Management
● Oversee all banking relationships, including account management, signing authorities, and financial institution coordination.
● Ensure proper management of organizational cash flow, liquidity, and reserves to support ongoing operations and strategic initiatives.
● Develop and implement treasury policies, including cash handling, investment, and reserve management policies.
● Monitor and safeguard organizational assets by ensuring appropriate internal controls, fraud prevention measures, and financial security protocols are in place.
● Oversee the management of incoming and outgoing funds, ensuring proper authorization, documentation, and transparency.
● Provide recommendations to the Board on investment strategies, reserve allocations, and financial risk mitigations.
● Ensure timely bank reconciliations and review of all financial accounts for accuracy and accountability.
● Maintain oversight of any organizational credit facilities, lines of credit, or financial obligations.