Description
The mission of the Community Foundation is to make the Richmond region a better place through bold solutions and inspired philanthropy. We envision a thriving region where all individuals and families have the opportunity to succeed. Today, we manage approximately 1,500 charitable funds with assets exceeding several billion dollars and growing. In 2024, we deployed more than 6,000 grants totaling over $100 million. The Foundation also supports the activities of 9 other charitable foundations and organizations that have chosen to fulfill their charitable legacy in partnership with us. Together we do more good!
As a part of the Community Foundation, you have a chance to use your skills and experience to create positive, long-lasting change for our region, while maintaining a healthy balance between personal and professional endeavors. We offer competitive benefits, flexibility in schedule and partial telework, Work-from-home on Mondays and Fridays (Fridays are also half-days), a collaborative culture, and mission-centered work.
To learn more about our vision and mission, please visit cfrichmond.org/About/Our-Story.
Position Description:
The Finance Officer is a key member of the Finance team, responsible for supporting the day-to-day financial operations of the Foundation and its affiliated foundations and organizations. This role plays a central part in ensuring timely and accurate financial reporting, coordinating the annual audit, maintaining robust internal processes, and overseeing general accounting functions.
Key Responsibilities:
- Coordinates the annual audit process by preparing or reviewing audit schedules, documenting processes, procedures, systems, and controls. Act as the primary liaison with external auditors.
- Performs general ledger functions for the Foundation and its affiliated entities, including journal entries, preparation of financial statements, and bank/investment reconciliations.
- Proactively recommends and implements process improvements; maintain and update financial policies and procedures as needed.
- Performs weekly accounting duties, including reviewing grant and gift transactions and coding vendor invoices.
- Prepares quarterly internal financial statements for affiliated organizations, including financial highlights and variance analysis.
- Supports monthly and quarterly accounting duties, particularly in investment reconciliation.
- Reconciles and review accounts such as accounts receivable/payable, prepaid expenses, fixed assets, and interfund general ledger accounts.
- Conducts year-end trial balance reviews and prepare or review journal entries during month- and quarter-end close.
- Assists with preparation and review of annual tax returns and related filings.
- Provides training and guidance to departments and staff on accounting best practices.
- Performs other duties as assigned or requested.
Requirements
- Bachelor’s degree in Accounting or Finance required; CPA or CPA candidate preferred.
- 2–4 years of progressively responsible experience in financial or accounting operations; nonprofit or public accounting (audit) experience is preferred.
- Strong understanding of Generally Accepted Accounting Principles (GAAP).
- Highly organized and detail-oriented, with excellent project management skills and the ability to manage multiple priorities across teams.
- Strong written and verbal communication skills with the ability to explain complex financial concepts clearly to diverse audiences.
- Collaborative team player with a positive attitude and commitment to fostering a supportive workplace culture.
- Proficient in analyzing and compiling complex data to support strategic planning and decision-making.
- High level of integrity, professionalism, discretion, and accountability.
- Ability to handle sensitive and confidential information with care.
