Finance & Operations Director

Type of Position: Full-time, regular

Reports to: National Co-Director

Reports: Finance & Operations Coordinator, Human Resources Manager

Location: Remote, quarterly travel required

About BYP100

Founded in 2013, BYP100 (Black Youth Project 100) is a member-based organization of Black youth activists creating justice and freedom for all Black people. We are building a network focused on transformative leadership development, direct action organizing, advocacy, and education.

Our work is generally centered on ending systems of anti-Blackness and emphasizing the urgency of protecting folks living on the margins of society. As of 2022, BYP100 is a unionized workplace with BYP100 Workers United.

This position is a non-bargaining unit position and is not represented by the Chicago and Midwest Regional Board, Workers United.

About the Finance & Operations Director

BYP100 seeks an experienced individual to direct the organization’s finance and operations work. The successful candidate is trustworthy, people-centered, and has the skill and desire to build and steer a team for the growth and stability of BYP100. This person will hold the processes related to our Innovations and Investment Fund, along with other internal funds.

BYP100 is a radical organization of young Black organizers committed to an anti-capitalist future through a Just Transition Framework. We are seeking a candidate that shares this commitment or has a desire to learn more.

Responsibilities:

Financial Management

• Direct all aspects of financial management, budgeting, and reviews in collaboration with the National Co-Directors
• Promote and ensure a culture of financial transparency, consistent communication, and meaningful collaboration with colleagues and stakeholders
• Manage organizational bookkeeping and finances in coordination with the Finance and Operations team and/or consultants
• Coordinate and manage the annual audit
• Serve as a financial advisor to recommend and implement financial strategy, controls, policy and procedures
• Participate in the Board of Directors Finance Committee meetings, presenting financial reports in a clear and transparent manner
• Coordinate the development of BYP100’s annual budget and monitor the budget-to-actual expenses on a monthly basis
• Manage cash flow, including cash flow forecasting.
• ​​Manage and ensure compliance with federal, state, and local law requirements for all 501(c)3 and 501(c)4 expenditures and subsequent reporting.
• Research and set appropriate financial allocations between 501(c)3 and 501(c)4 organizations as well as allocate shared expenses among programs
• Assist with the preparation of the annual external audit and the IRS Form 990
• Provide strategic planning and forecasting on financial matters, working with the National Co-Directors, Treasurer, Board of Directors, and other key staff to analyze current financial performance, organizing, and project future needs

Development Support

• Coordinate grants management with the Development team
• Develop organizational budgets and financial reports for grants applications and reports.
• Track grant-related expenses, budget-to-actual to ensure program staff stay within grant budgets and perimeters.

Human Resources

• In collaboration with the Human Resources Manager:
• Assess current staffing capacity, functions and talent; identify functional and/or staff gaps and make recommendations for modifications related to organizational growth
• Manage benefits renewals

IT/ Security

• Devise, implement, and lead on IT strategy: compliance, security, and optimization

Member Engagement

Our Finance & Operations Director will understand our membership as the heartbeat of the organization, and as the resource for informing our strategies and organizational culture. The Finance & Operations Director’s engagement with members will include membership-focused data collection and reporting, knowledge sharing with chapter members around nonprofit finances and fiscal policies and responsibility, and possible attendance and facilitation with member programming.

Skills & Qualifications

The ideal BYP100 Finance & Operations Director will possess:

• Strong commitment to BYP100’s mission, vision, and values
• A strong background in racial, LGBTQ, gender justice, and social change issues
• A mission-driven, focused approach and a commitment to Black liberation
• At least five years of accounting and financial management experience, with at least two years leading a financial function in a non-profit organization
• At least two years of management experience
• Exceptional writing and interpersonal skills
• Experience compiling financial statements, with accompanying disclosures, and presenting this information to various internal and external stakeholders
• Knowledge of federal and state regulations applicable to all organizational activities on both the 501(c)3 and 501(c)4 side
• Ability to provide oversight in the areas of grants, risk management, contracts, and other complex financial transactions
• Experience managing annual audits as well as rating and compliance processes and procedures
• Working knowledge of GAAP accounting principles and practices is strongly preferred
• Experience with grant management, compliance, and financial reporting
• Demonstrated ability to lead the day-to-day management of finances including receivables, payables, payroll, and contracts
• A high bar for fiscal responsibility and controls and aptitude for maintaining internal financial controls, policies, and procedures adequate to safeguard BYP100’s assets
• Excitement to scale systems and processes with a long-term, thoughtful approach to achieving organizational goals