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JOB SUMMARY: Under the general supervision of the President & CEO, the Chief Financial Officer (CFO) provides strategic leadership and vision to the Finance Department. The CFO oversees all accounting functions, ensures accurate and timely program monitoring and annual audits, and provides regular financial reports to the Board of Directors. The CFO serves as liaison to the Board of Directors Finance and Audit Committees and as a trusted collaborator and thought partner with the CEO and Executive Team. This is the ideal position for an experienced mission-driven finance leader (e.g., Controller, Director of Finance) ready to take the next step in their career.
ESSENTIAL FUNCTIONS:
1. Manages and oversees all financial operations including but not limited to accounting, forecasting, budgeting, payroll, investments, grants management/ invoicing, and scenario planning to safeguard the ongoing sustainability of the organization.
2. Ensures all financial operations comply with local, state, and federal laws; updates finance policies as needed and provides training to relevant agency staff to ensure compliance. Manages internal controls, conducts internal audits and reconciliations to identify any gaps or red flags.
3. Ensures all required filings (including but not limited to payroll taxes; sales & use tax; property tax, forms 990, 199, RRF-1, etc.) timely and accurately.
4. Participates in revenue planning and development of grant budgets, optimization of resources, identification of areas of risk and potential solutions to mitigate them.
5. Ensures there are documented standard operating procedures to support program implementation and maintains agency Finance Manual to reflect any changes in agency procedures or accounting standards.
6. Oversees all agency banking activities and actively manages cash flow to meet agency needs. Alerts the President & CEO to any potential shortfalls and to plan alternatives.
7. Serves as primary contact for independent auditors to ensure annual audit is completed timely; cooperates with funder audits and prepares corrective action plans, if needed.
8. Prepares monthly financial reports and periodic forecasts for the agency overall and for individual programs/functional areas; develops and presents quarterly and ad hoc financial reports for the Finance Committee and Board of Directors.
9. Oversees preparation of financial reports required for funders in cooperation with the development team; ensures that complete and accurate cost reimbursement and fee for service invoices are submitted timely.
10. In collaboration with MEND’s investment managers and in conformance with the Board approved investment policy statement (IPS), monitors, tracks, and reports on investment performance monthly, quarterly, and annually.
11. Monitors grant spending to ensure compliance with grant requirements, applicable codes of federal regulations, or other oversight body to ensure satisfactory audits and avoid disallowed costs. Prepares final budget reports for grants.
12. Leads preparation of annual program and agency budgets in partnership with Executive and Senior Leadership teams.
13. Serves as a member of the Executive Team and serves as liaison to the MEND’s Finance Committee and Board of Directors. Provides input on agency strategy and is responsible for achieving relevant strategic goals,
14. Leads implementation of accounting, payroll, and timekeeping software.
15. Other duties as assigned.
QUALIFICATIONS:
TIME COMMITMENT: Full-time; may include some evening and weekends and local travel.
To apply, please submit resume and include a cover letter that describes how your experience meets all the requirements of the position. Applicants who do not submit a cover letter will not be considered. Position open until filled.
The above statements reflect the essential functions considered necessary to describe the principal content of the job. They are not intended to be a complete statement of all work requirements or duties that may be inherent in the job. MEND is an equal opportunity employer.
Full Time
Social & Legal Services
$382k-650k (estimate)
08/11/2024
10/09/2024
mendpoverty.org
PACOIMA, CA
50 - 100
1972
Private
MARIANNE HILL
$5M - $10M
Social & Legal Services
The job skills required for Chief Financial Officer (Nonprofit Experience Required) include Accounting, Leadership, Planning, Internal Control, Budgeting, Forecasting, etc. Having related job skills and expertise will give you an advantage when applying to be a Chief Financial Officer (Nonprofit Experience Required). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Chief Financial Officer (Nonprofit Experience Required). Select any job title you are interested in and start to search job requirements.