CLOSED - Senior Finance Manager - Charlottesville Area Community Foundation
Position Title: Senior Finance Manager
Reports to: Director of Finance
Position Status: Exempt, Salaried; 40 hours/week
Salary: $91,000-$106,000 with robust employee benefits package detailed below
Location: Position is based in Charlottesville, VA. Hybrid work schedule with time in the office expected. Preference will be given to applicants who reside in or are willing to relocate to the service area of the city of Charlottesville or the counties of Albemarle, Buckingham, Fluvanna, Greene, Louisa, Nelson, and Orange.
Preference will be given to those who are directly impacted by the work of the foundation. We seek candidates with diverse experiences, including those who have lived experience with the social challenges that we seek to address and with the communities that have experienced adverse effects of unequal social and economic systems.
About Charlottesville Area Community Foundation
The Community Foundation was established in 1967 with a mission to improve the quality of life in Charlottesville and the surrounding counties of Albemarle, Buckingham, Fluvanna, Greene, Louisa, Nelson, and Orange. This region of more than 310,000 people includes a variety of rural and urban environments, and is home to a complex, and at times, deeply painful American history. The region’s changing demographics present opportunities for greater inclusion, and the Community Foundation is deeply committed to being a community-centered, equity-forward organization that ensures our region is one where everyone can belong, contribute, and thrive. As a tax-exempt, nonprofit public charity, the Community Foundation works with local residents, nonprofits, and public and private organizations to facilitate philanthropy through several hundred donor funds and scholarships while making local investments through its own discretionary resources.
Values & Cultural Promises
Our team believes that candidates who demonstrate and seek to develop the following qualities will find our organization an environment in which they can thrive:
Growth Mindset – to be willing and able to grow, change, and do things differently. Go beyond what training, experience, or upbringing has taught us and be open to challenging what we think we know. Be humble, curious, and open-minded to explore ideas or opportunities that are new to us.
Innovation Orientation/Sense of Possibility – to bring to the work a “how can we” or “how could this be possible” as opposed to a “we can’t” mindset. We can be in legal and ethical compliance and also question the way things have always been done or our assumptions about them in service of making change and progress.
Authenticity & Vulnerability – to be able to bring and share yourself with the team. While we each can make choices about personal boundaries and parts of our lives and selves that we prefer to keep private, we can be genuine and true to ourselves with each other. This is crucial to building trust.
A Spirit of Solidarity & Differentiation – to recognize and value our shared fate and invest in each other’s success. At the same time, we appreciate each person’s uniqueness and do not equate experiences or assume that having similar identities (such as race, gender, or position) makes us the same.
Direct Communication – to speak our own truth and listen deeply to each other in order to really negotiate and engage in genuine relationships. We give and receive feedback thoughtfully and respectfully, recognizing that this is critical for individual and collective growth and accountability.
Responsibility for Learning – to do the personal work to dismantle internalized ideas about self and others, to see the larger system and our individual locations in it, and to work together as effective change agents.
Position Summary
The Senior Finance Manager plays an essential role to ensure that the Community Foundation maintains strong financial health, sound fiscal stewardship, and organizational integrity and compliance to deliver on our mission to improve quality of life as a community-centered, equity-forward organization. This role reports to the Director of Finance and works with a team of 3 to execute thousands of transactions annually and ensure accuracy, compliance, and timeliness. The careful and expert oversight of our financial and accounting functions enable the Community Foundation to reliably facilitate the philanthropy of generous contributors and to ensure the sustainability of our assets to deliver on our mission now and into the future. Our community members, particularly those marginalized by unequal systems, are counting on us to make a lasting difference through our partnerships and programs so that we can become a region in which all people can belong, contribute, participate, and thrive.
The Senior Finance Manager helps ensure our foundation can keep our commitment to leave our community a more inclusive and equitable place for those who come after us. We are looking for a team member whose financial acumen, attention to detail, knowledge of leading financial and accounting practices, and analytical skills are coupled with a deep connection to social progress and personal integrity.
Essential Functions
The Senior Finance Manager reports to the Director of Finance and has primary responsibility to manage and execute the day-to-day financial and accounting activities, conduct monthly and quarterly financial reconciliations and reporting, and provide financial data and analysis. The Senior Finance Manager provides critical support to the annual auditing and budgeting processes and helps to ensure organizational compliance with relevant laws and tax obligations.
Responsibilities include:
Working with the Finance team to ensure the accounting function, including accounts payable and gift processing, follows leading practices and generally accepted accounting principles; establishing systems to ensure the analysis and monitoring of financial activity
Working with the Finance team to develop, contribute to, and maintain internal financial management policies and procedures, performance measures, and dashboards
Working with the Finance Assistant to ensure timely and accurate weekly transaction activity. Serves as back up for accounts payable and gift entry responsibilities.
Generating timely monthly, quarterly, and annual financial statements and financial analysis; supporting the timely reporting of investment activity to donors and fundholders
Contributing to organizational budgeting, reporting, and routine expenditure reports
Leading the annual audit; supporting the timely preparation and filing of the annual form 990
Ensuring accurate and timely investment reconciliations and earnings allocations
Execute cash management activities
Supporting organizational compliance with all applicable financial, accounting, legal, and regulatory requirements, and leading-practice standards (including efficiencies to integrate data and reporting within the robust financial software
Analyzing, interpreting, and effectively communicating financial data and information to internal and external stakeholders as requested.
Maintaining a system of strong internal controls; participating in changes when necessary
Participating actively in team culture-building and equity-learning work of the team
Other duties as assigned by supervisor.
Qualifications: Education, Work Experience, Skills, and Lived Experiences
We encourage applications from candidates who have lived experience with the social challenges that we seek to address and with the communities that have experienced adverse effects of unequal social and economic systems. Relevant lived experiences will be weighed equally with professional experiences.
While this position leads several key areas of our work, it is not our expectation that candidates have a mastery across all areas; instead, we encourage candidates to apply who have self-awareness and humility around areas they will need to grow in with the motivation and aptitude to lead learning required to hit the ground running. We do require that candidates will understand and value racial equity as an organizational operating principle and be committed to continued learning on issues related to diversity, equity, and inclusion.
Three or more years, or the equivalent, of directly relevant work experience at a senior accounting level
Strong understanding of US GAAP and a working knowledge of FASB and IRS regulations / standards as they apply to nonprofit agencies
Experience managing and prioritizing multiple projects
Personal qualities of integrity, credibility and discretion about confidential matters
Excellent computer skills, especially accounting related software, Word, Excel, Outlook and relational database programs; and aptitude to learn new programs quickly
Preferred Qualifications
Bachelor’s degree in business or a related field; master's degree or above in an applicable discipline and/or a CPA preferred
Experience in and knowledge of the nonprofit sector, foundations, and investment management
Experience with fund accounting systems (Foundant, iPhi, FIMS) preferred
Total Rewards Package Including Benefits:
The Community Foundation offers a robust employee benefits package, including:
Flexible work hours and location
Institutionalized ½ day Fridays that don’t require PTO
Paid parking
100% of employee health insurance paid
The opportunity to participate in a 401(k) with up to 6% employer match
20 days of personal time off in the first year of employment, plus 15 paid holidays
$100 per month maximum telecommunications reimbursement to offset phone/internet expenses
Up to 12 weeks paid parental leave (16 weeks for multiples)
60% Short Term Disability and 60% Long Term Disability + $100K life insurance
Opportunities for professional development and growth
The Community Foundation provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws. This applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, termination, layoff, leaves of absence, compensation, and professional training.
