CHIEF FINANCIAL OFFICER
The Chief Financial Officer is responsible for overseeing the financial, information technology, risk management, and compliance areas at Friends of Youth.
The CFO ensures that the organization’s financial and operational systems work efficiently and effectively, that the Agency’s systems are adequate, and that data is accurate, accessible, and available.
The CFO is also responsible for ensuring that overall risk is maintained at a reasonable level and that the agency is in compliance with all applicable rules and regulations. By effectively managing these work areas, the CFO supports the agency in achieving its goals. The CFO is an integral member of the Senior Leadership Team.
In additional to the technical knowledge for the above-mentioned subject areas, the person in this position must be committed to having or developing a deep understanding of systems of oppression, specifically as it relates to the program offerings of the organization. Friends of Youth strives to approach all work from a lens of inclusion and equity, and the person in this role must have a deep commitment to understanding, embracing and embedding DEI principles, throughout all aspects of the organization.
This position reports to the Chief Executive Officer.
WHO WE ARE
Since 1951, Friends of Youth has been helping young people navigate life through challenging circumstances and crisis.
Today, Friends of Youth positively impacts over 3,200 children, youth and their families each year, at 24 sites and programs in 18 cities across the Puget Sound region. We partner with youth and families to provide the relationships, resources, and skills they need to attain personal growth and success. Friends of Youth remains committed to its founding principles: an unwavering dedication to providing quality services; the flexibility to meet new and emerging needs; and most important, a commitment to securing the futures of the most vulnerable members of the community.
Friends of Youth is committed to supporting youth and being an active champion of multiculturalism and anti-racism in the Puget Sound Region.
The CFO will be an active thought partner to the CEO, while also serving as a collaborative peer-leader to other members of the Friends of Youth leadership team. This person will be a visionary who is energized by the challenge of sustainable capacity building in all facets of the organization.
Specific responsibilities of this role include, but are not limited to:
Finance, Accounting and Audit
- Supports and directs the Agency’s accounting and financial functions, ensuring accurate and timely financial information.
- Leads the operating and capital budget processes and oversees long term budgetary planning and cost management.
- Ensures that all appropriate internal controls and financial procedures are in place and utilized by the accounting team.
- Calculates and issues financial and operating metrics; designs, develops and maintains systems to provide management information to the Senior Leadership Team.
- Oversees the Agency’s financial assets to ensure they are prudently invested.
- Analyzes and predicts cash flow and ensures optimization of cash usage.
- Ensures that adequate reserves are maintained for facilities and operations, consistent with board policy and capital contracts.
- Serves as liaison to the Finance and Audit Committees of the Board of Directors.
- Works with banks and credit providers to ensure the Agency always has competitive facilities and terms.
- Provides leadership, direction, and management to the accounting team. Directly supervises Finance Director.
- Plans, coordinates, and directs IT-related activities of the organization.
- Ensures that key financial and operational data is available to generate appropriate management information to guide and evaluate the operations of the Agency.
- Works to identify, recommend, develop, implement, and support cost-effective technology solutions for all aspects of the organization.
- Creates and implements the three-year plan for technology purchases to be used and implemented for the agency in support of the Agency’s goals and strategic vision.
- Provides leadership, direction, and management to the IT team. Directly supervises IT Administrator.
Risk Management and Compliance
- Coordinates the overall evaluation of Enterprise Risk Management.
- Leads yearly renewal of all property and casualty insurance for agency.
- Develops processes to evaluate and mitigate business-specific risk.
- Monitors the process of important and critical risk mitigation activities.
- Provides leadership, direction, and management to the Risk Management and Safety Office. Directly supervises Senior Manager of Risk Management and Safety.
OUR COMMITTMENT TO DIVERSITY, EQUITY & INCLUSION
We know by experience, prioritizing diversity and inclusion throughout our hiring process allows equitable treatment and accessibility to everyone seeking employment at Friends of Youth. We strive to create a workplace culture that reflects the communities we serve and empowers everyone to bring their full and authentic selves to our teams. All employees have the responsibility to treat fellow employees with the utmost of respect and dignity, at all times. Friends of Youth is committed to a diverse workplace environment where everyone is welcome.
We honor and celebrate different ideas, voices, perspectives and backgrounds that help us create a robust and innovative multicultural organization.
SKILLS & COMPETENCIES
The following skills and competencies reflect the nature of our work, which is collaborative, and inclusive. A successful CFO will be a sophisticated leader who can collaboratively design and implement solutions; delivering excellence while exhibiting humility. A successful CFO will also:
- Engage with diverse populations in a culturally responsive manner.
- Demonstrate a commitment to the values of equity and inclusion by honoring and celebrating diverse characteristics and expressions of personal identity.
- Ability to effectively engage with staff at all levels of the organization, and exercise sound judgement as a member of the Senior Leadership Team.
- Have experience working as a collaborative thought leader with the CEO and Chief Programs Officer
- Assume a level of responsibility around DEI outside of just finance and accounting (holistic view, big picture)
- Demonstrated understanding of DEI as it relates to the strategic vision
- Knowledge of GAAP.
- Ability to provide effective leadership, direction, and management to teams.
- Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, and coordination of people and resources.
- Able and willing to travel to multiple local sites and other locations
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Effective decision making and solution-finding with complex problems and diverse stakeholder needs.
- Ability to analyze and prepare documents, reports, and correspondence.
- Ability to plan, assign, and supervise the work of others.
- Is comfortable conversing with, presenting to, and being a leader within diverse groups.
- Exhibits mindfulness and discernment when holding challenging conversations and making difficult decisions.
- Is recognized for collaboratively and creatively designing solutions that enables the professional growth of our team members.
- Looks for opportunities to create new partnerships and allows others to leverage existing partnerships.
- Demonstrated understanding of systems of oppression, racial equity and inclusion
Successful candidates will possess the following:
- Bachelor’s degree in Business, Finance, or related field required; MBA or CPA preferred.
- 10+ years relevant work experience with increasing responsibility.
- Experience with government contracts/funding (local, state, and federal).
- Knowledge and experience overseeing finance/accounting, IT, risk management, insurance, and compliance in a nonprofit work environment.
- Being an experienced and visionary practitioner in leading transformative, organizational change focused on sustainability and innovation
- Success in mentoring and coaching team members, fueling their professional / personal growth as it relates to equity and inclusion.
Friends of Youth is deeply committed to building a culture that delivers professional growth through meaningful work, honest feedback, and a diverse, equitable, and inclusive workplace. All team members, are naturally aligned with our core values and mission, and strive to possess the following:
- An ability to actively listen with an open mind and a deep commitment to including and respecting diverse viewpoints.
- Actively creates a culture that embraces diversity, equity, and inclusion.
- Communicates in clear and compelling ways (written/verbal) and adapts appropriately for the environment
- Models and helps others embrace a culture of learning and continuous improvement by actively seeking and providing feedback.
- Exhibits a proactive, passionate, and collaborative attitude.
Friends of Youth is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
To be considered for this position, please complete the form below.
GET IN TOUCH
or send us a message
email us and we will happily respond