Finance Director
Qualifications of Finance Director:
- Location: New York, US
- Vacancy No: 59136
- Salary: N/A
- Organization: IRC International Rescue Committee
- Deadline: Varies
Brief details about Finance Director:
About
Information about the organization that has offered the job:
Background:
The Finance Director supports a diverse group of clients, including refugees, asylees, asylum seekers, trafficking survivors, and immigrations from a range of backgrounds. The cluster of offices office programs are focused on refugee resettlement, economic empowerment, health and wellness, immigration services, anti-trafficking support, and more. Our strength and success lie within our core values of Service, Accountability, Equality, and Integrity. We are strongly motivated by our clients and are dedicated to delivering high-impact and quality programs.
Job Summary:
The Finance Director (FD) for a cluster of offices provides regional leadership and management necessary to ensure that the cluster of offices has the appropriate financial infrastructure and systems in place to support the strategic vision and mission of the cluster of offices and the wider organization. The FD will contribute to the development of the RAI program strategic and operational plans and be accountable for ensuring and monitoring delivery against the financial plans through targeted and comprehensive financial analytical review. The FD is responsible for overseeing the financial and accounting management of the cluster of program offices. Emphasis will be placed on maintaining financial management practices and systems that are compliant with US and state laws as well as donor requirements, but are also conducive to effective implementation of the cluster of offices.
The FD will have responsibility for all aspects of strategic and operational finance across a cluster of offices, acting as the principal finance business partner to the Executive Director, as well as conforming to IRCs financial control environment and CFO standards and objectives.
Major Responsibilities:
Strategic Planning & Analysis
- Provide financial information to support the Executive Director and the cluster of offices leadership Teams in making business decisions in line with IRC, Regional, and the cluster of offices’ program strategies.
- Continuously analyze the overall financial health of a cluster of offices and inform the Executive Director of potential risks and priorities to address
- Play a key role in the implementation of the new ERP (Integra).
- Compile and provide feedback on annual operating and grant budgets across all offices to create a cluster of offices’ regional budgets and ensure financial health across the region
- Conduct periodic support visits to the cluster of offices to provide direct support and engage with office-level staff;
- Respond to ad hoc requests made by the Executive Director, RAI regional and/or HQ management, or the cluster of offices.
- Monthly reviews of the financial health and risk identification shared with the Executive Director for action.
- Proactively identify potential risks and develop mitigation strategies in conjunction with the Executive Director.
Controllership
- Ensure that offices’ financial practices are in line with IRC and donor policies.
- Establish finance procedures to supplement global policies as needed.
- Closely monitor financial activities and advise the Executive Director on financial performance of the office, issues with internal controls or financial management.
- Monitor the office disbursements, all financial activities and fiscal reporting to ensure proper allocation of funding sources and compliance with donor requirements, limitations, and IRC control policies.
- Monitor the office banking transactions and agreements.
- Manage the finance department activities and schedules to meet the financial reporting requirements and deadlines specified by headquarters and donors.
- Ensure the correctness of all transactional accounting before finalizing monthly, quarterly, and yearly closing benchmarks.
- Oversees the protection of a cluster of offices’ assets (cash, inventory, fixed assets) through the enforcement of internal control policies and procedures.
- Facilitate internal, external, donor and government audits.
- Serve as the principal liaison with IRC HQ on all finance, accounting, grant budget management, and cash management.
- Internal/External Audit closure and corrective action plan development and tracking
- Attend all audit opening and exit meetings for audits conducted in region.
Training & Staff Management
- Establish finance department roles and responsibilities org chart; ensure staff job descriptions are current; recruits, maintains, empowers, and delegates to qualified staff to perform finance functions
- Oversee finance training and technical support to non-finance staff for skills improvement in the areas of accounting, reporting, and internal control.
- Supervise the finance team and support their professional growth through effective performance management
Reporting, Budgets, and Forecasting
- Administer and oversee the offices budget(s) and budgeting processes, reporting and contract/grant compliance in the financial area; follow IRC’s accounting policies vis-à-vis fund accounting as noted in IRC’s finance manual and generally accepted accounting principles
- Prepare and revise grant proposal budgets; support programs with guidance on costing and inputs in creating budgets for submission; provide solutions to budget challenges and strategically utilize financial expertise to ensure maximum leverage of available funds.
- Prepare and submit donor reports and billing in accordance with IRC and donor requirements.
- Prepare and maintain the cluster of offices office’s annual operating budget; ensure cost coverage for a cluster of offices operating costs and update the operating budget as needed.
- Prepare, present, and facilitate the review of actual to budget expenditures with the Executive Director, Site Directors, and program leads.
Key Working Relationships:
Position Reports to: Executive Director
Position directly supervises: Finance Manager and Senior Finance Coordinators
Indirect Reporting: Deputy Regional Director, Finance
Other Internal and/or external contacts:
Internal: HQ Finance and Budget team; Program Managers, Program staff, Senior Management team
External: Vendors; Financial Institutions; Grant Funders/Auditors; Financial Auditors
Job Requirements:
- Undergraduate degree in related field such as Finance, Accounting, Business Administration; a graduate degree preferred.
- 5+ years finance, budgeting, accounting practices experience required; preferably in a grant-driven non-profit or social services environment.
- 4+ years direct staff supervision.
- Advanced computer proficiency with an emphasis on Microsoft Office applications (Word, Excel, Teams, Outlook). Proven experience in web-based data entry systems, with both data extraction and design preferred.
- Highly organized self-starter with proven success prioritizing multiple tasks, making critical decisions, and delivering results in a fast-paced environment with tight deadlines.
- Must be comfortable in being a proactive member of the senior management team, with a proven track-record of proactively identifying and communicating potential problems and proposing solutions.
- Ability to carry out responsibilities independently with minimal technical support.
- Fluent in English, both spoken and written; ability to communicate in a refugee language strongly preferred.
- Excellent written and oral and communication skills; conscientious, organized, self-directed, and thorough in working with accounting procedures, data entry/record keeping.
- Must have a valid driver’s license, active insurance policy, access to reliable transportation and the ability to travel regularly throughout the service delivery area.
- In accordance with Arizona State Law, must possess or be eligible to receive a fingerprint clearance card.
Working Environment:
- Covid-impacted remote work, option to be partially remote post-covid, but with travel to various offices as required on ad hoc basis.
- Standard office work environment with considerable time at a computer terminal.
- Occasional evening and weekend hours as required by the work.
- Occasional domestic travel.
Compensation: Posted pay ranges apply to US-based candidates. Ranges are based on various factors including the labor market, job type, internal equity, and budget. Exact offers are calibrated by work location, individual candidate experience and skills relative to the defined job requirements.
Equal Opportunity Employer: IRC is an Equal Opportunity Employer. IRC considers all applicants on the basis of merit without regard to race, sex, color, national origin, religion, sexual orientation, age, marital status, veteran status, disability or any other characteristic protected by applicable law.
US Benefits: We offer a comprehensive and highly competitive set of benefits. In the US, these include: 10 sick days, 10 US holidays, 20-25 paid time off days depending on role and tenure, medical insurance starting at $143 per month, dental starting at $6.50 per month, and vision starting at $5 per month, FSA for healthcare and commuter costs, a 403b retirement savings plans with immediately vested matching, disability & life insurance, and an Employee Assistance Program which is available to our staff and their families to support counseling and care in times of crisis and mental health struggles.