Ardmore Enterprises · 4 hours ago
Chief Financial Officer
Lanham, Maryland, United States
Full-time
Onsite
Director/Executive
$165K/yr - $165K/yr
10+ years expArdmore Enterprises is a nonprofit organization seeking a hands-on, mission-driven Chief Financial Officer (CFO) to provide both strategic leadership and operational support. The CFO will oversee financial operations, budgeting, compliance, and organizational strategy while collaborating with the executive team and finance staff.
Non-profit Organization Management
Responsibilities
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
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
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
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
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
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
Qualification
Required
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
Bachelor's degree in Accounting, Business Administration, Finance, or a closely related field required
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
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
Preferred
Master's degree strongly preferred
Certified Public Accountant (CPA) preferred
Knowledge of Development Disability Administration funding and billing preferred
Company
Ardmore Enterprises
In Community Together
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase