Chief Financial and Administrative Officer

Chief Financial and Administrative Officer

The Public Welfare Foundation, a private, national grantmaking foundation with assets of approximately $500 million based in Washington, DC, is seeking a Chief Financial and Administrative Officer.

About Us:

The Public Welfare Foundation supports efforts to advance justice and opportunity for people in need. These efforts honor the Foundation’s core values of racial equity, economic well-being and fundamental fairness for all. The Foundation looks for strategic points where its funds can make a significant difference and improve lives through policy and system reform that results in transformative change. In its 70-year history, the Foundation has distributed more than $570 million in grants to more than 4,800 organizations. With current assets of approximately $500 million, Public Welfare makes grants nationwide and focuses its grant making in some difficult, and often overlooked, social justice areas where it believes it can serve as a catalyst for reform. Its main programs are Criminal Justice, Youth Justice, and Workers’ Rights.

About the Position:

The Chief Financial and Administrative Officer provides leadership and directs all non-program related functions of the Foundation, which include, but are not limited to, the following: accounting, investments, human resources, grants management, facilities management, office operations, information technology, and recordkeeping.

The primary responsibilities include, but are not limited to, the following:

  1. Assists the President & CEO by supporting the Finance Committee and the Audit Committee and in carrying out the duties outlined in their respective charters. Researches and briefs the Finance Committee and the Audit Committee on relevant areas. Coordinates Finance Committee and Audit Committee meetings and related pre- and post-meeting requirements.
  2. Coordinates administrative activities related to the chief investment officer function including liaising with the outsourced CIO, custodian, and legal counsel, when necessary, and performs the treasury function for the Foundation.
  3. Provides oversight and guidance for the accounting, auditing, budgeting and reporting of all Foundation financial activity. Manages the auditing process with the goal of achieving an unqualified opinion. Conducts research to stay abreast of changes in the field as they relate to the Foundation’s financial statements. Reviews drafts of the Foundation’s 990PF, 990T and state returns as prepared by the Controller.
  4. Provides oversight and guidance to the grants management function, ensuring proposal review and grant administrative and award procedures comply with legal, regulatory, audit control, and internal procedure requirements. Ensures grant spending limits are monitored and adjusted, where appropriate.
  5. Provides oversight and guidance to the human resources function ensuring that statutory compliance and reporting requirements are met. Oversees all personnel matters, including: hiring, terminating, compensating, evaluating performance of, and training and developing staff. Provides oversight in the management of the Foundation’s benefits, including functioning as the Plan Administrator for the Foundation’s retirement plans.
  6. Provides oversight and guidance for the Foundation’s “facilities-as-a-program” function. This requires consultation and coordination with staff and the property management firm to manage the facilities and the rental of space(s) to mission-aligned organizations.
  7. Working with an internal team, provides oversight and guidance for the information technology (IT) function. This functional area requires considerable consultation and coordination with staff and various consultants, including legal counsel, to deliver seamless, reliable technology systems to enable staff and others to be productive in their work. Attendant to the provision of the technology is the responsibility for establishing and monitoring cybersecurity policies to protect the Foundation’s technological systems, data, and mitigation of reputation risk.
  8. Provides oversight and guidance for all non-program-related functions of the Foundation, including legal issues, general policies and procedures, contracts administration, corporate insurance, and other areas of responsibility.

Supervises:

Controller
Grants Manager
Director of Administration

Additional skills and qualities we seek in an ideal candidate are:

  • Education: Bachelor’s degree required. Master’s degree in business administration (related field) or relevant experience. CPA strongly preferred.
  • Work experience: Minimum of ten years of high-level work experience with a focus on financial and accounting, budgeting, investment management, human resources, and facilities management. Eight years of supervisory experience with a mix of support and professional staff (including experience with team supervision). Demonstrated success in communicating with Board of Directors, executives, as well as peers and support staff. Knowledge of key investing, non-profit accounting, legal, tax, and regulatory requirements and hands-on experience is critical, as is ability to work in a team environment. Experience as Plan Administrator for a qualified defined contribution retirement plan highly desirable. Substantive additional experience and other training will be considered in lieu of advanced education. Must possess extensive work experience with non-profit organizations.
  • Skills: Excellent, written, oral and interpersonal skills; ability to analyze and summarize succinctly information of a generally technical/quantitative and complex nature. Experience in overseeing and evaluating investments (a CPA, CFA or CFP and related work experience may serve to augment this requirement). Broad and in-depth knowledge of general business practices. Proficiency with computer applications, particularly Microsoft Office, and accounting software.
  • Capabilities: Solid judgment and critical thinking skills; a sense of teamwork and community.
  • Conditions: Ability to perform the work necessary to complete the responsibilities of the position and travel as needed; requires heeding a high degree of confidentiality and the very highest of ethical standards. Must pass a background check.

We are an equal opportunity employer with competitive salary and excellent benefits. Diversity and equal opportunity employment reflect the core values of the Public Welfare Foundation. Employment opportunities at the Public Welfare Foundation are based on  individual capabilities and qualifications without regard to race, color, citizenship, religion, gender, pregnancy, sexual orientation, age, national origin, marital status, disability, veteran status or any other protected characteristic as established under law.

How to Apply:

Interested candidates may apply by submitting a cover letter and resume via email only: hr@publicwelfare.org. Please include “PWF 2019 CFAO Search” in the subject line.

The deadline for submitting applications is June 30, 2019.