Director of Finance

Position Title:

Director of Finance Department:
Finance Exemption:
Exempt Supervisor:
Executive Vice President and CFOPay Range: $125-150k

Job Summary:

The Director of Finance plans and directs the day-to-day operations, management, and supervision of staff in the General Accounting, Grant Billing and Receivable, Accounts Payable areas within the Finance Department. This role is responsible for the design and integrity of the accounting, reporting, and control functions; as well as maintenance of records and procedures to adequately safeguard the assets of the Center and all its subsidiary and related affiliates.

The Director of Finance oversees the annual budget process aimed at achieving the overall goals and objectives of the organization.

Responsibilities:

Working with the Vice Presidents, drive the annual budget process to ensure their requests are appropriate with appropriate information to allow detailed analysis throughout the year.

On a monthly basis, identify significant budget variances and provide analysis to implement corrective action plans where necessary.

Provide periodic updates to the Executive Leadership of the Center reviewing their Actual vs Budget performance.

Continuous modifications to the Sage Intacct Accounting Systems, i.e., General Ledger, Accounts Payable, Accounts Receivable, etc. to provide complete and accurate financial and statistical reporting for the end users.

Oversee the preparation of monthly financial statements for New England Center and Home for Veterans & Affiliates.

Consolidate and analyze Center operations and prepare a monthly summary package for distribution to the Finance Committee and Senior Management.

Direct and manage the annual year-end audit (including the UFR, Uniform Guidance, Combined Financials, etc.) working with the Center public account firm. Ensure that all required schedules and footnotes are prepared timely and accurately.

Manage all financial audits of grants/contracts by the various government agencies.

Oversee the preparation of the Center’s annual tax returns, including 990 and Form PC.Design and recommend new or modified Accounting Systems, i.e., General Ledger, Accounts Payable, Accounts Receivable, etc. to provide complete and accurate financial and statistical reporting. Work closely with IT to implement changes or upgrades in existing financial systems, as well as to consolidate complex financial systems.

Oversee the daily cash management process, including cash maximization, reporting, and projections to meeting operating and capital expenditures.

Establish and maintain payment days to vendors, as well as maximize vendor discounts to decrease expenses for the Center where possible.

Maintain constant contact with internal and external stakeholders, including auditors, legal counsel, insurance consultants, brokers, bankers, and administrators.

Keep abreast of all regulations, procedures, and interpretations of the federal and state government, as well as accounting pronouncements and FASB’s. Review, evaluate and establish appropriate controls on proposed Center actions to ensure compliance with those regulations.

Coordinate the billing and collection of all receivables. Ensure that discrepancies are resolved with affiliate organizations in a timely fashion to maximize receipt of cash.

Monitors grant and contract activities to ensure funding is spent in accordance with established guidelines.

Establish goals and objectives for all direct report areas and implement systems to measure success and effectiveness of areas in meeting designated goals and objectives.

Responsible for continual review of Fiscal operations and implementation of streamlined processes where applicable.

Keep Executive Vice President & CFO informed of areas of…