Finance Director Job at Covenant House Washington Dc

Covenant House Washington Dc United States

POSITION SUMMARY
Reporting to the CEO, the Director of Finance (Director) is responsible for the overall financial health and stability of Covenant House Greater Washington (CHGW). The Director will serve as a strategic thought partner to executive leadership and a coach to staff, supporting the senior team in formulating strategic budgets that strengthen programmatic operations. Additionally, the Director is a member of our five-person senior team who strives to ensure that staff have the resources they need to enjoy the work they do while efficiently and effectively reaching their individual and organizational goals. The ideal candidate will be a mission-driven, detail-oriented, highly collaborative leader with exceptional strategic and financial acumen and a demonstrated talent for the continuous improvement of finance systems and processes in growth environments. Additionally, they have a deep commitment to Covenant House Greater Washington’s mission of serving youth,
ages 18-24, who are experiencing homelessness, disconnection and exploitation in the DC area. Our vision is that all youth are thriving and have a place to call home.
The Director will provide strategic financial and organizational leadership for CHGW. These responsibilities include:

  • Financial Management
  • Recommend and implement systems, policies, procedures, and controls which assure that CHGW’s financial operation functions efficiently and effectively; is designed to account accurately for various grantors and funding streams; and complies with standard nonprofit accounting principles.
  • Manage monthly financial close process and create monthly reports to distribute to the senior team.
  • Analyze organizational profit and loss statements; identify, explain, and correct variances as appropriate.
  • Work closely with the Development Team to develop grant budgets and provide timely and accurate financial reports to funders and grantees as required.
  • Lead efforts to increase financial literacy across the organization to promote effective budget management and develop internal leadership.
  • Lead annual audit process: prepare materials for the audit and work directly with the auditor during the field work and throughout the process and manage RFP, bid, and selection process in collaboration with Board Finance Committee; ensure that the organization’s 990 is filed on time annually.

Director of Finance

  • Support the annual budgeting and planning process in conjunction with the CEO and COO; assist with the creation and review of all financial plans and budgets.
  • Increase staff’s level of financial understanding through coaching, training, and collaborative efforts.
  • Ensure continual review of internal and strategic controls, communications, risk assessments and maintenance of documentation.
  • In collaboration with other members of the finance team, perform month end financial close bookkeeping such as reviewing credit card expenses, posting journal entries for prepaids, investments and payroll, reconciling revenue and reconciling bank accounts.
  • Process payroll on a biweekly basis.

Organizational Leadership

As a member of the Senior Team, leadership responsibilities will also include:

  • Supervise the finance team members
  • Develop, lead, and implement key organizational priorities.
  • Ensure effective collaboration between the organization’s teams.
  • Promote and maintain a healthy organizational culture that values diverse perspectives.
  • Maintain staff and guest safety.
  • Facilitate internal communications both within the operations team and to senior leadership.
  • Provide input on key strategic decisions.

QUALIFICATIONS

  • Strong interest in and commitment to CHGW’s mission and vision in the greater DC area
  • Demonstrated experience (with progressively increasing responsibility) in managing financial systems
  • Excellent attention to detail and problem-solving, critical thinking, and research skills
  • Ability to work independently and as a member of the operations team
  • Ability to maintain a high-level of confidentiality on all financial matters
  • Strong communication skills
  • Ability to effectively juggle multiple projects at once and meet deadlines
  • Proficiency and knowledge with Lawson, a plus
  • Proficiency with standard Microsoft Office software
  • Proficiency with QuickBooks online and experience with cloud accounting tools such as Bill.com and Divvy
  • An understanding of the structural and systemic causes of homelessness
  • Comfort working with a diverse population with myriad backgrounds and lived experiences

EDUCATION & EXPERIENCE

  • Bachelor's degree in accounting, finance, or related field required; Master’s degree preferred
  • At least seven (7) years' experience working with financial systems and restricted grant programs
  • Extensive financial and administrative experience working with non-profits

BENEFITS
CHGW is proud to offer comprehensive benefits that support the continued health and wellbeing of our team, including: partial employer-paid medical, dental, and vision insurance; generous medical coverage for dependents; partial employer-paid short-term disability, long term disability, and life insurance; employer retirement contributions; generous annual paid leave, and annual professional development funds for all full and part-time team members.

CHGW is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.

CHGW requires all staff to be fully vaccinated against COVID-19 and up to date.




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