The Head of Finance is responsible for overseeing the financial health and integrity of the organization. This role provides strategic financial leadership while managing day-to-day financial operations, ensuring compliance with nonprofit accounting standards, and supporting leadership in decision-making. This position reports to the Executive Director and directly supervises one finance team member.
Key Responsibilities:
Financial Leadership & Strategy
Serve as a strategic partner to the Executive Director and leadership team on financial planning and organizational sustainability
Develop and monitor long-term financial strategies aligned with the association’s mission and goals
Provide financial analysis, forecasts, and recommendations to inform key decisions
Present financial reports and insights to the Board of Directors and Finance/Audit Committee
Financial Management & Operations
Oversee all accounting functions including general ledger, accounts payable/receivable, payroll, and monthly close
Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements
Maintain internal controls and financial procedures to safeguard organizational assets
Supervise and mentor one direct report responsible for transactional accounting functions and payroll
Budgeting & Forecasting
Lead the annual budgeting process in collaboration with departmental leaders
Monitor budget performance and provide variance analysis and recommendations
Develop rolling forecasts and scenario planning to support changing organizational needs
Compliance & Reporting
Ensure compliance with GAAP (or applicable standards), nonprofit regulations, and funder requirements
Manage annual audit process and serve as primary liaison with external auditors
Oversee preparation of all tax forms and other regulatory reports
Ensure compliance with grant reporting requirements and restricted fund tracking
Cash Flow & Investment Management
Monitor cash flow, liquidity, and reserve levels
Oversee banking relationships and investment accounts
Recommend strategies to optimize financial resources and sustainability
Accounts Receivable
Partner with revenue-generating teams to ensure billing accuracy and support collections to include invoicing, collections, and cash application
Ensure timely, accurate billing for dues, events, and other revenue
Monitor aging and follow up on outstanding balances
Systems & Process Improvement
Evaluate and improve financial systems, tools, and reporting processes
Implement efficiencies to support a lean finance function
Collaborate with Membership and other revenue generating teams to improve revenue tracking and reporting
Skills & Competencies
Strong knowledge of nonprofit accounting principles and fund accounting
High level of analytical and strategic thinking skills
Ability to translate financial data into actionable insights
Excellent communication and presentation skills (including Board interaction)
Detail-oriented with strong organizational and time management abilities
Hands-on approach; comfortable operating in a lean team environment
Ability to balance?strategic leadership with hands-on execution
Strong partnership mindset with non-financial colleagues
Comfort in a?resource-constrained, mission-driven environment
Proactive identification of financial risks and opportunities
