Finance Manager

Central Virginia Housing Coalition • Fredericksburg, VA

8d

About The Position

The Finance Manager ensures the financial stability, accuracy, and operational integrity of Central Virginia Housing (CVH). This position oversees accounting operations, financial reporting, budgeting, grant financial management, internal controls, and regulatory compliance. The Finance Manager provides strategic financial guidance to leadership and collaborates across departments to support transparency, efficiency, and informed organizational decision-making. This role supervises the Finance Department and works closely with the Executive Director, Property Management, and program teams to maintain strong financial systems that support CVH's mission and long-term sustainability.

Responsibilities

• Financial Management & Reporting Manage all accounting operations, including accounts payable, accounts receivable, payroll review, bank reconciliations, and general ledger management.
• Prepare accurate monthly, quarterly, and annual financial reports for the Executive Director, Finance Committee, and Board of Directors.
• Lead the annual budgeting process and collaborate with department heads on program and operational budget development.
• Monitor budget performance, analyze variances, and provide recommendations for improved financial efficiency.
• Maintain internal controls to safeguard assets and ensure regulatory compliance.
• Coordinate annual audits as the primary point of contact for external auditors.
• Maintain depreciation schedules, asset tracking, and financial documentation.
• Ensure accurate and timely preparation of 1099s and other required filings.
• Maintain clear financial standards and processes that strengthen organizational consistency and accountability.
• Compliance & Regulatory Oversight Ensure compliance with GAAP, nonprofit financial standards, HUD regulations, and federal, state, and local reporting requirements.
• Oversee grant financial management, including budget development, tracking, and financial reporting throughout the grant cycle.
• Support payroll compliance, including tax filings, fringe benefit reporting, and coordination with third-party processors.
• Cash Management & Controls Oversee cash-handling procedures to ensure timely deposits, secure custody of funds, and accurate reconciliation.
• Monitor cash flow and maintain systems supporting organizational liquidity and risk reduction.
• Establish and maintain SOPs for cash handling across departments.
• Cross-Department Collaboration Partner with Property Management to ensure accurate tenant financial records, including fees, charges, and reconciliations.
• Work with program managers to ensure grant compliance, financial clarity, and operational support.
• Collaborate with administrative and accounting staff to align financial processes with organizational needs.
• Leadership & Staff Development Supervise and develop Finance Department staff through training, coaching, and performance evaluation.
• Support a culture of accuracy, ethical practice, accountability, and continuous improvement.
• Maintain up-to-date knowledge of financial regulations, nonprofit standards, and accounting best practices.

What This Job Offers

• Career Level: Manager
• Education Level: No Education Listed