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  • Make an impact and join the opportunity finance field.

The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.org. Submissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Accounting & Loan Servicing Specialist Dakota Resources
Renner, SD
Job Function: Accounting
Posted: April 10, 2019

Background:

Come help shape rural communities.

Hi, we’re Dakota Resources. We’re a nonprofit CDFI that supports a thriving rural. Our programs empower rural leaders by connecting them to capital, coaching and community. We’re a scrappy, remote team based in Renner, South Dakota that is here for South Dakota’s small towns. We’re almost 25 years into our mission, and we’re building an organization that can last many times longer. We believe in creating a work environment that helps our people do the best work of their lives. We are committed to recruiting top talent, so we offer great pay and flexibility, with some of the most generous benefits around.

We’re looking for the next member of our team. If this seems to be for you, we’d love to meet.

Position Summary:

You love spreadsheets and get a kick out of financial reports. People would describe you as “analytical” and “disciplined,” yet “adaptable.” You’re happy knocking out a checklist and don’t need anybody looking over your shoulder every day. You’re comfortable as part of a small, mission-driven, multi-tasking team. Plus, you believe the future is packed with possibility for small rural communities.

Responsibilities:

Accounting and Loan Servicing responsibilities:
Invoicing, accounts payable and checks/wire transfers;
Employee expense reports, credit card and bank statement reconciliations, Expensify management;
Manage review of bi-weekly payroll files;
Assist with loan documentation and annual borrower reviews;
Assist with completing financial and lending reports;
Manage monthly/annual memberships and MOUs;
Other accounting- and financial-related responsibilities in support of the mission.
Admin and Reporting responsibilities:
Manage lending impact data collection;
Assist with grant, donor, and investor reporting;
Manage internal communication, paperwork and renewals related to payroll and benefits;
Assist with onboarding and offboarding employees;
Other HR and reporting responsibilities in support of the mission.

Requirements:

Important Skills and Experience:
Accounting experience;
Knowledge of and familiarity with GAAP;
Some familiarity with finance and loan servicing;
MS Excel skills; Word and Outlook familiarity;
Writing and verbal communication; and
Attention to detail and routine.
Important Values and Personality Strengths:
Analytical and disciplined, yet adaptive;
Ability to work independently and move projects forward;
Comfort working in a mostly remote team;
Professional and positive;
Humble and curious;
Bonus points if you also have:
Quickbooks skills;
Experience in the non-profit/NGO sector;
Experience in community development lending operations;
Experience working in a remote team;
Lived and/or worked in a rural community;
Experience working with Native American and/or Hispanic communities; and/or
A bachelor’s degree or higher.

APPLY TODAY: dakotaresources.bamboohr.com/jobs/

Compensation:

$40,000 to $60,000, depending on experience.

How to Apply:

APPLY TODAY: dakotaresources.bamboohr.com/jobs/

Program Officer TruFund Financial Services, Inc.
Houston, TX
Job Function: Business Development
Posted: April 10, 2019

Background:

TruFund Financial Services, Inc. (“TruFund”) is a is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund. Headquartered in New York City, our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. As a nonprofit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and nonprofit organizations that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. We also have field offices in Texas (Houston), Louisiana (New Orleans and Baton Rouge) and Alabama (Birmingham).

Position Summary:

The Program Officer for Texas, primarily in the Houston MSA,will be responsible for assisting with: (1) implementing a continuum of programs and business advisory services that creates opportunities for more entrepreneurs, small businesses and not-for-profits to increase business knowledge, strengthen management capacity, and access affordable and adequate capital for business growth;(2) maintaining relationships with outside experts/vendors/consultants, funders and government agencies, (3) performance outcome data tracking and the preparation ofreports as required by funding partners and/or senior management

Responsibilities:

Business Training, Program Administration and Management

* Provides administrative support for the planning, coordination, implementation and assessment of all program activity, events, training and workshops in the market, in accordance with organizational goals and timelines.
* Provides one on one support, working directly with entrepreneurs and business owners to support capacity building, business education and business growth.
* Conducts trainings and facilitates workshops for entrepreneurs and small business owners.
* Provides administrative support for all lending activity in market by assisting with loan packaging, client follow-up, document screening, and CRM compliance management.
* Assists with a range of project management and administrative responsibilities, including, budget and expenditure tracking, organizing meetings and workshops, and coordinating travel
arrangements.
* Ensures organizational goals, reporting guidelines,and project timelines are met.
* Utilizes program-specific tracking systems.
* Processes program applications and contributes to participant selection.
* Administers and maintains client surveys and questionnaires for quality assurance and reporting.

Community Outreach & Relationship Management 

* Cultivates good working relationships with key agencies and stakeholders critical to TruFund’s ongoing business advisory services, program delivery, business relationships loan and program referral
activity, and branding.
* Support program and lending goals,while nurturing a quality client experience. 
* Works with Communications Department on outreach and marketing efforts designed to solicit and promote TruFund’s training opportunities to businesses, employers, and other target audiences. 
* Attends community outreach, industry and partner events and maintains a calendar of related activity and events in the market.
* Assists with workshops, new borrower trainings, panel discussions, and speaking engagements for audiences with a wide range of professional backgrounds. 
* Facilitates business networking and peer to peer learning.
* Communicates with vendors, consultants, subject matter experts and other external stakeholders to support program implementation.

Materials Development 

* Works collaboratively to inform, develop and distribute program materials to support program and community engagement goals.
* Supports resource development activity as needed, including grant writing and management.
* Informs and supports the development of program reports and agreements.

