CHIEF FINANCIAL OFFICER

Baby2Baby is a non-profit organization that provides children in need with diapers, formula, clothing, and the basic necessities that every child deserves, serving more than one million children across all 50 states. The organization has distributed overhalf a billion itemsin the past 14 years to children in homeless shelters, domestic violence programs, foster care, hospitals and school districts as well as children who have lost everything in the wake of disaster. The organization’s success has been propelled forward by its industry-leading model that is redefining what it means to operate a non-profit with a seamless integration of impact, innovation, and influence, which earned them praise from TIME Magazine as one of 2023’s most influential companies and recognition as the #1 non-profit on Fast Company’s World’s Most Innovative Companies List.

Position Overview

Reporting to the Co-CEOs, the Chief Financial Officer, with support from the Director of Finance and in conjunction with the outsourced accounting team, will be responsible for the organization’s finances and financial forecasting as well as oversee and help execute the general accounting, grant tracking and management, internal process reviews, and external tax and audit preparation. The CFO will be a key player in the organization’s current capital campaign. The CFO will work with the COO to set financial policy and direction while also contributing to the organization’s financial planning. As a member of the senior leadership team, this individual will collaborate with the Co-CEOs, COO, external accounting team, Director of Finance and Head of Human Resources to review the organization and program budgets, cost allocations, and payroll and benefits administration.

The CFO will work Monday-Friday at 5830 W. Jefferson Boulevard, Los Angeles, CA 90016. The work is performed in an office setting and is currently in office a minimum of three days per week. May include occasional weekend hours.

Duties and Responsibilities

Leadership

• Partners with the Co-CEOs and COO on the organization’s financial, budgeting, and administrative processes with an eye to continuously developing and improving systems.
• Serves as a strategic thought partner to leadership, helping to translate the organization’s mission into specific strategies and tactics.
• Provides strategic and operational leadership for warehouse distribution, community and volunteer teams.
• Partners with COO to ensure program success through cost analysis support and compliance with all contractual and program requirements.
• Collaborates with department heads to develop and update financial plans including department budgets and actuals.
• Develops and executes financial management strategy, including revenue management and planning.
• Serves as primary liaison to the investment advisors, ensuring investment portfolio is managed in keeping with the organization’s policies and risk tolerance.
• Manages ongoing budgeting, financial forecasting, cash reporting, and monitoring of banking activities.
• In partnership with the fundraising teams and Director of Finance, projects and tracks all gala related expenses.
• Ensures accurate reporting of cash and in-kind transactions; develops and maintains excellent internal controls to monitor program costs and operating expenses.
• Remains current on changes to all laws and pertinent local, state, and federal guidelines which may impact the financial and administrative operations of the organization; interprets and advises on implications of these changes.
• Prepares and presents monthly / annual financial reports and key operating metrics to leadership team and Board of Directors; prepare other reports and materials as needed for prospective and existing donors as well as the Board of Directors.
• Oversees the monthly reconciliation between Development and Accounting.

Operations Management

Capital Campaign

Required Qualifications

This role’s salary range is between $180k – $225k / yr. Actual salary is determined based on a number of factors, including but not limited to your relevant skills, qualifications, and years of experience.

Other

Baby2Baby is an Equal Opportunity Employer and is committed to fostering diversity within its staff. We have made diverse thinking a priority in order to keep our organization in touch with the needs of families in our program and to help hold us accountable to those we serve. Our organization strives for diversity, from the children we serve to our board and staff, not only in race, age, ethnicity, sexual orientation, disability, and religion but also in cultural background and life experiences.

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