Title: Vice President, Chief Financial Officer
Departments: Management and Accounting, Information Technology
Reports to: President
Direct Reports: Controller, Information Technology Director, Staff Accountant/Payroll
The Vice President, Chief Financial Officer serves as a financial and strategic advisor to the President and other members of GLAZA’s executive leadership team. The VP, CFO must demonstrate the capacity to provide strong strategic, tactical and entrepreneurial financial leadership for a rapidly growing organization. The individual must be skilled at building strong, collaborative working relationships with the President, the Board of Trustees, senior GLAZA staff and Zoo staff.
The VP, CFO will be a proven leader with a track record of success in a complex, dynamic nonprofit environment. He/she will be a strategic thinker, a self-starter with proven ability to take initiative and an agile tactician. The VP, CFO must be diplomatic, exhibiting solid listening skills and considering input from various constituencies. He/she will have excellent interpersonal skills and will be an open yet tactful and persuasive communicator, both verbally and in writing, to audiences knowledgeable about accounting and financial issues as well as those who are unfamiliar with these areas.
Essential responsibilities include, but are not limited to, the oversight and management of best practices nonprofit accounting and finance functions, best practices accounting controls, cash flow, forecasting, financial modeling and budgeting, cash and investment management, payroll, financial and accounting reporting, information technology and insurance and risk management.
The VP, CFO will possess strong nonprofit finance and accounting experience, superior analytical, communication and interpersonal skills, and must demonstrate the ability to thrive in a team-oriented environment. He/she will serve as a resource for numerous colleagues and departments throughout the institution and support the President, the Board of Trustees and colleagues in a spirit of partnership, innovation and fiscal responsibility, maintaining the fine balance between the finance and program needs of the organization.
Essential Duties and Responsibilities
- Reporting to the President, serves as the chief financial officer of the association and is a key member of the executive team. Reports regularly to the President, the Board and appropriate Board committees on the financial status and strategy of the organization. Serves as a proactive, strategic partner in identifying new opportunities and strategies to enhance GLAZA’s fulfillment of its mission while ensuring its continued financial health.
- Oversees the operation and development of financial systems, including accounting, budgeting, auditing, data analysis, financial reporting and financial modeling. Develops and maintains accounting policies and procedures and ensures best practices. Monitors the hardware, software, databases, reporting systems and procedures to ensure compliance with legal, audit, grant, and informational return needs.
- Leads the development and monitoring of the annual budget in cooperation with the President and other GLAZA executives. Presents the budget to the appropriate Board committees for their recommendation to the full Board of Trustees and presents the budget to the full Board for approval. As part of budgeting process, develops annual and long-term capital investment programs and budgets and related depreciation.
- Analyzes the monthly departmental financial statements and arranges regular meetings with department leaders to review issues and variances.
- Monitors and performs financial analysis for long-term GLAZA fundraising programs for Zoo facility improvements, in close association with the Development Department. Prepares budgets for grants, as well as financials for grant reports and close-outs.
- Supports the President and collaborates with the executive team to develop attendance and revenue forecasts and projections and to develop and execute strategic and operational business plans.
- Oversees the annual audit process by GLAZA’s external auditors and any audits by other agencies, funders, and/or the City of Los Angeles. Serves as the primary staff liaison to the Audit Committee and reports to them on audit and audit-related issues, including fraud, cybersecurity and risk management. Oversees preparation and filing of annual Form 990 tax returns.
- Coordinates work of endowment investment consultant and serves as the primary staff liaison to the Finance Committee. Monitors monthly and quarterly investment reports, develop investment and distribution guidelines for Committee approval.
- Invests all surplus cash to minimize risk and provide analyses to ensure GLAZA has funds available to undertake its mission and programs.
- Maintains banking relationships to provide a full range of banking services including depositing funds, checking, wire and other disbursements. Negotiates lines of credit and other financing facilities.
- Ensures that financial controls and procedures are implemented to create proper checks and balances and best practices. Oversees development and updating of clear, streamlined control policies.
- Ensures timely and accurate payroll processing and accounting for payroll and benefits costs and integration of data from payroll processor into accounting system.
- Oversees Information Technology Department which provides network and stand-alone solutions, hardware and software, databases, email systems, internet and Wi-Fi connectivity and back-ups. Responsible for overseeing the implementation and monitoring of cybersecurity protocols, working closely with the Information Technology Director. Oversees business continuity planning and trouble-shooting for GLAZA’s electronic technology needs.
- Collaborates with the General Counsel to analyze and manage broad-based business risks and oversees the risk management/mitigation and insurance programs to protect GLAZA’s assets, operations, and personnel.
- Collaborates with the General Counsel to negotiate and administer employee benefits, including GLAZA’s tax-deferred annuity programs.
- Works closely with the Zoo’s Assistant General Manager and Director of Operations on financial matters and reporting.
- Performs special projects and other duties as requested by the President or Board.
Key Skills, Knowledge and Abilities
The VP, CFO must demonstrate outstanding leadership, communication and strategic planning skills, including the ability to embrace and lead change with an inclusive, collaborative style that builds a well-functioning team. The VP, CFO must demonstrate an entrepreneurial orientation, with a focus on new opportunities and crafting solutions to emerging challenges.
- Highly analytical individual who serves as a strategic partner to the President, the Board and the GLAZA executive team.
- A minimum of ten years increasingly responsible experience as the lead financial executive responsible for formulating accounting/finance best practices, policies, procedures and controls, overseeing accounting and finance functions, conducting financial analysis, modeling and reporting.
- Must thoroughly understand nonprofit accounting. Experience managing a 21st century nonprofit finance department is required; experience working with government entities is highly desirable.
- Knowledge of accounting and financial reporting software, familiarity with fundraising, auction management, payroll management, word processing and spreadsheet programs, and other software and databases commonly used in nonprofit organizations.
- Management and interpersonal style grounded in respect for others, collegiality and diplomacy.
- Demonstrated team leadership and management skills to inspire direct reports to excel and achieve departmental objectives; ability and intent to mentor and develop leaders within the department.
- Proven ability to work productively and cordially with a Board of Trustees.
- Experience in the strategic management of Information Technology and cybersecurity; experience with ticketing software a plus.
- A team-oriented person who blends technical competence with excellent communication and interpersonal skills to convey technical, financial concepts to financial experts and to audiences who are unfamiliar with accounting, finance, investment, information technology, and other fields.
- An undergraduate degree, preferably in business, finance, accounting, or organizational management from an accredited college or university is required. An advanced degree, ideally an MBA, is strongly preferred. A CPA is a plus.
IMMEDIATE RESPONSE REQUIRED
Applicants may send credentials to:
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