The Position and Key Priorities 

Craft3 is seeking an experienced, collaborative leader with demonstrated experience in developing high performing teams and working in a lending environment. With over $220 million in total assets, and a loan portfolio of more than 3,000 outstanding loans totaling $175 million, Craft3 is a key financial lending institution in the Pacific Northwest, and the largest CDFI loan fund in the region. 

With the rapid expansion of its loan portfolio and being in the early stages of implementing a new Strategic Plan, Craft3 is seeking a motivated individual who can help redefine its financial practices, develop robust organizational reporting, cultivate a strong team, and help lead the organization as it continues to grow and expand its impact. The CFO will oversee Craft3’s accounting, finance, financial compliance, and treasury functions. 

As a member of the Leadership Committee at Craft3, the CFO works with other executive leaders by offering expertise, strategic thinking, and diverse viewpoints to help inform and make decisions that support strong financial and operating performance. The CFO is the key member of executive leadership team providing staffing for: (a) the Finance Committee of the Board of Directors as it performs its roles and responsibilities, including its review and approval of Craft3’s annual budget and Finance’s policies,  monitors financial performance to plan, and authorizes certain treasury and investment activities in compliance with organizational policies; and (b) the Audit and Enterprise Risk Management Committee of the Board of Directors in connection with Craft3’s engagement with its independent auditors. 

Key Priorities 

• Build a sustainable organizational structure and cohesive team by implementing and supporting a new structure for the Finance business unit that aligns with Craft3’s budgetary and strategic goals. Oversee the performance, training, goal-setting, and accountability metrics for staff to succeed. Communicate expectations clearly and effectively manage the business unit’s change processes as Craft3 continues to evolve. 

• Develop financial operations by implementing systems, processes, and internal controls essential to consistently generating timely, accurate, and actionable financial data and reporting. Provide guidance in developing and producing the key metrics, analysis, and reporting needed for Craft3’s Leadership Committee and Board of Directors. 

• Integrate financial planning & forecasting across the organization by working collaboratively with all business units, and developing business unit level financials, ratios, and forecasts that allow leaders across the organization to make financially sustainable decisions as they develop new products.   

• Evaluate and optimize the financial performance of a diverse range of products offered by Craft3 and suggest opportunities for the organization to increase or reduce certain aspects of its loan portfolio and operations for future growth and sustainability. 

• Lead financial planning and work in collaboration with the Leadership Committee, Board of Directors, and staff, to assist in the implementation of Craft3’s Strategic Plan, including the development of a long-term financial and operating plan that accounts for effective capital acquisition and deployment, an efficient staffing structure, improved communication, and successful design and delivery of Craft3’s product lines and services. 

• Improve financial tracking and reporting systems including informing decision making around and leading implementation of a new enterprise resource planning system to reduce manual entries, integrate financial and loan systems of record, improve timely and effective financial planning, reporting, and forecasting for leadership.  

• Collaborate and partner with the CEO and other members of the Leadership Committee to drive a growing, financially sustainable organization in meeting and exceeding its strategic objectives.