Financial Reporting Manager

Position title: Financial Reporting Manager       

Reports to: Chief Operations Officer

Classification: Full-time, exempt

Supervises others: Yes

Salary: $85,000 – $110,000 annually

Location: 95825 - Sacramento, CA

About us: Opening Doors, Inc., envisions a world in which migrants and refugees lead lives of joy and belonging, embraced by welcoming communities. Our mission is to enrich communities by supporting immigrants, refugees, and survivors of trafficking on their path towards stability, self-sufficiency and belonging.

Opening Doors is guided by our organizational values:

·       Rising Together: We are in this together and depend on each other.

·       Honoring Dignity: We recognize and honor everyone’s strength and inherent dignity.

·       Embracing Courage: We do the right thing, even when the path is uncertain.

·       Seeking Joy: We take time to be together, celebrating our diverse cultures and recognizing our victories.

Opening Doors began in 1993 as a small refugee resettlement agency, and today serves 4,000 clients per year across our 5 program areas: Refugee Programs, Human Trafficking Programs, Immigration Legal Services, Health Programs and Economic Prosperity Programs.

Job Overview: The Financial Reporting Manager is responsible for overseeing the organization’s financial reporting, month-end close processes, balance sheet reconciliations, regulatory reporting, and financial compliance activities. This role ensures the accuracy and integrity of financial statements across multiple entities, manages specialized accounting functions, supports grant reporting activities, and provides critical financial analysis to leadership. The Financial Reporting Manager collaborates closely with accounting, finance, compliance, and operational teams to maintain strong financial controls and reporting standards.

The ideal candidate will have the ability to work effectively in multi-cultural work environments, showing respect and sensitivity for cultural differences, and will be passionate about Opening Doors’ mission.

Essential Duties & Responsibilities: The essential duties and responsibilities of this position include the following:

Financial Reporting (Board and Organizational Reporting)

• Generate, review, and approve monthly Opening Doors, Inc. financial statements
• Generate, review, and approve monthly Welcome House LLC financial statements
• Generate, review, and approve monthly Pathways To Prosperity, Inc. financial statements
• Prepare supporting schedules and financial analyses for leadership and board reporting.
• Ensure financial reports are accurate, timely, and compliant with organizational standards

Month-End Close (Revenue, Expenses, and Accounts Receivable)

• Run and review monthly general journal reports for accuracy and approval
• Review grant revenue and expenses for accuracy and completeness
• Close month-end accounting periods in QuickBooks for all billed months
• Ensure timely and accurate completion of month-end close activities
• Oversee special, annual, and semi-annual accounting entries

Month-End Close (Balance Sheet and Account Reconciliations)

• Oversee monthly reconciliation of all balance sheet accounts
• Oversee monthly reconciliation of all balance sheet accounts, monthly journal entries, and intercompany transactions for the organization’s affiliate companies
• Perform and oversee notes receivable reconciliations and Current Expected Credit Losses (CECL) calculations and reporting
• Monitor and review accrued liabilities, including deferred grant revenue and legal case liabilities

Taxes, Credit Card Maintenance, and In-Kind Contributions

• Oversee recording and tracking of in-kind contributions and resource distributions
• Manage company credit card administration and oversight
• Prepare and manage annual sales and use tax reporting
• Prepare and manage annual property tax returns
• Oversee and review the annual nonprofit exempt organization and tax returns

Regulatory Reporting & Compliance

• Prepare and manage the annual reporting for state and federal lending programs
• Assist in application and renewal process of Community Development Financial Institutions licensing requirements
• Prepare and submit annual and quarterly reports for grants from federal agencies (Form SF-425)
• Manage lines of credit (LOC) including renewals and regular reporting
• Ensure compliance with applicable financial reporting regulations and requirements.

Grant Pipeline & Reporting

• Correct, review, and in some cases, create budgets for grant applications or renewals
• Provide grant fund coding guidance for all staff
• Monitor grant spending progress and spend-down activities to ensure timely utilization of funds
• Support notes receivable forecasting and projections

Policy & Compliance (P&C) Committee Participation

• Participate as a member of the P&C Committee.
• Support development and implementation of accounting and financial reporting policies and procedures
• Recommend process improvements to strengthen internal controls and operational efficiency

Other duties may be assigned in the sole discretion of the Organization. The Organization may assign or shift duties and responsibilities to this position at any time due to reasonable accommodation or other reasons.

Required qualifications: The requirements listed below are representative of the knowledge, skills and/or abilities required.

·       Bachelor's Degree in Accounting or equivalent combination of education and experience

·       5–7 years of progressive accounting and financial reporting experience

·       Experience in nonprofit, lending, grant-funded, or multi-entity accounting environments preferred

·       Strong knowledge of GAAP, financial statement preparation, and regulatory reporting requirements

·       Experience with mid-level financial management and accounting systems

·       Advanced Microsoft Excel skills required

·       Strong analytical, organizational, and problem-solving abilities

·       Excellent communication and leadership skills with the ability to manage multiple priorities and deadlines.

Preferred qualifications: The requirements listed below are not required but are desired.

·       Experience with CDFI reporting and compliance requirements

·       Knowledge of grant accounting and fund management

·       Experience managing financial reporting across multiple legal entities

Physicalrequirementsandworkenvironment:Thefollowingdemandsarerepresentativeofthe physical requirements necessary for an employee to successfully perform the essential functions of the Financial Reporting Manager position. Reasonable accommodation can be made to enable people to perform the described essential functions.

Whileperformingthisjob,theemployeeisrequiredtositoftenandusetheirhandsandfingers,to handle or feel and to manipulate keys on a keyboard, the employee is occasionally required to stand, walk, reach with arms and hands, lift approximately 25 pounds on occasion, and to stoop, kneel,orsquat,anddriveonoccasion.Thenoiselevelintheworkenvironmentisusuallyquietto moderate.

Please use the following link to apply: https://openingdoorsinc.easyapply.com

Opening Doors provides equal employment opportunities (EEO) to all employees, applicants, and any third parties, for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. In addition to federal law requirements, Opening Doors complies with applicable state and local laws governing nondiscrimination laws. 

All Opening Doors employees must be fully vaccinated against Covid-19. Accommodations may be requested due to medical or religious reasons.   

Opening Doors participates in E-Verify.