Finance Manager

Downtown Women's Center•Los Angeles, CA

19h•Hybrid

About The Position

The Finance Manager oversees the financial management and compliance activities 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 while supporting strategic financial decisions and maximizing reimbursement opportunities. The Finance Manager works with program leadership, Development, Accounting, and Executive Leadership, and partners with the Accounting Manager on month-end close and financial reporting, including spending analysis, budget-to-actual variance investigation, financial narratives, footnotes, and management reporting. The position leads grant and contract budgeting, forecasting, billing, compliance, and monitoring readiness; supports close, audit, and internal-control activities; and hires, supervises, trains, mentors, and evaluates Finance & Grants staff. The role is full-time and exempt, with a hybrid work arrangement requiring at least 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 within Los Angeles County is expected. Candidates must be California residents living within 80 miles of DWC and available for in-person meetings. A negative TB test result from within the prior 12 months must be documented on the first day of hire. Candidates invited to an in-person interview must complete an assessment covering Excel and financial analysis, financial statements, and accounting principles.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
At least 3–5 years serving 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 sources.
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 and manage multiple priorities.
Demonstrated commitment to diversity, equity, inclusion, and cultural humility.
Must be a California resident and live no more than 80 miles from DWC; must be available for in-person meetings at DWC.
Must provide documentation of a negative TB test result from within the last twelve 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 in accordance with funder requirements, Uniform Guidance, and organizational policies.
Review and approve proposal and 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 grant expenditures against approved budgets, identify spending or compliance risks, and communicate projections and recommendations to management.
Ensure appropriate revenue recognition and grant accounting treatment under GAAP and funder requirements; maintain knowledge of grant regulations, reimbursement methods, indirect cost allocations, and allowable-cost principles.
Understand insurance requirements, obtain and distribute insurance certificates, and ensure requirements are maintained throughout contract lifecycles.
Lead finance preparations for funder monitoring reviews, site visits, compliance examinations, desk audits, and fiscal assessments; coordinate timelines and supporting documentation and ensure organizational readiness.
Develop monitoring-readiness tools, compliance checklists, and standard operating procedures.
Lead organization-wide 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 timely submission of government and private funder invoices; verify supporting documentation for accuracy, completeness, and compliance.
Collaborate with program and accounting staff to resolve billing discrepancies, questioned costs, and reimbursement issues; monitor grant and contract receivables and assist with collections.
Analyze monthly grant spending trends, budget-to-actual results, and financial drivers; provide grant analysis and supporting schedules for month-end close.
Prepare variance analyses, spending forecasts, and financial narratives for financial statements and management reporting; assist with grant-related footnotes and disclosures.
Identify emerging 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 activities.
Review grant reconciliations and ensure consistency among subledgers, billing schedules, budget tracking reports, and the general ledger.
Support audit schedules and grant-related workpapers for annual financial audits, Single Audit, Yellow Book Audit, and funder monitoring visits.
Assist with implementation and maintenance of 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.