Financial Director - BILINGUAL
$85kEmploYou, LLC
Job Description
Job Description
Position Summary
The Financial Director is responsible for overseeing the organization’s financial operations, ensuring financial stability, transparency, and compliance with all applicable regulations. This role is central to managing financial activities, with a particular focus on healthcare services, grants, donations, and other fundraising revenue streams. The Financial Director collaborates closely with executive leadership, staff, and external stakeholders to strengthen the organization’s financial health, promote effective resource management, and support the organization’s mission and strategic goals.
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree preferred)
- Minimum of 5 years’ experience in financial management or accounting, with at least 2 years in a nonprofit or healthcare setting
- CPA or other relevant certifications preferred
- Strong knowledge of nonprofit accounting, including grant management and fund accounting
- Familiarity with IRS regulations related to nonprofit organizations (e.g., Form 990, 501(c)(3) compliance)
- Proven ability to work with external auditors, board members, and funding agencies
- Strong proficiency in financial software (e.g., PeopleSoft, QuickBooks) and Microsoft Excel
- EHR/EMR Systems
- Bilingual in Spanish
- Valid Texas Driver’s License with acceptable Motor Vehicle Record (MVR) and background check is required
- Oversees the day-to-day financial operations, including accounting, budgeting, financial reporting, payroll and auditing.
- Prepares and presents accurate monthly, quarterly, and annual financial reports to the Board of Directors, Committee Members, and Executive Leadership.
- Ensures timely and accurate financial statements in accordance with generally accepted accounting principles (GAAP).
- Monitors cash flow and develops cash management strategies to ensure the organization can meet financial obligations.
- Develops, monitors, and reports on the organization’s grant and donation budgets.
- Ensures compliance with all terms and conditions of grants and donations.
- Prepares financial reports for donors, funders, and granting organizations.
- Provides detailed financial analysis and projections related to grants and funding.
- Implements and maintains strong internal controls to safeguard assets and ensure financial integrity.
- Oversees preparation and filing of tax returns and other compliance-related documents (e.g., IRS Form 990).
- Leads the annual budgeting process, ensuring alignment with organizational goals and mission.
- Provides ongoing financial forecasting and analysis, highlighting potential risks and opportunities.
- Works closely with department heads to track expenditures and adjust forecasts as necessary.
- Coordinates and manages the annual audit process in collaboration with external auditors.
- Reviews audit results and makes recommendations for improvements in financial practices.
- Ensures timely submission of financial reports to regulatory bodies and funders.
- Contributes to the organization’s strategic planning by providing financial insights and long-term forecasting.
- Assists with identifying funding needs and develops strategies for fundraising and grant acquisition.
- Collaborates with executive leadership on the development of financial strategies to advance the organization’s mission.
- Supervises and mentors the accounting/finance team, fostering a positive and productive work environment.
- Provides training and professional development opportunities for staff to ensure efficient operations.
- Leads efforts to streamline financial processes and improve organizational efficiency.
- Oversees the financial management of healthcare-related revenues, including patient payments, insurance reimbursements, and government funding (e.g., Medicaid, Medicare).
- Ensures proper allocation of costs between program services, administrative expenses, and fundraising to maintain financial transparency and compliance with nonprofit accounting standards.
- Works with healthcare providers and department heads to monitor and control costs, ensuring efficient service delivery while maintaining quality care.
- Stays updated on healthcare-specific financial regulations and ensures compliance with healthcare-related grants, funding, and reimbursement requirements (e.g., HIPAA, Medicaid, Medicare billing).
- Performs other duties, tasks and special projects as assigned.
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