The Finance Director oversees the management of the finances and monies for the Proud Scholars Board of Directors. The Finance Director incorporates all finances and monies received from each Committee and event to maintain stabilized financial budgets. The Finance Director is considered 1 of 6 Officers that are considered a permanent position without a term limit.

Responsibilities include but are not limited to the following:

  • Review and approve preparation and finalization of monthly and annual financial reporting materials and metrics for the Proud Scholars Board of Directors.
  • Oversee budgeting, financial forecasting, and cash flow for administration, existing programs, and proposed new sites.
  • Coordinate all audit activities.
  • Administrative Leadership and Management
  • Serve as a business partner to the ED on the organization’s financial, budgeting, and administrative processes, with an eye to continuously developing and improving systems.
  • Develop successful and trusting relationships with the program recipients and create and sustain an environment at Proud Scholars that supports these relationships.
  • Advise the Executive Director and other key members of the Board of Directors on financial planning, budgeting, cash flow, investment priorities, and policy matters.
  • Serve as the management liaison to the board and audit committee to the IRS; effectively communicate and present critical financial matters at select Board of Directors and committee meetings.
  • Contribute to the development of strategic goals and objectives as well as the overall management of the organization.
  • Maintain continuous lines of communication, keeping the Officers informed of all critical issues.
  • Represent the organization externally, as necessary, particularly in banking and lease negotiations.
  • Report on finance committees and strategy group activities.
  • Prepare and file all IRS tax form to ensure that compliance is maintained as 501(c)(3).
  • Prepare annual report financials at the end of each year.

Finance Director Responsibilities