Davie Community Foundation – Finance Officer

The Davie Community Foundation seeks to build a professional team that works collaboratively for the benefit of the Foundation and the Davie County community. All staff are expected to support one another as needed, regardless of their specific area of responsibility, creating an environment where everyone achieves success!

Job Title: Finance Officer
Reports to: President/CEO
Classification: Full-time, Exempt (Full-time is considered 37.5 hours per week)

Works with President/CEO, Board, Committees, Donors, Prospects, Agencies, Organizations, and other foundation staff to advance the mission of DCF programs and or services.

Major Duties and Responsibilities:

Maintain the tax-exempt status of the Foundation.
Conduct and maintain records of all financial transactions of the Foundation in compliance with state and federal laws and in accordance with GAAP and ASC.
Create and maintain a system of checks and balances and reconciliation to ensure the accuracy of all financial records.
Produce year-end audited consolidated financial statements and individual fund statements.
Maintain a cash management system, including but not limited to recovery of grant “float”.
Maintain computerized accounting system and all fiscal records, including bank reconciliations, payroll records, and supporting documentation for all data entry.
Prepare and file the 990-tax report.
Provide reports to other staff as needed, including but not limited to financial statements, interim financial reports to the President, Board, committees, donors and other constituents as determined.
Reconciliation of checking statements and investments.
Calculate yearly payouts for all funds. Inform fund donors and agencies of spendable amounts at scheduled time.
Oversee the preparation of accurate and timely payments for all disbursements including payroll.
Identify financial issues and recommends solutions for review by Committees in consultation with President and Committee Chairs for action considerations by Board of Directors.
Oversee all accounting of CRTs.
Create and present the yearly operating budget for Board approval.
Ensure all gifts and letters are properly and timely acknowledged.
Responsible for the adequate internal controls over assets of DCF.

Audit, Finance and Investment Committees

Lead staff for Investment/Finance and Audit committees
Prepare monthly financial reports and quarterly investment reports.
Work with the President/CEO to prepare, track, and analyze variances of the Operating Budget.
Keep accurate minutes for related committees.
Prepare Annual financial statements and notes for audit and annual report.
Ensure that all committees have the required information for them to act on behalf of the Foundation Board.
May serve as liaison for auditors, investment advisor and banking relationships.
Track and report investment performance.
Other issues that may from time to time be prudent.

Grants Management and Donor Relations

Oversee accurate and timely payments for all disbursements.
Report on grant fund availability, grants on hold, and amounts carried forward.
A point of contact for donors, organizational endowments, and others concerning donor statements, investment policy, investment performance and other related issues.

Special Projects

Undertake special projects and perform other duties as assigned.

Successful candidates will possess a bachelor’s degree in accounting or equivalent combination of education and experience in Business Administration, Accounting, or other related fields, preferred CMA or CPA but not required. Demonstrate successful experience in fund accounting; 5 years’ experience as Financial Officer with successful nonprofit organization preferred. Experience and knowledge of financial systems along with the ability to develop solutions linked with teams of Staff, Committees, and the Board. Demonstrate knowledge of generally accepted accounting principles for nonprofit organizations (AICPA) and understanding of tax and other state and federal laws pertinent to nonprofit organizations.

The successful candidate will also possess a strong knowledge of computer systems, including accounting database, Windows, and MS Office products. Strong interpersonal and communication skills; ability to work cooperatively with colleagues, supervisors, volunteers, grantees, donors and constituents. Ability to handle confidential information such as personnel, payroll, contributions, and other related correspondence. Ability to organize work to meet deadlines, work and think independently, and work with a team.

Salary Range: $80,000 – $85,000, based upon experience and qualifications.

Interested Candidates may submit their resume and letter of interest via email: jsimpson@daviefoundation.org

Deadline for application is Thursday, February 29, 2024.