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First Place for Youth · 23 hours ago

Chief Financial Officer

LA Metro Area

Full-time

Hybrid

Director/Executive

$0/yr - $230K/yr

8+ years exp

First Place for Youth is a nonprofit organization dedicated to supporting and mentoring foster youth. The Chief Financial Officer will provide strategic financial leadership, overseeing the finance department, managing budgeting processes, and ensuring compliance while contributing to the organization's mission and future expansion.

Non Profit

Hiring Manager

Mary Law

Responsibilities

Advise CEO and key members of senior management on finances including planning, budgeting, cash flow and policy matters

Serve as the management liaison to the board finance and audit committees; effectively communicate and present critical financial statements at select board of director and finance committee meetings

Refine systems for generating real-time forecasts and other financial tools to support the organization in making sound business decisions, especially with regard to scaling, developing philanthropic support, and building capacity to review programs from a budgeting perspective

Contribute to the development of strategic goals and objectives and to the overall management of First Place for Youth

Lead proactive communications efforts to keep the CEO, Executive Team, and board continuously up to date on the financial status of the organization and drive momentum on new initiatives

Represent the organization externally as necessary, particularly with respect to banking, insurance and lease negotiations for all First-Place offices

Create systems to produce accurate and timely information on the financial status of all programs and departments upon request, including reports that enable First Place directors and managers to monitor and manage their own departmental, team or project budgets

Plan, coordinate, and execute the annual budget process. Lead the development of annual planning tools and systems that encompass broader strategic goals

Improve administrative and accounting services such as treasury management, 401K plans, grants payment processing, payroll, accounts payable, and purchasing

Ensure accuracy and compliance with First Place accounting policies and procedures as well as regulatory compliance. Oversee the annual audit and ensure a clean opinion

Provide administrative services and record keeping as well as internal and external client and bank relations for business lines of credit. Manage liability of extended credit

Provide strategic planning, operational and budgetary oversight and management of Information Technology (IT) functions ensuring alignment between organization's overall strategic plan and IT projects and processes

Oversee First Place's physical infrastructure, including maintenance and upkeep of the facilities, lease negotiation, office allocation, building renovations or upgrades. Seek to use environmentally sustainable building materials, processes, tools and supplies

Give effective individual and team leadership to the agency's administrative function, ensuring excellent customer service to people both inside and outside First Place

Oversee planning, maintenance and implementation of First Place safety and security protocols

Provide cross-functional support for the work of the Program Team regarding general facilities oversight by reviewing building maintenance procedures, supporting effective vendor management, addressing complaints by city regulators, ensuring accurate and timely payment of rents and fees, and assisting the resolution of any significant issues, as needed

Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer all aspects of employee relations for assigned staff

Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and customer service

Ensure that staff members receive timely and appropriate training

Qualification

Financial leadershipNonprofit experienceBudget developmentFinancial modelingGAAP knowledgeFASB knowledgeInternal controlsDetail orientationCommunication skillsProblem-solvingTeam leadership

Required

A mission-driven individual with a belief in and commitment to First Place, and an affinity to working with foster care youth transitioning to adulthood

Proven senior-level managerial and operational experience, problem solving, and financial experience in the nonprofit sector; executive experience in similarly sized public or private sector organizations

Exceptional oral and written communication skills, including the demonstrated ability to research, assimilate and analyze information, compose documents, and present data in a clear and concise manner to appropriate personnel, including top management, program staff and/or Board of Directors

Aptitude for gathering and evaluating financial information and making actionable recommendations to senior leadership

Familiarity with managing a variety of sources of grants and contracts, and gathering accurate financial data for government and foundation grant proposals and reports

Experience leading budget development, financial modeling and forecasting processes in an organization with multiple sites and diverse funding streams

Comprehensive and expert knowledge of internal controls, FASB, GAAP, government accounting policies, cost allocation procedures and fund accounting is desirable

Sophisticated leadership skills and presence developed through a minimum of eight to ten years of progressive financial leadership experience, preferably in a high-growth, best-in-class organization with a youth-facing and/or direct service focus

Demonstrated values-based leadership and the highest levels of personal and professional integrity

Exemplary people management skills, with the ability to link the development of people with achievement of organizational outcomes

Strong cross-functional capacity to both lead and participate across teams to define issues and agree on processes, strategies and outcomes

Strongly results-driven with detail orientation; demonstrated ability to think strategically while executing tactically within a resource-constrained environment

Ability to either take direction or work independently as the situation requires