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Director of Financial Operations

Commonwealth Corporation

Job Location:

Boston, MA - USA

Monthly Salary: Not provided by the employer

Posted: 13 July 2026 (30+ days ago)

Application Deadline: 10 October 2026

Vacancies: 1 Vacancy

Job Summary

Director of Financial Operations

Organization Overview

Who We Are: Commonwealth Corporation is a quasi-public workforce development agency that strengthens the skills of Massachusetts youth and adults by investing in innovative partnerships with industry education and workforce organizations. Their main objectives include:

Building regional industry partnerships to train youth and the unemployed for in-demand jobs boosting their job opportunities.

Improving workforce skills to meet employer requirements leading to more competitive businesses job growth and better wages.

Engaging youth in pathways for post-secondary education and future careers.

Position Overview

The Director of Financial Operations provides strategic and operational leadership for the organizations core financial management functions including fiscal monitoring compliance contracts and procurement and budgeting.

As part of a quasi-public organization this role ensures that financial operations are transparent compliant with statutory and policy requirements and aligned with the organizations mission and strategic objectives. While the Director of Financial Operations does not oversee the organizations Controller and direct reports the position works collaboratively with those functions to ensure accurate financial data consistent reporting and effective financial decision-making.

Reports to: Vice President of Finance

Department: Finance

Classification: Full-Time Exempt

Work hours: 40 hours per week - Hybrid

Starting Salary: ($105000 - $130000) Employer contributes 13.2% of gross salary to a 401(a)-employee retirement plan. (Vested 100% on day 1 of hire)

Position Responsibilities

Strategic and Operational Leadership

Lead the planning coordination and execution of financial operational strategies policies and procedures that support effective stewardship of public resources.

Collaborate with the VP of Finance Controller and other leaders to strengthen financial processes reporting accuracy and internal controls.

Provide expert advice and analysis to executive leadership and the Board on fiscal operations budget performance and financial risks.

Serve as a senior resource on compliance and fiscal management issues across the organization.

Provide flex support on other financial strategic projects as needed.

Budget Development and Oversight

Lead the organizations annual budget process ensuring accuracy transparency and alignment with strategic priorities.

Provide ongoing budget monitoring variance analysis and forecasting to support management decision-making and present findings to the eight Program Directors on at least a quarterly basis.

Prepare and present financial and budgetary reports to the VP of Finance CEO/President and Board.

Collaborate with program leadership to ensure resources are allocated effectively and financial data reflects actual operations.

Fiscal Monitoring and Compliance

Oversee fiscal monitoring and compliance functions to ensure adherence to applicable state federal and grant requirements.

Review financial data to identify inconsistencies ensuring corrective actions are taken in coordination with the Controllers Office.

Leadership and Team Management

Supervise and mentor managers and staff within fiscal monitoring compliance contracts/procurement and budget teams.

Foster collaboration across divisions and maintain strong working relationships with accounting and program units.

Promote process improvement professional development and operational excellence.

Knowledge Skills and Competencies:

Minimum of 810 years of progressively responsible financial management experience including supervisory responsibility.

Experience in a public or quasi-public environment with responsibility for budget compliance procurement and fiscal oversight.

Demonstrated ability to collaborate effectively with accounting functions without direct supervisory authority.

Proactive approach to resolving challenges.

Strong understanding of public sector finance budgeting compliance and procurement laws and practices.

Working knowledge of accounting principles and financial reporting sufficient to identify and resolve data inconsistencies.

Excellent analytical problem-solving and decision-making skills.

Exceptional communication and interpersonal skills with the ability to work effectively with diverse internal and external stakeholders.

Demonstrated leadership organizational and project management abilities.

Proficiency in financial systems data analysis and Microsoft Office Suite (Excel PowerPoint etc.).

Benefits

Excellent benefits package including medical insuranceHRA(Health Reimbursement Account) (Employer pays first 75% of participant deductible expenses);Dental insurance (80% employer / 20% employee) vision 13 paid holidays 4 weeks accrued paid vacation per year generous paid sick time paid time off Short-Term Long-Term and AD&D Insurance Life insurance up to 250k Pre-tax parking and commuter benefits (debit card) and Health Flexible Spending Account (debit card). Eligible employer for the Public Service Loan Forgiveness Program (PSLF)

EEOC statement

Equal Employment Opportunity: Commonwealth Corporation is committed to building a culturally diverse workforce. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status protected veteran status or any other characteristic protected by law.

Research suggests that qualified women and Black & Indigenous POC may self-select out of opportunities if they dont meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive at CommCorp to apply for this role.

Commitment to Diversity Equity Inclusion and Belonging

As a leader in workforce development CommCorp is committed to Diversity Equity Inclusion and Belonging (DEIB). We strive to center DEIB in every facet of our work. This commitment requires us to identify and dismantle historical and existing barriers within systems policies and practices to create long-term economic opportunities and access for all.

The successful candidate is required to complete CORI background checks.

Required Experience:

Director

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