Nov 09, 2020

Finance Manager

$55,000 yearly
  • Inspiration Ministries
  • Inspiration Ministries, Wisconsin 67, Walworth, WI, USA
Full time Accounting Finance Management Ministry Nonprofit

Job Description

Position Description:

The Manager of Finance is a strategic thought-partner and a hands-on, participative leader responsible for the financial management of Inspiration Ministries. Specifically, the position is responsible for accounting, financial reporting, budgeting, forecasting, financial modeling, payroll, tax-compliance, investments, insurance, and audit functions of the organization. The position ensures that there are effective financial and accounting system controls and standards in place.

The Manager is a reliable professional with a broad knowledge of accounting, financial, and business principles. He/she is a strategic thinker and effective leader who can guide the ministry towards long-term sustainability. The Manager reports to the Director of Operations and works closely with the Executive Team.

Major Responsibilities

• Oversee all financial and accounting operations including accounts payable, receivables, payroll, end of year reporting, resident account reconciliations, and other administrative bookkeeping functions.
• Ensure that accounting provides highly effective financial planning, reporting and analysis.
• Prepare, examine and analyze accounting records, financial statements, or other financial reports and ensure accuracy, completeness, and conformance to reporting and procedural standards.
• Oversee all resident financial management processes, systems, etc., ensuring compliance with state and federal regulations.

Forecasting, Cash Planning, Resource Management, Budgeting
• Oversee short and long-term cash flow forecasting, including ensuring accuracy and completeness, tracking forecast accuracy and leading Executive Team to refine processes, in order to effectively manage cash and ensure sufficient liquidity to accomplish the organization’s objectives.
• Proactively work with Executive Team members as a strategic partner.
• Monitor and report cash balances, including monthly forecasting, to the Executive Team.
• Annually prepare capital spending schedule and proactively manage timing of expenditures.
• Develop 5-year financial forecast in line with strategic plan.
• Lead annual budgeting process to ensure achievement of 5-year strategic plan.
• Lead the screening of potential business and program expansions to mitigate financial and resource risks.

Financial Reporting and Analysis
• Oversee development of monthly financial reporting and supporting commentary.
• Lead monthly budget vs. actual reviews with functional area department heads to ensure effective expense and income management inter-departmentally; proactively advise and develop countermeasures and strategy.
• Develop and maintain financial dashboard to track risks and opportunities to ensure achievement of financial targets, identifying opportunities to mitigate risks, and present to President and Board of Directors.
• Lead annual pricing analysis with insights to inform pricing strategy.
• Identify areas financial analysis that needs to be conducted and lead team to develop and present to President with actionable insights.
• Evaluate organization expansion opportunities, leading development of financial models.

Negotiation and Audit
• Strong negotiation skills required. • Responsible for working with vendors to determine payment terms that favor the organization and ensure sufficient working capital. • Develop and maintain excellent working relationships, representing the organization professionally at all times. • Oversee audit and tax functions, coordinate activities with outside audit firm and review firm’s performance.

Minor Duties (20% to 25% of Job):
• Proficiency in all aspects of corporate accounting and all pertinent rules and regulations. • Maintain the confidentiality of residents, families, colleagues and other sensitive situations within the organization.
• Maintain auto dealer licensing and assist with special events as needed.
• Participate in and provide input for IM committees, task forces, etc.
• Participate in and provide input for IM strategic planning.


Years of Experience: 7 years of experience (preferred)
Education: Bachelor’s degree in finance/accounting

Additional Requirements:
• Strong verbal and communication skills.
• Strong computer skills able to work with various software types.
• Work primarily in a defined office environment with specified hours, flexible hours may be required or allowed; interacts one-on-one and in groups with individuals from a diverse range of backgrounds; availability for occasional out-of-office meetings,

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