Director of Finance

Company: Durham Exchange Club Industries
Location: Durham
Posted on: October 26, 2024

Job Description:

Description:

• Oversees the daily operations of the Business Office, which involves activities relating to Accounting, Accounts Payable, Accounts Receivable, General Ledger, Payroll, Billing, Purchasing, Information Technology, and Front Desk.
• Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk.
• Oversee preparation of monthly and quarterly financial statements.
• Assist with budget preparation and presentation.
• Monitor and maintain daily cash balances in operating and investment accounts. Ensure cash flow is appropriate for the organization's operations.
• Oversee fiscal year-end close and annual audits.
• Oversee Program Services billing to ensure it has been submitted timely and denials have been investigated.
• Advise on the handling of financial accounts and investments.
• Recommend & monitor benchmarks that will be used to measure the company's performance.
• Assist with the selection of equipment, software, and services necessary to support business operations.
• Analyze and advise on the purchase, recording, depreciation, and sale of assets.
• Maintain appropriate internal control necessary to safeguard the company's assets.
• Evaluate and recommend insurance coverage for protection against property losses and potential liabilities.
• Oversee management of the company's information and telecommunication systems.
• Responsible for contract negotiation and renewals.
• Understand, interpret, follow and ensure adherence to DECI, ISO 9001, CARF policies/procedures as well as generally accepted accounting procedures.
• Coordinate, supervise, and train subordinates to utilize their skills to maximize results.
• Make hiring, promotion, and termination recommendations.
• Handle personnel issues among staff in accordance with legal standards and DECI procedures.
• Responsible for completing department evaluations and approving time for staff.
• Exhibit loyalty toward the overall goals and mission of DECI. Present a consistently positive disposition in supporting, sharing, and carrying out Leadership decisions.
• Effectively communicate. Exercise a great degree of discretion, along with flexibility and an attitude of cooperation. Provide conflict resolution and uphold DECI's commitment to diversity, equity, and inclusion
• Develop others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and Informal methods.
• Attend all Board of Directors quarterly meetings and other in-person or virtual meetings with volunteer leaders, as requested.
• Accurately assess own strengths and weaknesses and initiate appropriate plans for personal and professional development. Continuously strive to improve knowledge and skills.
• Maintain customer focus and client focus equally for best possible outcomes for both stakeholders.
• Serve as backup for all business office staff.
• Available to stand in for CFO in their absence.
• Advise executives and managerial staff on accounts, investments, insurance, and other financial matters.
• Prepare and submit any regulatory reports needed. Ensure compliance with local, state, and federal government requirements.
• Other duties as assigned. Maintains Contact With:
  • All programs, departments, as well as staff and clients at all levels of the operation
  • DECI Board of DirectorsRequirements:
    • Bachelor's degree in Accounting required with five years minimum experience in accounting, corporate management, nonprofit or any other related industry. CPA or MBA is a strong advantage.
    • Individual has proven successful achievement and advancement in lower-level jobs in similar or related fields.
    • Knowledge of Generally Accepted Accounting Principles
    • Decisive individual who possesses a strategic focus. Ability to provide vision and leadership. An energetic, forward-thinking, and creative individual with strong values, high ethical standards, and an appropriate professional image. Trustworthy and willing to share information as appropriate throughout the organization and serve as a mentor. Exhibits loyalty.
    • Superior oral and written communication skills and ability and skill to relate to all types of people and levels in the organization. Ability to respond effectively to the most sensitive inquiries or complaints.
    • Strategic thinker with an eye toward constant improvement. Growth mindset.
    • Team and relationship-building skills.
    • Excellent analytical, organizational, leadership, and managerial skills. Initiative and responsibility to deadlines and job demands will be important. Flexibility to adapt to varied requests and interrupted schedules. Has demonstrated good judgment, as well as decision-making, and problem-solving abilities.
    • Excellent organizational and time management skills.
    • Requires an individual who is self-directed and highly motivated.
    • Ability to read, analyze, and interpret financial reports, and legal documents. Ability to follow and monitor budgets, expenses, and income.SKILLS & ABILITIES
      • Computer Skills: Exceptional computer skills. Proficient in the use of MS Office and other financial management software.Other Requirements: U.S. Citizen or U.S. work qualificationCompensation details: 110000-130000 Yearly SalaryPI87268de1f0af-31181-35436954

Keywords: Durham Exchange Club Industries, Burlington , Director of Finance, Executive , Durham, North Carolina