Los Angeles, CA

 

ST. BARNABAS SENIOR SERVICES

Chief Financial Officer

ABOUT ST. BARNABAS SENIOR SERVICES  

Founded in 1908, St. Barnabas Senior Services (SBSS) is grounded in the belief that all older adults have the right to age with dignity. As the oldest senior service agency in Los Angeles, SBSS is a nonsectarian, nonprofit organization that has grown from operating a single senior center in Mid-City to what it is today: a dynamic senior service agency developing new models of care and providing innovative services throughout the Greater Los Angeles Area. SBSS has sustained services for over more than a century of changing needs related to aging, but we have never wavered from our commitment to diversity and inclusion.

In fulfilling our mission to empower a diverse community of older adults to “Live Well, Feel Well, and Age Well” in the community with dignity and respect, we provide services that are culturally, linguistically, and generationally appropriate to the diverse client population we serve.

POSITION OVERVIEW

The Chief Financial Officer (CFO) at St. Barnabas Senior Services is a key member of the executive team, responsible for overseeing all financial, accounting, and reporting functions within the organization. Reporting directly to the CEO, the CFO manages a $5 million budget, providing essential leadership in team management, compliance, and strategic decision-making. The CFO ensures efficient program implementation, conducts thorough audits, and presents findings to the Board’s finance and audit committees. Additionally, the CFO explores ways to enhance the finance function to better support program operations, and supervises a team responsible for accounting, accounts payable, accounts receivable, payroll, and grants administration.

ROLES AND RESPONSIBILITIES

Financial Strategy and Planning

  • Develop and implement financial strategies and systems aligned with the organization's goals and mission.
  • Oversee the preparation of the annual budget, financial forecasts, and long-term financial plans.
  • Provide financial insights and recommendations to the CEO and the Board of Directors to support decision-making processes.

Financial Management and Accounting

  • Analyze financial data, prepare accurate and timely reports, and keep management informed of the organization's financial status.
  • Manage financial, project/program, and grants accounting, ensuring budget alignment throughout the grant/fund period.
  • Forecast organizational cash flow, collaborate with program staff to assess financial efficacy, and establish finance and administrative systems to support program operations.
  • Oversee annual single audit, program reviews/audits, workers' compensation audits, and train accounting/administrative staff.
  • Handle vendor and bank inquiries and assist with reports for development required by foundations and grants.

Compliance and Risk Management

  • Ensure compliance with applicable laws, regulations, and reporting requirements, including tax filings and audits.
  • Implement and maintain effective internal controls to mitigate financial and operational risks.
  • Monitor and analyze financial performance, identifying areas for improvement and risk mitigation.

Staff Leadership and Development

  • Serve as a liaison between the HR consulting firm and administration, ensuring effective communication, coordination, and payroll.
  • Lead and manage the finance team, providing mentorship and fostering a sense of purpose and commitment to the core values of the agency.
  • Ensure high standards of teamwork and customer service within the finance department, while encouraging collaboration, effective communication, and a customer-centric approach in all interactions.
  • Collaborate with other departments to achieve organizational objectives. Foster effective cross-departmental communication, coordinate efforts, and participate in management meetings to align strategies and contribute to overall organizational success.
  • Handle staff-related issues and ensure a positive, respectful, and inclusive work environment. Provide guidance, counseling, and support to resolve issues and maintain employee well-being.

QUALIFICATIONS

  • Undergraduate degree in accounting, finance, or a related discipline; a graduate degree in business or a related field is preferred. CPA and/or MBA qualifications are desirable.
  • A minimum of 10 years of progressive finance experience in complex nonprofit organizations with multiple programs with public grants.
  • Experience overseeing and managing a finance team.
  • Experience managing audits and reporting, grants management, compliance, and reporting for government, corporate, and foundation grants. Experience with single audits desired.
  • In-depth knowledge of non-profit accounting principles, financial regulations, and compliance requirements.
  • Strong financial analysis, forecasting, and strategic planning skills.
  • Demonstrated ability to develop and implement financial systems, controls, and policies.
  • Excellent leadership and interpersonal skills, with the ability to communicate complex financial concepts to diverse stakeholders.
  • Strong problem-solving and decision-making abilities, with a focus on innovation and continuous improvement.
  • Personal qualities of integrity, credibility, and a commitment to nonprofit service.

COMPENSATION & BENEFITS

The salary range for this position is $135,000 – $150,000. The benefits include 10 sick days, 10 days of vacation, 13 observed holidays, 401K, EAP, and medical insurance.

St. Barnabas Senior Services is an Equal Opportunity Employer. St. Barnabas Senior Services does not discriminate against any person because of race, creed, color, religion, sex, sexual orientation, national origin, disability, age, political affiliation, or citizenship. All qualified applicants, including minorities and women, are encouraged to apply.

Applicants needing accommodation for any part of the application process may contact Envision Consulting at 626.889.7905 to request and arrange for assistance.

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