Summary
Description
Finance & Operations Director
Job Description
Type of Position: Full-time, regular
Reports to: National Co-Director
Reports: Finance & Operations Coordinator, Human Resources Manager
Location: Remote, quarterly travel required
About BYP100
Founded in 2013, BYP100 (Black Youth Project 100) is a member-based organization of Black youth activists creating justice and freedom for all Black people. We are building a network focused on transformative leadership development, direct action organizing, advocacy, and education. BYP100 is a radical organization of young Black organizers committed to an anti-capitalist future through a Just Transition Framework. We are seeking a candidate that shares this commitment or has a desire to learn more.
Our work is generally centered on ending systems of anti-Blackness and emphasizing the urgency of protecting folks living on the margins of society. As of 2022, BYP100 is a unionized workplace with BYP100 Workers United. This position is a non-bargaining unit position and is not represented by the Chicago and Midwest Regional Board, Workers United.
Responsibilities:
Financial Management
- Direct all aspects of financial management, budgeting, and reviews in collaboration with the National Co-Directors
- Promote and ensure a culture of financial transparency, consistent communication, and meaningful collaboration with colleagues and stakeholders
- Manage organizational bookkeeping and finances in coordination with the Finance and Operations team and/or consultants
- Coordinate and manage the annual audit
- Serve as a financial advisor to recommend and implement financial strategy, controls, policy and procedures
- Participate in the Board of Directors Finance Committee meetings, presenting financial reports in a clear and transparent manner
- Coordinate the development of BYP100’s annual budget and monitor the budget-to-actual expenses on a monthly basis
- Manage cash flow, including cash flow forecasting.
- Manage and ensure compliance with federal, state, and local law requirements for all 501(c)3 and 501(c)4 expenditures and subsequent reporting.
- Research and set appropriate financial allocations between 501(c)3 and 501(c)4 organizations as well as allocate shared expenses among programs
- Assist with the preparation of the annual external audit and the IRS Form 990
- Provide strategic planning and forecasting on financial matters, working with the National Co-Directors, Treasurer, Board of Directors, and other key staff to analyze current financial performance, organizing, and project future needs
Development Support
- Coordinate grants management with the Development team
- Develop organizational budgets and financial reports for grants applications and reports.
- Track grant-related expenses, budget-to-actual to ensure program staff stay within grant budgets and perimeters.
Human Resources
- In collaboration with the Human Resources Manager:
- Assess current staffing capacity, functions and talent; identify functional and/or staff gaps and make recommendations for modifications related to organizational growth
- Manage benefits renewals
IT/ Security
- Devise, implement, and lead on IT strategy: compliance, security, and optimization
Member Engagement
Our Finance & Operations Director will understand our membership as the heartbeat of the organization, and as the resource for informing our strategies and organizational culture. The Finance & Operations Director’s engagement with members will include membership-focused data collection and reporting, knowledge sharing with chapter members around nonprofit finances and fiscal policies and responsibility, and possible attendance and facilitation with member programming.
Skills & Qualifications
The ideal BYP100 Finance & Operations Director will possess:
- Strong commitment to BYP100’s mission, vision, and values
- A strong background in racial, LGBTQ, gender justice, and social change issues
- A mission-driven, focused approach and a commitment to Black liberation
- At least five years of accounting and financial management experience, with at least two years leading a financial function in a non-profit organization
- At least two years of management experience
- Exceptional writing and interpersonal skills
- Experience compiling financial statements, with accompanying disclosures, and presenting this information to various internal and external stakeholders
- Knowledge of federal and state regulations applicable to all organizational activities on both the 501(c)3 and 501(c)4 side
- Ability to provide oversight in the areas of grants, risk management, contracts, and other complex financial transactions
- Experience managing annual audits as well as rating and compliance processes and procedures
- Experience with grant management, compliance, and financial reporting
- Demonstrated ability to lead the day-to-day management of finances including receivables, payables, payroll, and contracts
- A high bar for fiscal responsibility and controls and aptitude for maintaining internal financial controls, policies, and procedures adequate to safeguard BYP100’s assets
- Excitement to scale systems and processes with a long-term, thoughtful approach to achieving organizational goals
Salary & General Benefits (begin on first day of employment)
- Salary: Salary: $86,000 – $95,000[1]
- Unlimited paid time off
- BYP100 pays 100% of employer-sponsored medical and dental insurance for employees and their dependents, as well as premiums for short-term disability and a $50,000 life insurance policy for the employee.
Tech Allowance: BYP100 provides a technology allowance $50 per pay period/up to $1200 per year for part-time employees to help offset telephone, internet, and other small out of pocket tech
