Budget Director

Boston Community Development, Inc.; Boston (MA); On-site; USD 124,000 - 152,000; Full time

Benefits offered by this job

Health coverage

Retirement plans

Competitive benefits package

Job summary

Boston Community Development, Inc. seeks a Budget Director to lead the Finance Department’s budgeting, forecasting, and reporting efforts in Downtown Boston.

The role directs a Budget team, oversees grants and contracts, and ensures timely month- and year-end closes with strong fiscal controls. The ideal candidate has a Bachelor’s in accounting/management and 5+ years in nonprofit finance, with expertise in GAAP, grant management, and fund accounting.

Qualifications

• Bachelor’s degree in Accounting, Management or related field required.
• 5+ years of progressive nonprofit finance experience.
• Knowledge of GAAP and government/contracts grant reporting.
• Experience with nonprofit fund accounting and cost allocations.

Responsibilities

• Develop and lead annual budgeting process and monthly budget-to-actual updates.
• Oversee contract and grant expenditure billings and reporting.
• Ensure GAAP compliance and regulatory reporting.
• Coordinate annual financial statement audit and funder audits.
• Manage financial systems and upgrade processes for efficiency.
• Prepare state and federal reporting (UFR, Schedule of Federal Awards).
• Provide mentoring and staff supervision.
• Distribute monthly budget performance reports to program managers.

Skills

Leadership

Communication

Time management

Problem solving

Self-starter

Collaboration

Education

Bachelor’s degree in Accounting/Management or related field

Master’s degree a plus

Tools

Financial Edge

Microsoft Excel

Microsoft Office

Job description

Budget Director

Department: Finance

Employment Type: Permanent - Full Time

Location: Downtown Boston - Tremont Street

Compensation: $138,000 / year

Description

The Budget Director will report to, and partner with, the Chief Financial Officer as part of the Finance Department of ABCD. The Budget Director will directly supervise the Budget team. They will oversee accounting and analytical activities to support timely month end and year end closing, program and organizational budgeting, and forecasting. The Budget Director will maintain systems and manage the contract, grant, and fee for service billing function for the agency, in partnership with program leadership and development staff. This individual responds quickly and with sound judgment to a variety of situations in a fast-paced environment and handles sensitive information in a professional manner. They will be hands‑on and contribute at all levels including fiscal controls, internal and external reporting.

Key Responsibilities

• Develop and lead annual budgeting process and monthly budget to actual updates
• Develop processes and oversee staff to ensure that contract and grant expenditure billings are maximized and aligned with grant outcomes and program budgets. Assure compliant collection and submission of financial reporting materials for government, corporate, and foundation grants
• Stay current and ensure compliance with appropriate GAAP and regulatory requirements
• Assist with annual financial statement audit and filings with external audit team, and lead funder driven audits and fiscal reviews
• Manage, maintain and upgrade the agency financial fund accounting system and other financial applications to promote compliance and efficiencies
• Responsible for generating the state Uniform Financial Report (UFR), the Schedule of Federal Awards and the Schedule of Direct and Indirect Costs by Category, annually
• Assist program directors with budget preparation process
• Distribute, monthly, budget performance reports to program managers.
• Supervise and coordinate staff and provide mentoring, coaching and written annual evaluations
• Assist with maintaining compliant record retention policies for agency accounting files;
• Perform other related duties and projects as requested
• Provide training to staff on financial processes, updates, and compliance matters;
• Work collaboratively with and provide assistance to fellow team members to encourage cooperation and ensure performance goals are met
• Ensure high level of satisfaction, trust, and reliability for leadership, staff, and funders

Skills, Knowledge and Expertise

• Minimum of a Bachelor’s degree in Accounting, Management or related field, Master’s degree a plus
• 5+ years of progressive experience in a nonprofit organization.
• Knowledge of general accounting principles including reporting requirements and procedures related to federal/state contracts and grants, cost accounting and Uniform Guidelines
• Extensive knowledge of nonprofit revenue recognition, statement production and compliance
• Proficiency with nonprofit fund accounting systems; Financial Edge a plus
• Strong working knowledge of Microsoft Office (Intermediate/Advanced Excel is a requirement)
• Professional demeanor with demonstrated leadership skills; direct staff supervisory experience a plus
• Confident self-starter; ability to prioritize, juggle multiple deadlines and projects;
• Ability to troubleshoot, design, implement, and manage systems that contribute to an efficient working environment
• Excellent interpersonal and communication skills, as well as strong detail oriented, organizational, planning, problem solving and time management skills.
• Demonstrated collaboration skills with the ability to work effectively with senior leadership, staff, volunteers, and peers
• Exercise discretion in handling confidential information.

Expected Salary: $138,156.20 annually. Salary scales are set according to an explicit compensation policy and relevant market data. Due to funding restrictions and our strong focus on internal parity, this salary is thoughtfully aligned with the duties expected for this role, and offers are firm.

Why Work Here

• Make a Difference: Every day, your work directly impacts the lives of thousands in the Greater Boston community, empowering them and making positive, lasting change.
• Inclusive Environment: ABCD values the diversity of its workforce, with an inclusive culture that respects individuality and promotes collaboration.
• Continuous Learning: We offer numerous training and development opportunities, ensuring our staff remain at the forefront of community action methodologies and strategies.
• Comprehensive Benefits: At ABCD, we take care of our own, providing a competitive benefits package, including health coverage and retirement plans.
• A Legacy of Impact: Join an organization that boasts a legacy spanning over half a century, consistently championing the rights and needs of our community's most vulnerable.
• Teamwork & Camaraderie: Be a part of a passionate team, united in their mission to combat poverty, and ensure every individual can reach their fullest potential.