Requirements:

Qualifications: 

Education and Related Work Experience:

* Minimum of a Bachelor’s Degree in related field or 3 - 5 years of training and/or technical assistance experience
* Demonstrated knowledge and previous experience in planning and conducting basic, intermediate and advanced training programs for diverse audiences
* Lending experience a plus
* Experience working with MWBE, LMI businesses and not-for-profit organizations a plus
* Experience working in supplier diversity, construction and professional services contracting, small business resiliency and/or disaster recovery a plus
* Knowledge, skills and abilities:

* Must be able to work on multiple projects and to prioritize effectively.
* Demonstrated ability to work both as a team member and independently is required.
* Must have excellent written and oral communication skills
* Proficiency in Microsoft Office software including Word, Excel, PowerPoint, and Outlook is required
* Working knowledge/experience with project management software/applications a plus
* Previous experience in the development and facilitation of workshops, panels and one on one coaching, and other business advisory experience
* Must have demonstrated ability to establish and maintain effective relationships and partnerships with key stakeholders
* Knowledge of marketing, small business planning, financial management, strategic planning, project managementand community development is strongly preferred.
* Working experience/knowledge of the low-mod income communities that comprise in the Houston Sugarland MSA
* This position requires a high degree of self-motivation, dedication, creativity, and willingness to accept a demanding (and personally satisfying) position.

Other Special Considerations

* Must be able to travel throughout the Houston MSA, as needed
* Must be able to work nights and weekends where required for program coordination and implementation
* Bi-Lingual (Spanish) Preferred
* This job is performed under general office conditions, and is not subject to any strenuous physical demands or dangerous conditions.

Compensation:

Negotiable

How to Apply:

To Apply: 

Please email your resume and cover letter with salary requirements in MS Word format to: LaShaunda P. René at LRene@trufund.org and Kim Carter Evans at kevans@trufund.org. 

 

Investment Associate Charter Impact Fund
New York City, NY
Job Function: Lending/Loan Operations
Posted: April 10, 2019

Background:

Charter Impact Fund is a nonprofit social impact fund created to help high-performing charter schools minimize their facilities financing costs and maximize their resources for students.
Across the United States, excellent schools serve as foundations for their communities. At Charter Impact Fund, we believe that the schools making the biggest difference for students should be empowered to grow and serve even more students.

Position Summary:

The Opportunity
The Investment Associate (IA) will have the opportunity to make an immediate impact at CIF – and on the charter school sector as a whole – as a member of its founding team. The IA will report to an Investment Principal and support CIF’s entire Lending Team. The ideal candidate will possess excellent analytical and financial skills, energetically embrace the sometimes-ambiguous work of a startup, and contribute to a collaborative, team-oriented culture of excellence.

Responsibilities:

Responsibilities
The Investment Associate will be responsible for:
Origination and Underwriting: Supporting the Lending Team with structuring, underwriting, and preparing transactions for credit committee approval.
Data Management: Maintaining a database of school and deal-related information such as location, project data, enrollment, performance, and long-term impact.
Outreach and Sourcing: Participating in CIF’s efforts to develop a pipeline of potential high quality loans through various marketing and outreach initiatives.
Internal System Development: Partnering with other credit team members to develop systems, policies, and procedures for developing the portfolio, including origination, lending, and reporting.
Organizational Excellence: Partaking in strategic planning and goal-setting processes.
Policy and research: Monitoring proposed legislation and policy matters related to CIF’s core business and the charter school sector.

Requirements:

Qualifications
The Investment Associate should be a highly motivated, mission-aligned profession who understands the complex mechanics borrowing and investing in the charter school sector or a similar field. Other qualifications and qualities include:
An MBA or equivalent degree (MPP, MPA, CFA, etc.)
3-5+ years of overall professional experience
2+ years of experience in venture capital, private equity, investment banking, or investment management
2+ years of impact investing/nonprofit/school experience preferred
“Must Love Schools” -- the ideal candidate will be passionate about education reform and have experience working with schools
Experience with financial and operational due diligence of Charter Schools or similar entities highly preferred
Expertise in charter school facilities financing strongly preferred
Top notch quantitative, financial modeling, and analysis skills
Track record of meeting and exceeding aggressive goals
Strong proclivity for teamwork and collaboration
Ability to work in a fast-paced, sometimes ambiguous startup atmosphere
Outstanding organizational and time management skills
Excellent communication skills
Ability to produce high-quality work products under tight deadlines
Strong customer service orientation and ability to collaborate across functional areas
High degree of integrity and authenticity

Compensation:

Compensation and benefits
Compensation is competitive, commensurate with experience. We are proud to offer excellent benefits.

How to Apply:

https://boards.greenhouse.io/charterimpactfund/jobs/4023135002

Vice President, Programs & Operations WWBIC
Milwaukee, WI
Job Function: Administrative/Operations/IT
Posted: April 9, 2019

Background:

The Wisconsin Women’s Business Initiative Corporation (WWBIC) is a leading innovative statewide economic development corporation that’s been “Putting Dreams to Work” since 1987. We open the doors of opportunity by providing targeted individuals who are interested in starting, strengthening or expanding businesses with access to critical resources such as responsible financial products and quality business and financial education. Our focus is on individuals who face barriers in accessing traditional financing or resources – in particular women, people of color, veterans and low-income individuals.

Every day we work hard to achieve our social goal of improving the economic well-being of individuals by advancing inclusive entrepreneurship and facilitating self-sufficiency strategies. Our statewide team of 50+ works with more than 5,000 clients annually by delivering 26,000 hours of training, counseling and lending services. As Wisconsin’s largest microlender, WWBIC manages a loan portfolio of $20million with 520 active borrowers.

