The Nature Conservancy
Exchange Transaction Manager
Bethesda, MD
Feb 14, 2025
Full Job Description
OFFICE LOCATION

Arlington, Virginia, USA

This is a fully remote role that can be located anywhere in the United States.

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WHO WE ARE

The mission of The Nature Conservancy (TNC) is to conserve the lands and waters upon which all life depends. As a science-based organization, we develop innovative, on-the-ground solutions to the world's toughest environmental challenges so that people and nature can thrive. Our work is guided by our values, which include a commitment to diversity and respect for people, communities, and cultures. From a rewarding mission to career development and flexible schedules, there are many reasons to love life #insideTNC. Want to know more? Check out our TNC Talent playlist on YouTube to hear stories from staff or visit Glassdoor.

One of TNC's primary goals is to cultivate an inclusive work environment so that employees around the globe have a sense of belonging and feel that their unique contributions are valued. We know we'll only achieve our mission by hiring and engaging a diverse staff that reflects the communities in which we work. Recognizing that people bring talent and skills that have been developed outside the scope of a job, we take a holistic approach to recruitment that considers life experience in addition to the professional requirements listed in our postings. Please apply - we'd love to hear from you. To quote a popular saying at TNC, "you'll join for the mission, and you'll stay for the people."


WHAT WE CAN ACHIEVE TOGETHER

The Exchange Transaction Manager manages the activities and personnel for all aspects of the organization's exchange transaction revenue processes.

The Exchange Transaction Manager reports to the Director of Revenue Compliance and contributes to the strategic direction and financial integrity of the processes for the organization that relate to exchange transaction revenue (mainly ASC 606), guiding revenue recognition processes and supporting decision-making at the highest levels, particularly within the unique context of a nonprofit organization.

The Exchange Transaction Manager is a subject matter expert on exchange transaction revenue, which involves reviewing and analyzing contracts to determine revenue recognition implications to ensure accurate financial reporting, particularly focusing on exchange transaction revenue within the context of a nonprofit organization. The position is expected to develop, enhance, and document internal controls related to revenue recognition processes. The position is also expected to provide guidance and support to the team and other departments, collaborating with cross-functional teams to ensure accurate and timely revenue forecasting and reporting.

RESPONSIBILITIES & SCOPE

  • Oversees the overall activity of all exchange transaction revenue streams, directly managing select segments and providing oversight for others.
  • Manage and mentor a team of specialists, providing training and development opportunities to enhance their technical skills and knowledge.
  • Prepare and present financial reports related to revenue recognition to senior leadership, ensuring clarity and transparency.
  • Manages and implements projects and initiatives to improve efficiency and effectiveness of the revenue recognition process.
  • Monitor industry trends and regulatory changes impacting revenue recognition and communicate necessary updates to the team and stakeholders.
  • Ensures programmatic commitments, TNC policies and procedures, financial standards and legal requirements are met and managed for compliance.
  • Act as a subject matter expert in ASC 606, serving as a resource for internal stakeholders and external auditors, particularly regarding the nuances of nonprofit revenue.
  • Develop initial processes to manage Exchange Transactions, inside and outside of ledger system.
  • Reinforces consistency in the organization's policies and procedures and provides support related to relevant field.
  • May manage or participate in complex negotiations.
  • Decisions may bind organization financially and legally.
  • Works within a budget, negotiating and contracting with vendors.

WE'RE LOOKING FOR YOU

Are you looking for work you can believe in? At TNC we strive to embody a philosophy of Work that You Can Believe in where you can feel like you are making a difference every day. We're looking for someone with strong experience in leading a diverse, multi-disciplinary team.

The ideal candidate should have exceptional communication and collaboration skills and experience in management of data and personnel. This is an exciting opportunity to contribute to the ongoing mission of conservation by directing and shaping the work of our team!

