Baby2Baby Chief Financial Officer

Los Angeles, CA 90016 | Full-time | Job Title – Chief Financial Officer | Reports to – Co-CEOs

Organization Overview

Baby2Baby is a non-profit organization that provides children living in poverty with diapers, clothing and all the basic necessities that every child deserves. In the last 10 years, Baby2Baby has distributed over 200 million items to children in homeless shelters, domestic violence programs, foster care, hospitals, and underserved schools as well as children who have lost everything in the wake of disaster. Baby2Baby has reached over one million children in over 150 cities across the country.

The Position

Reporting to the Co-CEOs and with oversight of the accounting team, the Chief Financial Officer (CFO) will be
responsible for the organization’s finances and financial forecasting. In addition, they will oversee general
accounting, grant tracking and management, internal audits, and external tax and audit preparation. The CFO
will set financial policy and direction while also contributing to organizational strategy and planning. As a member
of the senior leadership team, the CFO will collaborate with the Co-CEOs and COO to review the organization
and program budgets, cost allocations, and payroll and benefits administration. Key responsibilities of the
position include:

Leadership

  • Partner with the Co-CEOs and COO on the organization’s financial, budgeting, and administrative
    processes with an eye to continuously developing and improving systems;
  • Serve as a strategic thought partner to leadership, helping to translate the organization’s mission into
    specific strategies and tactics;
  • Provide strategic and operational leadership for warehouse distribution, community and volunteer teams;
  • Partner with COO to ensure program success through cost analysis support and compliance with all
    contractual and program requirements;
  • Collaborate with department heads to develop and update financial plans including department budgets
    and actuals.

Financial Management

  • Develop and execute financial management strategy, including revenue management and planning;
  • Serve as primary liaison to the investment advisors, ensuring investment portfolio is managed in keeping
    with the organization’s policies and risk tolerance;
  • Manage ongoing budgeting, financial forecasting, cash reporting, and monitoring of banking activities;
  • In partnership with the fundraising teams, project and track all gala related expenses;
  • Ensure accurate reporting of cash and in-kind transactions; develop and maintain excellent internal
    controls to monitor program costs and operating expenses;
  • Remain current on changes to all laws and pertinent local, state, and federal guidelines which may impact
    the financial and administrative operations of the organization; interpret and advise on implications of
    these changes;
  • Prepare and present monthly/annual financial reports and key operating metrics to leadership team and
    Board of Directors; prepare other reports and materials as needed for prospective and existing donors
    as well as the Board of Directors.

Operations Management

  • Evaluate existing operations to recommend and implement improvements in productivity and accuracy;
  • Oversee contract management for vendor and donor relationships; manage relationship with outside
    counsel on legal matters;
  • Manage insurance renewals and rates including Workers’ Comp, Liability, and other policies;
  • Work closely with Human Resources on payroll and benefits administration.

Professional Requirements

Baby2Baby is seeking a strategic nonprofit finance professional with strong operational skills and experience
scaling for growth. Ideally, the new CFO will have the following:

  • At least 10 years’ professional experience, including financial leadership in a $15+ million organization;
  • Financial management and accounting experience in the nonprofit sector; prior experience tracking and
    reporting in-kind gifts is ideal;
  • Proficiency in the tenets of nonprofit legal, audit, compliance and resource development;
  • Resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment
    in people and systems;
  • Strong technical skills including expertise with spreadsheets;
  • Budget forecasting experience in a complex organization with diverse revenue streams;
  • Bachelor’s degree in Accounting, Business Management or Finance; M.B.A. strongly preferred.

Personal Characteristics

The successful candidate will be a flexible and collaborative leader who will bring innovations and energy to the
team. They will be motivated to support Baby2Baby’s growth and will be passionate about providing basic
necessities to children in need. The ideal candidate will have the following:

  • Integrity, credibility, and a commitment to Baby2Baby’s mission;
  • An approachable, flexible, and collaborative leadership style;
  • The ability to multi-task while also being highly detail oriented;
  • Comfort with independent, self-directed work;
  • Bilingual (English/Spanish) is highly desirable.

Compensation

Our client is offering a competitive salary, commensurate with the professional experience and qualifications of
the selected candidate. Baby2Baby’s benefits package includes 100% employer paid health, dental, vision, life,
and AD&D insurance. Additional benefits include a SIMPLE IRA plan with a 3% match.
Reimbursement toward basic relocation expenses will be considered for the exceptional candidate they are
seeking.

Location

Baby2Baby operates from three locations in Los Angeles, CA. The CFO will work in the Culver City office.
Administrative and executive staff are currently working on a hybrid schedule.

Contact

Please submit a résumé and original cover letter that describes your interest in the organization’s mission and
qualifications for the position as attachments through our online application portal or via e-mail to:

Michelle Kristel, Managing Partner
McCormack+Kristel
1740 Broadway, 15th Floor
New York, NY 10019
Phone: 212.531.5003 | Fax: 212.203.9599
Email: search@mccormackkristel.com | Website www.mccormackkristel.com

All inquiries will be held in strict confidence. Please note that your education, dates of employment and
other information will be verified prior to an offer.

McCormack + Kristel works only with equal opportunity employers. Baby2Baby is committed to having the rich
diversity of its community reflected in its workforce.