Non-Profit Financial Manager Job Description

Although a non-profit organization does not operate to make money for owners or stock holders, the company must still wisely manage funds to remain in operation. Financial managers are the individuals responsible for overseeing the money received and spent by non-profits.

Function

Non-profit financial managers are responsible for the budgets, investments and financial reports of the organizations they work for.

Features

Non-profit financial managers create reports each month that show the flow of cash into and out of the organization, and then use this information to make recommendations to the organization's board of directors concerning how to plan for expenses and where to invest funds. The financial manager also produces end of the year reports for government agencies and for donors.

Requirements

Successful non-profit financial managers possess effective oral and written communication skills, the ability to solve problems and analyze financial data. Knowledge of computer software programs like accounting, spreadsheets and presentation software is also important.

Education and Experience

Most non-profit organizations require financial managers to hold a minimum of a bachelor's degree in a field like accounting, business, economics or finance. Employers often prefer applicants with experience working in the finance departments of non-profits.

Compensation

As of December 2009, non-profit financial manages averaged annual salaries of $82,000, according to Indeed.com.

References

• U.S. Bureau of Labor Statistics: Financial Managers
• NPower Seattle: Financial Manager Job Description
• Indeed.com: Non-Profit Financial Manager Salaries