Finance Manager
Arcata Economic Development Corporation
Posted: May 18, 2022
About AEDC
For over 40 years, AEDC has fostered economic and community development in cooperation with regional partners to build and maintain healthy communities. AEDC is a 501c(3) Community Development Financial Institution (CDFI), certified by the US Treasury Department’s CDFI Fund. Headquartered in Humboldt County, our mission is to promote and foster economic development with underserved communities and among disadvantaged populations throughout Northern California. As a nonprofit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and nonprofit organization that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. AEDC also offers programs that support economic prosperity, building networks and convening stakeholders, and by facilitating public/private partnerships. As a CDFI, we are a private financial institution that is dedicated to supporting the economic stability of the Northern California communities with a deep commitment to racial equity and a just economy, including an ability to build relationships with Tribal Nations, businesses, and leadership organizations.
Position Summary
The Finance Manager is an integral member of a dynamic team developing the various financial opportunities in the region. The Manager works closely with the Executive Director and the other managers to increase funding sources, support financial planning for community projects, and maintain the integrity of loan information. The successful candidate has the ability to ensure confidence in the accuracy of financial data, effective cash management, timely governmental reporting, successful audits, and working with the team to promote AEDC in the region.
Key Responsibilities
Track the cash management for various loan programs
Submit reporting detail to funding partners
Prepare grant reporting information and submissions
Report financial information to committee and Board of Directors
Create financial budgets for the organization and for reporting to funders
Research and implement governmental regulations, policies and procedures
Work with the Executive Director and staff to analyze staffing requirements and develop job descriptions
Develop and maintain effective hiring, training, evaluation and compensation programs
Oversee facility operations and supervise Office Manager
Reconcile multiple bank reconciliations
Maintain general ledger accounts
Develop and maintain an effective electronic and paper filing system for financial and corporate records that complies with program and audit requirements
Review and record payroll including allocation of overhead expenses
Prepare documentation for auditor and implement auditor recommendations
Knowledge, skills, and Abilities
Analyze and interpret accounting data with necessary recommendations
Collaboration with Directors for effective program tracking
Support the Board Treasurer, the Finance Committee, and other committees as requested.
Establish and maintain relationships with a professional staff and a wide range of government officials
Understanding of nonprofit and fund accounting
Attention to detail and ability to maintain accurate data
Familiar with accounting and data management software programs
Required Experience and Education
College degree in Business Administration
Experience in cash tracking and management
Fund accounting for nonprofits
Proficiency in accounting software programs
Compensation and Application Information
Full-time
Compensation: $55,000 to $70,000, depending on experience.
Health benefits, retirement benefits, vacation accrual, paid holidays and personal time are also part of the compensation package.
Please submit a resume and letter of interest to deborah@aedc1.org. If you have questions call (707) 798-6132. The position will stay open until filled, but priority consideration will be given to those who apply by 5 p.m. on June 17, 2022.