Interise is a a national not-for-profit based in Boston that builds diverse and inclusive local economies through small business-led economic development, supporting the growth of small businesses owned by entrepreneurs of color and small businesses located in low-wealth communities.
Position Summary:
Reporting to the CEO, the Director of Finance & Administration manages all financial, and technology systems, strategies and programs. Manages related staff in the operational and day to day practices needed to support organizational growth and sustainability.
Position Responsibilities:
- Act as the lead financial officer on the senior executive leadership team
- Assess and evaluate the financial performance of the organization with regard to long-term operational goals, budgets and forecasts
- Provide insight and recommendations to both short-term and long-term growth plans
- Create and establish monthly, quarterly and annual financial objectives that align with the organization’s plan for growth and expansion
- Communicate, engage and interact with the Board of Directors and its Finance Committee
- Identify, acquire and implement systems and software to provide critical financial and operational information
- Evaluate departments/programs and make suggestions for automating processes and increasing working efficiency
- Maintain outstanding relationships and strategic alliances with all vendors including; banks, financial partners, institutions, investors, public auditors and officials
- Develop and maintain monthly and annual organization operating budget
- Oversee all month-end close processes including general ledger accounts, balance sheet accounts and overhead cost allocation
- Prepare and present monthly financial reports including monthly profit and loss statement and profit center analyses.
- Provide recommendations as needed to Finance Committee and senior leadership team
- Identify, develop and execute analysis of development initiatives, program launches and/or new service offerings
- Supervise accounting staff to ensure the proper functioning of all systems, databases and financial software. Supervise Human Resources Business Partner to ensure proper office administrative operations
- Review and ensure application of appropriate internal controls and financial procedures
- Ensure timeliness and accuracy of financial reporting to donors, federal, foundation, and corporate funders
- Prepare and file in a timely manner all local, state and federal tax returns in conjunction with auditors
- Serve as the key point of contact for external auditors; manage preparation and support of all external audits
- Manage cash flow planning process and weekly reporting, ensuring a minimum defensive interval ratio of at least four months.
- Supervise the accounts payable and receivable functions. Provide guidance on the collection process and ensure all invoices are paid according to terms
- Manage the processing of bi-weekly payroll with our Professional Employer Organization (PEO)
- Occasional travel required
Position Qualifications:
- Bachelor Degree in Accounting or Finance. Master’s degree preferred
- CPA credential preferred
- Seven to ten years experience as a Sr. Comptroller, Director of Finance and Administration, or CFO in a non-profit organization
- Demonstrated ability to lead, manage and motivate staff
- Excellent analytical, reasoning and problem-solving skills
- Utilize technology to present meaningful financial data and analysis
- Significant experience working with external auditors, internal controls and compliance-related issues
- Experience with identifying and contracting organizational financial systems
- Excellent oral and written communication skills with the
ability to interact with and present financial information to multiple
stakeholders and audiences
Interise is an Equal Opportunity Employer
Ours is a multicultural environment and we thrive on diversity
***We are working remotely for the foreseeable future. For this position the successful candidate must be located in the Boston area.***