City First Enterprises (CFE)
Director of Finance
City First Enterprises (CFE), Washington, District of Columbia, us, 20022
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Director of Finance
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City First Enterprises (CFE)
Considering making an application for this job Check all the details in this job description, and then click on Apply. 1 day ago Be among the first 25 applicants Join to apply for the
Director of Finance
role at
City First Enterprises (CFE) Direct message the job poster from City First Enterprises (CFE) City First Enterprises (CFE) is a non-profit financial institution specializing in flexible lending for affordable housing, commercial real estate, small businesses, non-profits, and clean energy projects. With a mission to create equitable financial solutions to support people and communities in achieving their economic aspirations, we envision a future where all individuals and communities thrive through equitable access to capital. CFE is a Community Development Financial Institution (CDFI), a designation given by the United States Treasury to organizations expanding economic opportunity in low-income communities by providing access to financial products and services for residents and businesses. Headquartered in Washington, DC, CFE primarily serves under-resourced communities across the Metro DC region, tailoring financial solutions to meet local needs. To learn more about our organization, please visit our site atCity First Enterprises. THE POSITION The Director of Finance has a senior supervisory role within CFE’s leadership team, responsible for overseeing all accounting and financial operations. Reporting directly to the CEO, this position manages the day-to-day functions of budget development, payroll, accounts payable, grant billing, transaction processing, month-end and year-end closings, financial reporting (including presentations to the Finance & Audit Committee and Board), cash flow planning and analysis, and coordination of the annual audit. This role directly supervises two staff members within accounting and finance operations and will manage any consultants engaged in projects for the department. The Director will maintain a robust system of financial controls and budgeting processes to mitigate risk, ensure the accuracy of financial reporting, and uphold compliance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). This position is based in our Washington, DC, headquarters and requires a minimum of two days per week in the office. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES Maintains all systems of accounts and records.Develops and implements accounting policies, coordinates systems and procedures, and prepares financial analyses and reports. As an integral part of the management team, establishes, coordinates and/or administers a plan for the control of operations, including programs for capital investing and financing, forecasting and budgeting. In conjunction with the CEO, monitors activity against the budget and adjusts the forecast accordingly. Oversees annual audit, tax return reporting, and assists with the oversight of all other compliance requirements of the organization. Provides other members of the leadership team with the financial information required to carry out their duties and responsibilities. Ensures the protection of assets through internal control and proper insurance coverage. Manages the organization's cash flow in conjunction with the CEO through timely cash flow forecasting that evolves as necessary as events occur. Reviews and approves all financial transactions prior to execution. Establishes strong relationships with funders and lenders. Manages banking and investment relationships. Ensures accurate and timely financial reporting to the CEO and the Audit and Finance Committee on a monthly basis. Prepares financial metrics/graphs/dashboards for the CEO, the Board of Directors, and investors. Serves as a resource to the CEO on all matters related to the overall organization's objectives. Accounting Ensure accurate and timely preparation of monthly financial statements. Provide leadership and direction to the accounting team to maintain accurate and efficient operations. In conjunction with the COO, track the life cycle of loans; review and monitor loan activity. Requirements Education and/or Experience Bachelor's degree in accounting/finance, CPA At least 10 years’ experience in a financial role, with at least 3 of those years being in a management position Experience with multi-programming/fund accounting Familiarity with federal grant reporting requirements and the Uniform Guidance single audit Preferred: Experience working with a Board of Directors in a non-profit financial role Experience working with multiple entities, affiliates, and CDFIs is a plus Experience working in/with a bank Experience with Sage Intacct COMPENSATION The annual salary range is $130,000 - $160,000 and is commensurate with experience. CFE offers a generous benefits package that includes employee-sponsored