The Education Trust Looking for Finance Manager at Washington, DC Full Time

ABOUT THE POSITION

Based in Washington D.C., the Finance Manager will report to Chief Financial Officer and supervise two staff accountants.

The Finance Manager will help to ensure the financial health of the organization by designing and orchestrating compliance efforts, supporting clean audits, and collaborating proactively with stakeholders across the organization. This position will manage day-to-day financial operations in accounting and compliance, while supporting the monitoring, control, direction, allocation, and use of financial resources. The Finance Manager will also have the opportunity to develop a financial planning and analysis function from the ground up. We’re looking for someone with a strong background in nonprofit accounting and financial planning practices who is excited to support the mission of The Education Trust and our focus on educational equity.

ABOUT THE ORGANIZATION

Ed Trust is comprised of fierce advocates for the high academic achievement of all students — pre-kindergarten through college, particularly those of color or living in poverty. Through research and advocacy, Ed Trust’s goal is to close the gaps in opportunity and achievement that affect millions of young people across the U.S. — especially students of color and those from low-income families. We work alongside educators, policymakers, parents, and community and business leaders across the country to advocate transforming schools and colleges into institutions that serve all students well. Lessons learned in these efforts, together with unflinching data analyses, help shape our state and national policy agendas.

MAJOR RESPONSIBILITIES

The Finance Manager’s responsibilities include, but are not limited to, the following:

Accounting

• Coordinate and supervise daily accounting functions, including overseeing the general ledger; producing month-end and annual closing schedules; and preparing financial statements, pro forma reports, and other accounting analyses
• Ensure all records related to accounting activities are properly documented and retained
• Overseeing the day-to-day maintenance of financial information software systems (e.g., Bill.com, Tallie, Intacct)
• Collaborate with the Associate Director of Grants on Payroll Allocations and other Grant Management matters

Compliance

• Ensure the success of the annual audit process, including preliminary work, year-end audit engagements, and the reviewing of all audit schedules and financial statement drafts
• Reconcile the quarterly Form 941 to the general ledger
• Coordinate the preparation of the Form 990 and 990-T
• Build and maintain understanding of complex accounting, tax, and legal concepts and principles associated with various compliance needs
• Prepare annual compliance reports

Financial Planning and Analysis

• Help to design and stand up new financial planning and analysis function
• Develop Financial Analysis reports for monthly grant reports
• Coordinate annual organizational budget process, including developing training content using industry best practices
• Work collaboratively with divisions on budget development matters, and coordinating grant proposal development in Martus

People Management

• Manage and support the two-person accounting team through effective delegation, content expertise, project management skills, and high-quality feedback, coaching, and professional development
• Build shared ownership for diversity, equity and inclusion priorities within the team
• Ensure team member goals align to the departmental goals and work plan
• Assess the performance of team members through regular feedback, check-ins, and annual performance reviews using tools to mitigate against implicit bias

QUALIFICATIONS AND EXPERIENCE

We are looking for a combination of the following qualifications and experience:

• Passion for The Education Trust’s mission: to close opportunity gaps that disproportionately affect students of color and students from low-income families
• A bachelor’s degree in accounting, finance, or related field
• Four years of relevant experience in accounting, of which the majority was spent working for a nonprofit; a minimum of two years of supervisory experience
• Proficiency with generally accepted accounting principles and the full-cycle accounting calendar, audit routines and processes, month-end close processes, and payroll processing
• Experience building trusting supervisory relationships across lines of difference, translating team priorities into individual goals, and providing timely and actionable feedback to support team member growth and success.
• Effective project management skills to deliver work on time and on budget through detail-orientation, collaboration across teams, problem anticipation and mitigation
• Proficient with MS Office products including Outlook, Excel, and PowerPoint, and familiarity with hardware and software tools which aid in streamlining accounting tasks and facilitating financial reporting and analysis

COMPENSATION

The annual salary for this position starts at $83,000 and will be commensurate with experience. The Education Trust offers a competitive benefits package, including medical, dental, and vision benefits as well as a 403(b) retirement plan.

LOCATION

Washington, DC

QUALIFIED INDIVIDUALS, PLEASE APPLY:

This organization is an equal opportunity employer and welcomes candidates from diverse backgrounds.

Vaccination for COVID-19

At The Education Trust, the health and safety of our employees is of the utmost importance. As such, all Education Trust employees are required to be fully vaccinated and remain up to date on their vaccinations for COVID-19. New hires should be fully vaccinated and up to date on their COVID-19 vaccinations prior to their first day of work. Requests for accommodations due to medical or religious reasons, or in accordance with state or local laws, will be reviewed by Human Resources.