Director of Finance
Apply NowCompany: Catholic Charities
Location: Hartford, CT 06106
Description:
SUMMARY
The Director of Finance and Accounting is accountable for ensuring consistent, high-quality financial services, i.e. accounting, financial analysis, treasury, insurance and investment management for Catholic Charities. The Director of Finance and Accounting develops staff members to their professional potential, fosters teamwork among the Finance staff and their customers. The Director of Finance and Accounting will delegate responsibility, as appropriate, and foster a performance based culture. In the absence of the CFO, the Director of Finance and Accounting will provide support to the agency in all matters related to IS, HR and Maintenance, as well as Finance and Accounting. In addition, will be a global strategic leader that will push efficiencies, team building, succession planning and retention.
ROLE RESPONSIBILITIES
Lead accounting practices. Develop and ensure compliance with accounting policies and procedures. Ensure maintenance of appropriate internal financial controls.
Leads development of financial statements, balance sheets, profit/loss statements, and variance reporting/analysis. Serves as a resource to the CFO for report validation, troubleshooting and Q&A. Oversight of the audit process.
Collaborates with external auditors and business partners to complete audits timely and in line with GAAP. Confers with CFO on proper representation for internal reporting purposes, along with committee materials as needed.
Provides insights to funding streams, debt repayment, billing remittance timing and other key cash drivers.
Supports proforma development with insights to costs and accurate data produced from the accounting system, and works in collaboration with CFO to support accurate allocations.
Leads development financial reporting, variance analysis, trending and action plans in collaboration with CFO.
Recommends technology upgrades and vendor engagements to integrate financial systems and improve organizational accountability and controls.
Focus on performance improvement activities, oversight and control of the Accounting, Accounts Payable, Treasury and Investment functions.
Directs preparation of external reports for auditors and oversees preparation of internal financial reports and analysis as appropriate.
Monitor and manage cash flow and bank balances, making decisions or recommendations regarding fund transfers and ensuring effective utilization of cash balances. Ensure oversight of wires and other transfers.
In collaboration with CFO and team, help develop the operating budget for Catholic Charities.
Oversee performance of investment management firm and overall reporting of investment results. Collaborate with investment management firm and CFO in maintaining portfolio consistent with policy.
Oversee investment accounting, reporting and utilization of special purpose funds.
Lead efforts to innovate reporting and ensure accurate, timely and actionable information is delivered from our accounting systems to operational leaders, and reporting packages are insightful into organizational performance drivers.
Work closely with business, finance and operational partners to deliver the right information to the appropriate audiences.
Recruit, select, orient and train new team members. Manage and develop team to ensure high engagement and capabilities.
Guide the facility maintenance operations if the CFO is not available.
Support Information System decisions in the absence of the CFO.
Work with the HR team to develop a retention plan for the Finance Department.
Work with CFO on Finance Department succession plan.
Facilitate an environment that seeks to cross train and build in work flow redundancy.
Attend bi-monthly Senior Leadership meetings.
SUPERVISORY RESPONSIBILITIES
Oversees accounting, accounts payable, treasury and investment functions as CFO requires.
Ensure that all team members develop written annual performance plans and provide ongoing feedback and coaching to each team member regarding progress and staff engagement.
Establish and communicate a vision for the department, which supports Catholic Charities mission and goals.
Hold team members accountable for outcomes and continuous quality improvement and performance culture.
Seek out and provide opportunities for timely and appropriate individual staff development.
Recruit, select, and orient new team members.
Foster teamwork by providing an infrastructure for team participation and coaching on group decision making and other team dynamics.
Lead coaching, mentoring and development of finance team, as well as building overall organizational financial acumen.
Requirements:
Bachelor's degree in Finance or Accounting required, Master's degree in Finance or Accounting preferred. CPA preferred.
Minimum 10 years progressive experience in financial management.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
Demonstrated leadership in accounting, treasury, investments, payroll, and AP required.
EMPLOYEE BENEFITS
Catholic Charities offers access to a comprehensive array of benefits, including:
For Good Health: Medical, Prescription, Dental and Vision insurance
For a Secure Future: Life, AD&D and Long-term disability insurance
For Retirement: 403(b) Plan, with employer matching contributions for eligible employees
For Career Advancement: Training and development opportunities
For Work Life Balance: Generous paid time off; including 14 paid holidays, vacation and sick time.
Employee Assistance Program (EAP) - Free and confidential counseling for employee and immediate family
Catholic Charities Inc., Archdiocese of Hartford is in compliance with all applicable discrimination laws. All hiring, promoting, and transferring is done on a non-discriminatory basis without regard to membership in any protected class. EEO/ AA/ M-F/ VET/ DISABLED.
