Nonprofit Compliance and Audit Manager

The Company:

MoFi is a nonprofit lender with a mission to provide financing and consulting that transforms lives and communities. Our goal is to provide equitable access to capital for all.

MoFi is a business lender for the poor, underserved, and historically marginalized. Every day we work with entrepreneurs who lack equity, assets, or prior business experience and are turned away from banks. From our thirty years of lending experience, we also know that equity, assets, and prior business experience aren’t needed to build a successful business and repay a business loan.

Each MoFi client gets a loan package that includes free, comprehensive training to help them build a safety net to weather unforeseen challenges. MoFi also offers a unique assistance program, The Path to Bankability, to help all clients achieve financial sustainability, and, ultimately, qualify for bank financing. Our training programs allow underserved small business owners to enter the financial mainstream, building a more prosperous future for themselves, their families, and their communities along the way.

Our work spans 37 years and the Rocky Mountain West. Our team is committed to equity, impact, and excellence. We offer a progressive, fun, team-driven environment with a focus on social impact as well as financial outcomes. We are a fast-paced organization with a culture that fosters teamwork and embraces an all-hands-on-deck mentality. MoFi offers competitive pay, clear ladders for growth, professional development opportunities, great benefits, and a chance to make a positive impact in the lives of our clients.

The Position:

This position is on MoFi’s Accounting and Compliance team. This team has high attention to detail, great communication, is organized, knowledgeable, and efficient. The Nonprofit Compliance and Audit Specialist role involves conducting audits, ensuring adherence to regulations, and enhancing financial transparency and accountability. The ideal candidate will have extensive experience in auditing nonprofit organizations and a strong understanding of compliance reporting requirements.

Remote candidates will be considered. However, travel to work in our offices will be required quarterly.

Job Duties:

Audit Preparation and Execution

• Conduct internal financial audits, ensuring compliance with GAAP and relevant regulations.
• Review financial statements, accounting practices, and internal controls.
• Prepare detailed audit reports, highlighting findings and recommendations for improvement.

Compliance Reporting

• Prepare and submit compliance reports
• Monitor changes in laws and regulations that may affect nonprofit compliance and reporting.

Risk Assessment

• Conduct risk assessments to identify potential areas of noncompliance and recommend appropriate mitigation strategies.
• Assist in the development of policies and procedures to enhance compliance efforts.

Continuous Improvement

• Stay updated on industry trends, regulatory changes, and best practices in nonprofit finance and compliance.
• Recommend improvements to enhance efficiency and effectiveness of audit and compliance processes. Work closely with the leadership team to develop and implement effective compliance strategies.
• Provide training and support to staff on compliance issues and best practices in financial management.

QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or a related field
• CPA certification required
• 2+ years of CDFI business lending reporting experience
• 3-5+ years of experience in auditing nonprofit organizations
• Experience with audit software and financial management systems, preferred
• Familiarity with specific compliance requirements for grants and funding source, preferred
• Strong knowledge of nonprofit accounting principles, compliance regulations, and reporting requirements
• Excellent written & verbal communication
• Strong attention to detail and analytical skills with an emphasis on accuracy
• High level of self-organization, self-awareness, and strong prioritization abilities
• Enjoys learning, problem solving, and collaboration
• Ability to learn new software and databases quickly
• Works well across teams and in a fast-paced environment
• Strong excel and computer skills
• Embodies a growth mindset
• Thrives in a learning culture

COMPENSATION
Salary is $100,000 to $125,000 based on experience. Additional compensation includes full employer paid medical, dental, and vision benefits; employer sponsored 401K retirement benefits; life insurance; holiday savings matching program; monthly wellness stipend; paid vacation, holiday, and sick leave; and short and long-term disability and AD&D.

We believe MoFi is for everyone…

…no matter where you come from, what you look like, or how you identify. We are working to build a diverse, inclusive team that reflects the people we serve. We're committed to helping you do your best work. We promise to champion diversity, build an inclusive culture, and help create a more equitable world. We are proud to be an equal opportunity employer. We welcome the unique contributions that every member of the team brings and do not discriminate on race, sex, gender identity and expression, nation of origin, culture, ethnicity, genetics, age, languages spoken, veteran’s status, color, religion, disability, sexual orientation, or beliefs and opinions.

Job Type: Full-time

Pay: $100,000.00 - $125,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid parental leave
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Retirement plan
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• Why are you interested in this position?
• Please submit a cover letter with your resume.

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 3 years (Preferred)

Work Location: Hybrid remote in Missoula, MT 59802