Finance Manager

Do you enjoy actively contributing to collaborative team initiatives, and have a strong desire to learn and grow your knowledge base? Are you detail-oriented, with the ability to examine and understand business needs and deliver comprehensive financial reports while exceeding stringent expectations? Do you want to be challenged with exceptional analytical skills and data management in a tech-forward organization with a social justice mission?

About MAF

MAF is a pioneering non-profit dedicated to supporting individuals to become visible, active and successful in their financial lives. We blend tech innovation with economic justice, creating groundbreaking programs for hardworking, and immigrant families. Our team is a vibrant mix of nonprofit and tech professionals, united by a passion for positive change.

Your Role

As Finance Manager, you'll be a key player in our financial operations, contributing directly to our mission's success. You'll manage core accounting and finance functions, support loan servicing activities, and drive system and process improvements. This role offers a unique opportunity to apply your financial expertise in a fast-paced, tech-forward environment.

Reports to: Finance & Compliance Director

Key Responsibilities

Accounting and Finance

• Perform financial management duties including generating financial data, compiling and submitting reports
• Lead the monthly, quarterly and yearly close activities
• Work with the Finance & Compliance Director to develop budgets and funding contracts, ensuring compliance with funding source requirements
• Prepare quarterly shared cost allocations to departments as per MAF policy and procedures
• Perform monthly account reconciliations, including bank accounts, donor receipts, and month-end close of the books and records
• Coordinate with the Finance & Compliance Director to prepare month-end financial reports for Leadership team; prepare financial information & other reports for Board of Directors, funders & others
• Monitor all financial systems to ensure compliance with regulations and internal controls
• Work with the Finance & Compliance Director 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
• Review and post payable invoices, sales invoices and all journal entries ensuring that all A/P, A/R, cash, revenue and expense transactions are entered and processed accurately and promptly in MAF's accounting software (Certinia)
• Assist with the development of annual, program and departmental budgets
• Leverage emerging technologies and critical thinking skills to continually innovate and automate existing methodologies, processes, and reporting
• Support with the development of financial policies and procedures
• Assist the Finance team with upgrades and testing of new and current software

Loan Servicing

• Support MAF’s Loan Servicing Manager in:
  • Overseeing the full loan processing cycle, from loan origination until closing, in our cloud-based platform -- including scheduling ACH transactions and recording payments received, disbursements processed, and checks issued
  • Create new cases (loan modification requests) and 2nd review of cases
  • Ensuring that MAF remains in compliance with the most current lending and credit reporting standards
  • Documenting, updating, and conducting trainings on policies and procedures
  • Reviewing daily loan transactions prior to sending them to the bank for ACH processing
  • Performing monthly bank reconciliation for our loan servicing bank accounts
  • Manage Positive Pay in our bank account, including uploading files and resolving exceptions
  • Preparing the monthly file to report participants to credit bureaus
  • Performing weekly audits of the loan and grant subledger data, to assess cleanliness and identify system issues contributing to error
  • Performing quarterly audits of client dispute data to ensure timely resolution and compliance with credit reporting requirements

Other Responsibilities

• Own the process improvements in A/P, A/R & loan servicing, and participate in the functional design and testing of any system enhancements
• Communicate with system service providers (e.g. Certinia) to identify and resolve system failures, and create data entry procedures for new use cases
• Provide analysis to support improved efficiency and cost effectiveness
• Maintain open and systematic communication with staff and partners
• Provide ad hoc operational support to the CEO/COO, as needed
• Lead special projects and perform other tasks as assigned by the Finance & Compliance Director
• Perform in-office duties for the Finance team such as receiving mail and depositing checks.

Desired Skills and Experience

• Bachelor’s degree in Accounting or Finance, or related field.
• 5+ years of nonprofit accounting experience.
• Experience managing external nonprofit financial audits including single audit requirements.
• Proficiency with Excel, Salesforce, and Certinia application, or competency to quickly master these tools.
• Affinity for working with new technologies and helping develop new systems and procedures.
• Solid judgment in handling sensitive information in a confidential manner.
• High detail orientation and ability to maintain near 100% accuracy.
• Proficient in data interpretation and analysis.
• Experience managing, maintaining, and reporting on data in complex financial technology systems.

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.