Finance Operations Manager

CDC Foundation

10h

About The Position

The Finance Operations Manager is responsible for managing and executing core financial transactions, including payroll, treasury and cash management, accounts payable, and accounts receivable. This role ensures timely, accurate, and compliant processing of financial activity and maintains strong internal controls over daily finance operations. The position works closely with internal teams and external vendors to support efficient and reliable financial processes.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
5+ years of hands-on experience in finance operations, with a strong focus on payroll, treasury, AP, and AR.
Solid understanding of GAAP and internal controls over financial transactions.
Experience working with payroll providers and banking platforms.
Strong attention to detail and ability to manage high-volume transactions.

Nice To Haves

Experience in nonprofit or grant-funded environments.
Familiarity with federal or state funding compliance.
Supervisory or lead experience in a finance operations function.
CPA, MBA, or relevant certification a plus.

Responsibilities

Oversee accounts payable processing, including invoice review, coding, approvals, and payment execution.
Ensure vendor payments are accurate, timely, and supported by appropriate documentation.
Maintain vendor records and ensure compliance with procurement and payment policies.
Manage 1099 reporting and vendor tax documentation.
Resolve vendor inquiries and discrepancies.
Review and approve expense reimbursements
Oversee billing and accounts receivable processes, including invoice generation and cash application.
Monitor receivables aging and follow up on outstanding balances to support timely collections.
Coordinate with program and development teams to ensure accurate billing, donor receipting, or reimbursement requests.
Maintain and document internal controls over transactional finance processes.
Perform and review balance sheet reconciliations related to payroll, cash, AP, and AR.
Support month-end and year-end close activities for assigned operational areas.
Prepare schedules and documentation for internal and external audits.
Assist in updating finance policies, procedures, and process documentation.
Serve as a key user for financial systems related to payroll, AP, AR, and banking platforms.
Identify and implement process improvements to increase efficiency, accuracy, and compliance.
Supervise and train finance operations staff as applicable.
Provide guidance to staff and internal stakeholders on transactional finance processes.
Serve as designated backup for payroll processing to ensure continuity during staff absences, peak processing periods, or emergencies.
Perform payroll review, validation, and submission when primary payroll staff are unavailable, in coordination with Human Resources and the payroll provider.
Review payroll registers, funding reports, and payroll-related journal entries as backup support.
Serve as backup for treasury and cash management functions, including bank activity monitoring, payment initiation, and cash reporting.
Act as secondary approver or processor for electronic payments (ACH, wires, checks) in accordance with internal control policies.
Support daily cash position monitoring and bank account administration as backup.
Assist with bank reconciliations and investigation of reconciling items when needed.
Maintain current knowledge of payroll and treasury procedures to ensure seamless transition of duties.
Participate in cross-training and documentation of payroll and cash management processes to support business continuity and internal controls.