Finance Director/ Controller

Position Overview

SumBridge is hiring a Finance Director for a Seattle-based Not-for-Profit client. In this role, you will be a key part of the Accounting and Finance team responsible for leading a high-performing accounting staff and managing the organization’s financial and audit tasks. You will lead financial reporting, budgeting, forecasting, and compliance requirements, as well as assist in implementing financial strategies that support the organization’s financial health, mission, and goals. This is a permanent, full-time role with a hybrid work arrangement (2 days onsite and 3 days remote) offering competitive compensation and benefits.

Key Responsibilities

• Support, manage, and track the annual organizational budget process, ensuring alignment with strategic objectives and federal funding priorities.
• Oversee the financial management of federal grants, ensuring proper expenditure tracking and adherence to all compliance requirements.
• Coordinate with program staff to develop accurate grant budgets, track expenses, and prepare required financial reports for federal agencies.
• Ensure timely and accurate preparation and submission of federal, state, and local tax and financial reporting and compliance filings.
• Prepare detailed financial reports, including monthly, quarterly, and annual reports for federal funding agencies, the board of directors, and senior management.
• Conduct financial analysis to monitor performance and recommend improvements or adjustments as necessary.
• Provide financial insights and data to support funding renewals, grant applications, and federal audits.
• Ensure that the organization's financial operations comply with federal regulations and GAAP.
• Develop, implement, and maintain internal controls to prevent fraud, waste, and abuse, ensuring proper documentation and record-keeping.
• Lead the preparation and oversight of audits, ensuring compliance with federal requirements (Form 5500, Form 990, funder, insurance, IRS, and other annual compliance filings).
• Oversee an accurate and timely month-end close.
• Serve as the primary point of contact for external auditors and federal agencies during audits and monitoring reviews.
• Prepare cash flow forecasting and monitor cash flow in partnership with finance, program, development, and executive leadership teams.
• Implement risk management processes, create contingency plans, and regularly review and update strategies while ensuring compliance with regulations.
• Develop and maintain accurate cost allocation plans and indirect cost rate proposals for federal grants in compliance with relevant guidelines.
• Ensure appropriate allocation of costs between direct and indirect categories in line with federal requirements.
• Partner with the Finance Officer to create cross-training, professional growth, and departmental staff investment strategies.
• Build relationships with banks, investors, grantors, and other financial vendors.
• Lead, mentor, and inspire the finance team, fostering a culture of accountability, collaboration, and continuous improvement.
• Ensure that the finance team has the tools, knowledge, and resources to manage federal funds and maintain compliance with financial standards.
• Maintain and integrate financial systems across the organization.
• Streamline process inefficiencies and develop systems to minimize manual work.
• Develop and provide staff training on financial processes, best practices, and federal grant management regulations.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (or equivalent combination of education and experience).
• Minimum of 8+ years of progressively responsible experience in financial management within a nonprofit organization, including at least 3 years in budgeting and managing federal grants and funding.
• 5+ years of experience leading a collaborative, diverse finance team.
• Proficiency with complex accounting systems and Microsoft Office products.
• Experience with cost allocation and indirect cost rate negotiation.
• CPA, CMA, or Master’s Degree in a related field, or equivalent experience.
• Proficiency with NetSuite, PyanGo, and SalesForce.
• Excellent communication and presentation skills, with the ability to present complex financial data clearly to both financial and non-financial stakeholders.
• Strong leadership, organizational, and project management skills.
• A collaborative team player with an equity mindset, adaptability, accountability, and strong critical thinking and decision-making skills.
• A demonstrated commitment to anti-racism, valuing diverse perspectives, and encouraging contributions from all team members.

Benefits & Perks

• Permanent, full-time role
• Hybrid work arrangement: 2 days onsite, 3 days remote
• Competitive Compensation
• Benefits