CHIEF FINANCIAL OFFICER
ABOUT SENECA FAMILY OF AGENCIES
Seneca Family of Agencies (formerly Seneca Center) was founded in 1985 as a small Bay Area residential and day treatment program with a simple but powerful mission: to help children and families through the most difficult times of their lives. Since then, Seneca has expanded to provide a broad continuum of permanency, mental health, education, and juvenile justice services, which today reach over 18,000 youth and families throughout California and Washington State each year.
The organization is driven by the fundamental belief that children and families do not themselves fail, but rather are failed by systems unable to meet their complex needs. Guided by their core agency values of love and compassion, hope and courage, respect, curiosity, joy, equity and justice, Seneca refuses to fail the young people and families we serve. Seneca offers each child and family a profound promise: you will be supported every step of your journey, no matter what challenges you face along the way. Seneca Family of Agencies has been named a Top Workplace for the past eight years and we pride ourselves on being an innovative leader in the provision of comprehensive school, community-based and family-focused treatment services for children and families experiencing varying levels of trauma and disruption. Our vision for service is an integrated community-engaged approach with high standards of practice. Our workplace culture values diverse perspectives, collaboration, and a commitment to professional development.
ABOUT THE POSITION
Reporting to the CEO and overseeing a budget of $180M, the Chief Financial Officer (CFO) provides executive-level leadership and planning to ensure the financial and operational success of Seneca’s strategic goals. The CFO also leads process improvement initiatives to ensure accurate reporting, maximizes revenues within each contract, and ensures optimal utilization of resources.
The CFO directs Seneca’s financial and risk management, including overall financial functions, systems, and reporting, budgeting, audit, internal controls, and regulatory compliance, cash management and investments, financial and strategic planning, credit financing capital needs, debt structure and service, and contracts management. The CFO also staffs the finance and audit committees and the investment subcommittee of the Board of Directors.
The ideal candidate has a mission-driven approach and will ensure that Seneca can identify issues and problems quickly, and plan effectively to improve overall productivity and efficiency.
ROLES & RESPONSIBILITIES
Financial Strategy and Planning
- Develop and implement financial strategies and systems aligned with the organization's goals and mission, and size, scope and complexity.
- Oversee the preparation of the annual budget, financial forecasts, and long-term financial plans.
- Provide financial insights and recommendations to the CEO and the board of directors to support decision-making processes.
- Ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements.
- Monitor and analyze financial performance, identifying areas for improvement and risk mitigation.
- Develop and implement financial controls, policies, and procedures to safeguard assets and ensure compliance with relevant regulations and accounting standards.
- Manage cash flow, investments, and financial risk to maintain the organization's financial stability.
Resource Allocation and Efficiency
- Optimize resource allocation to maximize the impact of the organization's programs and initiatives.
- Collaborate with program leaders to develop financial models and evaluate the financial viability of new projects or initiatives.
- Conduct cost-benefit analyses and recommend strategies for cost optimization and revenue generation.
- Identify and pursue opportunities for grants, partnerships, and other funding sources to support the organization's financial sustainability.
Team Leadership and Development
- Provide strong leadership and guidance to the finance and accounting team, fostering a culture of collaboration, accountability, and continuous improvement.
- Mentor and develop finance staff, promoting professional growth and succession planning.
- Promote a high level of financial literacy across the organization, ensuring all stakeholders understand financial reports and implications.
Compliance and Risk Management
- Ensure compliance with applicable laws, regulations, and reporting requirements, including tax filings and audits.
- Implement and maintain effective internal controls to mitigate financial and operational risks.
- Monitor and assess risks related to financial activities and develop appropriate risk management strategies.
- Bachelor's degree in finance, accounting, or a related field (master’s degree preferred).
- Certified Public Accountant (CPA) designation strongly preferred.
- Minimum of ten (10) years’ experience in financial management role with progressive complexity and degrees of responsibility, preferable in nonprofit organizations managing all financial operations.
- Strong experience in contract management, specifically Department of Health Care Services (DHCS), Department of Social Services (DSS) and Department of Education (DOE) and ensuring the financial success of those contracts.
- In-depth knowledge of non-profit accounting principles, financial regulations, and compliance requirements.
- Strong financial analysis, forecasting, and strategic planning skills.
- Demonstrated ability to develop and implement financial systems, controls, and policies.
- Experience managing investments, endowments, and grant funding.
- Excellent leadership and interpersonal skills, with the ability to communicate complex financial concepts to diverse stakeholders.
- Strong problem-solving and decision-making abilities, with a focus on innovation and continuous improvement.
- High ethical standards and a commitment to the mission and values of the non-profit sector.
COMPENSATION & BENEFITS
Salary is commensurate with experience. Range for the role is firm between $200,000/yr - $214,000/yr and based on a formula that considers years In the current role as well as Masters Degrees and bilingual certification. The CFO position is primarily remote but will require regular travel to California. Seneca offers a full benefits package including:
- Medical, dental, vision, chiropractic, acupuncture, and fertility coverage
- Long-term disability, life insurance, and optional voluntary cafeteria plans
- Partially paid premiums for dependents
- 403b retirement plan
- Employer-paid Employee Assistance Plan
- 5 weeks of flexible paid time off and 11 paid holidays
- Abundant professional development, scholarship, and promotional opportunities
Seneca Family of Agencies is committed to the principle of equal employment opportunity for all employees and providing employees with a work environment free of discrimination and harassment. All employment decisions at Seneca Family of Agencies are based on organizational needs, job requirements and individual qualifications, without regard to age, race, color, religion or belief, sex, sexual orientation, gender identity, national origin, veteran, disability status, family or parental status, or any other status protected by federal and CA state laws.
Envision Consulting was retained by Seneca Family of Agencies to conduct the search for their incoming CFO.
Applicants needing accommodation for any part of the application process may contact Envision Consulting at 626.889.7905 to request and arrange for assistance.