Director of Finance

The Director of Finance

The Society of St. Vincent de Paul Detroit exists to build a more equitable and compassionate world through meaningful personal relationships providing whatever is needed to help our neighbors get back on their feet and on a path towards selfsustainability. Our programs provide support ranging from utility housing and food assistance to education and mentorship. We also operate a network of thrift stores two camps and a nutritional center. We are passionate about driving systemic change and helping our neighbors in MetroDetroit break out of poverty.

The Director of Finance is the primary interface with the outsourced finance function as well as the primary administrative contact with the employeeoutsourcing vendor as well as providing ongoing leadership and support in the areas of risk management employee benefits and compliance.

The Director of Finance reports to the Chief Executive Officer provides leadership and support to the Board of Directors and its committees.

In addition to ensuring the fiscal health of the organization the Director of Finance provides leadership and direction in the areas of finance & accounting payroll accounts receivable accounts payable centralized purchasing investment management human resources and risk management.

To be successful in this role the individual must have experience in financial management of multiple business units with revenues in excess of $15 million in a nonprofit environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Finance:

Act as primary SVDPDetroit interface with the organization s outsourced finance and accounting vendor.

Ensure the relationship with the outsourced finance and accounting vendor is administered in accordance with its contract and within the performance guarantees of its key deliverables.

Preview the outsourced finance and accounting vendors reports and activity for consistency with the contract Statement of Work and quality standards.

Review cash flow reports and estimates and advise on necessary adjustments.

Monitor system of internal controls including separation of duties and review processes to prevent detect and correct incidents of fraud and material misstatements.

Partner with SVDPDetroit auditors and the outsourced finance and accounting vendor in completion of annual financial audit and 990 filing.

Coordinate with department heads and the outsourced finance and accounting vendor in developing budgets and in budget analysis.

Assist senior management in developing shortmediumlong range financial goals and projections.

Assist the Treasurer in cash flow analysis financing strategies and all treasury management activities. Provide leadership to audit and finance committees.

Lead quarterly meetings with the Investment Committee to review investment performance and fund managers. Assess and update investment policy statements. Advise on asset allocation and risk tolerance.

Develop and utilize forwardlooking predictive models and activitybased financial analysis to provide insight into the organization s operations and business plans.

Develop financial business plans and forecasts for all special projects or capital acquisitions.

Participate in developing new business specifically: assist senior management in identifying new funding opportunities the drafting of prospective programmatic budgets and determining costeffectiveness of prospective service delivery.

Responsible for coordination and management of all capital projects for SVdPD relative to financial analysis of projects timing and funding requirements with the Directors of various areas.

Responsible in conjunction with senior management with ensuring adherence to the capital budget and associated processes (bidding contract management payment) for all capital projects.

Ensure the compliance of contract management procedures for the entire organization including adherence to existing company policies regarding multiple bid requirements for goods and services.

Assess the costs and benefits of all prospective contracts and programmatic activities.

Participate in the development of the SVDPDetroit next phase strategic plan.

Human Resources/Payroll/Benefits:

Responsible for coordination along with the CEO of the outside Professional Employer Organization (PEO) with overall employee matters including; determining selection of benefits package change to and updating the employee handbook and any regulatory and legal considerations that may arise.

Ensure the relationship with the PEO is administered in accordance with its contract and within the performance guarantees of its key deliverables.

Responsible for coordinating with Directors that the biweekly payroll hours are correct and ensuring the submission and running of the payroll occurs accurately and timely and that the payroll is funded prior to submission.

Coordinate with the PEO on employee welfare plans offerings cost analysis and competitiveness.

Coordinate with the PEO on the welfare plans open enrollment process and vendor selection.

Oversee and coordinate with the SVDPDetroit pension plan actuary and advisors on annual compliance participant communications benefit delivery and government filings.

Oversee and coordinate with the SVDPDetroit 401(k) Plan administrator record keeper advisors and Trust on employee eligibility communication suitability of investment options ongoing compliance and government filings.

Risk:

In conjunction with the SVDPDetroit CEO identify evaluate and monitor potential negative events to the organization in areas of risk such as reputational safety financial weather events potential fires cyber risks and other risks.

Develop programs and plans to minimize risk and prioritize processes to address potential adverse events.

Oversee corporate insurance coverage and work with SVdP staff and Vincentians to mitigate risk.

Information Technology:

Responsible for IT support services related to overall SVdPD needs and coordination with outsourced service provider to manage daily and monthly support needs of the Central Office staff.

Responsible for coordinating with the Directors of Stores/Warehouse and Camps for support and integration of these areas into the overall SVdPD systems environment.

Establishing appropriate controls on acquisition of hardware and software for all the SVdPD organization to ensure compliance with operating and capital budget processes and guidelines.

Requirements

EDUCATION and/or EXPERIENCE

Bachelor s Degree in accounting business administration or finance; MBA or CPA desired

5 years minimum nonprofit experience as a finance manager controller Director of Finance or CFO

Strong understanding of and extensive professional experience with:

Accounting/GAAP principles particularly for nonprofit organizations

Tax requirements for nonprofit organizations

Budgeting and forecasting

Financial statement preparation and reporting

Cash flow management

Account reconciliations and accounts payable

Banking services

Internal Controls

Investment oversight

Risk Management

Experience in pension and benefit plans administration

Managementlevel responsibility for human resources IT facilities management and general administrative functions

Significant experience working with various financial packages and Microsoft Excel

Computer experience with Microsoft Office Suite a must. Raiser s Edge software and retail POS systems experience a plus

Benefits

Benefits Offered

401(k)

401(k) matching

Dental insurance

Health insurance

Life insurance

Paid time off

Vision insurance

STD

Qualifications Prior experience with project management,relationship management, budgeting, and the creative development and production of large and small-scale fundraising events and campaigns. Extensive fundraising experience. A keen passion for contemporary arts and culture. Demonstrated ability to meet or exceed fundraising goals. Demonstrated ability to collaborate and work productively with diverse constituencies. Demonstrated ability to maintain high confidentiality and adhere to ethical practices. Proactive, successfully organizing work, meeting strict deadlines, and setting priorities. Self- motivation and discipline to set regularly and exceed work goals. Ability to thrive in a fast-paced, multi-project environment. Outstanding interpersonal, oral, and written communication skills, including solid copy editing and proofreading skills with scrupulous attention to detail. Must have strong administrative skills and knowledge of Apple OSX, Microsoft Office Suite, G-Suite, and DonorPerfect. Desirable Skills and Experience BFA or BA in a relevant field. Reliable transportation for running errands and attending off-site meetings, programs, and events on behalf of the Museum (mileage reimbursed).