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Finance Director

Company: Southern Maine Agency on Aging
Location: Scarborough
Posted on: February 26, 2021

Job Description:

Join our team and take part in our mission of helping older adults, adults with disabilities, and their caregivers. This is a tremendous opportunity for a finance and operations leader to strengthen the capacity of a well-respected, high-impact organization. The successful candidate will be a hands-on and participative Director at SMAA and will lead finance, business analytics, and budgeting. The Director will report to and work closely with the CEO, and will partner with the leadership team and the Finance Committee of the Board of Directors to develop and implement strategies across the organization. The Finance Director will ensure that SMAA has the systems and procedures in place to support effective program implementation and conduct flawless audits. The Finance Director will lead all day-to-day finance operations, and oversee all compliance and recognition for government (federal and state) grants and private foundation grants. The Director manages a Staff Accountant and has responsibility over accounting, accounts payable, accounts receivable, payroll, and grants management. Responsibilities

  • Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; oversee all financial, project/program and grants accounting
  • Coordinate and lead the annual audit process. Liaise with external auditors and the Finance Committee; assess any changes necessary
  • Oversee and lead annual budgeting and planning process in partnership with the leadership team
  • Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
  • Maintain internal controls and safeguards for receipt of revenue, costs, and program budgets and actual expenditures
  • Serve as primary liaison on treasury functions and banking relationships Business Planning
    • Proactively develop financial business plans and forecasts
    • Manage organizational cash flow and forecasting by working in partnership with managers. Continuously collaborate with senior leadership to assess the financial efficacy of program operations and strengthen current finance systems to support program operations
    • Manage and track the performance of invested assets in keeping with policies and investment guidelines
    • Remain up-to-date on nonprofit audit best practices and state and federal law regarding nonprofit operations. Keep the Finance Committee up to date regarding issues and trends in financial operating models and delivery
    • Update and implement all necessary business policies and accounting practices; improve the accounting department's overall policy and procedure manual Grants Management
      • Implement a robust grants management and fee-for-service reporting system; ensure that the billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements
      • Ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government and foundation grants Leadership & Communications
        • Effectively communicate and present critical financial matters to the senior leadership team and the Board of Directors
        • Work closely and transparently with all external partners including third-party vendors and consultants
        • Administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization's financial status
        • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment
        • Serve as a strategic advisor to the CEO, Board and leadership on operational assessments and strategic initiatives
        • Monitor, assess and communicate the impact of regulatory changes and participate in response coordination Qualifications
          • Minimum of a BA, ideally with a CPA/MBA or related degree
          • 7-10+ years' experience in financial management
          • A successful track record in setting priorities
          • Highly organized, with strong time management skills
          • Strong analytic, organization and problem-solving skills which allows for strategic data interpretation and sound decision-making versus simple reporting
          • A multi-tasker with the ability to wear many hats in a fast-paced environment
          • Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders
          • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments
          • Ability and desire to translate complex financial concepts to individuals and effectively collaborate with teammates
          • Track record in grants management a plus
          • Exercise a high degree of integrity in managing confidential and sensitive information
          • Ideal candidate has experience of final responsibility for the quality and content of all financial data, and reporting and audit coordination for either an entire organization or significant program area Competitive wages and benefits. Please send a cover letter and recent resume by e-mail to Please note, applications without a cover letter will not be considered. Or mail to: Job Posting
            Southern Maine Agency on Aging
            136 U S Route One
            Scarborough ME 04074

Keywords: Southern Maine Agency on Aging, New England , Finance Director, Accounting, Auditing , Scarborough, Northeast

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