Director of Finance

As a funder, connector, and science translator, Hopelab supports and builds equity-centered solutions for the mental health of Brown, Black, and Queer young people. We believe that driving impact requires collaborative and youth-centered solutions for mental health equity and innovation. Hopelab is supported by The Omidyar Group, founded by philanthropists and entrepreneurs Pierre and Pam Omidyar. Working across sectors and geographies, the Omidyars have contributed more than $3 billion to social impact causes across the globe.

To learn more, visit Hopelab's website here.

What You'll Do

Reporting to the VP, Finance and Operations, the Director of Finance is responsible for planning, directing, and controlling financial resources to support the strategic direction of Hopelab. The Director of Finance holds a high-level view of Hopelab's finance operations and manages the detail that supports its activities.

The Director of Finance establishes and oversees the accounting, budgeting, payroll, and cash management operations consistent with Generally Accepted Accounting Principles (GAAP) and applicable laws/regulations. This position is also responsible for training staff in budget development and monitoring, and for developing tools that enhance staff budget management skills.

The Director of Finance creates effective finance systems, policies, procedures, and internal controls that seamlessly support Hopelab's operations. This role supervises the Accounting Manager, who supports Hopelab's monthly and daily accounting functions. This role also manages the valuations reports vendor.

Key Responsibilities

Leading Budgeting and Financial Reporting:

• Designs, prepares, and delivers accurate and timely monthly, quarterly, and annual financial reporting materials and metrics to the VP of Finance and Operations.
• Responsible for ensuring accurate and timely filing of all financial reporting as required by government, regulatory agencies, and funding agencies.
• Responsible for developing and directing the organization's internal controls and financial policies.
• Stays current with all applicable accounting, budgeting, tax, and other regulations and requirements for non-profit organizations, adapting policies, and practices accordingly. Proactively advises the VP, Finance and Operations on such changes where appropriate.
• Develop and oversee annual budgets in collaboration with department leaders.
• Identify and address budget variances, providing insights for financial adjustments.
• Works with the VP, Finance and Operations to prepare the annual budget documents.
  
• Streamline budgeting processes to enhance transparency and decision-making.
• Serves as an expert and resource for all staff on budget and accounting issues. Can be called upon to explain complex budget concepts in simple and understandable terms.

Leading Audit and Board-related Deliverables:

• Establishes and maintains an internal controls structure that protects Hopelab's assets against loss and unauthorized use and assures that transactions are executed with appropriate management authorization.
  
• Leads external financial audit coordination and preparation of supporting schedules and documentation.
• Leads, tax filings and regulatory reporting.
• Manages vendor relationships to ensure accurate and complete valuation reports for Hopelab's social impact investment portfolio companies.
• Prepares accurate and complete financial statements, budget overviews, and dashboards for the Board.

Leading Financial Operations:

• Partner with the Head of People and Culture on benefits analysis and personnel-related financial matters.
  
• Serves as a member of the Hopelab Investment Committee.
• Serves as a member of Hopelab's 401K Plan Committee.
• Responsible for incoming and outgoing grants management (incoming grants and outgoing grants), including compiling financial information requested for grant proposals, preparing grant reports for funders, preparing acknowledgment letters for funders, reviewing grant agreements, ensuring compliance with grant requirements, submitting budget reports, etc.
• Leading a prompt and thorough monthly close process that includes review and approval of employee expense reports, company credit card expenses, proper documentation of monthly restricted grant releases, coordinating with outsourced accountants; and other related work.
• Establishing and maintaining a Hopelab Finance Manual.
• Performs other duties as assigned by the VP, Finance & Operations

Who You'll Work With

You will report to the Vice President, Finance and Operations.

You will supervise the Accounting Manager.