Finance Director

Finance Director

Reports To: Chief Executive Officer (CEO)

FLSA Status: Exempt

Job Type: Part-time or Full-time

Location: Role is hybrid but will require weekly in-office or in-community work (Los Altos, Los Altos Hills and Mountain View)

Position Summary

The Director of Finance plays a pivotal role in overseeing the foundation's financial operations, ensuring both its financial stability and strategic growth. The Director will be responsible for the implementation of financial policies, management of the budgeting and forecasting processes, compliance, and ensuring transparent financial reporting to key stakeholders.

This position will work closely with the staff, CEO and Board Treasurer to support organizational objectives. In addition, the ability to present and explain financial context, information and financial impact to staff, board members, advisors, and community partners is critical.

LAMVCF's mission is focused on the communities of Los Altos, Los Altos Hills, and Mountain View - helping neighbors turn their compassion into action. Being an involved member of our local communities along with a desire to work with a mission-driven team is critical to this role.

Key Responsibilities include:

• Manage the day-to-day financial activities of the foundation and directly supervise accounting resources.
• Develop and implement financial strategies, policies, and control procedures. Lead budgeting, forecasting, and financial planning processes.
• Develop and provide transparent and timely financial reports to the CEO, Board of Directors, and other stakeholders.
• Establish and maintain strong relationships with external partners, funding sources, and stakeholders, advocating for the foundation's financial well-being.

Budget Planning & Financial Performance:

• Develop financial models and processes for budget planning, operational assessment and resource allocation.
• Work closely with the CEO and Board Treasurer to ensure alignment on financial implications of financial plans and forecasts.
• Collaborate with the Development and Program teams to ensure proper allocation and reporting of funds for specific projects or initiatives.

Cash Flow & Treasury Management:

• Monitor and manage cash flow to ensure liquidity for operations and strategic initiatives.
• Manage restricted and other funds, ensuring compliance with regulations.
• Provide oversight of disbursements and receipts, with attention to timing and risk.
• Manage banking and investment manager relationships

Financial Reporting:

• Provide accurate, user-friendly financial reports to key stakeholders (e.g., staff, CEO, treasurer, fund advisors, and the board).
• Oversee grants tracking and approval, ensuring that funds are used in accordance with donor agreements and legal requirements.
• Help prepare financial reports for funders, ensuring that all expenses are appropriately documented and tracked.

Risk Management & Compliance:

• Monitor the organization's risk exposure, ensuring adequate insurance coverage.
• Ensure the proper implementation of internal controls to safeguard the foundation's assets.
• Manage the annual external audit process, financial statements preparation, and ensure compliance with IRS Form 990 and other external reporting obligations.

Human Resources & Payroll Management:

• Coordinate with the HR consultant on employee onboarding, payroll, benefits, 401k management, and state registrations.

Desired Qualifications:

• Mid to senior level background in finance, accounting, operations or a related field, with experience in nonprofit financial management preferred
• Proven ability to think strategically, assess risks and opportunities, and make informed decisions.
• Exceptional communication skills, both written and verbal, with an ability to explain complex financial information in a clear and accessible way.
• A high level of integrity, professionalism, and commitment to the Foundation's mission and values.
• Familiarity with and involvement in the Los Altos, Mountain View, and Los Altos Hills communities is highly desirable.

Compensation:

Pay rate: $40.87 - $50,48 per hour

Part time salary range is $42,000 - $52,500/year depending on experience. Part time benefits package includes flexible work schedule, 401k retirement plan and opportunities for professional development

Full time salary range $85,000 - $105,000/year depending on experience. Full time benefits package includes employee health insurance, flexible work schedule, 401k retirement plan and opportunities for professional development

How to Apply:

Interested candidates should submit a resume and cover letter to kathylera@lamvcf.org

Job Types: Full-time, Part-time

Pay: $85,000.00 - $105,000.00 per month

Benefits:

• 401(k)
• Health insurance
• Professional development assistance
• Work from home

Work Location: Hybrid remote in Los Altos, CA 94022

Salary : $42,000 - $52,500