Position Summary:

• Actively participate on WWBIC’s senior management team to provide leadership to the organization while working collaboratively to set and support agency direction, consistent policies and procedures, and strategic plan implementation.

• Lead WWBIC’s programs and services team to meet or exceed all WWBIC and funder goals; includes business assistance, business lending, education, financial capability, and veterans programs. Measure/improve effectiveness of programs and identify improvement opportunities.

• Lead WWBIC’s Advancement team to improve information collection, flow and communication to internal and external customers. Oversee efforts for development, marketing, grants administration/compliance, funder contracts, and client information management.
• Oversee the human resources functions for the agency. Work collaboratively to promote employee engagement and develop strategies that set WWBIC staff up for success and allow them to deliver consistent, creative, and quality programs and services both internally/externally.

• Supervise and coach staff (paid, consultant, volunteer) with positive influence to achieve results that are in the best interest of the organization. Set priorities, goals and direction; provide support, guidance, encouragement and professional development to team members.

• Manage ongoing, day to day operations and systems across teams, ensuring consistency, efficiency, exemplary customer service and best practices to achieve strategic goals.

• Set goals and direction for team work flow, analysis, metrics, timelines, continuous improvement activities. Orchestrate and support cross-functional team building and problem solving.

Responsibilities:

• Oversee the human resources functions for the agency. Work collaboratively to promote employee engagement and develop strategies that set WWBIC staff up for success and allow them to deliver consistent, creative, and quality programs and services both internally/externally.

• Supervise and coach staff (paid, consultant, volunteer) with positive influence to achieve results that are in the best interest of the organization. Set priorities, goals and direction; provide support, guidance, encouragement and professional development to team members.

• Manage ongoing, day to day operations and systems across teams, ensuring consistency, efficiency, exemplary customer service and best practices to achieve strategic goals.

• Set goals and direction for team work flow, analysis, metrics, timelines, continuous improvement activities. Orchestrate and support cross-functional team building and problem solving.

Requirements:

• Minimum 10 years experience in economic development, community lending or private sector business leadership role. Solid nonprofit management experience preferred

• Bachelor’s degree required; Advanced degree preferred

• Track record with cross-team operations, supervision of managerial staff, stakeholder relations and financial accountability required.

• Strong organizational, presentation, management, and communication skills; a holistic, systematic approach to organizational issues of a fast-paced and growing organization.

• Working knowledge of community development, small business needs and social entrepreneurship is preferred

• Flexible, enthusiastic, positive, team focused, with a passion for WWBIC’s mission

Compensation:

WWBIC will offer you more than just a job We offer the ability to put dreams to work and make a positive difference in the communities where we live and work. In addition to an industry-competitive salary, we have a strong benefit package including Medical, Dental, Life, STD, LTD, 403(b) with match, paid time off and more in a professional and friendly work environment.

How to Apply:

Apply today and explore what’s possible with a career at WWBIC. Send your resume, cover letter, and salary expectations to patricia.lohmann@wwbic.com.

For more information about WWBIC, visit www.wwbic.com

Community Investment Officer Corporation for Supportive Housing
Los Angeles, CA
Job Function: Lending/Loan Operations
Posted: April 9, 2019

Background:

Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
• Helping communities create 300,000 homes for individuals and families who did not have one;
• Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
• Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

Position Summary:

Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Community Investment Officer in Los Angeles.

Responsibilities:

Why we need you:
CSH is seeking a creative, results-oriented individual who has a passion for the CSH mission and the work of the Community Investment Team. We need your expertise to originate loans for quality supportive housing developments and provide assistance to government partners in shaping financing and development policies and programs to create stronger systems that support and expedite the production of supportive housing. Specific requirements include:

• Advance CSH’s strategic priorities through your Community Investment Officer role, including building the supportive housing industry by leading trainings and workshops, representing CSH at conferences and events, and working closely with colleagues on special projects, innovative ideas and programs that advance the creation of supportive housing in Los Angeles and beyond;
• Market CSH’s loan products and expertise resulting in a robust lending pipeline which you will help monitor and manage;
• Analyze project feasibility and the capacity of development teams and propose loan structures that meet borrower needs while advancing CSH’s strategic priorities and credit policies;
• Underwrite, present, and recommend project loans for approval;
• Coordinate planning and policy efforts with public officials including the City of Los Angeles’ Housing and Community Investment Department (HCID) and the County of Los Angeles’ Community Development Commission (LACDC);
• Garner feedback from developers on barriers to community development including identifying suitable development sites and fostering support from local communities for proposed plans; and
• Comment on proposed plans, policies and programs with a focus on zoning and land use ordinances that incentivize and support the creation of supportive housing.

Requirements:

How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.

Do you have:
• Minimum 5 years’ experience in low income or supportive housing development, underwriting or financing field.
• Bachelor degree preferred. Experience may substitute for education.
• Extensive knowledge of the Low Income Housing Tax Credit Program and familiarity with state and other federally funded affordable housing finance programs.
• Familiarity with the entitlement process, zoning and planning and challenges for low- income or supportive housing developers.
• Familiarity or interest in issues related to supportive housing including homelessness, low income housing development, finance, state and local housing finance policies, service needs, community development and planning, mental illness, AIDS, harm reduction or public housing.
• Success in building quality teams, trusted relationships and setting and managing performance and mentoring and coaching development partners in the areas of real estate development and housing finance issues.

