Function: The Director of Finance manages the finance and accounting functions of the Hector and Gloria López Foundation. They produce accurate financial reports and improve the current practices to increase the efficiency of the Foundation. They support the COO/CFO with board meeting preparation, manage budgets across multiple divisions, forecast future needs, and help the executive team make informed decisions that support the mission of the Foundation. This position involves collaborating with all levels of the organization.
FINANCIAL PLANNING Lead all short and long term financial planning, reporting, budgeting, accounting and cash management for four lines of business (Ranch/Buildings, Minerals, Investments, and Headquarters), with support from the COO/CFO
REPORTING FINANCIAL STATEMENTS Prepare financial statements for the executive team on a quarterly basis. Investigate, review and analyze variances, involving the department employees in this process if necessary; Take initiative to help manage expenses
REPORTING INVESTMENTS Prepare monthly, quarterly and annual investment performance reports. This includes coordinating with investment managers to obtain benchmark returns and to align return calculations for internal reports and board presentations
BOARD REPORTING Prepare financial presentation materials for quarterly board meetings including investment performance, financial statements for four lines of business
BUDGETING Lead the annual budgeting process involving all department leads, external management companies. Create and consolidate budgets for four lines of business: Ranch/Buildings, Minerals, Investments, and Headquarters
FORECASTING Lead the quarterly financial forecasting process involving all department leads, external management companies
CASH FLOW Lead the organizational cash flow process ensuring sufficient funds are available to meet operational needs and grant payout requirements, while maintaining minimum cash balances
ACCOUNTING Manage and oversee all accounting operations, bookkeeping, bank reconciliations for four lines of business (Ranch/Buildings, Minerals, Investments, and Headquarters); Includes oversight of reconciliation of general ledger and recording journal entries.
AUDIT Assist in the annual audit process. Coordinate and lead response to the audit information request and liaise with external auditors, in conjunction with COO/CFO; Review all reconciliations and audit work papers with help of external contractor/s
TAX Provide information for filing of 990-PF tax return, and prepare the calculations for quarterly tax payments, working with external tax contractor
TAX lead accounting team in preparation of Forms 1099, ensuring timely issuance of all 1099 forms
POLICIES, PROCEDURES and CONTROLS Maintain and enhance financial policies, procedures, and internal financial controls
Manage and comply with local, state and federal government reporting requirements
PEOPLE Indirect management and development of accounting team
SYSTEMS Continual enhancements of Quickbooks Online, Bill.com, and other software used by the finance team
What you bring to the role:
BS degree in accounting, finance or a relevant field required
Certified Public Accountant license required, investment and private equity accounting experience required
Experience with oil and gas a plus
10+ years of broad financial and operations management experience, private foundation experience a plus
Proven track record in leading finance and/or accounting teams (direct leadership or indirect leadership)
Experience with and responsibility for the quality and content of all financial data and reporting, in accordance with US GAAP
Experience managing and consolidating multiple entities
Experience working in software tools: Quickbooks Online, Google Workspace (Docs, Sheets, Slides), Microsoft Office, Adobe, Bill.com. Particularly strong spreadsheeting skills in both Google Sheets and Microsoft Excel
Successful track record of setting priorities, analytic, and problem-solving skills that provide decision support to the executive team; Ability to prioritize a range of tasks across multiple projects
Outstanding verbal and written communication skills. You communicate clearly and are able to synthesize complex ideas into concise ideas
Detail-oriented; you are highly organized
Embrace feedback from colleagues and leader
Be adaptable to changing circumstances; you follow a plan, but you are also flexible and are comfortable making adjustments when necessary
Committed to equity; you believe in improving outcomes for all students
This position will be primarily in-person at the Foundation office located in downtown Austin. However, hybrid work is fully embraced in a structured format upon alignment with the leader. Person must be located in the surrounding area or willing to relocate.
The Hector and Gloria López Foundation is an equal opportunity employer committed to inclusive hiring and dedicated to diversity in our work and staff. We do not discriminate in employment opportunities or practices based on actual or perceived race, color, religion, national origin, sex, age, marital status, sexual orientations, gender identity or expression, pregnancy, childbirth or related medical conditions, veteran status, uniform service member status, disability, or any other characteristic protected by law. Women, people of color (including multilingual and multicultural individuals), LGBTQ+ persons, and people with disabilities are encouraged to apply.
Nike Communications is looking for an Freelance Account Supervisor to work on Travel, Hotel and Real Estate clients from June...
Apply For This JobDescription San Marcos Chrysler Dodge Ram Jeep is looking for a Finance Manager to join their team Job Description:Assists department...
Apply For This JobExperienced Finance Manager Colorado Springs, CO Bob Penkhus is looking to hire an experienced Finance Manager. We are in need...
Apply For This JobAbout Capelli Sport: Capelli Sport is a multi-sports brand and apparel manufacturer based in New York and New Jersey. With...
Apply For This JobJob Description Overview: CIT’s Real Estate finance business, with deep industry relationships, underwriting experience and market expertise, originates, underwrites, and...
Apply For This JobFull Job Description FTS is partnered with a global manufacturing company in their search for a new Finance Manager. This...
Apply For This Job