We are the Minority Freedom Community Fund (“MFCF”). We help people, businesses, and nonprofits realize their true potential so that together, we can improve the lived experiences of our fellow brothers and sisters.
Our Mission: To improve the lives of African Americans and minorities in the United States of America through a multifaceted approach that includes providing capital infusions, supporting existing social infrastructure, and promoting holistic wellness.
We are a rapidly growing, virtual operating, national nonprofit led by members of the communities we aim to serve. Our volunteers are authentic, passionate people, dedicated to the mission of creating a country where minorities can live more full lives. As a company we value teamwork, open communication, transparency, and a great work ethic. We support our team by promoting flexibility and encouraging life-long learning and professional development opportunities. We are intrinsically motivated by remaining true to our organizational values, setting and exceeding audacious goals, and staying energetic about our programs and partnerships.
What We’re Looking For:
As a MFCF’s first Community Finance Manager, you are able to embrace a “learn-by-doing” attitude and work to shape and define the role in accordance with the needs of the community and organization’s mission. The Finance Director directs and manages all financial systems of MFCF. The Community Finance Manager exercises professional leadership in the financial management of the agency and its constituency; develops and administers budgeting and accounting policies, procedures and systems, manages financial software systems, and contributes to the organization’s strategic goals. This position works closely with the Finance Committee chair to ensure organizational regulatory compliance & best practices are achieved.
Duties & Responsibilities
- Oversee all aspects of the organization’s financial management including accounting functions, cash flow and investment management, banking relationships, financial reporting, and the annual audit process.
- Setup & maintain MFCF’s accounting systems; Oversees and monitors the integrity of the general ledger and management systems to accurately report financial activity.
- In partnership with the Executive Director and COO, develops and monitors annual budgets. Effectively communicates budget process with department management. Leads MFCF’s Finance Committee in annual budget development & monitoring activities
- Develop and provide oversight of all financial procedures, controls and systems in collaboration with Finance Committee Chair.
- Direct all fiscal grants and contracts management activities, as well as fiscal reports and monitoring.
- Prepare monthly fundraising /fund accounting reports
- Manage vendor relations including billing discrepancies, new vendor setup, and development & implementation of mission-aligned procurement policies.
- Ensures all resources are optimally leveraged to most effectively support the organization’s mission.
- Maintain and file mandatory state and federal tax filings including necessary permits and 990s.
- Participate in management team, staff and planning meetings.
- Lead operational process systems workgroup to help guide implementation.
- Prepares monthly financial reports including income statement, balance sheet, cash flow analysis, and financial projections for the President and Executive Director, Finance Committee and Board of Directors.
- Other duties as necessary to support MFCF’s regulatory compliance & mission
- Serve as a pro bono resource to community members and partners seeking technical assistance with financial matters
- Facilitate MFCF & partner - sponsored workshops and events to enhance the financial acumen of African Americans and minorities in the U.S.
- Develop guides and/or materials to disseminate among the public
Required Qualifications, Experiences Skills:
- Professional financial statement preparation experience, fund accounting skills and software
- Bachelor’s degree in accounting or finance with relevant course work in business management; or equivalent experience.
- Minimum of 6 months of previous experience working in a finance department within the nonprofit sector preferred
- Self-directed with proactive problem-solving skills
- Supervisory or fund development experience preferred but not required.
- Tech-savvy and proficient computer skills: MS Office required, Zoom, smart-phone access required (iOS or Android)
- Ability to efficiently multi-task and generate ideas and programs in a fast-paced, remote environment.
- Ability to learn by doing and step outside of your assigned role to support other areas, most often acquired through experience working at/with a startup organization
- Coachable and flexible with a desire to be challenged
- Results-oriented and goal driven
- Personal alignment to the MFCF mission
- Keen understanding & awareness of the socio-economic conditions of minorities in the U.S.
- Must be a U.S. Citizen