Hope Cooperative · 1 week ago
Chief Financial Officer (CFO)
Sacramento, CA, US
Full-time
Onsite
Director/Executive
$190K/yr - $220K/yr
10+ years expHope Cooperative is a well-respected, award-winning nonprofit providing comprehensive mental health and supportive housing services throughout Sacramento County. The Chief Financial Officer (CFO) oversees the financial, banking, budgeting, and accounting functions of the Agency and its affiliated entities, ensuring compliance and sound financial practices across a multi-entity organizational structure.
Health CareMental HealthNon ProfitProperty ManagementSocial
Responsibilities
Perform accounting, maintain documentation, and prepare reports related to administration of the Employee Retirement Plan sponsored by the Agency, including the review and approval of the annual IRS Form 990
Oversee financial governance and compliance for affiliated legal entities, including LLCs, ensuring alignment with Agency policies, regulatory requirements, and best practices
In partnership with the Leadership Team, act as a fiduciary to the Agency’s Profit Sharing Plan and Trust/401(k) Retirement Plans
Serve as liaison to the Board of Directors’ Finance Committee, including preparing meeting agendas and related materials
Negotiate and oversee financial relationships with lenders and banking institutions
Prepare budgets and budget revisions, including preparation of detailed schedules supporting budget line items
Make recommendations for budget revisions where appropriate
Ensure complete, accurate, and up-to-date financial records (including general ledger and sub-ledgers) are maintained on all accounting activities of the Agency
Ensure the Accounting Department is prepared for all audits and site visits conducted by funding oversight agencies and independent auditor(s)
Review and approve all cash receipts entries, accounts payable coding and journal entries, and initiate such entries when necessary
Analyze/reconcile general ledger accounts and adjust as necessary
Prepare cash flow analysis as needed. Monitor bank balances
Establish and supervise accounting and financial control policies and procedures for fund-raising events
Manage all Agency credit cards and vendor accounts
Meet regularly with the CEO for consultation to review the Fiscal Department’s activities and progress related to the Agency’s financial goals and objectives
Develop, supervise and modify accounting methods and procedures to conform with GAAP, the regulations of the Agency’s multiple funding sources, and recommendations of the company’s auditing firm
Assist in the preparation of proposals and grant writing
Ensure confidentiality and compliance with Agency HIPAA Privacy Policies
Prepare accurate and timely accrual basis, GAAP financial statements, with budget-to-actual variances, for distribution to managers, administrative staff, Board of Directors/Finance Committee, funding agencies, and other interested parties
Prepare monthly Agency financial statements for distribution to management and the Board of Directors
Prepare monthly budget-to-actual program financial statements for managers
Prepare/supervise preparation of claims, semi-annual and annual cost reports as required by funding sources
Develop and prepare other financial management reports as necessary for and requested by Agency management
Ensure the completion and accuracy of reports to funding sources, and review documentation to ensure Agency and Funding Source standards are being met
Review annual filings (990, 199, CT-2) prepared by an outside CPA for the Agency and affiliated entities, as applicable
Prepare or review all necessary filings required by regulatory agencies including: quarterly federal and state payroll tax and retirement plan returns (DE 3's and 941's, etc.), and other filings which may arise as the Agency grows
Complete all necessary forms and paperwork required by the programs on a timely basis (e.g., Federal forms, State/County forms, etc.)
