Director of Finance (Tipping Point Community)

Company Name

Tipping Point Community

Company City

San Francisco

Company State

CA

Job Location

Hybrid/Bay Area

Company Information

Tipping Point finds, funds, and strengthens the most promising poverty-fighting solutions so one day everyone in the Bay Area can prosper. Since 2005, Tipping Point has invested over $350 million in the community to support organizations, advance policies, and develop new ideas to increase economic opportunity. Last year, our investments funded life-changing services in housing, early childhood, education, and employment for more than 100,000 of our neighbors across the Bay Area. Our Board covers 100% of our operating costs, so every dollar donated goes where it’s needed most. Visit www.tippingpoint.org to learn more.

Values

Tipping Point’s core values are at the heart of everything we do and we look for individuals who share our commitments:

• We cultivate community because we know we are more powerful together.
• We practice gratitude.
• We hold ourselves accountable to achieving impact for and with the communities we serve.
• We relentlessly pursue equity because one’s background and identities should not predetermine one’s opportunities.

Job Description

The Director of Finance oversees financial operational strategy, budgeting, and select administrative operations functions for Tipping Point. Tipping Point has an annual grantmaking budget of $27-35M and an operational budget of $10-15M. Our budgets are privately funded each year with a growing number of restricted funds. The Director is responsible for leading an efficient financial system, providing exceptional service to our internal teams, and serving as a strategic resource to the Chief Operating Officer (COO) to ensure that sound fiscal policies and financial health are implemented to support the organization now and in the coming years.

This position reports directly to the COO and oversees the Finance team (two staff).

What will you do?

Financial Operations and Strategy

• Lead and refine financial strategy, management and resource allocation to sustainably support Tipping Point’s operations and programmatic efforts.
• Oversee the development of a short- and long-term financial strategy including the design of financial models, budgets, analyses, forecasts, and presentations to inform and drive decisions by the Executive Team, Board, and Finance and Audit Committees.
• Oversee the management of financial transactions, including accounts payable and receivable, banking, investments, payroll, annual financial audit and all 990 and 1099 applications.
• Lead and implement strong fund accounting systems to ensure the accurate tracking, budgeting, and forecasting to enable the organization to make informed, strategic decisions.
• Ensure accuracy of payroll administration through PEO partner.
• Enhance systems for analysis, tracking, reporting, and forecasting of financial metrics;
• Provide actionable analysis for financial performance, trends and forecasts.
• Oversee the organization’s procurement process, ensuring adherence to established protocols and training and onboarding of new users on the processes.
• Lead organization through annual audit including planning throughout the year, creation of processes to ensure sound fiscal management, and alerting leadership to any potential risk. Ensure legal and regulatory compliance as well as internal controls and financial procedures.
• Foresee organizational finance, reporting, accounting, and other needs stemming from new projects or addition of new business lines.

Management + Leadership

• Provide organizational leadership by serving as Tipping Point’s finance representative to staff and other constituencies as needed.
• Manage finance team, holding staff accountable for annual performance goals and supporting professional development opportunities to expand skills and competencies.
• Ensure proactive two-way coordination and alignment across other departments with respect to activities that have financial implications; anticipate and address when finance decisions may impact others.
• Partner with other team leaders across the organization to ensure accurate budgeting, expense tracking and forecasting in alignment with organizational goals and policies.

Operations + Risk Management

Ensure legal and regulatory compliance and appropriate risk mitigation through the timely review of the organization’s contracts and agreements; conduct annual review and renewal of all insurance policies.

All other duties as assigned.

Job Qualifications

In addition to our core values, Tipping Point staff exhibit four core competencies: flexibility, exceptional communication skills, ability to work well on a team, and the ability to continuously problem solve in the face of challenges.

Additionally, the Director of Finance must have:

• Proven financial analysis, organizational savvy, communication, team leadership, and project management skills.
• Experience in leading and refining financial and operational strategies; skilled in financial modeling, fund accounting, budgeting, financial analysis, planning, audits, and reporting.
• A proven track record of thinking strategically to proactively connect finance operations to larger organizational objectives; translating plans into action; and exhibiting excellent judgment and integrity when handling sensitive and confidential information.
• Ability to clearly communicate complex financial concepts to various stakeholders (i.e., internal staff and Board) using multiple approaches (e.g. verbal, written, graphically); ability to breakdown technical topics into non-technical terms and provide advisory support to help inform decision making.
• Experience as a manager, leader (formal and informal), and team player; ability to plan and direct work in a thoughtful and engaging way.
• Advanced Microsoft Excel skills required, including financial analysis and modeling; exposure to Salesforce and Workday Adaptive Planning preferred.
• Outstanding project management skills and the ability to coordinate and maximize the contributions of others.
• Skilled at analyzing, interpreting, and using data to collaborate, identify best practices and areas for improvement, and drive results.
• Commitment to Tipping Point’s mission and interest in working in a results-oriented non-profit environment.

Nice to have:

Working knowledge of Sage Intacct (if candidates don’t have that, they must have the ability to quickly learn and adapt to new systems).

*“Nice to have” really means just that; it’s entirely possible that you don’t have any of these and are still a great fit. It’s not expected that any single candidate would have expertise across all of these areas — we’re looking for candidates that are particularly strong in a few areas, and have some interest and capabilities in others.

Salary + Classification

Tipping Point is committed to paying competitive wages. In an effort to increase equity, because we know that salary negotiations tend to have an unfair bias, we do not participate in a salary negotiation process for any candidate. We will make our best offer, and it will be the same regardless of the candidate. The annual starting salary for the Director of Finance role is $193,715. This position meets the exemption requirements as defined by state and federal law. Exempt employees are paid on a salaried basis, and their salary is intended to constitute their entire regular compensation, regardless of the number of hours they work; therefore, exempt employees are not eligible for overtime pay.

Hybrid Work Environment

Tipping Point is committed to the safety of our staff and to facilitating connection and community with one another. While we were remote for almost two years, we are a highly in-person culture and have moved into a hybrid work environment. While managers have some discretion over the schedule, teams are generally expected to be in person Tuesday-Thursdays. All other days staff may choose to work in the office or remotely. Please note that in a constantly changing environment, Tipping Point may adjust this arrangement as it sees the need to.

Vaccine Policy

Tipping Point is committed to providing our staff with a safe work environment and helping to promote the health of our community. As such, Tipping Point will require all employees to confidentially show proof of COVID-19 vaccination as a condition of employment, unless they are unable to receive the vaccine because of a medical condition or sincerely held religious belief or practice. In accordance with the Americans with Disabilities Act and Title VII, and applicable state laws, Tipping Point is prepared to make reasonable accommodations for employees who (1) cannot take the vaccine due to a medical disability or (2) seek an exemption from the vaccine based on sincerely held religious beliefs.

How to Apply

Ready to change your life? Apply now!

We are proud to be an Equal Employment Opportunity company. We do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. Tipping Point will consider qualified applicants with arrest or conviction records for employment in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Tipping Point accepts applications on a rolling basis; if the position is still posted on our website, we are still accepting and giving equal consideration to applications.