Chief Financial Officer
Company: Pacific Community Ventures
Posted on: June 19, 2022
Position type: Full Time
Location: Oakland, CA (largely remote during pandemic)
Reports to: CEO
Salary: $140-$170K, commensurate with experience and location, with
Are you passionate about building a more equitable society? If so,
please join Pacific Community Ventures, a mission-driven nonprofit
organization invested in addressing racial and gender wealth gaps,
through small business owners as local changemakers in our
communities. We are seeking a CFO, an Officer-level position to
lead our Finance & Operations team, and be a key thought partner to
the CEO and leadership team. PCV is one of the U.S.'s first impact
investing funds; and over the past several years, we have become a
leading statewide community development financial institution
(CDFI) in California; while scaling a nationwide mentorship
platform for under-estimated small business owners. Our audiences
and clients include small business owners across the United States,
volunteer business experts; leading foundations and impact
investors; other CDFIs; and policymakers at the state and local
Who We Are
PCV is a 24-year-old nonprofit CDFI that supports small business
entrepreneurs and their communities in the fight for economic,
racial, and gender justice. We work side-by-side with small
business leaders through our unique integrated model: combining
impact-first Restorative Capital and Pro Bono Business Advising
with our Good Jobs Innovation Lab that propels thriving communities
with equitable jobs, and uplifts and amplifies their voices and
needs through research and policy advocacy.
Why You're Needed
We're a dynamic nonprofit community development financial
institution (CDFI) with a growing Loan Fund that supports more and
more small business entrepreneurs with patient capital and pro bono
mentoring, helping create good jobs in low-and-moderate income
communities to address racial wealth gaps. With our expansion, we
are adding loan products, blended capital with small grants, and
streamlining our processes and procedures to reach entrepreneurs
and assess impact more efficiently. Over the past several years,
PCV has worked with an outsourced CFO and Accounting company, and
as we grow, we are looking to bring these essential roles in-house.
You will be a dedicated leader with strong managerial, analytical,
and interpersonal skills who is passionate about investing in
under-estimated communities, and bringing your lived experience to
advance our mission.
This position will report to the CEO. This is a wonderful
opportunity for an experienced leader who wants to apply your
expertise in the fields of small business lending and community
The CFO has oversight of the following functional areas: 1)
nonprofit accounting; 2) financial management, including financial
controls, budgeting, financial planning and analysis; 3) debt,
cash, and portfolio management; and 4) HR & Operations (IT, office,
The CFO is responsible for evaluating and executing PCV's financial
strategy, working in close collaboration with the Chief Executive
Officer (CEO), the Finance and HR team, and the leadership of our
Lending, Business Advising, and Lab program teams. The CFO is a
member of the Executive Leadership Team and participates in
strategic and organizational planning, as well as quarterly Board
representation. The CFO will work closely with the Finance,
Lending, and Audit Committees of the Board of Directors. S/he/they
will have confidence managing multiple projects and deadlines and
strong communication skills.
Serve as thought partner to CEO and leadership team in aligning
PCV's strategy, growth, and mission focus, with readiness to scale,
systems, and financials.
Oversee the audit process, tax function, and general nonprofit
accounting operations, including maintaining and establishing (as
needed) policies, procedures, and internal controls.
Manage monthly financial statements and financial management
reporting, including analysis of operating results, key performance
indicators, and financial forecasting. Improve PCV's monthly and
quarterly close cycles to be more streamlined.
Manage the annual operating budget process and develop with the
Associate/Director of Finance an annual budget and multi-year
financial projection plan in close coordination with Program
Directors, and CEO.
Review and recommend technology platforms across PCV, particularly
for accounting, financial management, grants, and ensure
integration between Finance and Lending, Business Advising, as part
of PCV's integrated technology strategy, in close collaboration
with the Associate/Director of Finance
Oversee treasury management, including bank administration,
managing operating and loan fund cash, investment accounts;
optimize debt and grant capital with leadership team.
Work with CEO and program teams to build and improve financial and
program dashboards for improved management, and Board quarterly
Represent PCV with key investors, funders, and externally as
appropriate, including to industry organizations
Oversee debt management, including asset-liability matching,
interest rate risk, and negotiating and managing financial
Oversee support to Lending team, help to improve portfolio
management, loan servicing, portfolio risk assessment, and
calculation of allowance for loan loss.Qualifications, Skills &
We strive hard to be a diverse and inclusive place to work. We
value new perspectives, original ideas, and different ways of
working. You will bring a background of working with dynamic teams
and projects, as well as excellent analytical and communications
skills that you are eager to apply to complex social problems. You
should demonstrate a deep commitment to creating social and
environmental benefit, under-invested people and places.
10+ years of work experience in nonprofit accounting, GAAP,
financial management, or investment banking required. 7+ years in a
supervisory or managerial capacity required.
Experience with nonprofit finance and in the Community Development
Financial Institution (CDFI) industry highly preferred.
Experience and proficiency with financial technologies -
particularly in small business lending, accounting (QuickBooks
online), business intelligence, highly preferred.
Deep belief for PCV's mission of investing in under-estimated
people and places
Comfort with a fast-paced working environment with multiple
competing deadlines, particularly through a pandemic and economic
Experience with lending, entrepreneurship, microfinance, social
enterprise, program development and evaluation, and/or small
business a plus.
Strong writing, financial, and analytical experience required.
Strong oral presentation, communication, and negotiating skills
Experience in corporate finance including asset-liability
management, cash flow management, interest rate management, asset
and enterprise valuation, investment, and budgeting required.
Experience in raising capital from institutional investors,
foundations, and financial institutions.
Demonstrated experience in creating and assessing financial models,
financial statements, budget documents, and financial forecasting
for CEO and Board.
Strong interpersonal skills and a high degree of self-awareness
with a flexible growth mindset will support a strong culture
Acknowledgment of privilege, positional power, and commitment to
creating brave courageous conversations that uplift PCV's culture
This position will be based at our headquarters in Oakland
long-term. However, during the COVID-19 pandemic this role will be
mostly remote, with weekly/biweekly office check-ins for leadership
coordination, and to support team operations. The role may involve
occasional travel to other locations in California and around the
United States in the future.
As an organization committed to creating good jobs, we walk the
talk. We provide excellent benefits for full-time employees,
including bonuses, full health, dental, and vision insurance,
retirement savings accounts with a generous match which is fully
vested immediately, ample paid time off and holidays, as well as
meaningful professional development opportunities.
Interested candidates must be legally authorized to work in the
United States. They should send a r--sum-- and cover letter via
e-mail to with the words "CFO" in the subject line, by
July 15th. Start at earliest convenience. No phone calls, please.
PCV is an equal opportunity employer. Applicants are considered for
all roles without regard to race, color, religious creed, sex,
national origin, citizenship status, age, physical or mental
disability, sexual orientation, marital, parental, veteran or
military status, unfavorable military discharge, or any other
status protected by applicable federal, state or local law. We live
our values of openness, transparency, coming from a place of yes,
collaboration, and more; and believe that justice, equity,
diversity, and inclusion are fundamental to our success. We are
especially interested in candidates who have direct and lived
experience with the communities we serve. PI181993754
Keywords: Pacific Community Ventures, Oakland , Chief Financial Officer, Accounting, Auditing , Oakland, California
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