Director of Finance

$160,000 - $185,000/Yr

Jewish Vocational Services - San Francisco, CA

posted 6 months ago

Full-time - Senior
Remote - San Francisco, CA
Administrative and Support Services

About the position

JVS is seeking a dynamic and experienced Director of Finance to lead our financial strategy and management, ensuring the organization's financial sustainability and growth. This leadership role encompasses high-level financial planning, organizational leadership, board engagement, financial modeling, and strategic decision-making. The Director of Finance will play a pivotal role in steering JVS toward its mission and vision while maintaining financial health. This role would report directly to the Chief Operating Officer, lead a team of four, and manage one direct report. In this position, the Director of Finance will develop and communicate a compelling financial vision for the organization, setting clear financial goals and objectives in alignment with JVS's overall mission. The role involves creating and implementing comprehensive financial strategies that take into account market trends, risk management, and growth opportunities. Establishing a strong rapport with the Finance of Operations Committee and the Audit Committee of the Board is essential, facilitating open and transparent communication about financial matters and the impact on the organization's mission. The Director will lead the annual budgeting process, collaborating with department heads to create realistic and effective budgets. Continuous analysis of financial data will be required to identify trends, potential challenges, and opportunities, using this analysis to guide financial decision-making. Additionally, the Director will develop and maintain advanced financial models that allow for scenario planning, risk assessment, and revenue modeling to support long-term financial planning. Collaboration with senior leadership is crucial to ensure financial goals are aligned with the organization's overall strategy. The Director will act as a strategic partner to the COO, offering financial insights and recommendations to drive sustainable growth. Team management is also a key responsibility, setting targets for and supervising the Controller who oversees three finance personnel, ensuring all financial reports are accurate, complete, and delivered on time. The Director will maintain a deep understanding of financial regulations and ensure the organization is compliant with all relevant laws and standards. Proactively identifying financial risks and developing strategies to mitigate them is essential, as is managing the organization's investments with an eye towards risk-adjusted returns and long-term sustainability. Building and maintaining effective relationships with external partners such as auditors, investment advisors, and financial institutions will be necessary to optimize financial strategies, investments, and overall financial performance. The Director will also manage grant budgets, financial reporting to funders, and ensure compliance with grant requirements, assisting in grant proposal budget development and ensuring proper application of standards, forecasting, and allocation of funds. Continuous improvement efforts will be led to enhance financial processes and reporting, identifying areas for enhanced efficiency, accuracy, and effectiveness in financial operations, driving cost savings and improved performance.

Responsibilities

  • Develop and communicate a compelling financial vision for the organization.
  • Create and implement comprehensive financial strategies that consider market trends, risk management, and growth opportunities.
  • Establish rapport with the Finance of Operations Committee and the Audit Committee of the Board.
  • Lead the annual budgeting process, collaborating with department heads to create effective budgets.
  • Continuously analyze financial data to identify trends, challenges, and opportunities.
  • Develop and maintain advanced financial models for scenario planning and risk assessment.
  • Collaborate with senior leadership to align financial goals with the organization's overall strategy.
  • Supervise the Controller and ensure accurate and timely financial reporting.
  • Identify financial risks and develop strategies to mitigate them.
  • Manage the organization's investments for risk-adjusted returns and sustainability.
  • Build relationships with external partners such as auditors and financial institutions.
  • Manage grant budgets and ensure compliance with grant requirements.
  • Lead efforts to improve financial processes and reporting.

Requirements

  • A bachelor's degree in finance, accounting, business, or a related field is required.
  • A minimum of 7-10 years of progressive financial leadership experience is required.
  • Experience in the nonprofit or social services sector with a strong understanding of government Uniform Guidance.
  • Profound understanding of accounting principles, financial management, and compliance.
  • Exceptional leadership and team management skills, with experience leading finance professionals.
  • Strong communication and presentation skills for conveying complex financial information.

Nice-to-haves

  • MBA, PA, CMA, or CFA certification is highly desirable.
  • Proven experience engaging with and presenting to boards of directors.
  • Proficiency in financial software and ERP systems, as well as advanced skills in Excel and financial modeling tools.
  • Experience in strategic planning and executing financial strategies that align with an organization's mission.

Benefits

  • 403(b)
  • 403(b) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Paid sick time
  • Accrued twenty (20) days of Vacation
  • Accrued twelve (12) days of Paid Sick Leave
  • Paid federal and Jewish holidays
  • 3% 403(b) retirement contribution match and 3% non-elective contribution
  • Healthcare and Dependent Care FSA
  • Pet Insurance Discounts
  • Professional development opportunities
  • $500 Work-From-Home stipend
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