Community Finance Manager
MINORITY FREEDOM COMMUNITY FUND
As a MFCF’s first Community Finance Manager, you are able to embrace a "learn-by-doing" attitude and work to shape and define the role in accordance with the needs of the community and organization’s mission. The Community Finance Manager directs and manages all financial systems of MFCF. The Finance Director exercises professional leadership in the financial management of the agency and its constituency; develops and administers budgeting and accounting policies, procedures and systems, manages financial software systems, and contributes to the organization’s strategic goals. This position works closely with the Community Finance Manager chair to ensure organizational regulatory compliance & best practices are achieved. This is an excellent opportunity for a recent college grad majoring in a finance-related field or seasoned finance professional seeking an opportunity to leverage their experience to support the BIPOC community.
Duties & Responsibilities
- Oversee all aspects of the organization’s financial management including accounting functions, cash flow and investment management, banking relationships, financial reporting, and the annual audit process.
- Setup & maintain MFCF’s accounting systems; Oversees and monitors the integrity of the general ledger and management systems to accurately report financial activity.
- In partnership with the Executive Director and COO, develops and monitors annual budgets. Effectively communicates budget process with department management. Leads MFCF’s Finance Committee in annual budget development & monitoring activities
- Develop and provide oversight of all financial procedures, controls and systems in collaboration with Finance Committee Chair.
- Direct all fiscal grants and contracts management activities, as well as fiscal reports and monitoring.
- Prepare monthly fundraising /fund accounting reports
- Manage vendor relations including billing discrepancies, new vendor setup, and development & implementation of mission-aligned procurement policies.
- Ensures all resources are optimally leveraged to most effectively support the organization’s mission.
- Maintain and file mandatory state and federal tax filings including necessary permits and 990s.
- Participate in management team, staff and planning meetings.
- Lead operational process systems workgroup to help guide implementation.
- Prepares monthly financial reports including income statement, balance sheet, cash flow analysis, and financial projections for the President and Executive Director, Finance Committee and Board of Directors.
- Serve as a pro bono resource to community members and partners seeking technical assistance with financial matters
- Facilitate MFCF & partner - sponsored workshops and events to enhance the financial acumen of African Americans and minorities in the U.S.
- Develop guides and/or materials to disseminate among the public
About MINORITY FREEDOM COMMUNITY FUND
21460 GLENMORRA ST, SOUTHFIELD, MI 48076, US
To improve the lives of minorities through economic support, social programs, and spiritual guidance.
The Minority Freedom Community Fund ('the Fund’) is a public charity organized to improve the lives of minorities through economic support, social programs, and holistic wellness. It was established by philanthropist TeQuion Brookins in 2019 to address severe unmet need among minorities in the United States. The goal of the fund is to elevate participatory grantmaking among those who are most often the targets but rarely the voices of traditional philanthropy. Addressing the economical, social, and spiritual well-being of minorities across the country is done through a variety of programs that are led by community members, civic leaders, other nonprofits, business owners, and government agencies alike. Our delivery method primarily entails serving as a fiduciary for programs and providing grants, interest-free loans, and technical assistance to individuals and businesses that align with our mission.
As a community fund, or goal is to ensure that the people we aim to serve have the loudest voices in our decision-making processes. To be eligible for consideration, applicant individuals & organizations must identify as a minority or provide services to minorities. Preference is given to those who have been turned away or are ineligible to apply for other forms of support due to financial, discriminatory, or other reasons.