(Los Angeles, CA)
Title: Chief Finance and Administrative Officer
The Weingart Center is a 501(c)(3) nonprofit agency that provides homeless individuals with the basic tools necessary to stabilize their lives, secure income, and find permanent housing. Its mission is to empower and transform lives by delivering innovative solutions to break the cycle of homelessness. As one of the best comprehensive human services organizations in the western United States, they are committed to establishing a world in which all people have and maintain a high-quality productive life.
Programs and services are housed in an 11-story building located in Downtown Los Angeles. Weingart Center provides direct services to more than 44,000 economically disadvantaged individuals per year. It offers programs uniquely tailored to meet the needs of this diverse population. Whatever the obstacles—debt, addiction, a criminal record, mental illness, or physical illness—Weingart Center helps clients overcome these challenges and clear the way for a fulfilling life. The Transitional Housing programs go beyond the emergency shelter approach by providing housing along with comprehensive wraparound services. Services can include case management, orientation, individualized needs assessment, medical and mental treatment, client plan development and tracking, coordination of services, advocacy, referrals, group meetings, and other related services.
As a leader in advocating for homeless individuals and increasing the supply of permanent supportive and affordable housing stock, Weingart Center has grown its operating budget from $13 million to $17 million and continues to be on a steep growth trajectory with over 800 entitled units in the pipeline. Its offices are headquartered in Downtown Los Angeles, but operates multiple facilities around the city providing housing and various programs.
To learn more about Weingart Center, please visit https://www.weingart.org/.
Under the leadership of the CEO and the guidance of the COO, the Chief Finance and Administrative Officer (CFAO) will provide leadership and strategic direction for the financial and administrative affairs of the organization. As the Weingart Center continues to expand its footprint in Los Angeles County, the CFAO will carry out the mission as it pertains to financial plans and policies, daily organizational financial activities, internal controls, financial risk management, facilities, security, food services, housekeeping, and human resources. The CFAO oversees 25 staff through the following direct reports: Vice President of Human Resources, Vice President of Facilities Services and Director of Finance.
Specific duties and responsibilities include:
- Provide executive direction over treasury and cash management and maintain relationships with banks and lending institutions
- Oversee financial planning including coordinating the annual budget
- Design and implement financial reports and financial models to meet the changing needs of the organization
- Interface with the Finance Board Committee
- Guide nonprofit accounting policies and practices
- Work in close partnership with the COO on programmatic and real estate development activities including financing, planning, and construction of permanent supportive and affordable housing projects
- Establish, develop, refine, and measure financial processes and policies including regular fiscal reporting, Federal, State, and County reporting, auditing, budgeting, forecasting, costing, investing, contracting, analysis, expense processing, asset management, insurance, and contracts
- Manage budgets related to capital improvement projects (ensuring adherence to project timelines, approving project invoices and payment expenditure reports, and tracking of projects)
- Work in close partnership with the Vice President of Facilities to ensure safe and healthy living and working environments for clients, employees and visitors at all locations
- Oversee implementation and efficiency of the safety protocols, including the management of the injury and illness investigations
- Assure proper maintenance and timely replacement of all capital assets
- Analyze new opportunities and projects for financial feasibility and risk; make recommendations and provide feedback
- Provide overall strategic HR leadership working in close partnership with the Vice President of Human Resources
- Provide support to payroll and benefits; monitor the marketplace for changes in compensation and benefits practices, and recommend changes as needed
- Promote a culture that integrates an explicit and active commitment to diversity, equity and inclusion
- Support ongoing development of future leaders through a combination of succession planning, career development, leadership training and personal mentoring activities
TRAITS AND CHARACTERISTICS DESIRED:
The Chief Finance and Administrative Officer should be a strategic thinker with strong conceptual and analytical skills, and the ability to solve problems, measure performance, evaluate results, and identify alternative solutions to arrive at mission appropriate solutions. The successful candidate will possess a profound respect for the people served and have an understanding or interest in the policy and program needs of housing and programs designed to serve low income and homeless individuals.
The CFAO will be an executive with solid finance and accounting skills, good judgment and attention to detail. The ideal candidate will have proven success in managing growth and change in an institution. The ability to accurately diagnose organizational needs and the political awareness to gain support to develop and implement a strategy with clearly defined goals is essential. This position requires the CFAO to be a problem-solver with the ability to be responsive to short-term concerns while developing long-range strategies.
A well-disciplined and hands-on administrator, the CFAO must be self-motivated while at the same time work collaboratively with a wide range of individuals. The successful candidate will be a strong manager and will foster teamwork while holding staff accountable for deliverables. The CFAO must have excellent oral, written and interpersonal communication skills as well as be a good listener.
The CFAO creates trust and confidence that financial information is reliable, accurate, timely and transparent and can clearly articulate the meaning and import of the data. The person in this position should have high ethical standards and should be a model of integrity and fairness, operating in a transparent fashion.
CAREER TRACK LEADING TO THIS POSITION:
The Chief Finance and Administrative Officer will be a seasoned leader with progressively responsible financial management and administrative oversight, with five or more years in a senior level functional role. A demonstrated ability to build, retain, lead, and support a cohesive, high performing team is important. Prior experience/exposure in working with permanent supportive and affordable housing, construction finance, social services and homeless funders is highly desirable. Familiarity with the process and nonprofit accounting required for government funding is strongly preferred. Although the individual could come from a variety of fields, the CFAO will ideally have experience in a complex nonprofit organization with multiple funding sources.
A Bachelor’s degree is required; an MBA and/or CPA is preferred.
The salary range is $150,000 - $200,000, based on experience. A comprehensive benefits package will be provided.
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