Chief Financial Officer (Remote)

DGW Consulting Group (Tides) - United States

Tides Overview

Headquartered in San Francisco, California, Tides is a philanthropic partner and nonprofit accelerator dedicated to building a world of shared prosperity and social justice. The organization recently embarked on a new strategic direction to strengthen the power of groups who face systemic barriers to resources and opportunities - especially BIPOC leaders, their organizations, and communities. We believe that to achieve shared prosperity and social justice, we must take a collaborative, bold approach to the work.

2021 was a landmark year in Tides’ 45-year history. The organization welcomed and expanded a new executive team, increased our resources for operational excellence, and grew our core staff. The organization landed on a new impact goal to focus its work ahead: Tides will strengthen the power of groups who face systemic barriers to resources and opportunities — especially BIPOC leaders, their organizations, and communities.

Tides’ core services include philanthropic giving and grantmaking, impact investing, fiscal sponsorship and acceleration services for social ventures, collaborative workspaces, and collective initiatives. We support our partners by providing executive sponsorship, staffing resources, financial management, legal and risk compliance, communications, and administrative services.

Tides is dedicated to fostering justice, equity, diversity and inclusion within our workplace and beyond. Our organization seeks team members who represent a wide range of backgrounds, beliefs, and experiences. We are committed to assembling and strengthening a diverse and inclusive staff and Board of Directors, and ensuring that we are applying our JEDI principles to all aspects of our organization and those we serve. Tides is an organization that builds bridges between communities, networks, and concepts.

Tides is comprised of five separate legal entities –Tides Center, Tides Foundation, Tides Two Rivers Fund, Tides Inc. and Tides Network, the parent organization that employs the majority of our staff. In 2022, Tides’ consolidated revenue is expected to exceed $1.3 billion and our $40M operating budget enables us to support annual activity of more than $1B in inflows and spending through donor-advised grants and fiscal sponsored programs. Tides has more than $1.5 billion in assets under management (AUM) and a commitment to an Investment Portfolio of impact. For more information visit: https://www.tides.org/

 The CFO Role

Tides seeks an outstanding financial executive to successfully lead the organization through the next chapter of sustainable and continued growth. They will lead Finance, Impact Investments, and Real Estate for all Tides entities. Reporting to the Chief Executive Officer, the CFO will serve as a strategic thought leader, problem- solver, planner, and facilitator for the organization to support the vision, mission and priorities of Tides. They will act as a change agent to transform the finance function and work cross-functionally to help build a culture that promotes operational excellence.

The CFO will lead a staff of 60+ and manage a senior team of at least five direct reports. They will play a significant role with the Board of Directors (Board) and serve as the main liaison to both the Audit and Risk Committee and the Finance Committee. As an integral member of the executive leadership team and working in close partnership with the CEO, the CFO will provide strategic, financial, and operational leadership and contribute to a culture of transparency, collaboration, and dynamic leadership in the organization. The CFO will lead, mentor, and develop high-performing individuals and teams, and ensure they have the skills, capacity, information, systems, and support to meet the strategic, complex problem solving, and financial operating needs of partners. The CFO will oversee:

  • Financial Management - budgeting, analysis, forecasting, and reporting for all Tides’ entities

  • Fiscal Sponsorship and Funds Support - financial operations, problem-solving, and transactional support to internal teams, 160 external partners and 350 funds

  • Financial Operations - accounts payable, accounts receivable, treasury, general ledger accounting, payroll, procurement, and statutory filings for our five entities

  • Impact Investments - impact investment priorities, policies, and strategies

  • Real Estate - management of properties in San Francisco and New York

What You Will Do

Strategic Leadership

  • Serve as a strategic advisor and thought partner to the CEO and Executive Leadership Team to advance Tides' vision, mission, approach and strategic plan, and create a sustainable business model.

  • Develop and implement a strategy for the Finance, Impact Investing and Real Estate functions, including structure, skills, resources, and technology systems, and ensure Tides is well positioned for long-term success and sustainability.

  • Work collaboratively across the organization and in support of business partners to improve operations, support decision-making, ensure financial integrity, and implement best practices and innovations in financial management.

  • Provide financial leadership and execute on a strategic business direction that aligns financial, investment, and real estate strategies to achieve organizational Blended Return on Investment (ROI) objectives and a sustainable financial model for Tides.

  • Report to the Board on the financial health of the organization and partner with the Board’s Financial Committee to set strategic goals, approve budgets, and manage other strategic matters.

  • Contribute to, evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.

  • Regularly monitor laws and regulations within the industry domestically and internationally, and strategically advise on adjustments in order to be responsive to future growth areas and marketing needs.

  • Represent Tides at conferences and strategic events, build on relationships and develop future work for Tides.

Partner Impact Leadership

  • Ensure partner satisfaction for delivery of financial information to Tides broad partner base, including Tides Center and Tides Foundation.

  • Lead the development and growth of impact investment strategies that align the assets of Tides and its partners to a goal of shifting power to proximate, especially BIPOC-led, organizations in the ecosystem.

  • Collaborate with partner facing services in the development, execution, impact measurement, and necessary course correction of financial services and other solutions provided to partners.

