Director of Finance
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Who We Are: East Boston Social Centers is a multi-service agency and community center that cultivates community, belonging, and joy. Founded in 1918 to welcome and support immigrant families, East Boston Social Centers continues to proudly embrace “welcome” in all we do. Our core services range across educational, social, and recreational programs to support the diverse community of East Boston and our neighbors of all ages. For over a century, our programs and services have welcomed neighbors of all ages, interests, and backgrounds through our doors.
“When all give, all gain”; This is so much more than a motto at East Boston Social Centers. We seek to ensure all have an opportunity to give and to gain, and recognize the critical importance of being a diverse, equitable, and inclusive workplace and organization, where all belong. We actively seek and encourage a diverse and inclusive workforce that is reflective of our communities. We are strengthened by this vitality and wealth of life experiences. If you are encouraged by an opportunity to do your best work in an environment where your contributions are valued, come join us.
About the opportunity: Reporting to the Executive Director, the Director of Finance is responsible for shaping and executing the financial strategy that ensures sustainable growth to meet our community's needs. This hands-on role involves overseeing the Social Centers’ financial planning and accounting practices, performing various accounting tasks, and managing relationships, and financial instructions.
The Director of Finance will generate financial reports and budgets, lead year-end audits and tax preparation, and implement sound financial and accounting practices that support the organization's long-term goals and strategy. The ideal candidate will excel independently and in collaboration with a small, close-knit team. This role includes staff support for certain tasks, with the opportunity to develop and expand the team for ongoing support.
Primary Responsibilities
Financial Operations Management
Oversee day-to-day financial operations, ensuring timely and accurate financial records.
Direct daily accounting functions, including accounts payable/receivable, general ledger entries, cost allocations, and payroll.
Monitor and manage expenditures.
Manage financial forecasting, insurance, and benefits.
Strategic Financial Planning
Over time, enhance financial functions by adopting new processes, technologies, and systems for efficiency and compliance.
Prepare, analyze, and present financial reports, forecasts, and dashboards to support organizational growth and sustainability.
Lead the annual budgeting process, including operating and capital budgets, and monitor progress throughout the fiscal year.
Develop financial systems with proper internal controls and ensure compliance with non-profit accounting, US GAAP, and legal requirements.
Manage cash flow forecasting and monitor invested assets in line with policies.
Budgeting and Reporting
Oversee the creation of the organizational budget and the budgets for programs, grants, and service contracts, ensuring proper revenue recognition.
Prepare financial reports for local, state, and federal agencies and coordinate the annual audit.
Administer government contracts and billing.
Report financial status to the Board’s Finance Committee and full board and maintain banking relationships.
Collaboration and Leadership
Support leadership by engaging the board’s audit and finance committee on financial issues and trends. Ensure the Board Finance Committee meets regularly and conducts an annual review of the 403(b) plan, investments, and other key financial relationships.
Foster a collaborative culture focused on financial efficacy and program support.
Collaborate with legal, HR, and benefits providers to ensure competitive plans and programs.
As a member of the Executive team, actively participate in leadership and Board meetings.
Additional Responsibilities
Develop and maintain procedures and systems for internal controls and record-keeping.
Perform other duties as required.
Qualifications:
There are innumerable ways to learn, grow, and excel professionally. We review each application to get to know you better and to see the unique strengths you will bring to work. We are most likely to be interested in your candidacy if you can demonstrate the majority of the qualifications and experiences listed below:
5-8 years of progressive accounting/finance management experience in a nonprofit organization.
Ability to communicate complex financial concepts to individuals at all levels, including finance and non-finance managers.
Hands-on expertise in all accounting and financial management aspects, including accounts payable/receivable, general ledger, payroll, audits, reporting, budget development, analysis, and investment accounting.
Proven budgetary and fiscal planning success, with innovative strategies to maximize organizational resources.
Skilled in collaborating with Board members, staff, vendors, and clients from diverse cultural and ethnic backgrounds.
Effective communicator with strong interpersonal skills, capable of leading and engaging at all organizational levels within a multicultural environment.
Technology savvy with preferred experience managing Sage 300.
Detail-oriented and able to work autonomously and effectively manage tasks independently.
A business or accounting degree, MBA, and/or CPA are preferred.
Fluency in Spanish language is a plus. French, Arabic, or Portuguese can also be helpful.
Compensation and Benefits
This full-time hybrid position requires at least three days onsite at our offices in East Boston. The salary range is $100,000 to $125,000, depending on professional and lived experiences. In addition to the salary, we offer comprehensive benefits, including:
New hires receive a sign-on bonus of $500 (after taxes) in their first paycheck and an additional $1500 when they complete six months of employment
Health and dental insurance,
403b retirement plan,
12 paid holidays,
PTO includes 3 weeks of vacation, 2 weeks of organization-wide closure, plus sick and personal days.
Life/Short/long-term disability,
Child care assistance.
Onsite parking
Contributions towards a T Pass
A family environment that embodies our motto “when all give, all gain.”
To Apply:
East Boston Social Centers provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.