Director of Finance (Davis)

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.

Financial Administration & Investment:

• 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

Grant Administration:

• 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

General Administration:

• • 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

Governance Administration:

• 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

• Bachelor’s Degree in Accounting or Finance and 7+ years of successful experience, preferably in a non-profit setting.
• CPA is a plus
• 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

The base salary range targeted for this role is $120,000-145,000. This salary range represents a good faith and reasonable estimate of the range of possible compensation at the time of posting. If an applicant possesses experience, education, or other qualifications more than the minimum requirements for this posting, that applicant is encouraged to apply, and a final salary range may then be based on those additional qualifications; compensation decisions are dependent on the facts and circumstances of each case. The salary of the finalist selected for this role will be based on a variety of factors, including but not limited to, years of experience, depth of experience, seniority, merit, education, training, amount of travel, and other relevant business considerations.