CEDS Finance Overview: CEDS Finance is a non-profit, micro-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 through small business support. The organization is a Community Development Financial Institution (CDFI) that has debt capital from a range of sources, including the CDFI Fund, Office of Refugee Resettlement, PRI for local community foundations, and the Small Business Administration (among others). CEDS Finance has invested nearly $4 MM into the local community and created/retained close to 500 jobs. CEDS Finance is proud to have been named the 2018 Colorado Community Lender of the Year.
Main Duties and Responsibilities: Reporting to the Executive Director, the Finance Manager will be responsible for managing complex budget and loan portfolio of over 200 active loans and multiple grants.
Key Duties and Responsibilities:
- Accounting / Bookkeeping:
- Manage and maintain chart of accounts as necessary.
- Record financial transactions in accordance with GAAP.
- Manage all expense transactions (including reimbursements) and ensure they abide by CEDS & GAAP protocols. Manage and maintain all intra-account bank transfers.
- Perform monthly reconciliations between accounting software and bank statements, as well as accounting software and loan management software for both principal and earned income.
- Produce weekly cash reports, monthly financial statement reports, bi-monthly board financial reports (including budget to actual), and other financial reports as requested.
- Ensure petty cash and staff operational account are managed and a minimum balance is maintained.
- Prepare for fiscal year end, which may include journal entry adjustments.
- Maintain accurate and complete accounting records (in compliance with GAAP standards) and ensure the proper storage and access has been maintained (including holding original loan agreements).
- Ensure the CEDS Finance Financial and Loan Procedures (or manuals) are up-to-date, accurate, and are being appropriately administered.
- Financial Reports: Produce financial reports for specific grant, loan, and/or PRI investment reports as required by the funders, donors, and/or the Board of Directors.
- Audit: Manage, prepare, and assist in the annual audit and Form 990. Work with auditor(s) as necessary, and ensure a seamless audit process.
- Budget: Assist the Executive Director to develop and prepare the annual budget, grant applications. Assist the other managers to develop and submit financial and program reports for their programs through fundersâ websites (like ORR & SBA). Period submission of payment requests to and drawdowns from federal payment systems such as PMS.
- Software Administrative Management:
- Maintain all user names and password for all secure logins.
- Ensure all computers all the necessary software (and it is up-to-date), programs, fonts, and all other requirements.
- Ensure all staff have the necessary hardware need to perform their work (computer, keyboard, mouse, phone, etc.).
- Ensure (and maintain) the general office equipment.
- Office Management: Responsible for office management including:
- Manage and communication office holidays, closures, and snow days to staff/clients/others. This includes setting the annual holiday schedule.
- Manage the relationship for all lease-related issues (including building management, lease payment, issues with the building, etc.).
- Maintain office equipment inventory (ensuring all assets are properly checked-in and out, and tracked).
- Manage all contracts and contractor relationships. Ensure no registration/subscriptions/ contracts lapse.
- Order all office supplies and ensure procurement abides by the policies established in the Financial Procedures.
- Human Resources: Responsible for administering the benefits for staff, including:
- Enrolling, maintaining, and unrolling staff from various benefit programs (such as health insurance, dental insurance, etc.)
- Maintaining staff hard copy files in support of human resources (e.g., offer of employment letters, completed emergency contact forms, signed Personnel Procedures statements)
- Ensure all new employees have completed all necessary documentation (emergency contact list, retirement plan and/or benefit enrollment) and that the documentation has been filed.
- Confidentiality: Maintain confidentiality and security of data of staff and organizational information.
- Other Duties: Performs other duties as assigned.
- B.A. degree in accounting or related field. Masters preferred.
- Detail-oriented with high ethical standards.
- A minimum of five years of experience in finance and management.
- Ability and experience to work with low income individuals of wide-ranging cultures.
- Excellent interpersonal and problem-solving skills.
- Proficiency in MS Word, MS Excel, and Quickbooks.
- Ability to speak more than one language a plus.
If interested, please submit a resume and hand written cover letter to firstname.lastname@example.org with âFinance Managerâ in the subject line. Ensure to include in the hand written cover letter where you heard of or saw this job posted. The application deadline is November 30, 2018.
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.