Manager, Finance (DC Office)

About Flamboyan Foundation

Guided by the belief that all children deserve the opportunity to live a fulfilling life, Flamboyan Foundation works to ensure every child in the US and Puerto Rico receives an outstanding education. In Puerto Rico, we are focused on improving reading proficiency for students in the early grades and revitalizing the island by making strategic investments in arts, culture, and education. Our work in Washington, D.C. centers on strengthening family engagement in schools and school systems across the country through trainings, fellowships, and school-based partnerships.

Role Overview 

The Manager, Finance will support Flamboyan’s back-office financial functions of a $7-12 million budget. This includes various day-to-day accounting activities, including general ledger maintenance, accounts payable, accounts receivable, reconciliations, grants management, and budgeting, as well as overall financial compliance. You will support presentations to senior leadership and work closely with the Senior Managing Director of Finance and Operations and other key staff across the organization to ensure that Flamboyan has the systems and procedures in place to support effective program implementation and conduct impeccable audits. You are solutions-oriented, possess a strong attention to detail, bring some financial management or experience to the role, and thrive in a growing, entrepreneurial work environment.

Job Responsibilities

Finance and Accounting (85%)

• Under the supervision of the SMD, Finance and Operations, assist in preparing monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with organizational policies and accounting standards.
• Maintain general ledger, perform journal entries, reconcile accounts, and maintain payable, receivable, and accrued expense schedules throughout the year.
• Assist with all audit activity ensuring that all records and schedules are prepared and accessible for auditors.
• Review and update accounting policies and procedures, as needed.
• Support the preparation of tax filings and compliance with federal, state, and local regulations (e.g., 990, 1099, etc.).
• Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements .
• Assist SMD in the annual budgeting and planning process.
• Review budgets and compare to actual results; report variances at monthly review meetings to collaboratively identify, explain, and correct variances as appropriate.
• Assist with organizational cash flow by forecasting cash needs in partnership with program and operations staff across the organization.
• Adhere to internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures to ensure financial integrity and prevent fraud. Consider how our systems and practices are equitably accessible to users of diverse background.
• Work closely with program leadership and their staffs, to educate them regarding finance and accounting procedures, and to explore how the finance function can support program operations and potential equity dimensions of this work.
• Keep Senior Managing Director, Finance and Operations abreast of Flamboyan’s financial status and ensure staff continuously understand how their work and use of resources impacts the financial sustainability of the organization.

Grants (15%)

• Assist with all financial, project/program and grants accounting, including restricted and unrestricted grants. Grants account for 10-20% of our revenue and expenses.
• Ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period, ensuring proper allocation according to donor agreements and organizational policies.
• Prepare and review grant reports, ensuring accurate financial data for funders and stakeholders.
• Collate financial reporting materials for government, corporate, and foundation grants.

 Organizational Stewardship

• Serve as an ambassador for Flamboyan’s organizational brand generally and our family engagement work specifically locally and nationally.
• Model and foster the Flamboyan core values of People, Impact, Catalytic Action, and Equity.
• Responsibly steward financial and human resources.
• Continuously deepen your expertise and readiness to be an equity-centered team member with a willingness to confront your own biases and hold yourself accountable for disrupting them
• Actively and with confidence upward manage proactively.
• Confidently speak openly and courageously about your own equity journey.
• Acknowledge and correct mistakes without ego, maintaining a willingness to learn and grow.
• Be a skilled collaborator and look for ways to include internal and external stakeholders in your work.
• Other duties as assigned.

Skills and Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 2-4 years of experience in accounting or finance, with preference for non-profit experience.
• Knowledge of accounting principles, financial reporting, and budgeting processes.
• Proficiency in accounting software, NetSuite preferred
• Strong Microsoft Excel skills, with the ability to analyze data and generate reports.
• Familiarity with non-profit financial regulations and compliance requirements.
• Attention to detail with strong organizational and time-management skills.
• Ability to work independently and as part of a collaborative team.
• Strong written and verbal communication skills.
• Knowledge of grant management and government reporting is a plus

Work Location and Salary

Flamboyan Foundation is an in-person workplace. All staff are expected to work out of its DC office located at 1730 Massachusetts Avenue, Washington, DC. We are currently in the office four days per week with one day of telework. The salary for this position is $64,440.