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Director of Finance

Job in Salisbury, Wicomico County, Maryland, 21801, USA
Listing for: Ardmore
Full Time position
Listed on 2026-07-07
Job specializations:
  • Finance & Banking
    Financial Compliance, Financial Reporting
  • Accounting
    Financial Compliance, Financial Reporting
Salary/Wage Range or Industry Benchmark: 100000 - 150000 USD Yearly USD 100000.00 150000.00 YEAR
Job Description & How to Apply Below

This CFO position at Ardmore is both highly strategic and deeply operational. As is common in nonprofit leadership, the role requires hands-on involvement in day-to-day financial and organizational operations while also providing high-level strategic leadership in close partnership with the executive team. We are seeking a hands‑on, mission‑driven CFO to support our growing organization. This role is deal for a financial leader who thrives in collaborative, nonprofit environments.

Accounting

& Financial Operations
  • Personally oversee and participate in month‑end close, including journal entries, reconciliations, and financial statement preparation, while strengthening processes to improve accuracy and efficiency.
  • Review and approve AP/AR transactions, payment runs, and general ledger activity, ensuring compliance with internal controls and nonprofit accounting standards.
  • Manage daily cash flow, banking activity, and investment accounts while developing strategies to maintain liquidity and support organizational growth.
  • Maintain hands‑on responsibility for LTSS/DDA billing, revenue recognition, and collections, while evaluating trends to improve reimbursement performance.
  • Build practical, repeatable workflows for record retention, contract management, and audit readiness.
Budgeting & Financial Planning
  • Develop the annual operating and capital budgets line‑by‑line, working directly with program leaders to align staffing, services, and funding realities.
  • Produce clear monthly budget‑to‑actual analyses, explaining variances and recommending real‑time operational adjustments.
  • Create cash projections and funding models to guide hiring decisions, program expansion, and risk planning.
  • Translate financial data into actionable guidance for non‑financial managers to support responsible spending.
Payroll Oversight & HR Partnership
  • Directly supervise payroll processing, tax filings, and benefit remittances, ensuring staff are paid accurately and on time.
  • Partner with HR on wage and hour compliance, compensation practices, and benefit cost management.
  • Evaluate payroll processes and implement improvements that reduce errors and manual work.
Compliance, Audit & Controls
  • Prepare audit schedules and work papers, serving as the primary day‑to‑day contact for external auditors.
  • Update and enforce internal controls, segregation of duties, and approval processes.
  • Oversee Form 990, DDA cost reports, and other regulatory filings, ensuring deadlines are met without last‑minute fire drills.
  • Monitor insurance, contracts, and risk exposures and recommend practical safeguards.
Leadership & Organizational Strategy
  • Present financial information to the CEO and Board in plain language that supports informed decision‑making.
  • Work alongside a small finance team, rolling up sleeves when needed while coaching staff to build capacity.
  • Identify cost‑saving opportunities and process improvements that balance mission impact with financial discipline.
  • Partner with program directors to evaluate new funding opportunities and service changes from both mission and financial perspectives.
Grants & Contracts Partnership
  • Hands‑on oversight of grant and contract budgets, reporting, and compliance
  • Preparation of funder reports and audit documentation.
  • Cost allocation management aligned with funding rules.
Ideal Candidate
  • Demonstrated experience as a hands‑on CFO or senior financial leader, ideally in a nonprofit or mission‑driven organization.
  • Comfortable operating at both the strategic and operational levels.
  • Strong collaborator with the ability to work effectively across departments.
  • Practical, solutions‑oriented, and willing to engage directly in execution.
  • Committed to the mission and values of the organization.
Education and Experience
  • Bachelor's degree in Accounting, Business Administration, Finance, or a closely related field required;
    Master's degree strongly preferred.
  • Certified Public Accountant (CPA) preferred.
  • Must have a minimum of 10 years of experience in full‑cycle accounting or fiscal management; not‑for‑profit experience strongly preferred.
  • At least 5 years’ experience in accounting or fiscal management in a not‑for‑profit environment funded by Medicaid or…
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