Sr. Director of Finance

ABOUT JEREMIAH PROGRAM

Jeremiah Program (JP) is a nonprofit organization helping single mothers invest in themselves so they can thrive and take steps towards economic mobility by helping them access higher education, affordable childcare, housing, skills training and career development. JP envisions a world where poverty is no longer feminized; where race is not divorced from gender; where career and financial opportunities are not gentrified; and where women who experience poverty not only hold a seat at the table but hold the mic and curate the agenda.

Jeremiah Program offers one of the nation’s most successful strategies for disrupting poverty, two generations at a time. At JP, we believe that no mother should have to make the untenable choice between investing in herself or supporting her children. Our holistic approach invites single mothers into the leadership tent and encourages families to bring all their identities to bear in achieving their goals in pursuit of economic mobility.

Founded in 1993, this year JP is supporting over 2,000 moms and kids across nine residential and non-residential campuses: Austin, Baltimore, Boston, Brooklyn, Fargo, Las Vegas, Minneapolis, St. Paul, and Rochester.

POSTION SUMMARY

Reporting to and partnering closely with the Chief Financial Officer, the Sr. Director of Finance plays a critical role in shaping and executing the organization’s financial strategy. The Sr. Director of Finance serves as a financial leader within the organization, providing strategic expertise and guidance to the senior leadership team. This role is instrumental in ensuring compliance, mitigating risks, and driving the organization’s financial health through robust budgeting, forecasting, and analytics. By offering actionable insights, the Sr. Director of Finance empowers leadership to identify potential challenges and capitalize on opportunities.

The role demands innovation and a forward-thinking mindset to enhance operational efficiency and effectiveness, while also driving profitable business growth. Key responsibilities include operationalizing global systems and processes, advising leadership on strategic decisions related to cost management, cash flow analysis, and margin improvement and leading their own dynamic team of four full-time staff members.

PRIMARY RESPONSIBILITIES

• Lead the financial planning, analysis, and reporting processes for the organization
• Assess the financial impact of business decisions in partnership with business managers while developing financial analysis
• Build trusted partnerships with senior leaders and the finance team
• Integrate the long-term strategic business plans into the budget, forecast, and actual operations.
• Ensure that financial objectives are met by working with budget managers on measuring and reporting out results, providing insights into probable outcomes, risks, and opportunities
• Promote a team culture of collaboration, high performance, and continuous improvement that values learning and a commitment to quality
• Oversee the preparation of annual and multi-year budgets, along with consolidating financial statements for multiple legal entities
• Establish and maintain excellent relationships and service with our campus and central service environment
• Provide supervision over the financial accounting operations: G/L preparation, A/P, payroll, bank reconciliations, income recording, cash receipts and disbursements, credit card management
• Maintain banking relationships and provide cash flow, capital, investment analysis, and reporting
• Oversee the annual audit and serve as primary liaison with the independent auditors
• Work with outside accountants to prepare IRS form 990s annually
• Oversee the organization’s 403(b) retirement plan and annual audit
• Monitor investment portfolio for the organization
• Administer contracts with outside organizations and with vendors
• Develop a strong internal control environment, annually review financial policies and procedures, and maintain a continuous improvement environment
• Ensure compliance with GAAP, and regulatory requirements along with compliance with Federal and State regulations for revenue compliance, funded capital construction, and program projects
• Strengthen controls and identify cost-saving opportunities that provide greater incremental insight into spending and identifying opportunities
• Improve the reporting needs of stakeholders, including fundraising monitoring, grants management of restricted/unrestricted funds, and project/event cost reports
• Oversee internal auditing, including monthly expense report spot audits, vendor inefficiencies, etc.
• Collaborate with CFO in the development of tools to create and support new funding strategies and exploring private economic development opportunities in housing and child development center
• Other Duties as Assigned: This job description provides a comprehensive overview of the role's responsibilities, but it's important to note that duties, responsibilities, and activities may evolve with or without prior notice.
• Supervisory Responsibilities: Directly manages a team of four including Assistant Controller, Finance Manager, Revenue Accountant, and Staff Accountant.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

The ideal candidate for the Senior Director of Finance position is a dynamic and experienced financial leader with a proven track record of managing complex financial operations within a multi-site national organization. They are strategic, innovative, and committed to advancing the mission of the organization by ensuring financial sustainability and operational excellence.

• Bachelor’s degree in accounting and CPA or MBA (Master a plus)
• 7+years of financial leadership experience working across multiple financial areas: financial planning, investment, reporting, audit, and controls
• 5+ years of managing a professional finance staff
• Experience working in a national nonprofit organization with a budget in excess of $10 million
• Experience with complex accounting transactions related to owning multiple properties and working with property management companies
• Experience working in a multi-site national organization preferred
• Strong experience with financial systems such as Sage Intacct, Workday Adaptive Insights, and Black Baud Financial Edge NXT
• Ability to communicate complex financial concepts to individuals at all levels of the organization
• Ability to work effectively and accurately under pressure, meet deadlines and manage competing priorities
• Inspiring and experienced leader, team-builder, and people manager; able to serve as a mentor and role model of excellence for staff and to ensure a culture of innovation, collaboration, and accountability
• Demonstrated interpersonal and communication skills, with a passion for collaborating with people and teams based in various office locations and/or working remotely
• Ability to work effectively with and relate to diverse populations
• Passionate about the mission of the organization and understands the realities of the nonprofit sector
• Applicants currently engaged with JP in any other capacity, such as Empowerment & Leadership Facilitator, Board Member, JP Fellowship participant, or similar roles, are not eligible to accept an offer of employment while actively involved in those programs. If you are interested in employment opportunities, please alert your program leader immediately
• JP alumni must be at least six years post-graduation to apply for employment at JP, ensuring confidentiality between staff and current participants