Chief Financial Officer – CFO

Company: Pacific Community Ventures

Location: Oakland, CA

Job Function: Finance




Position Type: Full Time
Location: Oakland, CA (Largely Remote During Pandemic)
Reports To: CEO
Salary: $140-$170K, Commensurate With Experience And Location, With Generous Benefits

Are you passionate about building a more equitable society? If so, please join Pacific Community Ventures, a mission-driven nonprofit organization invested in addressing racial and gender wealth gaps, through small business owners as local changemakers in our communities. We are seeking a CFO, an Officer-level position to lead our Finance & Operations team, and be a key thought partner to the CEO and leadership team. PCV is one of the U.S.’s first impact investing funds; and over the past several years, we have become a leading statewide community development financial institution (CDFI) in California; while scaling a nationwide mentorship platform for under-estimated small business owners. Our audiences and clients include small business owners across the United States, volunteer business experts; leading foundations and impact investors; other CDFIs; and policymakers at the state and local level.

Who We Are
PCV is a 24-year-old nonprofit CDFI that supports small business entrepreneurs and their communities in the fight for economic, racial, and gender justice. We work side-by-side with small business leaders through our unique integrated model: combining impact-first Restorative Capital and Pro Bono Business Advising with our Good Jobs Innovation Lab that propels thriving communities with equitable jobs, and uplifts and amplifies their voices and needs through research and policy advocacy.

Why You’re Needed
We’re a dynamic nonprofit community development financial institution (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. With our expansion, we are adding loan products, blended capital with small grants, and streamlining our processes and procedures to reach entrepreneurs and assess impact more efficiently. Over the past several years, PCV has worked with an outsourced CFO and Accounting company, and as we grow, we are looking to bring these essential roles in-house. You will be a dedicated leader with strong managerial, analytical, and interpersonal skills who is passionate about investing in under-estimated communities, and bringing your lived experience to advance our mission.

This position will report to the CEO. This is a wonderful opportunity for an experienced leader who wants to apply your expertise in the fields of small business lending and community development.

Position Overview
The CFO has oversight of the following functional areas: 1) nonprofit accounting; 2) financial management, including financial controls, budgeting, financial planning and analysis; 3) debt, cash, and portfolio management; and 4) HR & Operations (IT, office, etc.).

The CFO is responsible for evaluating and executing PCV’s financial strategy, working in close collaboration with the Chief Executive Officer (CEO), the Finance and HR team, and the leadership of our Lending, Business Advising, and Lab program teams. The CFO is a member of the Executive Leadership Team and participates in strategic and organizational planning, as well as quarterly Board representation. The CFO will work closely with the Finance, Lending, and Audit Committees of the Board of Directors. S/he/they will have confidence managing multiple projects and deadlines and strong communication skills.


Specific Responsibilities:

  • Serve as thought partner to CEO and leadership team in aligning PCV’s strategy, growth, and mission focus, with readiness to scale, systems, and financials.
  • Oversee the audit process, tax function, and general nonprofit accounting operations, including maintaining and establishing (as needed) policies, procedures, and internal controls.
  • Manage monthly financial statements and financial management reporting, including analysis of operating results, key performance indicators, and financial forecasting. Improve PCV’s monthly and quarterly close cycles to be more streamlined.
  • Manage the annual operating budget process and develop with the Associate/Director of Finance an annual budget and multi-year financial projection plan in close coordination with Program Directors, and CEO.
  • Review and recommend technology platforms across PCV, particularly for accounting, financial management, grants, and ensure integration between Finance and Lending, Business Advising, as part of PCV’s integrated technology strategy, in close collaboration with the Associate/Director of Finance
  • Oversee treasury management, including bank administration, managing operating and loan fund cash, investment accounts; optimize debt and grant capital with leadership team.
  • Work with CEO and program teams to build and improve financial and program dashboards for improved management, and Board quarterly reporting
  • Represent PCV with key investors, funders, and externally as appropriate, including to industry organizations
  • Oversee debt management, including asset-liability matching, interest rate risk, and negotiating and managing financial covenants.
  • Oversee support to Lending team, help to improve portfolio management, loan servicing, portfolio risk assessment, and calculation of allowance for loan loss.


Qualifications, Skills & Experience:
We strive hard to be a diverse and inclusive place to work. We value new perspectives, original ideas, and different ways of working. You will bring a background of working with dynamic teams and projects, as well as excellent analytical and communications skills that you are eager to apply to complex social problems. You should demonstrate a deep commitment to creating social and environmental benefit, under-invested people and places.

  • 10+ years of work experience in nonprofit accounting, GAAP, financial management, or investment banking required. 7+ years in a supervisory or managerial capacity required.
  • Experience with nonprofit finance and in the Community Development Financial Institution (CDFI) industry highly preferred.
  • Experience and proficiency with financial technologies – particularly in small business lending, accounting (QuickBooks online), business intelligence, highly preferred.
  • Deep belief for PCV’s mission of investing in under-estimated people and places
  • Comfort with a fast-paced working environment with multiple competing deadlines, particularly through a pandemic and economic recovery timeframe
  • Experience with lending, entrepreneurship, microfinance, social enterprise, program development and evaluation, and/or small business a plus.
  • Strong writing, financial, and analytical experience required.
  • Strong oral presentation, communication, and negotiating skills required.
  • Experience in corporate finance including asset-liability management, cash flow management, interest rate management, asset and enterprise valuation, investment, and budgeting required.
  • Experience in raising capital from institutional investors, foundations, and financial institutions.
  • Demonstrated experience in creating and assessing financial models, financial statements, budget documents, and financial forecasting for CEO and Board.
  • Strong interpersonal skills and a high degree of self-awareness with a flexible growth mindset will support a strong culture fit.
  • Acknowledgment of privilege, positional power, and commitment to creating brave courageous conversations that uplift PCV’s culture and people.

This position will be based at our headquarters in Oakland long-term. However, during the COVID-19 pandemic this role will be mostly remote, with weekly/biweekly office check-ins for leadership coordination, and to support team operations. The role may involve occasional travel to other locations in California and around the United States in the future.

Compensation and Benefits


How to Apply

Interested candidates must be legally authorized to work in the United States. They should send a résumé and cover letter via e-mail to with the words “CFO” in the subject line. Start at earliest convenience. No phone calls, please.

PCV is an equal opportunity employer. Applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law. We live our values of openness, transparency, coming from a place of yes, collaboration, and more; and believe that justice, equity, diversity, and inclusion are fundamental to our success. We are especially interested in candidates who have direct and lived experience with the communities we serve.