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Senior Finance Manager
4 months ago
Senior Finance Manager
Are you ready to leverage your financial expertise to drive change and empower communities? We are looking for a dynamic Senior Finance Manager to join our passionate team at NAKASEC, a leading Korean community-based organization committed to amplifying voices, shaping policy, and fostering a nationwide movement for progress.
NAKASEC seeks a Chicago-based Senior Finance Manager to work closely with our Finance and Compliance Director to ensure that NAKASEC, NAKASEC Action Fund, and Asian Americans for Change Funds finances are regularly managed and adhere to generally accepted accounting principles.
By joining NAKASEC, you'll become part of a dynamic team making a real difference. You'll have the opportunity to:
- Shape Policy: Your work will directly contribute to shaping federal policy and advancing our advocacy efforts locally and nationally.
- Build Community: Engage with a vibrant community of activists, organizers, and changemakers who share your passion for social justice.
- Grow Professionally: Take your career to the next level with opportunities for professional development, mentorship, and leadership roles.
- Hard Work Rewarded: Enjoy competitive compensation of $77,000 to $85,000 annually, depending on experience, comprehensive 100% employer-paid medical coverage, a retirement plan with 3% employer matching, life and disability insurance for added protection, health savings, and flexible spending accounts, and solid well-being and work-life balance including paid time off, vacation, sick days and the office is closed December 25 January 1 for reflection and rejuvenation.
As a seasoned Senior Finance Manager, you will oversee day-to-day financial operations with meticulous attention to detail, ensuring adherence to board-approved budgets, forecasting opportunities and challenges, and maintaining robust cash flow management. Your expertise will be pivotal in facilitating timely financial reporting in collaboration with our accounting firm while guaranteeing accuracy in bill payments, payroll processing, and tax obligations across multiple jurisdictions. Your responsibilities will include coordinating financial communications with key stakeholders, including Co-Directors, fiscal sponsors, and board members, and preparing and presenting financial reports to our Board of Directors. Moreover, you will play a central role in managing fiscal sponsorships, executing subgrants, and staying abreast of evolving tax laws and regulations to ensure compliance and mitigate risk. Your role will also nurture the growth and development of finance and compliance contractors engaged by NAKASEC, fostering a culture of excellence and accountability within the team.
To flourish as our Sr. Finance Manager, you should have:
- Proficiency in English
- Bachelors degree in Accounting, Finance, or a related field is required; an advanced degree, such as an MBA, MFin, or CPA designation, is preferred.
- Minimum 5 years of accounting or finance experience, preferably in the nonprofit sector or similar environment, with expertise in nonprofit accounting principles, fund accounting, and grant management.
- Strong analytical skills for evaluating financial data, interpreting trends, and providing insights to inform strategic decision-making.
- Ability to manage and work effectively with the finance team and reprioritize and pivot to meet deadlines set by NAKASEC, funders, and government.
- Experience in budget development, monitoring, forecasting, financial strategic planning, and long-term financial modeling is vital.
- Passionate about dismantling racism, sexism, queerphobia, transphobia, and other oppressive systems as part of our core mission.
Your responsibilities as the Sr. Finance Manager will include:
- Ensuring adherence to board-approved budget, forecasting opportunities, issues, and challenges.
- Managing cash flow, bill payments, payroll, and tax obligations across various states.
- Supervising accurate recording, classification, and reporting of transactions.
- Coordinating expense reporting, invoicing, and reimbursement for cost-sharing agreements.
- Facilitating fiscal sponsorships and collaborating with financial partners for audits and tax preparations.
- Prepare and present financial reports to the board of directors and executive directors, attending board meetings and collaborating with board treasurers.
- Produce and execute Memorandums of Understanding for subgrants and stay updated with tax laws and regulations, communicating changes internally.
- Develop, implement, and update strong internal controls, ensuring compliance and integrity.
- Prepare finance reports for funders, attend relevant meetings, and support NAKASEC Co-Directors with projects.
- Demonstrate commitment to social, racial, and economic justice, actively working towards eradicating systemic oppression.
Who we are
NAKASEC was founded by local Korean community-based organizations from across the United States. These organizations needed a robust and progressive voice that could impact federal policy and build a national movement. NAKASEC remains strongly connected with and informed by the local groups that originally formed us. Our affiliates serve as our channel to learn more about the issues impacting our community members at the grassroots level. This local-to-national channel directly informs NAKASECs national campaigns, policy agenda, and other projects.
NAKASECs affiliates are HANA Center (Illinois), Woori Center (Pennsylvania), MinKwon Center for Community Action (New York), Hamkae Center (Virginia), and Woori Juntos (Texas).
Join Our Movement
If you're ready to use your financial expertise to drive meaningful impact, we want to hear from you Together, we can build a more just, equitable society for all. Apply now and be a part of something truly transformative.
We are an equal opportunity employer that welcomes and encourages diversity in the workplace. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
