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Title
Text copied to clipboard!Nonprofit Financial Manager
Description
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We are looking for a dedicated and experienced Nonprofit Financial Manager to oversee the financial operations of our organization. The ideal candidate will have a strong background in finance and accounting, with specific experience in the nonprofit sector. This role requires a strategic thinker who can manage budgets, financial reporting, and compliance while also providing financial insights to support the organization's mission and goals. The Nonprofit Financial Manager will work closely with the executive team, board of directors, and program managers to ensure financial stability and transparency. Key responsibilities include developing and managing budgets, preparing financial statements, overseeing audits, 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 high level of integrity, professionalism, and a commitment to the values and mission of our organization.
Responsibilities
Text copied to clipboard!- Develop and manage annual budgets.
- Prepare and present financial statements.
- Oversee financial audits and ensure compliance.
- Monitor cash flow and financial performance.
- Provide financial insights to support strategic planning.
- Ensure compliance with all relevant regulations.
- Manage grant reporting and compliance.
- Coordinate with program managers on budgetary needs.
- Develop financial policies and procedures.
- Oversee payroll and accounts payable/receivable.
- Prepare financial reports for the board of directors.
- Manage investment portfolios and endowments.
- Conduct financial risk assessments.
- Implement financial controls and safeguards.
- Supervise finance and accounting staff.
- Collaborate with external auditors and consultants.
- Ensure timely and accurate financial reporting.
- Support fundraising efforts with financial data.
- Maintain accurate and organized financial records.
- Provide training and support to staff on financial matters.
Requirements
Text copied to clipboard!- Bachelor's degree in Finance, Accounting, or related field.
- CPA or CMA certification preferred.
- Minimum of 5 years of experience in nonprofit financial management.
- Strong knowledge of nonprofit accounting principles.
- Experience with financial software and systems.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Ability to communicate complex financial information clearly.
- Experience with grant management and reporting.
- Knowledge of regulatory requirements for nonprofits.
- Proven ability to manage budgets and financial reporting.
- Strong organizational and time management skills.
- Ability to work collaboratively with diverse teams.
- High level of integrity and professionalism.
- Commitment to the mission and values of the organization.
- Experience with audit processes and compliance.
- Strong leadership and supervisory skills.
- Ability to manage multiple priorities and deadlines.
- Proficiency in Microsoft Office Suite, especially Excel.
- Experience with financial forecasting and modeling.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with nonprofit financial management?
- How do you ensure compliance with financial regulations?
- What strategies do you use to manage and monitor budgets?
- Can you provide an example of a financial challenge you faced and how you resolved it?
- How do you communicate complex financial information to non-financial stakeholders?
- What experience do you have with grant management and reporting?
- How do you approach financial risk assessment and management?
- Can you describe your experience with financial audits?
- What financial software and systems are you proficient in?
- How do you ensure accuracy and attention to detail in your work?
- What is your experience with investment management for nonprofits?
- How do you support fundraising efforts with financial data?
- Can you describe a time when you had to implement a new financial policy or procedure?
- How do you manage and prioritize multiple financial tasks and deadlines?
- What leadership and supervisory experience do you have in a financial role?
- How do you stay updated on changes in nonprofit financial regulations?
- What is your approach to developing and managing financial reports for the board of directors?
- How do you ensure financial transparency within the organization?
- Can you describe your experience with financial forecasting and modeling?
- What motivates you to work in the nonprofit sector?
