Director of Finance and Accounting

Position: Director of Finance and Accounting

About Community Bible Study

Community Bible Study (CBS) is an interdenominational Bible study for the community. We offer a wide range of courses in classes around the world, with over 1.3 million participants in 126 countries, 101 languages (and counting!), and 77,000 dedicated volunteers.  CBS fosters a welcoming environment for people from all backgrounds and levels of Bible knowledge.

Since 1975, CBS has been helping people - from children to seniors - to grow in their knowledge and love of Jesus Christ.

CBS Mission Statement: To make disciples of the Lord Jesus Christ in our communities through caring, in-depth Bible study, available to all.

CBS Vision Statement: Transformed Lives Through the Word of God

CBS Five Essentials: Individual Study, Encouraging Discussion, Effective Teaching, Insightful Commentary, Caring Community

CBS Core Values: Prayer, Trusting in God's Provision, Excellence, Integrity, Transparency, Servant Leadership

Position Description

The Director of Finance and Accounting is responsible for directing the fiscal functions of the ministry in accordance with generally accepted accounting principles (GAAP) issued by the Financial Accounting Standards Board (FASB) and other regulatory and advisory organizations, and in accordance with non- profit financial management techniques and best practices appropriate to the size, nature, world-wide reach, and complexity of Community Bible Study. The Director works in a collaborative partnership with team members and ministry leadership, at all levels, and in the context of the CBS culture and values, to achieve the goals of the ministry. 

Responsibilities

Leadership & Team Development

• Lead, communicate, support, develop, and inspire the finance/accounting team.

Systems, Tools & Process Improvement

• Manage the financial/accounting systems, continually innovating to ensure the systems meet the needs of the ministry efficiently and effectively.
• Evaluate and integrate emerging technologies into financial systems and processes, applying thoughtful implementation and appropriate experimentation.

Financial Operations & Policies

• Develop and maintain appropriate policy and procedure statements for all CBS financial functions.
• Oversee month-end close, including reconciliations and timely, accurate reporting.
• Prepare and review ministry financial statements (income statement, balance sheet, and cash flow) in accordance with GAAP.
• Maintain oversight of the general ledger and chart of accounts to support consistent reporting and ministry decision-making.
• Ensure continuous improvement of financial processes, policies, financial literacy, and financial competence throughout the ministry.

Compliance & Governance

• Ensure the ministry follows all internal financial policies and relevant regulations, and ensure filings are completed in a timely manner.
• Establish and maintain strong internal controls, including appropriate approval workflows and segregation of duties.

Audit & External Reporting

• Oversee the annual external audit, review, and analyze results, and recommend for approval.
• Manage all required financial filings (5500, 990, etc.), ensuring that filings are accurate and timely.
• Ensure appropriate revenue recognition and accurate tracking/reporting of restricted and unrestricted funds.
• Oversee grant-related financial compliance and reporting, as applicable.
• Work with all internal constituents to ensure that donations are handled legally, accurately, and ethically.

Global & International Finance Support

• In cooperation with the CBS Field Ministry, ensure that international financial transactions are accomplished in a timely manner, in accordance with applicable laws, regulations, and best practices.
• Seeking opportunities to connect and learn with finance leaders from like-minded non-profits.
• Ensure finance systems are reviewed, gaps identified, and new solutions are recommended to maintain systems at appropriate levels to support the growing global ministry.
• Maintain primary contact with the Evangelical Council on Financial Accountability, ensuring compliance with all requirements and successful completion of the annual ECFA audit.

Treasury, Banking & Cash Management

• Develop a cash flow projection and reporting process that meets ministry operating needs.
• Optimize the handling of bank and deposit relationships and cash management strategies.
• Maintain oversight of treasury activities, including banking access, funds movement, and appropriate approvals.

Reporting, Visibility & Decision Support

• Develop and prepare appropriate monthly and quarterly ministry visibility (reports, dashboards), including results and analysis, for all levels of the ministry.
• Deliver clear, timely financial reporting for ministry leadership and the Board of Trustees, including a consistent reporting cadence and variance insights.

Budgeting, Forecasting & Financial Planning

• In cooperation with ministry leaders, design, improve, and lead the annual budget process.
• Provide regular forecasting and variance reporting to support timely decisions and stewardship.
• Provide financial modeling and analysis expertise as needed.
• Provide technical and strategic financial leadership, establishing credibility throughout the ministry and with the Board of Trustees (and subcommittees thereof) as an effective listener and collaborative developer of solutions to ministry challenges.

Qualifications

CBS expects every employee to have a deep and growing relationship with Jesus Christ, as evidenced by a strong, clear personal testimony and a lifestyle that reflects spiritual maturity and intimacy with God. Belief in and adherence to the CBS Statement of Faith, and a meaningful commitment to the Mission, Vision, and Core Values of CBS, are also required.

For this position, we are looking for someone with the following qualities, experience, and abilities:

Required Qualifications

• 6-8 years of progressive experience in accounting and finance.
• Licensed CPA; a strong plus
• Minimum of 3 years of supervisory experience (nonprofit experience preferred).
• At least 3 years of experience managing international financial transactions.
• Strong knowledge of nonprofit accounting practices, regulations, and compliance requirements.
• Proficiency in fund accounting principles, financial systems, and reporting methodologies.

Skills and Competencies:

• Proven project management experience, with the ability to define scope, manage timelines, and track strategic initiatives to completion.
• Strong interpersonal and communication skills, with the ability to collaborate effectively across a global ministry of employees and volunteer leaders.
• High level of technical proficiency with Microsoft Office and financial systems, including accounting, donor management, and expense platforms. NetSuite experience is a strong plus.
• Strong attention to detail with the ability to independently manage workload and follow through on assignments accurately and efficiently.
• Experience implementing or reengineering scalable financial processes and supporting technologies.
• Ability to lead through change and support organizational strategic initiatives.
• Strong business acumen with sound judgment and decision-making capabilities.
• Self-starter who demonstrates initiatives and proactively identifies opportunities for improvement.
• Familiarity with or prior involvement in Community Bible Study (CBS) as a leader or class member is preferred.

Other

• This is a full-time position, reporting to the Chief Operating Officer
• Work Location: CBS Ministry Service Center, Colorado Springs, Colorado.
• Some overnight and weekend travel may be required two or three times per year.
• Weekend or evening work will be required periodically based on workflow and deadlines.

Starting Salary Range

• Annual salary range: $110,000 - $120,000

Benefits Offered

• Starting at four weeks of paid vacation and four weeks of paid sick leave annually
• Paid holidays, including your birthday
• 403(b) retirement plan with a 5% match
• Medical, dental, and vision insurance
• Employer-paid disability and life insurance