Mar 28, 2018

CFO/VP, Finance & Administration

  • Direct Relief
  • California, USA
Finance Economic / Development

Job Description

Vision Statement - Direct Relief will be the world's leading, most transparent, and most efficient provider of charitable medical resources to people most in need of assistance. 

Mission Statement - Direct Relief improves the health and lives of people affected by poverty or emergency situations by mobilizing and providing essential medical resources needed for their care.

Overview:
Reporting to the Chief Executive Officer (CEO), the CFO/VP of Finance & Administration will be responsible for overseeing all fiscal, fiduciary and administrative responsibilities for Direct Relief and its four subsidiaries. The CFO/VP will direct all financial policies and procedures, and lead the financial, accounting, internal control, and administration functions of the organization. The CFO/VP will be responsible for driving the long term financial planning and annual budgeting processes. As a member of the senior leadership team, they will work closely with the Board of Directors and support the Board's Finance, Audit, and Investment committees. Along with the CEO, the CFO/VP will be instrumental in driving Direct Relief's overall business and financial strategy. 

Strategy:
1. Partner with the CEO on all financial and overall strategic needs, both proactively and as new issues arise. Provide strategic recommendations based on sound financial analysis and strategic perspectives.
2. Key owner of organizational strategic plan and a leader in ongoing strategic planning meetings as an integral member of the senior leadership team.
3. Lead long-term financial and budgetary planning to support Direct Relief's strategic and operational plan.
4. Partner with the Director of Information Technology to procure specialized finance and business IT systems that meet the needs of the organization.
5. Collaborate with IT and Operations to continuously update integrated systems and processes.
6. Update Board Finance and Audit committees with relevant strategies, issues, and trends related to finance.

Financial Management:
1. Direct the preparation of all financial reports, including income statements, balance sheets, operations activities, projections of future results, reports to the Board of Directors, external and internal stakeholders, and regulatory agencies.
2. Manage all treasury activities, including maintenance of operating reserves, investment of short-term funds, bank and other borrowing, and bank accounts/relationships.
3. Implement the investment of funds in the Board Restricted Investment Fund as directed by the Board and the Investment Subcommittee.
4. Ensure compliance with appropriate Generally Accepted Accounting Principles and audit requirements.
5. Maintain internal control safeguards related to all aspects of finance, oversee audit activities, and ensure compliance with internal control policies and procedures.
6. Keep abreast of current market and industry issues, regulations and policies.
7. Oversee the development of a financial plan and annual budget that support the strategic plan.
8. Implement and present operational metrics to track and monitor progress of the annual plan.
9. Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
10. Lead and oversee the annual budgeting process, monitor progress, and adjust as necessary.
11. Evolve the financial systems and infrastructure to support expansion and execution of the organization's growth strategy.
12. Lead the finance team in the development of metrics and analytical tools to evaluate departmental and organizational outcomes and goals.
13. Act as the primary interface for the organization with the Audit, Compensation, Finance, and Investment Subcommittees of the Board.

Compliance and Administration Leadership:
1. Oversee pharmaceutical regulatory compliance team, which involves ensuring policies and procedures are in place and maintained to comply with the legal handling of pharmaceutical products.
2. Develop internal control safeguards regarding to all aspects of compliance related to pharmaceutical handling and storage, oversee audit activities, and ensure compliance with internal control policies and procedures.

Team Leadership:
1. Provide leadership and development to the Finance and Administration teams.
2. Create a business partner model within the Finance team to provide expert finance advice across the organization.
3. Guide cross-departmental teams throughout the organization as a member of senior leadership. 
4. Engage members of leadership team (Partnerships and Philanthropy, Programs, IT, Operations, HR, Philanthropic Investment, Communications) throughout the organization to encourage collaboration that ensures financial strategies are aligned with Direct Relief's mission and values.
5. Work with HR to select and develop top talent in Finance and Administration.

Experience and Attributes:
1. Values aligned with Direct Relief's vision and mission.
2. BA or BS in Business or Finance and CPA/CMA a minimum; MBA preferred.
3. Proven success as a strategic, senior leader that can execute on new initiatives that support Direct Relief's mission.
4. Excellent written and verbal communication skills.
5. Demonstrated success in leading finance, accounting, budget and expense control, and reporting activities in a complex organization.
6. Experience and solid knowledge of finance, internal controls and systems.
7. Proven track record of creating policies, procedures, and best practices in finance and accounting.
8. Must be collaborate across all functions and anticipatory regarding current and future needs of the organization.
9. Experience in successfully partnering with IT staff to define and manage critical financial management systems. 
10. Excellent analytical and abstract reasoning skills, plus excellent organizational skills to translate a strategic vision into a financial and operational model.
11. Strong commitment to managing, developing and inspiring a high-quality, service oriented team to deliver a superior level of performance and productivity within a climate of rapid growth and change. 

Title / Level of Responsibility

Vice President

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