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Director of Finance

Company: Tech Goes Home
Location: Boston
Posted on: March 20, 2023

Job Description:

About Tech Goes HomeThe mission of Tech Goes Home is to empower communities to access and use digital tools to overcome barriers and advance lives. The organization is passionate about digital equity, providing training, technology, and internet access to thousands of people annually across Massachusetts. TGH has experienced significant growth in recent years and is considering further expansion.Summary:Reporting to the Chief of Operations (COO), the Director of Finance (DOF) will oversee all finance, accounting, and reporting activities. The DOF will support data requests and presentations to the board and CEO, and will work closely with the COO and other members of the senior leadership team to integrate and continuously improve finance, HR, and IT functions.The DOF will lead all day-to-day finance operations of a budget of $7 million and have functional responsibility over accounting, accounts payable, accounts receivable, and grants administration. The DOF will ensure that Tech Goes Home has the systems and procedures in place to support effective program implementation and conduct flawless audits. The DOF will work closely with program and development leaders and their staff, to educate them regarding finance and accounting procedures and also to explore how the finance function can enhance and support operations.Finance and Accounting:

  • Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate standards and regulatory requirements.
  • Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.
  • Coordinate all audit activity.
  • Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership aware of TGH's financial status.
  • Assist TGH's leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
  • Support the COO in engaging the board and CEO around issues and trends in financial operating models and delivery.
  • Oversee all financial, project/program and grants accounting; ensure that expenses are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government, corporate, and foundation grants.
  • Manage organizational cash flow forecasting by working in partnership with the COO and senior leadership team; continuously collaborate to assess the financial efficacy of organizational operations and establish finance and administrative systems to support organizational and program operations.
  • Manage and track the performance of invested assets in keeping with policies and investment guidelines.Grant Management:
    • Collaborates with COO and development team on grant income and grant expense amounts. -
    • Gather financial statistics required by funding sources and compile necessary grant data.
    • Oversees financial data entry, delegating data entry as necessary for completion of grant reports. -
    • Develops and manages systems for tracking grant expenditures and receivables. -
    • Reviews and approves all grant related payment requests, bills, invoices, and statements. -
    • In cooperation with COO and development team, reviews all monthly financial reports, makes corrections to grant related income and expenses as needed, and communicates all changes to the accounting team. -Team Leadership:
      • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.Background of A Highly Favorable Candidate:
        We strongly encourage people from marginalized communities to apply, as we aspire to build a diverse, inclusive and authentic workplace. -This is an extraordinary opportunity for a leader with five years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting and reporting financial information to executive teams and external stakeholders. Ideally, they will have extensive nonprofit accounting experience. -Specific requirements include:
        • Authentic passion for TGH's mission, strong interest in building scalable, sustainable, and impactful financial and operational systems/processes/integrations, and desire to foster practices incorporating diversity, belonging, inclusion, and equity.
        • Demonstrated track record of increasing levels of responsibility and leadership in previous assignments.
        • Strong interpersonal, communication, proactive, problem-solving, and collaboration skills.
        • Extensive technical capability, operations acumen, strategic thinker, thought partner, and possess excellent customer/client focus.
        • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, and accounting for investments.
        • A track record in grants management as it relates to compliance and reporting of government, corporate and foundation grants.
        • Technology savvy; advanced knowledge of accounting and reporting software preferable
        • Keen analytic, organization and problem solving skills which allows for strategic data interpretation versus simple reporting.
        • Experience in effectively communicating key data, including presentations to senior management, board or other outside partners.
        • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers.
        • Current and demonstrated knowledge of software technologies & desire to expand their knowledge base continuously. The following are key software technologies:
          • Sage Intacct
            • Salesforce
              • Asana
                • Slack*The above is intended to describe the general content and requirements of work performed by the person filling this role. It is not intended to be an exhaustive statement of all duties, responsibilities, or skills required.Compensation:TGH strives to offer competitive salaries within the nonprofit field. Paid time off, extremely generous benefits including 100% employer sponsored health insurance, and a real commitment to work/life balance are standard and exceed traditional nonprofit industry standards. Salary range is $90,000 to $105,000.Relevant Financial Information:In 2021, Tech Goes Home had annual revenues of roughly $4M, of which 55% was derived from philanthropic sources, 27% from government grants, and the remaining 18% coming from earned revenue.Service Area / Industry Information:Social services, digital inclusion, computer and internet access and training.

Keywords: Tech Goes Home, Boston , Director of Finance, Executive , Boston, Massachusetts

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