Leadership Learning Lab: Financial Leadership I - Fundamentals of Financial Leadership
Virtual Live Class | Available
Let’s be honest, no (or very few) nonprofit leaders join their organizations because they enjoy accounting. But, like it or not, management staff and board members must understand the financial drivers of their organization. This workshop introduces and engages participants in an in-depth discussion around the tenets of financial leadership and how organizations can embrace them. We’ll discuss how best to staff the finance function and the different roles and responsibilities between staff and board members. Lastly, we’ll discuss accounting policies and procedures and internal controls, offered in an easy-to-implement manner.
Following this session, participants will understand:
- Their role as financial leaders within an organization.
- The different levels of activities within the finance function of an organization and options for staffing.
- The purpose of internal controls and key aspects to ensure accuracy of financial information.
- How to read the Statement of Financial Position and Statement of Activities.
FACILITATOR BIO:
Steve D. Zimmerman, CPA, MBA (him/his)
Spectrum Nonprofit Services, LLC
Steve Zimmerman serves as the principal of Spectrum Nonprofit Services. His extensive nonprofit experience includes serving as a chief financial officer, development director, and associate director at community-based nonprofits, where he performed turnarounds resulting in increased financial sustainability and programmatic reach.
Steve Zimmerman is a co-author of The Sustainability Mindset: Using the Matrix Map to Make Strategic Decisions with Jeanne Bell and the bestselling book Nonprofit Sustainability: Making Strategic Decisions for Financial Viability with Jeanne Bell and Jan Masaoka. The books highlight Spectrum Nonprofit’s integrated approach to nonprofits, which balances mission impact and financial viability.
Additionally, Steve’s writing has been featured by Nonprofit Quarterly, BoardSource, and Harvard Business Review, and he contributed the strategy chapter to Wiley’s Nonprofit Management 101. He is a sought after trainer and speaker on adaptive strategy, business models, and revenue strategy for nonprofits.