Chief Financial Officer
Company: Para Los Ni--os
Location: Los Angeles
Posted on: April 26, 2024
Job Description:
ORGANIZATIONFounded on Skid Row in 1980, Para Los Ni--os (PLN)
provides education and wraparound support, serving over 10,000
children, youth, and families annually in some of the most
underserved areas in Los Angeles. PLN fosters pathways to success
by striving for excellence in education, family support,
comprehensive social-emotional, and community-based services. The
organization has a total budget of more than $50M and 430 plus
staff members. Through early education, TK-8th grade education,
youth workforce services, and family and community services PLN's
model provides a comprehensive, holistic approach to break the
cycle of poverty and help children and youth thrive. -For more
information about Para Los Ni--os please visit . -OPPORTUNITYAs a
member of the Executive Team and reporting directly to the CEO, the
Chief Financial Officer (CFO) provides strategic leadership in the
management of PLN's finance and accounting functions and directly
manages PLN's relationships with lending institutions and the
financial community. The CFO partners with the CEO, Executive Team,
and the Board of Directors to give financial guidance and analysis
in support of programmatic priorities, fundraising initiatives and
long-term strategic planning. The CFO must be a strategic thinker
and visionary financial leader who can work closely with board
members and senior management to provide the numbers and analysis
that helps them make the best short- and long-term decisions to
ensure a financially thriving organization. This individual will
also manage a highly competent and long tenured finance team and
will be responsible for individual and team professional growth and
development. -RESPONSIBILITIESKey Responsibilities of the Chief
Financial Officer include:Accounting & Administration
- Provide oversight for overall department functions to ensure
proper maintenance of all accounting systems and functions;
supervise PLN's finance staff. -
- Lead the management and coordination of multiple complex
revenue streams. -
- Ensure maintenance of appropriate internal controls and
financial procedures. -
- Ensure timeliness, accuracy, and compliance of financial and
management reporting for federal and state funders, foundations,
and PLN's Board of Directors.
- Coordinate audits and proper filing of tax returns. -
- Ensure legal and regulatory compliance regarding all contracts
and financial functions. -
- Build department/program leaders' capacity as budget owners. -
Finance
- Oversee cash flow planning, cash investment and asset
management, and banking relationships. -
- Build relationships with Board and Finance Committee members,
public agency representatives, auditors, lenders, and insurers.
-
- Oversee contract management, ensuring compliance and accuracy
for all government and other contracts, and manages outsourcing of
finance functions, as needed. -
- Develop and implement financial policies and procedures to
maintain compliance with state and federal regulations. -
- Facilitate the preparation and presentation of monthly budget
reporting and annual budget projections. -
- Lead, in partnership with the Board Audit Committee, annual
financial audits. - Strategic Leadership
- Oversee all fiscal and fiduciary responsibilities, in
partnership with the CEO, Finance and Audit Committees of the Board
of Directors. -
- Set direction for the Board's Finance and Audit Committees.
-
- Lead the vision and effectively communicate on long-term
financial planning, forecasting, modeling, and organizational asset
management. -
- Develop and utilize forward-looking, predictive models and
activity-based financial analyses to provide insight into the
organization's operations and business plans. -
- Assess financial implications of potential strategic and growth
opportunities. -
- Develop and maintain PLN's annual budget and multi-year
financial plan to ensure long-term financial health. -
- Continuously improve the quality and effectiveness of PLN's
financial operations and internal controls; develop, implement, and
regularly monitor financial goals -and track, analyze and report
metrics. - People Management & Development -
- Ensure that the Finance team members are equipped to excel in
their roles, develop professionally, and have a positive Para Los
Ninos work experience. -
- Oversee hiring, onboarding, coaching, performance management,
and talent development of Finance team. -
- Promote ongoing learning and development across the Finance
team by identifying team areas for growth and collaboration. -
- Foster a positive team culture and facilitate staff engagement
by effectively connecting tasks to mission, impact, and promoting a
team practice of feedback, accountability, and celebrating success.
