We’re hiring! We are currently seeking dynamic, mission-driven professionals to fill two positions on our team: Director of Programs and Grantmaking and Finance Officer. Please scroll down to learn more about these roles. (Updated November 2021)

About the Cambridge Community Foundation: Founded in 1916 as one of the first community foundations in the nation, the Cambridge Community Foundation (CCF) remains committed to serving as vehicle for social change in the city of Cambridge. As a civic leader, philanthropic partner, and grant-making nonprofit, the Foundation highlights emerging and critical needs and catalyzes efforts to ensure that resources are focused where they can have the greatest impact. Harnessing the power of philanthropy, CCF advances its visionary goals of shared prosperity, social equity, and cultural richness for Cambridge and its residents.

Director of Programs and Grantmaking

To lead and support its meaningful work, CCF seeks a dynamic, mission-centric Director of Programs and Grantmaking to help build, shape, and implement a bold, ambitious, community impact strategy through grantmaking, civic leadership, and philanthropic partnership. Working as a thought partner to the Foundation’s president, guided by its recent research report, Equity & Innovation Cities: The Case of Cambridge, the Director will help drive efforts to address a range of critical issues in Cambridge, including income inequality and job loss, food insecurity, and the digital divide, exacerbated by the COVID-19 pandemic.

Position Summary:

The Director of Programs and Grantmaking is charged with leading and overseeing the strategic development and implementation of all program functions for existing and new areas of grantmaking and community impact. He/She/They will lead the development of programmatic agendas for CCF, working in deep collaboration with the community and across the nonprofit ecosystem. Together with the Foundation’s program, communications, development, and distribution committees, the Director will foster a mission-driven, mutually supportive environment that advances the organization as a whole. Primary responsibilities include grantmaking and strategy, civic and community engagement, and support of the nonprofit sector.

Ideal Candidate:

The ideal candidate is a seasoned and mature leader with demonstrated experience in the philanthropic, private, public and/or nonprofit sectors; and skilled in program development and management, including strategic planning, project management, financial oversight, and impact assessment. Other criteria include: excellent analytical, problem-solving and reasoning skills; solid organizational and time-management skills, able to consistently deliver on established schedules, guidelines, and deadlines; superb written and oral communication skills, including strong presentation and facilitation skills, and the ability to foster productive relationships with a diverse population. This individual is a team player and collaborator who works well in a fast-paced, hands-on environment; has a deep-rooted personal interest in/commitment to working in a diverse and inclusive environment that places a high value on equity; and is committed to fostering a positive workplace culture of collaboration and respect.

Qualifications:

A Bachelor’s degree in a relevant field or equivalent experience with 8 years’ progressive experience in community organizing, public policy, social work, public education, urban planning/community development, or related field; lived experience and understanding of diverse communities; proficiency in Microsoft Office and data systems. EOE M/F/VET/DISABILITY/GENDER IDENTITY/SEXUAL ORIENTATION

Apply: Send letter of introduction and resume to [email protected]

Finance Officer

Job Description

We are seeking an experienced and detail-oriented individual to conduct the core accounting functions for our organization. This position is a salaried, full-time, benefits-eligible position. The position reports to the CFO. Our ideal candidate has worked as a professional accountant for a minimum of five years and has experience at a mid-sized non-profit, preferably a community foundation, is tech savvy, and business process oriented.

General Statement of Duties
Reporting to the Chief Financial Officer (“CFO”), the Finance Officer is responsible for the day-to-day accounting for the Foundation’s financial transactions, as well as for developing, implementing, and ensuring compliance with financial policies and procedures consistent with generally accepted accounting principles (“GAAP”). The Finance Officer is responsible for maintaining and continuously improving the system of financial controls, including general accounting, fund accounting, investment accounting, budgeting, banking, payroll, and benefits.

Essential Duties and Responsibilities
1. General Accounting and Reporting
• Develop, administer, and ensure compliance with generally accepted accounting policies and procedures.
• Prepare monthly closings and monthly financial statements.
• Maintain general ledger, subsidiary ledgers and other accounting records needed for preparation of the financial statements and other required financial data, post journal entries.
• Update chart of accounts, vendor listing and accounting system reports.
• Reconcile financial information from Development CRM and Programs grant making applications to general ledger.
• Collect supporting documents for payment of vendor invoices and grants.
• Deposit cash receipts, post to general ledger, and update cash receipts journal.
• Participate in professional accounting societies; maintain current relevant knowledge of GAAP.

2. Investment Accounting
• Perform posting of investment activity on monthly/quarterly basis.
• Reconcile investment balances per Foundation’s books to custodial banks.
• Process posting of donations and posting of grants / distributions wires.
• Report on investment cash flows for Finance Committee and Board of Trustees

3. Audit, Tax Compliance
• Maintain current knowledge of regulatory requirements affecting foundations/philanthropy.
• Prepare IRS Forms 1099 and 1096.
• Prepare schedules, statements, and reports for the Foundation’s year-end financial statement audit. Provide support to auditors during the annual audit.

4. Budget
• Work with the CFO to prepare annual operating budgets; assist in calculation of cash flow projections.
• Perform periodic review of budget vs. actual with variance analyses.
• Track disbursements to ensure minimum distribution requirements are met.

5. Banking
• Ensure compliance with management of internal banking policies and procedures.
• Promptly reconcile all monthly bank statements, including custodian cash.
• Initiate interfund transfers as necessary.
• Initiate payments by check and ACH as necessary.

6. Payroll and Benefits Processing
• Process semi-monthly payroll.
• Reconcile books/records to IRS Form 5500.
• Calculate and manage Section 403(b) contributions.
• Coordinating with CFO, administer and process employee benefit paperwork.
• Reconcile quarterly payroll tax returns to accounting books/records.

7. Other
• In conjunction with IT vendor, ensure up-to-date inventory of all computer and computer-related equipment.
• Maintain inventory of offsite Foundation records, and update inventory of contracts.
• Assist CFO in the analysis and review of financial statements.
• Complete industry surveys

Qualifications
• General: Must have a dedication to the tax-exempt sector, ability to exercise discretion, work independently, take initiative, meet multiple and competing deadlines, participate as an effective team member, and follow tasks through to completion
• Experience: 5 years related accounting experience in private foundation/public charity settings. Knowledge of not-for profit GAAP is required.
• Education: Bachelor’s degree in Accounting required. C.P.A. or on C.P.A track preferred.
• Technology skills: Experience using a computerized accounting system, solid knowledge of MS Office applications (Excel proficiency a must)
• Organizational skills: Excellent organizational skills and attention to detail. Able to prioritize work effectively and adjust to multiple demands.
• Communication/People skills: Strong verbal and writing skills. Ability to work with a highly collaborative and consensus driven team.

Application Process
Send resume (in Word or PDF format) with cover letter describing your interest and qualifications to [email protected] Include “Finance Officer” in the subject line. Only those selected for an interview will be contacted.

Compensation and Benefits

Salary commensurate with education and experience. Full benefit package including 75% CCF coverage of Health and Dental insurance; 100% Vision, Life/LTD/STD; 403(b) Pre-Tax standard and Roth.

The above statements are intended to describe the general nature and level of work being performed by the incumbent. They are not intended to be an exhaustive list of all responsibilities and activities required for the position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Applicants are required to undergo a background check before being hired. The Foundation is an equal opportunity employer.