Finance Manager

Downtown Women’s Center•Los Angeles, CA

1d•$95,927 - $124,000•Hybrid

About The Position

The Finance Manager oversees financial management and compliance for Downtown Women’s Center’s government and private grants and contracts portfolio and leads the Finance & Grants team. The role ensures accurate grant budgeting, funder billing, financial reporting, revenue recognition, and grant-related reconciliations. Working closely with program leadership, Development, Accounting, and Executive Leadership, the Finance Manager supports strategic financial decisions, funder compliance, and reimbursement recovery. In partnership with the Accounting Manager, the role analyzes grant spending and budget-to-actual variances, prepares financial narratives, and supports month-end close, financial statement footnotes, and management reporting. The Finance Manager oversees grant and contract financial management, budgets, forecasts, billing, revenue management, financial analysis, reporting, accounting support, audit readiness, and related internal controls. The position leads preparation for funder monitoring reviews and audits, and coordinates training on grant and contract requirements. It supervises Finance & Grants staff, develops processes and reporting tools, and promotes collaboration across Finance, Accounting, Development, and Program teams. This is a full-time exempt hybrid role, with a minimum of two onsite days weekly. Office hours are 9:00 a.m. to 5:30 p.m., with flexibility to work evenings and weekends when necessary. Minimal travel throughout Los Angeles County is expected. The position requires California residency within 80 miles of DWC, availability for in-person meetings, and documentation of a negative TB test within the 12 months before the first day of hire.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
At least 3–5 years of experience in a Finance Manager or equivalent leadership capacity within a nonprofit organization.
At least 7 years of progressive experience in nonprofit finance, grants management, budgeting, financial planning, and reporting.
Significant experience managing government grants and contracts, including federal, state, county, and city funding.
Demonstrated experience with OMB 2 CFR 200 Uniform Guidance.
Experience preparing and reviewing grant budgets, funder invoices, and financial reports.
Experience supervising professional finance staff.
Strong understanding of nonprofit accounting principles and GAAP.
Advanced Excel and financial modeling skills.
Excellent verbal, written, analytical, and interpersonal communication skills.
Strong organizational and project management skills.
Ability to work independently, take initiative, and manage multiple priorities.
Demonstrated commitment to diversity, equity, inclusion, and cultural humility.
Must be a California resident living no more than 80 miles from DWC and available for in-person meetings.
Must provide documentation of a negative TB test result from within the last 12 months on the first day of hire.
Must be authorized to work in the United States; DWC does not sponsor employment visas.

Nice To Haves

Master’s degree in Accounting, Finance, Public Administration, or a related field.
CPA, CGMA, MBA, or similar professional credential.
Experience with ERP accounting systems; Sage Intacct is preferred.

Responsibilities

Oversee financial management of government and private grants and contracts, ensuring compliance with funder requirements, Uniform Guidance, and organizational policies.
Review and approve proposal budgets, contract budgets, grant modifications, and budget realignments before submission.
Partner with Development, Program Leadership, and Executive Leadership on grant application budgets and financial forecasts.
Monitor expenditures against approved budgets, identify spending and compliance risks, and communicate projections, concerns, and recommendations to management.
Ensure appropriate revenue recognition and grant accounting in accordance with GAAP and funder requirements.
Maintain knowledge of grant regulations, reimbursement methodologies, indirect cost allocations, and allowable cost principles.
Obtain and distribute insurance certificates and ensure insurance requirements are met throughout contract lifecycles.
Lead fiscal preparations for funder monitoring reviews, site visits, compliance examinations, desk audits, and assessments; coordinate timelines, documentation, and organizational readiness.
Develop monitoring readiness tools, compliance checklists, and standard operating procedures.
Lead cross-functional education and training on funding terms, allowable and unallowable costs, match requirements, performance obligations, reporting deadlines, revenue restrictions, and compliance risks.
Oversee preparation, review, and submission of government and private funder invoices.
Review billing documentation for accuracy, completeness, and compliance; work with program and accounting staff to resolve billing discrepancies, questioned costs, and reimbursement issues.
Monitor grant and contract accounts receivable aging, assist with collections, and ensure timely billing and maximum revenue recovery.
Analyze monthly grant spending, budget-to-actual results, and financial drivers; provide grant analysis and schedules to the Accounting Manager during month-end close.
Prepare variance analyses, spending forecasts, and financial narratives for financial statements and management reporting.
Assist with financial statement footnotes and disclosures related to grants, contracts, restricted funding, and program operations.
Identify financial risks, operational trends, and opportunities to improve financial performance, and communicate findings to leadership.
Assist the Director of Finance & Accounting with budgeting, forecasting, KPI reporting, and board presentation materials.
Review and approve grant-related journal entries, accruals, allocations, and adjusting entries; assist with monthly and year-end close.
Review grant reconciliations for consistency among subledgers, billing schedules, budget tracking reports, and the general ledger.
Support audit schedules and grant-related workpapers for annual financial audits, Single Audits, Yellow Book Audits, and funder monitoring visits.
Assist with implementing and maintaining grant and contract financial controls.
Hire, supervise, train, mentor, and evaluate Finance & Grants team members; set performance expectations and ensure accountability for quality and timely work.
Develop and enhance grant finance processes, reporting tools, and internal controls, and promote collaboration across Finance, Accounting, Development, and Program teams.
Perform other duties as assigned.