Senior Director of FinanceFull TimeLos AngelesMore Details
Job Title: Senior Director of Finance
Department: Administration
Reports To: Executive Director
Status: Full-Time
Location: Los Angeles, CA Hybrid Eligible
Salary: $150,000 - $175,000
The position of Senior Director of Finance will play a pivotal role in the growth and development of GLAVREF whose mission is “Building Partnerships to Advance Research and Education for the Health of Our Nation’s Veterans”. The Senior Director of Finance will enhance GLAVREF’s strategic capacity for administering research and education by strengthening a responsive, service-focused administrative office that ensures funds and expended appropriately and effectively, in accordance with institutional policies, federal regulations and generally accepted accounting principles (GAAP).
Reporting to the Executive Director, the administrative staff includes a Director of Research and Education, Human Resources Manager, Accountant and Procurement Manager, Accountant, Billing Associate, and Executive Assistant in addition to eighty (80) research professionals included on its payroll. The program and administrative budget for the 2023 fiscal year was approximately $7,000,000.
Essential Duties and Responsibilities
- Develop and monitor GLAVREF’s annual budget
- Oversee the management of all GLAVREF finances, expenditures, and investments
- Ensure accurate financial records; prepare statements and reports for internal and external audiences, including the GLAVREF Board and other external stakeholders
- Serve as key financial liaison to the GLAVREF Board of Directors, presenting quarterly profit and loss (P&L) reports, trends in financial status and identification of financial risks
- As needed, serve as a responsible participant in the review and execution of the financial terms of grants and negotiation of contracts and subawards • Advise on post-award budgets and commitment activities; approve expenditures and oversee compliance related to funds and revenue • Oversee communication with research and education community supporting project status; create forecasting models and decision aids
- Interpret complex governmental policies, including Federal Acquisition Regulations (FAR), Cost Accounting Standards, and sponsor guidelines
- Assess GLAVREF’s current financial transactions and workflow with particular attention to prime federal awards and subawards
- Oversee and guide implementation and use of software to ensure best accounting practices
- Monitor general ledger, identifying and resolving any discrepancy with financial journals and cost transfers
- Conduct audits to assess effectiveness of controls and accuracy of financial records
- Lead the GLAVREF financial team and Board Finance and Audit Committees in preparation for annual audit
- Develop positive and collegial relationships with investigators, their team, and institutional stakeholders across the VA and all GLAVREF sites to ensure open communication and timely response to inquiries
- Participate in Nonprofit Program Office (NPPO) and National Association of Veterans Research and Education (NAVREF) trainings and activities, as relevant • Mentor accounting staff to make improvements as it relates to reporting, invoicing, ordering, and managing revenue; assists with financial inquiries from varied institutional stakeholders
- Oversee, negotiate, and administer GLAVREF’s organization business insurance, 403B program retirement program, and other annual certifications related to the State of CA or Federal IRS requirements
- Supervisory responsibilities include supervising the finance team, approving timesheets, and conducting annual reviews
- A bachelor’s degree in accounting, business, or financial management of a healthcare-related institution or a related field is required
- Master’s degree in business administration of non-profit management strongly preferred.
- Eight (8) or more years’ experience in research finance administration, including financial modeling, budget preparation, compliance, and management related to complex grants and contracts.
- Experience associated with US Department of Veterans Affairs relationship • Experience in strategic planning and process improvement
- Demonstrated ability to oversee and cultivate productive teams • Excellent analytical and program-solving skills
- Commitment to GLAVREF’s mission of partnering with VA Research and Education communities
- A hybrid position will be considered. An exempt position works full time, and a variable work schedule will be considered
- Authorized to work in the USA