Chief Financial Officer; CWF

The Women’s Foundation of California has a nearly 40-year track record of supporting community-based organizations working to address the root causes of injustice and advance solutions across multiple issues. We focus on core strategies of investing in community organizations, training community leaders, convening community partners, and mobilizing significant financial resources to advance the health, safety, and economic security of women, girls, and transgender people.

We support movements led by women and girls, especially women and girls of color, low-income women, immigrant women, LGBTQ+ people, trans people, gender non-conforming individuals and formerly incarcerated people. We’re comprised of a dynamic and smart group of people who are passionate about our work and committed to making good things happen for all Californians.

The Chief Financial Officer (CFO) is a member of the senior Leadership Team of the Women’s Foundation of California and leads the Finance and Administration Team. With primary responsibility for the Foundation’s hands-on, day-to-day financial planning, management and analysis and human resources, the CFO develops and oversees policies and procedures, monthly, quarterly and year-end close and reporting and annual budget and audit.

In partnership with the Chief Executive Officer, the CFO regularly makes independent, critical decisions on behalf of the Foundation. The CFO sets the financial strategy and demonstrates thought leadership and passion for nonprofit financial management. The Foundation’s annual operating budget is $5 million and its assets are $11 million.

• Develop and implement financial policies and guidelines to ensure the Foundation’s assets are protected, utilized effectively, internal controls are appropriate and investment returns optimized in compliance with the Investment Guidelines.
• Supervise the Senior Accountant and manage the assignments of the Finance Assistant.
• Oversee and manage the daily financial operations of the Foundation, including accounts payable and receivable, payroll administration, reporting, reconciliation, third party contracts and all regulatory filings in accordance with Generally Accepted Accounting Principles and IRS regulations for nonprofit organizations.
• Create and present monthly financial package with metrics and analytics for Leadership Team and Finance Committee of the Board of Directors.
• Ensure on-time delivery of complete and accurate monthly financial reports to staff program leads.
• Develop, measure and evaluate short- and long-range measurable financial goals and objectives, including an annual workplan and key performance indicators, ensuring appropriate integration with those of other Foundation departments (Development, Communications and Programs).
• Manage the Foundation’s annual budgeting process and monthly financial tracking; produce budget presentation materials for the Foundation’s Finance Committee and Board of Directors.
• Manage and track cash flow in order to maintain positive cash position, monitor various accounts and project cash needs; adhere to the Foundation’s Operating Reserve Guidelines.
• Manage the annual audit, including preparation of schedules, compliance and response to management letter;
  Support the Audit Committee of the Board of Directors.
• Partner with the Foundation’s Development team to calculate administrative overhead expenses for funding proposals; track, release and report on funding expenditures; and provide analysis on program sustainability.
• Partner with the Foundation’s Program Team to track grant revenue and releases and ensure fulfillment of the Foundation’s related funding obligations.
• Perform ad hoc analyses and create special reports as requested.

Human Resources

• Develops and administers various human resources policies and procedures for all company personnel.
• Plans, organizes and controls all activities of the department. Participates in developing department goals, objectives and systems.
• Ensures compliance with applicable laws and regulations regarding employment issues such as pay, time-keeping, equal opportunity, privacy and health and safety.
• Develops and…