CSH staff are mission driven, we take initiative, pursue goals with minimal supervision and are adept at managing multiple assignments effectively.

Compensation:

Commensurate with Experience

How to Apply:

Interested in joining our team as a leader in the national supportive housing movement?

To Apply: Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.

https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=93&s...
CSH is proud that it has been and always will be an Equal Opportunity Employer

Loan Monitoring Officer – Lending Local Initiatives Support Corporation
New York, NY
Job Function: Lending/Loan Operations
Posted: April 8, 2019

Background:

With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families

Over the last 38 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. These investments have leveraged more than $50 billion in development activity and helped families and communities raise their standards of living. LISC investments impact the lives of nearly 7 million Americans.

A core function of LISC is its operation as a loan fund. LISC provides various loan products to a wide array of project types. All loans are subject to oversight by LISC’s Lending Department. In 2018, LISC approved more than $250 million of new loan commitments, and the outstanding loan portfolio at year-end was more than $425 million. LISC is looking to grow its lending volume in the years ahead.

Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 31 markets with offices extending from Buffalo to San Francisco. Our rural programs make an impact in 44 states and are supported by LISC’s talented and dedicated workforce. Visit us at
www.lisc.org for more information.

Position Summary:

Local Initiatives Support Corporation (LISC) is seeking qualified candidates to fill the position of Loan Monitoring Officer. This position will be part of LISC’s Lending Department and will report to LISC’s Director of Asset Management and work in close coordination with lending staff in the field and other members of LISC’s Lending and Legal departments.

Responsibilities:

The Loan Monitoring Officer will be responsible for assisting the Director of Asset Management with monitoring, tracking and reporting on LISC’s portfolio, managing work-outs and contributing to other facets of the Lending Department’s work as needed. The primary duties of the position include:

• Manage a loan portfolio of approximately 100 loans, spanning numerous product and project types provided by LISC as part of its community development activity.
• Position requires proactive management of closed loans including the following:
o Risk Rating assets and preparing portfolio performance reports for committee review.
o Writing quarterly loan watch reports and presenting to committee for review.
o Monitoring disbursements on Lines of Credit and Pre-Development loans.
o Communicating with borrowers in regards to pending maturity dates, late payments and other loan covenant compliance.
o Analyze loan performance against underwriting projections to identify any potential loan repayment problems.
o Identify, prioritize and engage in problem solving with borrowers offer recommendations when issues arise.
o Review and track insurance certificates for active loans.
o Prepare post-closing amendments per LISC guidelines.
o Prepare write off memos for auditors

• Ensure the quality of data in LISC’s loan administration system, including development of policies and procedures for data collection and quality maintenance, inputting and maintenance of data, and oversight of the management and use of data.
• Perform additional loan monitoring on individual loans and prepare reports on as as-needed basis.
• Interact with LISC staff to provide accurate and timely information

Requirements:

Applicants should have the following qualifications:

• Bachelor’s degree required.
• At least three (3) years real estate experience preferably working with LIHTC and/or NMTC or comparable experience in commercial real estate, banking/finance or urban planning.
• Candidate must have working knowledge of real estate, finance and/or operations.
• Experience with asset management, acquisitions, credit, underwriting in community development is a plus.
• Strong communication, analytical, decision-making, time management, organizational, follow-up and relationship management skills.
• Self-starter ability to work independently as well as collaboratively.
• Proficiency in Microsoft Office suite, particularly Microsoft Excel.

Compensation:

LISC provides a competitive salary and excellent fringe benefits for this position. The position will be based in LISC’s New York City headquarters and is available immediately.

How to Apply:

To apply, please email a detailed cover letter and resume to:

Mary Kursar
Director of Asset Management
Local Initiatives Support Corporation
501 Seventh Avenue-7th Floor, New York, NY 10018
mkursar@lisc.org
LISC IS AN EQUAL OPPORTUNITY EMPLOYER

Chief Financial Officer NPAG
Oakland, CA
Job Function: Finance
Posted: April 7, 2019

Background:

ORGANIZATIONAL OVERVIEW

First Place for Youth (First Place) is a national leader in building and utilizing evidence for how to most effectively address the needs of foster youth as they transition to adulthood. Driven by a relentless pursuit of excellence, First Place is working to increase awareness, change perceptions, and build a movement to eliminate the disparities between foster youth and their non-foster peers.

VISION, HISTORY & KEY PROGRAMS

First Place for Youth believes that all foster kids in the United States can make a successful transition to adulthood, eliminating the disparities between foster youth and their non-foster care peers. First Place knows that, just like all youth, foster youth need a runway of support in the transition from adolescence to adulthood. Unfortunately, in the United States, many foster youth lack supports for housing, education, or other assistance from caring adults; without this:
• 35% of former foster youth experience homelessness;
• 20% will be arrested or incarcerated;
• 54% will drop out of high school; and
• 99% will never graduate from college.

First Place partners with young people in finding a safe place to live, getting their first job, and continuing their education – interventions that are carefully designed, tested, and proven to lead to decreased rates of chronic homelessness, incarceration, and long-term poverty. Since its inception, First Place’s programs have demonstrated that with the right leadership and support, transition-age foster youth can defy these odds.

Founded in 1998 by graduate students Amy Lemley and Deanne Pearn at the University of California at Berkeley-Goldman School of Public Policy, First Place began with a small grant to provide critical housing and education support to four alumni of foster care. With growing awareness of the significant challenges youth face in exiting foster care, First Place became the first organization in Northern California dedicated exclusively to addressing the lack of affordable housing and resources for this population. With the support of transformational leadership, including that of outgoing CEO Sam Cobbs, First Place has grown into a nationally-recognized organization providing evidence-informed, customized interventions that drive meaningful and measurable change in the long-term success of young people exiting foster care.

