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03/12/2025
Finance
Finance Director
The Marion Institute, Inc.
Marion, MA
Description:
About the Marion Institute
The Marion Institute’s (MI) mission is to advance a culture of health. We exist to engage individuals and communities in systems level solutions at the intersection of food, wellness, and the environment.
We are committed to developing a team that reflects the communities that we serve
and strive to accomplish our goals by actively seeking people who bring diverse backgrounds and perspectives to join us in our work.
Primary Duties & Responsibilities
The Director of Finance is responsible for overseeing all financial aspects of MI’s operations. This role combines expertise in nonprofit financial management, budgeting, and compliance. This position will work closely with the Executive Director (ED), senior leadership, and the Board of Directors to align financial strategy with MI’s mission and goals.
Financial Management
Record and track accounts receivable transactions and prepare timely invoices.
Record payroll and retirement account entries, managing a separate payroll schedule.
Record monthly journal entries, including those for benefit allocations and unrealized gains/losses.
Record and track additions and releases of restricted revenue.
Responsible for endowment plan, budgets and compliance.
Prepare and update net asset roll forward schedule.
Review monthly accounts payable report to ensure accurate allocation with Human Resources Manager.
Responsible for monthly reconciliation of all financial accounts.
Manage monthly reconciliation of donor database with Development Associate.
Manage cash flow.
Prepare and maintain Fixed Asset Depreciation Schedule.
Record and manage inventory schedule.
Coordinate the financial aspects of fiscally sponsored projects, including managing accounting and financial reporting.
Establish policies to ensure accurate and efficient accounting.
Budgeting/Reporting
Prepare annual operating budget with ED and program leaders.
Assist in creating and reporting on event budgets.
Prepare monthly budget updates and review with ED and program leaders.
Provide timely reports and meet with the ED and the Board Finance Committee.
Prepare Quarterly Reports: Profit & Loss / Budget update, Balance Sheet, Net Asset Roll Forward Schedule, and Unrestricted Net Assets.
Grant Financial Management
Manage financial operations for MI’s programs and fiscally sponsored projects, ensuring compliance with grants, government contracts, and donor requirements.
Prepare grant budgets and financial reports for funders.
Develop strategies to improve program cost efficiency and enhance funding stability.
Monitor the financial performance to ensure alignment with organizational goals.
Annual Audit
Serve as the organization’s primary point of contact during the annual audit.
Prepare and organize the necessary documents as established by the audit firm hired by the MI and create timelines to completion.
Review and address any audit related findings with the ED and Board of Directors.
Risk Management and Compliance
Ensure compliance with all applicable financial regulations, including nonprofit accounting standards, audits, tax laws, and grant requirements.
Establish and maintain robust internal controls to safeguard assets and ensure financial transparency.
Proactively identify and mitigate financial risks across all areas of the organization.
Additional duties, as assigned.
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Requirements:
The candidate must possess the following:
Respect for diversity of opinion, experience, and background.
Enthusiasm, resourcefulness, and positive can-do attitude.
Ability to organize and prioritize work.
Proficiency in QuickBooks, Microsoft Word and Excel.
7+ years of professional bookkeeping and/or accounting experience.
Strong financial modeling, budgeting, and reporting skills.
Strategic thinker
with the ability to align financial planning with organizational goals.
Bachelor’s degree in Finance, Accounting, Business Administration, or a related field required.
Preferred skills:
Knowledge of nonprofit accounting regulations and grant compliance.
Experience managing an annual nonprofit audit.
Experience managing diverse revenue streams, such as government grants, private donations, and fee for service income.
Experience managing endowments with programmatic restrictions.
Knowledge of capital loans and compliance.
MBA, CPA, or equivalent advanced qualification.
Preference will be given to residents of the Southcoast MA community.
Multilingual candidates are encouraged to apply.
Additional Details
This is a full-time in-person position. The MI offers a generous and competitive benefit package that includes health insurance, dental insurance, life & long term disability insurance, 403B and Roth retirement plans, Flexible Spending Accounts and Dependent Care Accounts, an employee wellness reimbursement, one week of paid sick/ personal time, and four weeks of paid vacation time per year. The salary range is $80,000 – $90,000 per year, commensurate with experience.
The Director of Finance reports to the Executive Director.
How to Apply
Please submit a cover letter and resume to Abigail Smith, Human Resources Manager, to
[email protected]
or 202 Spring Street, Marion, MA 02738. Submissions without a cover letter will not be reviewed.
Application Deadline: Friday, March 28, 2025
Hiring Policy: As an equal opportunity employer, the Marion Institute will not discriminate in its employment practices due to an applicant’s race, creed, color, religion, national origin, sex, sexual orientation, gender identity, age, veteran or physical/mental disability status, or any other factor prohibited by law.
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Location:
The Marion Institute, Inc.
202 Spring Street, Marion, MA 02738.
Salary Range:
$80,000 to $90,000
Hours/Week:
40
Web Address:
https://www.marioninstitute.org/job-posting-finance-director/
Contact Info:
Abigail Smith, Human Resources Manager
[email protected]
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