Strategic Planning: Collaborate with the board and leadership to develop a strategic plan guiding the next two years of the Chamber’s work.
Budgeting: Lead the creation of the annual operating budget in collaboration with the Executive Director and Finance Committee, and present it to the full board for approval.
Reporting: Present clear, concise financial updates at board meetings (balance sheets, income statements, cash flow), ensuring technical data is translated into plain language for informed governance decisions.
Grant Management: Oversee financial aspects of grant management, including budgeting, compliance, and reimbursement administration.
Supervise the Bookkeeper: Directly oversee the work of the bookkeeper (contractor or staff) to ensure accurate general ledger maintenance, bank deposits, and timely processing of transactions.
Executive Support: Work with the Executive Director and accounting personnel to ensure board-ready reports are accurate and distributed on time.
Custody of Funds: Ensure complete and correct accounts of receipts and disbursements are kept and that funds are deposited in Board-designated banks.
Disbursement: Oversee the disposal of funds as ordered by the Board, ensuring proper vouchers for disbursements are taken.
Internal Controls: Establish and sustain a system of internal controls and financial policies (e.g., expense reimbursement, gift acceptance) to mitigate fraud and risk.
Compliance: Ensure the timely filing of all required federal (Form 990) and state tax filings, and oversee the annual audit process if required.
Finance Chair: Serve as the Chair of the Finance Committee, coordinating its work and presenting recommendations to the full Board.
Risk Management: Identify and assess financial risks (fraud, theft, non-compliance) and propose mitigation strategies to the Board.
Professional Background: Strong background in finance, accounting, or auditing is essential. CPA or experience as a nonprofit CFO/Controller is highly desirable.
Technical Skills: Proficiency in financial software is required, with specific experience in QuickBooks preferred.
Grant Knowledge: Strong understanding of grant management principles, compliance requirements, and government reimbursement grants.
Communication: Ability to explain complex financial concepts clearly to board members with varying levels of economic background.
Integrity: High ethical standards to safeguard public funds and maintain donor trust through transparency.
Meeting Attendance: Attend monthly Board meetings and regular Executive Committee meetings.
Agenda Leadership: Spearhead financial discussions during meetings, placing financial reviews at the top of the agenda to ensure focused deliberation.
Seasonal Fluctuations: While the standard commitment is 8-12 hours per month, time requirements may increase during annual budget planning, tax filing, or audit seasons.
