Position Description

Position Description

Jewish Community Foundation of Los Angeles

(Los Angeles, CA)

Title: Vice President of Finance

View Position Brochure Here 

THE ORGANIZATION:

For more than 67 years, the Jewish Community Foundation of Los Angeles (The Foundation) has helped individuals, institutions and professional advisors have the greatest possible impact on both the Jewish community and the community at large.

The Foundation is the largest manager of charitable assets and the leader in planned giving solutions for Greater Los Angeles Jewish philanthropists. The Foundation currently manages more than $1.4 billion of assets entrusted to it by over 1,300 families and ranks among the 10 largest Los Angeles foundations. In 2020, The Foundation and its donors distributed $116 million in grants to nearly 3,000 nonprofits with programs that span the range of philanthropic giving. Over the past 12 years, it has distributed more than $1 billion to thousands of nonprofits across a diverse spectrum.

For more information, please visit www.jewishfoundationla.org

THE OPPORTUNITY:

Reporting to the Chief Financial Officer, the Vice President of Finance directs the management, reporting, and record-keeping of the financial activities of The Foundation, including overseeing accounting systems, processes, and controls. The Vice President of Finance supervises and leads the accounting team of six and office management, including three direct reports (Controller, Assistant Controller, and Office Manager). As this is a supervisory role, the successful candidate is expected to work in the office located in downtown Los Angeles. The successful candidate will be an accounting professional with a strong track record of timely and accurate management of the accounting operations of complex organizations.

SPECIFIC DUTIES AND RESPONSIBILITIES:

Management

  • Lead accounting team of six and oversee all accounting work flows
  • Set and manage department goals, work plans, and timelines
  • Oversee key systems and accounting software products; manage software selection and implementation processes
  • Make and implement recommendations to optimize team structure 
  • Oversee all compliance activities
  • Manage investment operations, including periodic rebalances approved by the committee, capital calls, and process of opening new investment accounts
  • Oversee office management and human resources functions, including HR policies, processes, and systems
  • Interface successfully with all Foundation departments

Accounting

  • Oversee all accounting and payroll processes, in close coordination with the Controller and Assistant Controller
  • Oversee monthly, quarterly and annual close processes, including creation of and management to documented close calendar
  • Oversee monthly and quarterly allocations of fees and investment results completed by Controller and Assistant Controller
  • Project manage audit and annual tax filing processes for The Foundation and its support foundations
  • Oversee, document, and update accounting policies and procedures
  • Oversee, monitor, and update internal controls, including proper design of accounting processes and user entitlements for banking and accounting software

Financial Management

  • Develop and manage annual operating budget and annual grant funding budget
  • Design and manage internal budget reporting, including department reporting
  • Design and oversee management reporting and dashboards
  • Oversee fund statement process completed by the Controller
  • Oversee The Foundation’s response to survey requests, including compensation surveys and state and federal surveys
  • Perform other analysis and special projects as requested

TRAITS AND CHARACTERISTICS DESIRED:

The Vice President of Finance will possess excellent leadership, financial, administrative, and analytical skills. The successful candidate will be a team-builder with well-developed interpersonal skills and the ability to get along well with diverse personalities. The Vice President of Finance will be a strategic thinker, a results-oriented professional, and an outstanding interpersonal communicator. Along with a keen attention to detail, strong analytical and reasoning abilities, and superior numeric skills, the Vice President of Finance should be well-organized, have the highest ethical standards and be a model of integrity and fairness. Other characteristics that will be valued include maturity, tact, and flexibility.

CAREER TRACK LEADING TO THIS POSITION:

The Vice President of Finance will be a seasoned leader with at least ten years of progressively responsible accounting experience, preferably within a dynamic nonprofit organization. The successful candidate will likely have at least five years of experience in managing accounting operations at high-volume, complex organizations. Experience overseeing accounting, budgeting, controls, and reporting is essential and expected. The Vice President of Finance will bring a keen understanding of budgeting and accounting principles, organizational policies, procedures, systems, and objectives, as well as knowledge of fiscal and investment management. Proven successful team leadership is required and serious candidates must demonstrate a clearly articulated collaborative and flexible management style which supports a positive team culture, well-being of staff, regular feedback, and high performance. The ability to develop and maintain effective professional working relationships at all levels of a complex organization is imperative.

EDUCATION:

A bachelor’s degree preferably in accounting or a related field is required. An advanced degree and/or CPA is strongly preferred.

COMPENSATION:

The salary range is $200,000 to $230,000 based on experience. Relocation assistance, if needed, is negotiable. A comprehensive benefits package will be provided.

APPLY FOR THIS POSITION:

To apply for this position, visit www.morrisberger.com/searches.php



Morris & Berger
500 North Brand Boulevard, Suite 2150
Glendale, CA 91203-1923

1 (818) 507-1234
www.morrisberger.com