Director of Finance

Job Description

Job Description

Summary

The Director of Finance works under the supervision of the Lead Pastor and in conjunction with the chairs of the Finance committees from each campus to administer, oversee, and communicate all financial matters of BUMC in a professional, ethical, and Christian manner. Specific responsibilities are listed below. Other duties may be assigned as appropriate.

Broad Financial Responsibilities

• Keep accurate and detailed records of all financial transactions on approved financial management software.
• Record weekly contributions and other deposits to the proper funds.
• Prepare quarterly giving statements and annual tax statements for donors.
• Disburse funds for their given purpose according to Cross-Campus Partnership.
• Record invoices and issue checks for payment.
• Setup and maintain payroll for employees of the church and preschool.
• Prepare semi-monthly payroll.
• Maintain the transactions in the operating account and the money market account; review monthly statements for these accounts to identify issues and ensure accuracy prior to the formal reconciliation by the Assistant Treasurer.
• Record pledges for stewardship campaigns and track their fulfillment.
• Assist in preparation of the annual budget.
• Monitor cash flow and initiate transfers of funds when necessary.
• Review monthly investment reports from bank and from the Virginia United Methodist Foundation; record monthly investment entries.
• Prepare annual Endowment Payout Calculations at the direction of the Endowment Committee.
• Reconcile monthly staff Visa statements, ensure all receipts are included and charge to correct account.
• Provide monthly financial reports for each campus as requested by church leadership.

Preparation and Payment of Taxes

• Pay State and Federal taxes (bi-weekly) for church and preschool.
• Prepare 941 and VA16 quarterly for church and preschool.
• Prepare W-2s and 1099s, reconciling W-3 and VA-6 with W-2s for church and preschool.
• Install financial management software and tax updates.
• Complete new fiscal year procedures recording new budget, preparing, and recording payroll adjustments (pensions, pay increases, W-4s) and adjusting recurring transactions to reflect changes.

Annual Audit

• Coordinate with the BUMC Finance Team on the recruitment of a firm or individual to conduct the annual audit.
• Work directly with the selected auditor to support the audit work and supply requested data and reports.
• Receive audit results and draft report.
• Work with the BUMC Finance Team to review the annual audit report, and as appropriate, take needed actions to implement auditor's recommendations after approval by the Finance Team

Financial Communication

• Submit monthly and annual reports to the Virginia Annual Conference of the United Methodist Church.
• Attend finance meetings when requested.
• Provide additional information and data as requested to church leaders.
• Communicate and prepare reports for committees regarding budgets and expenditures.
• Communicate and prepare reports for staff regarding budgets and expenditures.

Undergraduate degree in business/accounting/finance or related field.

Experience in bookkeeping or accounting.

Proficiency in Microsoft Office software.

Compatible with Blacksburg UMC's Christian values.

Church experience.

Full time employment includes the opportunity for health insurance and retirement account benefits.