Director of Finance

Summary

Join Foster America as their Director of Finance and play a pivotal role in shaping the organization's financial future. Reporting to the VP of Finance and Operations, you will provide strategic financial leadership and oversight for a $7 million budget. This role encompasses accounting, financial reporting, budgeting, grants management, and audit coordination. You will collaborate closely with senior leadership and the board to ensure financial health and sustainability. The position offers a competitive salary and a comprehensive benefits package, and is fully remote with potential for up to 10% travel. This is an exceptional opportunity for an experienced leader committed to Foster America's mission.

Requirements

• 7 to 10 years of accounting and finance experience (ideally beginning in accounting and audit, then progressing to gathering, evaluating, presenting, and reporting financial information to executive teams and external stakeholders)
• 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
• 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
• 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

Preferred Qualifications

CPA and/or MBA

Benefits

• Medical insurance
• Paid vacation
• Paid parental leave
• Paid holidays
• Commuter benefits
• Participation in a retirement plan
• Paid sick time
• Professional development opportunities
• Competitive salary range of $122,000 - $142,000
• Fully remote position