(Los Angeles, CA)
Title: Chief Financial Officer
Since 1913, Hillsides has been dedicated to healing children and young adults, strengthening families, and transforming communities through quality comprehensive services and advocacy. It envisions a world in which children and young adults, families, and communities are able to heal, grow, and thrive.
The original site is located on 17 acres in the San Rafael hills of Pasadena, which houses the residential program and the non-public school. Hillsides has six other sites throughout Los Angeles County providing a variety of community-based programs. Hillsides’ programs offer a depth and breadth of innovative services for at-risk children and their families. A 501(c)3 nonprofit corporation, Hillsides has a budget of $55 million and 530 employees spread across Los Angeles County. To date, Hillsides has been a partner in providing more hopeful futures to more than 110,000 individuals and collaborated with more than 140 community organizations, including 20 school districts. Programs and services include:
- Residential Treatment Services
- Hillsides Education Center
- Hillsides Family Resource Center
- Bienvenidos Family Resource Center
- Bienvenidos Foster Care and Adoption
- Youth Moving On
- Trauma Informed Care
- To learn more about Hillsides, please visit https://www.hillsides.org/.
Under the leadership of the Chief Executive Officer, Stacey Roth, the Chief Financial Officer (CFO) is responsible for carrying out the mission of Hillsides as it pertains to financial plans and policies, daily organizational financial activities, internal controls and financial risk management, and building and maintaining relationships with lenders. A member of the Senior Team, the CFO will partner with the CEO and serve as a key advisor to the organization’s leadership and Board of Directors on major financial business issues and decisions. The CFO will staff the Finance and the Audit Committees, support other Board committees as designated, and keep the Board apprised of the financial condition of Hillsides. Overseeing a team of eight, the CFO’s direct reports are the Senior Director of Finance and the Director of Billing and Contracts.
SPECIFIC DUTIES AND RESPONSIBILITIES:
- Oversee business matters and report to the CEO on the fiscal and business management including banking, legal affairs, registrations and filings, tax returns, investments, compensation, and benefits
- Develop and maintain the fiscal and business management of supporting and affiliated organizations including, but not limited to, Youth Moving On and the Hillsides Education Center
- Develop financial data gathering and operating systems to facilitate business and financial informed decision making
- Prepare the annual budget for review and approval by the Hillsides Board of Directors
- Ensure the effective delivery of routine financial services and operations of the agency including payroll, cash management, cashiering, accounts receivable, accounts payable, and general ledger maintenance
- Supervise the preparation for the annual and periodic internal, government, and other fiscal audits of the agency’s financial position; implement and respond to any findings should there be any
- Prepare budgets for grants and fundraising opportunities
- Negotiate and maintain appropriate corporate insurance coverage
- Work closely with management team and program staff to ensure comprehension of budget and to aid in budget planning
- Partner with senior leaders on operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, and revenue/expense analysis
- Maintain strong working relationships with Hillsides’ banking and other financial institutions
- Liaise with county and state agencies, associations and organizations similar to Hillsides regarding contracting, reporting, and compliance requirements
- Collaborate with Advancement Department to provide timely, accurate, and appropriate information for proposal development and reporting
- Promote a culture with a unifying mission centric lens that informs Hillsides’ trauma responsive practice and one that integrates an explicit and active commitment to equity for under-represented and oppressed groups
- Communicate and model the integration and commitment to racial justice principles in all areas of practice and operations
Financial Process Improvement
- Maintain agency accounting software and supporting systems to ensure that financial information is current, accurate, and adaptable
- Develop and maintain effective data-based means to track program/product income and expenditures and other key data
TRAITS AND CHARACTERISTICS DESIRED:
The successful candidate will be a strategic forward-thinking executive with the ability to define problems, gather data, analyze, synthesize and classify information, and draw valid, objective conclusions. The CFO will have the ability to accurately diagnose organizational needs and the political awareness to gain support to develop and implement a strategy with clearly defined goals. This position requires the CFO to be a problem solver with the ability to be responsive to short-term concerns while developing long-range strategies based on accurate and timely analyses. The demonstrated ability to respond effectively to sensitive inquiries or complaints is critical. The CFO should also be goal oriented, well-disciplined and a hands-on administrator who can create financial systems and procedures and be able to implement them effectively. A proven ability to multitask, establish priorities, manage time, meet deadlines, effectively delegate, and perform duties under often severe time constraints while being flexible and adapt to changing work demands is essential. The ideal candidate will be an enthusiastic and persuasive leader who inspires trust and is able to quickly command respect and support, both internally and externally.
The CFO must be self-motivated while at the same time, it is critical that the CFO operate with a collaborative work model. The successful candidate must be diplomatic yet decisive, exhibiting solid listening skills and considering input from various constituencies before making decisions. The successful candidate will be a strong manager and will foster teamwork by working collaboratively and effectively with others, while holding staff accountable for deliverables. The ideal candidate will be accessible and able to lead and mentor staff.
The position requires the CFO to have excellent oral, written and interpersonal communication skills. The ability to effectively communicate, influence and motivate at all levels of the organization is an essential desired skill. The CFO must effectively present information and respond to inquiries from Board members, office personnel, other employees and the general public. The candidate will be culturally competent and sensitive towards diverse communities represented within the work force and client community. The person in this position should have high ethical standards and should be a model of integrity and fairness, operating in a transparent fashion. A sincere dedication to Hillsides’ mission and core values of Quality Care, Respect, Integrity, Transparency, Compassion, Collaboration, and Innovation are essential.
CAREER TRACK LEADING TO THIS POSITION:
The CFO will be a seasoned and mature leader with at least ten years of progressive responsibility overseeing financial services. The successful candidate will likely have at least five years of experience in senior leadership with the proven ability to lead and support a cohesive, high performing team. Experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit entity is essential. Although the individual could come from a variety of fields, the CFO will ideally have experience with diverse program areas and multiple funding sources including government (federal and state) contracts. Nonprofit experience is important, whether it be working in an organization or serving in a volunteer capacity on a board. A background in human service, healthcare, managed cared, or mental health would be a plus.
A Bachelor’s degree is required; an MBA and/or CPA is preferred.
The salary range is $180,000 to $220,000 based on experience. Relocation assistance, if needed, is negotiable. A comprehensive benefits package will be provided.
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