Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs. Its mission is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building technical assistance to low- and moderate-income entrepreneurs. Wacif is a nonprofit community development financial institution (CDFI), and over the past seven years has closed nearly 130 loans totaling $8 million, assisted over 2,000 entrepreneurs with small business coaching and technical assistance, resulting in over 300 local jobs created or retained.
About the Job:
The Washington Area Community Investment Fund (Wacif) seeks to fill the full-time position of Finance & Operations Analyst, which will be responsible for assuring that Wacif has the administrative support necessary to create high impact with its clients and stakeholders. As part of the growing finance team, the Finance & Operations Analyst will be an analytical, detail-oriented, and proactive team player who will seek to execute their role at the highest level of quality while continually seeking to improve Wacif’s support function to the senior management team and board of directors.
Finance & Operations Analyst reports to Director of Finance and Administration.
Tasks and Responsibilities:
Accounting/Finance (80 percent) – Manage A/P and A/R function to ensure a healthy cash position. Managing petty cash and processing bank transactions in a timely manner. Maintain QuickBooks financial system by generating invoices, entering client repayments, preparing and entering bank deposits, project and organizational budgets, and other entries. Process Impact Capital Fund investor documents. Distribute to senior management required monthly financial information. Issue IRS required filings such as Forms 1099-INT/MISC, and others. Develop financial reports for state, local, and federal government-funded contracts. Produce monthly risk management, compliance, and other reporting analytics. Fulfill other compliance-related tasks with local and Federal government agencies and investors, as required.
Operations (10 percent) – Work actively with outsourced vendors and service providers to ensure that Wacif’s IT, human resources, facility management, and office management needs are met. Work with support services to ensure troubleshooting of Wacif’s IT systems is carried out effectively. Coordinate procurement of office and program supplies. Coordinate human resource activities including onboarding of new employees, timekeeping in Replicon, payroll, assist senior management with personnel issues, maintaining employee files and provide general administrative support to various activities, when required. Office management activities including supplies management, recordkeeping, and general office upkeep.
Board Administration (5 percent) – Compile board reporting for Wacif board meetings. Liaise with Executive Director and Board Chair on board meeting planning and logistics. Coordinate logistics for Wacif board meetings, including location, food, printing, technology needs, etc. Draft board resolutions and distribute board-related information.
Other Duties as Assigned (5 percent) – Support the Executive Director, Director of Finance and Administration and executive team on various projects and assignments.
Bachelor’s degree from an accredited institution required (business or related degree preferred).
Ideally two to three years of experience in finance/operations roles.
Proven track record of developing and implementing operational improvements.
Ability to manage multiple competing demands simultaneously with precision and attention to detail while continually finding ways to improve processes to produce higher results.
Proven track record of managing change within periods of growth.
Detail–oriented individual who enjoys problem solving.
Fluency in MS Office suite (Excel, Word, PowerPoint, Access) required.
Experience with QuickBooks, Intaact, Bill.com, Abacus, Replicon, ADP Payroll, or similar systems desirable.
Occasional evening and weekend hours required.
How to Apply:
Interested candidates should email a resume/CV, cover letter, as well as providing salary requirements to firstname.lastname@example.org with "Finance & Operations Analyst" in the subject line.