What are the responsibilities and job description for the Finance Manager position at The Church of the Redeemer?
The Finance Manager is responsible for working closely with the Parish Administrator and Accounting Warden to support the financial management of the parish, adhering to nonprofit accounting best practices and church finance. This role includes financial reporting, budgeting, payroll processing, and assisting leadership in maintaining sound financial operations. The Finance Manager also supports the annual audit or financial review and ensures proper recording of contributions of securities (e.g., stock gifts). The Finance Manager reports to the Parish Administrator and is required to typically attend Finance Committee meetings. Compensation is competitive and includes comprehensive health and generous retirement benefits.
Key Responsibilities:
Financial Management & Reporting
- Maintain accurate financial records using modified cash-basis accounting principles.
- Prepare monthly financial reports, including income/expense statements, balance sheets, and fund accounting summaries for the Parish Administrator, Accounting Warden, Finance Committee.
- Monitor and reconcile operating funds, designated funds, endowment funds, and investments.
- Performing monthly bank reconciliations
- Assist the Parish Administrator with cash flow management
- Manage accounts payable, including invoice processing, approvals, and payments
- Support and provide necessary documentation for the annual audit or financial review, working with external auditors or accountants as needed.
- Accurately record and track contributions of securities (e.g., stock gifts), ensuring proper valuation, acknowledgment, and compliance with IRS regulations.
- Ensure financial transparency and compliance with nonprofit accounting standards and Episcopal Church financial policies.
Budgeting & Stewardship Support
- Assist the Parish Administrator in developing the annual parish budget.
- Track all contributions (pledged gifts, bequests, other gifts), and donor-restricted
- funds.
Payroll & Benefits Administration
- Process semimonthly payroll, ensuring compliance with clergy compensation guidelines (including housing allowance considerations).
- Administer staff benefits, pension contributions (through The Church Pension Group), and tax filings.
Investment and Endowment Support
- Maintain records of endowed funds, investment accounts, and donor-restricted funds, ensuring proper allocation and reporting.
- Ensure compliance with Uniform Prudent Management of Institutional Funds Act (UPMIFA) principles, laws of the Commonwealth of Pennsylvania, and best practices for church endowments.
Compliance & Internal Controls
- Follow financial policies and internal controls to protect parish assets.
- Provide restricted and designated fund tracking, ensuring donor intent is honored.
- Comply with IRS regulations, diocesan financial guidelines, and nonprofit reporting
- standards.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or Business Administration (or equivalent work experience).
- Minimum 3-5 years of nonprofit accounting experience, preferably in a church or religious institution.
- Strong knowledge of modified cash-basis accounting, endowment and investment fund accounting, and nonprofit financial best practices.
- Familiarity with recording contributions of securities (e.g., stock gifts), including valuation and donor acknowledgment.
- Experience supporting annual audits or financial reviews by preparing reports and providing documentation.
- Experience with clergy payroll and benefits administration is preferred.
- Ability to maintain confidentiality, accuracy, and professionalism in all financial
- matters.
About The Redeemer, Bryn Mawr
The Church of the Redeemer, Bryn Mawr is a historic Episcopal parish in Diocese of Pennsylvania. The church campus comprises eleven acres, including a landmark Church, award-winning Parish House, and historic churchyard cemetery. The Redeemer is led by three full-time clergy and served by ten more full and part-time lay staff.
How to apply:
Please submit a cover letter, resume/CV, and two references. No calls please.
Job Type: Part-time
Pay: $50,000.00 - $65,000.00 per year
Expected hours: No more than 30 per week
Benefits:
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible schedule
- Flexible spending account
- Health insurance
- Life insurance
- Retirement plan
- Vision insurance
Ability to Commute:
- Bryn Mawr, PA 19010 (Required)
Work Location: Hybrid remote in Bryn Mawr, PA 19010
Salary : $50,000 - $65,000