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Pacific Community Ventures

Chief Financial Officer

Pacific Community Ventures, Oakland, California, United States, 94616


Are you a strategic and innovative financial leader passionate about building a more equitable society? If so, please join Pacific Community Ventures (PCV), a nonprofit community development investor that supports small business entrepreneurs and their communities to build economic mobility through the power of inclusive entrepreneurship and a good quality job. PCV is invested in addressing racial and gender wealth gaps and climate justice through small business owners as local changemakers in our communities. We are seeking a CFO to lead our Finance & Operations team and be a key thought partner to the CEO, leadership team, and Board during a period of significant growth. Why You’re Needed PCV is a dynamic impact-first 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. Since PCV’s founding in 1998, we have deployed over $100 million in capital across California; including $56 million in the years since becoming a small business lender. In 2023 alone, PCV disbursed $10 million to small businesses, with over 90% of capital and assistance going to low- and moderate-income communities, entrepreneurs of color, and women, all while ensuring the most affordable rates. Evidence of our meteoric growth can be seen as recently as November of 2024 when we received an unrestricted gift of $7 million from Yield Giving, the philanthropic organization established by Mackenzie Scott. Position Overview The CFO will report directly to the Chief Executive Officer (CEO) bringing proven team leadership, emotional maturity, nimbleness, an ability to learn quickly, and fresh ideas as you apply your expertise in small business lending, community development, or related fields. You will be a dedicated teammate with strong analytical, writing, and interpersonal skills who is passionate about investing in underserved communities. This is a wonderful opportunity for a financial maverick who wants to partner with a visionary CEO in creating lasting organizational and community change centering civil rights in impact investing and supporting BIPOC and other systematically excluded and underestimated small business owners. Position Description The CFO will play a pivotal role in ensuring the financial health and sustainability of PCV, leading financial planning, analysis, reporting, and strategy. This role requires strong experience in nonprofit and/or financial services sectors with deep understanding of and/or transferable skills related to the unique needs of a nontraditional nonprofit CDFI. The CFO will work closely with the executive team, Board of Directors, and three direct reports on the Finance & Operations team to advance the organization’s mission while overseeing all fiscal and fiduciary responsibilities. Essential Job Duties and Responsibilities Internal/Strategic Financial Planning: Serve as thought partner to CEO and leadership team in aligning PCV’s strategy, growth, and mission with readiness to scale through systems and financial planning. Build and manage a multi-year financial health model for PCV against our 4-year strategic plan and organizational KPIs to ensure financial sustainability and impact of mission. Partner with the CEO and executive team on strategic initiatives, including expansion into new markets, development of financial products, and partnerships. Audit: Oversee the audit process, RFPs, tax function, and general nonprofit accounting operations, including maintaining and establishing (as needed) policies, procedures, and internal controls. Controller: Provide financial guidance on funding opportunities, ensuring a balance of mission-driven projects and financial sustainability. Investor Diligence: Conduct financial analysis and modeling to support funding, lending, and investment decisions. IT: Review and recommend technology platforms across PCV - particularly for payroll/benefits, accounting, financial management, and grants. Supervisory Responsibilities This position has supervisory responsibilities over the Finance & Operations team. Education and Experience 10+ years of work experience in nonprofit accounting, GAAP, financial management, investment banking, impact investing, Fintech, and/or other transferable fields required. Strong writing, financial, and analytical experience with exceptional oral presentation, communication, and negotiating skills required. 7+ years in a supervisory or managerial capacity required. Knowledge, Skills, and Abilities Mission Alignment : Commitment to community development and financial inclusion. Analytical Thinking : Ability to analyze financial trends and identify potential risks and opportunities. Leadership : Proven ability to lead and develop a team and work collaboratively with senior leaders and external stakeholders. Adaptability : Comfortable working in a dynamic, mission-driven environment with changing priorities. To Apply PCV is partnering with

Walker & Associates Consulting

to facilitate this search. To apply, email a cover letter outlining your interest and relevant experience and skills along with your resume and a list of three references to

pcv@walkeraac.com

by Wednesday, January 22, 2025 at 5:00 pm PT. Use the subject line: CFO Application. Application review begins immediately and early applications are encouraged. PCV is an equal opportunity employer. We live our values of openness, transparency, collaboration, and believe that justice, equity, diversity, and inclusion are fundamental to our success.

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