Chief Financial and Operating Officer

col-wide

Title:

Chief Financial and Operating Officer

Employment Type:

Full time

Location:

Seattle, WA

Application Contact:

hr@seattlefoundation.org

Job Description:

Who Are We? 
The Heart & Science of Philanthropy
Greater Seattle is changing and growing, and so is Seattle Foundation. “The heart & science of philanthropy” is the intersection of passion and discipline to create lasting change. As the community’s foundation, our mission is to ignite powerful and rewarding philanthropy to make Greater Seattle a stronger, more vibrant community for all. We work with more than 1,200 individuals, families, and corporations to strategically invest their philanthropic resources in ways that inspire continued giving. We also partner with philanthropic institutions, government agencies, community organizations and businesses to catalyze positive change in our community across a range of issues.
 
Our organizational culture is one of engaged teamwork, where we support one another in reaching our collective and individual goals while constantly learning along the way. Our office is located in the downtown core of Seattle, however our reach is much broader than that – we focus on Greater Seattle and the Eastside and also support donor interests across the country and around the globe. We seek individuals to join our 40+ (and growing!) team who are committed to our vision of a stronger, more vibrant community for all; collaboratively finding solutions; continually improving; and going the extra mile in service of our philanthropic partners and the broader community. We’re in the midst of an exciting evolution in our work. More information about Seattle Foundation can be found at www.seattlefoundation.org.

What’s the Opportunity?
The Chief Financial & Operating Officer, an exempt employee reporting to the CEO, is responsible for the operation and oversight of financial and operating functions of the Foundation including all aspects of financial management and reporting, treasury and fund operations, tax, banking, audit, human resources, IT, risk and legal management, facilities, and other operations associated with the key business processes of the Foundation. The Chief Financial & Operating Officer plays a strategic role as a core member of the senior leadership team and supports the cultivation of key external relationships and philanthropic partners. This position leads a group of eleven, including the Directors of Finance (Controller), Human Resources, Information Technology, and Treasury/Fund Operations.
 
 
Specific responsibilities include:
 
1.       Financial Management and Reporting
·         Oversee the overall day-to-day financial activities of the Foundation, augmenting internal controls, processes, and procedures where necessary to ensure the integrity of financial information and compliance with requirements of various government entities
·         Oversee the preparation of financial statements, reports, metrics, and other analyses to improve business intelligence, inform decision making, and help the Foundation pursue new endeavors profitably
·         Oversee the development of the annual budget, providing the leadership team with financial analysis of business strategy and resource allocation decisions; monitor expenses against board-approved budget
·         Attend Board of Trustees meetings, provide management support to the Investment, Finance, Impact Investing, and Audit committees of the Board, and other financial support & analysis as needed
·         Maintain productive relations with banks, auditors, and other related third parties
 
2.       Treasury and Investment Management
·         Maintain strong relationships with investment consultants, custodians, and outside investment professionals who manage the Foundation’s $800M+ fund balance
·         Monitor and report on investment activity, performance and allocation of Foundation’s investment portfolio, including oversight of non-standard gifts and Impact Investing
·         Assist VP of Philanthropic Services with donor cultivation, gift acceptance of complex assets, education and other support as needed
·         Oversee cash management functions to ensure availability of cash to make timely grant payments
 
3.       Operations
·         Drive the development and improvement of systems, processes and policies to increase operational excellence and agility
·         Oversee the design and administration of Human Resources practices including the employee life-cycle, compensation and benefits, professional development, and talent management 
·         Oversee the direction for the Foundation's information technology, systems development, enhancement and integration of new systems with existing systems, and cyber-security and disaster recovery   
·         Evaluate risk management practices, ensure appropriate insurance and review and negotiate contracts
·         Oversee the maintenance of corporate records in compliance with relevant laws and regulations
 
4.       Leadership
·         Be a strategic business partner to the leadership team, helping drive organizational capability and value
·         Lead strategic and annual planning processes for the Finance & Operations team, contribute to cross-team planning, and assist the CEO with alignment of strategic priorities and creating a culture of excellence
·         Participate in conferences, workshops, committees, task forces, and other meetings of national and regional affinity groups, related to the Foundation's strategic goals
·         Represent the Foundation through public speaking engagements, interviews, etc., as needed
·         Develop, lead and manage a high-performing, high-impact team
What Are We Looking For?
Preference will be given to candidates with knowledge and demonstrated experience in:
·         Broad business background with 20+ years’ experience across multiple functional areas such as finance & accounting, operations, and risk management
·         MBA or related degree; investment/fund ops/administration experience beneficial; CPA preferred
·         Organizational Leadership:  a business and people leader who can develop a high performing team, with the executive maturity to collaboratively lead across the organization, and the EQ to engage in self-observation and improvement
  • Appropriate balance of strategic acumen and ability to anticipate and mitigate execution challenges to effectively deliver results
·         Intellectual curiosity, strong critical thinking and analytical problem solving skills, and a willingness to embrace new ideas and lead appropriate change
 
We are also looking for:
·         Exceptional communication and presentation skills, with the ability to present complex ideas, financials, and processes clearly and in an engaging and audience-relevant manner
·         Demonstrated ability to engage and cultivate relationships with donors, professional advisors, board members and the business community and influence a wide range of stakeholders
·         A creative approach that leverages both systems and process thinking to ensure operational practices and processes are effective and scalable
·         Highly motivated and organized, able to juggle competing priorities
·         Knowledge of HR, information technology, and nonprofit finances preferred
·         Ability to attend and participate in events and activities outside core business hours
·         Passion and affinity for Seattle Foundation’s mission, values and behaviors
·         Desire to be a change agent within the organization and contribute positively to the organizational culture

What Can You Expect?
A uniquely stimulating, challenging, and satisfying leadership environment with a platform to shape the growth of Seattle Foundation at a critical time in which the organization is evolving its role and impact in the community. A competitive salary and excellent benefits, including health insurances (medical, dental, vision and long-term disability); a generous retirement plan match; and vacation/sick leave. 
Seattle Foundation
1601 Fifth Avenue Suite 1900
Seattle, WA, United States
Phone: 206-522-2294
Web: www.seattlefoundation.org

Organization Profile