Position SummaryThe Director of Finance owns DreamYard's accounting, budgeting, forecasting, cash management, grant finance, reporting, audit, and internal-control functions. Reporting to the Chief Operating Officer, the Director translates financial information into clear recommendations for leadership and the Board, manages the accountant, and ensures timely, accurate, GAAP-compliant financial operations. The role combines strategic planning with hands-on review and, when needed, transaction-level support.
Key ResponsibilitiesFinancial Planning, Forecasting, and Analysis- Lead the annual organization-wide budget process; build the budget calendar, templates, assumptions, department targets, and final consolidated budget for leadership and Board approval.
- Distribute monthly budget-to-actual reports to department leaders and hold monthly variance reviews with budget owners; investigate material variances, document explanations, and update the full-year forecast and action plan.
- Maintain a rolling cash-flow forecast, monitor bank balances and liquidity, and alert the COO to projected shortfalls, timing risks, or financing needs.
- Prepare quarterly forecasts, multi-year financial scenarios, contingency plans, and trend analyses covering revenue, expenses, staffing, cash, and reserves.
- Prepare Finance Committee and Board materials, including financial statements, budget-to-actual results, cash outlook, key risks, and management recommendations.
- Partner with the COO and external financial consultant on financial strategy, complex accounting matters, multi-year scenarios, and organizational risk management.
- Participate in Leadership Team meetings and connect financial decisions to DreamYard's mission, operating priorities, and racial-equity commitments.
Accounting and Month-End Close- Own the monthly close calendar and review accounts payable, accounts receivable, bank and credit-card reconciliations, payroll entries, accruals, prepaids, and other close schedules completed by the accountant.
- Review the trial balance and reconcile all balance-sheet accounts monthly; investigate unusual balances, aging items and suspense activity.
- Produce monthly GAAP financial statements and management reports, including the statement of financial position, statement of activities, and budget-to-actual analysis.
- Maintain the chart of accounts, dimensions, reporting structures, close checklists, and supporting workpapers so reports can be produced consistently from the accounting system.
Grant, Contract, and Revenue Management- Review grant and contract agreements when awarded; document funding amount, period, restrictions, match requirements, reporting deadlines, billing terms, and revenue-recognition treatment
- Maintain grant budgets and revenue schedules and reconcile restricted net assets, releases from restriction, receivables, deferred revenue, and grant expenses each month.
- Coordinate with Development and Program teams to verify coding, allowable costs, budget availability, deliverables, and reporting data before invoices or funder reports are submitted.
- Oversee government contract billing portals and schedules; review invoices and supporting documentation, track submissions and collections, and escalate overdue receivables.
- Review financial reports for foundation, corporate, and government funders and ensure reported amounts tie to the general ledger.
- Collaborate with Director of Development on monthly reconciliation reports and meetings with leadership
Controls, Audit, Systems, and Team Management- Lead the annual financial-statement audit: prepare the audit timeline and request list, assign schedules, review workpapers, coordinate responses, and track open items through issuance.
- Maintain and update finance policies, approval limits, segregation of duties, documentation standards, and internal controls; test adherence and remediate exceptions.
- Ensure compliance with GAAP, nonprofit reporting requirements, grant terms, tax and regulatory filings, and organizational policies.
- Supervise the accountant through clear work assignments, coaching, and training.
- Improve and document finance workflows; standardize recurring reports, reduce manual work, automate appropriate processes, and strengthen real-time access to accurate data.
- Administer and optimize Sage Intacct and connected finance tools, including user access, dimensions, report logic, integrations, and data-quality controls.
Qualifications- Bachelor's degree in accounting, finance, business administration, or a related field; CPA is a plus.
- Seven or more years of progressively responsible nonprofit accounting and finance experience, preferably in a grant-funded organization.
- Demonstrated experience leading budgeting, forecasting, month-end close, financial reporting, cash management, audit preparation, and internal controls.
- Strong knowledge of GAAP, nonprofit financial reporting, restricted contributions, government contracts, grant accounting, and revenue recognition.
- Advanced Excel skills and proficiency with accounting systems; Sage Intacct experience is strongly preferred.
- Ability to prepare and analyze financial statements, identify risks and trends, and convert findings into practical recommendations.
- Experience supervising accounting staff and setting clear standards for accuracy, timeliness, documentation, and follow-through.
- Excellent communication skills and the ability to explain complex financial matters to staff, leadership, Board members, and other non-financial stakeholders.
- Strong judgment, attention to detail, time management, collaboration, and problem-solving skills.
- Commitment to DreamYard's mission, core values, and anti-racism commitment.
Compensation and BenefitsThis is a full-time, hybrid, exempt position with a salary range of $125,000-$140,000 commensurate with experience. DreamYard offers a comprehensive benefits package and generous paid time off.
