Director of Finance (Davis)

BerryDunn•Yarmouth, ME

21d•$120,000 - $145,000

About The Position

BerryDunn has partnered with our client, the Davis Foundations, to find a qualified financial professional to fill a crucial role in the organization. The Davis Foundations include 3 separate Foundations. Two of the foundations were established by Phyllis C. and H. Halsey Davis, one to support medical, educational, and cultural/arts organizations and the other to support the protection of the environment and conservation of natural resources. The third was established by Elisabeth K. and Stanton W. Davis supporting the undergraduate programs of public and private, regionally accredited, baccalaureate degree granting colleges and universities. Under the direction of the Chairs of each Foundation, the Director of Finance administers the financial and grant-related activities of the Davis Foundations, supervises staff, and oversees the management of the office and employee benefit programs.

Requirements

Bachelor’s Degree in Accounting or Finance and 7+ years of successful experience, preferably in a non-profit setting.
Strong working knowledge of GAAP and FASB
Successful supervisory experience
Excellent interpersonal, communication and listening skills
Sound analytical and problem-solving abilities
Ability to work independently and part of a team with exceptional initiative and judgment
Strong computer and financial systems expertise
Commitment to superior customer service and demonstrated professional demeanor

Nice To Haves

CPA is a plus

Responsibilities

Monitors reports from Investment Advisors, Investment Managers, and Custodian Banks
Interacts with Investment Consultants to ensure all board approved investment related recommendations are completed
Prepares annual expense budgets
Maintains checking accounts and credit accounts, pays invoices and maintains accounts payable
Prepares journal entries, trial balance and supporting documentation to auditors for year-end tax returns and audits
Completes and/or reviews tax reporting forms as appropriate (Form 1099s, Form 990s, Report of Foreign Bank Accounts)
Monitor for UBIT (K-1s) and make estimated tax payments
Prepares and/or reviews annual reports
Ensures internal controls are appropriate and effective
Maintains appropriate insurance coverage
Oversees preparation of grant-related correspondence, minutes of Board meetings, and reports
Ensures appropriate communication with potential grant seekers and grantees
Oversees review and processing of grant applications to assure compliance with Federal law (eligibility) and Board requirements
Oversees monitoring of grant completion reports (DFF/DCF)
Oversees or develops trustee meeting schedules, agendas and related material for trustee meetings
Ensures timely payment of approved grants
Oversees the maintenance of the grants database
Provides leadership to the staff including hiring, day-to-day management and motivation of staff ensuring professional development and excellence.
Administers payroll and employee benefits programs (health, dental, long and short term disability, life, retirement) and ensures compliance with laws and regulations
Ensures effective and efficient operation, maintenance and security of the facilities, office systems and office equipment
Oversees implementation of record retention policy
Oversees the maintenance of the website and ensures timely updates of public information and posting of internal information on trustee portal
Ensures timely trustee reappointment process
Maintains current conflict of interest disclosure forms
Monitors compliance with non-profit governance requirements (i.e., UPMIFA, Pension Protection Act of 2006) as well as governance with the respective Declaration of Trusts
Ensures that trustee-approved policies are periodically reviewed and revised