Director of Finance - JVS - Bay Area
San Francisco, CA 94199
About the Job
Why Join JVS?
JVS is a nonprofit working to close opportunity gaps in employment by supporting jobseekers with the skills and confidence to secure quality careers with family-sustaining wages. Grounded in core values of racial equity and focused on helping our program participants achieve economic mobility, we believe everyone deserves access to training and the chance for a good job. JVS develops training programs in close partnership with employers in high growth sectors, offering high quality jobs.
Building on decades of experience and success, JVS is a data-driven organization that takes a whole systems approach to addressing employment and economic equity. Through our direct service programs, employer engagement and policy change, JVS is working toward a future where everyone has access to quality education and training programs that lead to high quality employment and economic mobility.
The Role
JVS is seeking a dynamic and experienced Director of Finance to lead our financial strategy and management, ensuring the organization's financial sustainability and growth. This leadership role encompasses high-level financial planning, organizational leadership, board engagement, financial modeling, and strategic decision-making. The Director of Finance will play a pivotal role in steering JVS toward its mission and vision while maintaining financial health. This role would report directly to the Chief Operating Officer, lead a team of four, and manage one direct report.
Scope
Financial Leadership:
- Develop and communicate a compelling financial vision for the organization, setting clear financial goals and objectives in alignment with JVS's overall mission.
- Create and implement comprehensive financial strategies that take into account market trends, risk management, and growth opportunities.
- Establish a strong rapport with the Finance of Operations Committee and the Audit Committee of the Board, facilitating open and transparent communication about financial matters and the impact on the organization's mission.
- Provide the board with in-depth financial insights and guide discussions on budgetary decisions, investments, and financial performance.
- Lead the annual budgeting process, collaborating with department heads to create realistic and effective budgets.
- Continuously analyze financial data, identifying trends, potential challenges, and opportunities. Use this analysis to guide financial decision-making.
- Develop and maintain advanced financial models that allow for scenario planning, risk assessment, and revenue modeling to support long-term financial planning.
- Conduct sensitivity analysis to assess the impact of different financial scenarios on the organization's financial health.
- Collaborate with senior leadership to ensure financial goals are aligned with the organization's overall strategy.
- Act as a strategic partner to the COO, offering financial insights and recommendations to drive sustainable growth.
- Set targets for and supervise Controller who supervises three finance personnel.
- Ensure all financial reports are accurate, complete, and delivered on time.
- Maintain a deep understanding of financial regulations and ensure the organization is compliant with all relevant laws and standards.
- Proactively identify financial risks and develop strategies to mitigate them.
- Manage the organization's investments with an eye towards risk-adjusted returns and long-term sustainability.
- Build and maintain effective relationships with external partners such as auditors, investment advisors, and financial institutions.
- Work with these partners to optimize financial strategies, investments, and overall financial performance.
- Manage grant budgets, financial reporting to funders, and ensure compliance with grant requirements.
- Assist in grant government and private proposal budget development and ensure proper application of standards, forecasting, and allocation of funds.
- Lead efforts to continuously improve financial processes and reporting.
- Identify areas for enhanced efficiency, accuracy, and effectiveness in financial operations, driving cost savings and improved performance.
Minimum Qualifications
- A bachelor’s degree in finance, accounting, business, or a related field is required.
- A minimum of 7-10 years of progressive financial leadership experience is required, with a demonstrated track record of success in financial planning, analysis, and modeling.
- Experience in the nonprofit or social services sector with strong understanding of government Uniform Guidance and its application.
- Financial Acumen: Profound understanding of accounting principles, financial management, and compliance, with a proven ability to make data-driven financial decisions.
- Leadership Skills: Exceptional leadership and team management skills, with experience leading and mentoring finance professionals.
- Communication: Strong communication and presentation skills, both written and verbal, for effectively conveying complex financial information to non-finance stakeholders.
Preferred Qualifications
- MBA, PA, CMA, or CFA certification is highly desirable.
- Proven experience engaging with and presenting to boards of directors.
- Proficiency in financial software and ERP systems, as well as advanced skills in Excel and financial modeling tools.
- Experience in strategic planning and executing financial strategies that align with an organization's mission and goals.
- Demonstrated ability to lead financial process improvements and change initiatives.
What We Offer
- Annual Salary: $160,000 - $185,000
- Equitable pay
- 100% covered medical and dental plans for the employee
- Accrued twenty (20) days of Vacation + accrued twelve (12) days of Paid Sick Leave
- Paid federal and Jewish holidays
- 3% 403(b) retirement contribution match and 3% non-elective contribution
- Healthcare and Dependent Care FSA
- Pet Insurance Discounts
- Employee Assistance Program
- Professional development opportunities and $500 Work-From-Home stipend
- This position is hybrid with the expectation of working in our San Francisco office; JVS does not provide relocation packages
- 4 Day Work Week Pilot started 09/01/2023
JVS values intersectional racial equity and strives to center people of color, people from working class backgrounds, women and LGBTQ+ people. We strongly encourage applications from people with these identities or who are members of other communities.#J-18808-Ljbffr