The Fund for our Economic Future (“Fund”) seeks a full-time Director of Operations to join its small leadership team. The Fund is primarily an in-office environment, with some remote work and schedule flexibility possible. The Fund seeks to attract both established and emerging leaders. ​This position reports to the President of the Fund. ​It ​has a starting salary of $95,000 with upward flexibility for a candidate with demonstrated capabilities and significant relevant prior experience.

In existence since 2004, the Fund serves as a creative space for civic leaders in Northeast Ohio to advance more equitable economic growth. For more about the Fund for Our Economic Future, please visit www.thefundneo.org.

The person most likely to succeed in this role is attentive to detail, highly organized, a ruthless manager of deadlines, action items and to-do lists, and a clear and concise writer. (S)he/they lives for seeing the critical path, thrives on enabling high-performing teams through structures and processes, and understands the importance of being able to both lead and self-execute in a small team environment.

Summary:

The Director of Operations is responsible for all aspects of the Fund’s work associated with its efficient operations as an independent entity. This includes: process management, budget management and forecasting, grants and contracts oversight and administration, and governance.

Core Responsibilities:

Process Management. The Director is charged with enabling the Fund and its team to operate as efficiently and effectively as possible. Processes to manage include financial management, relationship tracking, donor management, grantmaking, grant reporting and invoicing. The Director will assess and manage technical tools and software platforms to optimize efficiency and information management and will be responsible for briefing the president and board members on related statuses on organizational performance.

Budget Management and Forecasting. The Director is accountable for staying on top of the Fund’s finances. (S)he/they will work closely with the president, board treasurer and finance committee to ensure smooth and efficient financial operations. Responsibilities include:

  • Managing organization’s budget of ~$3.3million per year. Budget includes an annual and three-year operating budget and an annual and three-year budget for grantmaking priorities.
  • Apprising president of organization’s financial position, including:
    • Regular status reports of actual revenues/expenses versus budget
    • Cash flow, including accounts payables and receivables
  • Acting as point person on Fund financial audit, including the selection of the auditing firm, and, with support from a contracted controller, the preparation and presentation of records, and responding to any guidance.
  • Staffing of the Finance Committee

Grant and Contracts Oversight and Administration. The Director has primary responsibility for grants and contracts management, including directed funding and non-grant financial instruments. Responsibilities include:

  • Managing a pipeline of potential grant awards
  • Tracking and providing regular reporting on grantmaking budget
  • Drafting grant agreements and contract awards
  • Updating and maintaining grant and contract templates
  • Overseeing grant and contract record keeping, timely reporting, working closely with Manager of Operations to ensure compliance with all IRS 501(c)(3) and other legal requirements

 Governance. Director is responsible for management of effective governance. Responsibilities include:

  • Execution management of Executive and Governing Board meetings, including compiling, reviewing, editing docket materials and overall quality control of product provided to the Board.
  • Overseeing compliance of organization’s established HR policies.
  • Connecting between organization of the Fund (e.g., board committees) and objectives of the organization.
  • Stewarding the Code of Regulations and recommending changes as appropriate.

Education and Experience Specific to the Position:

  • Prior experience overseeing operations, budget management and administration of either complex projects or operations of a small organization in a position with profit and loss accountability, drafting grant and/or contractual agreements and management of contractors are all required.
  • A working knowledge of process and project management tools including Microsoft Excel, Membership Works, Salesforce, and Office 365 is required.
  • Prior experience supporting a board of directors is strongly preferred.
  • Evidence of exceptional critical thinking skills is extremely important.
  • Other important qualities include a service orientation, ability to self-manage, ability to manage and facilitate others, and strong oral and written communication skills.
  • Interested candidates will be asked to provide a writing sample to demonstrate communications style and evidence of a working knowledge of Microsoft Excel.
  • No specific level of education is required.

Good to Know:

  • This is one of three full-time positions currently open with the Fund. Interested candidates who believe they are a good fit for the vision of the job, but don’t yet have the experience level required or the capability to cover the full scope described, may still be considered with commensurate adjustments to the overall role, responsibilities and salary.
  • The Fund is a mission-driven organization. Candidates best suited to this work are those excited about and ready to engage on the tough issues related to advancing a growing, more equitable economy for all residents of Northeast Ohio, regardless of race or place.
  • The Fund values its staff and offers (and encourages use of!) paid time off, medical and dental coverage and short- and long-term disability policies.
  • We seek to build a caring, high-performance culture. We also strive to be an environment where achieving excellence at work doesn’t prevent team members from living full outside-of-work lives.
  • The Fund is committed to creating a diverse and inclusive work environment where everyone can feel a sense of belonging, and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
  • The pre-employment process will include a criminal background check, reference checks, proof of full COVID vaccination.

Applicants should send a cover letter, resume and companion writing sample to ccleveland@thefundneo.org. Applications will be accepted until the position is filled.