Director of Finance

$145,000 - $175,000/Yr

Association For Energy Affordability

Full-time - Director

Professional, Scientific, and Technical Services

About the position

The Association for Energy Affordability (AEA) is a national nonprofit organization dedicated to promoting clean energy and energy efficiency in underserved communities. The Director of Finance plays a crucial role in supporting AEA's mission by providing comprehensive financial oversight and strategic leadership. This position reports directly to the Executive Director and is responsible for managing the financial/accounting team, ensuring compliance with legal and regulatory requirements, and maintaining the integrity of the organization's financial systems. The Director of Finance will be instrumental in guiding the organization through its financial planning and reporting processes, ensuring that all financial activities align with AEA's goals and objectives. In this role, the Director of Finance will prepare and present accurate financial reports to various stakeholders, including the Executive Director, Senior Leadership, and the Board of Directors. This includes highlighting key financial metrics and trends that inform decision-making. The Director will also lead the annual budgeting process, collaborating with department heads to ensure that budgets are aligned with organizational priorities. Additionally, the Director will monitor financial performance against budgets and forecasts, identifying variances and implementing corrective actions as necessary. The Director of Finance will manage a team of finance professionals, fostering a culture of collaboration and continuous improvement. This includes mentoring team members and encouraging professional growth. The Director will also serve as the primary liaison to external auditors and regulatory agencies, ensuring compliance with all financial reporting requirements. Staying informed about nonprofit audit best practices and emerging trends will be essential for recommending strategies for organizational improvement. Furthermore, the Director will oversee the transition to a new accounting software system, ensuring a smooth implementation process.

Responsibilities

• Provide strategic leadership and direction for all financial functions, including accounting, budgeting, forecasting, and financial reporting.
• Prepare and present accurate and timely financial reports to the Executive Director, Senior Leadership, Board of Directors, and other stakeholders, highlighting key financial metrics and trends.
• Manage and mentor a team of finance professionals, fostering a culture of collaboration, innovation, and continuous improvement.
• Assist in the preparation of invoices and government contract vouchers, posting of journal entries, bank reconciliations, monthly closings, as well as budget preparations and modifications for contracts and grants.
• Prepare comprehensive monthly cash flow projections and confirm availability of funds to pay vendors from the appropriate fund codes as needed.
• Lead the annual budgeting process in collaboration with department heads, ensuring alignment with organizational goals and policies.
• Monitor, assess, and communicate financial performance against budgets and forecasts, identifying variances, developing, and implementing corrective actions as appropriate.
• Collaborate with program leaders and development staff to support grant management, contract management, and fundraising efforts.
• Proactively engage leadership team to develop short, medium, and long-term financial plans and projections.
• Serve as the primary liaison to external auditors, tax consultants, and regulatory agencies, ensuring compliance with all financial reporting requirements.
• Stay informed about nonprofit audit best practices, emerging trends, and regulatory changes and proactively recommend strategies for organizational improvement.
• Manage the transition to new accounting software system.

Requirements

• BA in Accounting, Finance or related field.
• CPA or MBA preferred.
• Minimum of 7-10 years of experience in financial management, preferably with a non-profit/government with at least a $20 million budget.
• Strong knowledge of GAAP and non-profit accounting principles, including fund accounting and grant management.
• Excellent communication and interpersonal skills.
• Proven track record of strategic financial leadership with the ability to develop and execute effective financial plans and policies.
• Excellent analytical skills, with the ability to interpret complex financial data and make informed decisions.
• Demonstrated leadership abilities, with a track record of building and motivating high-performing teams.
• Sound judgement and decision-making skills to prioritize tasks, allocate resources, and mitigate risks in a rapidly changing environment.
• Strong organization and project management skills to plan, execute, and monitor financial incentives and process improvement in a changing environment.
• Proficiency in financial software systems and Microsoft Office Suite, experience with Sage Intact preferred.

Nice-to-haves

• Experience with nonprofit audit best practices and emerging trends.
• Commitment to social justice, equity, and the agency's mission.

Benefits

• 401(k) matching
• Dental insurance
• Health insurance
• Loan forgiveness
• Paid parental leave
• Paid time off
• Parental leave