Director of Finance

Overview

Title:

Director of Finance

Supervised by:
Chief Operating Officer

Classification:
Full-time, Salaried, Exempt

Starting Pay: $120,000 per year

Anticipated

Start Date:

July 27, 2026

The Director of Finance serves as a strategic leader in the organization’s stewardship of financial resources. They serve on Jubilee’s Executive Team and oversee the full spectrum of finance and accounting functions, including budgeting, Medicaid billing, pledge and grant accounting, cash and investments management, payroll, accounts payable, financial reporting, and custodial bookkeeping for clients. The Director of Finance champions initiatives that foster efficient and thoughtful accountability for the organization’s resources.

• Leadership and Strategy. Lead Jubilee’s Finance Department, which currently includes a Senior Accountant, Senior Accounting Manager, three Bookkeepers, and a part-time Executive Assistant. Lead in developing, implementing, and evaluating strategic goals related to budgeting and financial management. Serve on the Executive Team and contribute to organizational strategy and leadership. Collaborate with the Executive Team to conduct cost analyses of potential new services or projects, as well as of existing services.
• Budgeting. Lead Jubilee’s annual budgeting process, including providing guidance and materials for departmental budget preparation, preparing the organizational budget in consultation with the Board and executive leadership, and actively monitoring budget performance.
• Accounting. Oversee all organizational accounting, including maintaining the general ledger and ensuring proper classification and recording of expenses, revenue, and assets.
• Accounts Receivable. Oversee all accounts receivable functions, including timely and accurate billing of state and county revenue sources, recording and classifying revenue, reconciling billing and outstanding receivables, and addressing state billing exceptions.
• Accounts Payable. Oversee all accounts payable functions including timely and accurate payments, maintenance of vendor files, allocation and classification decisions, and posting of accounts payable to the general ledger.
• Asset Management. Reconcile and monitor all bank and investment accounts, monitor cash flow, and make recommendations to the Executive Director regarding maximizing investment income. Maintain fixed assets and depreciation schedules and reconcile them to the general ledger.
• Payroll. Ensure timely and accurate bi-weekly payroll processing, including timesheet and leave approvals, proper withholding and benefits accruals, direct deposits, posting to the general ledger, payroll tax reports and payments, coordination with the Human Resources Department, and reporting to relevant Executive Team members.
• Monthly Reporting. Oversee and ensure timely monthly closes and production of financial report package for the Executive Team and Board of Directors, including bank reconciliations, statement of activities, statement of position, liquidity report, departmental reports, and profitability reports by service site. Make recommendations to the Executive Director concerning accounting issues, cash flow issues, and other matters which impact the financial viability of the organization.
• Annual Financial Statement and Audit. Complete fiscal year closings and coordinate the annual financial statement audit with Jubilee’s contracted financial auditor. Address auditor’s recommendations.
• Tax Filings. Ensure timely and accurate submission of all federal and state tax forms and property tax forms. Ensure the timely filing of quarterly 941 payroll tax returns, as well as the MDU unemployment insurance tax returns. Work with the auditor to ensure timely and accurate Form 990 and related annual filings.
• Board of Directors Reporting. In coordination with the Executive Director and COO, support the activities of the Board Finance Committee, and provide materials, reports, and presentations on budgets, accounting, and financial audits to the Finance Committee and full Board of Directors.
• State and County Reporting. Monitor payments and payment formulas for all State and…