Reporting to and partnering with the President & CEO, the Director of Finance and Administration (DFA) is a key member of the RaisingHealth Leadership Team. The DFA will lead and collaborate, in alignment with RaisingHealth mission, goals, and values. As a member of the Executive team, the DFA will provide strategic direction and oversight and will oversee all fiscal and fiduciary responsibilities, working closely with the Board of Directors and the Board’s Finance Committee.
While this positing is listed as contracted, with both remote, and in-office work options, we are willing to discuss an arrangement that works best for both RaisingHealth and the right candidate, including part-time, full-time employment, contracted, hybrid, and/or fully remote.
Duties
- Leads the financial management strategy for RaisingHealth, ensuring the preparation of accurate financial statements, budgets, forecasts, and compliance with financial regulations and agreements.
- Collaborates with organizational leadership to create comprehensive budget forecasts, incorporating current and anticipated grant funding.
- Analyzes historical financial data and organizational trends to make informed projections and ensure fiscal sustainability.
- Advises on the reallocation of resources to optimize the use of restricted and unrestricted funds, ensuring long-term financial health.
- Helps align non-profit program goals with sustainable financial practices.
- Conducts regular financial health assessments, identifying risks, opportunities, and strategies to enhance grant utilization and revenue generation.
- Advises on strategic financial planning, assisting in the development of multi-year funding plans that account for fluctuating grant cycles and program needs.
- Leads recurring financial needs such as grants and contract management, running payroll, processing payments for contractors, and AR/AP.
- Manages the financial aspects of grant initiatives and program funding by managing budgeting, creating reports, and evaluating internal reporting systems.
- Oversees and manages the allocation of grant funds, ensuring expenditures align with the specific guidelines and restrictions of each funding source.
- Provides detailed expenditure reports to stakeholders, demonstrating proper use of grant funds and addressing any discrepancies or misallocations.
- Implements best practices and internal controls to ensure sound financial management and risk oversight across RaisingHealth, while establishing and controlling budgets across all departments.
- Provides and oversees accounting, auditing, and tax filing activities, assisting with strategic financial decisions as they arise.
- Assists with administrative responsibilities, leads and assists the team with office management responsibilities, as needed.
Requirements
- Possess, at minimum, a Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree (MBA, MPA, or related) or a CPA is strongly preferred.
- 5-10 years of minimum experience in financial management, with at least 3 years in a leadership role within the non-profit sector.
- Proven track record of managing multi-million-dollar budgets, overseeing grant-funded projects, and ensuring compliance with financial reporting requirements.
- Experience working with a Board of Directors and senior leadership teams to provide financial insights and strategic guidance.
- In-depth understanding of non-profit financial management, including GAAP standards, regulatory compliance for 501(c)(3) entities, audit management, and donor-restricted funds.
- Strong analytical and negotiation skills to evaluate complex financial data and manage agreements with funders.
- Demonstrated technical proficiency with non-profit financial management software (e.g., QuickBooks, Blackbaud Financial Edge, Sage Intacct).
- Advanced Excel skills for complex financial analysis and forecasting.