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Finance Director

Position Summary

The Finance Director is the senior financial leader of the Pasadena Senior Center (PSC), responsible for safeguarding the organization’s financial health, ensuring compliance with nonprofit accounting standards, and providing strategic financial guidance to the Executive Director and Board of Directors. This role oversees all financial operations, including budgeting, forecasting, accounting, audits, grants management, payroll, and financial reporting, and plays a key role in organizational planning and long‑term sustainability.

The Finance Director is a member of the senior leadership team and supervises finance and accounting staff.

Key Responsibilities

Financial Management & Reporting

• Financial oversight: Manage all day‑to‑day accounting functions, including AP/AR, general ledger, bank reconciliations, and monthly close.

• Financial reporting:  Prepare accurate monthly, quarterly, and annual financial statements for the Executive Director, Finance Committee, and Board.

• Budget development: Lead the annual budgeting process; monitor performance and provide variance analysis.

• Cash flow management: Maintain strong cash flow forecasting and ensure adequate liquidity for operations.

• Audit coordination: Serve as primary liaison with external auditors; prepare audit schedules and ensure timely completion.

Compliance & Controls

• Internal controls: Maintain and strengthen internal controls to protect organizational assets.

• Regulatory compliance: Ensure compliance with GAAP, IRS regulations, state charitable reporting, and grant requirements.

• Policy development: Update and enforce financial policies and procedures.

Grants & Contracts

• Grant accounting: Track restricted funds, prepare grant budgets, and ensure compliance with reporting requirements.

• Contract oversight: Review financial terms of contracts and monitor performance against obligations.

Banking & Financial Institutions

• Bank relationship management: Serve as the primary point of contact for PSC’s financial institutions.

• Authorized signers: Maintain and update authorized signers for all accounts; ensure proper documentation during leadership transitions.

• Investment oversight: Support the Executive Director and Board in monitoring investment accounts and adherence to PSC’s investment policy. 

Payroll & HR Support

• Payroll administration: Oversee payroll processing and ensure compliance with labor and tax laws.

• HR collaboration: Partner with HR on benefits administration, compensation analysis, and personnel budgeting.

Leadership & Strategy

• Strategic planning:  Provide financial modeling and analysis to support long‑term planning and capital projects.

• Team leadership: Supervise and mentor finance staff; foster a culture of accuracy, accountability, and service.

• Cross‑department collaboration: Work closely with program, development, and facilities teams to support operational needs.

Qualifications

• Bachelor’s degree in accounting, Finance, or related field required; CPA or MBA strongly preferred.

• Minimum 7–10 years of progressive nonprofit financial management experience.

• Deep knowledge of GAAP, nonprofit accounting, and fund accounting.

• Experience managing audits, grants, and multi‑fund budgets.

• Proficiency with QuickBooks or similar accounting software; strong Excel skills.

• Demonstrated ability to communicate complex financial information clearly to non‑financial audiences.

• Strong leadership, integrity, and commitment to PSC’s mission of serving older adults.

Working Conditions

This is a full‑time, exempt position based on‑site at the Pasadena Senior Center. Occasional evening or weekend work may be required for board meetings, audits, or special events.