The Ladies Of Hope Ministries
Director of Finance
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Job Description
POSITION
Director of Finance
ORGANIZATION
The Ladies of Hope Ministries (The LOHM)
ABOUT THE ORGANIZATION
The Ladies of Hope Ministries (The LOHM) is a national non-profit organization whose mission is to empower individuals impacted by incarceration, the criminal legal system, domestic violence, and human trafficking to build sustainable lives, restore dignity, and reclaim their futures. Through supportive housing, reentry services, economic opportunities, educational programs, and strong advocacy, The LOHM amplifies the voices of those who have faced trauma, violence, and systemic injustice.
Our vision: EPIC: Ending Poverty and InCarceration Globally.
You can learn more here: https://thelohm.org
ABOUT THE POSITION
The Director of Finance owns The LOHM's financial management end to end and serves as the organization's senior finance leader, working in close partnership with the Chief Operating Officer. You will produce the financials that both leadership and the Board rely on, manage cash in a reimbursement-based grant environment, safeguard compliance across a portfolio of federal, county, and state awards, and supervise finance a part time bookkeeper. You step into a well-documented function with written procedures, a compliance calendar, and a structured onboarding with the outgoing finance lead.
Responsibilities include, but are not limited to
*Financial management and reporting*
* Prepare monthly financial statements for management and program directors, and quarterly and annual financials for management and the Board including
· Profit & Loss
· Budget v Actuals (by Program/cost center)
· Balance Sheet
· Ad Hoc reporting based on management needs
- Manage cash flow, including rolling forecasts, grant receivable timing, and disbursement planning
- Lead the annual budgeting process and support program-level budget development
- Forecasting fundraising budget with Development to set revenue goals for events, campaigns, grants and donor stewardship.
- Review and submit payroll and bill payments prepared by finance support staff, maintaining separation between preparation and approval
- Review bank reconciliations and own the monthly close
- Manage fiscal compliance across public and private grants (including HUD CoC, county contracts, and state sub-awards): billing, drawdowns, fiscal reporting, and audit trails
- Maintain and apply the organization's cost allocation policy across programs
- Serve as fiscal point of contact for funders
*Audit and risk*
- Lead preparation for and facilitation of the annual audit and serve as primary auditor contact
- Review insurance coverage and manage renewals
- Partner with the Chief Operating Officer on operational compliance matters with fiscal impact
- Maintain the organization's compliance and obligations calendar (filings, registrations, renewals, report deadlines)
- Manage part time bookkeeper and agency auditor
CANDIDATE REQUIREMENTS
The ideal candidate will possess the following qualifications
- 10+ years of finance experience (nonprofit experience preferred), with at least 2 in a leadership or controller level role
- Experience with public and private grant fiscal management (HUD, county, or state funding), including cost allocation, reimbursement billing, and funder monitoring
- Fund accounting fluency and experience owning a monthly close
- Proficiency in QuickBooks, Excel, Microsoft Office, and payroll platforms; comfortable being the system administrator
- Experience presenting financials to non-financial audiences, including boards
- Bachelor's degree in accounting, finance, or related field; CPA, MBA, or equivalent experience a plus
- Commitment to The LOHM's mission; lived experience or experience working with justice-impacted communities valued
- Entrepreneurial spirit, strong time management skills
- Exceptional communication and relationship-building skills, including the ability to translate financial data into clear, actionable steps
- Compliance and understanding of Generally Accepted Accounting Principles (GAAP)
LOCATION
The Ladies of Hope Ministries operates programming in New York City, NY, Prince George’s County, MD, New Orleans, LA and Miami, FL with plans for expansion. This position is structured as either hybrid, based on location, with of 2-3 days in person or remote.
COMPENSATION AND BENEFITS
This salary range is $90k - $110k, commensurate with experience, Benefits include medical, dental, vision (80% employer paid), short term disability, paid time off and holidays.
QUALIFIED INDIVIDUALS, PLEASE APPLY
Submit a detailed cover letter describing your interest and qualifications and a current resume with a cover letter and 3 professional references to [email protected]. Please add Director of Finance in the subject line.
The Ladies of Hope Ministries (The LOHM) provides equal employment opportunities for all applicants and employees. Formerly incarcerated, minority, bi-cultural, and LGBTQ are encouraged to apply. All qualified applicants will be considered for employment without unlawful discrimination based on race, color, creed, religion, national origin, citizenship, age, sex, disability, sexual orientation, gender identity, gender expression, military status, marital status, familial status, pregnancy, arrest or conviction record, unemployment status or any other characteristic protected by applicable law.
Pay: $90,000.00 - $110,000.00 per year
People with a criminal record are encouraged to apply
Work Location: Hybrid remote in New York, NY 10027
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