CHIEF FINANCIAL OFFICER
Los Angeles, CA
JOB DESCRIPTION
As the CFO you are the true business partner to the CEO and divisional presidents, assess
organizational performance against both the annual budget and company’s long-term strategy.
Develop tools and systems to provide critical financial and operational information to the CEO
and make actionable recommendations on both strategy and operations. Engage the board
finance, audit, and investment committees around issues, trends, and changes in the operating
model(s) and operational delivery. Assist in establishing yearly objectives and meeting agendas,
and selecting and engaging outside consultants (auditors, investment advisors). Oversee long-
term budgetary planning and costs management in alignment with company National Nonprofit
strategic plan, especially as the organization considers sponsorships, potential acquisitions, and
collaborations with external organizations.
RESPONSIBILITIES
sponsorships, potential acquisitions, and collaborations with external organizations
1. Executive Management
2. Financial Planning and Analysis
3. Finance
4. Planning, Policy, and Investor Relations
5. Accounting and Administration
oversee the preparation and communication of monthly and annual financial statements
6. Team Management
7. Accounting Activities
8. Cash Management
9. Corporate Development
10. Insurance/Real Estate/Legal Affairs
WHO WE ARE
Freedom House Reentry Education and Employment Corporation (FREE) is a nonprofit
organization providing reentry services to formerly incarcerated adults, veterans, and
caring social services for their children. FREE is a registered 501(c)(3) nonprofit
organization in California and New York.
Los Angeles, CA
JOB DESCRIPTION
As the CFO you are the true business partner to the CEO and divisional presidents, assess
organizational performance against both the annual budget and company’s long-term strategy.
Develop tools and systems to provide critical financial and operational information to the CEO
and make actionable recommendations on both strategy and operations. Engage the board
finance, audit, and investment committees around issues, trends, and changes in the operating
model(s) and operational delivery. Assist in establishing yearly objectives and meeting agendas,
and selecting and engaging outside consultants (auditors, investment advisors). Oversee long-
term budgetary planning and costs management in alignment with company National Nonprofit
strategic plan, especially as the organization considers sponsorships, potential acquisitions, and
collaborations with external organizations.
RESPONSIBILITIES
- A minimum of a BS; a CPA and/or MBA would be a plus
- At least five years of experience as CFO or equivalent, preferably in a nonprofit
- Deep knowledge and understanding of the Office of Management and Budget Circular A 133 audit
- Experience working with information technology staff to manage finance and accounting software packages
- Excellent written and oral communication skills.
- Demonstrated leadership ability, team management, and interpersonal skills
- Excellent analytical and abstract reasoning skills, plus excellent organization skills.
- Experience in a senior financial-management role, partnering with executive staff,
- Significant experience in or knowledge of nonprofit accounting, including sophisticated
sponsorships, potential acquisitions, and collaborations with external organizations
1. Executive Management
- Serve as a member of executive leadership team
- Participate in key decisions pertaining to strategic initiatives, operating model and
2. Financial Planning and Analysis
- Prepare and maintain regular financial planning reports; Monthly profit and loss forecast
- Complete analysis of financial results; Develop recommendations (strategic and tactical)
- Develop and execute analysis of various business initiatives (e.g., opening new
- Develop and maintain capital budget
- Assist in development of financial planning and analysis exercises/reports
- Participate in calls with Lenders
3. Finance
- Oversee cash flow planning and ensure availability of funds as needed
- Oversee cash, investment, and asset management
- Oversee financing strategies and activities, as well as banking relationships
- Develop and utilize forward-looking, predictive models and activity-based financial
4. Planning, Policy, and Investor Relations
- Coordinate the development and monitoring of budgets
- Develop financial business plans and forecasts
- Participate in corporate policy development as a member of the senior management team
- Engage the finance committee of the board of directors to develop short-, medium-, and
- Represent the company to financial partners, including financial institutions, investors,
- Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations
5. Accounting and Administration
- Oversee the accounting department to ensure proper maintenance of all accounting
- Ensure maintenance of appropriate internal controls and financial procedures
- Ensure timeliness, accuracy, and usefulness of financial and management reporting for
oversee the preparation and communication of monthly and annual financial statements
- Coordinate audits and proper filing of tax returns
- Ensure legal and regulatory compliance regarding all financial functions
6. Team Management
- Mentor and develop a direct team of four, managing work allocation, training, problem
- Guide larger, cross-divisional teams outside of direct span of control within the five main
7. Accounting Activities
- Oversee preparation of month-end, quarter-end and year-end financial statements
- Review all month-end closing activities including general ledger maintenance, balance
- Enhance and implement financial and accounting systems, processes, tools and control systems
- Serve as final point of escalation for Accounts Receivable/Accounts Payable issues
- Develop and manage accounting staff
- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits
8. Cash Management
- Oversee weekly cash management; Approve weekly payables; Execute check signing
- Oversee AR management and provide support to collections activities
9. Corporate Development
- Represent company in efforts with investment bankers and potential investors
- Prepare various analyses and reports required by corporate development efforts
10. Insurance/Real Estate/Legal Affairs
- Manage the company’s insurance program
- Manage the company’s real estate affairs consisting of leases and subleases with
- Manage the company’s legal affairs in the areas of cargo claims, bankruptcies and other small claims matters
WHO WE ARE
Freedom House Reentry Education and Employment Corporation (FREE) is a nonprofit
organization providing reentry services to formerly incarcerated adults, veterans, and
caring social services for their children. FREE is a registered 501(c)(3) nonprofit
organization in California and New York.