Finance Manager (3446)

SOUTHERN AVENUE CHARTER ELEMENTARY SCHOOL OF ACADEMIC EXCELLMemphis, TN
Onsite

About The Position

The Finance Manager is responsible for overseeing the financial operations of Southern Avenue Charter School, ensuring accurate financial reporting, regulatory compliance, and sound fiscal management. This position manages the school's accounting functions, budgeting processes, cash flow, and financial records while supporting the school's mission through effective stewardship of financial resources. The Finance Manager works closely with the Executive Director, school leadership, and external auditors to maintain the financial integrity of the organization.

Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
  • Minimum of three to five years of progressively responsible accounting or financial management experience.
  • Experience with accounting software and Microsoft Excel required.

Nice To Haves

  • CPA, CMA, or Master's degree preferred.
  • Experience in K-12 education, charter schools, nonprofit organizations, or governmental accounting preferred.

Responsibilities

  • Prepare and maintain accurate financial statements, including balance sheets, income statements, and cash flow statements.
  • Develop, monitor, and manage the school's annual operating budget and assist department leaders with budget planning.
  • Perform monthly bank reconciliations and ensure all accounts are reconciled accurately and timely.
  • Oversee accounts payable, ensuring invoices are processed accurately and vendors are paid on time.
  • Manage accounts receivable, including monitoring outstanding balances and ensuring timely collection of funds.
  • Maintain the general ledger and ensure all financial transactions are recorded in accordance with Generally Accepted Accounting Principles (GAAP).
  • Prepare monthly, quarterly, and annual financial reports for school leadership and the Board of Directors.
  • Monitor cash flow and recommend strategies to maintain the school's financial stability.
  • Assist with annual financial audits and coordinate the preparation of supporting schedules and documentation requested by external auditors.
  • Ensure compliance with federal, state, local, and charter school financial reporting requirements.
  • Prepare financial reports for grants and assist with grant compliance and reimbursement requests as needed.
  • Monitor internal controls and recommend improvements to safeguard school assets.
  • Assist with payroll-related accounting and benefit reconciliations as needed.
  • Analyze financial data and provide recommendations to support strategic decision-making.
  • Maintain confidentiality of financial information and employee records.
  • Perform other duties as assigned by the Executive Director.
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