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Title

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Nonprofit Finance Manager

Description

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We are looking for a dedicated and experienced Nonprofit Finance Manager to oversee the financial operations of our organization. The ideal candidate will have a strong background in nonprofit financial management, including budgeting, forecasting, financial reporting, and compliance. This role requires a strategic thinker who can provide financial insights to support the organization's mission and goals. The Nonprofit Finance Manager will work closely with the executive team, program managers, and external stakeholders to ensure financial stability and transparency. Key responsibilities include managing the annual budget process, preparing financial statements, overseeing grant management, and ensuring compliance with all relevant regulations. The successful candidate will have excellent analytical skills, attention to detail, and the ability to communicate complex financial information to non-financial stakeholders. This is a critical role that requires a proactive approach to financial management and a commitment to the values and mission of our organization.

Responsibilities

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  • Develop and manage the annual budget process.
  • Prepare and present monthly, quarterly, and annual financial statements.
  • Oversee grant management and reporting.
  • Ensure compliance with all relevant financial regulations and standards.
  • Provide financial analysis and insights to support strategic decision-making.
  • Manage cash flow and forecasting.
  • Coordinate with external auditors and manage the annual audit process.
  • Monitor and manage financial risks.
  • Develop and implement financial policies and procedures.
  • Support fundraising efforts with financial data and analysis.
  • Collaborate with program managers to develop and monitor program budgets.
  • Ensure accurate and timely financial reporting to stakeholders.
  • Manage accounts payable and receivable functions.
  • Oversee payroll processing and related compliance.
  • Maintain accurate and up-to-date financial records.
  • Provide training and support to staff on financial matters.
  • Assist in the development of financial strategies and long-term planning.
  • Ensure the integrity and accuracy of financial data.
  • Manage relationships with banks and other financial institutions.
  • Stay current with changes in nonprofit financial regulations and best practices.

Requirements

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  • Bachelor's degree in Finance, Accounting, or related field.
  • Minimum of 5 years of experience in nonprofit financial management.
  • Strong knowledge of nonprofit accounting principles and practices.
  • Experience with budgeting, forecasting, and financial analysis.
  • Proficiency in accounting software and financial management systems.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to communicate complex financial information to non-financial stakeholders.
  • Experience with grant management and reporting.
  • Knowledge of relevant financial regulations and compliance requirements.
  • Strong organizational and time management skills.
  • Ability to work independently and as part of a team.
  • Excellent written and verbal communication skills.
  • Proactive and strategic thinker.
  • Commitment to the mission and values of the organization.
  • Experience with audit processes and managing external auditors.
  • Ability to manage multiple priorities and meet deadlines.
  • Strong interpersonal skills and ability to build relationships with stakeholders.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Certified Public Accountant (CPA) or equivalent certification preferred.

Potential interview questions

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  • Can you describe your experience with nonprofit financial management?
  • How do you approach budgeting and forecasting for a nonprofit organization?
  • What strategies do you use to ensure compliance with financial regulations?
  • Can you provide an example of how you have managed grant reporting in the past?
  • How do you communicate complex financial information to non-financial stakeholders?
  • What experience do you have with financial audits and working with external auditors?
  • How do you manage cash flow and financial risks in a nonprofit setting?
  • Can you describe a time when you provided financial insights that influenced strategic decisions?
  • What financial management software and systems are you proficient in?
  • How do you stay current with changes in nonprofit financial regulations and best practices?