DIRECTOR OF FINANCE at FellowshipLife Inc – Basking Ridge, New Jersey
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About This Position
About the Role
We are seeking an experienced Director of Finance to provide strategic and operational financial leadership for a nonprofit Life Plan Community (CCRC). This role is a key partner to executive leadership, ensuring strong financial stewardship, regulatory compliance, and long-term sustainability in support of our mission and commitment to high-quality resident care.
This is an opportunity for a collaborative, mission-driven finance leader who enjoys working across operations, operational teams, and leadership to make a meaningful impact.
What You’ll Do
This role is responsible for recording, reconciling, and reporting on the company's financial transactions:
- Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger functions.
- Ensure timely and accurate processing of all financial transactions.
- Maintain and enforce internal controls to safeguard assets and ensure financial statement integrity.
- Prepare monthly, quarterly, and annual financial statements and reports.
- Ensure all financial reporting complies with GAAP, state, and federal regulations.
- Coordinate and prepare for internal and external audits.
- Record, monitor and reconcile all liability accounts, including accounts payable, accrued expenses, accrued payroll and related debt, loans and leases, and other financial obligations to ensure accuracy and completeness.
- Ensure proper classification and disclosures.
- Assist in the preparation of financial statements
- Prepare detailed analyses and reports for internal and external stakeholders, including auditors and regulatory bodies.
- Analyze trends in all assets, liability, income and expense (ALIE) categories and provide insights and recommendations to management related to operational observations and opportunities for improvement.
- Develop and implement strategies to optimize the management of ALIE.
- Assist in cash flow forecasting and management, focusing on liability related cash outflows and entrance fee related cash inflows
- Ensure compliance with GAAP (Generally Accepted Accounting Principles) and company accounting policies.
- Identify opportunities for process improvements within the financial management and accounting functions.
- Implement best practices to enhance efficiency and accuracy in fiscal management.
- Participate in system upgrades and the improvement and/or implementation of accounting software and tools.
- Work closely with accounts payable, cash management accountant, and other finance teams to ensure cohesive financial operations.
- Support the budgeting and forecasting processes by coordinating providing liability-related data and insights.
- Assist in special projects and ad-hoc analyses as required by management.
Collaboration & Mission Support
- Partner closely with operational, clinical, and resident services leaders to support continuity of care and organizational goals.
- Provide financial guidance to department leaders to promote accountability and cost-effective operations.
- Foster transparency, shared ownership, and financial literacy across the organization.
- This position will make periodic travel to affiliate campuses for meetings with on-site management.
What We’re Looking For
Experience & Education:
- Bachelor’s degree in accounting, Finance, or a related field required.
- CPA Required, MBA, MHA, or similar advanced degree, a plus.
- 7–10+ years of progressive financial leadership experience.
- Background in nonprofit, senior living, healthcare, or other regulated environments strongly preferred.
Skills & Strengths:
- Strong knowledge of nonprofit accounting, budgeting, audits, and internal controls.
- Ability to balance mission-driven priorities with fiscal responsibility.
- Strategic, analytical thinker who can translate financial data into clear, actionable insights.
- Collaborative leader with strong communication skills and the ability to influence across teams.
- Proficiency with accounting systems and Microsoft Office Suite (advanced Excel skills required).
Why Join Us
- Mission-driven organization focused on resident-centered care
- Visible leadership role with executive and board-level engagement
- Opportunity to shape long-term financial sustainability
- Collaborative, values based and hospitality-driven culture
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Job Location
Job Location
This job is located in the Basking Ridge, New Jersey, 07920, United States region.