Director of Finance

Financial Management

• Oversee all aspects of the general ledger, including account structure, entries, reconciliations, and reporting.
• Prepare monthly financial summary, balance sheets, profit and loss statements, and other financial operating reports as requested by the Executive Director, Treasurer, Finance Committee or Board of Directors.
• Manages the annual audit and the relationship with the accounting firm including preparation of work papers.
• Facilitate the filing of any required governmental reports - Form 990, Form 990T, payroll tax returns, etc.
• Recommend to the Finance Committee/ Board of Directors policy changes related to the financial management and control of the organization.
• Lead all financing activities including debt, mortgage sales to banks and New Market Tax Credit transactions.
• In conjunction with the Executive Director, Leadership Team, and Finance Committee, lead the preparation of the organizational budget.
• Manage cash position and bank relationships.

Administrative

• LMA (Leadership, Management, Accountability) for Mortgage Accountant, Mortgage Processor, Accounting and Collections Associate, Safety Coach, and Human Resource Manager. Provide guidance and direction on work responsibilities, conduct one-on-one meetings, coach, and provide informal and formal feedback on performance and goals.
• Participate with the leadership team in organizational development and affiliate leadership activities.
• Staff liaison to Finance Committee
• Maintain the organization’s bank accounts, investments, and banking relationships.
• Reconcile bank accounts on a monthly basis.
• Manage the organization’s accounts payable and receivable.
• Oversee the administration of payroll.Oversee employee benefits administration
• Manage affiliate insurance policies and license renewals

Analysis

• Analyze trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
• Analyze /prepare cash forecasts
• Ad hoc analysis as assigned.

Compliance and Control

• Ensure financial compliance with the organization’s commitments related to grants, loans, and other contractual obligations.
• Ensure compliance with Federal, State and Local laws related to the organization’s financial management.
• Recommend and implement improvement opportunities to improve controls throughout the organization.
• Oversee tracking of restricted funds and funding position of builds.

Risk Management

• Manage the Safety Coach in leading and evaluating organization safety effectiveness.
• Maintain policies and procedures around safety practices.
• Lead activities around corporate liability, property, workers compensation, and other insurance.

Construction

• Provide job costing and budget comparison for houses

Mortgage Origination

• Coordinate closing process with internal teams and funders.
• Provide mortgage breakdown and closing cost information for closings.
• Manage the preparation of Loan Estimate and Closing Disclosure documents and files prior to closing.
• Coordinate loan sales to banks.
• Mortgage Servicing
• Manage relationship with Iowa Bankers Mortgage Corp. (Servicer)
• Manage mortgage loan delinquencies and recommend actions to work with partner families
• Recommend actions for foreclosure/modification activity.

ReStore

• Work with ReStore Director to develop, implement, and monitor financial controls in the ReStore.
• Maintain controls over cash receipts and revenue.
• Maintain controls over inventory.
• Provide ReStore financial reports as requested by the ReStore Director or Executive Director