Watsonville, CA 95076
Salary: $70,000.00 to $80,000.00 /year
Position: Chief Financial Officer
Hours: 37.5 hours per week
Starting Range: $70,000 – $80,000/yr, with merit based increase up to 6% after 4 months.
Benefits: Paid medical, dental (employee pays half of dental), vision and life insurance for employee (dependent benefits at 100% employee cost). Retirement plan after six months of employment). 24 days annual leave and 12 paid holidays.
The Community Action Board of Santa Cruz County, Inc. (CAB) provides anti-poverty services and advocacy through six component programs as well as one special project. CAB assists over 9,000 low- income Santa Cruz County residents per year through programs that address homelessness prevention, community re-entry, employment, hunger, social and educational needs, and immigrant legal services for youth and adults.
CAB’s mission is to partner with the community to eliminate poverty and create social change through advocacy and essential services. Our vision is a thriving, equitable and diverse community free from poverty and injustice. This mission and vision are based on our core values of equity, dignity and diversity, service, community action, and inclusion.
The Chief Financial Officer (CFO) reports to the Executive Director of CAB and is a member of the CAB Executive Administrative team. The CFO is responsible for all financial functions of the agency including preparation and management of the general ledger, balance sheet, fiscal reports and records, audit materials, agency annual budget of approximately $3 million, as well as directing payroll and completing related needs of the agency. Supervision includes overseeing fiscal staff and working in partnership with agency directors.
Duties and Responsibilities:
- As a member of the Executive Administrative Team for the organization, will lead, contribute to and support the organizational culture of agency service delivery standards based on quality of excellence, and support the mission, vision and values of CAB and the Community Action Participates as a member of the CAB Administrative/Fiscal Team in the development and implementation of organization wide fiscal policies and procedures that will contribute to CAB’s overall success and fiscal solvency.
- Develops and monitors overall organizational, program and related budgets, as well as creates and implements agency annual budget and ensures fiscal timelines are Prepares, monitors and analyzes multiple annual budgets; provides informational reports, analysis, and revisions of budgets as necessary. Oversees cash flow and all agency fiscal matters.
- Performs ongoing fiscal operations including performing general ledger maintenance, monthly journal entries, and related accounting and bookkeeping Interprets and applies legal and administrative concepts to fiscal function.
- Ensures that effective adherence to internal controls are in place and ensures compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial, tax and auditing
- Leads the creation of grant budgets and ensures all fiscal documents are prepared for proposal
- Performs preparation, monitoring and analysis of multiple fund accounts providing informational reports, analysis and revisions of such budgets as necessary under the direction of the Executive
- Responsible for the coordination of annual agency audit, and periodic administrative audits required by funding agencies, providing requested information, reconciling differences and modifying procedures, if
- Completes, directs and coordinates the preparation and submission of invoices and periodic reports to funding agencies: completes and/or directs the preparation and submission of tax and other payroll-related
- Manages and oversees fiscal staff and provides mentoring, coaching, training and performance evaluations on a consistent Supervises volunteers and others as assigned.
- Assists project directors in expenditure verification, budget modifications and problem solving that meet legal and contractual requirements and agency Leads monthly fiscal reviews to ensure program budgets remain on plan and adjustments to budget are logically and correctly established when needed. Reviews monthly operating reports for accuracy and completeness; ensures that variances between actual and budget are allowable, documented and reviewed with the Executive Director and CAB Board/Finance Committee as appropriate.
- Administers and implements procedures for receipt of cash generated through fee for service, donations, , as well as procedures as they pertain to handling the petty cash fund; ensures administrative fiscal policies are reviewed and updated.
- Stays up-to-date on GAAP, as well as plans, coordinates and initiates action necessary to implement recommendations, new procedures and new methods for fiscal management including fiscal information systems and communications to the Executive Director, Executive Team and the CAB
- Analyzes and implements updates to the computerized accounting systems; develops or revises accounting systems to meet changing needs and to insure
- Provides leadership and support to the CAB Board Finance and Audit Committees; maintains effective working relationships with representatives of funding sources, government, banks, businesses, community organizations and others in regular contact with Oversees all financial accounts of the agency, and prepares financial analyses as requested by the Executive Director, Management team and Board of Directors.
- Other duties as
- Bachelor of Science Degree in Accounting, Finance, Business or related CPA certification preferred.
- A minimum of five years in a supervisory finance role including Manager, Controller or
- A minimum of five years of increasing responsibility in accounting and budget control experience, preferably with a nonprofit
- Thorough knowledge of
- Proven strong internal control knowledge.
- Experience with government cost reimbursement fund sources.
- Ability to understand, interpret, apply and explain laws, rules and regulations as well as administrative concepts to fiscal
- Ability to plan, coordinate and initiate action necessary to implement recommendations, new procedures and new
- Experience with fiscal record keeping procedures and reporting requirements; basic auditing procedures and fiscal control techniques for non-profits
- Knowledge and experience with computer bookkeeping and accounting: MIP, Excel, and PC experience and proficiency required or the equivalent for the MIP accounting
- Knowledge of state and federal tax reporting for payroll and corporate
- Supervision of staff and oversight of
- Planning, directing, coordinating, reviewing and evaluating fiscal office operations.
- Reading, understanding, and interpreting complex regulations and
- Maintaining accounting and fiscal reporting and control procedures to meet agency and contract
- Staying continuously up-to-date on regulations, laws and documents for requirements and
- Ability to deal tactfully, cooperatively and effectively with Board, partner agencies and staff members as well as representatives of funding agencies, banks, auditing firms and
- Meet deadlines while working on multiple
- Possess a Valid California Driver’s License, clean DMV record and vehicle
The hired candidate will adhere to CAB’s standard of upholding the agency’s mission, values and code of ethics through a commitment to confidentiality and communication.
CAB is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of family and medical care leave, disability (mental and physical), including HIV and AIDS, marital status, familial or parental status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language and use restrictions), race, sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), gender, gender identity and gender expression, sexual orientation, or any other protected status in accordance with all applicable federal, state and local laws.