Director of Finance - The George Washington Foundation
Company: Warren Whitney
Location: Fredericksburg
Posted on: March 4, 2025
Job Description:
Job DescriptionPrimary responsibilities include preparation and
oversight of the annual Foundation budget, management of all
Operating, Endowment, Investment, and Capital funds/sub-funds,
supervision and management of all HR functions including employee
payroll processing and benefit programs, and coordination and
completion of the annual audit.This position reports directly to
the President and CEO of the Foundation and also serves as liaison
to several committees and outside contractors (investment manager,
auditor, insurance brokers, and bankers) providing services to the
Foundation.Required QualificationsBachelor's degree in Business
Administration, Finance, or a related field. Minimum of 5 years'
experience in a financial management role with progressively
increasing responsibility.Preferred QualificationsThe ideal
candidate has experience and final responsibility for the quality
and content of all financial data, reporting, and audit
coordination, and has preferably overseen a human resources
function. Minimum of 5 years of supervisory experience in human
resource management, an MBA and/or CPA preferred.Skills
- Possess and communicate a solid understanding of accounting,
budgeting, investments, and allocation of resources.
- Possess and communicate a strong understanding of human
resource management with control of hiring, payroll function, and
benefits management.
- Exhibit high proficiency with various software programs.
- Demonstrate strong, collaborative leadership and excellent
management skills.
- Display effective communication and problem-solving skills with
the ability to translate financial concepts to those who do not
necessarily have a financial background.Duties and
ResponsibilitiesFinancial/Budgetary:
- Drafts the annual operating budget for approval by the
President.
- Implements, analyzes, monitors and controls the annual budget
(this includes assisting staff with budgetary inquiries and being
involved in the decision-making process as needed for any
expenditures).
- Provides revenue and expense forecasting.
- Provides all financial documentation for the President
including the IRS Forms 990 and 5500.
- Analyze and present financial reports in an accurate and timely
manner; clearly communicate periodic financial statements for a
variety of purposes and audiences.
- Explores and analyzes potential funding sources (e.g. bonds,
loans, etc.) and makes recommendations to the President.
- Day-to-day management and control of the endowment and
investment fund, working with staff.
- Maintains detailed financial records for all restricted and
temporarily restricted funds and sub-funds.
- In conjunction with the Auditing Firm for the Foundation,
coordinates and completes the annual audit and all required annual
tax filings for the Foundation.
- Plans, coordinates and implements the highest level of business
management for all special funds and projects (e.g. bond
activities, restoration projects, etc.)Supervision of the Business
and Finance operation:
- Supervise and direct the activities of staff, overseeing the
day-to-day operation of the business and finance department.
- Ensure the segregation of duties for all accounts receivable,
accounts payable, and cash receipting activities.
- To the extent possible, ensure cross-training to prevent a loss
of operations.
- Implement and monitor formalized procedures for purchasing and
acquisitions, hiring, evaluations, etc.
- Maintain a competitive and financially sound insurance
program.
- Obtain legal and financial opinions and interpretations as
needed.
- Make decisions regarding the equipment and software necessary
to ensure an efficient and accurate business and finance
operation.Supervision of the Human Resource operation:
- Ensure oversight and review of the payroll and time reporting
process.
- Oversee all recruiting, hiring, and termination processes.
- Formulates, recommends, and ensures the effective
implementation of all general personnel policies and
procedures.
- Works with the President, Vice President, and department heads
to ensure productivity levels are maintained through effective
monitoring of staffing levels.
- Responsible for the maintenance of the formal compensation
structure.
- Responsible for the maintenance of the employee handbook.
- Draft and present final recommendations to the President with
regard to employee compensation and benefits programs.
- Perform any employee counseling or problem resolution necessary
in conjunction with any other appropriate staff members.The George
Washington Foundation does not and shall not discriminate on the
basis of race, color, religion (creed), or gender in any of its
activities or operations.Applicants should send a Cover letter,
Resume, and Salary Expectations.
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Keywords: Warren Whitney, Dale City , Director of Finance - The George Washington Foundation, Executive , Fredericksburg, Virginia
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