Chief Financial Officer

About Flora Family Foundation

The Flora Family Foundation, based in Menlo Park, California, was established in 1998 by the family of William R. Hewlett, co-founder of the Hewlett-Packard Company, and his wife Flora Lamson Hewlett. The foundation was created to offer members of the Hewlett family the opportunity to pursue their philanthropic interests independently of the William and Flora Hewlett Foundation. The foundation’s mission is to enhance the well-being of people globally through support for various charitable organizations.

Operations are guided by the belief in a broader humanistic obligation that transcends personal interests. The Flora Family Foundation is structured around a Family Council and a Board of Directors, both of which include family members and independent members. They engage in decision-making related to unrestricted and strategic grantmaking, supporting various initiatives in the U.S. and internationally. The foundation has a focus on four main program areas: the Gap Program, the Climate Protection Program, the Marine Conservation Initiative, and the Black Maternal Health Initiative.

About this Role

The Chief Financial Officer (CFO) at the Flora Family Foundation is a pivotal figure in the senior leadership team, serving as a strategic advisor to the Board, President, Family Council, and committees. This role is accountable for both high-level strategic planning and the management of day-to-day financial operations, safeguarding the integrity and transparency of the foundation’s $130 million endowment. As CFO, you will oversee comprehensive financial activities, including accounting, budgeting, financial reporting, and tax compliance, with a focus on aligning financial resources to mission-driven grantmaking and ensuring long-term sustainability.

This position reports directly to the President and Board of Directors and is designed to foster a culture of accountability, innovation, and collaboration.

Responsibilities

• Serve as a thought partner to the President and Board, contributing to strategic planning and long-term financial sustainability.

• Lead financial strategy development, including payout policies and risk management.

• Provide timely, clear, and actionable financial insights to support decision-making.

• Identify opportunities to leverage technology and process improvements.

• Supervise the Finance Operations Specialist.

• Oversee all accounting functions, including accounts payable and general ledger maintenance.

• Ensure timely and accurate preparation of financial statements.

• Maintain strong internal financial controls and compliance with GAAP and IRS regulations.

• Manage relationships with vendors, HR/payroll providers, and audit partners.

• Lead development of annual operating and program budgets.

• Monitor budget vs actuals, analyze variances, and report to the Board and Committees.

• Develop multi-year financial models for strategic planning.

• Monitor investment transactions and ensure compliance with board policies.

• Prepare materials and analysis for investment committees.

• Coordinate the annual audit process with external auditors.

• Prepare schedules for audits, federal/state returns, and compliance documentation.

• Present financial and investment reports to the Board and committees.

• Translate complex financial data into accessible insights for stakeholders.

Requirements

• CPA, CFA, MBA, or equivalent advanced degree strongly preferred.

• 7–10+ years of progressively responsible financial management experience, ideally with private foundations or nonprofits.

• Knowledge of IRS private foundation regulations.

• Experience with investment oversight and impact investing.

• Strong proficiency in Quick Books Online, Excel, and reporting software.

• Demonstrated leadership and mentoring skills.

• Excellent communication skills to engage diverse stakeholders.

• Integrity, discretion, and commitment to the foundation’s mission.

Benefits

• Comprehensive benefits package, including medical, dental, and vision coverage.

• Vacation and sick leave.

• Employer contribution to employee retirement plan.

• Matching grant program for employee contributions to tax-exempt organizations.

• Opportunity to serve as a strategic partner in a mission-driven, family-led foundation.

#JLjbffr