REPORTS TO: Chief Financial Officer
DATE REVISED: April 2018
Mission Economic Development Agency (MEDA) – Rooted in the Mission and focused on San Francisco, MEDA’s mission is to strengthen low- and moderate-income Latino families by promoting economic equity and social justice through asset building and community development.
MEDA is advancing strategies to create asset building opportunities for San Francisco’s Latino families and in the Mission District through: (1) our core, integrated Asset Building Programs related to housing, financial capability, workforce development, business development and tax preparation; (2) serving as a backbone agency to advance educational achievement and family economic success through the Mission Promise Neighborhood 2-generation approach; (3) creating and preserving affordable housing and commercial real estate in the Mission District through Community Real Estate; (4) providing access to capital and innovative financial products through the Adelante Fund; and (5) Policy & Advocacy efforts that support our mission.
The role of the Contracts and Compliance Manager is to facilitate positive cash flow into the organization, specifically to:
- Demonstrate to funders and lenders that MEDA is a responsible, reliable, and effective organization for their investments in MEDA’s work.
- Partner with the Development (Fundraising) Department to provide budgets for grant proposals and reports once grants are received.
- Keep cash flowing consistently and smoothly.
- Demonstrate to funders, lenders, and government agencies that MEDA is a responsive and responsible organization for their investments.
- Take responsibility for recurring processes in the monthly accounting close as well as special projects as they arise.
The Contracts and Compliance Manager should have strong analytical skills, familiarity with accounting, and experience in the areas of budgeting, contract compliance, affordable housing finance, and government funding sources.
- Prepare budgets for grant applications and government contracts, paying particular attention to covering all direct and shared expenses, and making sure that salaries and other expenses are charged correctly to the appropriate contract.
- Provide documents required by funders and lenders: insurance certificates, signed contracts, bank information, required financial statements, etc.
- Prepare billings for government agencies, particularly the City and County of San Francisco and various federal agencies.
- Submit requests for budget revisions because of changes in staffing and other adjustments, making sure that MEDA receives the full dollar amount for each contract.
- Carefully allocate salary dollars to match contract budgets.
- Submit required reports to funders correctly and on time.
- Take responsibility for revenue accounting, including:
o Booking and “releasing” temporarily restricted revenue.
o Booking cash receipts directly to revenue or to accounts receivable.
- Take responsibility for accounting for affordable housing (Community Real Estate)
o Account for the details whenever MEDA acquires new properties.
o Account for rent revenue and all expenses associated with MEDA’s Small Sites.
- Perform other accounting tasks as the need arises. Different times of the year require different efforts. Tasks may include:
o Reconciliations and schedules for audits, both from funders such as the City and County of San Francisco and from MEDA’s CPA auditor.
o Program budgets during the annual budget preparation.
o Actual versus budget variance analysis.
o Other financial analysis as the need arises.
- Analytical ability; puzzle-solver; facility with quantitative reasoning.
- Agility in the use of Excel, familiarity with advanced functions.
- Training and experience in accounting.
- Spanish language a plus.
- Ability to collaborate effectively with a wide range of public and nonprofit partners.
- Attitude of customer service toward funders, lenders, and colleagues within MEDA.
- Ability to work independently.
- Eagerness to learn new tasks.
- Eagerness to learn about the workings of MEDA’s many programs and funding sources.
- Commitment to MEDA’s mission and programs.
- Bachelor’s degree required.
- Experience with affordable housing highly desirable.
Please click on the following link and complete the application form including your cover letter and resume. http://medasf.applicantstack.com/x/detail/a2lg3zalj9el