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Finance Manager

New Energy Nexus

New Energy Nexus

Accounting & Finance
Berkeley, CA, USA
Posted on Wednesday, June 5, 2024

ABOUT NEW ENERGY NEXUS

New Energy Nexus (NEX) is an international not-for-profit organization that supports clean energy entrepreneurs with funds, accelerators and networks. We started in California and have expanded operations into China, India, Southeast Asia, East and West Africa, and Australia. Our mission is to support diverse entrepreneurs to drive innovation and build equity in the global clean energy economy. Our goal is to support 100,000 startups to succeed by 2030 – a decisive decade to surface and support as many climate solutions as possible. Through our global network, we directly boost hundreds of entrepreneurs annually while uplifting thousands more. Since 2004, New Energy Nexus (up until recently known as California Clean Energy Fund) has leveraged $1.5 billion in investment, supported over 900 clean energy startups, and launched industry-leading centers for solution collaboration.

ABOUT THE ROLE & OPPORTUNITY

New Energy Nexus California is seeking a candidate who will bring a solid background in Generally Accepted Accounting Principles and financial forecasting. The Finance Manager will be responsible for all daily general program finance duties, including a broad range of transactional, reconciliation, and other accounting activities. The successful candidate will report into the Director of Program Finance and Operations, who will also oversee the grants management and compliance team.

A TYPICAL DAY

A day in the life of the Finance Manager could include compiling invoices for the California Energy Commission funded programs, reviewing budget to actuals, developing budget tracking templates with the Director of Program Finance and Operations, and scheduling training for different team members on how to use the templates. There will also be opportunities to attend program events, visit technology development, testing or demonstration sites of awardees and clean energy entrepreneurs.

WORKING AT NEW ENERGY NEXUS

Working at New Energy Nexus California is an opportunity to make a positive impact in the clean energy industry and be part of a supportive and forward-thinking community. It will offer an innovative and collaborative work environment, fostering networking opportunities and providing diverse roles that allow for personal and professional growth.

This job is located in Berkeley, CA. New Energy Nexus California offers a flexible work environment with this position being based in Oakland/Bay Area, CA and with an expectation to work out of our physical office minimum 2 designated days a week. Unfortunately, relocation assistance is not available for this role.

CORE RESPONSIBILITIES

Budgeting, Reporting and Financial Analysis

  • Under the direction of the Director of Program Finance and Operations, monitor status of program budget spending and work with Program Leads to ensure appropriate spend rate for awardees and contractors
  • Provide financial analysis and modeling to support strategic and operational decision-making, this includes analyzing and reporting on operational metrics to identify trends and opportunities for improvement.
  • Build integrated budgeting and reporting workflows that satisfy multiple reporting objectives (e.g. Budgets to Actual for the team as a whole, for a program etc.) from a given data architecture and source data set.
  • Prepare and publish timely monthly financial reports for CA Chapter
  • Track and manage assets for NEX CA chapter
  • Work with Programs and Grants teams on program budget renewals and amendments
  • Work with external auditors and provide needed documentation and support for program audits
  • Maintain and update filing systems related to program finance and operations, ensuring that documentation is well organized and easily accessible to relevant stakeholders across the various cloud-based filing systems (Dropbox, Google Drive, and SmartSimple)
  • Manage financial reporting and budget reconciliations with funders and establish a regular cadence for internal NEX CA chapter budget analysis, supporting Director of Program Finance and Operations with NEX FiOps reconciliations
  • Compile timely and accurate program invoices for CEC and other programs (eg. direct and indirect costs, travel, and other cost categories) in compliance with contractual terms and conditions
  • Additional financial planning and accounting responsibilities as needed.

Grants Administration and Compliance

  • Under the direction of the Director of Program Finance and Operations, develop dashboards that synthesize grants finance and operational data into easy to view and coherent formats for reports and presentations.
  • Conduct periodic internal audits of CA chapter financial, operational and grants data to ensure clear audit trail documentation showing compliance to internal policies and procedures that align with funder terms and conditions, reporting findings and suggesting recommendations for improvement.
  • In collaboration with CA Programs and Grants Teams develop, update, and streamline grants management and compliance processes and workflows.

Team Leadership

  • May manage a finance team of 1-2 staff
  • Develop, revise and update NEX CA chapter procurement and asset management standards and procedures in alignment with global NEX IT and asset management policies.
  • Conduct training and develop accompanying resources to build capacity for understanding and compliance with finance and administrative policies and procedures for NEX CA team members.
  • Support with developing and rolling out other financial and administrative policies, processes, and procedures to professionalize NEX CA operations
  • Foster a culture of accountability, transparency, and ethical financial practices.