Chief Finance Officer

Job Description
Job Description
POSITION SUMMARY
The Chief Finance Officer reports to the Chief Executive Officer (CEO) and is responsible for managing the financial activities and reporting across LA Promise Fund. This includes all fiscal management and reporting related to the nonprofit as well as oversight of its charter schools to ensure that high-quality services are delivered to students and families and the organization is compliant with all statutory financial requirements.

RESPONSIBILITIES AND DUTIES
Finance Duties
Develop and manage short and long term financial and operational goals and cash flow to ensure sound organizational operations, growth and financial transparency
Implement the financial pillar of the organization’s three-year Strategic Plan
Develop budgets and financial reports for funders in collaboration with Program Directors, Advancement Team Members and the Chief Program Officer
Manage financial consultants and monthly closing processes to ensure the timely development of financial statements and reports
Develop monthly financial reports and information for the organization and each department and charter schools
Establish and maintain a solid financial model for the organization’s operation
Manage treasury operations to ensure highest rates of return on invested resources while maintaining operational liquidity
Interact with Charter School leaders and Charter back office support to establish a balanced budget annually and monitor activity monthly
Engage in and lead organization-wide special projects or initiatives particularly as they relate to finance, strategy and development
Manage the annual independent financial audit and 990 tax return for the organization and charter schools
Maintain external financial relationships with banks and other financial institutions
Manage financial reporting and compliance related to the organization’s bond borrowing and related financial covenants
Interact with external fiscal contacts (e.g., charter oversight, funders, governmental authorities) to provide required reporting and analysis, both periodic and ad-hoc
Support program teams to manage private, state and federal funds
Ensure dutiful compliance and fulfillment of LA Promise Fund’s fiscal policies
Organization Duties
Serve as a member of the LAPF Executive Committee and work collaboratively to support the work of other Executive positions
Contribute strategic thinking and fiscal expertise to organizational and school thought process, strategy and program implementation
Support Executive Team in coordinating LA Promise Fund’s Board of Directors Meetings and Schools Committee meetings, providing fiscal and analytical expertise
Work with CEO to coordinate LAPF’s Finance & Audit Committee meetings and develop financial materials for all Committee and Board of Directors meetings
Other duties as assigned
CANDIDATE REQUIREMENTS
Education and Experience
Excellent statistical, analytical, and problem-solving skills.

Four-year Degree in education, business, finance, or public policy/administration.

Minimum of 8 years of professional experience in accounting and finance in public education
Strong presentation and communication experience
Previous experience with state and federal grants preferred
Knowledge, Skills and Abilities
A mission-driven individual with a belief in and commitment to closing the achievement gap
Experience in the education and non-profit field highly desirable
Detail-oriented and able to coordinate multiple projects simultaneously
A strong collaborator, good listener and strategist; comfortable receiving input from many sources, and able to analyze and formulate disparate information into a sound, well-organized plan;
Entrepreneurial - a hard worker with a high energy level, an action-oriented individual who excels in an unstructured environment; and
Commitment to LA Promise Fund mission and Core Values of Integrity, Accountability, Collaboration, Professionalism, Excellence, and Fairness
Must clear a LiveScan criminal background check
Must clear a TB Risk Assessment
Must complete Mandated Reporter training