Associate, Finance

ABOUT NEW PROFIT
New Profit is a venture philanthropy organization that catalyzes the impact of social entrepreneurs who are expanding access and opportunity in America. We provide capital, capacity, and community to a portfolio of organizations to increase their impact, scale, and sustainability. And we partner with social entrepreneurs, philanthropists, and cross-sector leaders to shift how the philanthropic sector pursues social change and ensures that everyone in America can thrive. Since 1998, New Profit has invested over $350M in 275+ high-impact organizations serving more than 35 million people in all 50 states.

Learn more at www.newprofit.org.

TEAM OVERVIEW - FINANCE
The Finance team is a core function within New Profit, playing a vital role in managing the organization’s financial health and supporting sustainable growth. This team is responsible for a wide range of key activities, including financial planning and budgeting, accounting and record-keeping, financial reporting and analysis, and cash flow management.

Over the years, the Finance team has grown in both its operations and execution, consistently delivering on the critical elements that underpin our financial strategy. As we continue to evolve, this department remains central to ushering New Profit into the future—adapting our operations and structure to meet the changing needs of the organization and our mission.

POSITION OVERVIEW
Are you detail-oriented, organized, and eager to grow your career in nonprofit finance? We’re looking for a Finance Associate to join our mission-driven team and help ensure the financial operations of our organization run smoothly and efficiently. This is an excellent opportunity for someone with a foundation in accounting or finance who wants to build their skills in a collaborative, purpose-driven environment.

If so, New Profit wants to talk to you about an exciting opportunity to join our Finance team. The Finance Associate plays a key role in coordinating and managing New Profit’s organizational systems including finance, accounting, and payroll. This role is an excellent opportunity to gain valuable experience and build skills in finance, accounting, human resources, and other functional areas that are based on best practices applicable to any organization.

WHAT YOU WILL DO

Financial Management:

• Process accounts payable and manage resolution of billing issues
• Process and deposit receivables
• Create wires for disbursement and transfers between New Profit bank accounts
• Help maintain complete files to support all accounting and finance activities, including vendor activity and contract billing
• Work closely with the entire New Profit team to ensure timely and accurate financial records & reporting

Human Resources and Payroll Administration:

• Onboard new hires into payroll, benefits, and systems
• Process new hire and employee termination paperwork
• Create biweekly payroll
• Manage and process staff expense reimbursements
• Serve as resource to staff as needed

New Profit Expectation as a Team Member

In addition, we expect all New Profit staff to embody our core values and our competency model. We are committed to the work that we do in supporting our Social Entrepreneurs and supporting one another to create an environment that helps us to thrive. We are a team and everyone has a responsibility to support, care for, and uplift their fellow team members.

QUALIFICATIONS

• You have a Certificate in Accounting, or Associate’s/Bachelor’s degree in Accounting, Finance, or a related field
• You have some professional work experience (internships, administrative roles, or other office-based work experience welcome); direct finance experience is a plus but not required.
• You have an intermediate command of Microsoft EXCEL
• You have superior organizational skills combined with an obsessive attention to detail
• You can work independently and with remote team members
• You have a high level of interpersonal maturity, poise, and professionalism
• You have excellent judgment in handling sensitive and confidential information
• You have unwavering commitment to service and a strong customer orientation
• You have excellent verbal and written communication skills
• You embody and demonstrate your commitment to New Profit’s mission, social entrepreneurship, and social change

SALARY
The salary range for the Associate position will be $72,074 - $78,826 annually, with the exact salary depending on prior work experience and the assessment of one's fit for the role. Additionally, New Profit provides a suite of competitive benefits including health insurance, dental insurance, vision insurance, retirement benefits, and a generous PTO policy with an end-of-year holiday break.

HOW TO APPLY
To apply for this position, please go to New Profit’s Career page. Please submit a thoughtful cover letter and resume addressed to Brent Locke.

New Profit is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic as established by federal, state, or local laws. We are committed to providing a workplace free from discrimination or harassment, and take responsibility for always striving to create an environment that makes every employee and candidate feel welcome. Applicants must be currently authorized to work in the United States for any employer.

Please no phone calls or direct emails.

We were recently made aware that some candidates have received fraudulent interview invitations, including requests to download an app or CRM.

Please be advised that New Profit will never ask applicants to download any apps or third-party platforms as part of our hiring process. All legitimate interview communications will come directly from a member of the New Profit team or an authorized recruiting firm we work with.

If you receive a suspicious message, we recommend not engaging, and please feel free to report it to the platform where you received it.

Thank you for your vigilance, and don’t hesitate to contact us if you have any questions or concerns.