Job Posting: Director of Finance


DIRECTOR OF FINANCE

The International Institute of Buffalo (IIB) is a highly regarded nonprofit organization that provides direct social services to refugees, immigrants and survivors of domestic violence and human trafficking. IIB also operates a fee-for-service Interpreting & Translation program that is focused on increasing language access. IIB’s mission is to make Western New York a better place for, and because of, refugees and immigrants.

We are seeking an experienced non-profit finance professional to join our team as the Director of Finance and serve as a hands-on manager in the areas of finance, grant financial management, business planning & budgeting.

 

POSITION SUMMARY

 

The Director of Finance will report directly to the Executive Director and will oversee a staff of 4 professionals that handle accounts payable, payroll, bookkeeping and government grant reporting. The Director of Finance will partner with the senior leadership to develop and implement long-term strategies for finance, including financial systems oversight, budgeting, financial controls and grant reporting/compliance.

The Director of Finance will have day-to-day responsibility for financial planning and oversight, government grants administration, organizational finances, financial reporting/analysis. This position requires proven leadership and experience in accounting with a focus in federal and/or state grants, cash flow management, forecasting, modeling sensitivity scenarios, variance analysis, and working knowledge of reporting software, as well as excellent communication skills and the ability to work effectively with a variety of internal and external stakeholders.

This is an important role to take on at an exciting time for a century-old organization that is going through a significant growth period. The Institute’s approved operating budget for FY2022 is $5.5 million with expansion underway in both our New American Integration and Survivor Support departments.

 

ESSENTIAL DUTIES

 

Strategic Leadership

  • Finance Leadership: Serve as the senior finance position and oversee all fiscal and fiduciary responsibilities as they relate to finance and financial operations, including serving as the financial point of contact for all federal, state and county funders, and oversight over sub-contract grants with peer non-profits
  • Planning: Collaborate with the Executive Director, Director of Operations, Board of Directors, and senior staff to develop short- and long-term finance and organizational strategies.
  • Reporting: Ensure monthly and quarterly financial activities outlined in the prescribed operating schedule are performed accurately and timely
  • Budgeting: Lead, design, and manage the annual budget development process. Ensure monthly and quarterly financial activities outlined in the operating schedule are performed accurately and timely. Collaborate closely with the relevant department directors around grant and donor projections and financial record keeping
  • Financial Analysis: Provide financial insight and support to colleagues for grants management, fundraising and donor reporting
  • Risk Management: Develop and implement policies and procedures to provide internal controls and protect organizational assets

 

Financial Management and Reporting

  • Accounting: Oversee the collection, recording, processing, and reporting of all financial transactions, including accounts payable, accounts receivable, payroll and related taxes, general ledger, and fixed assets
  • Financial Statement Preparation: Develop financial statements for leadership and board review to convey financial accomplishments
  • Payroll: Oversee the preparation, submission and funding of bi-weekly payroll; preparation and submission of employee pension and 403B remittance
  • Cash Management: Oversee preparation of cash projections and manage cash flow and forecasting to adequately fund operational needs
  • Audit: Manage the annual financial audit process, including liaising with external auditors and the finance/audit committee of the board of directors
  • Compliance: Ensure compliance with all state and federal legal requirements governing non-profit organizations, including tax, legal, and regulatory requirements

 

EXPERIENCE & EDUCATION:

  • Minimum five years’ experience in finance and accounting
  • Minimum two years leading the finance function
  • Bachelor’s degree required; CPA and/or MBA/Master’s Degree strongly preferred/not required
  • Senior-level financial management experience, with proven team leadership abilities.
  • Strong verbal and written communication skills, and ability to prepare and clearly present financial information to both non-financial and financial audiences.
  • Knowledge of appropriate recording of restricted and unrestricted funds in nonprofit financial management
  • Demonstrated understanding of nonprofit organizational structure, non-profit accounting practices and operations, including current working knowledge of General Accepted Accounting Principles (GAAP), 501(c)(3) provisions and the upcoming FASB changes to financial reporting impacting nonprofits
  • Strong Skills with: Windows, Excel, QuickBooks, Nonprofit Desktop Edition v19.0 or similar

 

WHAT WE’RE ALSO LOOKING FOR:

  • Passionate about refugee, immigrant and survivor issues
  • Ability to anticipate and establish appropriate internal controls in all areas, emphasizing accounting, finance, operations, and software applications security
  • Acute business acumen, background in contract negotiation and management
  • Familiarity with audit, compliance and internal control issues and best practices in risk management and insurance
  • Ability to prioritizenegotiate, and work with a variety of internal and external stakeholders.
  • Strategic and tenacious in achieving objectives; demonstrated ability to handle multiple projects simultaneously with excellent follow through and attention to detail

Ability to function in a collaborative and collegial environment, sensitivity to others, high degree of integrity, and excellent judgment

 

COMPENSATION

 

The International Institute of Buffalo provides highly competitive base compensation as well as a comprehensive benefits package, including, medical and dental insurance, paid time off and a 403(b)-retirement plan.

 

WORKING CONDITIONS

  • May perform services with individuals with communicable diseases or conditions
  • Must be able to travel to sites using own personal vehicle.
  • May perform duties that include lifting up to 30lbs, carrying, bending, sitting, standing, or being outside in inclement weather for short periods of time.
  • We require employees be fully vaccinated.
  • Benefits include generous PTO, 11 paid holidays, 403(b), healthcare benefits and more.

 

 HOW TO APPLY

 We encourage expressions of interest as early as possible.  For immediate consideration, please e-mail your cover letter and resume, along with salary requirements by June 30, 2022 to:

Careers@iibuff.org

Human Resources

International Institute of Buffalo

864 Delaware Avenue

Buffalo, NY 14209

www.iibuffalo.org

 

IIB is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.