Director of Finance

Join us at The Park Danforth

The Park Danforth is proud to be recognized as the Best of 207 in Senior Living and Assisted Living. We are dedicated to providing exceptional service and care to our residents and fostering a supportive environment for our staff.

Position Summary:

The Director of Finance is responsible for coordinating the financial administration and functions of the organization. This is both a hands-on operational role with recurring duties and a strategic role that contributes analysis and forecasts to inform the organization’s strategic objectives. The role requires a strong leader who can guide and develop a team while maintaining high standards of financial management.

Essential Functions:

• Manage day-to-day financial accounting, cash management, billing, and lease renewal activities, ensuring timely and accurate processes.
• Maintain current accounting procedures and lease renewal manuals.
• Oversee financial controls, including cash receipts, bank reconciliations, payables, credit card management, and internal audits.
• Administer journals, ledgers, trial balances, and account reconciliations.
• Ensure compliance with HUD, MaineCare, and other regulatory requirements, including TRACS and rent roll updates.
• Provide timely analyses and reports to the CEO, Leadership Team, Board of Trustees, lenders, auditors, and other stakeholders.
• Coordinate and oversee annual audits, cost report preparation, Form 990, and other external reporting requirements.
• Lead budget preparation, including operating, capital, and departmental budgets, in collaboration with department leaders.
• Manage lease renewal activities and ensure compliance with the Tenant Selection Plan and HUD guidelines.
• Direct the preparation of financial forecasts and key performance indicators to guide decision-making.
• Supervise and mentor financial team members, including onboarding, training, performance evaluations, and professional development.
• Serve as a financial advisor to the CEO and Board, participating in strategic initiatives and presenting budgets, forecasts, and financial performance.

Other Duties and Responsibilities:

• Ensure adherence to Resident Rights and confidentiality policies.
• Actively contribute to maintaining a safe, clean, and orderly work environment.
• Participate in the organization’s emergency and disaster plans and ensure compliance with HIPAA regulations.
• Perform other duties as assigned by the CEO.

Knowledge, Skills, and Abilities Requirements:

• Bachelor’s Degree in Accounting, Finance, or a related field required; Master’s degree or CPA preferred.
• Minimum of 5 years of experience managing and mentoring teams in a finance or accounting capacity.
• Proven ability to develop and lead high-performing teams while fostering a collaborative work environment.
• Strong knowledge of GAAP and regulatory compliance (e.g., HUD, MaineCare).
• Advanced proficiency in financial software and Microsoft Office Suite, especially Excel.
• Demonstrated experience in financial strategy, budgeting, forecasting, and presenting to executive leadership or Boards.
• Exceptional interpersonal, written, and verbal communication skills.
• High level of integrity, attention to detail, and ability to handle multiple priorities in a fast-paced environment.
• Experience with Fullcount and Intacct a plus

Why Choose Us?

Established in 1881, The Park Danforth has been part of the Portland community for over 140 years. As a nonprofit organization, we focus on the well-being of our residents and staff, creating a workplace where every team member matters.

We are proud to provide our employees:

• Competitive pay: Weekly wages with additional shift differentials.
• Meaningful work: Make a difference in the lives of older adults in our community.
• Collaborative culture: Be part of a team that values cooperation and mutual support.
• Approachable leadership: Enjoy working with a leadership team that is accessible and supportive.
• A close-knit organization: Contribute to the mission of a nonprofit where your work has a meaningful impact on the residents we serve.
• A welcoming atmosphere: Experience a sense of community with friendly interactions and a positive environment.

At The Park Danforth, you’ll find a rewarding opportunity to work with dedicated staff while serving residents who genuinely appreciate your efforts. If this sounds like the right fit for you, we encourage you to apply.