CHIEF FINANCIAL OFFICER
ABOUT YWCA GREATER LOS ANGELES
YWCA Greater Los Angeles (YWCA GLA) is dedicated to eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all. Through direct services, empowerment programming, and advocacy, YWCA GLA supports marginalized individuals and families, especially women and girls of color, while working to challenge structural barriers to equity.
POSITION OVERVIEW
The Chief Financial Officer (CFO) is a key member of YWCA GLA’s Executive Leadership Team and is responsible for the strategic direction, management, and oversight of the organization’s financial operations. Reporting directly to the Chief Executive Officer (CEO), the CFO oversees financial planning and analysis, budgeting, forecasting, accounting, reporting, cash management, compliance, audit, investments, and risk management to ensure the organization’s long-term financial health and sustainability.
In addition to financial leadership, the CFO provides strategic oversight of YWCA GLA’s facilities and real estate portfolio, including owned and leased properties. The CFO serves as a trusted advisor to the CEO and Board of Directors, providing clear financial analysis, identifying risks and opportunities, and helping translate organizational priorities into sustainable financial strategies.
ROLES & RESPONSIBILITIES
Financial Strategy and Leadership
- Develop and implement financial strategies that support YWCA GLA’s mission, goals, and long-term sustainability.
- Lead financial planning and analysis, including long-term forecasting and financial modeling.
- Provide financial insights and recommendations to the CEO, Board of Directors, and Executive Leadership Team to support strategic decision-making.
- Serve as a strategic financial partner to organizational leaders and provide staff support to the Board Finance and Investment Committee.
Budgeting, Forecasting and Financial Reporting
- Oversee the annual budgeting process, ensuring alignment with the organization’s strategic priorities.
- Monitor financial performance against budgets and forecasts, identify variances, trends, risks, and opportunities, and recommend appropriate actions.
- Ensure accurate and timely preparation of financial statements, reports, and analyses for internal and external stakeholders.
- Prepare and present financial reports to the CEO, Finance Committee, and Board of Directors.
Cash Flow, Payroll and Financial Operations
- Manage organizational cash flow and banking relationships to ensure adequate liquidity and strengthen the organization’s financial position.
- Oversee payroll, purchasing processes, vendor relationships, and the financial aspects of legal and contractual matters.
- Streamline financial operations, systems, and technology to improve organizational efficiency and effectiveness.
- Oversee the annual independent audit process and ensure audit findings and recommendations are appropriately addressed.
- Oversee organizational investments and relationships with investment managers, ensuring compliance with Board-approved policies and appropriate reporting.
Risk Management and Compliance
- Identify and mitigate financial and organizational risks and ensure compliance with applicable financial regulations, accounting standards, policies, and procedures.
- Oversee internal controls to safeguard organizational assets and ensure the accuracy and integrity of financial data.
- Oversee systems for grant tracking and financial compliance.
- Ensure appropriate asset management and tagging processes.
- Review and maintain appropriate insurance coverage for the organization.
Team Leadership and Development
- Lead, manage, mentor, and develop the finance and facilities teams, fostering a culture of accountability, collaboration, high performance, and continuous improvement.
- Establish clear expectations, processes, and systems that support timely, accurate, and effective financial operations.
- Build strong working relationships across departments and help organizational leaders effectively understand and utilize financial information.
Facilities and Real Estate
- Provide strategic oversight of YWCA GLA’s portfolio of owned and leased facilities, ensuring properties are safe, efficient, compliant, and aligned with organizational goals.
- Partner with the CEO and Board Real Estate Committee to strategically leverage and transform the organization’s real estate assets.
- Assess opportunities related to the development, acquisition, leasing, and purchase of properties.
- Provide budget and project management oversight for facilities and real estate initiatives.
QUALIFICATIONS AND EXPERIENCE
- Bachelor’s degree in Finance, Accounting, Economics, or a related field required; MBA and/or CPA preferred.
- At least 5 years of accounting and finance leadership experience within a nonprofit organization.
- Significant experience providing financial leadership for an organization with an annual operating budget of at least $10 million.
- Substantial experience with government grants and contracts, including grant accounting, compliance, and reporting; experience with California state funding strongly preferred.
- Substantial experience in financial planning, budgeting, forecasting, accounting, financial reporting, audits, cash flow management, and internal controls.
- Strong knowledge of financial regulations, accounting standards, risk management, and nonprofit compliance requirements.
- Excellent leadership and people-management skills, with experience building, developing, and supporting high-performing teams.
- Strong strategic, analytical, and problem-solving skills, with the ability to translate complex financial information into actionable insights for non-financial stakeholders.
- Proven ability to collaborate effectively with executive leadership, Board members, staff, and cross-functional teams.
- Proficiency with financial management software, systems, and technology.
COMPENSATION & BENEFITS
YWCA Greater Los Angeles offers a salary range of $152,692-$190,000 for this position. The YWCA of Greater Los Angeles offers benefits that include paid holiday, sick time, and vacation, long term health benefits, EAP, free parking, medical, dental, vision, life insurance, long term disability and a retirement fund.
YWCA Greater Los Angeles is an Equal Opportunity Employer and encourages applications from qualified individuals regardless of gender, race, religion, national origin, sexual orientation, gender orientation, or different ability.
Envision Consulting was retained by YWCA Greater Los Angeles to search for their incoming Chief Financial Officer.
Applicants needing accommodation for any part of the application process may contact Envision Consulting at 626.714.7577 to request and arrange for assistance.
