Director of Finance
$95k - $115kIsles , Inc.
Founded in 1981, Isles is a nationally recognized nonprofit community development and environmental organization with the mission to foster more selfreliant families in healthy, sustainable communities. Each year, Isles reaches thousands of central New Jersey residents through programs focused on youth job training, affordable housing development, financial literacy, homeownership counseling, community gardening, environmental health and education, community organizing, and regional planning. Isles provides a wide range of services to the community and is organized into four main Service Areas: Energy and Environmental Health, Community Planning, Workforce Development, and What It’s Like to Work for Isles Isles strives to provide impactful programs while maintaining a healthy work-life balance and a positive, team-oriented atmosphere. Our team consists of about 100+ employees, along with volunteers and an engaged Board of Directors. Position Overview / Description The Director of Finance is responsible for overseeing Isles’ financial operations, accounting, budgeting, payroll, financial reporting, audits, compliance, cash flow, risk management, and internal controls. This position provides financial leadership to support accurate reporting, strong decision-making, and the long-term financial health of the organization. The Director of Finance works closely with Isles leadership, program teams, finance staff, auditors, banks, funders, and the Board of Directors to ensure the organization’s finances are managed responsibly and in alignment with nonprofit best practices. The Director of Finance will manage and support a team of 4 (remote) finance staff who utilize financial systems such as MIP, Microix, Yardi, and our payroll system. The Director of Finance develops, supports or monitors organizational budgeting, forecasting, audit preparation, monitors debt and cash flow, internal controls and ensures compliance with local, state, federal, and funder requirements. Who Will Be Successful The successful candidate will be highly organized, detail-oriented, and comfortable managing multiple financial priorities at once. They should be able to lead with accuracy, confidentiality, and professionalism while working collaboratively with staff across departments. This person should understand nonprofit finance, be confident with financial systems and reporting, and be able to explain financial information clearly to both finance and non-finance audiences. Responsibilities Financial Leadership and Administration Provide high-level leadership and oversight for finance, accounting, risk management, auditing, and compliance processes. Staff leadership through assigning and prioritizing workloads, setting performance expectations, conducting evaluations, and supporting employee development through coaching and mentoring. Ensure that staff are properly trained in financial policies, procedures, and compliance requirements while fostering a collaborative and accountable work environment. Maintain and implement accounting policies, procedures, and internal controls. Ensure accounting principles are followed across financial systems, including accurate trial balances, general ledger reconciliations, fixed assets, journal entries, and financial schedules. Review and post MIP entries, including accounts payable, journal entries, reclassification entries, recurring entries, and entries connected to grant budgets and balances. Oversee non-recurring and recurring entries in Yardi for related entities and property accounts. Manage access and security privileges for financial systems as needed. Review new vendor information, ACH details, W-9 forms, and insurance documentation. Insure accuracy of accounts payable, accounts receivable, payroll, budgeting, and reporting (grants, audits, insurance, etc. Support inter-fund transfers, rent-related entries, and related MIP/Yardi Budgeting and Cash Flow Work collaboratively with Isles management staff to prepare, review, and manage unit, program, grant, and organizational budgets. Compile historical financial data and work with senior leadership to develop the annual organizational budget. Review grant budgets in MIP to ensure new revenue source codes are properly budgeted. Provide grant budget and balance information to support salary allocation and financial planning. Maintain and review cash flow tracking with the Finance Team and Isles leadership. Monitor debt levels, debt service, and compliance with debt covenants, including lines of credit. Provide accurate and trusted financial information to Isles leadership, banks, the Board of Directors, and other internal stakeholders. Prepare and review organizational financial reports, including income and expense reports for units and projects. Manage the production of cash flow reports, debt service reports, budget-toactual reports, projections, and other financial analyses. Review weekly financial reports and identify concerns, trends, or areas that need follow-up. Support annual report financial numbers, calculations, percentages, and graphics as needed. Payroll Process and verify semi-monthly payroll. Post payroll to the general ledger. Maintain payroll and stipend records for audit compliance. Ensure benefit deductions are transmitted as required. Prepare and enter payroll journal entries. Audit, Compliance, and Tax Reporting Lead year-end cleanup and annual audit preparation. Prepare schedules and reconciliations for balance sheet accounts, fixed assets, net assets, PTO accruals, payroll, benefits, 941 reconciliations, and other audit areas. Coordinate the provision of information to external auditors. Support separate audits and supplemental reporting as required. Ensure compliance with local, state, and federal reporting requirements and tax filings. Coordinate annual reports and required filings for Isles and related entities. Process or oversee annual 1099 reporting. Coordinate preparation and submission of tax returns for Isles and related entities. Support DCA audit preparation and other compliance-related requests. Systems, Banking, and Internal Controls Maintain appropriate access and oversight for financial systems and banking platforms. Ensure bank statements and financial records are saved, reviewed, and recorded accurately. Support checks and balances, internal controls, and proper separation of duties within the Finance Team. Work with finance and operations staff on reconciliations, including escrow accounts, CAM reconciliation, and property-related financial activity. Other Duties Participate in regular meetings with leadership, program staff, and finance staff to ensure accurate accounting, reporting, and planning. Build strong working relationships with internal departments, banks, auditors, funders, and external partners. Perform other finance-related duties as assigned to support the organization’s financial health and compliance needs. Qualifications Bachelor’s degree in accounting, finance, business administration, nonprofit financial management, public administration, or a related field required. Relevant experience may be considered. Several years of progressively responsible experience in accounting, finance, nonprofit finance, or a related role. Experience with nonprofit accounting, budgeting, financial reporting, audits, payroll, and compliance strongly preferred. Knowledge of grant budgeting, fund accounting, restricted funding, and Experience using accounting and financial software; experience with MIP fund accounting system and Yardi preferred. Strong Excel skills and proficiency with Microsoft Word, PowerPoint, Outlook, and cloud-based applications. Ability to analyze and interpret financial information, general ledgers, budgets, reports, and reconciliations. Strong attention to detail and accuracy. Ability to organize workload, manage deadlines, and balance competing priorities. Excellent communication, interpersonal, and problem-solving skills. Ability to work independently and collaboratively across teams. Demonstrated ability to maintain confidentiality and professionalism. Commitment to Isles’ mission and the communities it serves. Hours: Full-time, exempt Work Type: Hybrid or in-person, based on organizational needs Salary Range: $95,000–$115,000 annually, commensurate with experience Benefits Includes health insurance, paid time off, retirement plan options, and other benefits offered by Isles. #J-18808-Ljbffr
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