  • Establish strong relationships with partners and develop an understanding of needs to steward changes (pricing, processing, etc.), furthering Tides overall strategy and growth.

Operational Leadership

  • Strengthen and ensure efficiencies of the organizational structure, systems, and business practices required to support growth, strategic initiatives, and the changing and disparate needs of partners.

  • Ensure operational infrastructure and financial foundation to advance Tides’ mission by strategically enhancing financial performance, systems availability, and business opportunities.

  • Lead change management strategies for budgeting, forecasting, financial analysis and reporting, processes and infrastructure to support a more nimble organization.

Management

  • Manage the organization’s financial, budgetary, accounting and investment operations, as well as its relationship with financial institutions, major funders and clients, vendors, investment managers, and other partners .

  • Ensure Finance/ Real Estate/Investment teams have the skills, capacity, information, systems, and support to meet the strategic, complex problem solving, and financial operating needs of internal and external partners.

  • Direct the organization’s Real Estate function inclusive of lease and financing

  • Assess and evaluate the financial performance of the organization and provide insight and recommendations for short and long-term sustainability and growth.

  • Play a key role in Risk Management, including monitoring and mitigating enterprise risk in partnership with the Audit and Risk Committee, IT leadership, Legal, Regulatory, and Compliance.

  • Manage financial and risk operations and monitor control systems designed to preserve company assets and report accurate financial results in compliance with GAAP and applicable federal, state, and local regulatory laws.

  • Further develop financial and operational metrics tied to the organization’s strategy and financials, and track performance against goals.

  • Serve as an exceptional role model as a leader and manager, investing deeply in supporting and developing direct reports and team members.

  • Maintain opportunities for staff development and promote a learning environment; actively promote JEDI as a core value.

What You Will Bring

Educational Background

  • BS in Accounting or Finance, MBA or equivalent advanced degree. A CPA is highly desired.

Qualifications and Key Competencies

  • Deep commitment to Tides’ mission and new strategic direction.

  • 20+ years of directly-related, progressive finance/accounting experience

  • 10+ years of experience as a trusted member of an organization's executive leadership team, with 5+ years working in a complex organization with multiple entities.

  • Experience in a not-for-profit, fiscal sponsor, donor advised fund program and/or 501(c4) advocacy organizations is a plus.

  • Track record of transforming a finance function to include technology and systems that drive automation and efficiencies, as well as a culture of data and learning that empower internal and external partners to make informed decisions.

  • Familiarity with leading-edge technologies (NetSuite ERP or other similar Financial ERP software) and market practices for shared services and financial services operations is a plus.

  • Experience managing large finance teams within a high-volume financial transactions environment and a track record managing financial strategies for separate business entities.

  • Expertise in financial planning and analysis, budget management and cost allocation methodologies is required; familiarity with GAAP, internal controls and not-for-profit accounting is a plus.

  • Strong communication and problem/conflict resolution skills; high emotional intelligence with the ability to build and maintain positive relationships internally and externally and strategic thinker and systems builder with demonstrated success leading change management initiatives.

  • A leader with a high degree of integrity and forethought in making decisions; able to act in a transparent and consistent manner, while always considering what is best for Tides.

  • A “roll up your sleeves” entrepreneur with a low ego, committed to driving results and continuous improvement.

  • Strong leader and team player who brings a partner-first focus and attitude.

  • Commitment to embracing and valuing diversity, equity and inclusion; working with a multicultural workforce and sensitivity and appreciation to cultural differences.

  • Excellent leader of people with the ability to attract, recruit and develop top talent for a national hybrid organization that recently entered into our first collective bargaining agreement. Able to delegate effectively, celebrate diversity within the team, and manage performance against goals.

  • Ability to learn quickly; able to flex and/or pivot when needed and operate effectively in a fast-paced, multifaceted environment.

Location

Location is flexible; open to remote in the U.S. with the ability to travel to San Francisco, CA. and New York City as required.

Salary Range

Tides is committed to providing a competitive compensation package. The salary for this role ranges from $350,000 to $450,000 based on geographic location, years of experience, and ensuring pay equity within the organization. The recruiting team is committed to sharing more details regarding compensation based on the candidate's experience and location during the interview process. Tides offers a generous benefits package including: comprehensive medical, dental and vision insurance, paid time off, life and disability insurances, retirement plan, educational assistance, confidential counseling and life balance resources designed to support the passion, commitment and energy that is vital to our team members.

 Life at Tides

Working at Tides connects you with committed teammates, enduring relationships, and an inspired sense of purpose and impact —while our employee benefits support our team’s talent and well-being. We live by a strong set of core values (respect, accountability, creativity, equity and empowerment) that guide our interactions with our partners and fellow Tidesters. This is an exciting time to join Tides. In the past, Tides’ staff have worked predominantly from our offices in San Francisco and New York. Today, our hybrid work model supports staff with remote work from anywhere in the United States.

Nomination and Application Process

Tides has engaged DGW Consulting Group to lead the search for our Chief Financial Officer.  Inquiries, nominations and applications are invited. Interested candidates should apply.

 



Posted On: Tuesday, October 18, 2022



Apply to this job
  • Basic Application Questions
  • Written Application Questions
  • *
  • *