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Coalesce Management Consulting (CMC) — Washington, District of Columbia
FINANCE AND ACCOUNTING MANAGER ABOUT PROSPERITY NOW At Prosperity Now, we help communities and organizations strengthen financial security through practical tools, research, and partnerships. Our approach is to innovate, incubate, activate, and elevate new and existing systems-oriented solutions that address the root causes of economic barriers to opportunity. ABOUT THE POSITION The Finance and Accounting Manager is responsible for managing the day-to-day accounting and financial operations of Prosperity Now and ensuring the accuracy, integrity, and timeliness of the organization’s financial records and reporting.
Requirements
, and organizational policies. Reporting to the CFO, the Finance and Accounting Manager serves as a key financial partner to Finance, Business Development, and Program staff, supporting budgeting, forecasting, grant and contract financial management, and internal and external financial reporting. The role provides oversight of restricted grant accounting, cost allocations, financial compliance, and the development and maintenance of strong internal controls.
The Finance and Accounting Manager also plays an important role in strengthening the organization’s financial infrastructure by improving accounting processes, increasing efficiency, and ensuring that financial information is accurate, accessible, and useful for decision-making.
into practical guidance for colleagues across the organization.
Prepare timely and accurate monthly financial statements, including the statement of financial position, statement of activities, cash flow reports, and other management reports Oversee accounts payable and accounts receivable processes, including timely vendor payments, customer and funder billings, collections, and reconciliation of related accounts. Prepare and review reconciliations of bank accounts and significant balance sheet accounts, including accounts receivable, accounts payable, prepaid expenses, accrued liabilities, grants and contracts, and other key accounts. Oversee accounting for payroll and related liabilities and ensure appropriate recording and allocation of personnel costs.
Support cash flow monitoring and treasury activities, including maintaining visibility into cash balances, anticipated receipts, and upcoming obligations. Audit, Compliance, and Reporting Coordinate the annual financial statement audit and other financial reviews, including preparation of audit schedules, supporting documentation, and responses to auditor requests.
across the organization.
. Maintain organized and complete financial records and supporting documentation in accordance with
RESPONSIBILITIES
General Accounting and Finance Manage day-to-day accounting and financial operations, ensuring the accuracy, integrity, and timeliness of financial records and processes. Lead the monthly and year-end close processes, including preparation and review of journal entries, account reconciliations, accruals, allocations, and other closing activities.