Director of Finance

Company: Educational Media Foundation K LOVE & Air1 Media N
Location: Rocklin
Posted on: March 24, 2020

Job Description:

Reporting to the Chief Financial Officer (CFO), the Director of Finance provides leadership for all financial administration, financial analysis and budgeting processes including general ledger, revenue accounting, accounts payable, tax reporting, payroll and financial analysis. This position also creates strategic proposals, financial plans and economic models that support EMF---s current and future growth. Through financial analysis and development of supporting systems and metrics, this position provides resources and tools for executive leadership to evaluate ministry opportunities, supporting growth, ministry, and financial success. Scope of role: Oversee strategic planning and implementation for Finance, with a focus on department goals, timelines, budgets, communication, results tracking, and celebration. Assess ministry performance against both annual goals and plans. Provide strategic recommendations based on operational analysis, research, and projections, cost identification and allocation, and resource analysis. Ensure tools and systems are in place to provide critical operational and project information to the CEO, COO, CFO and others, and make actionable recommendations on both strategic goals and operational constraints. Provide leadership for all finance and accounting functions and Finance Team, ensuring ministry wide collaboration and communication, facilitating appropriate resolution of issues and competing priorities. Ensure alignment of Finance Initiatives with Ministry objectives. Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate accounting principles, best practices, and regulatory requirements. Generate accurate and timely monthly financial reports including income statement, balance sheet and statement of cash flows. Provide timely and accurate financial, budgetary, and cash management analysis and develop ongoing management and reporting systems to be utilized by the CFO and other executive leadership. Oversee the ministry---s independent financial audits, including the annual financial statement and 401(k) Plan audits. Monitor and ensure ministry compliance with all external tax, payroll and other federal and local requirements. Manage budgetary planning and cost management in alignment with the ministry---s strategic and operating plans. Develop and monitor the annual operating budget and budget reforecast. Identify and evaluate variances of planned versus actual results, appropriately communicating and proactively partnering with leadership. Develop analysis and recommendations for economic models such as potential acquisitions, financial implications of proposed capital projects/expenditures, collaboration with external organizations, and investment opportunities. Develop large station acquisition models, including working with outside banks, finance companies and planned giving experts. Develop cash flow and forecasting analysis resulting in a reliable cash flow projection process and reporting mechanism. Develop an appropriate debt structure and minimum cash threshold to meet operational needs. Manage and analyze cash balances, generating cash flow position and projection spreadsheets and budget to actual graphs and analysis. As directed by the CFO, maintain, develop and optimize banking and treasury relationships including banking, cash management, as well as investment and debt obligations of the ministry. Analyze historical financial data and discern trends in order to optimize the use of ministry resources and forecast future results. Utilize best practices, technology, and strategic planning/analysis software and systems to accomplish work. Recommend systems and practices as appropriate across the ministry providing training and mentoring as needed. Serve as a financial resource within the ministry to provide essential information, analysis, and evaluation to departmental leadership, ensuring compliance and resources for established goals. Partner with Vice President of Signal Development to evaluate the financial performance of existing signals. This would include analyzing profit and loss by market, researching variances between expected and actual results, and establishing correlations between market profitability and other factors such as demographic particularities, promotional and marketing efforts and competition in the market. Collaborate with the Vice President of Signal Development to analyze potential signal acquisitions for financial feasibility and desirability of the market. Provide strategic leadership, mentoring and developing a highly competent and responsive Finance team, ensuring alignment of goals and ministry initiatives with EMF---s mission. Foster a learning environment where training, risk management, operational best practices, and biblical values go hand in hand with creative and entrepreneurial solution that best fulfill the ministry---s mission. Provide functional leadership to the Finance department. Qulifications we are seeking: BS degree in Finance or Accounting; CPA/CMA certification a must; MBA desired. 10 years of broad finance experience providing strategic and hands-on leadership within a finance function (accounting, budgeting, control, and reporting). Mergers & Acquisitions & Investment fund experience a must. Experience working in non-profits. Strong knowledge of financial rules and regulations as they pertain to non-profits. Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting. Proven analytical skills with experience applying financial models and methodology to strategic initiatives, analysis and management. Experience creating measurements and metrics to evaluate and manage strategic initiatives. Skill and experience in examining, developing, reengineering, and recommending financial policies and procedures. A collaborative and flexible style, with strong service mentality. Need to be seen as a team player. A hands-on leader with integrity and a desire to work in a dynamic, mission driven environment. Excellent interpersonal skills with the ability to develop sincere business/ministry relationships. Strong written and verbal communication and presentation skills. Demonstrated commitment to the social sector with a passion for our mission and values. Benefits: This opportunity is in Rocklin, CA, on-site at HQ. This position is exempt and we offer a rich benefits package including medical, dental, vision, matching 401K, generous paid vacation, sick and holiday. In addition, you will enjoy the ability to pray openly, development and advancement opportunities, free access to LinkedIn Learning platform, meaningful work relationships and more.

Keywords: Educational Media Foundation K LOVE & Air1 Media N, Rocklin , Director of Finance, Executive , Rocklin, California