Assistant Director, Finance

Hebrew-Seniorlife-5; Brookline (MA); Hybrid; USD 78,000 - 140,000; Full time

Job summary

Hebrew SeniorLife in Brookline, MA seeks an Assistant Director of Finance to manage operational accounting, month‑end close, and budget processes across multiple entities. You will produce monthly analyses and ad‑hoc reports to support senior management decisions and coordinate with IT and HR departments on fiscal services.

The role requires strong GAAP knowledge, financial modeling skills, and effective communication with both accounting and non‑accounting staff.

Qualifications

• Bachelor's degree in Finance or Accounting from a fully accredited college.
• 5+ years progressive accounting experience across multiple entities.
• Strong knowledge of GAAP and financial reporting standards, procedures and controls.
• Excellent oral and written communication with both accounting and non‑accounting staff.
• Proficient in computer applications and financial systems used for accounting.

Responsibilities

• Oversee general ledger data entry, reconciliation and reporting.
• Manage intercompany transactions, cost transfers, allocations and eliminations.
• Own full-cycle accounting for complex entities (entrances, deferred revenues, restricted funds, financing).
• Review staff journal entries, balance sheet reconciliations and supporting schedules.
• Create monthly financial reports (Balance Sheet, Income Statement, Cash Flow) with commentary.
• Lead annual operating and capital budget processes and multi‑year forecasts.

Skills

GAAP knowledge

Financial analysis

Communication skills

Interpersonal skills

Time management

Financial systems knowledge

Financial reporting

Education

Bachelor's degree in Finance or Accounting

Job description

Job Description:Position Summary:The Assistant Director of Finance position will manage all operational accounting for the assigned entities, including the monthly closing process and balance sheet reconciliations. This position will work closely with other accounting staff and department managers to provide and analyze financial management information for the organization and will manage the annual operating and capital budget process. Additionally, this position will produce monthly ad-hoc reports to assist senior management in identification, analysis and re-forecast of monthly operational trends. This position is also the fiscal department’s liaison to other operating departments, corporate IT and HR departments, and helps centralize fiscal services.Core Competencies:Knowledge of functional accounting processes, including accounts payable, accounts receivable, payroll, cash receipts, cost allocations, capital asset accounting and intercompany transactionsKnowledge of Generally Accepted Accounting Principles (GAAP) and financial reporting standards, procedures and controlsStrong financial analysis and modeling skills with a high degree of accuracyAbility to communicate in a clear, professional manner in both verbal and written communicationsStrong interpersonal and customer service skillsKnowledge of financial systems and pertinent software applicationsMaintains a high level of accuracy, productivity and self direction with effective time management skillsPosition Responsibilities include:Financial Reporting and AnalysisResponsible for all aspects of general ledger data entry, account reconciliation and reportingManage intercompany transactions, including cost transfers, allocations, management fees and eliminationsOwn full-cycle accounting for the most complex parts of the entity, such as entrance fees and deferred revenues, restricted and investment funds, bond and tax credit financing, new project development and capital asset purchases; resolve escalated reconciling items and issuesReview and confirm staff journal entries, balance sheet reconciliations and supporting schedulesEnsure critical data such as resident actuarial information and entity census reporting is complete and accurateCreate monthly financial reports for HSL reporting as well as Balance Sheet, Income Statement and Cash Flow reports from the entity trial balance, along with supporting commentary on the financial results of operationsPrepare analysis and forecasts of cash availability; manage short term cash investmentsAudit, Tax and Regulatory LeadershipServe as the primary auditor contact for assigned entities, coordinating the client request list and managing fieldwork responsesLead the preparation for financial statement, single and compliance audits, including schedules and supporting documentationSubmit all required regulatory filings and support 990 tax filing preparationMonitor debt covenant compliance, reserve requirements and restricted fund balances; prepare debt schedules and lender reportingComply with abandoned property reporting requirementsBudgeting, Forecasting and AnalysisLead the annual operating and capital budget process for assigned entities in partnership with the Executive DirectorsBuild forecasts and multi-year projections, model the impact of rate, payor mix and occupancy changes and support pricing, capital planning and financing decisions.Assist in the preparation and presentation of consolidated HSL budgets and forecastsSupport HSL strategic planning and initiativesTechnical AccountingResearch technical accounting questions, document conclusions and recommend treatment per accounting standardsAssess and implement new accounting and reporting standards affecting HSL entitiesMaintain accounting policy documentation, close schedules and desktop procedures for the teamServe as an internal technical resource on accounting standards and financial systems for the staffLeadershipMentor and train fiscal staff, using review findings as teaching opportunities rather than corrections; train fiscal staff on revenue, payroll, A/P and A/R processes.Provide financial training and support to operating managers with a strong customer service focusLead process improvement, standardization and system implementation projects across the fiscal team.Assist with the testing and implementation of fiscal systems and softwareServe as backup to the Director of Finance during absences and peak work periodsPerform other duties as assigned.Qualifications:Bachelors degree in Finance or Accounting from a fully accredited college required5+ years progressive accounting experience, including full-cycle close ownership across multiple entitiesDemonstrated theoretical and practical knowledge of accounting concepts, practices and proceduresDemonstrated competence in pertinent computer applications and systemsAbility to communicate effectively with accounting and non-accounting staff and with outside business entities, as responsibilities require.Remote Type:HybridSalary Range:$77,929.00 - $140,273.00