EXECUTIVE SUMMARY


Founded in 1994 and currently serving sixteen states -- including Arizona, Colorado, Georgia, Nevada, New Mexico, North Carolina and Texas, among others -- DreamSpring is a nonprofit organization that increases access to business credit, makes loans and provides training to enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change.

Dedicated to helping entrepreneurs and business owners generate income, build assets, create jobs and achieve financial success, DreamSpring offers business loans from $1,000 to $2 million, along with training, networking and other support services to those who own or want to start a business. To date, the organization has made over 17,250 loans totaling more than $210 million to entrepreneurs in nearly 690 communities across the states that it serves. A map of DreamSpring service regions can be found at www.dreamspring.org/loans.

Celebrating its twenty-sixth year in promoting economic inclusion, DreamSpring has earned the “Exceptional” four-star rating nine years in a row from Charity Navigator, the independent national nonprofit evaluator -- an achievement shared with only 3 percent of the charities assessed by this independent national nonprofit evaluator. This top designation sets DreamSpring apart as exceeding industry standards and outperforming most nonprofits, offering donors the confidence they are supporting a model organization that exemplifies financial health, accountability, and transparency.

Under the longtime leadership of its President/CEO Anne Haines, DreamSpring has embarked on a multi- year plan to realize a tenfold increase in scale and impact. Following the retirement of its esteemed Chief Financial Officer (CFO), DreamSpring now seeks nominations and applications for an experienced mission-oriented leader to help steward the next chapter in the organization’s journey. Reporting to the CEO, the new CFO will join a passionate Senior Management Team at a pivotal moment.  The new CFO will work directly with the CEO, leadership team, and Board of Directors to drive growth and impact by ensuring that DreamSpring’s financial strategies, tactics, infrastructure and capabilities are strong, aligned and fully realized to support the organization’s strategic direction and goals. S/he/they will also be instrumental in creating a culture of trust and accountability, transparent communication, and continuous improvement and innovation.

This search is being conducted by Linh Nguyen and Britni Russell-Bianchi of NPAG

 


THE JOB


Reporting to the CEO and collaborating closely with the Executive Management Team (EMT), the CFO will play an integral role in executing the organization’s strategic plan as well as stewarding its financial health and sustainability. The CFO will carry out the following responsibilities in support of mission achievement:

  • Provide leadership, along with other members of the EMT, to continually refine, formulate and execute DreamSpring's vision and strategy under the direction of the President/CEO and Board of Directors.
  • Develop the vision, strategy, and operational plan for all functions in the CFO’s span of control, establishing goals, objectives, policies and procedures in accordance with the organization’s strategic plan and vision for the financial functions.
  • Achieve financial objectives by involvement in preparing the annual budget inclusive of operational plans and objectives.
  • Identify and oversee strategies and tactics to enhance operating profit through revenue enhancement and cost-effective operating processes, including establishing a relevant definition of “breakeven operations,” overseeing financial analysis and measurements to achieve at minimum breakeven operating results, and tracking results to help determine and validate the financial effectiveness of key operating strategies.
  • Lead the organization in conceptualizing and deploying capital structuring that enable continued scaling of operating volume.
  • In connection with capital structuring, help identify and secure operating and lending capital to fulfill capital needs.
  • Establish and monitor all banking relationships, including requests for lending capital in the form of notes payable or LLC investments, sales or participations of loans and other sources of capital formation.
  • Steward the day-to-day operations and continuous improvement of the budgeting, finance and accounting and related operational functions, including ensuring effective internal controls and mechanisms to detect and mitigate risk and protect the organization from asset losses and internal and external fraud.
  • Ensure that DreamSpring's Financial Policies and Procedures comply with Generally Accepted Accounting Principles and Governmental Accounting Standards, and all applicable staff are trained on policies and procedures.
  • In support of the CEO, serve as the liaison with the full Board, reporting on the overall investment and financial status of the organization.
  • Serve as the liaison with the Finance Committee and Investment Adviser, implementing recommendations and communicating accounting and internal control issues on audit matters; and revising DreamSpring’s Investment Policy Statement as necessary, reporting requirements, and implementing committee decisions on investment matters.
  • Manage strategic relationships with audit and accounting firms and serve as liaison with external accounting firm for the preparation of annual tax returns for nonprofit and controlled for profit subsidiaries. Ensuring that necessary information is provided to the accounting firm for preparation of tax returns and reviews completed returns for accuracy before submission.
  • Mentor and coach direct reports and their subordinates in their professional growth and promote cross training and redundancy to effectively manage staff talent, capacity, and potential turnover.
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QUALIFICATIONS OF THE IDEAL CANDIDATE


While no one candidate will possess all of the qualifications listed below, the ideal candidate will be passionate about DreamSpring’s mission and bring many of the following:

Minimum Qualifications

Bachelor's Degree in Accounting, Finance, Business Administration, or related field plus ten years progressive work experience controlling centralized accounting activities for multiple fund programs and/or accounts; experience in auditing, computerized fund accounting, portfolio management, indirect cost negotiations, and federal program accounting required; five years in a supervisory capacity.  Master’s degree preferred; CPA certification preferred. Bilingual, English/Spanish preferred. Must be able to successfully pass a pre-employment drug/alcohol screen and background investigation.

Knowledge, Skills, and Abilities

  • Knowledge of the principles and practices of management and fund accounting, finance, and business administration.
  • Knowledge of the standards, policies, practices, and procedures of Generally Accepted Accounting Principles and Governmental Accounting Standards.
  • Knowledge of the development, preparation, and control of budgets.
  • Knowledge of managerial and statistical analysis techniques and reporting procedures.
  • Knowledge of business English, proper spelling, grammar, punctuation, and basic arithmetic.
  • Knowledge of strategy development, including crafting business plans and understanding key financial and operational value drivers, and developing strategic partnerships.
  • Ability to communicate effectively in the English language both verbally and in writing.
  • Ability to establish and maintain professional relationships with individuals of varying social and cultural backgrounds and with co-workers at all levels.
  • Ability to maintain confidentiality.
  • Ability to create and present effective speeches and presentations.
  • Ability to analyze situations and adopt appropriate courses of action.
  • Ability to work independently and meet strict timelines.
  • Ability to make solid decisions and exercise independent judgment.
  • Ability to be persuasive and tactful in controversial situations.
  • Ability to interpret applicable federal, state, county, and local laws, regulations, and requirements.
  • Ability to demonstrate excellence in everything, and continually seek improvement in results.
  • Skill in operating business computers and office machines, including in a Windows environment, specifically Word, Excel, Access, presentation software (such as PowerPoint), and PC-based computerized accounting software.
  • Skill in preparing, reviewing, and analyzing operational and financial reports.
  • Skill in providing leadership to, supervising, training, and evaluating assigned staff.
  • Skill in analyzing problems, projecting consequences, identifying solutions, and implementing recommendations.
  • Ability to demonstrate passion around the work of DreamSpring.
  • Ability to recognize and appreciate the pioneering spirit.
  • All actions, behavior and results have integrity.
  • Holds oneself and others accountable for behavior, actions and results.

TO APPLY 


This search is being conducted by Linh Nguyen and Britni Russell-Bianchi of the national search firm NPAG.  Nominations and applications, including a cover letter describing your interest and qualifications, and your resume (in Word or PDF format) should be submitted below.

DreamSpring is an equal opportunity employer.

We recruit and hire without regard to race, national origin, religion, gender, gender identity, sexual orientation, disability, marital status, veteran status or age.

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