Position: Financial Reporting & Compliance Manager Department: Finance Reports To: Director of Finance Date Posted: 08/09/2019 Location: This is a state-wide position.
Colorado Enterprise Fund (CEF) is an award-winning nonprofit community development financing institution founded in 1976. We spur entrepreneurship and economic vitality in Colorado communities by providing loans and business advisory services for locally owned businesses. We make loans from $1,000 to $500,000 to businesses that do not qualify for traditional financing, helping them participate in the economic mainstream and fulfill their dreams of business ownership. We specifically target Spanish speaking entrepreneurs throughout Colorado.
CEF offers competitive compensation, generous paid time-off, a full range of benefit options and paid downtown parking. For more information, please visit our website at www.coloradoenterprisefund.org.
The Compliance Manager is responsible for planning, implementing, monitoring, and verifying CEF’s financial reporting and compliance with regulatory, governmental, investor, and charitable foundation requirements. This function is also responsible for identifying and tracking allocations of loans to specific programs to ensure that use of funds provided are utilized per investor and grantor requirements.
The Compliance Manager ensures that CEF’s policies, practices, reporting, and culture meet or exceed expectations set by CEF leadership, our funders, and government regulators. This person will work with internal and external stakeholders to define best practices that align appropriate oversight and division of labor with optimal efficiency for our employees.
The Financial Reporting and Compliance Manager will develop, document, and implement a comprehensive compliance reporting and tracking program to provide assurance that regulatory, governmental, investor and contractual requirements are performed in a complete, accurate, and timely manner. Agencies and programs include but are not limited to: financial institutions, investors, grantees, Department of Treasury, Community Development Financial Institutions Fund, and the Small Business Administration.
Periodically provide reports and recommendations to CEF’s senior leadership.
Coordinate with appropriate staff to maintain an accurate compliance reporting calendar to ensure key dates and information is provided on time.
Communicate the status of compliance and activities as necessary.
Review and address all issues or questions related to financial reporting and compliance and coordinate with operations in risk management and report findings and recommendations to CEO, Director of Finance, and other appropriate staff.
Demonstrated proficiency in Microsoft Word, Adobe Acrobat and client relationship management tools (CRM)
Advanced proficiency with Microsoft Excel
Entrepreneurial self-starter with excellent time management and organizational skills
Well-developed written and oral communication skills including phone presence
Strong understanding of grant reporting process for private and government funders, including federal government programs
Ability to translate operational processes into financial metrics and reporting
Demonstrate a commitment to CEF’s mission, vision, & values
Ability to work with people from diverse backgrounds
Collaborative team-player committed to hearing out differing ideas and perspectives from colleagues
Knowledge of grant application and reporting processes
Experience working in a CDFI and/or with Small Business Administration programs or similar institutions
Knowledge of nonprofit reporting and auditing practices
Experience working with federal government loan and grant programs
Experience working with state and municipal funds and grants
Compensation: $60,000 - $70,000
Position is minimum 32 hours per week up to 40 hours per week, depending on demand.
Employees can set their own schedule to work five days per week between 7:00 am and 6:00 pm.
Starting annual salary is $60,000 – $70,000 for 40 hours per week.
Benefits include retirement plan with employer match, health, dental, and vision insurance
Physical demands of the job may include:
Remaining at a stationary work area for extended periods of time