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Finance Manager

Posted by
Co-Impact
|
New York, NY
New
|
Published 21 days ago

Where You Fit

Until the Director of Finance joins the team (recruitment in process), the Finance Manager will report to the Associate Director of Operations and will support the overall financial management of the organization and its assets, including but not limited to procurement and vendor management, coordination of the relationship with accounting/bookkeeping and audit firms, forecasting, budgeting, and financial reporting functions, and so forth.


This is a unique time in our organization’s evolution, as we are building out our finance function independent from our fiscal sponsor, which has to date been handling all bookkeeping and maintenance of financial records, as well as all disbursement and receipt of funds. The successful candidate must have relevant experience in financial management, ideally in philanthropy or non-profit organizations, and a keen interest in both the entrepreneurial/start-up phase of a finance function as well as the ongoing management after start-up. Experience in setting up financial systems and policies for a start-up entity is highly preferred. 


The Role

Core responsibilities will include, but are not limited to, the following, and are subject to change over time as our finance function is more fully developed:

·      Manage procurement, contracts, vendor invoicing, and payments, in compliance with the organization’s policies and applicable law and accounting practices.

·      Coordinate the day-to-day relationships with banking partners, external accounting/bookkeeping firms, and audit firm.

·      Coordinate the development, review, and adoption of organization’s annual and long-term budget.

·      Support the creation of forecasts, projections, and other relevant analysis to enable decision-making and long-term planning.

·      Coordinate the production and accuracy of monthly financials, including formal financial reports as well as dashboards and other tools to enable internal decision-making.

·      Support the development of financial reporting to organization’s Board, leadership, and funding partners.

·      While Co-Impact continues being fiscally sponsored by New Venture Fund (NVF), coordinate the relationship with the NVF Finance team and ensure accuracy in monthly financials and other finance-related materials produced by them.

·      Support the preparation and submission of all federal and state filings, including Form 990 and CHAR 500.

·      Support with providing guidance to our program partners (grant recipients) on financial diligence; partner with the Grants Management team in conducting financial diligence and reviewing financial reports from program partners.

·      Support with other financial and overall operational efforts.


Qualifications, Skills, and Experience

·      Bachelor’s degree in business administration, accounting, finance, or a related discipline.

·      5+ years of relevant professional work experience, preferably with foundations and/or non-profits.

Professional familiarity with financial management, strategic investment, and business transactions.

·      Experience in procurement and vendor management.

·      Experience in budget development, forecasting, and financial planning.

·      Experience in coordinating banking and accounting relationships and coordinating annual audit processes.

·      Strong knowledge of financial and accounting best practices, including US Generally Accepted Accounting Principles (GAAP); demonstrated understanding of non-profit accounting related to 501(c)(3) organizations, including sophisticated fund and grant accounting, compliance, and reporting.

·      Familiarity with state, federal, and international laws and regulations concerning tax-exempt organizations, including IRS regulations impacting 501(c)(3) organizations.

·      Experience working in multiple foreign currencies.

·      Proven ability to analyze, interpret and communicate financial statements, budgets, and forecasts to diverse audiences. Proven analytical and problem-solving skills.

·      Ability to innovate process improvements, generate solutions, and ideas.

·      Experience interacting and communicating effectively with members of a complex organization at multiple levels.

·      Experience collaborating with internal colleagues and external partners to achieve goals.

·      Strong project management skills.

·      Ability to write and communicate ideas with clarity, especially in communications that blend data and narrative text.

Where You Fit

Until the Director of Finance joins the team (recruitment in process), the Finance Manager will report to the Associate Director of Operations and will support the overall financial management of the organization and its…

Details at a Glance

  • Time Commitment
    Full Time Schedule
  • Job Type
    Contract
  • Application Deadline
    August 7, 2022
  • Education
    4-Year Degree Required
  • Experience Level
    Mid-level/Managerial
Salary
At least USD $100,000
/ year

Benefits

Co-Impact’s compensation philosophy is guided by the following three principles:

·      Equity and Fairness: Our approach to compensation and benefits is designed to ensure that our global team is treated equitably regardless of location and without regard to gender, race, or nationality.

·      Transparency: We want Co-Impact’s employees to understand our salary structure and to feel confident that they are paid equitably, and potential job applicants to have an understanding of how the role for which they are applying will be compensated.

·      Accountability: As stewards of the philanthropic resources entrusted to us so that we are able to support our program partners, we are accountable to our donors and our board, to our staff, and to the general public.


In accordance with that philosophy, we include the salary for each position in our job postings; to ensure equity within the organization and for all candidates, we will not negotiate salary or benefits. The salary for this role is US $100,000 per year plus a comprehensive benefits package that includes 100% employer-paid health, dental, and vision insurance, 3% employer match on 401k contributions (plus an additional 3% employer contribution), pre-tax transportation benefits, and paid holidays, vacation, sick, and volunteer time off. In the U.S., the position is exempt for overtime purposes.

Co-Impact’s compensation philosophy is guided by the following three principles:

·      Equity and Fairness: Our approach to compensation and benefits is designed to ensure that our…

Location

Remote
Work may be performed anywhere in United States
Associated Location
245 Park Ave, New York, NY 10029, USA

How to Apply

Please apply online here by submitting a resume together with a one-page cover letter by August 7th. In your cover letter, please confirm that you are authorized to live and work in the United States. Because we are a small team, we regret that we can only respond to applicants selected for an interview. We also regret that we are unable to participate in informational calls prior to interviews. Thank you for your understanding.

Please apply online here by submitting a resume together with a one-page cover letter by August 7th. In your cover letter, please confirm that you are authorized to live and work in…

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