Finance Analyst

Background

HAF is an innovative nonprofit lender and Community Development Financial Institution (CDFI).  Established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development, we create public-private partnerships and leverage private, philanthropic, and public capital to stem the displacement of low-income and working families and accelerate the production of new affordable housing across the Bay Area. HAF has raised nearly $400 million since launch and channeled that capital into more than $600 million in affordable housing investments that create and preserve over 3,000 affordable homes. This includes innovative products and tools such as the Bay Area Housing Innovation Fund, Industrialized Construction Catalyst Fund, and the Home for Good Fund.  Learn more about our work at www.sfhaf.org. 

The Housing Accelerator Fund is an Equal Opportunity Employer.  We are committed to ensuring that our hiring process is inclusive and equitable for all candidates. We strongly encourage applications from individuals of all backgrounds, particularly those who share lived experiences with the communities we serve. This includes but is not limited to: candidates who identify as Black, Brown, Indigenous, Latinx, and Asian and/or a member of other underrepresented races and ethnicities; candidates of all gender identities and orientations; people of all ages; veterans; people with disabilities; and individuals who have lived experience of housing, food and/or economic instability or scarcity.

Summary

We’re looking for a new team member to play a critical role in capital management, financial operations, and compliance to support HAF’s growth and impact.  This team member will support new capital raises and the diligent stewardship of existing capital and will partner with the CFO and Finance Manager to maintain HAF’s core finance and accounting operations. Position title and specific responsibilities will be determined based on an individual’s background and experience.

Full Job Description

Responsibilities

Capital – 60%

• Assist with new capital raises – provide financial information as requested during the underwriting/due diligence process. Work with the CFO to prepare the necessary information for securing a credit rating.
• Maintain data and prepare reports on capital availability and grant activity for internal and external stakeholders.
• Track and manage the organization’s debt portfolio, maintain interest payable schedules, and adhere to reporting and repayment schedules.
• Work with the CFO to forecast cash flow needs to optimize the allocation of capital for lending, investing, and operational activities. 
• Work with the Operations and Communications Director to prepare communications to stakeholders and prospective investors, including grant applications and reports, general newsletters, press releases, and more
• Update internal systems to reflect new capital and terms, additional covenants, and reporting requirements. Ensure that capital-related files are complete and are updated as new documentation is received. 

Finance Operations, Reporting, and Compliance (40%)

• Operations
  • Manage accounts payable in collaboration with the Finance Manager.
  • Work with third-party accounting team on month-end close related to Capital (loans and grants) and corresponding cash transactions.
  • Work with the CFO and Finance Manager to document finance operations/processes.
• Reporting
  • Work with CFO and Finance Manager to prepare financial statements and finance metrics for the Finance Committee/Board.
  • Prepare financial components of grant applications and reports.
• Compliance
  • Prepare financial statements and loan covenants for quarterly and annual investor reporting
  • Support the annual audit process and  work with third party accounting team to provide required schedules and documentation related to Capital and Grants
• Additional duties as assigned.

Requirements

You’re a great fit for the role if you:

• Have 2-6 years of experience in some combination of: finance, accounting, and operations in a non-profit or public sector setting, financial modeling/cash flow/capital management, data management/analysis, and/or experience with audits/compliance and stakeholder reporting.
• Bring a high level of attention to detail and excellent judgment and decision-making abilities.
• Are proficient in spreadsheet analysis and presentation software (e.g. Google or Microsoft), with analytical expertise to distill and present data effectively to a range of audiences.
• Are a resourceful self-starter and are comfortable working in a start-up environment. 
• Are comfortable creating, implementing, and improving processes and systems to support capital compliance and financial management and delivery of key metrics/management systems for our portfolio and capital stewardship.
• Ability to manage multiple projects at the same time and prioritize critical-path tasks and project management.
• Are dedicated to addressing the Bay Area’s housing affordability and homelessness crisis.
• Bring a personal commitment to Diversity, Equity, Inclusion, and Belonging, and to embedding equity in how we work with our partners and the types of products that we provide.

We know that there are skill gaps in the affordable housing sector, and we want to help train the next generation of affordable housing leaders. If you are passionate about our mission, we strongly encourage you to apply even if you aren’t sure your skills and experience are a direct fit.

Compensation and Benefits

$88,000 – $110,000 + up to 5% bonus; salary placement within this range will be based on experience and qualifications. 

Our benefits package includes comprehensive, employee-selected insurance coverage (medical, dental, vision, life); 100% coverage for employees and 50%-80% for dependent coverage; a 401(k) plan with employer match after one year; generous PTO beginning at 18 days plus paid holidays; cell phone, internet, and fitness stipends; FSA & Commuter Savings accounts, and more.

How to Apply

Email the following to Kati Vastola [email protected] with the subject line Finance Analyst:

• Resume
• Cover letter of 1-2 pages that includes:
  • Your interest in the position. 
  • How your background and experience will support you in performing the position’s responsibilities.
  • Your reflections on the following: in brief, how have your past experiences, activities, or background made you aware of inequities and challenges faced by historically underrepresented or economically disadvantaged groups, particularly in the context of HAF’s mission (below)? How has this awareness shaped your personal and professional growth, including your professional work? 
    • HAF’s mission is to accelerate the production and preservation of affordable housing for California’s economically disadvantaged households, individuals, and communities by lending to, investing in, and directly acquiring real estate assets.