Title: Chief Financial Officer
Maryvale is the longest-operating child welfare agency in Los Angeles. Maryvale's mission, inspired by the compassionate service of the Vincentian Founders, faithful to Catholic Social Teaching rooted in the gospel of Jesus Christ and the charism of the Daughters of Charity, is to heal, empower and educate children and families to instill hope for a more fulfilling future. This is achieved by providing residential, educational, mental health, and community-based services in an environment of dignity, love and respect.
In 1856, five Daughters of Charity traveled from Maryland to Los Angeles to open the area's first orphanage. In 1953, Maryvale benefactress Carrie Estelle Doheny helped obtain land in Rosemead for what is now known as Maryvale. Over the years, Maryvale's evolution from an orphanage to an agency providing care for foster youth mirrors the development of the child welfare system in the United States as a whole.
Maryvale's programs and services are offered at their 16-acre Rosemead campus, with one additional program site in Duarte. Maryvale employs 294 staff and serves almost 900 unduplicated individuals annually. The organization's budget is $22 million and the Board is comprised of nine members.
All Maryvale programs are guided by the principles of Trauma Informed Care - a proactive treatment model that recognizes the impact of trauma on children and youth and offers interventions that address both trauma-related symptoms and their underlying causes. Maryvale provides the following types of service:
- Residential Services including an Emergency Placement Center for young children and a Residential Treatment Program for teenage girls.
- Community-Based Services including a Community Mental Health Program and Wraparound services for children and families.
- Early Education Services including two preschool programs for children from birth to enrollment in kindergarten, and, in Duarte, a Before-and-After-School program for children up to age 12.
For more information please visit: www.maryvale.org
Reporting to and partnering with the President and Chief Executive Officer, the Chief Financial Officer will set financial policy and direction while also being an active participant in, and driver of, the organization's overall financial strategies. Leading all financial administration, business planning, and budgeting initiatives, the CFO will provide strategic recommendations to the CEO, executive staff, and the Board based on financial analysis and projections. Additionally, the CFO is responsible for overseeing the daily operations, compliance, and billing for government and private contracts and grants, including County Department of Mental Health and Department of Children and Family Services contracts. As the lead finance staff member, the CFO will represent Maryvale to financial partners, including financial institutions, investment advisors, foundation executives, auditors, etc.
The CFO is responsible for providing oversight, direction, and support for the Finance Department and financial systems to ensure that strategic objectives are met. The CFO will manage a team of seven professionals. By providing guidance, support and motivation to the finance and accounting team, the CFO will ensure staff are appropriately trained and will build an effective, high functioning team. Responsibilities also include analysis of business operations and the financial implications of business activities, as well as providing recommendations to enhance the financial performance of the organization. By providing leadership and coordination of agency financial planning, budgeting, reporting, debt financing, and cash management functions, the CFO will ensure compliance and oversee the development and implementation of sound internal controls.
As a member of the Executive Leadership Team, the CFO will work closely with a motivated and engaged Finance Committee of the Board of Directors. Ensuring timely, accurate, and useful financial reporting, the CFO will oversee the preparation and communication of financial statements and relevant information and data for the Board of Directors and CEO to make sound financial decisions.
TRAITS AND CHARACTERISTICS DESIRED:
The CFO should be a strategic thinker with strong conceptual and analytical skills, and the ability to analyze problems, measure performance, evaluate results, and identify alternative solutions to arrive at mission appropriate solutions. With the experience to provide leadership at an institutional level, the successful candidate should be a problem-solver with the ability to be responsive to short-term concerns while developing long-range strategies. The CFO should also be goal oriented, well-disciplined and a hands-on administrator who can create systems and procedures and be able to implement them effectively.
The CFO should have outstanding interpersonal skills and be an effective and persuasive communicator, both verbally and in writing. It is critical that the CFO operate with a collaborative work model; therefore, the successful candidate must be diplomatic yet decisive, exhibiting solid listening skills and considering input from various constituencies before making decisions. The CFO will be responsible for leading and directing a staff, fostering teamwork and effectively collaborating with other stakeholders. The person in this position should have high ethical standards and should be a model of integrity and fairness, operating in a transparent fashion. An appreciation of the mission and core values of Maryvale is essential. Although the person in this position does not need to be a practicing Catholic, the successful candidate must be respectful of and willing to support the values of the Catholic Church.
CAREER TRACK LEADING TO THIS POSITION:
The CFO will be a seasoned and mature leader with at least ten years of broad finance experience. The successful candidate will likely have at least five years of experience in senior leadership positions in a nonprofit with a budget of at least $10 million. Experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit entity with multiple funding sources including government (federal and state) contracts and diverse program areas is desired.
An undergraduate degree is required; a CPA and/or MBA is preferred.
Annual compensation will be competitive and relocation assistance, if needed, is negotiable. A comprehensive benefits package will be provided.