Finance Manager (Open to Remote)

Organizational Profile:
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, a 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 unprecedented growth over the last five years, expanding to six U.S. cities. Today, Juma operates over 20 concession businesses and in 2020 will employ over 800 youth at major sports and entertainment venues across the United States (Atlanta, Houston, Sacramento, San Francisco, Santa Jose, Seattle).

As one of the country’s largest youth-run social enterprises, Juma has now employed more than 8,000 low-income youth who have earned $11 million in wages and generated $36.6 million in enterprise revenue to continue advancing our mission.

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. Also, 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. Our four core values are youth first, stronger together, respect & appreciation, and integrity & transparency.

Position Description:

The Finance Manager may work from anywhere in the US. Preference might be given to candidates who are accessible to sites in which we operate (Atlanta, Houston, Sacramento, San Francisco, San
Jose, Seattle). The Finance Manager will work under the direction of the COO/CFO, potentially supervising the accounting team of two. This position will provide assistance to a national 501c(3) organization and works closely with all departments to maintain accurate and complete financial
records for the agency. This position will cross train and provide backup for payroll processing, AP, AR, and other accounting and finance duties.

Primary Duties and Responsibilities

Analysis

  • 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.
  • Advise the CFO on recommended changes due to shifting economic conditions and the financial health of the agency.

Communication/Liaison

  • Manage activities of finance team: senior accountant and payroll specialist
  • 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
  • Support 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.

Monitoring

  • Monitor monthly agency expenditures for compliance with the approved agency budget; reporting expenditures and variances to senior managers and CFO
  • Work with Accounting team 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
  • Oversee monthly close (reconciliation of GL and bank statement, reconciliation of NetSuite to Salesforce) and report to CFO

Other

  • Ability to fulfill basic accounting responsibility e.g. maintaining and paying off accounts payables in timely manner or recording accounts receivables as needed
  • Fulfill general financial management needs as necessary

Qualifications

  • Minimum Bachelor and/or Master’s degree in accounting and/or finance. MBA preferred
  • Minimum of three (3) years in nonprofit financial management or a highly related field
  • Knowledge of government-funded program accounting procedures/requirements, multifund and non-profit accounting
  • Skilled 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
  • Must be highly motivated, adaptable and organized
  • High professional and ethical standards for handling confidential information
  • Commitment to Juma’s core values: Youth First, Stronger Together, Transparent Integrity and Respect & Appreciation
  • LGBTQ, bicultural, and/or minority applicants as well as applicants experienced within foster care systems are especially encouraged to apply
  • All prospective staff will be fingerprinted and submit a criminal background check
  • Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Job Details

Reports to: COO/CFO
Job Location: M131 Steuart St, Suite 201, San Francisco, CA 94105
Starting Salary: Salary and benefits will be competitive and commensurate with experience
Classification: Full-time, Exempt
Hours/Week: 40 hours/ week.  (Additional hours may be necessary)
Education: Minimum Bachelor and/or Master’s degree in accounting and/or finance. MBA preferred
Years of Experience: Minimum of three (3) years in nonprofit financial management or a highly related field

Benefits: 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, Chief People Officer and General Counsel at cassandray@juma.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. Salary requirements
  3. Current resume

Due to the volume of responses, only candidates selected for an interview will be contacted.