June 1: 5 Things You Need to Know this Week
June 1, 2021
Photo of the Week: Congratulations to Oklahoma State University’s Introductory Tribal Finance and Accounting Certificate Program for receiving the Education Program of the Year Award during the 2021 NAFOA Leadership Awards. Watch their acceptance video.
FISCAL RECOVERY FUND DEADLINES EXTENDED 2 WEEKS
The Department of the Treasury announced a 2-week extension for tribal governments to submit their requests for payments from the $20 billion tribal portion of the State and Local Fiscal Recovery Fund. The extension is due to numerous requests from tribal leaders experiencing technical issues.
While the deadline has been extended, it is crucial that tribal governments complete the process of requesting payments from the Treasury Submission Portal as soon as possible in order to receive their share of the funds.
The deadline to request the first payment is now Monday, June 7, 2021 at 11:59 pm PST.
NAFOA SEEKS JUNIOR RAIL DEVELOPER
NAFOA is seeking a Junior Developer interested in joining a team developing modern solutions for a rapidly growing non-profit dedicated to advancing tribal economies. The ideal candidate will be a creative problem solver and have some experience in coding and web development. Learn more and apply at www.nafoa.org/jobs.
NAFOA IS SEEKING A SENIOR POLICY ADVISOR
The Senior Policy Advisor (“SPA”) is responsible for both managing and supervising the legislative and economic policy practice areas of NAFOA’s operation. As a manager, the SPA will make essential decisions that affect all aspects of NAFOA’s legislative policy practice area, including the formulation, development, and advocacy of federal Indian policies in the fields of tax, finance, investment, banking, infrastructure, and common sectors such as energy, gaming, and government contracting, as well as issues related to land use, among others.
In addition to their supervisory duties, the SPA will participate in researching and advising NAFOA on legislative policy matters impacting Indian Country including, but not limited to tax, finance, investment, banking, infrastructure, and common sectors such as energy, gaming, and government contracting, as well as issues related to land use.
4. FOR STUDENTS:
MANAGEMENT LEADERSHIP FOR TOMORROW - MBA PREP ACCELERATED PROGRAM
For more than a decade, Management Leadership for Tomorrow's (MLT) winning career playbook combined with superior coaching has enabled thousands of underrepresented minorities to access America’s top business schools and corporations.
MLT is seeking young people who are talented, ambitious, hardworking, and scrappy— people who have a sincere desire to change the world. MLT's MBA Prep program is the next step in the journey toward senior business leadership.
Apply by July 16th for Round 2 of the MBAP Accelerated program. Admissions decisions will be sent on a rolling basis, applicants will start the MBAP Accelerated program on a rolling basis.
5. IN THE NAFOA NAVIGATOR:
2020 HINDSIGHT: FIVE LESSONS AS WE APPROACH 2021
By Bob Arth, EVP and Northeast Region Executive, Global Commercial Banking, Bank of America
While many companies are still dealing with the acute impacts of the economic and social disruption of 2020, innovative companies will apply what they’ve learned to excel in 2021. Here are five ways that companies can build resilience, and weather future challenges, while being better positioned to capitalize on emerging opportunities.
Financial discipline isn’t just for hard times
A thorough, proactive review of internal processes and key relationships can help protect your company. For example,cash flow issues are a common source of business failure, so it’s important to examine your supply chain and customer base for vulnerabilities that could impact your business and review customer payments to identify issues before they become larger problems.
Read more in the Spring 2021 NAFOA Navigator (page 103-104).