The BRAVE Project INC
Finance Officer (Board of Directors) -Tri-City area VA
The BRAVE Project INC, Virginia State University, Virginia, us, 23806
Finance Officer (Board of Directors) -Tri-City area VA
Position Summary:
The Finance Officer is responsible for overseeing and managing all aspects of the organization’s financial operations to ensure fiscal accountability, sustainability, and transparency. This role includes serving as the Treasurer, preparing, and maintaining the annual operating budget, overseeing all accounting and bookkeeping functions, reconciling expenditures, generating financial reports, and ensuring compliance with relevant financial policies and regulations. By providing accurate and timely financial analysis, the Finance Officer supports strategic decision-making and contributes to the long-term financial health of The B.R.A.V.E. Project INC™. This is a volunteer, unpaid position as this is a nonprofit 501(c)(3) organization.
Key Responsibilities Treasurer Duties
Serve as the Treasurer for the organization, overseeing all financial and treasury-related functions.
Maintain current and accurate records of all financial transactions.
Monitor cash flow, manage bank accounts, and ensure timely deposits and disbursements.
Present regular financial updates and reports at Board meetings.
Manage and direct all financial activities, ensuring compliance with established policies, procedures, and relevant regulations.
Maintain internal controls to safeguard organizational assets and prevent financial mismanagement.
Budget Management
Develop, prepare, and maintain the organization’s annual operating budget.
Ensure that the budget aligns with strategic objectives and provides a foundation for prudent decision-making.
Accounting and Bookkeeping
Oversee daily accounting and bookkeeping functions, including recording revenues, tracking expenditures, and maintaining accurate financial records.
Implement appropriate accounting systems and software to streamline financial operations.
Reconcile expenditures regularly to maintain up-to-date and error‑free financial data.
Identify and resolve discrepancies promptly.
Generate, prepare, and present Profit & Loss (P&L) statements, balance sheets, cash flow statements, and other financial reports as required.
Ensure that stakeholders receive timely and accurate information on the organization’s financial status.
Audit Support
Assist with internal and external audits by providing necessary documentation and ensuring compliance with audit standards and guidelines.
Address audit findings and implement recommendations to improve financial processes.
Policy Implementation
Develop, implement, and update financial policies and procedures that promote fiscal responsibility and operational efficiency.
Monitor compliance and recommend improvements where necessary.
Collaboration and Coordination
Work closely with other Board members, officers, and team members to align financial practices with the organization’s mission and goals.
Provide guidance on financial matters to support strategic initiatives.
Additional Support
Perform other duties as assigned to maintain the financial integrity and sustainability of the organization.
Qualifications
Bachelor’s in Finance, Accounting, Business Administration, or a related field (Master’s or CPA designation is a plus).
Proven experience in fiscal management, accounting, or related areas, preferably in a nonprofit environment.
Strong knowledge of accounting principles, budgeting practices, and financial regulations.
Proficiency in accounting software and Microsoft Office applications (especially Excel).
Excellent analytical, problem‑solving, and organizational skills.
Strong attention to detail and a commitment to accuracy.
Ability to communicate complex financial information clearly to non‑financial stakeholders.
Demonstrated integrity, ethics, and a commitment to maintaining confidentiality.
Term and Compensation This position is voluntary and unpaid. The incumbent typically serves a renewable term and may be eligible for reimbursement of expenses related to board activities. However, any reimbursable expenses must be approved in writing in advance.
Note This job description is intended to provide an overview of the Finance Officer role on the Board and may not encompass all tasks or requirements. The responsibilities, duties, and qualifications outlined above are subject to change as the organization’s needs evolve.
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The Finance Officer is responsible for overseeing and managing all aspects of the organization’s financial operations to ensure fiscal accountability, sustainability, and transparency. This role includes serving as the Treasurer, preparing, and maintaining the annual operating budget, overseeing all accounting and bookkeeping functions, reconciling expenditures, generating financial reports, and ensuring compliance with relevant financial policies and regulations. By providing accurate and timely financial analysis, the Finance Officer supports strategic decision-making and contributes to the long-term financial health of The B.R.A.V.E. Project INC™. This is a volunteer, unpaid position as this is a nonprofit 501(c)(3) organization.
Key Responsibilities Treasurer Duties
Serve as the Treasurer for the organization, overseeing all financial and treasury-related functions.
Maintain current and accurate records of all financial transactions.
Monitor cash flow, manage bank accounts, and ensure timely deposits and disbursements.
Present regular financial updates and reports at Board meetings.
Manage and direct all financial activities, ensuring compliance with established policies, procedures, and relevant regulations.
Maintain internal controls to safeguard organizational assets and prevent financial mismanagement.
Budget Management
Develop, prepare, and maintain the organization’s annual operating budget.
Ensure that the budget aligns with strategic objectives and provides a foundation for prudent decision-making.
Accounting and Bookkeeping
Oversee daily accounting and bookkeeping functions, including recording revenues, tracking expenditures, and maintaining accurate financial records.
Implement appropriate accounting systems and software to streamline financial operations.
Reconcile expenditures regularly to maintain up-to-date and error‑free financial data.
Identify and resolve discrepancies promptly.
Generate, prepare, and present Profit & Loss (P&L) statements, balance sheets, cash flow statements, and other financial reports as required.
Ensure that stakeholders receive timely and accurate information on the organization’s financial status.
Audit Support
Assist with internal and external audits by providing necessary documentation and ensuring compliance with audit standards and guidelines.
Address audit findings and implement recommendations to improve financial processes.
Policy Implementation
Develop, implement, and update financial policies and procedures that promote fiscal responsibility and operational efficiency.
Monitor compliance and recommend improvements where necessary.
Collaboration and Coordination
Work closely with other Board members, officers, and team members to align financial practices with the organization’s mission and goals.
Provide guidance on financial matters to support strategic initiatives.
Additional Support
Perform other duties as assigned to maintain the financial integrity and sustainability of the organization.
Qualifications
Bachelor’s in Finance, Accounting, Business Administration, or a related field (Master’s or CPA designation is a plus).
Proven experience in fiscal management, accounting, or related areas, preferably in a nonprofit environment.
Strong knowledge of accounting principles, budgeting practices, and financial regulations.
Proficiency in accounting software and Microsoft Office applications (especially Excel).
Excellent analytical, problem‑solving, and organizational skills.
Strong attention to detail and a commitment to accuracy.
Ability to communicate complex financial information clearly to non‑financial stakeholders.
Demonstrated integrity, ethics, and a commitment to maintaining confidentiality.
Term and Compensation This position is voluntary and unpaid. The incumbent typically serves a renewable term and may be eligible for reimbursement of expenses related to board activities. However, any reimbursable expenses must be approved in writing in advance.
Note This job description is intended to provide an overview of the Finance Officer role on the Board and may not encompass all tasks or requirements. The responsibilities, duties, and qualifications outlined above are subject to change as the organization’s needs evolve.
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