Juma Ventures strives to break the cycle of poverty by paving the way to work, education and financial capability for youth across America. Founded in 1993 with a single Ben & Jerry’s Shop in San Francisco, Juma’s initial business (social enterprise) was designed to give homeless youth the training and job experience they needed to transition from living on the streets to enjoying a stable adulthood. Since then, Juma has become a nationally recognized youth development organization focused on employment, financial capability, and career supportive services.
Juma has experienced an exciting amount of growth over the last five years, expanding from four to six U.S. cities. Today, Juma operates 20 concession businesses and in 2019 will employ over 1,000 youth at major sports and entertainment venues across the United States (Atlanta, Houston, the Bay Area, Sacramento, San Jose, Seattle).
As one of the country’s largest youth-run social enterprises, Juma has now employed more than 7,200 low-income youth who have generated $34 million in enterprise revenue and earned $9.5 million in wages. Our strong leadership, dedicated staff and committed funding partners have led to numerous awards including the National Youth Employment Coalition’s PEPNet Award for Promising and Effective Practices, the National Organization of the Year from the Social Enterprise Alliance and the winner of the Social Impact Exchange ‘Scaling Business Plan’ competition for our national expansion efforts. More recently, after just four years in operation, Juma Seattle won the 2017 Gold Award at the Seattle Business Magazine’s Community Impact Awards for Youth Development Non Profit of the Year.
Juma is looking for great people who share our passion for working with youth and for using business as a tool for sustainable social impact. Our workplace is supportive, open, inclusive and relevant, focused on youth, empowerment, dedication and respect.
Juma seeks a talented Director of Finance with a track record of success in a minimum 5 years experience in nonprofit financial management or a highly related field and serve as a key member of our Finance team. Reporting to the Chief Operations & Finance Officer, the Director of Finance will be responsible for managing all activities of the finance team, including analyses and monitoring of finances and developing and refining financial processes.
Duties and Responsibilities
- Create and update financial models, produce financial analysis to drive business improvement and design tools to aid decision making.
- Lead staff through an annual agency budget development process; conduct mid-year budget review to assess and project variance from annual budget and make adjustments as needed.
- Lead financial system improvements (such as in NetSuite) to ensure compliance and optimize efficiency.
- Research, analyze, recommend and monitor investment options for agency cash reserves, in compliance with organization’s board-approved investment policy.
- Advise the CFO on recommended changes due to shifting economic conditions and the financial health of the agency.
- Manage activities of finance team: controller, senior accountant, and part time bookkeeper
- Assist CFO in development, establishment, and implementation of procedures needed to implement/reinforce fiscal policies developed by Board and or regulations and procedures required by funding sources.
- Manage relationship with auditor, oversee audit process.
- Support CFO, who is the key financial liaison to Board of Directors. Support CFO and Board Treasurer to plan and present financial reporting at board meetings.
- Monitor monthly agency expenditures for compliance with the approved agency budget; reporting expenditures and variances to senior managers and CFO
- Work with Controller to develop monthly, quarterly, and annual financial reporting & statements for distribution & review by organization’s CFO, executive team, and Board of Directors.
- Oversee cash flow analysis and management.
- Support and monitor development and enterprise teams on timely receipt of accounts receivable.
- Oversee preparation of tax documentation
- Interface with funding sources to insure up to date information on funding agency needs and possible funding changes; oversee allocations of expenses to restricted and unrestricted funding sources
- Remain up to date on audit best practices and state and federal laws applicable to nonprofit organizations
- Ability to fulfill basic accounting responsibility e.g. payroll to support Accounting Manager.
- Fulfill general financial management needs as necessary.
- Bachelor’s degree.
- Minimum B.A. degree in business/finance. MBA preferred
- Minimum 5 years experience in nonprofit financial management or a highly related field
- Three years experience managing others.
- Knowledge of government-funded program accounting procedures/requirements, multi-fund and non-profit accounting.
- Skill in operating, using and managing computer accounting programs, e.g. NetSuite; advanced understanding of Excel.
- Understanding and experience with investing and risk management
- Strong organizational skills and attention to detail.
- Experience and success in managing and motivating staff.
- Proven track record for problem solving, logistical analysis, and operational effectiveness.
- Excellent interpersonal & communication skills.
- Professional, friendly demeanor.
- Must be highly motivated, adaptable and organized
- Commitment to Juma’s core values: Youth First, Stronger Together, Transparent Integrity and Respect & Appreciation
Reports to: Chief Operations & Finance Officer
Job Location: San Francisco, CA 94105
Starting Salary: Salary and benefits will be competitive and commensurate with experience
Classification: Full-time, Exempt
Hours/Week: 40 hours
Education: Bachelor’s degree required, MBA preferred
Years of Experience: Minimum five years of experience in nonprofit financial management or a highly related field
Benefits Include: Employee benefits include medical, dental, vision and life insurance, 403B plan, and a significant paid time off package
Please submit the following to Cassandra Yee, Director of Operations at firstname.lastname@example.org:
1. A thoughtful cover letter outlining your interest in the position and how your qualifications align with the above requirements and Juma’s focus and mission
2. Current resume
3. Salary requirements
Due to the volume of responses, only candidates selected for an interview will be contacted.