Manager, Finance and Accounting
Promise Resource Networkabout 1 year ago
Charlotte, North Carolina, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
The Finance and Accounting Manager is responsible for overseeing financial operations, ensuring compliance with regulations, and providing strategic financial guidance in a nonprofit environment. The role includes supervising accounts payable, accounts receivable, and payroll personnel.
Key Responsibilities
- Manage financial statements (balance sheets, income statements, cash flow statements) for the executive team, board members, donors, and stakeholders.
- Ensure transparency, accuracy, and timely tracking of both restricted and unrestricted funds.
- Oversee budgeting, forecasting, and financial planning by analyzing financial data.
- Ensure compliance with IRS 501(c)(3) regulations and GAAP for nonprofits, and manage internal and external audits.
- Oversee accounts payable, receivable, and payroll, implementing strong internal controls.
- Manage bank relationships and financial transactions to optimize working capital and operational efficiency.
- Track grant funding, donor contributions, and government funding while ensuring proper reporting and compliance with restrictions.
- Advise senior management on financial strategies, lead and mentor the finance team, and assist in decision-making to drive organizational growth.
- Implement innovative financing strategies, including impact investing, program-related investments, and social impact bonds.
- Develop strategies for reserve and endowment management to secure long-term sustainability.
- Integrate alternative investment principles for risk management and funding diversification, and lead financial due diligence for emerging initiatives.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Five or more years of progressively responsible experience in accounting or finance.
- Nonprofit experience with fund accounting, grant management, or working within a nonprofit environment.
- Proficiency with financial management systems (e.g., Xero, Jirav, Zeffy, or similar).
- Demonstrated ability to prepare and interpret financial statements, budgets, and forecasts.
- Strong analytical skills with the capability to translate financial data into actionable insights.
- Experience in developing, managing, and monitoring annual budgets and financial forecasts.
- Proven knowledge of establishing robust internal controls.
- Excellent leadership, communication, and interpersonal skills with a commitment to the organization’s mission and values.
- Ability to manage time effectively and work collaboratively with diverse stakeholders.
Benefits & Perks
- Compensation: $80,000 - $95,000 per year
Required Skills
Budgeting
Strategic Planning
Audit Management
Internal Controls
Team Leadership
Risk Management
Compliance
Financial Management
Nonprofit Accounting
Grant Management