Position Summary:

First Place for Youth (First Place) helps foster youth build the skills they need to make a successful transition to self-sufficiency and responsible adulthood. Believing that foster youth, like all youth, need a runway of support to transition from adolescence to adulthood, First Place partners with young people in finding a safe place to live, getting their first job, and continuing their education. Headquartered in Oakland, CA, First Place has expanded rapidly in recent years and now serves young people in six California counties and two additional states, with additional expansion on the horizon. As it navigates a new era of scale and impact, First Place seeks a mission-driven, collaborative leader and strategist with experience leading in the context of growth, programmatic excellence, and sustainability to serve as Chief Financial Officer (CFO).

Reporting to the CEO, the Chief Financial Officer will drive the financial planning and accountability functions throughout the organization as they plan for further national expansion of an affiliate network. Working closely with the Chief Executive Officer and the senior management team, s/he/they will bring strategic financial acumen to bear in setting the agency’s future direction, shaping policy and funding priorities, monitoring relevant shifts in the regional and national landscape, and developing the systems and practices that will allow First Place to fully capture those opportunities for expansion.

The ideal candidate will be a seasoned and strategic finance professional with experience in nonprofit management, preferably in the context of a multi-site program with diverse funding streams. S/he/they will demonstrate exceptional analytical, consultative, and collaborative leadership skills in both guiding and developing the finance team, creating and implementing systems and processes to ensure compliance, efficiency, and excellence across the department, and as a crucial member of the senior leadership team. S/he/they will have a strong personal commitment to First Place’s mission to serving youth; a demonstrated commitment to diversity, equity, inclusion, and continuous learning and reflection; and the ability to grow along with the organization as it plans for a new era of expansion and impact.
This search is being conducted with support from NPAG. Application instructions can be found at the end of this document.

Grounded in positive youth development theory, First Place’s approach focuses on partnering with youth in service delivery and providing opportunities that meet their full range of developmental needs – educational, economic, social, and psychological. First Place delivers these interventions through three key program models:

My First Place
My First Place (MFP) is a nationally-recognized model for providing current and former foster youth necessary support in their transition to adulthood. The program provides one or two-bedroom apartments, support with move-in costs, rent, furnishings, health and nutrition resources, employment support, and other essential services. Program staff work directly with young people to collectively set and work toward goals, allowing young people to move toward greater independence. MFP serves the most vulnerable former and current transition-age foster youth (ages 18 to 24) who are otherwise often unprepared for independent living. MFP employs a youth-centered, needs-driven, trauma-informed approach to providing youth with support and coaching to learn independent living skills across life domains through real world application.

Steps to Success
The Steps to Success program within First Place is a Career Pathway Program that provides current and former foster youth critical educational and employment supports that increase their ability to perform effectively at a post-secondary level, and ultimately to secure sustainable, living-wage employment. Youth receive one-on-one support to explore and identify a career pathway of interest, work toward stackable vocational certificates, and transition into internships where they gain technical skills and work-based experience. Program staff also work directly with young people in providing education planning, course selection, tutoring, career counseling, resume writing, and other services that directly support their long-term goals.

First Foundation/ Independent Living Skills Program (ILSP)
Key to First Place’s commitment to providing preventative services to foster youth still in care, the First Foundation program is a nationally-recognized, intensive academic and personal counseling program (part of the larger Independent Living Skills Program) that works to keep foster youth from dropping out of school. The U.S. Department of Health and Human Services has highlighted First Foundation as one of 20 “best practice programs” in the country.
IMPACT & EXPANSION
Celebrating its 20th anniversary this year, First Place has demonstrated extraordinary impact and success as measured by the outcomes of the foster youth and former foster youth that they serve.

With the support of Tipping Point Community, The Kresge Foundation, The Conrad Hilton Foundation, and New Profit Inc., among others, First Place has built upon its early work in specialized housing and services for former foster youth in Oakland, incorporating and expanding its nationally-recognized employment and education programming. This holistic, evidence-based and comprehensive approach is changing the dialogue around emancipated youth, shaping the culture and practices of child welfare, and affecting legislation in a way that supports the desired outcome of self-sufficiency.

Since its founding, First Place’s work has been driven by two simultaneous goals: provide result-driven direct services to young people while also initiating and shaping public policies that will improve the lives of youth as they transition out of foster care. By ensuring that effective, evidence-informed direct services drive the organization’s public policy efforts, First Place has a unique opportunity to continually inform, test, implement, and refine services for young people in order to support policies that drive the best long-term outcomes for the largest number of foster youth.

The success of First Place’s programming has also attracted significant support from a diverse group of private and public funders, furthering the long-term sustainability of the work. Now one year ahead of schedule, First Place’s Ready to Launch Campaign has raised more than the $15M goal, building a financial foundation for the expansion and enrichment of programs as the work continues to scale rapidly.

My First Place Affiliate Network
Over the past five years, First Place has focused significantly on the refinement and expansion of the flagship My First Place (MFP) program. The newly formed My First Place Affiliate Network has begun to replicate this model in Boston and the state of Mississippi, with plans for additional expansion to New York City in process. First Place plans to continue this work, partnering with independent 501(c)3 organizations to launch additional affiliate MFP programs in five to seven cities in the next few years. This affiliate network model allows First Place to leverage existing infrastructure and talent and allow for necessary adaptation while still upholding rigorous standards for quality and outcomes that are driven by evaluation.

