FinancialManager

• JOB TITLE**:Financial Manager
• JOB TYPE**:Full-Time, At-Will, Salaried (Essential Position)
• REPORTS TO**:Chief Financial Officer
• LOCATION:**14 Kennedy Street NW, Washington, DC 20011

Position Summary

The Financial Manager is primarily responsible for overseeing all financial operations, enhancing the accuracy of reports, and supporting strategic financial planning. Key responsibilities include supporting the CFO in developing contracts and budgets, conducting financial analyses, and facilitating negotiations, particularly regarding agreements with the Office of Contracting and Procurement (OCP).

SALARY**:**$100,000 - $130,000 (Depending on experience)

Essential Position Functions Include The Following

Supervise accounts, ledgers, and reporting systems to ensure compliance with applicable GAAP standards and regulatory requirements.

Assist with Accounts Receivable tasks, including preparing, reviewing, and submitting invoices for TCP contracts and grants.

Aid in data collection, budget review, analysis, comparisons, and forecasting for ERAP, SPC, and COC

Support the CFO by reviewing budgets, contracts, modifications, tracking actual expenditures, and ensuring alignment with strategic objectives.

Monitor providers' budgets, conduct spending and revenue analyses, and make recommendations to the CFO regarding contract renewals, budget adjustments, and financial performance.

Review capital expenditures, depreciation schedules, and recurring expenses for accuracy, policy adherence, and efficiency.

Conduct monthly, quarterly, and annual financial reporting for decision-making and compliance purposes.

Lead the annual budgeting process in collaboration with program managers and department heads, ensuring it aligns with organizational goals and priorities.

Monitor budget performance, analyze variances, and adjust forecasts as necessary to meet financial targets.

Provide budget guidance and support to program managers and department heads to enhance resource allocation and efficiency.

Maintain accurate and timely tracking of billing and payments for contracts and grants.

Prepare and oversee all program budgets while ensuring accurate financial reporting.

Communicate promptly with funders to resolve any billing or invoice submission issues.

Conduct timely revenue versus spending analyses and project future performance for contracts and grants.

Generate precise financial reports for grant spending, reconciliation, and closeouts.

Assist with budget review and analysis.

Perform quarterly Accounts Receivable analysis and updates.

Oversee and reconcile all agency bank accounts while coordinating to resolve any banking issues

Facilitate the preparation of all essential schedules for the annual audit.

Oversee the maintenance and proper use of the MIP accounting system by all users.

Manage the organization's cash position effectively.

Prepare and post necessary journal entries in MIP to ensure accurate accounting of all transactions, while retaining all related documentation.

Handle cash receipts and authorize petty cash expenses.

Supervise grant accounting, reporting, and compliance activities to ensure precise tracking of grant funds, expenditures, and deliverables.

Collaborate with program teams to develop grant budgets, oversee spending, and generate grant reports for funders. Act as the main point of contact for inquiries and audits related to grants.

[]{style="font-family: Symbol; font-size: 7pt;

"}