Position Description
Title: Finance Associate
Hours : Full-Time
Department : Finance
Classification: Non-Exempt
Reports to: Accounting Supervisor
Created On: 09/24
Pay Range: $25-$30 per hour
Location: Minneapolis/Hybrid
Organizational Overview:
The Minneapolis Foundation drives collective action to realize strong, vibrant communities. The Foundation cultivates generosity by taking action on the greatest civic, social, and economic needs—partnering with nonprofits, facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a difference in their communities.
Our Approach to Talent & Culture:
We strive to employ a team -especially leaders- who are culturally competent and reflect the makeup of the communities we serve. Our goal of fostering a culture of collaboration, excellence, and respect while ensuring accountability among all members of our organization is reflected in our talent acquisition and management strategies.
Position Overview:
The Finance Associate provides entry level accounting and administrative support related to the daily operations of the Finance team and other teams as available.
Principal Duties and Responsibilities
- Process Accounts Payable, including verification of invoices for payment, entry of invoices, and posting and issuing checks.
- Vendor set-up and maintenance, working with vendors as needed (includes requesting tax identification numbers).
- Processing annual 1099s for vendors used.
- Assist in implementing new Accounts Payable process and workflow technology and other process improvement initiatives.
- Administer corporate credit card program including processing of credit card expense reports.
- Enter journal entry transactions when needed.
Essential
- Securely set-up and maintain vendor and grantee ACH information for electronic Accounts Payable and Grant payments.
- Generate and distribute budget reports to heads of departments on a monthly basis.
- Participate in cross departmental work teams as relates to core duties.
- Complete audit schedules as requested in a timely manner.
- Create and distribute reports utilizing Excel and iPhi database.
Perform other duties, special projects as assigned.
Qualifications for Success:
- Associate degree with at least two years of related experience, or a four-year degree in a relevant field and some relevant experience.
- Experience with computer-based accounting, word processing systems, and spreadsheet applications.
- Experience working with accounting software.
- Experience in a Foundation or nonprofit setting.
- Experience processing Accounts Payable.
- Experience with SAP Concur expense reporting software.
- Experience with Salesforce and/or Stellar iPhi.
- Advanced template and spreadsheet experience.
- Experience with relational databases and/or business intelligence software.
Supervision Responsibilities: None
Working Conditions:
Most of the work in this position is performed in a general office setting and the successful candidate must be able to work at a PC for extended periods of time. We are a hybrid organization typically working 2 days a week in the office.
Encouragement Statement:
At The Minneapolis Foundation, we believe that diverse experiences and perspectives are crucial to our success. We understand that not every candidate will meet every single qualification listed in the job description, and that is perfectly okay. We encourage you to apply if you’re excited about the opportunity and feel you can bring valuable skills and experiences to the role.
We value potential and a willingness to learn just as much as formal qualifications. If you’re passionate about Non-Profits or this specific role and believe you can contribute to our team’s success, we want to hear from you. Don’t hesitate to apply and share how your unique background and abilities align with our needs. Join us in creating an inclusive and dynamic workplace where everyone’s talents are recognized and appreciated.
The Minneapolis Foundation is an Equal Opportunity Employer
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