Finance Manager
Position
Minnesota Training Partnership (MTP) is seeking a full-time Finance Manager to join our team of dedicated workforce development professionals. This position is primarily remote and occasionally requires travel to our office in Saint Paul and other community-based program locations.
Background
Minnesota Training Partnership is an experienced and successful provider of workforce development services, particularly those that connect people to — or help them advance in — union jobs.
Founded by the Minnesota AFL-CIO, MTP leverages our strong connections to unions and employers to benefit program participants. With a team of 10 and an annual budget of $1.5 million, we advance equity by strengthening the pipeline of underserved populations into stable job opportunities and upgrading incumbent worker skills.
MTP’s diverse portfolio of employment and training programs are funded by grants and contracts with the State of Minnesota, Hennepin and Ramsey counties, union partners, and the U.S. Department of Labor, among others.
Position Overview
As a Finance Manager, you’ll play a critical role in the financial management and sustainability of MTP. This is a new position that will offer the opportunity to create new systems for lasting impact.
This position is responsible for overseeing all financial operations, including budgeting, financial reporting, grant management, and compliance with funding requirements. The ideal candidate will be a strategic thinker with a hands-on approach, capable of managing a diverse portfolio of funding sources.
Key Responsibilities
Financial Planning and Analysis
- Develop and manage the organization's annual budget in collaboration with the Executive Director, Director of Development and Communications, and program managers.
- Monitor budget performance and provide regular financial reports to the Executive Director and Board of Directors.
- Conduct financial forecasting and scenario planning to inform strategic decision-making.
Grant Management
- Oversee the financial administration of grants from federal agencies, state agencies, union partners, and other funding sources.
- Ensure compliance with all grant requirements, including timely and accurate financial reporting.
- Work with the Director of Development and Communications to prepare budgets and financial reports for grant proposals and renewals.
Accounting and Financial Reporting
- Maintain accurate and up-to-date financial records, including general ledger, accounts payable, and accounts receivable.
- Prepare monthly, quarterly, and annual financial statements in accordance with generally accepted accounting principles (GAAP).
- Coordinate the annual audit and prepare all necessary documentation for auditors.
Compliance and Risk Management
- Ensure compliance with all relevant federal, state, and local regulations, as well as the specific requirements of each funding source.
- Develop and implement financial policies and procedures to safeguard the organization’s assets and ensure financial transparency.
- Monitor cash flow and manage liquidity to meet the organization’s operational needs.
Collaboration and Communication
- Serve as a financial advisor to the Executive Director, providing insights and recommendations on financial strategies and decisions.
- Collaborate with program managers to align financial resources with programmatic goals and ensure effective use of funds.
- Present financial information to the Board of Directors and funders in a clear and concise manner.
Required Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Three years of experience in nonprofit financial management, preferably in a workforce development organization.
- Demonstrated proficiency in grant management and compliance, particularly with federal and state funding sources.
- Proficiency in accounting software, financial management systems, and MS Office suite.
- Excellent verbal and written communication skills.
- Excellent analytical, organizational, and problem-solving skills.
- Ability to communicate complex financial information to non-financial stakeholders.
- Commitment to MTP’s mission and values.
- Ability to work strategically to further the organization’s mission.
- Demonstrated ability to work and communicate effectively with people of diverse backgrounds who are impacted by systems of oppression.
Preferred Qualifications
- Experience with or knowledge of labor unions and the labor movement.
- Demonstrated competency with designing new systems, processes, and protocols.
Pay and Benefits
The salary range for this position is $70,000-$75,000. This is a full-time union position with a generous benefit package, including 401(k), 100% paid premiums for medical/dental/vision, car and cell phone allowance, substantial paid time off (vacation, health, holidays), and more.
Minnesota Training Partnership is an equal opportunity employer.
How to Apply
Interested applicants, please send résumé and cover letter to dprokopf@mnaflcio.org by 5:00pm on Friday, September 6.