Job Title: Director of Finance
Department: Finance
Job Classification: Exempt
Reports To: CEO
Pay Range:Minimum: $87,142
Midpoint: $100,321
Maximum: $113,500
Job SummaryThe Director of Finance provides strategic leadership and hands-on oversight of MRC's finance department and financial operations, including accounting, budgeting, financial reporting, payroll oversight, program data, internal controls, and risk management.
As a member of the leadership team, this position partners with the CEO and department leaders to evaluate opportunities, anticipate financial needs, and support informed decisions in a fast-paced, changing organization. The Director translates complex financial information into clear recommendations, strengthens financial systems and processes, and balances growth initiatives with fiscal responsibility.
This role requires a proactive leader who can move between long-range planning and daily operations, manage competing priorities, and guide the finance team through organizational change while maintaining accuracy, accountability, and compliance.
Essential Duties and ResponsibilitiesLeadership, Strategy, and Growth- Partner with the CEO and leadership team on long-range planning, organizational goals, and financial strategies that support MRC's mission and sustainable growth.
- Evaluate the financial impact of proposed programs, funding opportunities, operational changes, and capital investments.
- Develop and implement goals for finance and assigned support services that align with organizational priorities.
- Anticipate financial risks, resource needs, and operational challenges; recommend timely, practical solutions.
- Provide leadership, supervision, coaching, and development for finance staff, establishing clear expectations and accountability.
- Guide the finance department through changing priorities, new systems, and process improvements while maintaining reliable daily operations.
- Establish performance measures and use financial and operational data to evaluate results and identify opportunities for improvement.
- Build collaborative relationships with department leaders and help them understand budgets, financial performance, and the implications of their decisions.
- Recommend financial policies and develop procedures that strengthen consistency, efficiency, and internal controls.
- Support the MRC Board of Directors Finance Committee with clear financial reporting, analysis, and recommendations.
- Provide financial leadership for agency initiatives and special projects.
Financial Operations and Reporting- Develop, direct, and maintain accounting systems in accordance with generally accepted accounting principles (GAAP), MRC policies, and contractual requirements.
- Oversee accounting operations and ensure accurate, timely monthly financial statements are prepared and presented to the CEO, Board Finance Committee, and leadership team.
- Explain financial results, budget variances, emerging trends, and recommended actions in a manner that supports informed decisions.
- Prepare and supervise financial, statistical, and program reports, ensuring data accuracy and usefulness.
- Prepare or coordinate fiscal reports required by funding agencies, insurers, and applicable federal and state requirements.
- Lead the annual operating and capital budget process in collaboration with the CEO and leadership team.
- Monitor budget performance throughout the year and update forecasts as funding, program needs, and organizational priorities change.
- Analyze program and contract costs, overhead allocations, production costs, and financial sustainability.
- Monitor cash flow, banking activity, and cash balances to support operating needs and planned investments.
- Oversee payroll processing; review and approve payroll and related reports for accuracy and compliance.
- Coordinate the annual audit and ensure supporting documentation and required follow-up are completed.
- Establish, review, and strengthen internal controls to safeguard organizational assets and reduce financial risk.
- Prepare financial information for grant applications, funding requests, financing opportunities, and other organizational needs.
- Coordinate liability insurance coverage, policy renewals, and related risk management activities.
- Ensure financial operations and assigned functions meet applicable CARF, MDHHS, Medicaid, DOL, OSHA, and other local, state, and federal requirements.
Systems and Continuous Improvement- Evaluate financial systems, reporting tools, and workflows to ensure they can support increasing organizational complexity and growth.
- Lead systems analysis and improvements that increase efficiency, accuracy, and access to useful financial information.
- Identify opportunities to streamline processes and reduce unnecessary manual work.
- Collaborate across departments to improve the quality and timeliness of financial and program data.
- Support implementation of new systems and procedures through clear communication, staff training, and follow-through.
- Participate in leadership meetings and complete other duties as assigned by the CEO.
Required Skills and AbilitiesTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below represent the knowledge, skills, and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Strong financial analysis and problem-solving skills, with the ability to translate complex information into practical recommendations.
- Ability to balance strategic financial leadership with hands-on involvement in daily operations.
- Ability to manage competing deadlines, adjust to changing priorities, and maintain accuracy in a fast-paced environment.
- Demonstrated initiative in identifying challenges, improving processes, and anticipating organizational needs.
- Ability to lead staff through change, communicate expectations clearly, and support accountability and professional development.
- Strong collaboration, verbal communication, and written communication skills, including the ability to explain financial information to audiences with varying levels of financial knowledge.
- Excellent organizational skills and consistent follow-through.
- Ability to understand and apply complex regulations and contractual requirements.
- Experience with risk management and knowledge of applicable insurance coverage.
- Proficiency in payroll processing, automated accounting systems, spreadsheets, and financial reporting tools.
- Criminal records, driving, and recipient rights screening required.
- Valid Michigan driver's license and Michigan auto insurance. Must also successfully pass a comprehensive financial/credit background check and criminal history verification as a condition of employment.
Education and Experience- Bachelor's or Master's degree in Business Administration, Public Administration, Accounting, Finance, or a related field preferred.
- 3-5 years of progressive accounting or finance experience, including a minimum of 3 years of supervisory, team management, or finance function leadership experience.
- Minimum of five years of accounting experience and advanced working knowledge of accounting systems for an organization with a complex funding structure and a budget of at least $5,000,000 required.
- Experience developing and managing budgets required.
- Experience with financial forecasting, program or contract cost analysis, and supporting organizational decisions preferred.
- Experience improving financial processes, implementing systems, or supporting an organization through growth and change preferred.
- Nonprofit accounting and experience with grants, government funding, or multiple revenue sources preferred.
Physical Requirements- Ability to sit for prolonged periods.
- Ability to view and operate a computer for prolonged periods.
- May occasionally require lifting up to 35 pounds.
Work Conditions- Office environment with potential for local travel within the community.
- Fast-paced, collaborative environment with evolving priorities, concurrent projects, and regular deadlines.
- May be exposed to bloodborne pathogens, infectious diseases, and parasites.
