Finance Manager
Our client, a dynamic and impactful non-profit organization, is seeking a new Finance Manager to join their team in Indianapolis, IN.
Position Overview: The Finance Manager will play a critical role in managing the financial operations of the organization, ensuring compliance with regulatory requirements, and providing strategic financial guidance to support our mission-driven initiatives.
Key Responsibilities:
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Financial Planning and Analysis:
- Develop and maintain financial models to support strategic planning and decision-making.
- Prepare annual budgets and forecasts in collaboration with department heads and senior leadership.
- Conduct financial analysis to identify trends, opportunities, and risks.
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Financial Reporting and Compliance:
- Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual statements.
- Ensure compliance with all relevant regulatory requirements, including tax filings, grant reporting, and audit requirements.
- Manage relationships with external auditors, tax advisors, and regulatory agencies.
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Cash Flow Management:
- Monitor cash flow projections and manage banking relationships to ensure adequate liquidity for operational needs.
- Implement and maintain effective cash management policies and procedures.
- Optimize cash flow through efficient management of accounts receivable and accounts payable processes.
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Grant Management:
- Coordinate the financial aspects of grant applications, including budget preparation and compliance.
- Monitor grant spending and reporting requirements to ensure compliance with donor restrictions.
- Provide financial reports and updates to grantors as required.
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Financial Controls and Risk Management:
- Establish and maintain internal controls to safeguard the organization's assets and ensure accuracy of financial data.
- Identify and mitigate financial risks through proactive risk management strategies.
- Continuously assess and improve financial processes and procedures to enhance efficiency and effectiveness.
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field preferred
- Minimum of 6 years of relevant experience in financial management, preferably in the non-profit sector.
- Strong understanding of non-profit accounting principles and regulations (e.g., FASB, IRS regulations).
- Proficiency in financial modeling, budgeting, and forecasting.
- Excellent analytical and problem-solving skills.
- Ability to communicate complex financial information clearly and effectively to diverse stakeholders.