Director of Finance

WHO WE ARE

Foster America is transforming the way our nation supports families. Together with communities and local governments, we’re creating a just, equitable alternative to today’s child welfare system – so parents and children stay together with access to the resources they need to thrive. We:

Drive Innovation: We are designing solutions alongside our nation’s boldest governments and communities. Together, we demonstrate that bolstering support for families is an effective alternative to referring them for a child welfare investigation that may lead to the separation of families.

Catalyze Changemakers: We’re building a network of people with the imagination – and determination – to transform the child welfare system. We nurture and connect leaders, growing their skills and amplifying our collective impact.

Spread and Scale Knowledge: We share what works, so more families and more organizations in more places have the support they need. Our workshops and training allow child welfare practitioners, community leaders, and those who have experienced the foster care system firsthand to learn from our team and one another. 

To learn more about Foster America, please visit https://www.foster-america.org/  

The Opportunity

Foster America seeks a Director of Finance to play a critical role in our next chapter of impact.

Reporting to the Vice President of Finance and Operations, the Director of Finance will provide strategic financial leadership and oversight for Foster America’s $7 million budget. The Director will oversee all aspects of accounting, financial reporting, budgeting, grants management, and audit coordination. As a key member of the leadership team, the Director will work closely with senior leadership and the board of directors to ensure financial health and sustainability.

Requirements

Financial Management & Strategy (30%)

• Serve as a strategic financial advisor to the leadership team, providing insights and recommendations to support decision-making.
• In collaboration with the VP of Finance and Operations, support the annual budgeting and forecasting process, working collaboratively with program leaders to develop, monitor, and adjust budgets.
• Oversee cash flow management to ensure adequate liquidity.
• Analyze financial data to identify trends, opportunities, and risks.
• Develop financial models and analyses to support Foster America's fundraising goals.
• Represent the organization in financial matters with external stakeholders including auditors and bankers.
• Stay abreast of financial regulations and best practices in the nonprofit sector.

Accounting, Audit & Operations (70%)

• Oversee all financial systems, ensuring compliance with GAAP and regulatory requirements.
• Prepare accurate and timely month- and quarter-end close reports and supporting data.
• Manage accounts payable and receivable, payroll, and grants administration, including compliance and reporting.
• Maintain vendor records and contracts.
• Ensure compliant invoice and expense payments.
• Manage consultant contracts and process related documents.
• Oversee credit card, program participant disbursement and reimbursement procedures.
• Develop and implement financial policies and procedures to improve efficiency and internal controls.
• Supervise the accounting contractor.
• Track active contracts and schedule alerts.
• Coordinate and oversee the annual audit process, ensuring smooth and successful engagement with external auditors.
• Prepare audit schedules and supporting documentation.
• Address audit findings and implement recommendations for improvement.

WHO YOU ARE

• A purpose-driven leader who is committed to Foster America’s mission and values. You are motivated and inspired to use your skills in service of transforming the way our nation supports children and families. You thrive in a start-up, fast-paced environment that values relationships, feedback, continuous learning, experimentation, and a deep commitment to social justice and racial equity. 

• A skilled communicator and strong team collaborator. You can articulate thoughts and ideas clearly and effectively. You adapt your communication styles to suit different audiences.

• An entrepreneurial spirit who is excited by growth and big ideas. You are action-oriented and wi