Finance Directo

Finance Director (Full-Time) – Sacramento, CA

Expected Hourly Commitment: Full time (expected 40 hour/week, but may occasionally require additional hours/flexible schedule).

Compensation and Benefits: $80,000 to $90,000 annually, plus additional annual salary premiums and benefits:

• $3,000: Current CPA license
• $1,000: Current CMA certification
• $1,000: Bachelor’s degree in any of the following: BS or BA in Accounting, Bachelor of Business Administration in Accounting
• $2,000: Master’s degree in any of the following: Accounting (MSA or MAcc); MBA with a concentration in Accounting
• $1,000: Verifiable 2+ years professional experience with full-charge utilization of Sage Intacct
• $2,000: Verifiable 3+ years in a management or higher professional finance role with a 501(c)(3) nonprofit with annual operating budget of $1M or higher
• 3 weeks’ vacation/PTO annual accrual to start (accrual rate increases with length of service)
• 100% company paid “Silver Level” Dental, Vision and Health insurance
• 10 paid holidays annually
• 1 day paid volunteering time off
• 5 sick days accrued annually (up to 120 hours accrual limit)
• Professional development opportunities and advancement potential

Schedule

Flexible schedule. ~80% remote with occasional in-person meetings or on-site tasks at administrative offices. First three months of onboarding/training period may require a greater proportion of in-person work. Must reside in CA.

Location

Administrative Office currently located in South Sacramento (95820), but there are multiple program sites throughout Sacramento County.

This position reports directly to the Chief Compliance Officer.

About the Role

At this pivotal moment in time, Alchemist CDC is rapidly expanding and growing our team to meet the increasing needs of the organization. This position is newly created, and as such, the Finance Director will have a unique opportunity to shape new financial policies and procedures alongside the changing needs of the organization.

About Us

Alchemist CDC is a mission-driven 501(c)(3) non-profit organization that connects Sacramento area communities to land, food, and opportunity – toward a vision in which all neighborhoods are vibrant, equitable, healthy, and diverse. Our programs enhance the quality of life in under-resourced communities by improving access to nutritious foods, implementing community-supported public green spaces, and fostering economic self-sufficiency through business entrepreneurship and workforce development. Learn more about our organization and programs at: www.alchemistcdc.org

Job Responsibilities

Strategic Planning, Leadership and Personnel Management

• Provide leadership and mentorship to our small accounting team, fostering a culture of excellence and accountability, including managing two or more accounting staff (currently a generalist bookkeeper and an Accounts Payable Specialist, with additional growth expected).
• Provide training and support to finance staff.
• Collaborate with multiple departments across the organization to ensure they have the financial support and documentation they need to carry out their programs effectively, including providing budget analysis training as needed.
• Manage relationships with external partners, including banks, auditors, funders, and other financial service providers.
• Collaborate with other senior leaders to develop and implement strategies and systems that support the organization’s mission and goals, including regular check-ins with the CEO.
• Lead the Financial Audit Committee, collaborating with other committee members to provide guidance and insight.
• Protect and ensure the integrity of program financial records. Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis (currently utilizing Sage Intacct accounting systems).
• Protect the organization’s revenues and assets to achieve sustainable growth and excellent service delivery.
• Partner with Development staff to ensure accurate donation processing, reporting for fundraising events, donations, grants, and contracts.
• Generate, present and explain financial statements and KPI to senior leadership.
• Oversee accounts payable, including coding and approval of bills, expense reports and payment requests.
• Manage accounts receivable, including coding and allocation of donations, fees, and grant invoicing/income.
• Maintain financial documentation for all grants, including copies of approved budgets and amendments, grant reports, and general ledger.
• Oversee use of office petty cash funds and credit cards.
• Develop and maintain financial information storage and record retrieval.
• Ensure financial records, including the general ledger, accounts payable and receivable, payroll, procurement and other financial systems, are accurate and timely.
• Ensure compliance with all financial reporting requirements, including tax filings, audits, grants, and other reporting requirements.
• Maintain, implement, and ensure compliance with the organization’s systems of internal controls, and separation of duties; and creation and maintenance of financial procedures and documentation.
• Working with Senior leadership, draft policies that ensure that payroll and financial tracking systems are sufficiently robust for compliance and grant reporting, yet appropriately flexible and efficient to best serve and support our programmatic activities.
• Manage and track the performance of invested assets in keeping with investment guidelines.
• Ensure GAAP rules and FASB guidance are followed.

Budgeting and Forecasting

• Prepare and present financial information.
• Provide budget forecasting and investment strategy consultation to members of the Finance Committee.
• Manage and track organizational cash flow forecasting.

