Director of Finance

3 weeks ago

Rockville, United States JLM HR Consulting LLC Full time
Job Overview

Since 1972, Interfaith Works (IW) has been meeting people where they are regardless of their challenges. They provide emergency shelter, supportive housing, essential needs, and employment programs to over 35,000 Montgomery County, MD, residents each year.

The Director of Finance provides leadership and direction to IW regarding all financial matters. This role ensures that IW's business, financial, and grant practices are consistent and in compliance with industry, legal, and ethical standards. The Director oversees the effective management of the accounting and financial reporting functions. This position works in partnership with the Leadership team while managing three Finance team members. The nature of this work requires a Director who can adapt to a continually evolving and deadline-oriented environment.

Financial Management
  • Oversee financial systems, strategies, and activities as well as banking relationships.
  • Develop and implement financial policies and procedures for regulatory compliance.
  • Oversee payroll processing, which includes forecasting and ensuring accounts are properly funded.
  • Responsible for salary forecasting for budgetary purposes and contract management.
  • Oversee the overall month-end closing process in collaboration with the finance team.
  • Act as the custodian of all funds, ensuring proper cash controls are implemented to mitigate risk.
Planning and Strategic Engagements
  • Develop a deep understanding of the business processes, organization, programs, and initiatives of IW to provide strategic financial consulting, modeling, and financial analysis to the leadership team and Board.
  • Work with staff and Board to develop and implement IW budgets, including specific budgets by program.
  • Oversee and lead annual budgeting and planning process in conjunction with the CEO and other Directors; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization's financial status.
  • Oversee and lead the annual budgeting and planning process with the CEO and other Directors and track performance relative to plan.
  • Plan and lead annual audit and 990 preparation in collaboration with an independent audit firm.
  • Periodically lead internal audits to ensure compliance with financial standards and controls.
Qualifications:
  • Bachelor's Degree in a finance-related field and public accounting experience.
  • Minimum 8 years of broad nonprofit finance experience, including experience in gathering and evaluating complex financial information, managing staff as well as multiple funding sources, and making actionable recommendations to the CEO and Board. A detailed understanding of nonprofit finance and cost accounting functions is critical.
  • Experience in a senior financial management role, partnering with senior leadership, resulting in developing and implementing creative fiscal management strategies.
  • Strong leadership skills and ability to collaborate with the leadership team on financial analysis and expense control. Capable of enforcing accountability, and ability to develop and empower leaders from the bottom up and lead from the top down.
  • Strong analytical, communication, and people management skills. IW is a collaborative environment, so understanding cooperative decision-making is important.
  • Ability to interface with existing and new technology trends related to finance and accounting.
  • Strong proficiency with Sage Intacct, Bill.com, Microsoft Excel, and Microsoft Suite.

Physical Demands:

The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Benefits:
Interfaith Works offers a generous benefits package that includes Medical, Dental, Vision, Group Life, Disability and a 401(k) retirement plan with a company match and more

For prompt consideration, kindly submit your resume along with your salary expectations.

Interfaith Works is an equal opportunity employer which values diversity, equity, and inclusion. We are committed to a continued focus on equitable hiring, training, promotional practices, and policies. We are a drug-free workplace and comply with ADA regulations, as applicable.

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