Organization Overview

The National Bankers Association (NBA) and the National Bankers Association Foundation (NBAF) are mission-driven nonprofit organizations dedicated to advancing minority depository institutions and expanding access to capital in underserved communities. With a combined operating budget of approximately $3M and assets exceeding $13M, the organizations operate in a highly regulated environment requiring strong financial stewardship and compliance discipline.

Position Summary

The Finance & Compliance Manager is responsible for internalizing core financial management functions currently supported by external consultants, while strengthening financial discipline, audit readiness, and compliance infrastructure across NBA and NBAF. The successful candidate will have a proven track record of coordinating with and guiding non-financial team members.

This role owns the monthly close process, reconciliations, audit preparation, grant financial tracking, and board-level financial reporting. The position also supports operational infrastructure by ensuring vendor documentation, procurement tracking, and compliance systems are organized and consistently maintained.

Strategic direction, budgeting authority, and executive decision-making remain with senior leadership. This role is execution-focused and accountability-driven.

Core Responsibilities

A. Financial Management & Monthly Close (40%)

• • Own and manage the monthly close process for NBA and NBAF
  • Ensure timely and accurate bank, investment, and account reconciliations
  • Maintain general ledger integrity and oversee journal entries
  • Prepare monthly financial statements (P&L, balance sheet, cash flow)
  • Monitor cash position and support short-term cash forecasting
  • Maintain accurate financial documentation and supporting schedules

B. Audit & Compliance Oversight (20%)

• • Serve as primary liaison to external auditors
  • Prepare and organize audit schedules and supporting documentation
  • Maintain and document internal controls and accounting procedures
  • Track grant financial compliance and funding restrictions
  • Support annual filings and regulatory reporting requirements

C. Financial Reporting & Budget Support (15%)

• • Prepare board-ready financial reporting packages
  • Conduct monthly variance analysis against budget
  • Support annual budgeting process with data preparation and analysis
  • Provide financial documentation for grant applications and funder reporting

D. Operational Infrastructure & Vendor Oversight (15%)

• • Partner with COO on Risk Management and process improvement
  • Review and rationalize vendor and consultant roles
  • Maintain procurement documentation and approval workflows
  • Track contract renewals and compliance deadlines
  • Maintain centralized financial and compliance filing systems
  • Coordinate documentation workflows across departments to ensure completeness

E. Systems & Process Improvement (10%)

• • Strengthen accounting procedures and financial workflows
  • Document standard operating procedures (SOPs)
  • Identify opportunities to improve efficiency within accounting systems
  • Support accounting software optimization and reporting enhancements

Qualifications

• • Bachelors degree in Accounting, Finance, or related field required
  • 58 years of progressive accounting or finance experience
  • Nonprofit accounting experience strongly preferred
  • Experience managing monthly close and audit preparation
  • Familiarity with grant tracking and compliance
  • Proficiency in accounting systems (QuickBooks or Sage)
  • Strong Excel skills and financial reporting experience
  • Detail-oriented with strong organizational discipline
  • Ability to work independently while collaborating cross-functionally

CPA or CPA-track preferred but not required.