Director of Finance and Accounting

Director of Finance

Communities First, Inc. is a Michigan based nonprofit 501c3 whose mission is to build healthy, vibrant communities through economic development, affordablehousingand innovative programming. CFI is focused on providing safe, quality, affordable housing, increasing economic opportunities, and improving the quality of life of the populations that the organization serves.

The director of Foinane is responsible forthe financial leadership, oversight, and fiscal integrity of Communities First, Inc. This positionprovidesstrategic financial guidance to the President and CEO, senior leadership, and the Board of Directors tosupport sound decision-making and sustainable organizational growth.

The Director of Finance oversees financial planning, accounting operations, financial reporting, compliance, and grant financial management. The role ensures adherence to nonprofit financial best practices, Uniform Guidance, and Generally Accepted Accounting Principles (GAAP).

• Provide leadership and oversight of all organizational financial operations, including general ledger, accounts payable, accounts receivable, payroll oversight, and financial reporting.
• Ensure adherence to established accounting cycles and financial reporting deadlines.
• Monitor organizational cash flow and maintain strong financial controls.
• Develop, implement, and maintain financial policies and procedures.
• Ensure compliance with Uniform Guidance, GAAP, and nonprofit financial standards.
• Identify and implement strategies to minimize financial risk.
• Supervise, lead, and support finance staff and consultants as needed.

• Develop tools and processes to track and monitor grant expenditures and ensure compliance with funder requirements.
• Develop and manage grant budgets and assist in budget revisions as needed.
• Oversee financial reporting requirements for public and private funders.
• Ensure systems are in place to track eligible expenses and maintain compliance.
• Oversee preparation for financial monitoring or audits conducted by funding agencies.
• Collaborate with leadership to evaluate funding opportunities and develop financial projections for new grants or funding streams.

• Lead the development of the annual organizational budget in partnership with executive leadership and department leaders.
• Develop and monitor financial forecasts and long-term financial planning.
• Provide financial modeling and analysis to support organizational strategy and decision-making.
• Partner with housing and real estate leadership to review property-level financial performance and long-term asset management planning.
• Analyze financial trends and provide insights to support organizational growth.

• Oversee the preparation and review of monthly organizational financial statements.
• Prepare financial reports for executive leadership and the Board of Directors.
• Support department leaders with financial reporting related to program and funder budgets.
• Manage the annual audit process and serve as the primary liaison with external auditors.
• Ensure timely preparation of all required financial documentation for audits and regulatory filings.

• Serve as a member of the Senior Leadership Team.
• Provide financial analysis and recommendations to support strategic initiatives.
• Participate in Board of Directors meetings and support the Board Finance Committee.
• Provide financial insights to support new initiatives, partnerships, and growth opportunities.

• Nonprofit accounting experience preferred.
• Real estate or asset management financial experience is strongly preferred.
• Knowledge of partnership taxation and tax compliance preferred.
• Minimum of three years of progressively responsible leadership experience in finance or accounting.
• Advanced proficiency in Microsoft Excel and financial software such as Quick Books or similar systems.
• Ability to synthesize complex financial data and communicate insights clearly.

• Demonstrated proficiency with financial…