Junior Finance Associate

About InnovateEDU

InnovateEDU is a non-profit whose mission is to eliminate the opportunity gap by accelerating innovation in Common Core-aligned, next generation learning models and tools that serve, inform, and enhance teaching and learning. InnovateEDU is committed to massively disrupting K-12 public education by focusing on the development of scalable tools and practices that leverage innovation, technology, and new human capital systems to improve education for all students and close the achievement gap.

Position Overview:

InnovateEDU is seeking a Full Time Finance Associate to support the finance and operations functions within our mid-sized nonprofit organization. The Finance Associate will work closely with the Executive Director and report to the Senior Finance Associate to ensure compliance with applicable laws, regulations, and requirements set by funders, partners, and government agencies. This person will also work closely with the InnovateEDU leadership to support administrative systems and routines of the organization with a particular focus on InnovateEDU’s financial operations.

Responsibilities

• Financial transactions and operations: Support the day-to-day operation of InnovateEDU’s financial systems, including the integrity of financial accounting records and the timeliness and compliance of all grant-related reimbursements and expenses. Support daily financial and business activities, including accounts payable, accounts receivable, procurement processes and associated supply, inventory management, and asset tracking systems under the supervision of the Senior Finance Associate.
• External compliance: Help ensure compliance with state and federal regulations, and requirements set by funders and partners including, but not limited to: audit preparation, and compliance with the agency’s held School-Aged Child Care licenses.
• Budgeting: Support the Senior Finance Associate by contributing to the annual budgeting process for the organization as a whole and support development of grant budgets as needed. Maintain a regular cadence of communication with Program Directors and employees to ensure adherence to budget and relevant policies and procedures.
• Reporting for government contracts: Manage the metrics and reporting related to InnovateEDU’s afterschool program contract with the NYC Department of Youth and Community Development (DYCD) including: entering data into DYCD’s online portal and other systems as required; monitoring management, contractor, and other agreements with particular attention to financial reporting requirements; and providing advisement and support of grant metrics, budget statuses, and rate of participation in advance of audits.
• Reporting for private grants: Support grants management organization-wide by completing monthly budget vs. actuals reports for each of InnovateEDU’s grant-funded projects, including both private philanthropic and public funding sources, and drafting regular financial reports for inspection by funders, program leads, and InnovateEDU’s Board of Directors.

Who You Are

You are a mission-driven individual and believe in working to close the educational opportunity gap. You are an optimistic problem-solver and believe that together we can create real solutions that help the entire sector move forward. You are detail oriented, obsess over numbers, not afraid to ask questions and love to manage multiple workstreams. You are excited to join a growing team working on early-stage products and processes that have long-term impacts on the sector. You like a fast pace and are highly responsive with the ability to work independently.

You are open to feedback, bring your best every day, and are ready to grow in all areas of your work. You want to join a team of folks who share your vision for mission-driven work at the intersection of education, policy, and civil rights.

Qualifications:

• Bachelor’s Degree
• One year of nonprofit finance and operations experience
• Experience with financial reporting and grants management, experience with reporting and compliance related to public funding sources strongly preferred
• Proficiency with bookkeeping and reporting using Quickbooks Online
• Skill at and comfort with managing multiple competing priorities simultaneously
• Strong attention to detail

Compensation:

Consistent with our diversity, equity, and inclusion statement we strive to address systemic gaps in pay often present in our larger society as a result of gender, identity, or sexual orientation. All candidates are pay scaled by an independent third-party service or application which calculates the market rate for the applicant based on skills and qualifications, job duties, market conditions within the location of applicant, education and experience. This position’s compensation range is $23-$26 hourly. InnovateEDU full-time employees receive paid vacation and sick leave, medical/dental/vision insurance, retirement, and other standard benefits

Application Instructions:

Please upload your resume and answer the required questions. Applications will be accepted, reviewed, and interviewed on a rolling basis.