Job Alert! Community L.I.F.T. is hiring
Since 2011, Community LIFT (LIFT), a nonprofit economic and community development intermediary has been a catalyst for change, working to advance Memphis by enabling the revival of its distressed neighborhoods. We attract national dollars and align them with local resources. Together those investments are strategically distributed in the form of grants to community development corporations and grassroots leaders for maximum impact. LIFT also operates an affiliate organization called River City Capital Investment Corp., which serves as its economic development arm. River City Capital primarily makes loans to spur job creation and better educational outcomes and to increase quality affordable housing.
The Finance Director will be a strategic thought-partner and report to the president. The successful candidate will be a hands-on and participative manager and will lead and develop an internal team to support the following areas: finance, business planning and budgeting of both LIFT and River City Capital. The Finance Director will play a critical role in partnering with the team and Board of Directors in strategic decision making and operations as Community LIFT continues to enhance its quality programming and build capacity. This is a tremendous opportunity for a finance leader to maximize and strengthen the internal capacity of a well-respected, high-impact organization.
75% Financial Accounting and Reporting
- Analyze and create financial reports and statements in an accurate and timely manner with generally accepted accounting principles (GAAP); clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program, and grants accounting
- Prepare bookkeeping, including maintenance of the general ledger, accounts payable, accounts receivable, petty cash, and payroll
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary
- Manage organizational cash flow and forecasting; Reconcile bank and investment accounts; Review monthly results and implement monthly variance reporting
- Monitor progress and changes and keep directors abreast of their program’s financial status and the organizations overall financial health
- Implement contracts management and financial management/reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements
- Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual
- Effectively communicate and present the critical financial matters to the board of directors
- Document and maintain complete and accurate supporting information for all financial transactions
15% Budget Preparation
- Oversee and lead annual budgeting and planning process in conjunction with the president; administer and review all financial plans and budgets
- Establish guidelines for budget and forecast preparation; Assist Program Directors and Project Managers with the preparation of budgets for funding applications
10% Risk Management
- Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
- Advise the organization's leadership on appropriate insurance coverage for the organization and the Board of Directors
- Maximize income where possible and appropriate
- Research and negotiate with Bank financial services as required and appropriate
- Accounting Degree required. Knowledge and working experience in not-for-profit accounting preferred. CPA and/or MBA a plus.
- At least 5-10 years of overall professional experience; ideally 6+ years of broad financial and operations management experience
- The ideal candidate has experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area,
- Ability to translate financial concepts to – and to effectively collaborate with -- programmatic and fundraising colleagues who do not necessarily have finance backgrounds
- A track record in grants management
- Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; knowledge of accounting and reporting software
- Commitment to training that maximize individual and organization goals across the organization including best practices in nonprofit financial management and financial reporting activities
- A successful track record in setting priorities; keen analytic skills, organization and problem solving skills which support and enable sound decision making
- Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders
- A multi-tasker with the ability to wear many hats in a fast-paced environment
- Personal qualities of integrity, credibility, and dedication to the mission of Community LIFT
Salary range is $50,000 - $65,000 and will be commensurate with the individual’s experience and education. This is a full time, exempt position.
Interested individuals should submit a letter of interest, three references and resume by Friday, February 16, 2018, to Amelia [at] communitylift [dot] org or mail to Amelia Crowley, Operations Manager, Community L.I.F.T., Inc., 119 Court Avenue, Suite 100, Memphis, TN 38103. Please reference the position in the subject line of your email. NO PHONE CALLS OR FAXES. Only those applicants being considered for the next step in the hiring process will be contacted.
Community LIFT is an Equal Opportunity Employer and welcomes applications from individuals who will contribute to its diversity.