Chief Financial Officer - Lanham - Ardmore

Description

• Pay or shift range: $175,000 USD to $190,000 USD. The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job‑related reasons.

Description

This CFO position at Ardmore is both highly strategic and deeply operational. As is common in nonprofit leadership, the role requires hands‑on involvement in day‑to‑day financial and organizational operations while also providing high‑level strategic leadership in close partnership with the executive team. We are seeking a hands‑on, mission‑driven CFO to support our growing organization. This role is a deal for a financial leader who thrives in collaborative, nonprofit environments.

Accounting & Financial Operations

• Personally oversee and participate in month‑end close, including journal entries, reconciliations, and financial statement preparation, while strengthening processes to improve accuracy and efficiency.
• Review and approve AP/AR transactions, payment runs, and general ledger activity, ensuring compliance with internal controls and nonprofit accounting standards.
• Manage daily cash flow, banking activity, and investment accounts while developing strategies to maintain liquidity and support organizational growth.
• Maintain hands‑on responsibility for LTSS/DDA billing, revenue recognition, and collections, while evaluating trends to improve reimbursement performance.
• Build practical, repeatable workflows for record retention, contract management, and audit readiness.

Budgeting & Financial Planning

• Develop the annual operating and capital budgets line‑by‑line, working directly with program leaders to align staffing, services, and funding realities.
• Produce clear monthly budget‑to‑actual analyses, explaining variances and recommending real‑time operational adjustments.
• Create cash projections and funding models to guide hiring decisions, program expansion, and risk planning.
• Translate financial data into actionable guidance for non‑financial managers to support responsible spending.

Payroll Oversight & HR Partnership

• Directly supervise payroll processing, tax filings, and benefit remittances, ensuring staff are paid accurately and on time.
• Partner with HR on wage and hour compliance, compensation practices, and benefit cost management.
• Evaluate payroll processes and implement improvements that reduce errors and manual work.

Compliance, Audit & Controls

• Prepare audit schedules and workpapers, serving as the primary day‑to‑day contact for external auditors.
• Update and enforce internal controls, segregation of duties, and approval processes.
• Oversee Form 990, DDA cost reports, and other regulatory filings, ensuring deadlines are met without last‑minute fire drills.
• Monitor insurance, contracts, and risk exposures and recommend practical safeguards.

Leadership & Organizational Strategy

• Present financial information to the CEO and Board in plain language that supports informed decision‑making.
• Work alongside a small finance team, rolling up sleeves when needed while coaching staff to build capacity.
• Identify cost‑saving opportunities and process improvements that balance mission impact with financial discipline.
• Partner with program directors to evaluate new funding opportunities and service changes from both mission and financial perspectives.

Grants & Contracts Partnership

• Hands‑on oversight of grant and contract budgets, reporting, and compliance.
• Preparation of funder reports and audit documentation.
• Cost allocation management aligned with funding rules.

Ideal Candidate

• Demonstrated experience as a hands‑on CFO or senior financial leader, ideally in a nonprofit or mission‑driven organization.
• Comfortable operating at both the strategic and operational levels.
• Strong collaborator with the ability to work effectively across departments.
• Practical, solutions‑oriented, and willing to engage directly in execution.
• Committed to the mission and values of the organization.

Education and Experience

• Bachelor's degree in Accounting, Business Administration, Finance, or a closely related field required; Master's degree strongly preferred.
• Certified Public Accountant (CPA) preferred.
• Must have a minimum of 10 years of experience in full‑cycle accounting or fiscal management; not‑for‑profit experience strongly preferred.
• At least 5 years' experience in accounting or fiscal management in a not‑for‑profit environment funded by Medicaid or other government source.
• At least 5 years' experience managing a team of accounting and/or finance professionals.
• Extensive knowledge of the principles, practices and procedures of accounting, finance, budgeting and planning for a not‑for‑profit agency.
• Knowledge of Development Disability Administration funding and billing preferred.
• Must be a strategic thinker with the ability to conceptualize and act upon the agency's financial objectives and operationalize these objectives.
• Ability to motivate and hold team members accountable.
• Demonstrate knowledge of laws, procedures, regulations, and best practices relating to not‑for‑profit accounting practices and financial reporting.

Ardmore is an equal‑opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.