Oversee and coordinate all federal, state, and local tax filings for the Agency and its affiliated LLCs, including multi-entity and multi-jurisdictional requirements
Ensure timely and accurate filings and ongoing compliance with the California Franchise Tax Board, Secretary of State, and other applicable regulatory agencies for all entities
Manage the flow of information and coordination with external tax advisors and CPAs related to complex organizational and entity-specific tax matters
Monitor regulatory changes and ensure ongoing compliance as the Agency’s organizational and legal structure evolves
Serve as a strategic financial leader during a period of organizational growth that includes multiple affiliated legal entities and mission-driven property assets
Support the CEO and Board in understanding the financial, tax, and compliance implications of organizational structure, affiliated entities, and long-term asset stewardship
Provide accounting orientation and training for all new Agency staff
Write new procedures and/or policies approved by the CEO
Develop, implement and update accounting and reporting systems in the Agency’s Procedures Manual
Assist the Leadership Team with assigned organizational development activities including mergers, acquisitions, and other major projects including expansions/reductions and related reorganization activities
Hire and supervise consultants as necessary to carry out accounting, financial, and other tasks as appropriate
Attend Leadership Team and Managers Meetings, County and other meetings, trainings, seminars and professional skills development programs inside and outside the Agency as needed and/or required
Coordinate, or assist in, special research or management information projects as assigned by the CEO, including collecting data, creating, preparing and distributing various types of reports for evaluation purposes
Participate in Agency-wide group activities
Travel to other program sites and destinations when necessary
Supervise all functions related to the Agency’s automated accounting system
Conduct supervisory meetings and supervise assigned staff indicated on Agency’s Organizational Chart
Coordinate staff schedules, ensuring appropriate department coverage
Assess, train, and support direct reports to ensure quality services
Conduct regularly scheduled performance evaluations on each supervisee according to personnel policies
Ensure and/or provide needed and required orientation and training to staff
Ensure completion of, review and approve mileage sheets, petty cash vouchers, budget requests and related program expenses, keeping within budget limitations
Qualification
Required
Ten or more (10+) years of experience in fiscal budgeting
Five (5) years of demonstrated experience organizing and supervising all activities in an Accounting Department, including managing automated accounting systems (accounts payable, accounts receivable, and payroll processing software, general ledger and electronic spreadsheets)
Five (5) years of demonstrated experience supervising, delegating and providing leadership to staff
Five (5) years of experience in a fund accounting environment, preferably a government funded agency
Thorough knowledge of Generally Accepted Accounting Principles (GAAP) and accounting standards specific to not-for-profit organizations
Provide own vehicle, possess a valid California Driver's License and current vehicle insurance. Driving record must meet, and continue to meet the generalized driving guidelines used by our insurance broker
Ability to pass clearance of various agencies including but not limited to, the Department of Justice, the Federal Bureau of Investigation, the Department of Motor Vehicles, a third party consumer reporting agency, and, perhaps, other agencies
Preferred
Non-profit experience is highly desired
Experience working in a social services setting is desirable
Certified Public Accountant (CPA) License preferred
Consumer of mental health services or a family member of a mental health consumer desirable
Benefits
21 PTO days per year (4 weeks & 1 day)
26 PTO days after the 5th year (5 weeks & 1 day)
6 days paid sick time
11 paid holidays
1 Personal Day
Leadership Development
Reimbursements
Eligible for Government Loan Forgiveness Programs
Employer-paid health insurance for employees and children (Kaiser, Sutter or Western Health Advantage)
HSA Contributions
Flexible Spending Account
401k match
PTO Cash Out
Voluntary Dental, Vision, Life Insurance, Accident Insurance, Disability Insurance and more
Employee Assistance Program
Regular wage step scale increases
Flexible start/end times for some positions
IPhone with unlimited data for personal/professional use and laptop for some positions
Clinical Supervision towards licensure (for certain positions and upon approval)
CEU days for certain positions
Up to $500 CEU allowance for certain positions
Annual BBQ and staff appreciation awards
Annual Gift Card Program
Referral Bonuses
Company
Hope Cooperative
Hope Cooperative is a nonprofit organization that offers mental health and supportive housing services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$2.6MKey Investors
Health Net
2025-06-03Grant· $2.6M
Leadership Team
Erin Johansen
Chief Executive Officer
Karen Dolce
Chief Financial Officer
Recent News
2025-05-08
Sacramento Business Journal
2025-03-06
Company data provided by crunchbase