Website Acumen
About Acumen
Acumen is a global nonprofit changing the way the world tackles poverty by investing in companies, leaders, and ideas. Acumen raises charitable donations to invest patient capital in business models that deliver critical goods and services to low-income individuals. The organization has invested in over 100 companies across Africa, Latin America, South Asia, and the U.S., impacting over 300 million lives. Acumen Fund was founded in 2001 by Jacqueline Novogratz, following her passion for attacking poverty with entrepreneurial approaches. The Acumen team comprises a diverse group of fund managers, social innovators, and field experts dedicated to achieving substantial social change. Acumen’s work is supported through financial donations, grants, and partnerships. The company continually engages with emerging leaders, investing in their development through skill-building, dialogue, and moral inquiry. This approach ensures that the solutions to poverty come from deeply committed individuals within the communities they aim to improve.
About this Role
The Acumen NY Finance Team is looking for a Finance Grants Senior Associate who will be responsible for managing the financial aspects of the organization’s grants portfolio. The position reports to the Head of Program Finance and is based in the New York office, operating under a hybrid model, requiring in-office attendance on Tuesdays, Wednesdays, and Thursdays. The role requires centralized financial oversight and support for Acumen’s international non-profit operations, which span seven boutique entrepreneurial offices across six continents. The NY Finance team is integral in providing this oversight and support.
Responsibilities
- Act as the main point of contact for financial reporting for the portfolio of grants
- Prepare timely and accurate customized and standard grant reports ensuring restricted funds are used per donor intentions
- Track and monitor all monthly revenue and expenses on assigned grants
- Summarize results and raise key issues to the relevant Grants Manager routinely
- Coordinate with members of the NY Finance team to ensure grants management-related data is accurately captured in internal systems
- Provide supporting documentation and prepare adjustments on expenditures and budgets as needed
- Work with the Grants Managers and Budget Holders to establish solutions for complex grants
- Assist in tracking and communicating information about new grant opportunities being pursued by Business Development
- Assist with fiscal year-end and grant closeout processes
- Assist with annual audit and tax compliance by creating supporting schedules
- Perform other duties as assigned by the Head of Program Finance
Requirements
- Minimum of 5 years of experience with monitoring grant budgets and expenditures and preparing grant reporting
- Experience working with foundation grants in a not-for-profit environment preferred
- Familiarity with reading grant contracts or terms and understanding budgets
- Exceptional communication and customer service skills
- Ability to perform in a team environment with excellent interpersonal and problem-solving skills
- Proficiency in Microsoft Office
- Excellent organization skills and proactive communication
- Proficiency in Excel analytics and modeling skills
- Commitment to accuracy, attention to detail, and follow-through
- Ability to work in a fast-paced environment with patience and flexibility
- Familiarity with 2 CFR Part 200 (Uniform Guidance) preferred
- Proficiency with Prophix reporting software preferred
- Authorized to work in the U.S.
- Self-reflective and aligned with Acumen’s values
Benefits
- Performance-based bonus
- Competitive compensation package
- Comprehensive benefits package
- Professional development opportunities
- Hybrid work environment
