LA2050
Pathways LA

Chief Financial Officer

Employment type
Full-Time
Posted
27 days ago
Location
Los Angeles
Description

Pathways LA is a non-profit organization working to ensure that all children have access to quality, developmentally appropriate, and educationally stimulating childcare. Founded in 1978 by educator and activist Bea Gold, Pathways LA was an early leader in promoting childcare programs that are inclusive of all children, including those with special needs. With a $28M budget, the founding principles guide our work as we promote strengths-based education and best practices for child development by assisting vulnerable working families, supporting childcare providers and educational services, and advocating for economically resilient communities.

POSITION OVERVIEW
Reporting to the Chief Executive Officer, the Chief Financial Officer (CFO) is responsible for providing financial leadership for the agency in accordance with generally accepted accounting principles (GAAP) and internal policies and procedures. The CFO will lead all financial functions, including accounting, budgeting, overseeing contracts and providing oversight of payroll. The ideal candidate has a mission-driven approach and will improve efficiency, minimize and manage risk, strengthen financial systems across all departments, and work closely with the Executive Team on short and long-term objectives.

ROLES & RESPONSIBILITIES

Organizational Leadership

  • Lead a team of three, including the Finance Manager, Finance Coordinator, and Specialist, providing management and mentorship that aligns with the core values of the agency. 
  • Participate as an active, open and visible member of the leadership team, promoting effective collaboration across all departments and a positive work experience for all staff.
  • Prioritize efforts to operationalize the strategic plan through collaboration with the leadership team and Board of Directors.
  • Provide regular reports to the Board of Directors, including serving as the primary staff to the Audit Committee.
  • Provide leadership on agency-wide initiatives, including regular assessments of future opportunities and challenges.  

 

Finance and Accounting 

  • Develop and maintain budget and financial forecasting, internal controls, and reporting strategies to ensure that fiscal management is accurate, clear, and timely; aligned with the organization’s overall strategy and mission; and in compliance with GAAP, government contract regulations, donor stipulations, and applicable laws.
  • Prepare, evaluate and report on budgets for government contracts, including A/P and A/R. 
  • Prepare and interpret statistical and accounting information to assess operations and all programs against budget, cash flow projections, long-term sustainability, and the overall effectiveness of the organization. 
  • Work with the Board Treasurer and Audit Committee to conduct regular financial reviews and serve as the primary contact with external auditors; resolve problems related to audits.
  • Provide timely reports to other departments, including grants, donations and financial trends. 
  • Manage the payroll function ensuring proper maintenance and audit of payroll records, payment of compensation, management of benefits accounting and payment of taxes.
  • Oversee facilities-related vendor and contractor relationships, including maintenance contracts for all equipment and systems.

 

QUALIFICATIONS

  • Undergraduate degree in accounting, finance or related discipline; graduate degree in business or related discipline preferred. 
  • Successful track record of progressive responsibility in accounting and financial management, including managing an annual operating budget greater than $5M and the supervision and management of financial staff.
  • Effective oral and written communications skills, including writing comprehensive reports and insightful presentations to management and the Board of Directors.
  • Experience in nonprofit accounting software preferred.
  • Experience managing contract and foundation funding, including cost allocations, audits and reporting.
  • Proven ability to effectively prioritize, lead, coordinate, and implement projects and meet deadlines when faced with multiple demands.
  • Strong planning and organizational skills, including demonstrated ability to improve and upgrade internal systems and procedures. 
  • Commitment to supporting colleagues and maintaining effective productivity and high morale.

 

Pathways LA is an Equal Opportunity Employer. Pathways LA does not discriminate against any person because of race, creed, color, religion, sex, sexual orientation, national origin, disability, age, political affiliation or citizenship. All qualified applicants, including minorities and women, are encouraged to apply.

Compensation & Benefits
Salary is commensurate with experience. Pathways LA offers a generous benefits package including vacation and sick time, paid holidays, medical, dental, vision, 403B retirement contributions, life insurance, accident insurance, long term disability insurance, flexible spending accounts, Employee Assistance Program (EAP), and Adoption Assistance Program.


 

To apply

Apply to this position here: https://www.envisionnonprofit.com/we-re-recruiting/pathways-la---chief-financial-officer/?id=3236427 

Envision Consulting was retained by Pathways LA to conduct the search for their incoming Chief Financial Officer.

APPLICATION QUESTIONS
Have you managed an annual operating budget of more than $5M? Y/N
Do you have experience managing financial operations in the nonprofit sector? Y/N
Describe your experience managing finances, including cash flow, budgeting and internal controls. 
Describe your experience managing government contracts.
Describe your experience assessing financial processes/ systems and implementing more efficient processes and systems? 
Describe your experience managing and developing staff.
Why do you want to be the next Chief Financial Officer at Pathways LA?
What is your desired salary range?