VOLUNTEER OPENINGS - FIN: Director of Finance & Compliance

Are you passionate about financial compliance and governance? Join PMI-LA as the Director of Finance & Compliance and gain hands-on experience in nonprofit financial management. Work closely with the VP of Finance to develop financial strategies, oversee compliance efforts, and contribute to PMI-LA’s financial sustainability. This is a great leadership opportunity for professionals looking to expand their expertise in financial governance and risk management.

 

Purpose

To serve as the primary operational and compliance lead for the Finance Department, ensuring accurate financial reporting, policy adherence, budget management, and financial governance within PMI-LA. The Director of Finance & Compliance works under the Vice President of Finance to oversee financial activities, mitigate financial risks, and ensure compliance with relevant policies and regulations.

 

Responsibilities/Accountabilities

As a Key Finance & Compliance Leader:

  • Ensure compliance with PMI-LA’s financial policies, regulatory requirements, and nonprofit financial best practices.
  • Support financial planning, budgeting, and reporting efforts, working closely with the VP of Finance.
  • Oversee financial recordkeeping and reporting processes, ensuring accuracy and integrity.
  • Provide financial oversight, including transaction monitoring, reconciliations, and internal controls.
  • Act as a liaison between the Finance Department and other PMI-LA teams to ensure financial transparency and alignment with organizational goals.

 

Financial Compliance & Risk Management:

  • Ensure timely and accurate financial reporting to the VP of Finance and Board of Directors.
  • Monitor compliance with financial policies, grant requirements, and nonprofit financial management standards.
  • Implement internal controls to mitigate financial risks and prevent fraud.
  • Oversee financial audits, tax filings, and compliance reporting in collaboration with external auditors.
  • Ensure proper records retention and adherence to document management policies.

 

Team Management & Leadership:

  • Supervise the Finance Team, ensuring role clarity, accountability, and effective task distribution.
  • Develop and enforce financial policies to enhance transparency and operational efficiency.
  • Support onboarding and training of new finance volunteers, ensuring knowledge transfer and continuity.
  • Mentor and develop Finance volunteers to support long-term succession planning.

 

Reporting & Financial Governance:

  • Prepare financial reports and compliance updates for the VP of Finance and Board of Directors.
  • Support annual budgeting and financial forecasting processes.
  • Ensure proper financial tracking of sponsorships, grants, and revenue sources.
  • Conduct periodic compliance and financial health assessments to support strategic decision-making.

 

Time Commitment

  • 8-12 hours per month

 

Battle Rhythm (Recurring Activities & Deadlines)

Monthly:

  • Submit financial reports and compliance updates to the VP of Finance.
  • Ensure reconciliation of accounts and financial transactions.
  • Participate in Finance Team meetings and Board discussions.

Quarterly:

  • Conduct financial risk assessments and compliance reviews.
  • Work with the VP of Finance to update financial policies and controls.

Annually:

  • Support the creation of the annual budget and ensure alignment with PMI-LA’s strategic goals.
  • Prepare for external audits, tax filings, and regulatory compliance reporting.
  • Conduct Finance Team succession planning to ensure continuity of operations.

 

Preferred Skills & Qualifications

  • Finance and compliance experience in nonprofit or professional organizations.
  • Familiarity with financial software such as QuickBooks, Zoho, or similar tools.
  • Strong analytical, financial risk management, and budgeting skills.
  • Experience overseeing financial policies and ensuring compliance.
  • Ability to lead financial teams and manage volunteers effectively.

 

Role-Specific Security Access

  • Read & Edit Access: Financial records, compliance reports, and transaction logs.
  • Approval Authority: Budget allocations, financial policies, and compliance documentation.
  • Financial Systems Access: QuickBooks, Zoho, bank transactions (view-only), PayPal (for reconciliations).

 

Reports to:  Vice President of Finance

For more information contact the VP of Finance at vpfinance@pmi-la.org