Job Location: Greensboro - Guilford County
Employment Type:
Full Time (40 hours per week)
Salaried Exempt
Position Title: Chief Financial Officer/Controller
Reports To: President/CEO of Downtown Greensboro, Inc
About the Organization:
Downtown Greensboro Incorporated (DGI) is an economic development organization focused on
stimulating investment and activity in the center city. DGI is a non-profit entity and is led by a Board
of Directors composed of volunteers representing specific stakeholders in the center city.
Additionally, there is a related entity Downtown Greensboro Foundation (DGF) which focuses on
fundraising to support the activities conducted by DGI.
Position Summary:
The Chief Financial Officer (CFO) is responsible for analyzing financial data, reporting financial
performance, preparing budgets, and monitoring expenditure and costs. Additional duties include
managing financial risk and protecting assets through enforcement of internal controls, oversight of
Humans Resources and Employee Benefits, establishing, monitoring and enforcing policies and
procedures. Oversight of external audit and compliance with governmental reporting is also
required for both entities.
Essential Duties and Responsibilities:
• Work closely with the President and Finance Committee in guiding financial
decisions by establishing, monitoring, and enforcing policies and
procedures.
• Financial Reporting: Prepare monthly financial statements and schedules for each
entity. Prepare Quarterly financial statements for the Board of Directors. Review
statements with President, Executive Committee, Finance Committee and Board of
Directors.
• Account Reconciliation: Reconcile monthly all bank accounts. Document and verify both
restricted and unrestricted fund balances.
• City of Greensboro Reporting: Prepare quarterly financial and project reports as per
specific contract requirements.
• Accounts Payable & Receivable: Process and prepare all checks to pay outstanding
invoices. Prepare Sponsor, Donor & Client invoices as needed. Prepare and submit
annual 1099’s and 1096 reports.
• Payroll: Prepare, submit and record bi-weekly payroll. Verify quarterly payroll tax
submission. Verify annual payroll reporting including W-2’s and W-3.
• Preparation of Annual Budgets: Collect, analyze, and consolidate financial data to prepare
the annual Operating Budgets for DGI and DGF. Oversee and coordinate preparation of
additional budget requests.
• Manage Cash Flow: Monitor cash flow projections to insure adequate funding for upcoming
financials commitments and review data with the President on a regular basis.
• External Audits: Coordinate and oversee scheduling and information requests for
required external audit and any additional City or County reviews.
• Policies and Procedures: Guide financial decisions by establishing, monitoring, and
enforcing policies and procedures. Protect assets by establishing, monitoring, and
enforcing internal controls.
• Governmental Reporting: Comply with federal, state, and local reporting requirements.
• Human Resources: Oversee Employee Benefit Plans by working with various providers as
per employee contracts, budget and organizational policy. Maintain appropriate employee
records as per legal requirements. Assist with Human Resource issues and compliance
with approved Personnel Policies and Procedures.
• Annual Fund Drive: Direct and track responses from prospective donors. Assist with
donation follow-ups.
• Financial Information Coordination: Assist and respond to all financial inquiries or issues
from donors, partners, clients, vendors, etc.
• Manage Façade/Catalyst, etc. grant documentation and requirements.
• Festival/Event Cash Management and Reporting: Manage, reconcile and generate reports
showing recap of Ice Rink, Fun Fourth, Festival of Lights, Holiday Parade and any
additional large events run by Downtown Greensboro.
• Special Projects: Assist in the development, preparation and/or review of economic data
and financial analysis for various projects and issues as assigned or directed by the
President. Prepare special reports by collecting, analyzing, and summarizing information
and trends. As well as accounting for external grants.
• Other tasks as assigned by the President or Board of Directors.
Preferred Qualifications and Experience:
• 4 Year Under-Graduate degree; B.S/B.A. in Accounting, CPA preferred.
• Proficiency in Quickbooks for Non-Profits, MS Office (Excel, Word, PowerPoint,
Access), and Outlook email and calendar scheduling.
• Minimum of 5 years demonstrated successful experience in progressive non-profit office
environment.
• Minimum of 3 years over seeing payroll and Employee Benefits administration.
• Strong problem-solving ability along with leadership skills and strategic vision.
• Strong organizational and time management skills with the ability to handle multiple, high
priority projects with a keen attention to detail and a high degree of accuracy.
• Professional and friendly demeanor; team player orientation; excellent verbal
communication skills with ability to interface with internal and external parties.
• Ability to multi-task and work effectively in a fast-paced environment.
• Must maintain confidentiality and discretion regarding staffing, projects and reporting.
• Must be self-directed and able to perform duties with minimal supervision.
• Strong work ethic and reliability.
• Familiarity with Greensboro, specifically downtown, is a plus.
• Knowledge of economic development, event management and non-profit requirements, is a plus.
