Vice President of Finance

Oakland

First Place For Youth-Join Our Team Video!

*Candidates must submit a cover letter to be considered for this role.

$5000 One-time Sign on Bonus!!!

Are you dedicated to empowering and supporting youth, regardless of their background? We're searching for passionate individuals to make a positive impact on the lives of foster youth. Become an integral part of their transformative journey and join the First Place for Youth team. About First Place for Youth We’re a leading non-profit organization dedicated to supporting foster youth in their transition to adulthood, with a focus on education, employment, and housing. We believe that all young people deserve the opportunity to thrive and lead successful, independent lives. Our comprehensive programs empower foster youth to overcome the unique challenges they face and build the skills, confidence, and connections they need to succeed.

Why Work at First Place For Youth :

Meaningful Impact :  Help to transform the lives of foster youth on the cusp of adulthood. Your role will support them in their journey to conquer challenges, achieve independence, and fulfill their aspirations.

Innovative Approach: We thrive on innovation, pushing the boundaries of foster care support. Your voice here matters, and you’ll contribute to programs that redefine the futures of these young lives.

Collaborative and Supportive Environment: Embrace a dynamic and supportive workplace, where every team member is valued. Together, we're a force dedicated to uplifting youth. Expect professional growth, fueled by teamwork and collaboration.

Comprehensive Benefits: We value the well-being of our employees and offer a comprehensive benefits package. From health and wellness benefits to retirement plans, we ensure that our team members are taken care of so they can focus on their important work supporting foster youth.

Culture of Diversity and Inclusion: We celebrate diversity in every form. At First Place for Youth, inclusivity reigns, creating a workplace where all voices are heard, respected, and empowered.

POSITION SUMMARY: The VP of Finance leads the organization’s Finance Department and is responsible for all the organization’s accounting and finance operations. We are looking for a forward looking and flexible thinker to lead a team of eight employees. The ideal candidate is a seasoned and strategic financial professional with nonprofit experience and demonstrated success establishing financial policies and procedures for scale.

Essential Duties and Responsibilities: Include the following. Other duties may be assigned.

Lead all accounting functions including accounts payable, accounts receivable, banking, payroll, and general ledger management.

Develop and maintain internal controls including policies, procedures and systems to ensure safety of income, accurate reporting of transactions, timely payment of accounts, safeguarding of assets, and compliance with audit and legal requirements.

Manage the overall month-end close process ensuring an accurate and timely close.

Ensure compliance with US GAAP, First Place accounting policies and procedures, and all applicable government contract rules.

Ensure cost allocations are up to date and accurate to ensure correct billing for government contracts and private revenue grants.

Ensure all balance sheet accounts are reconciled on a monthly basis and all balances are current and valid.

Work with the Finance Team and the business to ensure balances are kept current at all times.

Produce financial reports for the Executive Team and Finance Committee to effectively monitor the organization’s financial health.

Produce insightful and user-friendly financial reports for budget managers to allow them to effectively manage their department or project budget.

Audits

Lead the annual fiscal audit. Act as the organization’s key point of contact for the audit and preparation of the audited financial statements.

In partnership with the external auditors oversee the preparation of the organization’s annual tax returns. Ensure accurate and timely filings.

Lead the 401k Plan annual audit.

Oversee all government agency audits. Ensure all audit requests are dealt with efficiently and within the specified timelines. Develop and monitor action plans to address any audit findings.

Cash Management

Manage the organization’s cashflow including maintenance of short-term cash, investment of operational reserves, and compliance with the organization’s line of credit reporting requirements.

Payroll and 401k Plan

Oversee the organization’s payroll function. Ensure payroll is processed accurately in compliance with all First-Place policies as well as applicable state and city regulations.

Working with Fidelity, act as the 401k plan administrator. Partner with the CFO to manage 401k Committee meetings and ensure compliance with all applicable laws and regulations.

Budget, Forecast, and Decision Support

Develop budgets for ongoing or new funding sources including government contract RFPs and private money grant applications. Partner with the Contracts & Compliance and Development teams to strategize on funding requests.

Partner with the CFO to lead the annual budget and mid-year forecast processes.

Working collaboratively across the organization, provide financial analysis to support ad-hoc business decisions and new investment opportunities.

Process Improvements

Lead the Finance team in identifying process improvements and automation opportunities to support the organization’s future growth. Develop processes that are both documented and scalable. Ensure Finance team members are appropriately cross-trained.

Team Leadership and Development

Hire, train, and manage Finance team members. Lead team in setting annual goals and maintaining accountability for those goals.

Provide ongoing coaching to and opportunities for all Finance team members to support professional development and career growth.

Qualification and Requirements: include the following. Other duties may be assigned.

Bachelor’s degree in Accounting or Finance

Current CPA strongly Preferred

8+ years of supervisory experience in a finance role with both accounting and FP&A responsibilities. Experience working in a nonprofit organization and knowledge of government contracts highly desirable.

Benefits:

15 days of vacation time in the first year

12 days of sick time

2 floating holidays

15 paid holidays

Employee’s choice of Kaiser or UCH HMO/PPO with up to 90% of the premium covered by First Place on certain plans

Principal dental and vision coverage

Healthcare and Dependent care FSA plans

Principal basic life and voluntary life insurance coverage

Employee Assistance Program

401(k) retirement savings plan with matching contributions

Annual reimbursement for continuing education

Paid sabbatical

Paid maternity and paternity leave

*We do not offer relocation assistance Local candidates preferred

*Pay will be determined based on Education and Experience.

If you are passionate about making a difference in the lives of transition age foster youth and want to join a dynamic and impactful organization, we invite you to apply. Together, let's empower transition age foster youth to achieve their dreams and build a brighter future. To learn more about First Place For Youth and view our current job openings, please visit our website at www.firstplaceforyouth.org/careers .

We are unable to sponsor work visas now or in the future.

First Place will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act, the San Francisco Fair Chance Ordinance, and applicable law. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. Find out more about the Fair Chance Act by visiting the California Civil Rights Department Fair Chance Act webpage or reviewing this guidance provide by the City of San Francisco. For additional information regarding your rights, please also review the Summary of Your Rights Under the FCRA.

Compensation details: 122220-173713 Yearly Salary

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