Cash Paid Jobs in Silver Spring, MD (NOW HIRING)

Mission

The CASH Campaign of Maryland (Creating Assets, Savings and Hope) promotes economic advancement for low-to-moderate income individuals and families in Baltimore and across Maryland.

Opportunity

CASH is seeking a hands-on accounting professional to serve as the organization's first Finance Director and elevate the financial leadership and strategy of the organization. Established in 2017, CASH has an annual budget of between $3-4 million, with substantial revenue from government grants as well as foundations, program income, corporate, and individual contributions. The Finance Director will join a six-person management team and work collaboratively with them to develop strategy and help strengthen CASH's long-term sustainability and impact. This is a rare opportunity for a finance professional who wants to grow with an organization and do more than just manage the books.

Position Description

The Finance Director is responsible for the accuracy and integrity of the organization's finances and, in partnership with the CEO and COO, the overall financial health of CASH Campaign. This position works closely with the CEO, Board of Directors, and staff to maintain sound fiscal management, ensure regulatory compliance, and align financial resources with the organization's mission and goals. The ideal candidate brings a background in nonprofit accounting and grant management, with the ability to move comfortably between day-to-day financial operations and reporting and higher-level strategic thinking. CASH currently employs an Operations Manager and external accounting firm that will work in collaboration with this position.

Responsibilities

Financial Leadership and Strategy

• Oversee budget development and monitoring, ensuring efficient resource allocation.
• Lead financial forecasting and long-term planning.
• Work collaboratively with the management team to build financial strength and impact of organization.
• Provide strategic financial leadership in partnership with the CEO contributing to organizational strategy and sustainability.

Financial Management and Reporting

• Maintain the general ledger and ensure accuracy of financial records.
• Oversee payroll preparation and processing, including coordination with external payroll services.
• Manage accounts payable processes, ensuring timely and accurate payment of invoices.
• With the CEO, create and manage cash flow projections to ensure adequate capital for operations.
• Perform monthly account reconciliations for all bank and investment accounts.
• Prepare and post journal entries to ensure accurate financial records.
• Ensure compliance with GAAP, grant fiscal guidelines, and OMB regulations.
• Prepare and present comprehensive, timely, accurate and accessible financial reports for the Board and Finance Committee.
• Lead the annual audit process as well as preparation of IRS Form 990 and ensure compliance with regulatory requirements.

Grant Management and Reporting

• Coordinate receipt and documentation of grant awards and contracts.
• Ensure proper allocation and spending of grant funds.
• Create and monitor grant budgets, track expenditures, and provide regular reports to program directors.
• Create and maintain grant summaries detailing terms, amounts, and objectives.
• Prepare financial reports for funding agencies and assist with grant audits.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field preferred.
• Minimum 2-4 years of experience in nonprofit accounting and restricted grant management.
• Strong knowledge of GAAP and federal grant regulations.
• Familiarity with OMB Uniform Guidance and Single Audit requirements.
• Proficiency in QuickBooks Online and Microsoft Office suite.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and ability to manage multiple priorities.
• Ability to work collaboratively within teams with effective communication and interpersonal skills.
• Experience with government grant reporting and compliance.

Work Environment

• This position follows a hybrid work model, requiring a minimum of two days per week in the office, with additional in-person engagement as needed based on organizational demands.

Compensation

• Salary range $90,000-$110,000 commensurate with experience.
• CASH offers a comprehensive benefits package valued at approximately $25,000, including:
• Employer-paid health, dental, and vision insurance premiums
• 403(b) retirement plan with 4% employer match
• Short- and long-term disability coverage
• Health spending account
• $50/month cell phone reimbursement
• Paid parking or transit benefit
• Annual professional development support

Equal Employment Opportunity

CASH Campaign of Maryland is an Equal Opportunity Employer. We are committed to fostering a diverse, equitable, and inclusive workplace where all employees are treated with dignity and respect. We recruit, hire, develop, and promote qualified individuals without regard to race, color, religion, creed, sex, pregnancy, childbirth or related medical conditions, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local law.

We encourage candidates from diverse backgrounds and those with lived experiences that reflect the communities we serve to apply.

Reasonable accommodations will be provided throughout the application and employment process for qualified individuals with disabilities. Applicants requiring an accommodation should notify us at the time of application.