Director of Finance - Supported Living

About Us

Alpha Supported Living Services is a non-profit organization providing residential and community-based services to adults with developmental and intellectual disabilities. Our primary objective is to enhance the quality of life for each of our clients by aiding them in learning, personal development, and fostering increased independence. Since 1974, we've offered supported living, group home, community inclusion, and representative payee services across King, Snohomish, and Spokomish counties in Washington State. At Alpha, we are committed to treating every client with dignity and respect while valuing and nurturing the professional growth of our employees.

About the Role

The Director of Finance provides leadership and coordination of financial planning, budget administration, and the overall management of financial operations, reporting directly to the Chief Executive Officer. This position ensures that all company finance and accounting procedures conform to generally accepted accounting principles, including regularly reviewing all corporate financial transactions related to the receipt and disbursement of funds. The Director of Finance will interact with program participants and must be familiar with the Residential Service Guidelines issued by the Developmental Disabilities Administration. The role upholds the agency mission: "to serve individuals with developmental disabilities by providing accessible residential and other support services that will maximize the person’s quality of life."

Responsibilities

• Manage and direct the financial planning and budgeting functions of the organization.
• Develop and monitor benchmarks for measuring the financial and operating performance of the agency, as well as that of specific programs/branches.
• Assist the Chief Executive Officer with directing and coordinating the company financial planning and budget management activities.
• Monitor and analyze monthly operating results against the budget; provide monthly financial reports to the Chief Executive Officer and the Board of Directors.
• Coordinate the preparation of all financial documents and accounting for the annual audit; serve as a primary agency contact for external audits and assist with preparation for the biennial state certification evaluation.
• Provide financial information necessary for the preparation of the Annual Report and other publications.
• Prepare annual operating budget and monthly financial statement analysis by agency program, contract, and location.
• Recommend financial benchmarks and provide monthly reports to departments analyzing year-to-date performance.
• Create and maintain a financial dashboard evaluating key financial metrics for presentation to management and the Board of Directors.
• Monitor Bond Covenants quarterly to ensure compliance with debt obligations.
• Oversee agency Investment accounts, working closely with the agency Financial Advisor and Investment Committee to ensure agency funds are appropriately invested; make recommendations on Investment Policy updates.
• Responsible for the creation and maintenance of internal financial policy documents, including process documentation, internal controls (in coordination with the Controller), and others as necessary.
• Work closely with the agency Insurance Broker to ensure adequate coverage limits on the Insurance Policy and make recommendations to limit agency exposure.
• Ensure agency compliance with all local, state, and federal regulations.
• Oversee all contracted revenue and ensure that all payments are properly processed and expenditure of funds are aligned with contract requirements.
• Prepare annual Cost Report as required by DSHS-DDA.
• Provide oversight of various client reimbursements from DDA, such as RAR’s, COCA’s, and Damage Reimbursements.
• Assist the CEO with development of short and long-range plans, business opportunities, and financial goals for the organization.
• Assist with business plan development, including project development, compilation of necessary data, and production.
• Assist the Business Development Director with obtaining necessary financial information for the preparation of grant proposals and tracking use of restricted donations for reporting.
• Provide personnel supervision to assigned staff, including annual reviews, time card compliance, performance management, skill development, recruitment, and retention.
• Supervise and regularly meet with assigned personnel.
• Participate in administrative staff meetings and attend other meetings and seminars; complete individual training requirements annually.
• Perform other duties assigned on a daily basis by the Chief Executive Officer.

Requirements

• At least 21 years of age.
• A Master’s degree in business, accounting, or a related field from a recognized college or university, or a bachelor’s degree and four years of related work experience (bookkeeping and/or accounting).
• CMA or CPA certification preferred.
• At least one year of experience in a relevant social services field.
• Familiarity with Fund Accounting Software or other financial software.
• If applicable, have a Washington State Driver’s license, current vehicle insurance, and ability to be covered on Alpha Supported Living Services’ automobile insurance plan based upon driving record.
• Background inquiry clearance from an authorized state agency.

Skills

• Advanced knowledge of generally accepted accounting principles.
• Advanced knowledge of principles and processes for providing customer and personal services, including customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Intermediate knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, designing forms, and other office procedures.
• Able to determine how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
• Demonstrated ability to identify complex problems and review related information to develop and evaluate options and implement solutions.
• Able to identify the developmental needs of others and coach, mentor, or help others improve their knowledge or skills.
• Able to provide guidance and direction to subordinates, including setting performance standards and monitoring performance.
• Able to use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.

Pay

Starting Salary: $123,760

Salary Scale: $123,760 - $168,480

Benefits

• Medical, Dental, and Vision insurance for full-time employees (30 hours or more a week).
• 403(b) retirement plan with company match.
• Life Insurance.
• Tuition Savings Program and Tuition Reimbursement.
• PTO accrual for employees working 34 or more hours a week.

Please note: As of 10-18-21, all workers in Long-Term Care are required to be vaccinated against COVID-19.