3269 Mission St
Mission Asset Fund (MAF) is a groundbreaking non-profit on a mission to create a fair financial marketplace for hardworking families. MAF is a nationwide leader in developing innovative and successful asset-building strategies. Our award-winning social loan models build pathways out of the financial shadows for low-income individuals across the U.S.
Located in a vibrant and culturally diverse neighborhood in San Francisco, MAF attracts bright and talented staff members who are driven to create sustainable, scalable social change. As a nonprofit and tech startup, we attract people who like to jump in with both feet and who aren’t afraid of learning how to do better. With an open office environment, collaboration and teamwork are more than just a value - it’s a way of life. Hailing from many different cultural and professional backgrounds, we are drawn together by a passion for embracing technology and creativity to make the world a better place for hardworking families.
In an exciting period of growth, MAF is in the early stages of scaling financial programs throughout the nation. Reporting to the COO, the Finance Manager (FM) will support the implementation of the infrastructure/systems needed to support substantial growth over the next five to 10 years. As the FM, you will ensure a smooth operation of the day-to-day financial procedures, making it possible for clients to be served effectively; for staff members to function efficiently; and for MAF to comply with government and donor requirements. The successful candidate will be a hands-on and participative manager that will support the development of the organization’s financial management, budget management, financial reporting, cost benefit analysis, and forecasting needs. The FM will help to build and manage effective and streamlined financial systems, including financial, accounting, legal, and physical infrastructure. Working within a highly collaborative environment, the FM will work closely with and communicate effectively with programs, operations, strategy, development, technology and other teams. This is the perfect experience for someone interested in deepening their financial and accounting expertise in a tech-forward environment, while supporting an organization with a strong social justice mission.
- Develop budgets and funding contracts, ensuring compliance with funding source requirements.
- Coordinate, write, and review financial and programmatic reports for grants and programs in conjunction with program staff.
- Monitor all financial systems to ensure compliance with regulations and internal controls.
- Work with COO to coordinate audit schedules and ensure adequate supporting documentation exists for audit purposes.
- Monitor accounts payable, ensuring timely payments to consultants and vendors.
- Maintain complete, accurate, and timely financial records in compliance with MAF’s policies and procedures. Oversee that all revenue and expense transactions are entered and processed accurately and promptly iN MAF's accounting software(FinancialForce), including all journal entries.
- Assist with the development of annual and program budgets, and Assist the COO in the oversight of the day-to-day financial management, operations and loan servicing activities.
- Perform monthly and quarterly close activities for revenue, validate and reconcile all revenue related accounts, analyze data, and prepare reports, including preparation of auditable revenue and deferred revenue account reconciliation; and monitor all pledge agreements and contracts.
- Prepare month-end financial reports for CEO/COO approval. Prepare financial information and other reports for Board of Directors meetings.
- Forecasts, monitors, and tracks cash flow (weekly, monthly, quarterly, etc.) and prepares cash flow reports.
- Perform monthly account reconciliations, including bank accounts, donor receipts, and month-end close of the books and records.
- responsible for making sure that budget is promptly updated in FinancialForce.
- Oversee coordination and updates of the fixed asset ledger and related general ledger accounts.
- Oversee and assist with loan servicing and financial tasks in our cloud-based platform
- Assist the COO in revising financial policies and procedures
- Participate in conversations about MAF’s new cloud-based financial system software providers
- Review payment requests, including proper back-up documentation to ensure compliance with MAF’s policies and procedures.
- Work with Program department to host monthly Loan Portfolio Review Meeting and process returned payments, withdrawals/charge-offs, account changes, reimbursements
- Verifies coding and reviews invoices and approved requests for payment for accuracy and completeness.
- Manage Finance Team (Staff Accountant and Loan Servicing Manager)
- Ensure team is meeting objectives and deadlines in loan servicing and accounting
- Provide analysis to support improved efficiency and cost effectiveness.
- Provide ad hoc operational support to the CEO/COO, as needed.
- Perform other tasks as assigned.
Desired Skills and Experience
- Bachelor’s degree in accounting, business administration or closely related field, or equivalent knowledge
- A minimum of 4 years working in nonprofit accounting, including experience with general ledger double-entry accounting requirements, basic internal financial controls, and GAAP and managing external nonprofit financial audits
- Proficiency with Excel, Salesforce CRM, and FinancialForce application, or aspiration to quickly master these tools
- Affinity for working with new technologies and helping develop new systems and procedures
- Experience in supervising or mentoring
- Strong communication skills (written and verbal) and the ability to collaborate with MAF’s diverse array of stakeholders
- Ability to handle sensitive information in confidential manner
- A keen understanding and appreciation for the cultural and social dynamics of San Francisco Bay Area communities.
Compensation: This is a full-time and exempt position with a competitive salary and generous benefits package.
Equal Opportunity Employment: Mission Asset Fund is an equal opportunity employer; people of color and individuals from diverse backgrounds are encouraged to apply. Mission Asset Fund does not discriminate on the basis of race, color, national origin, ethnic background, religion, sex, sexual orientation, age, or disability.
San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Deadline: Applications are processed on a rolling basis. The position will remain open until filled.
No phone calls.
Recruiters, please don't contact this job poster.
Do NOT contact us with unsolicited services or offers.
- Salary will be dependent on experience.
- We believe in work-life balance, and are committed to keeping the workload in alignment with this value.
- We provide 20 days of Paid Time Off (160 hours)/year accrued for the first two years of full-time employment, 13 paid holidays, and a flexible, family-friendly schedule.
- We provide generous medical (HMO and PPO options), dental, vision, disability, life, flexible spending account, and AD&D insurance.
- We care about your financial future. We provide a matching 401K plan that is immediately vested. We will match up to 4% of your compensation/year.
- Commuter benefits & flexible savings accounts: pre-tax benefit accounts used to pay for expenses like healthcare or commuter expenses like parking, vanpool, public transit—including train, subway, bus, and ferry.
Minimum Education Required