OPPORTUNITIES AND CHALLENGES FACING THE NEW CFO

The CFO will be a forward-looking and flexible thinker with the ability to quickly gather and synthesize information to drive rigorous planning and decision-making processes. S/he/they can expect to engage with the following challenges and opportunities:

Finance Leadership and Strategic Vision

• Provide proactive financial planning support and bring an entrepreneurial approach to creating and assessing financial strategies and funding mechanisms by way of recommendations, development of benchmarks, and analysis of progress. Work closely with the CEO and senior leadership team to ensure that organizational initiatives and activities are aligned with the financial growth strategy of First Place.
• Refine systems for generating real-time forecasts and other financial tools to support the organization in making sound business decisions, developing philanthropic support, and building capacity to review programs from a budgeting perspective.
• Advise CEO and key members of senior management on finances including planning, budgeting, cash flow,
investment priorities, and policy matters.
• Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of director and committee meetings.
• Lead proactive communications efforts to keep the CEO, senior leadership team, and board continuously up to date on the financial status of the organization and drive momentum on new initiatives.
• Represent the organization externally as necessary, particularly with respect to banking and lease negotiations.

Organizational Management and Development of the Finance Systems and Processes

• Create systems to produce accurate and timely information on the financial status of all programs and departments upon request, including reports that enable First Place directors and managers to monitor and manage their own departmental, team, or project budgets.
• Oversee the annual audit and ensure a clean opinion.
• Plan, coordinate, and execute the annual budget process. Lead the development of a set of annual planning tools and systems that encompass broader strategic goals.
• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures. Provide analytical support to the leadership team including development of internal management reporting capabilities.
• Improve administrative and accounting services such as treasury management, 403B plans, grants payment processing, payroll, accounts payable, and purchasing. Ensure accuracy and compliance with First Place accounting policies and procedures as well as regulatory compliance and sales tax reporting.

Staff Development and Performance Management

• Ensure that staff members receive timely and appropriate training. Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer all aspects of employee relations for assigned staff.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and customer service.
• Exemplify First Place’s commitment to serving and empowering youth and advance a culture of respect and inclusion that respects individuals and their unique contributions.

Responsibilities:

OPPORTUNITIES AND CHALLENGES FACING THE NEW CFO

The CFO will be a forward-looking and flexible thinker with the ability to quickly gather and synthesize information to drive rigorous planning and decision-making processes. S/he/they can expect to engage with the following challenges and opportunities:

Finance Leadership and Strategic Vision

• Provide proactive financial planning support and bring an entrepreneurial approach to creating and assessing financial strategies and funding mechanisms by way of recommendations, development of benchmarks, and analysis of progress. Work closely with the CEO and senior leadership team to ensure that organizational initiatives and activities are aligned with the financial growth strategy of First Place.
• Refine systems for generating real-time forecasts and other financial tools to support the organization in making sound business decisions, developing philanthropic support, and building capacity to review programs from a budgeting perspective.
• Advise CEO and key members of senior management on finances including planning, budgeting, cash flow,
investment priorities, and policy matters.
• Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of director and committee meetings.
• Lead proactive communications efforts to keep the CEO, senior leadership team, and board continuously up to date on the financial status of the organization and drive momentum on new initiatives.
• Represent the organization externally as necessary, particularly with respect to banking and lease negotiations.

Organizational Management and Development of the Finance Systems and Processes

• Create systems to produce accurate and timely information on the financial status of all programs and departments upon request, including reports that enable First Place directors and managers to monitor and manage their own departmental, team, or project budgets.
• Oversee the annual audit and ensure a clean opinion.
• Plan, coordinate, and execute the annual budget process. Lead the development of a set of annual planning tools and systems that encompass broader strategic goals.
• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures. Provide analytical support to the leadership team including development of internal management reporting capabilities.
• Improve administrative and accounting services such as treasury management, 403B plans, grants payment processing, payroll, accounts payable, and purchasing. Ensure accuracy and compliance with First Place accounting policies and procedures as well as regulatory compliance and sales tax reporting.

Staff Development and Performance Management

• Ensure that staff members receive timely and appropriate training. Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer all aspects of employee relations for assigned staff.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and customer service.
• Exemplify First Place’s commitment to serving and empowering youth and advance a culture of respect and inclusion that respects individuals and their unique contributions.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

While no one candidate will embody all the qualifications enumerated below, the ideal candidate will possess many of the following professional and personal capacities, attributes, and experiences:

• Sophisticated leadership skills and presence developed through a minimum of eight to ten years of progressive nonprofit financial leadership experience preferably in a high-growth, best-in-class organization with a youth-facing and/or direct service focus; Demonstrated values-based leadership and the highest levels of personal and professional integrity;
• Experience managing a variety of sources of grants and contracts, and gathering accurate financial data for government and foundation grant proposals and reports is required; Comprehensive and expert knowledge of internal controls, FASB, GAAP, government accounting policies, cost allocation procedures, and fund accounting is desirable;
• Experience leading budget development, financial modeling, and forecasting processes in a non-profit organization; Strong cross-functional capacity to both lead and participate across teams to define issues and agree on processes, strategies, and outcomes;
• Exceptional oral and written communication skills including the demonstrated ability to research, synthesize, and analyze information, compose documents, and present data in a clear and concise manner to appropriate personnel, including top management, program staff, and/or Board of Directors;
• Strong customer service orientation and willingness to be a consistent resource to staff around issues of finance, budgeting, and planning;
• Collaborative work style and the ability to either take direction or work independently as the situation requires; Sets clear goals with staff and uses data to evaluate progress towards goals; Creates and communicates vision and then empowers team to carry it out; Proactively addresses performance issues by diagnosing problems, developing solutions, and monitoring progress; Celebrates accomplishments, and invests in staff using both collaboration and guidance;
• Strongly results-driven with detail orientation; Demonstrated ability to think strategically while executing tactically within a resource-constrained environment;
• Sense of humor, humility, perspective, and balance;
• Proficiency with standard finance systems and tools is required; Working knowledge of Sage MIP fiscal software not required, but a plus;
• Bachelor’s degree in relevant field from an accredited institution required. Advanced degree and/or CPA preferred.

