What are the responsibilities and job description for the Accounting & Finance Manager position at SR1?

SR1 Accounting and Finance Manager

Job Overview :

SR1, an innovative nonprofit dedicated to community empowerment and helping K-12 students reach their highest potential, is seeking a passionate and experienced Accounting and Finance Manager. As a key financial leader, you will manage SR1's financial health and accountability, ensuring that our mission to enhance economic mobility and provide equitable access to education continues to flourish. SR1 is currently managing over 10 funders and striving to raise over $100 million to expand our impact. Join us to be part of a team that drives positive change in communities across Mississippi.

Key Responsibilities :

1. Financial Management and Reporting :

Oversee the financial operations of SR1, ensuring compliance with accounting standards and nonprofit financial regulations.
Prepare accurate and timely financial reports, including monthly financial statements, grant-specific reports, and annual budgets.
Ensure compliance with all grant-related financial requirements, maintaining transparency and accuracy in reporting.

2. Grant Management :

Manage financial aspects of grants, including tracking expenditures, ensuring proper allocation of funds, and preparing financial reports for grantors.

Work closely with program staff to ensure effective use of funds and provide support during grant application and audit processes.

3. Budgeting and Forecasting :

Develop and manage annual budgets in coordination with senior management and program leaders.

Monitor cash flow and make projections to support the organization's financial stability and growth.

Assist in strategic planning, providing financial insights and analysis to support decision-making.

4. Internal Controls and Compliance :

Maintain and improve internal financial controls, ensuring adherence to all applicable laws and regulations.

Coordinate audits and act as the primary point of contact for external auditors.

Ensure compliance with IRS regulations, GAAP, and other financial and tax reporting standards.

5. Team Collaboration and Development :

Collaborate with other departments to align financial goals with program needs and community impact initiatives.

Train and mentor finance staff, ensuring strong knowledge of nonprofit accounting practices and tools.

6.Additional Responsibilities :

Assist in preparing audits and compiling detailed financial reports for funders, ensuring transparency and accountability in the use of funds.

Prepare comprehensive financial reports for funders, detailing the allocation and impact of funds to support SR1’s mission.

Learn and utilize CRM platforms, such as Blackbaud or Salesforce, to support fundraising efforts by tracking donor engagement, managing funding pipelines, and ensuring accurate financial reporting for development initiatives.

Qualifications :

Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent certification preferred.

At least 5 years of experience in accounting or financial management, with a preference for nonprofit experience.

Strong knowledge of GAAP, grant management, and financial reporting.

Experience managing multiple grants simultaneously.

Excellent analytical, organizational, and communication skills.

Proficiency with accounting software and Microsoft Office Suite.

Ability to work collaboratively with a diverse team in a mission-driven environment.

Compensation and Benefits :

Competitive salary commensurate with experience and growth potential.

Comprehensive benefits package, including health, dental, and vision insurance, retirement plans, and paid time off.

Opportunities for professional growth and development.

Application Procedure :

If you are excited about the opportunity to contribute to a mission-driven organization that is transforming communities and empowering students, we encourage you to apply. Please submit your resume and a cover letter detailing your experience and passion for nonprofit financial management to info@SR1Tech.org by 11 / 21 / 2024 or until the position is filled.

SR1 is committed to fostering a diverse and inclusive work environment. We welcome applications from all qualified individuals regardless of race, gender, disability, or any other legally protected status.

This is more than a job; it’s an opportunity to make a lasting impact in underserved communities. We look forward to welcoming someone who shares our vision of community empowerment and educational equity.

www.SR1Tech.org

www.SR1CPSA.org

www.SR1AG.org

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