health and dental, life insurance, a health savings account with annual employer contributions, a retirement plan with employer matching, and a generous paid time off program. WORKING AT CFE CFE offers a unique, start-up-like work environment that is open, innovative, and collaborative. We are committed to serving the communities we work and live in by leveraging financial tools, creativity, and technology. CFE is the right fit for intellectually ambitious individuals willing to work hard and always hold themselves accountable to a high bar of performance. The City First family of organizations is dedicated to promoting diversity, multiculturalism, and inclusion in our work and hiring practices. City First Enterprises entirely focuses on equality and economic inclusion and believes that diversity in opinion and background only helps further that mission. TIMING Selected candidates will be contacted for an initial phone screen on a rolling basis. TO APPLY Please apply through the link on our website portal and send us your resume and cover letter. Questions may be directed to jobs@cfenterprises.org. Please do not make phone calls. CFE IS AN EQUAL OPPORTUNITY EMPLOYER We provide equal employment opportunities to all people regardless of ethnicity, age, religion (and lack thereof), disability that can reasonably be accommodated, marital status (including domestic partner status), ancestry, nationality, national origin, family status, sex (including pregnancy, childbirth, and related medical conditions), other medical condition (physical or mental), AIDS/HIV status, genetic information, sexual identity, gender identification (including transgender status), sexual orientation, and veteran status. Salary Description The annual salary range is $130,000-$160,000. Seniority level
Seniority levelDirector Employment type
Employment typeFull-time Job function
Job functionFinance and Sales Referrals increase your chances of interviewing at City First Enterprises (CFE) by 2x Get notified about new Financial Director jobs in
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Director of Finance
role at
City First Enterprises (CFE)
Considering making an application for this job Check all the details in this job description, and then click on Apply. 1 day ago Be among the first 25 applicants Join to apply for the
Director of Finance
role at
City First Enterprises (CFE) Direct message the job poster from City First Enterprises (CFE) City First Enterprises (CFE) is a non-profit financial institution specializing in flexible lending for affordable housing, commercial real estate, small businesses, non-profits, and clean energy projects. With a mission to create equitable financial solutions to support people and communities in achieving their economic aspirations, we envision a future where all individuals and communities thrive through equitable access to capital. CFE is a Community Development Financial Institution (CDFI), a designation given by the United States Treasury to organizations expanding economic opportunity in low-income communities by providing access to financial products and services for residents and businesses. Headquartered in Washington, DC, CFE primarily serves under-resourced communities across the Metro DC region, tailoring financial solutions to meet local needs. To learn more about our organization, please visit our site atCity First Enterprises. THE POSITION The Director of Finance has a senior supervisory role within CFE’s leadership team, responsible for overseeing all accounting and financial operations. Reporting directly to the CEO, this position manages the day-to-day functions of budget development, payroll, accounts payable, grant billing, transaction processing, month-end and year-end closings, financial reporting (including presentations to the Finance & Audit Committee and Board), cash flow planning and analysis, and coordination of the annual audit. This role directly supervises two staff members within accounting and finance operations and will manage any consultants engaged in projects for the department. The Director will maintain a robust system of financial controls and budgeting processes to mitigate risk, ensure the accuracy of financial reporting, and uphold compliance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). This position is based in our Washington, DC, headquarters and requires a minimum of two days per week in the office. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES Maintains all systems of accounts and records.Develops and implements accounting policies, coordinates systems and procedures, and prepares financial analyses and reports. As an integral part of the management team, establishes, coordinates and/or administers a plan for the control of operations, including programs for capital investing and financing, forecasting and budgeting. In conjunction with the CEO, monitors activity against the budget and adjusts the forecast accordingly. Oversees annual audit, tax return reporting, and assists with the oversight of all other compliance requirements of the organization. Provides other members of the leadership team with the financial information required to carry out their duties and responsibilities. Ensures the protection of assets through internal control and proper insurance coverage. Manages the organization's cash flow in conjunction with the CEO through timely cash flow forecasting that evolves as necessary as events occur. Reviews and approves all financial transactions prior to execution. Establishes strong relationships with funders and lenders. Manages banking and investment relationships. Ensures accurate and timely financial reporting to the CEO and the Audit and Finance Committee on a monthly basis. Prepares financial metrics/graphs/dashboards for the CEO, the Board of Directors, and investors. Serves as a resource to the CEO on all matters related to the overall organization's objectives. Accounting Ensure accurate and timely preparation of monthly financial statements. Provide leadership and direction to the accounting team to maintain accurate and efficient operations. In conjunction with the COO, track the life cycle of loans; review and monitor loan activity. Requirements Education and/or Experience Bachelor's degree in accounting/finance, CPA At least 10 years’ experience in a financial role, with at least 3 of those years being in a management position Experience with multi-programming/fund accounting Familiarity with federal grant reporting requirements and the Uniform Guidance single audit Preferred: Experience working with a Board of Directors in a non-profit financial role Experience working with multiple entities, affiliates, and CDFIs is a plus Experience working in/with a bank Experience with Sage Intacct COMPENSATION The annual salary range is $130,000 - $160,000 and is commensurate with experience. CFE offers a generous benefits package that includes employee-sponsored health and dental, life insurance, a health savings account with annual employer contributions, a retirement plan with employer matching, and a generous paid time off program. WORKING AT CFE CFE offers a unique, start-up-like work environment that is open, innovative, and collaborative. We are committed to serving the communities we work and live in by leveraging financial tools, creativity, and technology. CFE is the right fit for intellectually ambitious individuals willing to work hard and always hold themselves accountable to a high bar of performance. The City First family of organizations is dedicated to promoting diversity, multiculturalism, and inclusion in our work and hiring practices. City First Enterprises entirely focuses on equality and economic inclusion and believes that diversity in opinion and background only helps further that mission. TIMING Selected candidates will be contacted for an initial phone screen on a rolling basis. TO APPLY Please apply through the link on our website portal and send us your resume and cover letter. Questions may be directed to jobs@cfenterprises.org. Please do not make phone calls. CFE IS AN EQUAL OPPORTUNITY EMPLOYER We provide equal employment opportunities to all people regardless of ethnicity, age, religion (and lack thereof), disability that can reasonably be accommodated, marital status (including domestic partner status), ancestry, nationality, national origin, family status, sex (including pregnancy, childbirth, and related medical conditions), other medical condition (physical or mental), AIDS/HIV status, genetic information, sexual identity, gender identification (including transgender status), sexual orientation, and veteran status. Salary Description The annual salary range is $130,000-$160,000. Seniority level
Seniority levelDirector Employment type
Employment typeFull-time Job function
Job functionFinance and Sales Referrals increase your chances of interviewing at City First Enterprises (CFE) by 2x Get notified about new Financial Director jobs in
Washington, DC . Bethesda, MD $180,000.00-$210,000.00 1 week ago Washington, DC $190,000.00-$230,000.00 1 week ago Washington, DC $225,000.00-$275,000.00 1 month ago Washington DC-Baltimore Area $150,000.00-$195,000.00 5 months ago Bowie, MD $250,000.00-$300,000.00 1 month ago Herndon, VA $130,000.00-$160,000.00 2 weeks ago College Park, MD $150,000.00-$170,000.00 11 hours ago Washington, DC $140,000.00-$180,000.00 3 weeks ago Alexandria, VA $170,000.00-$180,000.00 8 hours ago Washington DC-Baltimore Area $125,000.00-$150,000.00 2 weeks ago Washington, DC $130,000.00-$150,000.00 1 week ago Bethesda, MD $130,000.00-$160,000.00 4 days ago Bethesda, MD $130,000.00-$160,000.00 1 month ago Finance Effectiveness - Managing Director Washington, DC $150,000.00-$180,000.00 4 weeks ago Managing Director, Finance and Administration District of Columbia, United States $185,000.00-$195,000.00 1 week ago Washington, DC $340,000.00-$380,000.00 1 week ago Washington, DC $85,000.00-$120,000.00 1 month ago Washington, DC $150,000.00-$200,000.00 17 hours ago Director, CFO Services (OPEN TO ALL US LOCATIONS) Washington, DC $150,000.00-$225,000.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr