Senior Financial Operations Manager

1 week ago

Lakewood, Washington, United States Korean Women's Association Full time
Job Overview

The Finance Manager is essential in directing financial activities and resource management within a non-profit organization focused on social services, operating in a partially unionized context. This role is responsible for maintaining precise financial documentation, ensuring adherence to regulations, conducting financial planning and analysis, forecasting, management reporting, variance analysis, and annual budgeting, while providing financial insights to bolster the organization's mission and objectives.

The ideal candidate is a driven professional with over 4 years of experience in financial planning, analysis, and management. They should possess a positive demeanor, meticulous attention to detail, and a proactive approach. In this capacity, you will leverage business and program data alongside financial analysis to offer insights, pinpoint risks and opportunities, and assist departments in making informed decisions. You will oversee various billing and accounting tasks in conjunction with all other business operations.


Key Responsibilities:

  • Collaborate with organizational leaders to formulate and implement financial strategies that align with the organization's goals.
  • Prepare and scrutinize budgets, financial forecasts, and reports to provide management with valuable insights.
  • Utilize business and program data alongside financial analysis to identify risks and opportunities, supporting decision-making for department heads and senior leadership.
  • Monitor expenditure trends and advise management on cost-reduction strategies while ensuring program quality.
  • Oversee the budgeting process, collaborating with department heads to create, monitor, and adjust budgets as necessary.
  • Generate accurate and timely financial statements, reports, and analyses for both internal and external stakeholders.
  • Ensure compliance with accounting standards, regulations, and union agreements.
  • Manage the financial components of grant applications, including budget formulation, tracking, and reporting.
  • Work alongside social services program managers to ensure proper allocation and effective utilization of funds within grant and contractual requirements.
  • Oversee cash flow management and liquidity to meet operational needs while adhering to financial targets.
  • Coordinate and manage financial and regulatory audits, ensuring comprehensive and accurate financial documentation.
  • Implement and maintain robust internal controls to protect financial assets and ensure accuracy.
  • Enhance financial systems and technology solutions to improve operational efficiency and accuracy.
  • Engage with union representatives to address financial matters related to employee compensation and benefits.
  • Collaborate with department leaders to establish KPIs and consistently analyze program and department budgets.
  • Conduct quarterly reviews of program and financial status with various offices.
  • Manage the financial performance of reserves for optimal returns, including proposing investment policies.
  • Oversee audit and tax functions, coordinating activities with external audit firms.
  • Ensure compliance with local, state, and federal budgetary reporting standards.

Education and Experience:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; a Master's degree is preferred.
  • Professional certifications such as CPA or CMA are highly desirable.
  • 5+ years of progressive financial management experience, preferably in a non-profit setting, with union-related experience being advantageous.
  • Experience collaborating with departments to deliver budgets and forecasts.

Knowledge, Skills, and Abilities:

  • Strong understanding of non-profit accounting principles, regulations, and compliance.
  • Proficiency in financial management software and systems, with ERP and Financial Edge/Blackbaud being a plus.
  • Ability to translate organizational objectives into actionable steps and execute them with minimal supervision.
  • Excellent analytical and problem-solving capabilities.
  • Strong interpersonal and communication skills, including written, verbal, and remote communication.
  • Ability to work collaboratively and adapt in a dynamic environment.
  • Strong leadership and team management skills, with the ability to perform under pressure and meet tight deadlines.
  • Proficient in Microsoft Excel, Word, Outlook, PowerPoint, and QuickBooks.

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