Jobs · Sales · Maryland

Director of Finance

Ardmore Enterprises · Lanham, MD · 2 mo ago
HybridSalesFull-time

About the role

This CFO position at Ardmore is both highly strategic and deeply operational. As is common in nonprofit leadership, the role requires hands-on involvement in day-to-day financial and organizational operations while also providing high-level strategic leadership in close partnership with the executive team. We are seeking a hands-on, mission-driven CFO to support our growing organization. This role is deal for a financial leader who thrives in collaborative, nonprofit environments.

Responsibilities

  • Personally oversee and participate in month-end close, including journal entries, reconciliations, and financial statement preparation, while strengthening processes to improve accuracy and efficiency.

  • Review and approve AP/AR transactions, payment runs, and general ledger activity, ensuring compliance with internal controls and nonprofit accounting standards.

  • Manage daily cash flow, banking activity, and investment accounts while developing strategies to maintain liquidity and support organizational growth.

  • Maintain hands-on responsibility for LTSS/DDA billing, revenue recognition, and collections, while evaluating trends to improve reimbursement performance.

  • Build practical, repeatable workflows for record retention, contract management, and audit readiness.

  • Develop the annual operating and capital budgets line-by-line, working directly with program leaders to align staffing, services, and funding realities.

  • Produce clear monthly budget-to-actual analyses, explaining variances and recommending real-time operational adjustments.

  • Create cash projections and funding models to guide hiring decisions, program expansion, and risk planning.

  • Translate financial data into actionable guidance for non-financial managers to support responsible spending.

  • Directly supervise payroll processing, tax filings, and benefit remittances, ensuring staff are paid accurately and on time.

  • Partner with HR on wage and hour compliance, compensation practices, and benefit cost management.

  • Evaluate payroll processes and implement improvements that reduce errors and manual work.

  • Prepare audit schedules and workpapers, serving as the primary day-to-day contact for external auditors.

  • Update and enforce internal controls, segregation of duties, and approval processes.

  • Oversee Form 990, DDA cost reports, and other regulatory filings, ensuring deadlines are met without last-minute fire drills.

  • Monitor insurance, contracts, and risk exposures and recommend practical safeguards.

  • Present financial information to the CEO and Board in plain language that supports informed decision-making.

  • Work alongside a small finance team, rolling up sleeves when needed while coaching staff to build capacity.

  • Identify cost-saving opportunities and process improvements that balance mission impact with financial discipline.

  • Partner with program directors to evaluate new funding opportunities and service changes from both mission and financial perspectives.

  • Hands-on oversight of grant and contract budgets, reporting, and compliance.

  • Preparation of funder reports and audit documentation.

  • Cost allocation management aligned with funding rules.

Requirements

  • Demonstrated experience as a hands-on CFO or senior financial leader, ideally in a nonprofit or mission-driven organization.

  • Comfortable operating at both the strategic and operational levels.

  • Strong collaborator with the ability to work effectively across departments.

  • Practical, solutions-oriented, and willing to engage directly in execution.

  • Committed to the mission and values of the organization.

Qualifications

  • Bachelor's degree in Accounting, Business Administration, Finance, or a closely related field required; Master's degree strongly preferred.

  • Certified Public Accountant (CPA) preferred.

  • Minimum of 10 years of experience in full-cycle accounting or fiscal management; not-for-profit experience strongly preferred.

  • At least 5 years’ experience in accounting or fiscal management in a not-for-profit environment funded by Medicaid or other government source.

  • At least 5 years’ experience managing a team of accounting and/or finance professionals.

  • Extensive knowledge of the principles, practices and procedures of accounting, finance, budgeting and planning for a not-for-profit agency.

  • Knowledge of Development Disability Administration funding and billing preferred.

  • Strategic thinker with the ability to conceptualize and act upon the agency’s financial objectives and operationalize these objectives.

  • Knowledge of laws, procedures, regulations, and best practices relating to not-for-profit accounting practices and financial reporting.

Skills

  • Strategic thinking and financial management skills.

  • Collaborative leadership and team management abilities.

  • Strong communication and presentation skills.

  • Experience with nonprofit accounting and financial management.

  • Knowledge of Medicaid and other government funding sources.

Benefits

Ardmore offers a competitive benefits package including health insurance, retirement plans, and paid time off.

Pay

The salary range for this position is $120,000 - $150,000 annually, commensurate with experience.

Schedule

This is a full-time position with standard business hours.

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