Sr Associate, Grant Accountant

About Opportunity Finance Network (OFN)

Opportunity Finance Network (OFN) is the nation’s leading investment intermediary and network of Community Development Financial Institutions (CDFIs) serving rural, urban, and Native communities across the United States. With over $1 billion in total assets under management, OFN manages a national membership network of over 410 mission-driven lenders and CDFIs, including community development loan funds, credit unions, green banks, community development banks, minority depository institutions, and venture capital funds. OFN is a trusted investment partner to the public, private, and philanthropic sectors – foundations, corporations, banks, government agencies, and others. For more than 30 years, OFN has helped partners invest in communities to catalyze change and create economic opportunities for people and places traditional finance doesn’t reach. The organization aligns capital with social, economic, and political justice. OFN is dedicated to building a diverse, inclusive workplace and encourages applicants from all backgrounds to apply. More information about OFN’s impact, members, and mission can be found on their official website at www.ofn.org.

About this Role

Opportunity Finance Network (OFN) is expanding our accounting team and seeks a new Senior Associate. The Senior Associate, Grant Accountant will help ensure organizational accounting compliance with federal regulations and grant requirements, including but not limited to the Greenhouse Gas Reduction Fund (GGRF). The Senior Associate will lead the development of grant budgets, draws, and reporting. This role is critical in developing a culture of compliance throughout the organization. If you want to work for an organization that makes an impact, OFN might be the place for you. It is our mission to align capital with social, economic, and political justice. People who work at OFN come from a variety of professional and academic backgrounds. Join a growing, diverse, highly committed, skilled, and collaborative staff dedicated to driving capital into low-income communities. At OFN, we are committed to an inclusive workplace. We encourage you to apply if you are excited about this role but your experience does not align perfectly with every qualification. You may be the right candidate for this or other roles.

Responsibilities

• Ensure compliance with funding source administrative guidelines, timely receipt of revenue, and accurate submission of financial reports.
• Assist with preparation for Single Audit and internal and other external audits.
• Assist with other general accounting activities including reconciliations, timesheet reviews, and other duties as assigned.
• Assist in the development of grant budgets and budget modifications.
• Ensure grants are set-up correctly in accounting software, so all costs, revenue, and funds are tracked and recognized accurately and appropriately; monitor grant activity and lead grant analysis.
• Prepare grant draws and financial grant reporting.
• Stay up to date on relevant laws, regulations, and policies related to grant compliance.
• Interpret and communicate these requirements and best practices to internal stakeholders.
• Provide support with other grant-related activities as needed.
• Perform other duties and projects as assigned.

Requirements

• Bachelor’s degree in a relevant field or 5-7 years direct work experience in lieu of a degree required.
• 2-3 years of experience in grant management required.
• Experience working in a CDFI or nonprofit environment is desirable.
• Advanced digital literacy and ability to navigate workplace technology including Microsoft Office suite, administrative and grant management software, databases, and Salesforce.
• Strong understanding of the grant lifecycle.
• Excellent research, writing, and editing skills.
• Excellent organizational skills with the ability to manage complex and highly confidential information exercising initiative and sound judgment/decision-making with a solution-oriented focus.
• Effective analytical and problem-solving ability.
• Excellent time management skills with the ability to manage multiple tasks, within tight deadlines in a clear, level-headed manner; ability to turn work around within a short period of time where demands are liable to change quickly effectively, and efficiently.
• Ability to work well and collaboratively with diverse constituents and interface with employees at all levels of the organization, OFN Members, OFN investors, and funders is required.
• Comfortable working autonomously and across multiple tasks and reporting to different project working teams.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Retirement plan
• Sick leave
• Paid time off