Title: Chief Financial Officer / Chief Operations Officer
To Apply: Submit a PDF resume and cover letter to firstname.lastname@example.org. Applicants will be considered on a rolling basis with preference given to applicants received by August 15th, 2023 – Please apply before this date if possible. Include “Chief Financial Officer/Chief Operations Officer” in the subject line.
The Betti Ono Foundation is a 501(c)3 non-profit agency with a mission to build power through culture. We are Black women and survivor led.
As a dynamic and evolving agency, The Betti Ono Foundation seeks a Chief Financial Officer (CFO)/Chief Operations Officer (COO) to manage daily finance operations and responsibilities, while also developing and implementing the organization’s financial business plan to successfully meet strategic current and future goals. The CFO/COO will provide sound recommendations and analyze the organization’s financial activities and direct the preparation of current financial reports and summaries, to predict future growth. Reporting to the Founder & CEO, the CFO/COO directs the efficient financial management of the Foundation. The CFO/COO will support the CEO, Board of Director & Executive leadership in efforts to ensure long-term financial stability, expand creative capacity, and enhance overall foundation reputation.
A successful CFO/COO has excellent analytical, communication and organizational skills. The ideal candidate will be well-versed in Real Estate Acquisitions, Community Development Institutions, and managing Program Related Investments (PRI). A strong interest and connection to the Arts, Culture, Social Justice & Community Impact efforts will equip this individual to be able to actively discover new ways to help advance the mission of the Foundation.
The CFO/COO at The Betti Ono Foundation is responsible for:
Listed below are major duties and responsibilities of this position. It is not designed or intended to cover or contain a comprehensive listing of the activities, duties, or responsibilities of the employee.
- Collaborate with Director & CEO to develop and implement institutional strategies and manage oversight of financial performance across the Foundation.
- Develop the institution’s short- and long-term strategies on financial performance.
- Lead the Executive Team in the annual budgeting and planning process; administer and review all financial plans and compare to results with a view to identify, explain, and correct variances as appropriate.
- Oversees Accounting department, budget preparation, scenario planning and audit functions.
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Compares and implements cooperative business finance models and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Studies long-range economic trends involving Real Estate, Community Land Trust Financing, Social Investments Mechanisms, and projects their impact on the Foundations future growth.
- Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
- Provide and interpret financial information and reports necessary to the Board of Directors, the Finance, Investment and Audit Committee, the Founder & CEO, and other foundation leaders.
- Build and lead financial investment relationships involving Community development institutions, Capital campaigns, public charity efforts and Real Estate.
- Steward risk management through implementation of conservation mindfulness .
- Prepare and review required filings including annual federal and state tax returns, sales and use tax returns, city and state registrations, and financial reports.
- Maintain the financial records for donor funds.
- Bachelor’s Degree in Finance, Economics, Accounting & Business Administration or closely related field.
- Minimum of 7 years in Senior Administration and/or Financial Management experience.
- Excellent management and supervisory skills.
- Excellent analytical and organization skills
- Proficient and up to date knowledge of current database and accounting computer application systems.
- Hands on experience with financial software and applications.
- Expert in Microsoft Excel
- Flexibility and respect for Cultural Diversity.
- Masters Degree in Finance, Accounting, Business Administration or closely related field.
- 8-10 years of Financial Management experience
- Certified Public Accountant
- Medical, Dental & Vision coverage + 1 dependent
- Paid Holidays
- Sick Days
- Professional Development (Retreats, Events)
The Betti Ono Foundation is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. Black, BIPOC, queer and trans, women and gender non-conforming applicants are strongly encouraged to apply.