At a Glance
- Tasks: Lead financial health and operations at Mercy Neighborhood Ministries, ensuring smooth daily functions.
- Company: Mercy Neighborhood Ministries is dedicated to fostering community through compassion and integrity.
- Benefits: Enjoy comprehensive health coverage, generous paid time off, and a solid retirement plan.
- Why this job: Join a collaborative team that values integrity and offers impactful work in the nonprofit sector.
- Qualifications: Bachelor’s degree and 3-5 years in senior financial management; nonprofit experience preferred.
- Other info: Salary ranges from $90,000 to $110,000, depending on experience.
The predicted salary is between 72000 - 88000 ÂŁ per year.
The Director of Finance & Operations at Mercy Neighborhood Ministries (MNM) is responsible for overseeing the organization’s financial health, operations and human resource functions. Reporting directly to the Executive Director and providing support to the Board of Directors, this individual will bring a strong background in accounting, budgeting, financial oversight, and strategic planning. As a key member of the executive leadership team, the Director will work collaboratively with staff, fostering an environment of communication and teamwork. The ideal candidate will demonstrate an ability to manage high-pressure situations calmly, inspire and develop team members, and lead by example, all while embodying the core values of Mercy Neighborhood Ministries: integrity, compassion, trust, and care.
At Mercy Neighborhood Ministries, we strive to foster a culture of collaboration, compassion, and integrity. We seek an individual who shares these values and is committed to advancing our mission through sound financial stewardship and operational excellence.
Responsibilities- Collaborate with business unit leaders, senior management, and the Finance Committee to develop and manage operating budgets, performance metrics, and variance reporting across multiple business units.
- Oversee and manage all accounting functions, including general ledger, accounts payable and receivable, payroll, grant accounting, financial statements, and cash management.
- Report regularly to the Finance Committee on financial performance, including cash flow, financial analyses, and budget forecasts.
- Compile and submit financial information for grant applications and required reports.
- Represent MNM’s financial interests in contract negotiations and renewals alongside the Executive Director.
- Ensure compliance with licensing requirements and contracts, including insurance coverage, inspections, and other necessary documentation.
- Lead the annual financial audit in collaboration with an independent CPA, preparing year-end reports and journal entries.
- Manage operational and HR activities, including payroll, personnel records, compensation, and benefits administration.
- Develop and implement policies and procedures for effective facility management.
- Serve as the primary point of contact for facility-related vendors and contractors.
- Oversee the organization’s IT infrastructure and services in coordination with outside vendors.
- Work with the Facilities Manager to prioritize facility improvement projects and upgrades.
- Education and Experience:
- Bachelor’s degree in business, accounting, or a related field.
- A minimum of 3-5 years of experience in senior financial management, with some experience in operations.
- Expertise in accounting and payroll software, including QuickBooks, ADP, and Microsoft Office.
- Previous experience working in a nonprofit or educational organization is preferred.
- Familiarity with advanced accounting concepts, such as zero-based budgeting, cost accounting, overhead allocation, variable and rolling budgets, labor analytics, and forecasting.
- Strong communication and interpersonal skills with the ability to prioritize tasks and take initiative.
- Self-motivated with excellent time management and organizational skills.
- Ability to identify business finance challenges and recommend solutions for process improvement or innovation.
- Comfortable working on multiple initiatives simultaneously with a high degree of independence.
The salary range for this role is $90,000 to $110,000 (depending on experience). Along with the monetary compensation mentioned, you will receive the following benefits in this role with Mercy:
- Comprehensive Health Coverage: Enjoy 100% employer-paid medical, dental, and vision insurance for you (employee-only coverage), ensuring your health and wellness are fully supported.
- Generous Paid Time Off: Take time to recharge with 3 weeks of paid vacation, 10 sick/personal days, and 11 paid holidays throughout the year.
- Retirement Planning: Secure your future with a retirement plan that includes a valuable employer match to help you save for retirement.
- Life Insurance Protection: Rest easy knowing you’re covered with employer-paid life insurance (employee-only).
- Additional Voluntary Benefits: Access a variety of additional benefits through our HR services, including Flexible Spending Accounts and Supplemental Life Insurance, to tailor your benefits to your unique needs.
These benefits reflect our commitment to your well-being, work-life balance, and long-term security.
Director of Finance & Operations: Mercy Neighborhood Ministries employer: Bryn Mawr College
Contact Detail:
Bryn Mawr College Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Finance & Operations: Mercy Neighborhood Ministries
✨Tip Number 1
Network with professionals in the nonprofit sector, especially those who have experience in finance and operations. Attend relevant industry events or webinars to connect with potential colleagues and mentors who can provide insights into the role and the organisation.
✨Tip Number 2
Familiarise yourself with Mercy Neighborhood Ministries' mission and values. Demonstrating a genuine understanding of their commitment to integrity, compassion, trust, and care during conversations can set you apart as a candidate who truly aligns with their culture.
✨Tip Number 3
Prepare to discuss your experience with financial oversight and strategic planning in detail. Be ready to share specific examples of how you've successfully managed budgets and led teams in high-pressure situations, as this will resonate well with the expectations for the role.
✨Tip Number 4
Research current trends and challenges in nonprofit financial management. Being knowledgeable about these topics will not only help you in interviews but also demonstrate your proactive approach and readiness to contribute to the organisation's success.
We think you need these skills to ace Director of Finance & Operations: Mercy Neighborhood Ministries
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management and operations. Emphasise your expertise in accounting software and any previous roles in nonprofit organisations, as these are key for the Director of Finance & Operations position.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the mission of Mercy Neighborhood Ministries. Discuss how your values align with theirs and provide specific examples of how you've demonstrated integrity, compassion, and leadership in your previous roles.
Highlight Relevant Skills: Clearly outline your skills in budgeting, financial oversight, and strategic planning. Mention your ability to manage high-pressure situations and inspire team members, as these qualities are essential for the role.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for a senior management position.
How to prepare for a job interview at Bryn Mawr College
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with budgeting, financial oversight, and strategic planning. Highlight specific examples where you've successfully managed finances in a high-pressure environment, as this role requires strong financial management skills.
✨Demonstrate Leadership Qualities
As a key member of the executive leadership team, it's essential to convey your ability to inspire and develop team members. Share instances where you've led by example and fostered a collaborative environment, aligning with the core values of Mercy Neighborhood Ministries.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in finance and operations. Prepare to discuss how you would handle specific challenges, such as budget variances or compliance issues, showcasing your analytical thinking and innovative solutions.
✨Align with the Organisation's Values
Research Mercy Neighborhood Ministries' mission and values thoroughly. During the interview, express how your personal values align with theirs, particularly integrity, compassion, trust, and care, to demonstrate your commitment to their mission.