Chief Financial Officer

2 months ago


Los Angeles, United States After-School All-Stars Full time

ORGANIZATION BACKGROUND:

Founded in 1992, After-School All-Stars is a national non-profit organization which provides free, daily afterschool programs to more than 140,000 children in need at 725 school and community sites in 19 chapters across the U.S. Our goals for our All-Stars are the same we have for our own children: to be healthy and active, to graduate high school and go on to college, to find a job that they love and to give back to their communities. We achieve this by identifying and fueling our students' individual passions, tying their interests to tailored academic support, enrichment and health and fitness programming.

A UNIQUE OPPORTUNITY:

After-School All-Stars is currently seeking a Chief Financial Officer to join our National Executive team. We are seeking a dynamic, growth-oriented, experienced strategic finance leader with substantial experience in the nonprofit sector, in organizations of similar or larger size (ASAS is $20M+) and diverse revenue mix, including public and private. We are seeking a candidate with proven 15+ years of nonprofit experience, a CPA, and A-133 single audit experience.

The Chief Financial Officer will oversee the Finance, Operations, and Systems functions. The role is part of the National Executive Team, works closely with Chapter Executive Directors, the National Board Treasurer, and Audit Committee, and reports quarterly/three times annually to the Board of Directors. The position will lead a department of exceptional direct reports, while overseeing a Finance Department of approximately 11 team members to develop them into a high-performing, cohesive team. The position handles diverse revenue, including federal and state grants as well as private funds that include high net-worth donors. This position will also oversee our Director of Systems. This role reports directly to the President.

SPECIFIC RESPONSIBILITIES:

Finance Leadership/Strategy:

  • Oversee all aspects of the organization’s finance functions and performance.
  • Provide strategic input and leadership on issues affecting the organization in Operations and Finance.
  • Work with President, CEO, and Executive Team on long-term financial strategy and planning – including analysis of assets, determining cash projections, identifying fiscal cliffs, long-term revenue planning both nationally and at chapter level.
  • Attend Board and subcommittee meetings on a regular basis and provide leadership with financial reports (National Board of Directors, Finance Committee, Audit Committee).
  • Manage Department budgets, working closely with leadership and provide sound advice.
  • Coordinate and lead the annual audit process, serve as liaison between auditors and the Audit Committee; facilitate completion and approval of audited statements and required annual filing.
  • Work with the Director of HR to accurately reflect and manage the financial impact of employee benefits.
  • Work with the Development Department to understand all revenue sources and make sure they are accurately reflected in the corporate financials and are in accordance with GAAP and industry standards.
  • Cultivate stakeholder relationships across various levels.

Finance and Business Operations:

  • Oversee organizational operations functions across the organization, including contracts, leases, agreements, and obtain approvals as necessary.
  • Oversee legal situations as they arise, working with HR as appropriate.
  • Identify best practices and improve internal standard operation procedures.
  • Oversee Risk management.
  • Ensure business operations are compliant with nonprofit best practices.
  • Oversee certifications, licenses, reporting for business operations in all states and nationally.
  • Oversee the organizations banking relationship.
  • Manage the organization’s relationship with outside accounts payable vendor.

Systems Department:

  • Manage Systems Department, ensuring that adequate resources are allocated.
  • Work closely with Director of Systems to ensure systems integration and compliance (Raisers Edge, Financial Edge and Paylocity, among others).
  • Oversee Systems, which includes an outsourced IT company to optimize opportunities for efficiency as necessary.

Endowment/Investments:

  • Oversee investment activity for newly created endowment.
  • Prepare endowment and investment reports for CEO and President and individualized reporting as needed.

WHO SHOULD APPLY?

The Chief Financial Officer will exemplify ASAS’s core values: proactive, transparent, accountable, collaborative, and entrepreneurial. The ideal candidate will be extremely organized and detail-oriented with strong analytical and communication skills. Ability to multi-task and adapt to changing position demands are key. Team building and a collaborative working style are important attributes. The successful candidate should have strong analytical skills, exceptional problem-solving skills, a flair for numbers, be highly organized, and have excellent leadership skills.

  • An MBA with an Accounting concentration or Masters in Accounting, plus CPA required.
  • At least 10-15 years of professional senior experience leading finance teams in large nonprofit, philanthropic or academic institutions.
  • Experience working at a leadership capacity in similar organizations/company in terms of staff size, budget, complexity, or stage of growth preferred.
  • Substantial, solid experience leading growing, diverse teams in innovative and positive ways.
  • Ability to translate detailed financial data for strategic use by all in the organization.
  • Experience at integrating systems to improve accounting productivity and accuracy.
  • Commitment to results, ‘can-do’ mindset, outstanding problem-solving ability.
  • Experience at change leadership and change management.
  • Strong motivational and staff leadership abilities.
  • Excellent analytical, communications and presentation skills.
  • Sense of humor, integrity, personal sense of accountability.
  • Ability to juggle multiple deadlines with several stakeholders within the organization.
  • Ability to make tough decisions when needed.
  • Solid understanding of nonprofit accounting, revenue recognition, cost allocations and single audit requirements.
  • Experience in the financial management and reporting of federal and foundation grants, contracts and multi-funded projects.

SALARY AND BENEFITS:

This is a full-time, exempt position with a salary that will be commensurate with qualifications and experience of the individual candidate. This role is based in Los Angeles and requires an in-office presence of four days a week with Fridays working remotely, for a minimum of 40 hours a week with additional hours as needed throughout the year.

ASAS promotes a healthy work/life blend and offers a competitive benefits package, including but not limited to:

  • 99% coverage of Medical plan, with two tier options.
  • 99% coverage of Dental plan, with two tier options.
  • 99% coverage of Vision plan.
  • Employee Assistance Program.
  • Short-term and long-term disability options.
  • Life insurance.
  • Optional employee critical illness plan coverage and pet insurance.
  • 403 (b) plan, with employer match.
  • Substantial paid time off in the first 3 years with a progressive increase in years 4-5, and then again once you have been employed for over 5 years.
  • Up to 25 paid holidays a year.
  • Discounted ticket programs.
  • ASAS is an eligible nonprofit employer for the Federal Public Service Loan Forgiveness (PSLF) Program.

ASAS is an equal opportunity employer and candidates of diverse backgrounds are encouraged to apply. Employment decisions at ASAS are based on merit, qualifications, and abilities, and are made without regard to race, color, national origin, age, sex or sexual orientation or gender identity, disability, or any other characteristic protected by federal law.

HOW TO APPLY:

Please submit a resume and cover letter via e-mail to: mary.sanchez@afterschoolallstars.org. Your cover letter should be in PDF format and should indicate how your experience is relevant to this role with After-School All-Stars. Please put “CFO” and your last name in the subject heading.

LEARN MORE ABOUT AFTER SCHOOL ALL-STARS:

To learn more about ASAS, please visit our website: www.afterschoolallstars.org

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