Foster America is hiring a
Director of Finance

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Foster America

πŸ’΅ $122k-$142k
πŸ“Remote - United States

Summary

Join Foster America, a nonprofit organization transforming the way our nation supports families, as we seek a Director of Finance to play a critical role in our next chapter of impact. The successful candidate will provide strategic financial leadership and oversight for Foster America's $7 million budget, overseeing all aspects of accounting, financial reporting, budgeting, grants management, and audit coordination.

Requirements

  • 7-10 years of accounting and finance experience with a background in accounting, audit, and financial reporting
  • Experience in a complex nonprofit with multiple programs
  • BA required; CPA and/or MBA preferred
  • Strong knowledge of GAAP, audit procedures, and grants management
  • Familiarity with technology with experience in accounting and reporting software
  • Excellent communication and interpersonal skills
  • Ability to translate complex financial concepts to diverse audiences
  • Demonstrated leadership and strategic thinking skills

Responsibilities

  • Serve as a strategic financial advisor to the leadership team, providing insights and recommendations to support decision-making
  • In collaboration with the VP of Finance and Operations, support the annual budgeting and forecasting process, working collaboratively with program leaders to develop, monitor, and adjust budgets
  • Oversee cash flow management to ensure adequate liquidity
  • Analyze financial data to identify trends, opportunities, and risks
  • Develop financial models and analyses to support Foster America's fundraising goals
  • Represent the organization in financial matters with external stakeholders including auditors and bankers
  • Stay abreast of financial regulations and best practices in the nonprofit sector
  • Oversee all financial systems, ensuring compliance with GAAP and regulatory requirements
  • Prepare accurate and timely month- and quarter-end close reports and supporting data
  • Manage accounts payable and receivable, payroll, and grants administration, including compliance and reporting
  • Maintain vendor records and contracts
  • Ensure compliant invoice and expense payments
  • Manage consultant contracts and process related documents
  • Oversee credit card, program participant disbursement and reimbursement procedures
  • Develop and implement financial policies and procedures to improve efficiency and internal controls
  • Supervise the accounting contractor
  • Track active contracts and schedule alerts
  • Coordinate and oversee the annual audit process, ensuring smooth and successful engagement with external auditors
  • Prepare audit schedules and supporting documentation
  • Address audit findings and implement recommendations for improvement

Benefits

  • Competitive salary range of $122,000 - $142,000
  • Comprehensive benefits package including medical insurance
  • Paid vacation
  • Paid parental leave
  • Paid holidays
  • Commuter benefits
  • Participation in a retirement plan
  • Paid sick time
  • Professional development opportunities

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