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Title
Text copied to clipboard!Financial Manager of Nonprofit Organization
Description
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We are looking for a Financial Manager of Nonprofit Organization to join our team and oversee all financial aspects of our nonprofit operations. The ideal candidate will be responsible for managing budgets, preparing financial reports, ensuring compliance with grant requirements, and supporting the organization’s mission through sound fiscal management. This role requires a deep understanding of nonprofit accounting principles, strong analytical skills, and the ability to communicate complex financial information to both financial and non-financial stakeholders. The Financial Manager will collaborate closely with executive leadership, program managers, and external auditors to ensure transparency, accountability, and sustainability. Key duties include developing and monitoring annual budgets, managing cash flow, overseeing payroll and benefits administration, preparing for audits, and ensuring compliance with federal, state, and local regulations. The successful candidate will also play a critical role in grant management, including tracking expenditures, preparing financial reports for funders, and assisting with grant proposals. This position requires a proactive approach to identifying financial risks and opportunities, implementing internal controls, and recommending process improvements. The Financial Manager will also be expected to stay current with best practices in nonprofit financial management and participate in ongoing professional development. This is an excellent opportunity for a mission-driven finance professional who is passionate about making a positive impact in the nonprofit sector.
Responsibilities
Text copied to clipboard!- Develop and manage annual organizational budgets.
- Prepare monthly, quarterly, and annual financial statements.
- Monitor cash flow and oversee banking relationships.
- Ensure compliance with grant and donor requirements.
- Coordinate and support annual audits.
- Implement and maintain internal financial controls.
- Oversee payroll, benefits, and related HR financial processes.
- Prepare financial reports for the board and executive leadership.
- Support grant proposal development with financial data.
- Identify and mitigate financial risks.
- Manage accounts payable and receivable.
- Advise leadership on financial planning and strategy.
Requirements
Text copied to clipboard!- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum 3 years of nonprofit financial management experience.
- Strong knowledge of nonprofit accounting principles (GAAP).
- Proficiency with accounting software (e.g., QuickBooks, Sage Intacct).
- Excellent analytical and problem-solving skills.
- Strong attention to detail and organizational skills.
- Experience with grant management and reporting.
- Ability to communicate complex financial information clearly.
- Familiarity with federal and state nonprofit regulations.
- Strong interpersonal and teamwork skills.
- Ability to manage multiple priorities and deadlines.
- CPA or equivalent certification preferred.
Potential interview questions
Text copied to clipboard!- What experience do you have with nonprofit financial management?
- How have you managed grant compliance and reporting in the past?
- Describe your experience preparing for and supporting audits.
- What accounting software are you most proficient with?
- How do you ensure accuracy and integrity in financial reporting?
- Can you provide an example of improving a financial process?
- How do you communicate financial information to non-financial staff?
- What strategies do you use for effective budget management?
- Describe a challenging financial situation you resolved.
- Are you familiar with federal and state nonprofit regulations?
- What motivates you to work in the nonprofit sector?
- Do you have experience with payroll and benefits administration?
