Vice President, Grant Management and Compliance

Background

Opportunity Finance Network (OFN) is the nation’s leading investment intermediary and network CDFIs serving rural, urban, and Native communities across the United States. With over $1 billion in total assets under management, OFN manages a national membership network of more than 410 mission-driven lenders and CDFIs, including community development loan funds, credit unions, green banks, community development banks, minority depository institutions, and venture capital funds. OFN is a trusted investment partner to the public, private, and philanthropic sectors – foundations, corporations, banks, government agencies, and others. For more than 30 years, our team has helped partners invest in communities to catalyze change and create economic opportunities for people and places traditional finance doesn’t reach.

To learn more, visit ofn.org

People who work at OFN come from a variety of professional and academic backgrounds. If you have:

• Passion for the mission and true believer in our core purpose.
• Courage to be a fearless advocate who is confident and resilient in our fight to drive capital into low-income communities.
• Smart, quick seekers of knowledge who thrive on creating and developing new strategies, products, and programs for increasing capital to communities we serve.
• Desire to be a collaborative team player who possesses humility and a willingness to lean in all areas of our work.

Come be a part of our growing diverse, highly committed, skilled, and collaborative staff. At OFN, we are dedicated to building a diverse, inclusive workplace, so if you are excited about this role but your experience does not align perfectly with every qualification, we encourage you to apply nonetheless. You may be the right candidate for this or other roles.

Summary

OFN has an exciting management opportunity with our expanding accounting team. The Vice President, Grant Management and Compliance will manage and oversee a team that ensures OFN’s accounting operations are compliant with all regulatory, programmatic, and other grant requirements, including but not limited to, the Greenhouse Gas Reduction Fund (GGRF). This role will lead internal audits, develop grant budgets and reports, manage grant draws and play a critical role in establishing a culture of compliance throughout the organization. If you want to work for an organization that makes an impact, OFN might be the place for you. It is our mission to align capital with social, economic, and political justice.

This position is based in Washington, D.C. All staff currently work a hybrid schedule.

Responsibilities

• Actively ensure accounting policies and procedures adhere to federal principles and grant requirements including 2 CFR 200 and develop policies and procedures where necessary.
• Monitor accounting operations to ensure they remain compliant with policies and procedures.
• Foster a culture of compliance and continuous improvement within the organization; collaborate and liaise with other departments including Investment Operations, Legal, etc. as needed.
• Develop and lead internal audits and reviews to ensure adherence to policies and procedures; lead planning for Single Audit.
• Prepare written reports of compliance reviews, internal audits, and findings including specific recommendations for correction action where appropriate.
• Serve as primary liaison for financial grant issues including budgeting and financial reporting.
• Manage grant draws and financial grant reporting.
• May provide support with other grant-related activities as needed.
• Manage Grants Management and Compliance team.

• Stay up to date on relevant laws, regulations, and policies related to grant compliance. Interpret and communicate these requirements to internal stakeholders.

Requirements

• Bachelor’s degree in a relevant field, such as Public Administration, Non-Profit Management, or 5-7 years direct work experience in lieu of a degree is required.
• 3-7 years of experience in grant management including federal grants is required.
• Demonstrated experience working with 2 CFR 200 and federal grants requirements is required.
• Experience working in a CDFI or nonprofit environment is desired.
• Advanced digital literacy and ability to navigate workplace technology including Microsoft office suite, administrative and grant management software, databases, and Salesforce.
• Excellent organizational skills with the ability to manage complex and highly confidential information exercising initiative and sound judgment/decision-making with a solution-oriented focus.
• Effective analytical and problem-solving ability.
• Excellent time management skills with the ability to manage multiple tasks, within tight deadlines in a clear, level-headed manner; ability to turn work around within a short period of time where demands are liable to change quickly effectively, and efficiently.
• Ability to work well and collaboratively with diverse constituents and interface with employees at all levels of the organization, OFN Members, OFN investors, and funders is required. Comfortable working autonomously and across multiple tasks and reporting to different project working teams.
• Position involves normal physical requirements for an office position.
• Minimal travel required (<5% of time).

How to Apply

To apply, submit a cover letter and resume to : https://www.appone.com/MainInfoReq.asp?R_ID=6375798

EOE STATEMENT – We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status or any other characteristic protected by law.