- Board Relations & Reporting
- Report on the financial performance of the organization to the
Board of Directors, including regular updates on budget
performance, forecasts, and financial risks and opportunities.
-
- Represent the organization at internal and external events and
meetings, providing financial guidance and support as needed. -
Planning, Policy & Funder Relations
- Working in partnership with schools, programs, and operations
management, develops and monitors budgets, financial business plans
and forecasts;
- Participate in policy development as a member of the executive
team;
- Work with the CEO to engage the Board Finance Committee to
develop short-, medium-, and long-term financial plans and
projections;
- Lead, in partnership with the Board Audit Committee, annual
financial audits;
- Represent the company to financial partners, including
financial institutions, government funders, foundation executives,
auditors, public officials, and finance and payroll outsourcing
companies. Risk Management
- Develop and maintain a comprehensive risk assessment
framework.OUR EXPECTATIONSCandidates for employment at Para Los
Ni--os, regardless of position, will consistently demonstrate the
following:
- Belief in the Para Los Ni--os mission and a deep commitment to
the success of children and families served by PLN;
- Commitment to excellence and high standards - for self,
clients/students, and colleagues;
- Continuous learning by engaging in reflection, self-assessment,
and professional development;
- Data-driven decision-making for continuous improvement;
- Ability to collaborate effectively with team members;
- Self-motivation and initiative with solutions-oriented
disposition;
- Belief in and ability to develop respectful relationships with
parents and children marked by sensitivity to the students'
cultural and socioeconomic characteristics;
- Excellent oral and written communication skills;
- Comfort with Microsoft Office and a curiosity and propensity to
push own adoption of new technology and approaches. In order to
fulfill these responsibilities, the ideal Chief Financial Officer
candidate will be/have:
- Bachelor's degree in accounting, finance or related field
required. MBA and/or CPA preferred.
- At least 10 years of experience in financial management or
accounting for complex transactions, and 5 years in a senior
finance role.
- Experience in finance or accounting for non-profit entities at
CFO or senior management level strongly preferred.
- Strategic-minded individual with the operational background to
execute and drive performance.
- A proven track record of successful financial management,
including experience developing and implementing financial
strategies, managing budgets, and overseeing financial reporting
and compliance.
- Strong leadership and management skills with experience
building and leading high-performing teams and a passionate
interest in mentoring others.
- Exceptional attention to detail and quality control.
- Excellent analytical, problem-solving, and decision-making
skills.
- Strong communication, interpersonal and negotiation
skills.
- Passion for the mission and work of the organization. This
position offers a competitive salary range of $199,642 - $249,553,
and robust benefits including medical, dental, and retirement. More
details can be provided upon request.TO APPLYFor additional
questions about this position or to speak with someone about your
interest, please contact Brett Kunsch at
bkunsch@edgilityconsulting.com or Corina Hopson at
chopson@edgilityconsulting.com.Para Los Ni--os is an Equal
Employment Opportunity Employer. It is the established policy of
Para Los Ni--os (PLN) to provide equal employment and advancement
opportunities to all qualified applicants and employees without
discrimination with regard to race, religious belief (including
dress or grooming practices), color, sex, sex stereotype,
pregnancy, childbirth or related medical conditions (including
breastfeeding), age, national origin (including possessing a
driver's license issued under Vehicle Code - 12801.9), ancestry,
sexual orientation, gender identification and expression,
transgender status, physical or mental disability, medical
condition, genetic characteristics, genetic information, family
care, marital status, enrollment in any public assistance program,
status as military, a veteran or qualified disabled veteran, status
as an unpaid intern or volunteer, or any other classification
protected by law. PLN also prohibits discrimination based on the
perception that anyone has any of those characteristics or is
associated with a person who has or is perceived as having any of
those characteristics.
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Keywords: Para Los Ni--os, Alhambra , Chief Financial Officer, Accounting, Auditing , Los Angeles, California
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