Director of Finance
Company: Impact Life
Location: Wilmington
Posted on: November 13, 2024
Job Description:
Position Overview:Impact Life, a respected nonprofit
organization operating Statewide throughout Delaware, is seeking an
experienced Director of Finance to join our team. This hybrid role
provides an excellent opportunity for a finance professional
skilled in nonprofit financial management, grants compliance, and
budget oversight. Working closely with the CEO and COO, the
Director of Finance will be responsible for ensuring the
organization meets its financial obligations, manages resources
effectively, and supports Impact Life's mission through sound
financial planning.Key Responsibilities:
- Financial Operations: Oversee budgeting, forecasting, financial
reporting, and cash flow management, ensuring the organization
meets its financial commitments and aligns resources with strategic
goals.
- Collaboration with Leadership: Work in partnership with the CEO
and COO to provide financial insights that drive organizational
decision-making, aligning financial strategies with Impact Life's
mission.
- Grants & Compliance Management: Lead federal grants management
to ensure compliance with all financial and regulatory
requirements; work with program managers on grant reporting, budget
modifications, and federal funding opportunities.
- Contract & Agreement Oversight: Manage contracts and
agreements, ensuring terms and conditions are met and aligning them
with organizational policies and goals. Experience in negotiating
payor contracts is a plus.
- Audit & Financial Compliance: Support the annual audit process,
ensuring accurate financial records and compliance with applicable
laws and regulations.
- Team Leadership: Supervise and mentor the finance team,
fostering professional development and promoting operational
efficiency.
- Financial Processes: Oversee payroll, accounts payable,
accounts receivable, and other financial operations to ensure
timely, accurate processing and adherence to nonprofit accounting
principles.Qualifications:
- Minimum of 5 years of financial management experience in the
nonprofit sector, with a focus on contract and grant
management.
- Strong track record in financial operations for nonprofits,
including budgeting, forecasting, and compliance.
- Knowledge of GAAP and nonprofit accounting principles.
- Ability to work collaboratively within a hybrid environment,
effectively communicating financial concepts to leadership and
non-financial staff.
- Bachelor's degree in Accounting, Finance, or a related field;
CPA or advanced degree in finance is preferred.
- Proficiency with accounting software (e.g., QuickBooks, Sage
Intacct) and systems management.Benefits:
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, ROTH 401K)
- Paid Time Off
- 11 Paid Holidays Yearly
- Training & Development
- Wellness ResourcesApplication Deadline: November 22nd, 5:00 PM
EST
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Keywords: Impact Life, Washington DC , Director of Finance, Executive , Wilmington, DC
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