Finance Director

The Maine Math & Science Alliance (MMSA) is a 501(c)3 nonprofit organization that finds inspiring new ways to get people excited about science, technology, engineering and math today, so that our youth can become the innovators and workforce of tomorrow. MMSA supports educators by:

  • Developing professional development experiences for K-12 educators
  • Conducting research and evaluation of STEM learning experiences
  • Building relationships and networks to sustain systemic statewide improvement

MMSA offers a work culture that is very team oriented, welcomes a mix of working-from-home and from-the-office work schedules, and is rooted in the belief that high quality professional development and programming for educators can influence the future of our state. MMSA staff includes some of the best talent in STEM education, including researchers and curriculum specialists.

MMSA provides an excellent benefits package including paid holidays and vacation time, a flexible work arrangement policy, health, dental, and life insurance, short and long term disability, extended family medical leave, and up to a 10% retirement fund match.  

 

Position Title: Finance Director

Salary Range: $65k – $85k

 

Qualifications:

  • Bachelor’s degree with a major in accounting is required, with master’s degrees is a plus.
  • Minimum of 3 years working experience in a similar role.   
  • Experience in commercial or non-profit accounting is required, with experience in organizational management preferred. Specifically, setting up and maintaining systems and protocols that meet federal guidelines and requirements
  • Experience in financial management, forecasting, reporting, risk analysis, and planning.
  • Outstanding knowledge and understanding of GAAP and Uniform Guidance CFR 2
  • Significant experience working with external auditors, internal controls and compliance-related issues
  • Experience supervising and managing a team
  • Solid analytical, reasoning, problem-solving, and communication  skills

 

Purpose of the Position:

MMSA’s Finance Director (FD) will act as a strategic partner with the executive director, operations director and finance committee of the Board of Directors to ensure that the organization’s financial operations are running smoothly and that they advance the organization’s mission. The FD will work to implement strategy and vision and serve as a key member of the executive team. The FD will work systematically to meet MMSA’s goals by addressing key financial process and infrastructure issues, assessing and evaluating financial performance with regard to long-term operational goals, budgets and forecasts. S/he will provide insight and recommendations to both short-term and long-term growth as communicated by the strategic plan. 

The FD will communicate and interact with the Board of Directors, ensure federal compliance by implementing and maintaining the appropriate internal controls, lead the budgeting and forecasting process, and monitor project and staff needs as it pertains to labor and grant planning. The FD will communicate with project staff to discuss project budget implications and federal compliance needs. He or she will be an internal advocate for efficiency, productivity and compliance within a team atmosphere.

Essential Functions:

  • Leadership
    • In partnership with the Executive Director (ED), oversee all aspects of MMSA’s financial operations
    • Supervise the finance team as they conduct accounting activities to ensure the proper function of the financial software and underlying support systems
    • Engage with finance chair and/or finance committee to communicate and plan short-term and long-term financial standing and strategies
    • Implement, with the support of the ED, Board, OD, the strategic plans, based on all available data
    • Establish productive working relationships between and among programmatic, administrative, research, and leadership staff to ensure that MMSA operates efficiently and productively
  • Federal Grant and General Financial Administration and Oversight
    • Review, revise and ensure application of appropriate internal controls that meet CFR 2, including sub-recipient monitoring and all functions for federal grant management and administration
    • Serve as the key point of contact for external auditors; manage preparation and support of all external audits.
    • Manage cash flow planning process and ensure funds availability
    • Initiate/negotiate contracts as required by projects and funders
    • Monitor internal financial processes and identify and employ the most efficient methods of running the organization, ensuring that the processes support efficient and timely financial reporting
  • Reporting
    • Ensure timeliness and accuracy of financial and management reporting data for staff, funders and Board, including the month and year-end close process and statement preparation
    • Develop and communicate monthly operating and project budget to actuals reports
  • Forecasting and Risk Analysis
    • Initiate the yearly budget process, coordinating with the ED and Operations Director (OD) to create and establish yearly financial objectives that align with MMSA’s plan for sustainability
    • In partnership with project managers, develop new project budgets and support management of ongoing project budgets
    • Identify, develop and execute analysis of business initiatives, product launches and /or new service offerings
    • Clearly articulate labor needs and shortfalls as they pertain to current staff and awards as well as MMSA’s pending or potential awards

Selection criteria:

  • A clear understanding of nonprofit accounting, GAAP and CFR 2
  • Experience developing financial policies related that comply with state and federal regulations
  • Ability to translate federal requirements into acceptable internal controls
  • Demonstrated experience with innovative approaches to diversification of revenue and a clear understanding of ROI
  • Ability to initiate and clearly articulate process/systems improvements as well as be the “Devil’s Advocate” to challenge processes/systems
  • Detail-oriented and organized. Experience keeping subsidiary records as required by funders or auditors  
  • Working knowledge of a range of software packages including Microsoft Office, Airtable, Excel and Access
  • Ability to work in a telecommuting-based team with a wide range of personalities and interests
  • Team player that complements the expertise of MMSA’s staff

 

To apply:

Please send a letter of interest that outlines your experience against each of the selection criteria above and a resume by email to hr@mmsa.org or by regular mail to Human Resource Director, PO Box 2246, Augusta, Maine 04338.

Materials should be submitted by Monday, June 28th to ensure full consideration.

During this pandemic educators have been forced to reinvent the way they reach kids and all of us here at MMSA have been working hard to shift our programming, professional learning opportunities, and research to overcome this incredibly difficult challenge for educators across Maine and the nation.  

Your support is a crucial component of our efforts to continually expand STEM education programs during these uncertain and challenging times.

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207.626.3230
Physical Address: 343 Water Street, Augusta, Maine 04330
Mailing Address: PO Box 2246, Augusta, Maine 04338