The Black Futures Lab 501(c3) works to make Black communities powerful in politics. We transform Black communities into constituencies that wield independent, political power at the municipal, state, and federal level. The problems our communities face are complex; the solutions to those problems require imagination, experimentation, and political power. We advance strategies that help us imagine the alternatives we deserve, while building political power at the local, state and national level in order to implement those alternatives.
This position is shared with our sister entity Black to the Future Action Fund, a separate 501(c4).
The Finance Director manages all financial activities for the organization, including but not limited to preparing, reviewing and tracking organizational and department budgets, and overseeing cash flow. The Finance Director also oversees all investment activities. The Finance Director reports directly to the Principal.
Budget Planning and Development
Develop financial strategy for the organization
Lead annual budget planning and monthly forecast process with fiscal sponsor to ensure proper reporting.
Prepare monthly and quarterly reporting packages for Principal, senior management, and Advisory Boards (B2AF and BFL);
Work closely with BFL and B2AF fiscal sponsors to align management and oversight systems;
Support creation of board and senior management presentations providing an overview of the organization’s results and updates to the financial budget for Board meetings;
Support department heads to oversee and monitor program budgets
Financial Monitoring and Oversight
Manage and ensure compliance with federal, state, and local law requirements for all 501c3. 501c4 and PAC expenditures and subsequent reporting;
Develop and implement internal controls and financial governance of the organization, in coordination with fiscal sponsor(s)
Work with Administrative team to develop and implement tools to improve reporting and analytics for revenue and key expense items, financial statements, and key metrics
Oversee fiscal sponsor accounting and ensure alignment and accuracy
Oversee cash flow management
Assess, manage and minimize financial risk to the organization
Analyze complex financial data
Work directly with the Principal to design and implement fundraising strategies
Develop organizational budgets as needed for grant applications
Monitor organizational budgets for grant requirements
Oversee financial reporting for grant requirements
Ability to work long hours, nights, and weekends, if needed
Ability to be available via text and/or phone to problem address urgent concerns if they arise
Due to concerns related to COVID-19, this position will function as remote until further notice.
Salary and Benefits:
Salary is $80,000 – $100,000. Black Futures Lab / Black to the Future Action Fund offers comprehensive benefits packages including but not limited to medical, dental, vision, life insurance, employee assistance and other resources to support a centered, healthy quality of life for staff and their families.
Proven experience as a Finance Director, particularly in a non-profit organization
Minimum of 5 years hands on experience with accounting and financial management
Ability to design, manage and implement strategy
Expertise in Google Suite and Microsoft Excel
Strong aptitude for math
Strong analytical skills
Strong knowledge of accounting principles
Proficiency in accounting software
Impeccable verbal, written, research, communication and deck creation skills and experience
Demonstrated alignment with Black Futures Lab / Black to the Future Action Fund’s mission, and a strong commitment to racial and/or social justice
Ability to prioritize competing projects and multi-task across a broad spectrum of collaborators, based in various office locations or working remotely
Able to work independently in a face-paced environment, with a proactive approach
Commitment to confidentiality and ability to exercise absolute discretion
Very strong interpersonal skills and the ability to build relationships with stakeholders, including staff, board members, external partners and donors
About Nonprofit HR
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