What are the responsibilities and job description for the Finance Manager position at Congregation Beth Israel Worcester?
Responsibilities:
The Finance Manager is responsible for maintaining Congregation Beth Israel’s books in compliance with
Generally Accepted Account Practices (GAAP) and the synagogue’s internal policies and practices and
providing financial reports to the Executive Director, VP of Finance/Finance Committee, and Endowment
Chair/Endowment Committee.
Accounts Payable and Accounts Receivable
- Manage and enter all accounts payables and process payments on a regular basis.
- Manage, enter, and process all receivables and payments (dues, donations, facility rentals, etc.) from
members, tenants, etc. and perform bank deposits.
- Manage collections; Distribute statements for dues, arrange payment plans, and contact congregants
as needed.
Accounting and Financial Reporting
- Manage all General Ledger accounts, charge types, donations, members in QuickBooks and Shul Cloud
- Reconcile cash, investment, and balance sheet accounts monthly
- Prepare month-end and year-end journal entries and other closing adjustments
- Prepare monthly financial statements for Executive Director and Finance Committee
- Advise the VP of Finance and the Executive Director on financial matters that require attention.
Budget
- Oversee the implementation of the budget in collaboration with the VP of Finance and the Executive
Director, including oversight of income and expenses.
- Prepare budgets for grant applications
Endowment
- Manage and oversee all transfers and reconciliations for multiple restricted and unrestricted
endowment accounts.
- Perform all Quick Books journal entries for restricted and unrestricted endowment and monthly fund
transfers.
Compliance and Annual Review
- Perform and submit Workman’s Comp audits yearly.
- Liaise with external accountant to prepare annual financial statements, providing all needed
information to the accountant.
- Follow and improve internal controls
Job Type: Part-time
Pay: From $35.00 per hour
Expected hours: 16 – 20 per week
Physical Setting:
- Office
Work Location: In person
Salary : $35