Assistant Director of Finance

Job Details Job Location: Wilmington, DE 19801 Position Type: Full Time Department: Finance Reports To: Chief Financial Officer FLSA Status: Exempt Employment Type: Full-Time Location: On-Site Compensation: Commensurate with experience, and comprehensive benefits package Position Summary: The Assistant Director of Finance position is designed to work closely with, and be mentored by, the organization’s Chief Financial Officer (CFO) in preparation for eventual succession to the CFO role. This position supports the strategic and day to day financial management of the organization, including accounting operations, financial reporting, budgeting, forecasting, internal controls, audit coordination, and compliance. The Assistant Director of Finance will work directly with the CFO on Board of Directors and Finance Committee matters, developing the governance, communication, and leadership competencies required of a Chief Financial Officer. This is a developmental role, this person should expect to assume greater financial leadership responsibility over time and be prepared to transition to the CFO position upon the current CFO’s planned retirement. Essential Duties and Responsibilities: Partner with and be mentored directly by the CFO across all areas of financial leadership, with the intent of assuming the CFO role upon the incumbent CFO’s retirement. Assist in the preparation, analysis, and presentation of monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and applicable nonprofit accounting standards (e.g., FASB ASU 2016-14). Support the annual budgeting process and ongoing forecasting, working with department leaders to develop and monitor budgets. Oversee or support core accounting operations, including general ledger management, accounts payable/receivable, payroll coordination, cash management, and reconciliations. Maintain and strengthen the organization’s system of internal controls to safeguard assets and ensure the integrity of financial data. Assist in coordinating the annual independent audit and Form 990 preparation, serving as a key liaison with external auditors and tax preparers. Ensure compliance with federal, State of Delaware, and local regulatory requirements, funder/grant requirements, and applicable nonprofit financial reporting standards. Attend and actively participate in Board of Directors meetings and Finance Committee meetings, including preparing financial reports, dashboards, and presentation materials. Assist the CFO in developing materials and analysis for the Board regarding organizational financial, investment performance, reserves, and risk management. Support cash flow management, investment monitoring, and debt or endowment administration, as applicable. Assist with grant and contract financial management, including budgeting, reporting, and compliance monitoring for restricted funds. Contribute to the development and documentation of finance policies, procedures, and internal control frameworks. Supervise, train, and mentor finance/accounting staff as assigned; support performance management and professional development within the department. Represent the finance function on cross-departmental committees and initiatives as delegated by the CFO. Pursue continuing professional education and progress toward (or maintain) CPA licensure. Perform other duties as assigned to support the finance department and the organization’s mission. Minimum Qualifications: Bachelor’s degree in finance, Accounting, or a closely related field required, Master’s degree (e.g., MBA, MSA) a plus. CPA license strongly preferred, candidates actively working toward CPA license will be considered. Minimum of 7 years of progressively responsible experience in accounting or finance, including 5 years in a supervisory role. Nonprofit accounting experience preferred, including familiarity with fund accounting, restricted/unrestricted net assets, and grant compliance. Experience supporting or presenting to a Board of Directors, Finance Committee, or Audit Committee strongly preferred. Demonstrated knowledge of GAAP, internal controls, and financial reporting requirements applicable to tax-exempt organizations. Proficiency with accounting/ERP software and advanced proficiency in Microsoft Excel. Strong analytical, organizational, and project management skills, with the ability to manage multiple priorities and deadlines. Excellent verbal and written communication skills, including the ability to translate financial information for non-financial audiences. High level of integrity, discretion, and sound judgment in handling confidential financial and organizational information. Demonstrated leadership ability and professional readiness or potential to assume Chief Financial Officer responsibilities. Work Environment and Physical Demands: Standard office environment involves extended periods of sitting. Occasionally required to stand, walk, bend, kneel or reach for filing, meeting set up, or event support. Frequent use of hands and fingers for typing, writing, and operating standard office equipment (computer, phone, copier/scanner). Must be able to occasionally lift and or move up to 20 pounds (e.g., files, event materials, office supplies, office equipment). Equal Employment Opportunity: The Ministry of Caring is an Equal Opportunity Employer. The organization does not discriminate on the basis of race, color, religion or creed, sex, national origin, age, disability, genetic information, marital status, sexual orientation, gender identity or expression, pregnancy, veteran or military status, or any other characteristic protected by applicable federal, State of Delaware, or local law, in any aspect of recruitment, hiring, compensation, promotion, or other terms and conditions of employment. In accordance with Delaware law, the organization does not seek or rely on a candidate’s salary history in setting compensation for this position. At-Will Employment: Employment with The Ministry of Caring is at-will, meaning that either the employee or the organization may terminate the employment relationship at any time, with or without cause or notice, except as otherwise required by law or by the terms of a written employment agreement, if any. Disclaimer: This job description is intended to describe the general nature and level of work being performed by employees assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required, and does not constitute an employment contract or a guarantee of continued employment. Management reserves the right to amend and change responsibilities to meet organizational needs as necessary. #J-18808-Ljbffr Ministry of Caring, Inc