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Chief Financial + Administrative Officer

Employer
Robin Hood Foundation
Location
New York, United States
Salary
Salary Commensurate with experience
Closing date
Nov 17, 2021

View more

Position Type
Executive, Administrative, Accounting and Finance, Human Resources, Information Systems, Office Administration, Other Administrative
Fields
Advocacy, Community Development, Community Foundations, Other Fields, Philanthropic Advisors, Social Services
Employment Type
Full Time
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About Robin Hood

Founded in 1988, Robin Hood finds, fuels, and creates the most impactful and scalable solutions lifting families out of poverty in New York City. The largest poverty fighting organization in New York City, Robin Hood partners with top non-profits in New York City and invests in legal services, housing, meals, workforce development training, education programs, and other vital services that give New Yorkers in need the tools they need to build better lives. The programs it funds are often the first of their kind and serve as demonstration models to identify what works before being replicated in other cities. Because its Board of Directors covers 100% of all administrative, fundraising, and evaluation costs, every dollar donated goes directly to organizations helping New Yorkers in need.

 

While Robin Hood’s primary focus is on New York, its impact extends far beyond the borders of the city. Its pioneering, metrics-based approach has become the gold standard for charities around the nation as Robin Hood works to understand and evaluate the impact of its partners to ensure that its philanthropic dollars are utilized to maximum impact. Robin Hood also supports its community partners and their leaders with financial and strategic support and management assistance that allows those organizations to maximize their impact.

 

Building on our 30 years of experience, Robin Hood is expanding our impact with an explicit focus on lifting families sustainably and measurably out of poverty through supporting the most effective community partners; influencing public policy; raising our thought leadership profile; importing and exporting effective ideas and strategies nationally; and building new collaborations with strategic partners. As New York City emerges from the worst of the global pandemic, we are focused on getting families back on their feet; getting kids back on track; and getting New Yorkers back to work.

 

Robin Hood also understands that in order to advance our mission of economic mobility most effectively, we must become an effective partner with government, especially at the city and state levels. We accomplish this by leveraging the expertise of our team and our community partners to advance public policy that will support under resourced communities and people most in need in our city. We also aim to collaborate with New York City government to fund program and policy innovations that hold the promise of expanding economic opportunity in New York City – providing “risk capital” for high-potential strategies. In this way, we seek to leverage our philanthropic investments by encouraging government to adopt the highest-impact strategies at scale.  Robin Hood must be known as a thought leader, powerful voice, and catalyzing force for people experiencing poverty. Given its long-standing reputation in philanthropy and its support for over 250 New York City non-profit organizations, Robin Hood has the unique ability to both directly advocate to decision-makers and mobilize grassroots support on behalf of the causes it chooses to champion.

 

Reporting Relationship

The Chief Financial + Administrative Officer will report to the Chief Executive Officer, Richard Buery, and will serve as a member of the Executive Team.

 

Primary Responsibilities

The Chief Financial + Administrative Officer (CFAO) is critical to the overall operations of Robin Hood as a strategic partner and leader of the organization.

  • The CFAO will be responsible and accountable for the day-to-day strategic and managerial leadership of the critical infrastructure functions of: finance, human capital, information technology, and operations/ facilities.
  • The CFAO will be responsible for overseeing all fiscal and fiduciary responsibilities for Robin Hood, in conjunction with the Board of Directors and the Audit, Finance and Compliance, and Executive Committees of the Board.
  • The CFAO is responsible for ensuring financial input is collected on all issues under consideration by the board and management.
  • The CFAO is the chief financial spokesperson for Robin Hood.
  • The CFAO is responsible for ensuring the performance of all fiscal tasks necessary to achieve Robin Hood’s mission and execute growth strategies.

 

Specific responsibilities include, but are not limited to:

Strategy

  • Responsible for providing critical financial and operational information to the CEO and make actionable recommendations on fiscal strategy, management, and operations.
  • Assist the Audit, Finance and Compliance committee of the board in establishing yearly objectives for Robin Hood and provide periodic reporting to that committee and the Board.
  • Assist the CEO and the Board in selecting and engaging outside consultants (auditors, investment advisors).
  • Participate with CEO and senior leadership team in multi-year strategic planning, annual prioritization and goal-setting, the development of new initiatives, drafting of prospective budgets and determining cost effectiveness of the initiatives.
  • Oversee long-term budgetary planning and costs management in alignment with Robin Hood’s strategic plan.

