Overview

The Financial Director plays a crucial role in shaping and guiding the organization’s financial strategies to align with its mission. This position oversees budget management, ensures compliance with regulations, and provides valuable financial insights to the executive team while leading a dedicated finance team to maintain the foundation's financial health and support its goals.

Responsibilities

1. Develop and implement financial strategies to support the foundation's mission and goals.
2. Oversee the preparation and management of the annual budget and financial forecasts.
3. Ensure compliance with financial regulations and standards, including audits and reporting requirements.
4. Manage cash flow, investments, and financial risk to optimize the foundation's financial health.
5. Provide financial analysis and insights to the executive team to guide decision-making.
6. Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
7. Collaborate with other departments to align financial planning with organizational objectives.
8. Prepare and present financial reports to the Board of Directors and stakeholders.

Interview questions to ask

1. Can you describe your experience with budgeting and financial forecasting in a non-profit environment?
2. How do you ensure compliance with financial regulations and reporting standards?
3. What strategies have you implemented in the past to manage financial risk?
4. Can you provide an example of how you have used financial analysis to influence organizational decision-making?
5. How do you approach team leadership and development within the finance department?