Finance Director

JOB ANNOUNCEMENT: FINANCE DIRECTOR

Jolt Initiative 501c3 & Jolt Action 501c4 

ABOUT JOLT

Jolt is a non-profit organization that increases the civic participation of Latinos in Texas to build a stronger democracy and ensure that everyone’s voice is heard. Jolt knows that our democracy works best when everyone gets a seat at the table. That’s why Jolt builds the leadership capacity of millennial Latinos to mobilize their peers to action. Jolt lifts up the voices of Latino millennials to tell their own stories through creative acts of resistance, like the Migration is Sweet! selfie station, Poderosa mural, and Quinceanera at the Capitol, which collectively reached over 50 million Americans. 

Jolt believes that Texas is poised for change, with a growing and disaffected Latino population. Today, 1 in 3 eligible voters in Texas is Latino and projections indicate that by 2030, Latinos will make up the majority of the state’s population. But demographics alone aren’t destiny. Winning change requires building a homegrown movement and a smart, focused, long-term strategy that can deliver equality and power to those who are most excluded and often first impacted.

Jolt was founded in November 2016 by Cristina Tzintzun, a nationally recognized civil rights leader. Cristina was named “Hero of the New South” by Southern Living Magazine, and her work has been featured on NPR, Vogue, The New York Times, MTV, USA Today, Univision, MSNBCs Up Late with Alec Baldwin, among others. The organization entered a new phase in August 2019, when Antonio Arellano took over as Interim Executive Director. Jolt is a young organization with big dreams about what is possible in Texas. Our vision has made national headlines and has spurred increased investment into our work- which is why we are hiring talented people to join our growing team. 

Jolt is seeking a Finance Director will work closely with the Executive Director and Deputy Director in determining long-term financial goals and developing strategies to achieve the financial objectives of Jolt. 

The Finance Director will manage the organization’s financial operations, including oversight of accounts payable and receivable, budgeting, production of financial statements and reports, and advice of the senior management team on financial decisions. The Finance Director is responsible for monitoring and maintaining internal controls, while overseeing financial systems and related compliance requirements.

PRIMARY RESPONSIBILITIES AND DUTIES 

  • Direct the day-to-day accounting operations including oversight of accounts payable and receivable, and maintenance of the general ledger
  • Prepare, analyze and present financial reports (income statements and balance sheets) in an accurate and timely manner; clearly communicate monthly and annual financial statements to senior management
  • Lead the annual budgeting and planning process in conjunction with the Deputy Director; administer and review all financial plans and budgets; monitor progress and changes and produce monthly budget versus actual reports
  • Manage organizational cash flow and forecasting
  • Oversee audit and tax functions, coordinate activities with outside audit/accounting firms and review firms’ performance
  • Develop appropriate investment strategies and oversee their implementation
  • Produce financial reports for foundation and other funder grants; maintain shared grant reporting calendar due dates and submissions, including all required financial deliverables as stated per grant awards and contracts
  • Update and implement all necessary business policies and accounting practices; periodically update the organization’s accounting manual 
  • Remain up-to-date on best practices in nonprofit finance, business systems and internal control measures, and state and federal law regarding nonprofit operations
  • Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.

QUALIFICATIONS

  • Bachelor’s degree in finance, accounting, or related field required; MBA/CPA preferred
  • 5+ years relevant work experience as a senior accountant or equivalent; experience in nonprofit accounting required (e.g. revenue recognition, public support testing, 990 reporting)
  • Working knowledge of GAAP, audits, and other regulatory requirements in the financial field 
  • Expert computer skills, including Office, with advanced proficiency in Excel and QuickBooks
  • Demonstrated success in a fast-paced environment
  • The ability to work independently in an entrepreneurial environment
  • Excellent organizational and interpersonal skills
  • Superior written and verbal communications skills

LOCATION

This position is based in Austin, Texas and reports to the Executive Director. Jolt is reviewing resumes on a rolling basis.

COMPENSATION

Salary commensurate with education and experience. Jolt’s benefit package includes full employer-covered health care, employer match retirement contribution up to 2%, employer-provided life insurance policy, monthly cell phone reimbursement, and 23 paid days off, plus additional benefits.

HOW TO APPLY

Please submit your resume and a cover explaining your qualifications and interest in the position to jobs@jolttx.org with your name and the job title in the subject line. Position is open until filled. 

Jolt Initiative 501(c)3 and Jolt Action 501(c)4 are equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, and disability, or other legally protected status.

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