The ideal candidate will have all or some of these qualifications. If you don't have all of them, please apply anyway and tell us about your skills and experience:

  • Multi-lingual skills and/or multi-cultural experience appreciated
  • Experience with motivating and leading staff.
  • Technical expert on complex accounting/financial issues.
  • Expert knowledge of Microsoft Excel and financial systems, including Workday.
  • Excellent analytical and quantitative skills.
  • Demonstrated success in analyzing, manipulating and interpreting data, and developing, reporting, and implementing solutions.
  • Service oriented. Courteous, personable, tactful and experienced dealing effectively with all levels of staff.
  • Experience with complex revenue streams and contract structures in a nonprofit context.
  • Excellent communication and interpersonal skills, with the ability to convey technical concepts to non-financial stakeholders.
  • Ability to resolve complex issues independently within program area.
  • Experience acting as a resource to others to solve problems.

WHAT YOU'LL BRING
  • Bachelor's degree in Finance, Accounting, Business Administration Finance, or a related field and 5 years related work experience, or equivalent combination of education and experience.
  • Experience working with computer and information management systems, Excel spreadsheets and databases for financial analysis, fiscal management, and/or financial reports.
  • Experience recruiting, supervising, and developing staff.
  • Experience in developing, directing and implementing multiple projects.
  • Experience performing high level financial analysis and recommending corrective action as appropriate.
  • Experience with GAAP including ASC 2014-09 Topic 606 and not-for-profit accounting principles, practices and regulations.
  • Experience evaluating the adequacy and effectiveness of management controls; interpreting guidelines and analyzing factual information to adapt or modify processes as needed.
  • Active CPA license.

WHAT WE BRING

Since 1951, TNC has been doing work you can believe in. Through grassroots action, we have grown from a small non-profit into one of the most effective and wide-reaching environmental organizations in the world. Thanks to more than 1 million members, over 400 scientists, and the dedicated efforts of our diverse staff and partners, we impact conservation around the world!

TNC offers a competitive, comprehensive benefits package including health care benefits, flexible spending accounts, a 401(k) plan with an 8% employer match, parental leave, accrued paid time off, life insurance, disability coverage, employee assistance program, other life and work well-being benefits. Learn more about our benefits on our Culture Tab on nature.org/careers.

We're proud to offer a flexible work environment that supports of the health and well-being of the people we employ.


SALARY INFORMATION

The starting pay range for a candidate selected for this position is generally within the range of $78,600.00 - $125,000.00 for annual base salary. This range only applies to candidates whose country of employment is the USA. Where a successful candidate's actual pay will fall within this range will be based on a variety of factors, including, for example, the candidate's location, qualifications, specific skills, and experience. Please note countries outside the USA would have a different pay range in the local currency based on the local labor market, and not tied to USA pay or ranges. Your geographic location will be confirmed during the recruitment.


APPLY NOW

To apply for job ID 56315, submit your materials online by using the Apply Now button at https://careers.nature.org/. Need help applying? Visit our recruitment page or contact applyhelp@tnc.org.

The Nature Conservancy is an Equal Opportunity Employer. Our commitment to diversity includes the recognition that our conservation mission is best advanced by the leadership and contributions of people of diverse backgrounds, beliefs and culture. Recruiting and mentoring staff to create an inclusive organization that reflects our global character is a priority and we encourage applicants from all cultures, races, colors, religions, sexes, national or regional origins, ages, disability status, sexual orientation, gender identity, military, protected veteran status or other status protected by law.

The successful applicant must meet the requirements of The Nature Conservancy's background screening process.

Do you have military experience? Visit our U.S. Military Skills Translator to match your military experience with our current job openings!

TNC is committed to offering accommodations for qualified individuals with disabilities and disabled veterans in our job application process. If you need assistance or an accommodation due to a disability, please send a note to applyhelp@tnc.org with Request for Accommodation in the subject line.

An attractive salary and benefits package is part of TNC's value proposition to our employees. TNC strives to provide competitive pay and bases salaries on the geographic location of the role committing to being equitable across groups and providing hiring salary ranges when possible.

Since we support flexible and remote work for our employees, many positions have a flexible location within countries where we're registered as a Non-government Organization and established as an employer. This may mean we're unable to provide a hiring salary range in the posting for some of our positions. However, candidates invited to be part of our interview process will be provided their location specific range upon request.


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Exchange Transaction Manager
The Nature Conservancy
Bethesda, MD
Feb 14, 2025
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