Finance Director
About the role
The Finance Director provides leadership and oversight for the Foundation’s accounting, financial reporting, budgeting, grant financial management, internal controls, and finance-related policies and procedures. Reporting to the Chief Executive Officer, the Finance Director ensures that financial information is accurate, timely, compliant with generally accepted accounting principles, and aligned with applicable donor, contractual, federal, state, and local requirements. The position works closely with the Development and Programs departments to support grant and gift administration, restricted-fund management, budgeting, compliance, reimbursement, reporting, and informed decision-making. The Finance Director also leads the annual audit process, prepares financial analyses and reports for organizational leadership and the Board of Directors, supervises finance staff, and continually strengthens the Foundation’s financial systems, controls, and practices.
Responsibilities
- Lead the Foundation’s accounting and financial-management activities in support of its mission, strategies, and programs serving Henrico County Public Schools.
- Lead the annual budgeting process and develop operating, program, grant, and cash-flow forecasts in collaboration with department leaders.
- Prepare timely and accurate GAAP-based financial statements, management reports, budget-to-actual analyses, forecasts, and supporting schedules.
- Monitor liquidity, reimbursement timing, budget variances, financial trends, and emerging risks; recommend corrective actions or resource adjustments as needed.
- Prepare and present clear financial information to organizational leadership, the Finance Committee, and the Board of Directors.
- Direct monthly and year-end closing, including reconciliations, journal entries, receivables, payables, accruals, deferred revenue, releases from restriction, and other necessary adjustments.
- Oversee accounts payable and receivable, cash receipts and disbursements, banking and credit-card activity, investments, and