Financial Manager

2 days ago

Lakewood, Washington, United States Korean Women's Association Full time
Job Title: Finance Manager

The Finance Manager will play a critical role in overseeing financial operations and managing resources within a non-profit social service organization that operates within a partially unionized environment.

Key Responsibilities:
  • Collaborate with organization leaders to develop and execute financial plans that align with the organization's strategic goals.
  • Prepare and analyze budgets, financial forecasts, and financial reports to provide insights to management.
  • Use business and program information and financial analysis to identify risks and opportunities, and support decision-making for department heads and senior leadership.
  • Monitor spending patterns and advise management on cost-saving measures while maintaining program quality.
  • Manage the budgeting process, working with department heads to create, monitor, and adjust budgets as needed.
  • Prepare accurate and timely financial statements, reports, and analyses for internal and external stakeholders.
  • Ensure compliance with accounting standards, regulations, and union agreements.
  • Oversee the financial aspects of grant applications, including budget development, tracking, and reporting.
  • Collaborate with social services program managers to ensure funds are allocated appropriately and utilized effectively within the grant/contractual requirements.
  • Monitor cash flow and manage liquidity to meet operational needs while adhering to financial targets.
  • Coordinate and manage financial and regulatory/grantor audits, ensuring accurate and complete financial documentation.
  • Ensure compliance with applicable laws, regulations, and union agreements in financial operations.
  • Implement and maintain effective internal controls to safeguard financial assets and ensure accuracy.
  • Oversee financial systems and technology solutions to improve efficiency and accuracy.
  • Collaborate with union representatives to address financial matters related to employee compensation and benefits.
  • Collaborate with department leaders to establish KPI's and produce analysis of program and department budgets on a consistent cadence.
  • Conduct quarterly program and financial status reviews with each of the 15 In Home Care offices and three social services offices.
  • Manage financial performance of KWA's rainy day reserves for optimal return to the organization, including proposing financial investment policies.
  • Oversee audit and tax functions, coordinate activities with outside audit firms and review firms' performance.
  • Ensure that record-keeping meets the requirements of auditors and government agencies.
  • Ensure compliance with local, state, and federal budgetary reporting requirements.
Education and Experience:
  • Bachelor's degree in Finance, Accounting, Business Administration, or related field; Master's degree preferred.
  • Professional certification such as CPA or CMA is highly desirable.
  • 5+ years of progressive financial management experience preferably in a non-profit organization, with union-related experience a plus.
  • Experience working with departments to deliver budget and forecast.
Knowledge, Skills and Abilities:
  • Strong understanding of non-profit accounting principles, regulations, and compliance.
  • Proficiency in financial management software and systems, ERP, and Financial Edge/Blackbaud a plus.
  • Ability to translate organizational/team objectives into actionable steps and execute with limited supervision.
  • Excellent analytical and problem-solving skills.
  • Strong interpersonal and communication skills including written, verbal, and remote communications.
  • Ability to work collaboratively and adapt in a dynamic environment.
  • Strong leadership and team management skills. Ability to work under pressure and meet tight deadlines.
  • Strong Microsoft Excel skills and proficiency with Microsoft Word, Outlook, and PowerPoint and with Quickbooks.

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