Compensation:

Commensurate with Experience

How to Apply:

TO APPLY

More information about First Place for Youth may be found at: www.firstplaceforyouth.org

This search is being conducted with support from Allison Kupfer Poteet, Nureen Das, and Chris Cannon of NPAG. Nominations, inquiries, and/or applications, including a cover letter describing your interest and qualifications, and your resume should be submitted to: FPFY-CFO@nonprofitprofessionals.com

First Place for Youth is an equal opportunity employer and proudly values diversity.
Candidates of all backgrounds are strongly encouraged to apply.

Rural Development Specialist - Community and Economic Development Rural Community Assistance Corporation
West Sacramento, CA
Job Function: Business Development
Posted: April 4, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) non-profit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board is working to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
Community and Environmental Services
RCAC’s comprehensive community and environmental services support rural communities to create a vision, set goals and implement an action plan for community development projects. The Building Rural Economies (BRE) initiative trains and builds community support for entrepreneurial development based on local resources and supply chains. BRE builds the capacity of local sponsoring organizations to network, plan and implement economic development initiatives in rural communities.

Position Summary:

The Rural Development Specialist (RDS) will assist the BRE team with the expansion of our rural economic development initiative. Major responsibilities include, but are not limited to: work with rural communities to identify and develop strategies that lead to new economic opportunities; work with small rural communities to build and implement wealth building strategies using the BRE program’s training and technical assistance curriculum.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Duties and responsibilities include, but are not limited to:
• Provide training, technical assistance and coaching to small rural communities within the RCAC footprint to identify and implement economic opportunities for a place-based entrepreneurial culture
• Assist communities to build leadership, entrepreneurial and economic development networks
• Facilitate local planning and leadership development programs
• Provide training and technical assistance to small rural communities to develop and submit federal, state and private applications to fund local economic and community development goals
• Assist communities to identify and secure resources for sustainable operations
• Work with BRE staff to develop tools and resources to cultivate local entrepreneurship; support community work plan development and implementation; and provide research and writing support for market studies, feasibility analysis, project financing, and business plans.
• Assist small rural communities to finance new small businesses and community facilities through RCAC’s Loan Fund

Requirements:

Skills and Qualifications
• Knowledge of economic development networks
• Knowledge of principles of adult learning
• Knowledge of program development and grant writing using an outcomes framework
• Knowledge of performance management principles
• Ability to think and talk from a business perspective
• Ability to talk to business people and communities outside RCAC’s regional footprint about economic development
• Ability to build teams and establish trust
• Proficiency with computer software including Microsoft Office
• Ability to effectively listen and communicate, verbally and in writing
• Ability to work with minimum supervision and handle multiple priorities simultaneously
• Ability to organize and prioritize work to meet established timelines
• Ability to use good judgment, both independently and as part of a team
• Ability to provide high quality customer service
• Ability to perform research and analysis
• Ability to facilitate meetings
• Ability to develop and conduct participant-centered trainings
• Ability to analyze business/operation systems and organizations
• Ability to use initiative to troubleshoot and problem solve
Preferred Education and Experience
A combination of experience and education is required to qualify for the position.
A typical qualifying combination would be:

Experience:
Three years of applicable experience in community economic development. Experience in project management. Experience in training, facilitating and mediating community programs/projects is highly desirable. (If a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year).

Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).

Compensation:

$57,600 to $60,000 annually

How to Apply:

Please visit our website at www.rcac.org/careers to view the job description and apply online.

Commercial Finance Coordinator TCEG
Philadelphia, PA
Job Function: Finance
Posted: April 4, 2019

Background:

The Creative Engagement Group TCEG is a subsidiary of Huntsworth Plc., the healthcare communications and public relations group.
Our brands work with an international blue-chip client base across a range of sectors, with particular strength in healthcare. We offer a unique set of talents and skills, assembling the right team to provide an integrated approach in order to help our clients address their communication and engagement challenges, providing communications solutions through a variety of service offerings including live event production, exhibitions, project management, logistics, video, medical communications, virtual and digital - supported by our creative studio and brand communications teams.
TCEG operates with four brands: WRG, The Moment, Axiom and Just Communicate.

Position Summary:

You will be a key player within the Commercial support team. You will lead all staff training with respect to budget management software, ensuring the integrity and quality of data. You will be working alongside various stakeholders within the business, helping to give insight in the use of the dashboard data. You will be trained and supported on how to analyse the company financial and time utilization data, enabling you to help build commercial acumen, supporting business decisions. This role will be based in our Philadelphia office, but frequently communicate with the UK teams.

The split of duties can be broadly described as 1/3 user support, 1/3 system support + analytics and 1/3 commercial insight.

