Chief Financial Officer and Chief Lending Officer

Company Description:

PATF’s mission is to provide education, advocacy, and financing opportunities for people with disabilities and older Pennsylvanians, helping them acquire assistive technology devices and services to improve their quality of life. PATF is Pennsylvania’s Alternative Financing Program (AFP) as designated by the federal Assistive Technology Act, and a state-accredited and federally certified Community Development Financial Institution (CDFI). PATF serves Pennsylvanians of all ages, incomes, and disability diagnoses. Since 1998, PATF has helped over 5,000 individuals finance assistive technology by extending more than $52 million in low-interest or no-interest loans. PATF’s office is in King of Prussia, Pennsylvania.

Job Description:

The CFO supports the Chief Executive Officer by overseeing, managing, and providing strategic direction for PATF’s lending programs and finances. The CFO will directly supervise PATF’s Finance Director and its Underwriting Staff. This role requires strong interpersonal skills, operational excellence, and the ability to inspire high performance among staff. The CFO will work to ensure lending and financial excellence to ensure PATF continues to enjoy sound audits and the ability to attract funding.

As the principal advisor to the Chief Executive Officer, the CFO may act on the CEO’s behalf when needed. This full-time, executive position offers compensation between $120,000 and $140,000 depending on skills and experience, and it offers a comprehensive benefits package, including health insurance, a 403(b)-retirement plan, paid time off, and additional benefits.

Duties and Responsibilities (include but are not limited to):

  1. Program Development and Management:
    • Manage the development, implementation, and delivery of PATF’s loan programs, ensuring they meet the expectations of clients, partners, and stakeholders.
    • Analyze and enhance existing loan processes to optimize efficiency, accuracy, and overall performance.
    • Set and achieve quantitative and qualitative program goals and outcomes.
    • Oversee all financial management, reporting, payments, receipts, audits, and contract/funder reporting.
    • Serve as the primary liaison to the Board of Directors’ Finance Committee and Program and Applications Committee.
    • Develop, implement, and monitor policies, procedures, and strategic initiatives.
    • Collaborate with the CEO to devise strategies that support program growth and service delivery improvements.
    • Support other agency-wide initiatives as needed.
  2. External Relationships:
    • Manage relationships with PATF’s banking partners to ensure contract compliance, reporting accuracy, and quality assurance.
    • Collaborate with the CEO to engage with potential and existing funders regarding PATF programs and services.
    • Represent PATF at public and private events in collaboration with the staff.
    • Collaborate with program managers and directors to develop public relations, marketing, and event initiatives that enhance PATF’s visibility.
  3. Strategic Insight:
    • Support the CEO in implementing PATF’s strategic plan and identify new initiatives that align with and advance the organization’s mission.
    • Partner with the CEO to identify funding opportunities that address unmet needs, expand programs, or improve service delivery.
    • Regularly analyze PATF’s loan portfolio to ensure expected outcomes are being met.
  4. Executive Leadership:
    • Evaluate loan programs and recommend organizational changes, including filling key positions.
    • Supervise staff, ensuring integrity and inclusivity within the team environment.
    • Coordinate with the CEO to evaluate the agency’s technology and training needs.
    • Oversee agency infrastructure and collaborate with senior management to develop succession plans for key positions.
    • Lead budget development and ensure sound fiscal management.
    • Perform additional duties as assigned by the CEO.
  5. Other duties as assigned.

Required Qualifications:

  • Experience managing data housed in relational databases.
  • Experience using accounting software.
  • Superior Excel abilities.
  • Experience or ability to produce Balance Sheets/Statements of Financial Position and Income Statements/P&L/Statements of Activities.
  • Experience with or ability to produce financial reports for governing boards.
  • Proven ability to work across multiple databases and financial tracking software to ensure that loans, repayments, expenditures, loan reserves, defaults, and other activities are properly reconciled.
  • Proven ability to engage with borrowers in a way that complies with all applicable laws and regulations and delivers the highest customer service.
  • Experience with or ability to track funding sources to expenditures in a way that remains flexible to evolving needs and ensures compliance with all funding awards.
  • Proven ability to manage complex operational challenges across various organizational levels.
  • Strong written, verbal, and interpersonal communication skills, with the ability to collaborate effectively with people with disabilities, including BIPOC communities.
  • Excellent organizational, problem-solving, and analytical skills.
  • Ability to manage priorities and work effectively in a team environment.
  • Versatility and flexibility to handle changing priorities with enthusiasm.
  • Ability to work independently and as part of various teams and committees.
  • Proficiency with Microsoft Office products.
  • Creative, flexible, and innovative team player.
  • Ability to analyze statistical and financial data.

Preferred Qualifications:

  • Experience with or ability to work with banks to extend consumer loans.
  • Experience overseeing or managing direct consumer lending programs, including process improvement and compliance monitoring, or equivalent relevant experience.
  • Knowledge and experience working with the disability community.
  • Familiarity with assistive technology.
  • Knowledge of financial education.
  • Bachelor’s degree (B.A./B.S.) or equivalent; advanced degree.
  • 5-8 years of senior-level management, financial, operations, and personnel experience.
  • Demonstrated experience in supervising and motivating staff.

Physical Requirements and Work Environment:

  • Primarily works in standard office conditions.
  • May spend extended periods working at a desk and computer.
  • Some travel, mostly within Pennsylvania, is required.
  • Must hold a valid driver’s license.

PATF is an Equal Opportunity Employer (EOE). PATF is committed to a policy of non-discrimination in employment, to all employees and applicants for employment. No person shall experience discrimination in employment because of such individual’s race, religion, color, sex, age, sexual preference, national origin, or disability.

How to Apply:

If you are passionate about our mission and possess the leadership qualities to achieve results, we invite you to apply. Please send your letter of interest and resume to jobs@patf.us.