What are the responsibilities and job description for the Director of Finance position at Impact Life?
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:
Qualifications:
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
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, ROTH 401K)
- Paid Time Off
- 11 Paid Holiday's Yearly
- Training & Development
- Wellness Resources
