The Well Community Development Corporation Looking for Finance Director at Akron, OH Full Time

Position: Work as part of The Well CDC’s administrative team to execute the vision of The Well CDC by leading and developing an internal team to support the following areas: finance, business planning, budgeting.

Full-Time Exempt, salary range based on experience and knowledge

Responsible to: Executive Director

Mission Statement: We invest in people through the built environment.

Main Objective: To develop and implement financial practices and policy that position The Well CDC at the forefront of non-profit real-estate development and maximize our resources to build equity throughout the Middlebury community. Work with the Leadership Team in strategic decision making and operations.

Job Description:

General

• Be an active participant in the general organizational leadership efforts of The Well CDC.
• Be a public and private advocate for The Well CDC.
• Be a hands-on manager that supports a team in the following areas: financial policy, finance, accounting, forecasting and cash flow, organizational structure, reporting, and administration.

Financial Management

• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donors; and oversee all financials, program, and grant accounting.
• Coordinate and lead the annual audit process; liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
• Oversee and lead the annual budgeting, financial planning, and quarterly re-forecasting process in conjunction with the Executive Director. Administer and review all financial plans and budgets; monitor progress and changes to keep the leadership team abreast of the organization’s financial status.
• Manage and execute organizational cash flow and forecasting.
• Implement a robust contracts management and fiscal management/reporting system; ensure that the contracts billing and collection schedule is followed, and that financial data/cash flow are steady and support operational requirements.
• Update and implement all necessary business policies and accounting practices.
• Effectively communicate and present critical financial matters to the Board of Directors.
• Create clear communication systems that help staff, board, and donors understand our earned revenue goals.

Real Estate Development – Planning and Forecasting

• Support the financial planning of all housing developments; create and maintain financial pro forma’s for future and current housing projects; communicate financial assumptions and expectations to lenders, funders, banks, CDFI’s, contractors and builders. Create benchmarks and financial goals for housing sustainability and growth.
• Develop and maintain relationships with community banking lenders in NEO.
• Develop best financial practices for scaling and evaluating housing projects, including standard debt to equity ratios, management fee expectations, staffing and scaling.
• Work with the Executive Director and the Housing Director to develop financial practices for allocating staff time to active projects.

Human Resources & Administration

• Establish and manage a comprehensive training program to educate The Well CDC staff on finance tools, policies, and procedures.

The Well CDC Leadership

• Work with the Executive Director and Leadership Team to grow all areas of The Well CDC programming: Restoring Housing, Creating Economy, and Supporting Place.
• Actively participate in the creation and execution of The Well CDC’s annual fundraising goals.
• Work with The Well CDC Leadership to create and execute the vision for The Well CDC.
• Be a community advocate for the mission and vision of The Well CDC by connecting with local leaders.
• Attend 3-4 board meetings a year to clearly communicate The Well CDC’s overall financial position.

Expectations

• 40 Hours per week
• Meet with the Executive Director on a bi-weekly rhythm.

Common Business Courtesy

• Return phone calls and emails within 24 hours
• Be on time for meetings, events, and programs
• Maintain a neat and organized workspace
• Adhere to related staff policy and procedures
• Be willing to attend and plan evening and weekend staff events, community events, and organization fund development opportunities.
• Assist with other The Well CDC staff or tenants when needed or asked.

Job Type: Full-time

Pay: $65,000.00 – $85,000.00 per year

Benefits:

• Dental insurance
• Flexible schedule
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Work Location: One location