Deputy Director, Operations & Grants Mgmt

Full Time Atlanta, GA, US

7 days ago Requisition

Salary Range: $ To $ Annually

Low Income Investment Fund (LIIF) is a national community development financial institution (CDFI), headquartered in San Francisco with offices in New York City, Atlanta, Los Angeles and Washington, D.C., that invests in communities of opportunity, equity and well-being. As a CDFI, LIIF supports projects that have high social value but lack access to traditional financial institutions. Since 1984, LIIF has deployed more than $3.1 billion to serve more than two million people in communities across the country from its five offices.

An S&P-rated organization, LIIF funds healthy communities by providing innovative capital solutions. Currently, LIIF is driving $5 billion in investments to advance racial equity ). More on LIIF can be found .

The Deputy Director, Grants Management and Operations (Director) reports to the Vice President of Operations, who oversees all Operations team  Operations department was created in 2023 and consist of Information Technology (IT), Data Management (DM), and Portfolio Loan Servicing (PA) teams. The Deputy Director will be responsible for managing the grants management function within the operations team and supporting the VP Operations to oversee all operational functions.

This position will be responsible for overseeing the administrative and budget measurement for all grants and contracts for the Programs team of the Low Income Investment Fund (LIIF). In addition, the Deputy Director will review all contracts to ensure compliance related task and key revenue recognition items are identified.

The Deputy Director is responsible for efficient and compliant management of the philanthropic grants and public sector contracts that fund the work of LIIF’s Programs team. This position requires financial analysis, problem solving, and relationship building skills. It requires the ability to lead projects, collaborate across teams, and analyze financial data. The Deputy Director will serve as liaison between the Programs team, Finance team and other departments as needed to ensure efficient and economically sustainable operations relating to ensuring compliance, accurate grant accounting and budget management.

The Deputy Director will management 1-2 team members who will be responsible to all programmatic billing, creating all reclassification entries for the general ledger, provide the finance team with all general ledger support and manage the budget to actual monthly review process.

The ideal candidate will have broad knowledge of public and private grant and contract management; a team and service-oriented approach to working with colleagues, funders, and partners; a commitment to proactively problem solving; and an interest in being part of an organization committed to creating communities of opportunity, equity and well-being. Direct experience with state and local agency, foundations, and Federal funding is required.

• Partnersdirectlywith Finance department and Programmatic departments (ex: Early childhood Education, National Program, and Fundraising) to review contractandgrantapplications and budgets prior tosubmissiontofunders.
• Lead negotiations in conjunction with the ECE and Program team prior to contract execution to ensure mission and profitability targets.
• For complex grant agreements, prepare revenue recognition memo for review by Finance team and sign off.
• Review all revenue recognition memo prepared by Finance team.
• Manage and oversees 1-2 team members whose primary responsibility will be reparation of financial reports and invoices for billing submissions.
• From operations side, review Salesforce to ensure all grant awards are properly included and identified.
• Review and at times, preparefinancialreportsfromMIP,Concurand Adaptivesystemstomonitorgrantandcontract budgets,expenditures.
• Review and at times, prepare monthly/ quarterly / annual budget to actual analysis for all grants and contracts.
• Lead monthly meetings with program team, to review budget to actual results and identify any areas of concern related to budget management, such as, and not limited to, over/under spending, allocation issues and unallowable costs.
• Responsible for reviewing all proposed budget reallocations and budget contract modifications prior to…