The Director of Finance and Accounting is accountable for ensuring consistent, high-quality financial services, i.e. accounting, financial analysis, treasury, insurance and investment management for Catholic Charities. The Director of Finance and Accounting develops staff members to their professional potential, fosters teamwork among the Finance staff and their customers. The Director of Finance and Accounting will delegate responsibility, as appropriate, and foster a performance based culture. In the absence of the CFO, the Director of Finance and Accounting will provide support to the agency in all matters related to IS, HR and Maintenance, as well as Finance and Accounting. In addition, will be a global strategic leader that will push efficiencies, team building, succession planning and retention.
ROLE RESPONSIBILITIES
Lead accounting practices. Develop and ensure compliance with accounting policies and procedures. Ensure maintenance of appropriate internal financial controls.
Leads development of financial statements, balance sheets, profit/loss statements, and variance reporting/analysis. Serves as a resource to the CFO for report validation, troubleshooting and Q&A. Oversight of the audit process.
Collaborates with external auditors and business partners to complete audits timely and in line with GAAP. Confers with CFO on proper representation for internal reporting purposes, along with committee materials as needed.
Provides insights to funding streams, debt repayment, billing remittance timing and other key cash drivers.
Supports proforma development with insights to costs and accurate data produced from the accounting system, and works in collaboration with CFO to support accurate allocations.
Leads development financial reporting, variance analysis, trending and action plans in collaboration with CFO.
Recommends technology upgrades and vendor engagements to integrate financial systems and improve organizational accountability and controls.
Focus on performance improvement activities, oversight and control of the Accounting, Accounts Payable, Treasury and Investment functions.
Directs preparation of external reports for auditors and oversees preparation of internal financial reports and analysis as appropriate.
Monitor and manage cash flow and bank balances, making decisions or recommendations regarding fund transfers and ensuring effective utilization of cash balances. Ensure oversight of wires and other transfers.
In collaboration with CFO and team, help develop the operating budget for Catholic Charities.
Oversee performance of investment management firm and overall reporting of investment results. Collaborate with investment management firm and CFO in maintaining portfolio consistent with policy.
Oversee investment accounting, reporting and utilization of special purpose funds.
Lead efforts to innovate reporting and ensure accurate, timely and actionable information is delivered from our accounting systems to operational leaders, and reporting packages are insightful into organizational performance drivers.
Work closely with business, finance and operational partners to deliver the right information to the appropriate audiences.
Recruit, select, orient and train new team members. Manage and develop team to ensure high engagement and capabilities.
Guide the facility maintenance operations if the CFO is not available.
Support Information System decisions in the absence of the CFO.
Work with the HR team to develop a retention plan for the Finance Department.
Work with CFO on Finance Department succession plan.
Facilitate an environment that seeks to cross train and build in work flow redundancy.
Attend bi-monthly Senior Leadership meetings.
SUPERVISORY RESPONSIBILITIES
Oversees accounting, accounts payable, treasury and investment functions as CFO requires.
Ensure that all team members develop written annual performance plans and provide ongoing feedback and coaching to each team member regarding progress and staff engagement.
Establish and communicate a vision for the department, which supports Catholic Charities mission and goals.
Hold team members accountable for outcomes and continuous quality improvement and performance culture.
Seek out and provide opportunities for timely and appropriate individual staff development.
Recruit, select, and orient new team members.
Foster teamwork by providing an infrastructure for team participation and coaching on group decision making and other team dynamics.
Lead coaching, mentoring and development of finance team, as well as building overall organizational financial acumen.
Requirements:
Bachelor's degree in Finance or Accounting required, Master's degree in Finance or Accounting preferred. CPA preferred.
Minimum 10 years progressive experience in financial management.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
Demonstrated leadership in accounting, treasury, investments, payroll, and AP required.
EMPLOYEE BENEFITS
Catholic Charities offers access to a comprehensive array of benefits, including:
For Good Health: Medical, Prescription, Dental and Vision insurance
For a Secure Future: Life, AD&D and Long-term disability insurance
For Retirement: 403(b) Plan, with employer matching contributions for eligible employees
For Career Advancement: Training and development opportunities
For Work Life Balance: Generous paid time off; including 14 paid holidays, vacation and sick time.
Employee Assistance Program (EAP) - Free and confidential counseling for employee and immediate family
Catholic Charities Inc., Archdiocese of Hartford is in compliance with all applicable discrimination laws. All hiring, promoting, and transferring is done on a non-discriminatory basis without regard to membership in any protected class. EEO/ AA/ M-F/ VET/ DISABLED.