Description
Job Title:
Director of Finance
FLSA Status:
Full-Time/Salaried/Exempt
Reports To:
Chief Executive Officer
Location:
Hybrid
Position Summary
The Director of Finance serves as Growing Hope's senior financial leader and is responsible for the integrity, sustainability, and continuous improvement of the agency's financial function. This role owns financial operations, accounting, budgeting, forecasting, cash management, grant and contract financial oversight, financial compliance, internal controls, and board reporting.
The Director provides more than accurate historical reporting. This position analyzes trends, builds financial models, evaluates cost allocation and program sustainability, identifies risks and opportunities, and translates financial information into clear recommendations for the Chief Executive Officer, Executive Team, program leaders, and Board of Directors.
The Director is also expected to strengthen the agency's financial infrastructure by challenging processes, enhancing reporting, finding efficiencies, and evaluating whether current accounting systems and related technology are meeting organizational needs. This role partners closely with the agency leader responsible for data, information technology, systems, and organization-wide operations; it does not own HR, employee relations, or broader agency operations.
Why This Role Matters
Growing Hope relies on diverse funding sources, including government contracts, grants, Medicaid-related revenue, and private support. Strong financial leadership ensures the agency can understand the true cost of services, make informed staffing and program decisions, remain compliant with funder requirements, and plan responsibly for growth. This role creates the financial clarity and infrastructure needed for leaders to act proactively and strategically.
Key Responsibilities:?Financial Leadership &
Strategic PlanningOwn responsibility for the overall financial health, integrity, and sustainability of the agency. Proactively identify financial risks, emerging trends, and opportunities, and bring clear recommendations to the Chief Executive Officer and Executive Team.Develop multi-year financial forecasts, cash projections, scenario models, and sustainability analyses to support organizational strategy, program growth, staffing decisions, and new initiatives.Build financial models that help leadership understand the impact of changes in funding, reimbursement, staffing, program capacity, indirect costs, and service delivery.Analyze monthly and year-to-date financial performance against budget, forecast, prior periods, and key operational drivers. Explain material variances and recommend corrective action.Accounting & Financial Operations
Oversee all day-to-day accounting functions, including accounts payable, accounts receivable, billing, payroll accounting, bank reconciliations, general ledger maintenance, journal entries, and month-end and year-end close.Ensure financial records are accurate, complete, timely, and maintained in accordance with generally accepted accounting principles, nonprofit accounting standards, and agency policy.Establish and enforce a reliable monthly close calendar, account reconciliation process, documentation standards, and review procedures so leadership receives consistent and timely information.Maintain an effective chart of accounts, class and program structure, and coding methodology that allow the agency to accurately understand revenue, expenses, restrictions, programs, funding sources, and administrative costs.Oversee cash management, banking relationships, liquidity planning, and cash flow forecasting to ensure the agency can meet current obligations and anticipate future needs.Maintain complete financial policies, standard operating procedures, desk guides, and documentation so critical processes are consistent, auditable, and not dependent on one individual.Budgeting, Cost Allocation & Program Finance
Lead the annual agency budgeting process and develop realistic organizational, departmental, program, grant, and contract budgets in partnership with leadership.Maintain rolling forecasts throughout the year and update assumptions as revenue, staffing, utilization, reimbursement, or program conditions change.Evaluate the financial performance and sustainability of programs, contracts, and service lines. Identify underfunded work, structural deficits, reimbursement concerns, and opportunities for improved cost recovery.Partner with program leaders to develop financial projections, staffing models, break-even analyses, and recommendations before expanding, reducing, or launching services.Grant, Contract & Revenue Financial Management
Own the financial administration of grants and contracts, including budget development, expense tracking, invoicing, reimbursement requests, financial reporting, budget modifications, and closeout.Monitor restricted and unrestricted funds and ensure revenue and expenses are recorded and reported in…
