Director of Finance
Coalition for a Better Acre

Job Order #: 17704399

Lowell, MA 01854

Full Time

40 hours per week

POSTED 9/21/2022

EXPIRES 12/20/2022

Job Description

The Director of Finance is responsible for overseeing the accounting and reporting for the organization, and its related entities, including cash, and the preparation of account reconciliations, to ensure that all transactions are prepared in a timely manner. This position requires a strong working knowledge of generally accepted accounting principles, real estate development accounting, familiarity with the OMB Super Circular, and a high degree of interaction with the real estate team, vendors and funders. An ideal candidate possesses the willingness to assume additional responsibilities, is organized, detail oriented, able to work collaboratively and solve routine problems independently.

Essential Responsibilities:

General Ledger/Financial Reporting
-Prepare and process monthly journal entries. Produce timely monthly financials by 1) reviewing general ledger activity, (2) calculating monthly accruals and prepayments, (3) posting all journal entries and (4) compiling, reviewing, consolidating wholly owned, and distributing final monthly reporting packages for the relevant companies.
-Ensure that monthly income statements reflect budget, actual and variance amounts. Identify significant variances and research explanations for variances. Create and maintain supporting schedules and analyses and reconciliations of balance sheet accounts including reconciliation of intercompany balances.
-Support and assist the external accounting/audit firms with year-end requirements, ensuring that all audit requested schedules and workpapers are prepared in accordance with agreed upon audit schedule; assist with financial statements and tax returns. Prepare miscellaneous financial reports for various funding agencies, etc.
-Oversee development stage accounting.
-Effectively communicate and present any critical financial matters to the CEO.

Banking/Treasury
-Prepare and process deposits and cash transfers as needed. Maintain line of credit activity reports (if needed); calculate and post applicable interest on a monthly basis.
-Monitor daily cash balances for significant bank accounts and prepare cash flow forecasts.

Real Estate
-Maintain real estate development set of books. Maintain schedule and provide information and reporting to auditors for related cost certification process. Assist auditors during cost certification process.

Budgeting/Forecasting
Assist in the preparation of the annual budget in consultation with the Chief Finance Officer.
Assist program directors and managers with the preparation of the budgets.
General Accounting Support/Administration
-On-boarding of new hires and processing payroll which, presently, is prepared by a third party.
-Processing of accounts payable/receivable.
-Other duties as assigned.

Qualifications:
-4 to 6 years of accounting experience required
-Bachelor?s degree in Accounting or Finance required
-Familiarity with real estate development in a non-profit setting desired
-Experience working with SAGE 50 preferred
-Previous experience with month end closing and reporting
-Knowledge and experience working with GAAP, A-133 audits and familiarity with OMB Super Circular
-Grants management experience as it relates to compliance and reporting of government, corporate, and foundation grants preferred
-Team player, detail oriented, and ability to problem solve
-Strong time management skills to handle multiple tasks and effectively prioritize workload
-Proactive and strategic thinker who enjoys creating and improving systems and processes

For more info on how to apply, please email Shaun.McCarthy at shaun.mccarthy@masshirelowellcc.com

How To Apply

Please email Shaun McCarthy at shaun.mccarthy@masshirelowellcc.com for more info on how to apply

Address

517 Moody Street
Lowell, MA 01854

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Shift

First

Not Specified

Per Diem Position

Not Specified

Union Position

No

Apprenticeship

Yes

Pay

Not Specified

Benefits

  • Major Medical
  • Dental Insurance
  • Life Insurance
  • 401K
  • Vacation Leave
  • Sick Leave
  • Mileage Reimbursement
  • Paid Holidays
  • Short Term Disability Leave
  • Long Term Disability Leave

Benefit Details

Name

Shaun McCarthy

Title

Not Specified

Email

Not Specified

Phone

Not Specified

Address

107 Merrimack Street
Lowell, MA 01852

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