Director of Finance
Reports to: Executive Director
Classification: Full-time Salary
Compensation: Starting Salary 85,000 to $105,000 DOE
Benefits: Health, Dental, Vision Insurance, and 403B Retirement Plan with 15 days of annual vacation accrual, 11 paid holidays, 2 personal days, 80 hours paid sick leave and ORCA transport Card.
HomeSight is a non-profit community development corporation promoting social and economic equity to preserve and enhance economically and culturally diverse communities through affordable homeownership, business development, and community advocacy. We develop affordable housing, offer first-time homebuyer counselling and education, and provide loans to qualified homebuyers. We work closely with residents, small business, and community-based organizations to foster equitable economic development in Southeast Seattle.
Primary Responsibilities As a member of the Executive leadership team, the Director of Finance reports directly to the Executive Director, provides strategic financial planning and leadership to ensure the current and future financial well-being of HomeSight. The Director of Finance leads business growth and addresses business trends, changes, and opportunities that may affect the organization. The Director of Finance leads daily financial operations of a $4 million budget and $50 million in assets.
Organizational Strategy and Results:
• The role of the Director of Finance has overall control and responsibility for all financial aspects of company strategy and is expected to analyze figures and implement recommendations based on these findings, with the most profitable outcomes.
• In collaboration with the Executive Director, the Human Resource Director, and leadership team, develops the strategy to ensure that HomeSight has the financial resources needed to achieve its current and future goals, while identifying opportunities and mitigating risk.
• This Director of Finance develops new strategies and implements plans for diversifying capital and revenue sources, and increasing earned income.
• Develops and maintains effective working relationships with key financial partners including funders, investors, government agencies, consultants and vendors.
Financial Management and Reporting:
• Oversees and implements organizational budgeting, the controller and cash management to ensure accurate reporting, interpretation and analysis of financial results in conjunction with forecasts and long- range plans.
• Oversees budget projections and financial reports for government and private funders and other investors; supervises preparation of financial summaries and statements for reports to funders and grantors.
• Oversees annual audits and coordinates preparation of annual form 990 providing all necessary schedules to the tax preparer.
• Prepares annual budget, analyzes impact of budget requests, projects revenue, and produces reports; analyzes actual results against budget and researches variances; interacts with departments on an ongoing basis to provide guidance on budget and accounting policies.
• Reviews, analyzes and revises internal control systems, providing documentation and training as necessary.
• Reports on financial status and responds to inquiries from the leadership team.
• At least 5 years of demonstrated relevant finance or accounting experience.
• Bachelor's degree in accounting or finance is required.
• Experience in financial management of federal, state, and local government grants and contracts.
• Effective in working with a diverse and multicultural team of colleagues and customers.
• Direct work experience with budgets, forecasting, financial analysis, and fund accounting is essential.
• Commitment to community development, helping low income communities and strong work ethic and understanding of nonprofit business models.
• Experience presenting complex financial and performance information to a wide range of audiences.
• Ability to use relevant information and individual judgment to determine whether issues or processes comply with laws, regulations, or standards.
• Intermediate level proficiency with Word, Access, and Outlook.
• Above Average proficiency using Excel.
• Experience using MIP Accounting Software.
• Experience in a nonprofit environment strongly preferred .
• Knowledge of real estate, banking, and mortgage loans.
HomeSight is an equal-opportunity employer with a very diverse staff. We seek to recruit, retain, and advance people of diverse backgrounds. We are committed to fostering and supporting a workplace culture inclusive of people regardless of race, ethnicity, national origin, gender, sexual orientation, socio-economic status, marital status, age, physical abilities, political affiliation, religious beliefs or any other non-merit fact.
Applicants should complete the below form to apply for this position.