Job Summary
The Director of Finance for Delta Lambda Phi plays a crucial role in overseeing the financial health and stability of the organization. This position requires a strategic financial leader with strong analytical skills, a keen attention to detail, and a commitment to fiscal responsibility. The Director of Finance will work closely with fraternity leadership, staff, active chapters, and the board of directors to ensure sound financial management and support the fraternity’s long-term sustainability.
Responsibilities
Financial Planning and Analysis (FP&A)
Develop, implement, and monitor the fraternity’s annual budget in collaboration with key stakeholders.
Conduct regular analyses and prepare reports for fraternity leadership and the board of directors, highlighting key financial metrics, trends, and recommendations.
Budget Management
Oversee the budgeting process, ensuring alignment with the fraternity’s strategic priorities.
Monitor and control expenditures to adhere to budgetary constraints.
Collaborate with department heads to provide financial guidance and support for their respective areas.
Financial Reporting
Prepare accurate and timely financial statements, including billing to chapters for annual dues, updated balance sheet, and cash flows statement.
Present financial reports to fraternity leadership providing insights and recommendations into the fraternity’s performance.
Cash Flow Management
Monitor cash flow and liquidity, ensuring the availability of funds for operational needs.
Audit and Compliance
Coordinate annual audits and ensure compliance with financial regulations for 501c(3) and 501c(7) policies.
Fulfill annual tax reporting obligations with the IRS.
Financial Policies and Procedures
Develop and maintain financial policies and procedures to ensure transparency, accountability, and compliance.
Train fraternity staff and active members on financial reporting and policies.
Risk Management
Identify financial risks and recommend strategies to mitigate them.
Collaborate with leadership to establish and maintain a robust internal control environment.
Fundraising Management
Oversee reporting aspects of fundraising efforts done by the Fraternity Office.
Work closely with the Director of Fundraising to accurately invoice, account for, and forecast future fundraising efforts.
Qualifications
Bachelor’s degree in finance, accounting, business administration, or related field. MBA or CPA a plus.
Proven experience in financial management, preferably in a non-profit setting.
Strong analytical and problem-solving skills.
Knowledge of GAAP and financial reporting standards.
Reports to
Chief Operations Officer
Supervises
Finance Manager (potential); Finance Analyst (potential)
Workload
Candidate should expect a consistent workload throughout the year and should average 5 - 10 hours per week of time commitment.
How to Apply
Please email talent@dlp.org with your resume.