Reports to: President and Chief Executive Officer
Position Status: Part-time (.50 FTE); Non-Exempt
Beginning Salary: $30 – 40 per hour, D.O.E.
The Benton Community Foundation (BCF) is seeking a part-time (20 hour per week) Finance Manager to oversee and implement the financial management, accounting operations, coordination of investment management, and regulatory compliance for BCF. This position is key to furthering BCF’s commitment to provide financial oversight and operational excellence.
An ideal candidate for this position must possess a heightened attention to detail, excellent written and verbal communication skills, and the ability to analyze data. Candidates should be trustworthy, thoughtful and have a commitment to improving the community through philanthropy. Salary for this half-time position is up to $42,000 per year, depending upon experience and qualifications.
- Monitor and report on financial activity, including written analysis of revenue and expense, noting highlights, issues, and opportunities.
- Monitor and report on investment activity, performance, fees, and allocation of BCF assets.
- Complete payroll, including employee pay and tax profiles.
- Oversee cash disbursements.
- Oversee reconciliation of bank, investment, and internal fund statements.
- Oversee the depositing and recording of all receipts.
- Oversee the activities of the Finance and Audit Committees.
- Produce cash flow projections quarterly and as requested.
- Coordinate and oversee annual audit.
- Coordinate and oversee the completion of BCF tax, payroll, and legal forms.
- Work with President/CEO to prepare annual budget.
- Work with President/CEO to analyze fee structures and forecast financial sustainability.
- Process documentation related to authorization, opening, and closing of all accounts.
- Assure compliance with applicable law, GAAP, and National Standards for community foundations.
- Evaluate, recommend, and procure adequate insurance.
- Recommend internal control, policy, and procedural changes to minimize risk to BCF.
- Bachelor’s Degree with a minimum of five (5) to seven (7) years or more of successful performance in financial and administrative management with increasing responsibility; CPA preferred.
- Demonstrated competency in accounting and internal controls with a thorough understanding of accounting theory generally accepted accounting principles (GAAP), budgeting, general ledger maintenance and analysis, financial report, and investment analysis.
- Possess or be willing to acquire a working knowledge of FASB regulations for nonprofits.
- Knowledge of nonprofit accounting procedures and standards including fund accounting preferred.
- Broad knowledge of investment management principles preferred.
KNOWLDEGE SKILLS AND ABILITIES:
- Results oriented and self-directed with excellent analytical, organizational and time management skills.
- Commitment to providing high quality customer service to internal and external constituents.
- Effective teamwork and interpersonal skills.
- Comfortable in a fast-paced, client-oriented environment.
- Effective oral and written communication skills.
- Working knowledge of current computer technology, including networks, cloud-based accounting programs, and Office.
This position requires an individual who holds a high regard for quality when completing detailed tasks efficiently and accurately that are used for reporting and decision making by a wide variety of internal and external stakeholders. Communications are regularly confidential in nature, requiring the use of discretion while disseminating information clearly and concisely with staff, volunteers, donors, and independent contractors.
- Values ethics and integrity to the highest degree.
- Ability to build and maintain effective working relationships.
- Exercises good judgment and decision-making capabilities.
CHARACTERISTICS OF A STRONG CANDIDATE
- A demonstrable commitment to and willingness to support equity, diversity, and inclusion initiatives.
- Experience collaborating effectively and learning in a team-based environment.
- Flexible and enthusiastic while adapting to BCF’s evolution as they strive to meet the changing needs of our community.
- Trustworthy, reliable, and has integrity.
The duties and responsibilities presented in this position description will be used as some of the measuring tools in the employee’s annual performance evaluation. The President/CEO will perform a performance evaluation upon the completion of the employee’s first six (6) full months of work. The next performance evaluation shall be scheduled upon completion of the employee’s first twelve (12) full months of work and annually thereafter.
HOURS AND COMPENSATION
This position is part time non-exempt. The employee will work no more than 1,040 hours per annum (.50 FTE); however, specific hours to be worked each week shall vary as determined by the timing of specific tasks. This position is on-site, with a potential hybrid option. Compensation commensurate with experience. Benefits include generous paid time off, retirement plan, and organizational value of work/life balance with flexibility. A successful candidate must be bondable; any job offer will be subject to a background check.
EQUAL OPPORTUNITY EMPLOYER
The Benton Community Foundation is an equal opportunity employer committed to creating a workplace culture of belonging, a workplace where equity, diversity, and inclusivity are expectations, everyone’s responsibility, and a practice of all employees. At Benton Community Foundation, we know sometimes the best candidates may come from nontraditional backgrounds and professions. We encourage diverse, capable, and knowledgeable applicants to apply.
To apply, please submit a cover letter and one-page resume to firstname.lastname@example.org. Application review will be ongoing, with candidate review beginning no later than 12:00 pm, September 18, 2023. Position will remain posted until filled.