• Cumberland Area Economic Development Corporation
  • Serving Cumberland County
  • Pennsylvania’s destination for business and leisure
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CAEDC is hiring a Program Finance & Grants Compliance Manager

Position: Program Finance & Grants Compliance Manager
Reports to: Director of Finance and Administration
Classification: Exempt

The Program Finance & Grants Compliance Manager is responsible for financing activity related to business lending, grant writing, administration and compliance, audit and Special Program or Project support. This position supports the Director of Economic Development with loan and public funding grant processes and the Director of Real Estate Development for all CAEDC or REC owned projects with public funding support. This position supports CAEDC’s finance committee, the Real Estate Collaborative (REC), the CCIDA Board of Directors, and the Cumberland-York Area Local Defense Group (CYALDG).

Company Core Values:
• Partner-Centric
• Accountable
• Integrity
• Results Driven
• Education
• Innovative

Essential Functions:
• Maintains current knowledge about state and federal grant/loan programs, funding guidelines, and requirements for programs relevant to CAEDC, CCIDA, and REC including but not limited to RACP, BOS, ISRP, various DCED CFA funds, PennDOT MTF, PMCEC and other specialized programs utilized intermittently.
• Manages grant portfolios for CAEDC, CCIDA, and REC including grant writing/submissions, financial administration, compliance, closeout, and final audit.
• Manages a CYALDG grant portfolio in coordination with the PA Military Community Enhancement Commission (PMCEC) including grant writing/submissions, financial administration, compliance, closeout, and final audit.
• Analyzes funding eligibility data required for large-scale Commonwealth or countywide grant and loan programs including reviews of business applications, tax returns and financial statements.
• Manages the business loan process and CAEDC portfolio. Maintains a working knowledge of CAEDC’s Underwriting and Portfolio Best Practices Manual and finance committee approved fee structure.
• Utilizes International Economic Development Council (IEDC) lending best practices including Economic Development Credit Analysis and other generally accepted loan underwriting principles and models.
• Executes all loan underwriting activity, ensures receipt of all loan support documents, develops and presents the credit memo to the Finance Committee, coordinates the loan packaging and delivery to the closing attorney(s) or state agency. Participates in private-funding closings with attorneys.
• Provides loan/grant inquiry intake and relationship management in the absence of the Director of Economic Development.
• Directs all aspects of annual loan compliance. Begins account collection engagement when necessary, escalating if needed.
• Manages all aspects of the CCIDA’s finances and administration. Utilizes QuickBooks accounting software to prepare and present monthly financial statements, maintains transaction records, and adheres to accepted accounting principles. Attends monthly board meetings, records meeting minutes, and is the single point of contact for all requests required to support the CCIDA Board of Directors.• All other duties as assigned.

High Level Job Duties:
• Business Financing (40%)
• Grant Application, Administration and Compliance (40%)
• CCIDA (20%)

Decision Making:
Acts within established policy and procedures.

Core Competencies:
Cooperation / Teamwork
Planning / Organization
Financial / Analytical
Bachelor’s degree or equivalent from a four-year college or university in Business or related field and two years of experience in a project management or grant administration role.

Language Skills:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions of managers, clients, customers, and the general public.

Mathematical Skills:
Basic Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability:
High Skills: Ability to solve practical problems and deal with a variety of concrete variable in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Certifications or Licenses:
Transportation available to meet job requirements

Other Skills & Abilities:
Ability to assess and interpret financial information for loan underwriting activities.
Ability to balance multiple priorities and meet needs of varying internal and external customers.
Proficiency with all MS Office applications and familiarity with customer relationship management systems.
Ability to handle confidential information and must ensure protection of sensitive information.
High level of attention to detail accuracy and follow through.

Physical Environment:
Working conditions are typical of an office environment. Work requires the ability to sit and stand throughout an extended workday (8-10 hours); position requires use of fingers, hands and arms on a consistent basis for keyboarding and phone work; position requires the ability to talk and hear; position may need to lift up to 25 pounds on occasion; excellent vision skills (with or without correction) are required. The noise level is consistent with a standard office.

Please submit resumes or questions to Lori Lightly at [email protected].

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