Chief Financial Officer
Sacramento Children’s Home
Chief Financial Officer
The Sacramento Children's Home is committed to helping build strong families, to opening doors to the future, to maximizing potential and ending the cycle of child abuse.
Our client, The Sacramento Children's Home (www.kidshome.org) has been providing the best care to the most vulnerable children in the Sacramento community for nearly 150 years. They are seeking a dynamic Chief Financial Officer to make a significant contribution to the organization’s accounting, financial reporting, payroll, and fundraising systems.
Not long after the Sacramento Gold Rush, what was to become the Sacramento Children’s Home was founded to care for children who were living wild on the area's riverbanks. Born as an orphanage, the Sacramento Children's Home serves the same purpose today, plus much more. Today, the Sacramento Children's Home serves approximately 5,500 children and 4,200 families each year through residential and community-based programs. Its programs have been recognized and awarded by the local community and beyond. The tradition of service continues through residential, community, and education programs that span a greater range of ages and a broader range of needs than any other child/family support agency in the region. The programs address the needs of children from prenatal through young adulthood by combining prevention, intervention, and intensive trauma care to strengthen families and give children safe, stable homes.
In collaboration with the Leadership Team, the Chief Financial Officer is responsible for managing the financial position—past, present, and future—of the Sacramento Children’s Home (SCH), and providing leadership and direction for both short and long-term financial planning. This position assumes a leadership role in SCH’s Executive Management Team and possesses the ability to promote and advance the integration of program and support services. In addition, the Chief Financial Officer is responsible for management of the administrative operations of accounting, financial reporting, risk assessment and mitigation, and purchasing.
Base of $140,000 to $160,000 (aiming for mid-range or lower.) Benefits include four weeks of vacation a year for the first five years, then five weeks every year thereafter. Sick leave of 48 hours for years one-two, and 80 hours every year thereafter. 403 (b), 457 deferred compensation, medical, dental and vision paid by SCH. FSA, company paid life/AD&D, LTD, employee optional short-term disability, voluntary accident and voluntary life.
Expected outcomes for the first year (in priority order).
Within 90 days:
1. Within the first 10 days, will have met with each member of the Finance/Payroll team, developing an understanding of each individual’s role in meeting the mission of the agency.
2. Within the first 30 days, will have met with the Chair of the Finance Committee, the Investment Committee and the Audit Committee, and understand the expectation of each of the committee chairs.
3. Within the first 30 days will have met with the significant contacts in Wells Fargo and HUB International Insurance.
4. Within the first 90 days will have completed a SWOT analysis of the Finance/Payroll department and as necessary and in collaboration with the CEO, have begun to develop an improvement plan.
5. Within the first 90 days, will have met with the Finance Committee Chair and have collaboratively agreed upon the tools and method to report the financial status of the agency to the Finance Committee, and a summary of such to the Board of Directors.
Within 180 days:
6. Will have presented to the Program managers an assessment and vision for the interaction between Finance/Payroll and Program Managers.
Within the first year:
7. Will have completed an analysis of the Financial Edge/Raiser’s Edge accounting software and based upon those findings, will have made a recommendation for update or replacement.
Experience needed to successfully achieve the expected outcomes.
(Priorities are in order)
We are seeking candidates who can demonstrate any combination of education, training and experience which would demonstrate the ability to successfully perform these duties and achieve these expected outcomes. A typical way to demonstrate these qualifications would be:
1. High level financial management in a similar size organization ($13 million budget/200 FTEs) with multiple cost centers.
2. Government funding reimbursement experience is preferred.
3. Responsibility/oversight for an internal control system.
4. Extensive group training and presentation experience.
5. Successful experience working within a collaborative process.
6. Experience managing six plus direct reports.
7. Experience explaining complex financial matters to nonfinancial individuals and stakeholders.
8. Experience working with blended funding streams, the budgeting process and cost allocations.
Competencies needed to successfully achieve the expected outcomes.
* Strong fund accounting principles; including general ledger, accounts payable, accounts receivables, payroll, and reporting. The ability to develop others in the identified competencies.
* Extensive knowledge of consultative budgeting, contracts, grants, investments, blended funding, a regulatory environment, maximizing government reimbursement (85% of revenue is government funding) and thinking through a diversification of revenue sources and non-profit tax reporting.
* Leadership skills modeling respect and teamwork.
* Strong written and verbal communication skills.
* Strong collaboration skills in working with multiple work teams and board committee; ”brings in the answer.”
* The ability to complete an overall system analysis and make recommendations for improvement on an ongoing basis.
1. Undergraduate degree (business, accounting, finance or complementary MBA or equivalent desired).
2. CPA a plus. Active California License not required.
(Work style, personal traits and character)
* Teamwork and collaboration; team decision-making. Thinks about what others are trying to accomplish and helps them do so.
* Open door policy
* Continuous quality improvement
* Construction (project and fund accounting)
This is a wonderful opportunity to play a key role in a Sacramento community agency that is well-respected for its tradition of providing the critically-needed services that are “the heart of a home” for many children and families in the Sacramento region. The ideal candidate will have a passion for this mission and will work with the management team to raise the agency’s profile and ensure its ability to fulfill its mission and maintain its outstanding reputation for generations to come.
Sacramento is the capital of California and the county seat of Sacramento County. The city of Sacramento is the cultural and economic center of the Sacramento metropolitan area, the fifth largest in California and the 27th largest in the United States. Local universities include California State University, University of the Pacific's McGeorge School of Law, and the University of California in nearby Davis. The UC Davis Medical Center, a world-renowned research hospital, is one of 19 hospitals in the Sacramento region.
Sacramento is home to the NBA Sacramento Kings, the Sacramento Republic soccer team, and the Sacramento River Cats, San Francisco’s AAA baseball team. The Kings now play in downtown Sacramento’s new $557 million, 17,500-seat Golden One Center. San Francisco, Lake Tahoe and more than a dozen ski resorts are less than a two-hour drive from Sacramento. Sacramento International Airport handles non-stop flights to and from 28 U.S. destinations (including Hawaii), as well as Mexico.
COMPENSATION AND INTERVIEW PROCESS
The excellent compensation package includes a salary of $140,000 to $160,000, depending on qualifications. Also provided are generous benefits which include four weeks of vacation a year for the first five years, then five weeks every year thereafter. Sick leave of 48 hours for Years One and Two, and 80 hours every year thereafter. In addition, a 403 (b), 457 deferred compensation, medical, dental and vision are paid by Sacramento Children’s Home, as well as a Flexible Spending Account, company paid life/AD&D, Long-Term Disability, employee optional short-term disability, voluntary accident and voluntary life insurances.
Pre-screened, selected candidates will be invited to interview in Sacramento, CA, with the Search Committee, with second interviews the following morning for those who advance.
PROCEDURE FOR CANDIDACY
For confidential consideration, at your earliest convenience, please email your chronological resume (to include description and size of current/prior organizations and responsibilities) and compensation expectations to: SCH-CFO@wilcoxcareer.com
WILCOX MILLER & NELSON CONTACTS
Diane Miller, President & CEO firstname.lastname@example.org
Rupinder Colby, Search Consultant email@example.com