Responsibilities:

• Daily technical and user support for the budget management software (Procim)
• One to one and group training for the budget management software – you will become the go-to person for all queries and questions
• Routine reporting responsibilities
• Deployment of weekly and monthly MI reports
• Producing and maintaining training documentation
• Commercial support to the agency - understanding their targets and data for our clients

Requirements:

• Bachelor’s Degree or equivalent preferred
• The ability to quickly grasp and understand new business systems
• Flexibility to support teams & staff across multiple locations
• Ideally have experience working with business databases and datasets in a fast-paced environment
• Highly numerate, logical & methodical
• Strong Excel skill required
• Excellent attention to detail, and ability to manage multiple concurrent projects
• Able to work agile and able to priorities workload to meet business needs
• Proactive with a strong commercial sense
• Strong interpersonal skills and communication skills
• Confident in providing training and guidance across varied stakeholders
• Ability to present data in a simple and effective manner
• Demonstrate a high degree of initiative and take ownership of tasks
• Strong commercial awareness is preferred
• Genuine interest in business and commercials
• Strong analytical skills

Compensation:

Competitive salary and benefits package

How to Apply:

http://www.tceg.com/careers/

Loan Officer CEDS Finance
Aurora, CO
Job Function: Underwriting
Posted: April 3, 2019

Background:

CEDS Finance is a mission-based lender whose mission is to support the American Dream of financial self-sufficiency, by assisting refugees, immigrants, and those from underserved communities in Metro Denver in small business development. CEDS Finance is the 2018 Colorado Community Lender of the Year. The organization is a Community Development Financial Institution (CDFI) that’s facilitated over $4 million of investment capital and created/retained 550 jobs.

Position Summary:

This position is akin to a Loan Officer; however, since we do a significant amount is Islamic-compliant (debt) lending the official title is Investment Officer.

Main Duties and Responsibilities: The Investment Officer is responsible to process and underwrite loan applications, manage and implement collections process, provide technical assistance to CEDS Finance clients, and support the loan department in all manners. Processing and underwriting applications includes tracking applicants; reviewing intake forms, business plans and supporting documents; as well as conducting the financial underwriting. Managing collections includes establishing a client relationship with the borrower, monitoring repayments and booking loan transactions.

Responsibilities:

• Client Intake & Loan Package Assembly: Assess clients for CEDS Finance eligibility and fit, provide training on completing loan application, as needed, and track applicant and progress information. Organize loan information (maintaining both hard & soft copies), review application for thoroughness and accuracy, determine additional information needs and perform the necessary due diligence, including site visits and reference checks.
• Collection: Work with the Investment and Finance Manager to track monthly payments. When clients are late, follow collection guidelines (calling and emailing clients). Work with clients to understand why they are late and problem solve how they might get back on track. Build relationships with clients and conduct regular check-ins to monitor the progress of their businesses. Update client data, including contact information, regularly.
• Outreach: May be called upon to represent CEDS Finance at community outreach events, including hosting a table or trade booth at festivals or forums. Present information on CEDS and explain our products to targeted stakeholders to develop customers and the brand.
• Loan Analysis & Presentation: Analyze and score the loan package in terms of business viability, credit/character, collateral, owner’s equity and skill to operate business. Perform external analysis on applicant, including performing credit scores, OFAC checks and conducting reference checks. Take loans through internal staff review and may be called upon to present them to the External Credit Committee.
• Technical Assistance: Provide guidance and/or training, either in groups or one-to-one sessions, to potential borrowers on issues related to small business management, such as business startup, marketing, bookkeeping, financial strategy and/or cash flow management.
• Report Preparation & Submission: Prepare and submit required reports to funders and Executive Director.
• Procedural Obligation: Ensure CEDS Loan Procedures are properly being implemented, including updating relevant software (DownHome Solutions, MPERS, and other internal tracking spreadsheets), and perfecting collateral.
• Special Projects: Work with the Executive Director on special projects as the need arises. This may entail – among other things – supporting proposal preparation, leading asset distributions, and/or researching new projects or partnerships.
• Other Duties: Perform other duties as assigned by Executive Director and Investment Manager.

Requirements:

Qualifications:
• B.A. or B.S. degree is required; preference for a degree in Finance, Economics, Accounting, Business Management. Master’s degree is strongly preferred
• Two to five years’ experience (domestic or international) in commercial underwriting, impact investing, finance, business consulting or business plan preparation
• Strong financial analysis skills including understanding the linkages between the various financial statements and a proficiency in Excel
• Interest in impact investing or socially-minded businesses is desired, experience is preferred
• Ability and experience to work with low income individuals of wide-ranging cultures
• Excellent interpersonal and problem-solving skills
• Ability to work effectively in a team and can operate independently as the tasks are require
• Ability to speak more than one language a plus
• Proficiency with MS Office Suite (Word, Excel and PowerPoint). Experience with DownHome Solutions, Equifax, Credit Builder, Photoshop/Gimp and/or Word Press is preferred
• Proactive, professional and hardworking with strong organizational and analytical skills. Flexible with an interest to learn and develop professional skills

Compensation:

Compensation is competitive for CDFIs in Metro Denver.

How to Apply:

If interested, please submit a resume and cover letter to info@cedsfinance.org with “Investment Officer” in the subject line. The cover letter needs to be handwritten and should include where you learned of the job opening. The application deadline is May 15, 2019.

CEDS provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, creed, color, national origin, sex, sexual orientation, gender identity and expression, marital status, religion, ancestry, mental or physical handicap, or age. In addition to federal law requirements, CEDS complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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