CHIEF FINANCIAL OFFICER

$185,000 - $215,000/Yr

Ghj - Los Angeles, CA

posted 3 months ago

Full-time - Senior
Los Angeles, CA
501-1,000 employees
Printing and Related Support Activities

About the position

GHJ Search and Staffing serves as the recruitment division of GHJ, a prominent national accounting and advisory firm. Our team provides qualified Accounting and Finance professionals on a temporary and permanent basis across a broad range of industries. GHJ's relationship with our Global Advisory and Accounting Network provides the resources needed to better understand clients' needs, attract a higher caliber of candidates, and assess candidate potential. The Mexican American Opportunity Foundation (MAOF), founded in 1963, is one of the nation's largest Latino-oriented family services organizations. Serving over 125,000 individuals across eight counties annually, MAOF operates with a $250 million budget and is staffed by more than 900 dedicated team members. MAOF is devoted to the socio-economic betterment of the greater Latino community in California, emphasizing preserving the pride, values, and heritage of Mexican American culture. MAOF offers a comprehensive range of services across four pillars: early childhood education, community development, senior services, and community partnerships. By implementing a multi-generational approach, MAOF uplifts entire families, helping them break the cycle of poverty. This comprehensive support positions MAOF as a vital resource in enhancing the quality of life for under-resourced communities. The CFO is responsible for all segments of the accounting functions for MAOF. This includes accounting controls, budget, and financial reporting to satisfy informational requirements for the President/Chief Executive Officer, Board of Directors, agency management, and funding agencies. The CFO participates in upper-level management activities, meetings, and planning sessions. The role requires a combination of technical expertise, leadership skills, and a passion for driving financial excellence in a dynamic business environment. The CFO leads the agency-wide financial operations while contributing as a member of the executive team to project an image of cohesion and transparency throughout the organization. The CFO maintains an emphasis on internal controls and timely, accurate financial information and analysis as part of an ongoing effort to enhance organizational processes to improve effectiveness and efficiency. Responsibilities include supervising and developing Fiscal Services staff, overseeing all segments of the general accounting function, maintaining accurate records of all financial activities, developing methods and procedures for budget preparation, executing financial strategy, and preparing reports for the President & CEO explaining budget deviations and financial performance. The CFO also assists individual department heads in preparing and maintaining departmental operational budgets, prepares for annual and other fiscal audits, and acts as a liaison with auditors to provide necessary materials for audits.

Responsibilities

  • Responsible for all segments of the accounting functions for MAOF.
  • Responsible for accounting controls, budget, and financial reporting to satisfy informational requirements for the President/Chief Executive Officer, Board of Directors, agency management, and funding agencies.
  • Participates in upper-level management activities, meetings, and planning sessions.
  • Leads the agency-wide financial operations while contributing as a member of the executive team.
  • Maintains an emphasis on internal controls and timely, accurate financial information and analysis.
  • Supervise and develop Fiscal Services staff.
  • Oversee all segments of the general accounting function, including the maintenance of general and subsidiary ledgers of the Agency.
  • Preparation of operating and financial statements, reconciliation of accounts, fixed asset control and depreciation, and accrual to meet anticipated liabilities.
  • Responsible for maintaining accurate records of all financial activities within the agency.
  • Responsible for developing methods and procedures for the preparation of overall Agency and departmental budgets.
  • Responsible for executing financial strategy and developing plans for growth and reducing expenditures.
  • Assist individual department heads in preparing and maintaining departmental operational budgets, consolidating these budgets, and reviewing actual performance against budgeted performance.
  • Prepare reports for the President & Chief Executive Officer explaining budget deviations and financial performance.
  • Work well with and be responsive to the needs of internal and external constituencies, including the Board of Directors, committees, funding sources, consultants, funders, and Agency Program Directors.
  • Responsible for leading change initiatives, implementing new financial systems, or restructuring processes to improve department efficiency.
  • Assist the President & CEO in developing financial plans.
  • Responsible for the computation and timely payment of all taxes and leasehold and contractual obligations.
  • Responsible for all segments of the cost accounting functions.
  • Prepare, generate, analyze, and present financial reports for all Agency departments, programs, and projects as required by funding terms and conditions.
  • Negotiate bank loans, lines of credit, and other essential financial agreements on behalf of the Agency, as required for cash flow.
  • Prepare for annual and other fiscal audits and act as liaison with auditors.

Requirements

  • Master of Business Administration (MBA) in finance, accounting, or a related field.
  • CPA designation preferred.
  • Minimum of ten years of experience in Accounting, Financial Management, or a related field.
  • Demonstrated experience in a similar role with increasing progression and responsibility in a senior managerial capacity, overseeing organizational budgets over $250M.
  • Ability to articulate financial strategies and performance metrics.
  • Non-profit experience with knowledge of public and private funding streams is a plus.
  • Strong accounting and managerial skills.
  • Strong computer skills, including Excel and Word; proficient in all other Microsoft Office applications (Outlook, etc.).
  • Effective decision-making and problem-solving skills.
  • Leadership skills and ability to delegate, motivate, and inspire team members.
  • Excellent verbal, analytical, organization, and written skills.

Nice-to-haves

  • Experience in a non-profit organization.
  • Familiarity with public and private funding streams.

Benefits

  • Competitive salary range of $185,000 - $215,000 per year.
  • Opportunity to work with a dedicated team focused on socio-economic betterment of the Latino community.
  • Comprehensive health benefits and retirement plans may be offered.
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