Finance Manager - Hybrid

Washington, DC
Posted on  

Job Description

At the Dance Institute of Washington (DIW), we are always on the lookout for talented individuals who share our passion for advancing equity in the dance world. As an organization committed to fostering an inclusive environment, we believe in the transformative power of diverse voices and perspectives. If you are driven, creative, and dedicated to making a positive impact in the arts, we welcome you to explore our employment opportunities. Join our dynamic team and be part of an organization that is making a difference in the lives of aspiring dancers and artists. Together, let’s pave the way for a more equitable and vibrant future in the world of dance.

DIW is currently looking for a Finance Manager. The Finance Manager will optimize DIW/DIW-REHC’s organizational finance and compliance functions to improve efficiency and ensure the short and long-term sustainability of the organization. This position will be responsible for assessing and evaluating current systems, policies, and infrastructure to ensure that DIW/DIW-REHC is operating with the most efficient business strategies and practices. The Finance Manager will identify opportunities for improved operational processes across the organization to streamline operations and implement increased standardization across DIW with an eye toward continuous process improvement.

The Finance Manager is a crucial steward of the organizational values and culture – championing DIW’s commitment to diversity, equity, and inclusion to foster a culture of innovation, learning, accountability, and continuous improvement along with a dedicated group of colleagues equally committed to DIW’s shared values.

Salary range: $72,000-$80,000

Location: Hybrid, 3 days per week on-site; 2 days remote

Benefits include:

  • Medical, Dental, and Vision insurance
  • 401(k)
  • Paid Vacation Days
  • Paid Holidays
  • Paid Sick Leave

Essential Job Duties include but are not limited to:

Financial Management

  • Oversee and supervise the accounts payable processes for vendors, lenders, and critical accounts for DIW/DIW-REHC.
  • Oversee all fiscal reporting, ensuring compliance with nonprofit GAAP, and federal and state laws.
  • Process payroll, working with the HR administrators and accounting vendors.
  • Enter all vendor invoices into Bill.com.
  • Coordinate recurring payments to ensure on-time processing.
  • Complete monthly inventory to ensure all invoices have been received and will be paid on time.
  • Develop optimized budgets and financial reports for foundations and major donors, working closely with the fundraising teams.
  • Direct the development and implementation of short-term and long-term fiscal planning including annual budgeting of $1.4 million and multi-year forecasting, ensuring the highest levels of fiscal responsibility.
  • Track and analyze cross-programmatic and organizational expenditures spending to ensure departments and projects stay within budget.
  • Serve as the organization’s primary point of contact for audit partners.
  • Optimize DIW/DIW-REHC finance and accounting policies, financial controls, and compliance systems; implement policies and systems that model best practices in each of these areas.
  • Manage organizational cash flow and forecasting across all DIW/DIW-REHC accounts.

Budgeting and Forecasting

  • Work with the Executive Team to prepare annual budgets in coordination with department heads.
  • Work with the Executive Team to prepare proposal budgets in support of fundraising activities.
  • Conduct monthly budget reviews and quarterly forecasting updates.
  • Complete spending analysis for grant reviews and funder reports.

Internal Controls and Compliance

  • Implement and monitor internal financial controls to safeguard the organization's assets.
  • Ensure compliance with external laws and internal policies.

Grant Management

  • In conjunction with the Development Director, generate grant agreements, contracts, and amendments.
  • Collaborate closely with DIW’s fundraising (development) team to help ensure that the organizations meet income goals.
  • Develop optimized budgets and financial reports for foundations and major donors, working closely with the fundraising teams.

Education and Experience

  • 5+ years of nonprofit finance experience for organizations with revenue of at least 3 million dollars.
  • Special consideration is given to individuals who have CPA.
  • Demonstrated expertise in managing organizational financial activity and systems, including budgeting, multi-year forecasting, modeling, accounting, and reporting.
  • Proven ability to navigate complex nonprofit compliance and risk management issues.
  • A strategic, analytical, and tactical thinker, with a record of success implementing strategic goals and priorities across an organization.

Additional Qualifications

  • Commitment to DIW’s mission and strong social justice orientation.
  • Effective and persuasive communicator, both oral and written, with exceptional emotional intelligence and interpersonal skills.
  • Confidence and capability to adapt and lead in a fast-paced, changing environment while also navigating ambiguity and change inherent to an evolving organization.
  • Possesses unquestionable personal and professional integrity, unwavering commitment to equity, and a growth mindset.
  • Innovative, creative, and willing to think outside of the box to develop solutions that meet DIW's unique needs and support our high-performing team.
  • Must be fully vaccinated against COVID-19 or willing to submit to weekly COVID-19 testing.
  • Able to provide proof of current TB test.
  • Ability to pass required pre-employment background checks and clearances.
  • Able to present acceptable identifying documents to complete the Form I-9 within three (3) days of hire.

Computer/Technology Skills

  • Proficiency with business equipment, software applications, and databases.
  • Must be proficient in MS Office 365 applications.
  • Ability to use a range of technology and tools, including but not limited to projectors, and Google.