 

Financial Management

  • Systematically monitor, review, and upgrade systems, policies, controls, accounting standards, training, and procedures to improve efficiency and effectiveness of all financial operations.
  • Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles (GAAP) and all regulatory requirements as applicable.
  • Lead staff and systems to develop and manage robust financial planning, budgeting, spending, and analysis.
  • Lead the organization in all internal and external operational and financial-related reporting including the annual audit process with an external accounting firm, tax reporting, and investment accounting and performance.
  • Routinely communicate accurate short- and long-term financial information to the CEO and Board.
  • Provide quarterly financial reporting to the Board and AFC Committee, as well as ongoing financial reports to management of all departments as requested (budget, cash flow, line-item detail).
  • Manage cash flow and forecasting. Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs. Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.
  • Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.
  • Manage and track the performance of Robin Hood’s investment portfolio in keeping with the policies and investment guidelines established by the finance committee.
  • Responsible for evaluation and maintenance of internal control safeguards.
  • Coordinate all audit activities and prepare financial statements.
  • Responsible for preparation of 990 and 990-T.
  • Work with General Counsel to ensure fiscal elements of state regulatory filings are complete and correct.
  • Partner with the Managing Director, Controller and Managing Director, Information Technology & Operations to procure and/or upgrade specialized Finance/IT systems that meet the needs of the organization.
  • Advance new revenue opportunities by structuring creative and beneficial financial relationships and partnerships.

 

Operational Management

  • Drive development, management, and continual improvement process related to all business processes. Systematically monitor, review, and upgrade systems, policies, risk management controls, and procedures to maintain the highest standards of operational excellence.
  • Lead the development of systems and procedures to assess and manage risks to Robin Hood. Coordinate plans to mitigate risks through insurance, IT security, and policy management.
  • Review and authorize all contracts for services; in collaboration with the Managing Director, Controller and finance office, review and authorize all disbursements of funds.
  • Ensure that Robin Hood’s technology environment, information systems, knowledge management and staffing remain current and compliant.
  • Lead leasing, space planning and office allocations and oversee timely completion of projects to upgrade facilities.
  • Oversee the facility operations of Robin Hood to ensure the safety of guests and efficiency of resources.
  • Attend to upgrade and communications of emergency plans.
  • Oversee and centralize purchasing functions.
  • Oversee the legal department.
  • Ensure that Robin Hood operates within accepted legal standards and in accordance with all legal requirements, and to best practice standards.
  • Oversee the information technology department ensuring that strong business continuity practices are in place and adhered to and that technology is refreshed in a systematic and orderly fashion.
  • Systematically monitor, review, and upgrade systems, policies, risk management controls, and procedures to maintain the highest standards of operational excellence.

 

Compensation and Benefits Management

  • Work with Chief People & Culture Officer to develop a graded compensation framework by department.
  • Participate in the annual review and evaluation of Robin Hood’s benefits and benefit providers.
  • Assume fiduciary responsibility for retirement plan in collaboration with Chief People + Culture Officer and General Counsel, as authorized benefits officers.

 

Team Management

  • Mentor and develop a team of direct reports, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
  • Guide larger, cross-divisional teams outside of direct span of control within Robin Hood where appropriate, as issues arise.
  • Create accountabilities, and development goals; set objectives, review, and manage staff performance, mentor and develop individuals to achieve excellence, original thought, and proactivity in all aspects of their work.

 

General Leadership

  • As a member of the executive team, serve as a key thought partner and advisor to the CEO and, with other members of the executive team, provide cultural and strategic leadership to the organization.
  • Act as a champion for equity.
  • Lead by example and model a culture of collaboration, transparency, open communication, and dynamism.
  • Build and manage high-performing teams and long-tenured colleagues.
  • Influence and inspire team members at all levels to achieve highest standards of excellence.
  • Create and maintain communication systems that are straightforward and timely between operational units and across Robin Hood.
  • Ensure business information is disseminated appropriately within the organization.

