Director of Finance

Position Summary: Reporting to the Executive Director, the Director of Finance assumes responsibility for overseeing all financial and accounting operations within the HRA and its associated entities. This pivotal role involves executing a spectrum of professional accounting duties, providing guidance and supervision to departmental staff, establishing efficient financial systems and procedures, ensuring compliance with regulatory standards, and maintaining accurate financial records in accordance with Generally Accepted Accounting Principles (GAAP) and organizational policies.

Key Responsibilities:

Financial Management:

• Oversee the development and implementation of accounting policies, ensuring compliance with regulatory requirements.
• Maintain accurate financial records in accordance with state, local, and federal regulations.
• Prepare, review, and present financial statements and analyses to the Senior Management Team and Board of Commissioners.
• Manage cash flow effectively and coordinate banking and investment activities.
• Collaborate with departmental heads and the Executive Director to develop annual operating and capital budgets.

Legal and Regulatory Compliance:

• Ensure compliance with tax obligations and facilitate financial audits.
• Address recommendations arising from audits to enhance financial practices.
• Uphold best practices in accounting and financial management for public agencies and nonprofits.
• Ensure proper segregation of duties and establish secure payment processing systems.

Departmental Leadership:

• Serve as a member of the Senior Management Team.
• Conduct evaluations of departmental operations and recommend improvements.
• Recruit, mentor, and evaluate staff, fostering professional development.
• Attend and provide reports at HRA Board meetings as necessary.

Minimum Qualifications:

• Bachelor's degree in Accounting; Master's degree in Business Administration or CPA certification preferred.
• Minimum seven years of relevant accounting or business management experience, preferably in nonprofit or government sectors.
• Familiarity with Massachusetts procurement regulations.
• Proficiency in Microsoft Office Suite and database software.
• Valid driver's license and access to reliable transportation.

Additional Qualifications:

• Strong understanding of statutory reporting standards and operational accounting.
• Proficiency in GAAP and financial administration principles.
• Ability to interpret and apply complex regulations.
• Excellent communication and leadership skills.
• Demonstrated ability to manage multiple processes and meet deadlines.

Benefits:

• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Tuition reimbursement

Experience Level:

• 7 years

Schedule:

• Monday to Friday

Work Location:

• Hybrid