MEND-Meet Each Need with Dignity,

Chief Financial Officer

Posted
1 month ago
Employment type
Full Time
Location
Pacoima
Closing date

About this organization

MEND-Meet Each Need with Dignity is a 53-year-old nonprofit organization headquartered in Pacoima, CA serving the crisis needs of the most vulnerable community members. Operating the San Fernando Valley’s most extensive Community Nourishment Programs, MEND distributes almost 4 million lbs. of good food a year. And, in alignment with MEND’s mission and long-term commitment to strengthen families & the community, MEND helps individuals address and overcome the long-term challenges that have kept them from thriving.

Over the last several years, MEND has undergone critical realignment and significant growth, taking on government funding in 2020, after 49 years of operation. During this time, our operating budget has grown from $2.6MM to $6.4MM (excluding in-kind), we have built strong reserves, and with the retirement of our longstanding CFO, we are seeking an experienced and dynamic leader to support our continued growth.

About this job

Under the general supervision of the President & CEO, the Chief Financial Officer (CFO) provides strategic leadership and vision to the Finance Department. The CFO oversees all accounting functions, ensures accurate and timely program monitoring and annual audits, and provides regular financial reports to the Board of Directors. The CFO serves as liaison to the Board of Directors Finance and Audit Committees and as a trusted collaborator and thought partner with the CEO and Executive Team. This is the ideal position for an experienced mission-driven finance leader (e.g., Controller, Director of Finance) ready to take the next step in their career.

Roles & responsibilities

ESSENTIAL FUNCTIONS:

1. Manages and oversees all financial operations including but not limited to accounting, forecasting, budgeting, payroll, investments, grants management/ invoicing, and scenario planning to safeguard the ongoing sustainability of the organization.

2. Ensures all financial operations comply with local, state, and federal laws; updates finance policies as needed and provides training to relevant agency staff to ensure compliance. Manages internal controls, conducts internal audits and reconciliations to identify any gaps or red flags.

3. Ensures all required filings (including but not limited to payroll taxes; sales & use tax; property tax, forms 990, 199, RRF-1, etc.) timely and accurately.

4. Participates in revenue planning and development of grant budgets, optimization of resources, identification of areas of risk and potential solutions to mitigate them.

5. Ensures there are documented standard operating procedures to support program implementation and maintains agency Finance Manual to reflect any changes in agency procedures or accounting standards.

6. Oversees all agency banking activities and actively manages cash flow to meet agency needs. Alerts the President & CEO to any potential shortfalls and to plan alternatives.

7. Serves as primary contact for independent auditors to ensure annual audit is completed timely; cooperates with funder audits and prepares corrective action plans, if needed.

8. Prepares monthly financial reports and periodic forecasts for the agency overall and for individual programs/functional areas; develops and presents quarterly and ad hoc financial reports for the Finance Committee and Board of Directors.

9. Oversees preparation of financial reports required for funders in cooperation with the development team; ensures that complete and accurate cost reimbursement and fee for service invoices are submitted timely.

10. In collaboration with MEND’s investment managers and in conformance with the Board approved investment policy statement (IPS), monitors, tracks, and reports on investment performance monthly, quarterly, and annually.

11. Monitors grant spending to ensure compliance with grant requirements, applicable codes of federal regulations, or other oversight body to ensure satisfactory audits and avoid disallowed costs. Prepares final budget reports for grants.

12. Leads preparation of annual program and agency budgets in partnership with Executive and Senior Leadership teams.

13. Serves as a member of the Executive Team and serves as liaison to the MEND’s Finance Committee and Board of Directors. Provides input on agency strategy and is responsible for achieving relevant strategic goals,

14. Leads implementation of accounting, payroll, and timekeeping software.

15. Other duties as assigned.

Qualifications

• Bachelor’s degree in accounting or related is required. Master’s highly desired.

• At least 7 years’ proven track record as nonprofit CFO, Controller, or Director of Finance with deep understanding of nonprofit accounting principles, cost allocation practices, grants management, and oversight of government funding required.

• Familiarity with the LA County Auditor-Controller Guide, LA City auditing requirements and comprehensive understanding of single audits and uniform guidance requirements.

• Minimum 3 years management/supervisory experience.

• Expert level QuickBooks Online and Microsoft Excel is essential. Superior computer skills using additional business productivity software applications (MS Word, PowerPoint, Outlook, Teams, Zoom).

• Experience implementing and using Paylocity or other payroll/time & attendance platforms highly desired.

• Knowledge of finance, accounting, budgeting including GAAP standards and federal, state, and local financial regulations and related laws.

• Proficient with cash flow management, budgeting, financial analysis and reporting, investment management, accounting functions and payroll.

• Proficient with translating complex financial concepts to individuals at all levels including finance and non-finance personnel and Board members.

• Strong writing, verbal, and interpersonal skills.

• Personal qualities of integrity, credibility, and ethics; a proactive, hands-on strategic thinker.

• Able to gather, analyze and synthesize data and information to provide insights to the CEO, leadership team, and Board for decision making and strategic and financial planning.

• Strong organizational skills. Ability to work under pressure and meet deadlines.

• Bilingual English/ Spanish strongly preferred.

To apply

To apply, please submit cover letter and resume to jobs@mendpoverty.org. Please include a cover letter that describes how your experience meets all the requirements of the position. Applicants who do not submit a cover letter will not be considered.

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