 

Preferred Qualifications

  • A minimum of 15 years of related, full-time working experience at the CFO, CAO, or similar level.
  • Demonstrated understanding of finance, business management, strategic planning, accounting, IT, and operations to elicit credibility with all levels of management and drive business decisions in a positive manner.
  • Expert knowledge and understanding of financial and accounting principles and systems.
  • Experience in a complex organization and ability to forge collaborative relationships with the CEO, senior leaders, and the Board of Directors.
  • Proven track record of successfully managing and developing high performing teams and leading and collaborating with senior colleagues.
  • Experience leveraging technology and systems to provide insights and drive efficiencies and innovation across the organization.
  • Strategic thinker and demonstrated track-record of sound and objective judgement.
  • An MBA or similar advanced degree and/or CPA certification is preferred.
  • Seasoned and mature leader of people and processes.
  • Demonstrated executive presence, confidence, and a strong sense of self.
  • Able to adapt to changes in direction and lead effectively.
  • Ability to proactively anticipate and address functional and organizational trends.
  • Excellent written and verbal skills including ability to present to the Board of Directors in a clear and concise style and be comfortable answering probing questions and making thoughtful suggestions.
  • Excellent computer skills and proficiency with database and spreadsheet applications.
  • An understanding of charitable giving legal guidelines, specifically as it relates to advancement activities.
  • An ability to inspire and motivate others; strong interpersonal skills.
  • An ability to excel within a dynamic team setting.
  • A passion and commitment to Robin Hood’s mission.

 

Diversity, Equity, and Inclusion

Robin Hood is committed to promoting diversity, equity, inclusion, and representation in all aspects of its work. As New York City’s largest poverty-fighting organization, Robin Hood believes that building a diverse team is fundamental to its ability to effectively serve and strengthen organizations serving the most vulnerable communities in the city, and to influence the policies that affect them.

Robin Hood believes in the potential that diversity creates – deep and responsive relationships with its community partners; the ability to solve complex problems efficiently and effectively; and, most importantly, the ability of its diverse staff to work to its full capacity.

Robin Hood builds diversity, inclusion, and equity practices into all aspects of its work. Its practices, values, traditions, and beliefs are embedded in the inclusive culture that it creates. Operationally, its formal and informal structures support a work environment that advances the professional development of staff at all levels, allows for innovation, and grounds its work as poverty fighters.

In its workplace, diversity equals representation. Robin Hood seeks to attract and retain a staff that reflects the communities that it serves. Racial and ethnic diversity matter to it, as does diversity among other cultural identifiers (ability, educational background, generation, gender, gender expression, religion, immigration status, military status, sexual orientation, socioeconomic status).

Diversity within Robin Hood's staff is enhanced by its efforts at meaningful inclusion. It ensures that team members are empowered to make decisions, offer actionable feedback, and share credit for team success. Further, Robin Hood seeks to develop its talent professionally and has created an intentional focus on mentorship and sponsorship, particularly of junior staff. Its goal is to encourage long term talent retention and engagement, while fostering a culture of innovation.

 

Robin Hood Guiding Principles

As an organization committed to economic mobility, our work is grounded in the following Guiding Principles:

  • Diversity, equity, and inclusion
  • Proximity and humanity
  • Risk-taking and innovation          

 

Our professional community reflects myriad demographic characteristics, perspectives, and backgrounds, which includes various identities that reflect diversity in gender identity and expression, race, ethnicity, religion, sexual orientation, ability, and socioeconomic status.  Our colleagues have access to opportunity and advancement, as we promote fair and equitable treatment and have encouraged participation by underrepresented groups. As a team, we promote a sense of belonging, high levels of engagement, and shared respect.

  • Robin Hood puts people first.
  • Robin Hood is unafraid to take action and create solutions.
  • Robin Hood is data driven and heart led.
  • Robin Hood works the coat check.

 

Salary and Benefits

Robin Hood offers a highly competitive and comprehensive salary and package of employee benefits and encourages strong work-life balance. This position is located in New York City.

 

Application Instructions

All applications must be accompanied by a cover letter and résumé. Review of applications will begin immediately and continue until the successful candidate has been selected.

To apply for this position, visit: Chief Financial + Administrative Officer

To nominate a candidate, please contact Dr. Stephanie A. Royal, Chief People + Culture Officer: royal@robinhood.org or 212.844.3555.

 

All inquiries will be held in confidence.

 

Please note that Robin Hood Foundation has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Robin Hood employees are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.

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