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Chief Financial Officer

Company: The Southeastern Council of Foundations
Location: Danville
Posted on: September 12, 2020

Job Description:

We're looking for a candidate to fill this position in an exciting company.

Set up and monitor procedures and controls to ensure IRS and other regulatory compliance.

Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP and regulatory requirements. Maintain internal control safeguards and manage all audit activities.

Directs the accounting and payroll activities and operations; monitors operating bank account.

Manages and coordinates the Foundation's investments with investment advisors and various investment managers; establishes and promotes a positive working relationship with custodian bank and provides investment instructions; reviews monthly reports from investment managers, custodian bank and investment consultant for consistency and internal records; summarizes investment transactions in a format that can be used for accounting purposes.

Provides analysis and recommendations on investments and other support as required to the Financial Investment Committee of the Board; supervises and directs investment changes made at the request of the Committee and/or Board.

Forecasts and manages cash flows and investment balances to ensure adequate liquidity for payment of grants and operating expenses of the Foundation.

Prepares annual operating budget along with the CEO and staff for Board approval; Assess organizational performance against both the annual budget and the Foundation’s long-term strategy; develop and/or enhance processes and systems to provide critical financial and operational information to the President and the Board of Directors and make actionable recommendations.

Provides staff support to Audit Committee of Board; prepares RFP for securing audit services; coordinates the audit process; responds to any financial management issues raised by auditors; evaluates internal control issues and reports to Committee as required.

Implements financial and other software systems as needed. Creates format for financial reporting; reviews financial reports prepared for distribution to the Board and outside organizations.

The successful candidate will be an accomplished finance and foundation executive with a minimum of 15 years of experience. S/he will have prior experience serving as a financial leader of a foundation or relevant community experience.

Keywords: The Southeastern Council of Foundations, Danville , Chief Financial Officer, Other , Danville, Virginia

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