Director of Accounting
Prospect Blue • Richmond, Virginia • Full Time
Posted on Wed, May 27, 2026
Job Description
ProspectBlue has partnered with a Richmond-based organization in search of a Director of Accounting to join its leadership team. This individual will serve as the organization’s senior accounting leader, overseeing all financial operations while ensuring fiscal integrity, regulatory compliance, and operational efficiency. The Director of Accounting will manage daily accounting functions, lead a small internal team, collaborate with third-party service providers, and partner closely with executive leadership to support strategic planning, budgeting, and financial decision-making.Key Responsibilities:
Accounting & Financial Leadership ~
- Own and maintain the General Ledger, including chart of accounts management, journal entry review, reconciliations, and month-end/year-end close processes.
- Ensure accurate and timely recording of financial transactions in accordance with GAAP.
- Prepare monthly, quarterly, and annual financial statements for leadership review.
- Develop and maintain strong internal controls and accounting procedures.
Financial Planning & Analysis ~
- Lead the annual budgeting process in partnership with executive leadership.
- Prepare monthly budget-to-actual reporting and provide variance analysis with actionable recommendations.
- Conduct financial modeling and analysis to identify trends, risks, and opportunities.
- Develop and manage bi-weekly cash flow forecasts to support organizational operations and growth.
- Supervise, mentor, and develop a team of two accounting professionals.
- Manage relationships with third-party service providers, including Medicaid billing partners.
- Serve as the primary liaison to the organization’s external CPA and auditors.
Operational Oversight ~
- Oversee accounts payable, accounts receivable, payroll, billing, and related accounting functions.
- Manage payroll processing and 401(k) administration while ensuring compliance with applicable regulations.
- Oversee specialized billing processes related to foster care and state-funded services, ensuring timely and accurate reimbursement.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field required; CPA and/or Master’s degree preferred.
- Minimum of 7 years of progressive accounting experience, including at least 2 years of supervisory experience.
- Experience within human services, nonprofit organizations, or other state-funded social service environments strongly preferred.
- Strong understanding of state-funded reimbursement models; experience with Title IV-E and other state billing systems highly desirable.
- Advanced proficiency in QuickBooks Online and Microsoft Excel.
- Experience with Melio, Extended Reach, or similar systems is a plus.
- Strong analytical, problem-solving, and financial reporting skills.
- Excellent communication and relationship-building abilities with leadership, staff, vendors, and external partners.
- High level of integrity, professionalism, and commitment to mission-driven work.
- Must be located in or near Richmond, Virginia and available for a hybrid work schedule (2–3 days in office).