Social Finance Director
Come and join a dynamic team as we deepen and expand our work supporting sustainable and impactful nonprofits and social enterprises! If you are a person who thrives on building and supporting a team, using your finance, analytical thinking, writing and research skills to create real social impact, and are seeking to build real solutions for changemakers in this new era, the role of Social Finance Director could be a match.
This position is a leadership position in a dynamic and ambitious social enterprise in high-growth mode. You would be a key member of the organization’s brain trust with a significant level of client-facing work and thought leadership at 20 Degrees and beyond. This role includes the opportunity and responsibility to ensure the evolution and scalability of 20 Degrees’ innovative tools and processes that are deployed directly as well as through our subsidiary, Enterprise Capital Institute. The Social Finance Director job is perfect for someone who has leadership experience and wants to be a key member of a small executive team leading a rapidly expanding social enterprise that thrives on responding to sector-level needs with thoughtful, tested and structured tools and processes.
In this role you will lead our Social Finance Team, report to the President and serve as a part of the executive team. Your experience in people management, nonprofit revenue (development and earned revenue) and finance, will be paired with your ability to drive strategy and support an incredibly talented and growing team. You will drive the ongoing product roadmap in the social finance practice. When you are successful, your team will feel supported and nonprofit and social enterprise clients will use our tools and approaches to create lasting financial sustainability.
We are building a rocketship here. We are doing this because the moment is asking for better solutions to nonprofit leaders’ need for innovation around actual sustainability. 20 Degrees has built a strong foundation during the first five years of operation and now, we are seeking someone who can help us drive forward in impact in the next organizational chapter.
Essential Responsibilities
- Business Line Management (40%)
- Assessment, Financial Models and Earned Revenue Deliverable (50%): Complete client-facing deliverables of 20 Degrees three core products: assessment, models and earned revenue. Expectation is that the Director will both do some of the work and support their team in completing the majority of deliverables as well.
- Product evolution (30%): Overseeing, collecting and integrating team and client feedback alongside data and materials (e.g., documents, impact data and financials), you would guide the continued standardization and replicability of the core products into tools, templates, and processes.
- Client relationship management (20%): You would serve as the senior presence in most client-facing relationships and would support the team in meeting and exceeding client expectations.
- Assist with business development opportunities, as needed, in order to align with impact and quality goals.
What Success Looks Like in This Role
Success will be judged first and foremost with how well your team is able to deliver and evolve our three core offerings in social finance: 20 Degrees signature revenue assessment, a set of core financial models and the 20 Degrees Earned Revenue Intensive process. We will look to you to be a leader in this critical business practice, providing leadership and driving the organization’s impact to the next level as we seek to scale our impact in the coming years. Your goal is to ensure the team is able perform essential projects with a strong attention to detail and ensure our work with individual clients roll up to a larger sector-wide impact.
The job is fast-paced and success will require an ability to thrive in the big picture and small details. You will be asked to diligently manage multiple project items at once with light supervision and deep collaboration with the co-founders and your team.
Doing well in this job means delivering with the team on assigned projects and initiatives. We seek processes and workflows that are efficient, reflective of our culture as scarcity slayers and contributing to an overall impact footprint.
Qualifications that Make You a Star
- Having 10+ years of experience with nonprofits as a senior leader or as a consultant with a fundraising/development and/or a finance focus.
- Demonstrated experience in growing programs, with a preference for experience building tools and standardized approaches, with an eye towards expanded impact. Tech experience is a plus.
- 6+ years of experience managing a team, with a strong preference for experience with virtual leadership.
- A desire and ability to serve as a technical coach and extra hands when the work requires it.
- Demonstrated experience with building financial models and launching earned revenue in a nonprofit context. This includes but is not limited to: three statement models, break even analysis, scenario planning, and sensitivity analysis.
- A passion for impact ranging from data analysis to storytelling.
- Experience with Google Suite, especially Google Slides, Sheets, and Docs and our key project management software, Monday.com or a similar project management software.
- Proven presentation and public speaking skills in both small and large group settings.
- Experience with creating systems while deploying services.
- Demonstrated ability and experience to self-manage and collaborate in a fast-paced, remote-based work culture.
What Else You’ll Bring to the Table to Enable Success
- Keen interest in better understanding nonprofits and the ways they are funded.
- Desire to be in a fast-paced, remote-first workplace that’s growing and still figuring out some of its processes.
- Demonstrated ability to coach team members learning and growing in technical skills.
- Openness to using and improving on the 20 Degrees way of doing things.
- Determination to find good answers, even when things aren’t super clear.
- Willingness to talk about racial equity as it relates to 20 Degrees, nonprofits, money, and current events. We’re all about learning and growing together.
- Experience working with boards of directors of nonprofits.
Extra Kudos if You Bring
- Knowledge of innovative funding for social change.
- Issue expertise in early childhood education, arts, workforce, youth development, social services, and/or education areas of the nonprofit sector.
- Volunteer board of directors experience with nonprofits.
Additional Information
This salaried position is 100% virtual and full-time. Potential for 5-10% travel. Open to anywhere in the United States, with a preference to candidates located in DC, Maryland, Virginia, Minneapolis/St. Paul or South Carolina. Willingness and ability to work with the Eastern Time Zone is necessary. Co-Founders are located in Washington, DC, and we have clients and colleagues across the United States. Base compensation packages range between $125,000 to $150,000 and also includes additional variable comp including profit share and individual bonus. Generous benefits include health insurance, 401(k) match, paid vacation, strong culture and professional development opportunities.
20 Degrees is an equal opportunity employer. We believe in the power of diversity and are committed to creating an inclusive environment in which all employees can thrive. If you are concerned you don’t match the qualifications for this job description exactly, and you have a passion for our mission, please consider applying. We welcome diverse thinking and experiences!
About 20 Degrees
20 Degrees is a consulting firm specializing in helping mission-oriented organizations diversify revenue and strengthen financial resilience. The company’s revenue work as well as its COVID-19 Toolkit for Nonprofit Leaders has been featured by The Washington Post, WAMU, Impact Alpha, Chronicle of Philanthropy and numerous other impact news outlets. With over 35 years of development, investing and business strategy experience, the firm is an emerging leader in implementing innovative financing and revenue tools for nonprofits and social enterprises. Our method, process and toolkit for guiding nonprofits has been well received by clients and validated by external stakeholders, including funders, press and social impact thought leaders.
Applications will be reviewed on a rolling basis beginning November 27, 2023.