The Community Foundation of the Rappahannock River Region · 1 month ago
Chief Financial Officer / Director of Finance
Fredericksburg, VA
Full-time
Hybrid
Director/ExecutiveThe Community Foundation of the Rappahannock River Region is seeking a Chief Financial Officer / Director of Finance to maintain the financial integrity of the organization. This role involves overseeing all financial functions, ensuring accurate accounting and reporting, and serving as the primary contact for financial inquiries from various stakeholders.
Non-profit Organization Management
Responsibilities
Accurately record, reconcile, and report all financial transactions for Foundation funds on a monthly and quarterly basis
Oversee fund management, including revenue posting, expense tracking, grant payout calculations, and fund disbursements
Manage proper handling of all gifts, including cash, checks, online donations, securities, real estate, and other assets
Complete monthly/quarterly bank and investment reconciliations across all accounts
Execute transfers between cash and investment accounts; issue administrative and grant checks
Process 1099s and maintain the balance sheet with appropriate revenue and expense allocations
Research best practices in accounting, tax, financial reporting, and human resources
Maintain and update authorized signers on Foundation accounts as needed
Monitor investment performance across all portfolios
Collaborate with the Investment Committee and advisors to ensure compliance with governance guidelines
Manage the Foundation’s brokerage account, including stock gift sales, tracking, and short-term investments for non-pooled funds
Prepare monthly reports for the Treasurer and Finance Committee, and quarterly reports for the Board of Governors
Prepare monthly, quarterly, annual, and ad-hoc financial statements and reports for the Board, committees, fundholders, donors, partners, and special projects
Ensure timely and accurate submission of all governmental filings
Serve as primary liaison with independent auditors
Prepare required schedules, records, and documentation for annual audit and tax filings
Lead the selection process for audit and tax service providers when needed
Collaborate with the President & CEO and staff to prepare the annual operating budget for review by the Finance Committee and Board
Ongoing monitoring of operating and program budgets
Oversee outsourced payroll and benefits administration
Ensure correct implementation of benefit programs and support onboarding/off-boarding processes
Act as liaison with insurance brokers and agents
Review and renew property, liability, D&O, and workers’ compensation policies annually
Process grant making from all funds, ensuring accuracy and compliance
Review all gift and grant entries before posting
Oversee operations of the Finance & Audit Committee
Onboard committee members, schedule meetings, prepare agendas, record minutes, and maintain communication
Ensure timely dissemination of committee materials and financial information
Participate in staff and Board meetings
Provide data, reports, and proofreading support for publications and marketing materials
Conduct data collection and analysis as needed
Assist with acquisition and procurement processes
Perform additional duties as required in a small-staff environment
Qualification
Required
Bachelor's degree in finance, accounting, or related field
Minimum of 5 years of experience in financial management or accounting
Strong knowledge of accounting principles and practices
Experience with budgeting, financial reporting, and compliance
Proficiency in financial software and Microsoft Office Suite
Excellent analytical and problem-solving skills
Strong communication and interpersonal skills
Ability to work independently and as part of a team
Demonstrated ability to manage multiple tasks and meet deadlines
Valid driver's license, reliable transportation, and current auto insurance
Preferred
Master's degree in finance, accounting, or related field
Experience in the nonprofit sector
Familiarity with Foundant software system
Experience with investment oversight and management
Knowledge of tax regulations and compliance requirements
Benefits
13 federal holidays
Generous paid time off (PTO)
3% retirement matching
80% employer-paid health, dental, and vision insurance
Flexible work schedule
Company
The Community Foundation of the Rappahannock River Region
The Community Foundation is a devoted advocate for the vitality and well-being of the Rappahannock River Region.
Founded in 1997
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase