PURPOSE: CFO/Controller will support the organization in developing and implementing a cohesive financial strategy to support the mission of Ventures. This is a new position, reporting directly to the Executive Director and serving as part of the Ventures' management team.
ESSENTIAL DUTIES and RESPONSIBILITIES:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Provide strategic direction and oversight for all financial operations of the organization, including budgeting, forecasting, accounting, and financial reporting.
Ensure compliance with all regulatory requirements and standards, particularly in relation to government grants, contracts, and funding agreements.
Directly manage the finance team, providing leadership, guidance, and support in their day-to-day activities and professional development.
Collaborate with the Executive Director, Finance Committee, and Board of Directors to develop and implement financial strategies that support the organization's mission and goals.
Collaborate with Executive Director to prepare monthly Finance Committee reports
Manage the organization's budgeting process, including the allocation of resources and monitoring of financial performance against budget targets.
Serve as the primary point of contact for external financial stakeholders, including auditors, lenders, donors, and government agencies.
Oversee the organization's loan portfolio, including loan management, collections, and reporting to funding partners.
Attend occasional evenings or weekends for Board Meetings
Attend Annual Board Retreat
Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.
QUALIFICATIONS:
KNOWLEDGE OF:
Manage organization's finances, budgets, and financial reporting
Plan long-term financial strategies for organizational success
Oversee application and management of government grants
Support community development through financial institutions
Provide small loans backed by the Small Business Administration
ABILITY TO:
Work with a positive and professional attitude; ability to work well with diverse personalities, in a team or individually; excellent organizational and planning skills, and a high level of attention to detail
Communicate effectively in writing to a diverse range of audiences including donors, volunteers, the media, and Ventures clients.
Distill complex concepts and data into clear, concise, and compelling content that inspires action.
Prioritize projects, take initiative, and meet deadlines.
Serve as an ambassador of Ventures through strong interpersonal skills.
Communicating performance expectations such as procedures, work schedule, etc., not detailed in the job description;?
Facilitating scheduled verbal and written performance reviews as specified in the employment policies, and addressing any immediate performance issues as they arise;
EXPERIENCE
10+ years of experience in financial management
BA in Accounting for Finance from an accredited university or years of equivalent experience
Responsible for financial portfolios greater than five million dollars
Progressive responsibility in a role demanding initiative, and attention to detail.
Current or previous experience in an organization transitioning to a larger structure
Preferred passion for small business ownership, entrepreneurship, and poverty alleviation; knowledge of the factors influencing small business success and the barriers faced by low-income and underserved or under-represented individuals to achieving financial stability
STAFF-WIDE EXPECTATIONS
All staff are expected to engage in activities that contribute to the general wellbeing of the organization. Unless specifically stated otherwise, staff should expect to:
Adhere to and demonstrate the Ventures core values in their work
Participate in staff meetings, workgroups and committees
Commitment to Ventures initiatives and work on diversity, equity and inclusion and advocacy
Attend and participate in client and volunteer events when practical
Exhibit the Ventures core values: integrity, diversity, empowerment, community, innovation, and client-success
Contribute to the cleanliness and organization of the physical environment
Adhere to all Ventures Policies and Procedures
COMPENSATION AND BENEFITS:
Starting Salary Range: $100,000 -$125,000 per year
Subsidized Medical insurance – 90% of premiums paid for by Ventures, 50% of premiums for qualified dependents and domestic partners
Paid Dental Insurance - 100% Ventures paid premiums
Flexible Spending Account?(Medical and Daycare)
403b Retirement Account with 3% employer contribution?
Life and long-term disability insurance
Subsidized ORCA pass
Annual professional development & workplace wellness spending allowance
Generous paid leave, including 17 paid holidays per year; 17 to 22 paid vacation days per year (depending upon tenure); and 12 paid sick days per year
DETAILS:
Department: Executive
Tax Class / FSLA Status: Exempt
Supervisor: Executive Director
Schedule: Full-time, 40 hours per week
Location: "The 2100 Building" - 2100 24th Avenue South, Suite 380, Seattle, WA 98144, Ventures requires all leadership employees to come into the office three days per week
An employment offer will be contingent upon the successful completion of professional references (Past Direct Supervisors) and federal background check
EMPLOYMENT ELIGIBILITY:
Applicants for this role will only be considered if they are able to legally work in the United States, where this position is located without visa sponsorship.
REASONABLE ACCOMODATIONS
Reasonable accommodations for applicants with disabilities can be made upon request. To request an accommodation or for further information, please email
PHYSICAL DEMANDS/WORKING CONDITIONS
The employee must be able to operate a computer and other office equipment, speak and listen on the telephone, and accurately see and interpret columns of numbers.
This position description generally describes the principal functions of the position and the level of knowledge and skills typically required. It does not constitute an employment agreement between the employer and the employee, and it is subject to change as the needs of the employer and the requirements of the job change.
Ventures is an Equal Opportunity Employer. Applications are considered without regard to race, age, sex, color, creed, religion, disability, national origin, marital status, mental or physical handicap, sexual orientation (heterosexuality, homosexuality, bisexuality and gender expression of identity) or any other classification protected by law.
