Finance Manager (3446)

POWER CENTER ACADEMY MIDDLE - SOUTHEAST; Memphis (TN); On-site; USD 75,000 - 110,000; Full time

Job summary

Southern Avenue Charter School is seeking a Finance Manager to oversee financial operations, including accounting, budgeting, and reporting. The role collaborates with the Executive Director and auditors to maintain fiscal integrity.

Ideal candidate holds a Bachelor's in Accounting or related field with 3–5 years in accounting, nonprofit or education sector experience, and strong Excel skills.

Qualifications

• Bachelor's degree in Accounting or related field.
• Minimum 3–5 years of accounting or financial management experience.
• Experience in K-12 education, nonprofit, or governmental accounting preferred.
• Experience with accounting software and Microsoft Excel required.

Responsibilities

• Prepare financial statements (balance sheet, income statement, and cash flow).
• Develop and monitor the annual operating budget with department heads.
• Perform monthly bank reconciliations and ensure accuracy.
• Oversee accounts payable/receivable and vendor payments.
• Maintain the general ledger and ensure GAAP compliance.
• Assist with annual audits and grant reporting.
• Monitor internal controls and safeguard assets.
• Coordinate with external auditors and leadership.

Skills

GAAP knowledge

Financial reporting

Budgeting

Account reconciliation

Excel proficiency

Communication

Education

Bachelor's degree in Accounting or related field

Tools

Accounting software

Microsoft Excel

Job description

POSITION SUMMARY

The Finance Manager is responsible for overseeing the financial operations of Southern Avenue Charter School, ensuring accurate financial reporting, regulatory compliance, and sound fiscal management. This position manages the school's accounting functions, budgeting processes, cash flow, and financial records while supporting the school's mission through effective stewardship of financial resources. The Finance Manager works closely with the Executive Director, school leadership, and external auditors to maintain the financial integrity of the organization.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Prepare and maintain accurate financial statements, including balance sheets, income statements, and cash flow statements.
• Develop, monitor, and manage the school's annual operating budget and assist department leaders with budget planning.
• Perform monthly bank reconciliations and ensure all accounts are reconciled accurately and timely.
• Oversee accounts payable, ensuring invoices are processed accurately and vendors are paid on time.
• Manage accounts receivable, including monitoring outstanding balances and ensuring timely collection of funds.
• Maintain the general ledger and ensure all financial transactions are recorded in accordance with Generally Accepted Accounting Principles (GAAP).
• Prepare monthly, quarterly, and annual financial reports for school leadership and the Board of Directors.
• Monitor cash flow and recommend strategies to maintain the school's financial stability.
• Assist with annual financial audits and coordinate the preparation of supporting schedules and documentation requested by external auditors.
• Ensure compliance with federal, state, local, and charter school financial reporting requirements.
• Prepare financial reports for grants and assist with grant compliance and reimbursement requests as needed.
• Monitor internal controls and recommend improvements to safeguard school assets.
• Assist with payroll-related accounting and benefit reconciliations as needed.
• Analyze financial data and provide recommendations to support strategic decision-making.
• Maintain confidentiality of financial information and employee records.
• Perform other duties as assigned by the Executive Director.

QUALIFICATIONS

EDUCATION

Bachelor\'s degree in Accounting, Finance, Business Administration, or a related field required. CPA, CMA, or Master\'s degree preferred.

EXPERIENCE

Minimum of three to five years of progressively responsible accounting or financial management experience. Experience in K-12 education, charter schools, nonprofit organizations, or governmental accounting preferred. Experience with accounting software and Microsoft Excel required.

KNOWLEDGE, SKILLS, AND ABILITIES

Strong knowledge of accounting principles, financial reporting, budgeting, and internal controls. Experience preparing financial statements and managing month-end and year-end close processes. Ability to analyze financial information and communicate findings clearly to leadership. Excellent organizational, analytical, and problem-solving skills. Strong attention to detail and accuracy. Ability to manage multiple priorities and meet deadlines. Effective written and verbal communication skills. Ability to maintain confidentiality and exercise sound judgment.

PHYSICAL REQUIREMENTS

Prolonged periods of sitting and working at a computer. Occasionally lift and move up to 25 pounds. Ability to travel occasionally for meetings or professional development, if required.

WORK ENVIRONMENT

This position operates primarily in an office environment within a school setting. The Finance Manager may occasionally work additional hours during budget preparation, audit periods, and fiscal year-end closing.