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Director of Finance and Operations

Binaytara Foundation

Job Description

 

Full job description

Position Overview

The Director of Finance and Operations (DFO) will be a key member of the executive team, responsible for overseeing the financial, operational, and administrative functions of the organization. This role ensures that the nonprofit maintains its financial health, operates efficiently, and meets regulatory and compliance requirements. The DFO will collaborate with the executive team to develop and implement strategies that advance the organization’s mission.

Key Responsibilities

Financial Management

  • Develop and manage annual budgets, ensuring alignment with the organization’s strategic goals.
  • Oversee accounting functions, including accounts payable, accounts receivable, and payroll.
  • Prepare and present accurate and timely financial statements, reports, and analyses to the executive team and board of directors.
  • Coordinate annual audits and tax filings, ensuring compliance with nonprofit financial regulations and standards.
  • Coordinate charity registrations and complete state/city required reporting or filings.

Grant Management

  • Work with program staff to develop detailed budgets for grant proposals, ensuring all costs are accurately projected and align with grantor requirements.
  • Ensure the organization adheres to all financial regulations and requirements set by grantors, including spending restrictions and reporting deadlines.
  • Assist in the preparation for grant audits, providing necessary documentation and ensuring compliance with audit requirements.
  • Work closely with program directors, development staff, and other departments to ensure financial aspects of grant management are coordinated and aligned with programmatic goals.
  • Implement and oversee internal controls to safeguard grant funds and ensure they are used appropriately and effectively.
  • Develop financial plans to sustain programs and initiatives beyond the grant period, ensuring long-term viability.

Operational Oversight

  • Oversee daily operations, ensuring effective and efficient processes and systems.
  • Develop and implement operational policies and procedures to improve efficiency and compliance.
  • Oversee facilities management, including equipment & supplies management.
  • Ensure compliance with all applicable laws and regulations, including labor laws and safety standards.

Human Resources

  • Oversee human resources functions, including recruitment, hiring, onboarding, performance management, and professional development.
  • Develop and implement HR policies and procedures that promote a positive and inclusive workplace culture.
  • Manage employee benefits and compensation programs.
  • Ensure payroll taxes and reports are filed accurately and in a timely manner.

Strategic Planning and Leadership

  • Collaborate with the executive team to develop and implement the organization’s strategic plan.
  • Provide leadership and guidance to staff, promoting a culture of accountability, transparency, and continuous improvement.
  • Provide regular updates to the board of directors on financial and operational performance.

Qualifications

  • Bachelor’s degree in finance, accounting, business administration, or a related field (Master’s degree preferred).
  • CPA or equivalent professional accounting designation preferred.
  • Minimum of 7-10 years of experience in financial management and operations, with a minimum of three years in the nonprofit sector.
  • Demonstrated experience in budget development and management, financial reporting, and compliance.
  • Strong understanding of nonprofit financial regulations and standards.
  • Excellent leadership, communication, and interpersonal skills.
  • Proficiency in accounting software and financial management systems.
  • Experience in managing government grants is a preferred.

Skills and Abilities

  • Strategic thinker with strong analytical and problem-solving skills.
  • Ability to manage multiple priorities and meet deadlines.
  • High level of integrity, ethics, and accountability.
  • Strong organizational skills and attention to detail.
  • Ability to lead and motivate a team.

Job Type: Full-time

Pay: $135,000.00 - $150,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Physical Setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday
  • Weekends as needed

Experience:

  • Accounting: 7 years (Required)

Ability to Commute:

  • Bellevue, WA 98007 (Required)

Ability to Relocate:

  • Bellevue, WA 98007: Relocate before starting work (Required)

Work Location: In person

 

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