Reporting and invoicing

• Understand the scope and areas of work included within grant contracts in order to work with the CCO, Program Directors/Managers and finance team on day-to-day issues.
• Proactively monitor and report on project budgets, financial projections, costs and percentage of completion.
• Actively engage in grant tracking, allocation, budgeting, and reporting in partnership with the Program staff.
• Manage the financial reporting process for all grants (federal, state, local and private grants) as well as multiple program revenue systems.

Other

• This role requires hands‑on involvement. The Finance Director will actively engage in day‑to‑day financial and accounting tasks and processes.
• Oversee the company’s finance IT system(s).
• Travel to various program/administrative sites may be necessary from time to time.
• Perform special financial or statistical research or analytical studies to assist in the formulation of new policies and procedures.
• Perform special finance-related projects; and other duties as assigned.

Requirements

• Minimum 2 years’ supervisory experience.
• Non-Profit Accounting Expertise: Must have a strong foundation for non-profit accounting practices, including, but not limited to GAAP, government grants, Program Revenue, managing/tracking restricted assets, and Contributions and Pledges.
• Excellent communication skills – ability to articulate thoughts and express ideas effectively. High level of English language writing, reading, speaking and comprehension skills.
• Bachelor’s degree from an accredited college or university in Accounting, Finance, or a related field (CPA and/or Master’s preferred). Equivalent experience will be accepted in lieu of the required degree or diploma for hiring eligibility purposes.
• Minimum of 4 years of financial management experience, preferably in a nonprofit setting.
• At least six (6) years of overall professional accounting experience.
• Intermediate to advanced level experience with MS-Excel including complex formulas and macros.
• Minimum 2 years’ experience with multiple funding source- or cost-center based accounting systems.
• Strong attention to detail and ability to meet strict deadlines.
• Working knowledge of managerial/financial accounting and Generally Accepted Accounting Principles (GAAP) and FASB guidance.
• Demonstrated credible leadership presence, with the ability to respond to questions with logic, clarity, calmness and authority.
• Ability to interact and maintain effective working relationships with those contacted in the performance of role’s duties while respecting cultural and linguistic differences and fostering an inclusive work environment.
• Organization and planning skills to effectively delegate, manage and/or re-prioritize activities and projects to meet deadlines while maintaining a high degree of responsiveness.

Desirable Qualifications

• The ideal candidate will be an excellent, relationship-based leader since all relative departments of the organization will be connected to their work.
• The ideal candidate will have experience managing nonprofit finances, a deep understanding of government contracts, and expertise in invoicing for government reimbursements.
• 2+ years of experience working in non-profit organizations with full G/L exposure and monthly close experience, including complete draft of internal financial statements with footnotes.
• Strong technology skills with Google Workspace, Microsoft Suite, and Zoom.
• CPA, CMA or equivalent certification.
• Experience having final responsibility for the quality and content of all financial data, reporting and audit coordination.
• Ability to translate financial concepts to – and to effectively collaborate with – programmatic and fundraising colleagues who do not necessarily have finance backgrounds.
• A track record in grants management and knowledge of rules related to restricted contributions/grant reporting.
• 2+ years’ hands‑on experience with full-charge responsibilities in Sage Intacct.
• Non-profit auditing experience with a CPA firm a plus.

Physical Demands

• With or without accommodation, be able to work in an office environment.
• Work at a desk, conference table, or in meetings in various configurations.
• Write and operate a personal computer keyboard.
• Hear and speak to make presentations and to exchange information in person, online and on the phone.
• Understand spoken speech.
• Read a variety of materials, to prepare documents and reports, and to supervise staff.
• Work continuously for at least two hours at a time.
• Lift, carry and hold up to 10 lbs.

How to Apply

Fill out the form at the bottom of this page and submit your resume.

Equal Employment Opportunity Statement

Alchemist CDC is committed to diversity, equity and inclusion among its workforce and our hiring process anonymizes all resumes and application form responses before making the first level decisions of which applicants to invite to interview, in order to mitigate any implicit/subconscious bias.

Alchemist CDC is an equal employment opportunity employer and does not discriminate against employees, job applicants or program service recipients on the basis of race, religion, color, sex, age, national origin, mental or physical disability, reproductive health decisions, sexual orientation, veteran or family status, traits historically associated with race, including hair texture and hairstyles e.g., braids, locks, twists, and other unspecified hairstyles associated with race, or any other status or condition protected by applicable federal, state, or local laws, except where a bona fide occupational qualification applies. This policy extends to all aspects of the employment relationship, including, but not limited to, recruiting, interviewing, job assignments, training, compensation, benefits, discipline, use of facilities, participation in Alchemist CDC-sponsored activities, termination, and all other terms, conditions, and privileges of employment.

Alchemist CDC provides reasonable accommodation to enable individuals with disabilities to perform the essential functions of the position. Please notify us if you need reasonable accommodation for any part of the application and hiring process.