Finance Associate

Hybrid position but must work at NEW in Ann Arbor (MI) one day a week.

Primary Responsibilities Financial Services:

Provide ongoing client Bookkeeping services. (50%)

• Carry out financial managed services and consulting, providing assessments of an organization's financial condition, processes and practices, and making recommendations based on best practices and the client's unique needs.
• Provide one-on-one or small group training, including orientation to nonprofit f inancial concepts & responsibilities for current clients as part of their ongoing services as well as training-only engagements.
• Support clients in grant application & reporting, budgeting, tax filing, and f inancial audits and reviews, as outlined in client agreements.
• One-time interventional work to configure client books and reports
• Transition services for organizations wishing to move their current books from another platform to a discounted version of QuickBooks Online Plus.
• Carry out client bookkeeping services, proactively seeking to understand their mission, priorities, and financial health in the service of improving their ability to f lourish.
• Attend client Board meetings, Finance Committee meetings, and staff meetings to provide training and guidance, as outlined in client agreements.
• Conduct historical bookkeeping work to resolve inconsistencies and other problems, at the request of the client and on an hourly basis.
• Facilitate workshops, community events, and learning community sessions related to nonprofit finance and financial infrastructure.
• Pursue professional development and enrichment opportunities to stay current and advance knowledge in nonprofit financial practices.
• Provide support to NEW's fiscal sponsorship program alongside Program Manager, as needed.

Internal Finance:

Provide ongoing support for NEW's internal finances (25%)

• Enter accounting activities into Quickbooks Online Advanced including: ○ Accounts Payable ○ Accounts Receivable, including invoicing clients ○ Monthly account reconciliation ○ Depositing checks and setting up payments ○ Recording donor and grant payments, including funds for fiscally sponsored projects ○ Preparing payroll ○ 1099s to vendors annually
• Manage company credit cards and staff reimbursements (Bill.com) as well as other financial payment processors used by the organization (eg: Stripe, PayPal, Melio, etc.)
• Ensure an accurate and timely monthly accounting close, compliant with Generally Accepted Accounting Principles (GAAP).
• Comply with NEW's financial policies, procedures, and internal controls

Administration:

Participate in operational infrastructure, processes, and a workplace culture that supports our team's work and collaboration with partners. (25%)

• Participate in regularly scheduled staff meetings, staff summits, and other organizational and committee meetings.
• Regularly perform administrative duties such as time tracking and data entry.