Director of Finance

$73,000 - $106,000/Yr

Eoac - Waco, TX

Full-time - Senior

Waco, TX

About the position

The Director of Finance at EOAC is responsible for managing the organization's financial operations, ensuring compliance with accounting principles and regulations, and supporting financial decision-making processes. This role involves overseeing accounting, payroll, budgeting, and billing-reimbursement, while maintaining accurate financial records and preparing for audits. The Director will collaborate with program directors and stakeholders to utilize financial data effectively and ensure the organization's financial health.

Responsibilities

• Direct all financial affairs of the corporation using generally accepted accounting principles.
• Plan, develop, organize, implement, evaluate, and direct the financial operations under the direction of the Executive Director.
• Ensure cash flow is appropriate for the organization's operations.
• Reconcile all accounts to the balance sheet on a monthly basis to ensure financial accuracy and completeness.
• Oversee payroll accounting methods, including special functions required by employee benefit or retirement plans and insurance accounting.
• Ensure the timely completion of the audit and prepare audit workpapers.
• Ensure compliance with state and federal grant laws and regulations and other relevant regulations.
• Review entries in all ledgers monthly to ensure accuracy.
• Assist and support program directors in utilizing financial data for planning purposes and building effective budgets.
• Provide monthly financial information to stakeholders, including revenue and expense summary reports.
• Recruit, hire, and train competent accounting/finance personnel, and design department workflows.
• Establish a Financial Policy Manual to be updated every three years and amended as needed.
• Maintain a working relationship with all program directors and collaborate effectively with team members and stakeholders.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or equivalent skills and experience.
• Minimum of 5-7 years of experience in accounting or financial management roles, preferably within a nonprofit organization.
• CPA certification or equivalent certification.
• Strong knowledge of generally accepted accounting principles and audit principles and practices.
• Excellent budget preparation and financial reporting skills.
• Ability to make independent decisions and take initiative when necessary.
• Strong interpersonal and communication skills.

Nice-to-haves

• Master's degree preferred.
• Working knowledge of OMB Circulars A-87, A-110, A-122 and A-133 is preferred.

Benefits

• 403(b)
• Health insurance
• Paid time off