Chief Financial Officer

Chief Financial Officer

Chief Financial Officer 150 150 JackHill
Downtown Streets Team
Published
October 19, 2022
Location
San Jose
Job Type
Contact Name (not public)
Jack Hill

Description

SUMMARY:
The Chief Financial Officer (CFO) is responsible for all aspects of our financial operations. This position will manage a $14M budget, oversee accounting, negotiate agency contracts, maintain fiscal compliance, and develop and execute our business plan. This position reports directly to the CEO and is a member of the senior leadership team.

ABOUT US:
Downtown Streets Team strives to end homelessness through the dignity of jobs and the power of community. We run a volunteer program and a work program that engages those experiencing homelessness to clean city streets, parks, and highways. In return, we provide critical job and life skills to get them to self-sufficiency. We are in 16 cities throughout Northern California, and we have been rated as one of the top evidence-based best practices by the League of California Cities and the California State Association of Counties.

We have been rated as one of the top five best programs in CA to move the unhoused to self-sufficiency, and The Nonprofit Times calls Downtown Streets Team one of the best nonprofits to work for.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Accounting

  • Actively manage the day-to-day accounting and payroll operations.
  • Oversee the agency’s banking activities and actively manage cash flow to ensure it meets agency needs.
  • Prepare, analyze, and present monthly financial reports.
  • Manage the agency’s annual audit and serve as the primary internal contact during the preparation, actual, and post-stages of the audit.
  • Oversee, review, and update internal controls.
  • Transfer accounting system to new software.

Finance

  • Report on financial results and issues to the CEO and Board of Directors.
  • Work directly with an assigned committee of the board, develop policies, and monitor their implementation.
  • Develop and execute a long-term revenue model/business plan with multiple revenue streams to achieve ambitious goals.
  • Represent finance in cross-functional, org-wide decision-making, strategy development, and operational execution.
  • Create a culture of risk intelligence.

Contracts

  • Manage the negotiation and execution of agency contracts with funding sources, vendors, and collaborative service providers.
  • Review efficiency/effectiveness of partnership with PEO upon renewal.

Budgets

  • Develop and revise budgets for the agency as a whole, individual programs, and new/proposed/expanded services.
  • Drive development and planning for agency’s key long-term initiatives to maximize two things at the same time -- funding of DST’s core costs and expansion of new initiatives.

Compliance

  • Ensure that the organization follows relevant federal, state, and local regulations and laws.
  • Monitor changes in legal, regulatory, and administrative environments and implement changes needed to maintain compliance.
  • Oversee and review the preparation of all program financial reporting required by funding sources.
  • Maintains good working relationships with auditors, bankers, attorneys, and other professional advisors.

Operations

  • Manage finance-related operations, ranging from facilities management to equipment.
  • Manage the agency’s insurance program, including ongoing risk analysis.
  • File annual corporate reporting.

REQUIRED EDUCATION, SKILLS AND EXPERIENCE:

  • Bachelor’s degree in finance or equivalent; CPA preferred.
  • Ten or more years of experience in accounting and financial management.
  • Knowledge and understanding of general business matters, including budget development, financial reporting, GAAP, cash management, financial nonprofit laws and regulations, and banking and debt financing instruments.
  • Knowledge of computer systems, including experience with system selection, new system implementation, and project management. Strong technology and computer skills are required.
  • Experience in effectively managing and developing a strong staff team.
  • Passion, enthusiasm, focus, and creativity around DST’s vision and mission.
  • Cultural competence and literacy surrounding diversity, equity, and inclusion.
  • Aptitude for building relationships based on trust, strong communications, transparency, and respect.
  • Excellent emotional intelligence and interpersonal skills; comfortable with ambiguity, with the ability to thrive in a dynamic, hard-working environment.
  • Experience leading a cross-functional project or assignment.
  • Non-profit experience is preferred.
  • Experience in Government contracts is a plus.

We thrive as an organization when unique identities, experiences & perspectives are represented. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Downtown Streets Team does have a vaccination policy that requires employees to prove that they have received the COVID-19 vaccine or have a valid religious or medical reason not to be vaccinated.

BENEFITS

  • Competitive nonprofit compensation
  • Annual company Cost of Living Increases
  • Fully paid medical, dental, vision and life insurance coverage for employees, with FSA and HSA health plans available
  • 401k with up to 6% company match, after one year
  • 15 days off PTO, increasing with tenure
  • Over 10 paid holidays annually
  • Paid company closure for 5 days during a summer
  • Paid company closure between Christmas and New Year
  • Day off on your birthday
  • One month paid sabbatical after 5 years, not charging PTO
  • Internal growth opportunities
  • Access to Professional Development resources and reimbursement
  • Employee Assistance Program (EAP)