About TSFF

Investments:

The San Francisco Foundation has over $1 billion in assets, managed by a highly skilled Investment Committee with the assistance of an Investment Consultant and internal staff. Our investment portfolio integrates long and short term objectives comprising a broadly diversified mix of equities, fixed income, and various alternative investments, utilizing over eighty individual managers. These assets are held in over 800 donor advised and endowed funds.

Position Scope:

The Investment Treasury Accountant reports to the Controller of The San Francisco Foundation and is responsible for the execution of investment decisions, managing the master custodian bank relationship, coordinating cash movements, and the accurate and timely reconciliation of all cash and investment accounts. Responsibilities include communication with master custodian bank, investment managers and investment consultant to ensure smooth processing of investment transactions; rebalancing investments and allocating investment revenue and expenses to internal funds; preparing supporting schedules relating to investment activities for financial statements and tax returns; attending investment committee meetings; participating in cross-functional teams, and other accounting, administrative, and operations tasks as assigned by the Controller and CFO.

Key Responsibilities:

Investment Coordination and Liaison: The Investment Treasury Accountant will be responsible for managing the setup of all new investment manager relationships, including coordination with master custodian bank, processing of subscription agreements and private placement letters, ensuring timely funding, and determining that reporting needs will be met. This position is also responsible for managing ongoing relationships and communications with the master custodian bank asset servicing team, investment managers and investment consultant to ensure smooth processing of investment transactions. This  includes ensuring that cash is available to meet capital call and other funding requirements, communicating with the CFO and investment consultant regarding reallocation among investments, and, when necessary, notifying managers of large cash movements—all while maintaining necessary deadlines. S(he) also verifies investment manager, consultant, and master custodian fees, ensures payment out of correct funds, and monitors investment correspondence, such as amendments to agreements, compliance updates, notification of class actions, and also responds to all action items.

Investment and Cash Accounting: The Investment Treasury Accountant is responsible for the accurate and timely reconciliation of all investment accounts and investment activity for the overall investment pools and over 80 individual investment accounts. This includes reviewing work performed by the staff accountant, in addition to preparing independent schedules and analyses. This position oversees reconciliations and allocations performed by the staff accountant, including reconciliations of all investment and bank accounts, and allocation of investment earnings and expenses among individual donor and project funds. S(he) also rebalances investments to conform with allocation targets, and reviews and analyzes investment and bank activity. The Investment Treasury Accountant also is responsible for the maintaining up-to-date and accessible files for investment manager agreements and correspondence, investment and banking reconciliations and reports, and other relevant documents.

Financial Statement Audit: The Investment Treasury Accountant assists in the annual audit, including preparation and follow up on investment confirmations; obtaining IRS Forms, K-1, and audited financial statements from investment managers; preparation of analysis for hard-to-value investments to be provided to auditors; and preparation of all investment supplementary information, accounting standard – ASU Topic 820 (Fair Value Measurement) disclosures, and related support by following accounting standard pronouncements.

Banking and Treasury: The Investment and Treasury Accountant is the primary relationship manager for our commercial banking arrangements, including funding of payroll and operations, fee analysis, and managing signing authorities on accounts.

Qualifications:

Education: Undergraduate degree in Accounting or Finance required. CPA desirable.

Experience: Minimum of six years directly related experience, including in depth knowledge of general accounting principles, investment and bank reconciliation techniques using a computerized accounting system, understanding of financial markets and instruments (especially alternative investments), knowledge of accounting standard – ASU Topic 820 (Fair Value Measurement), and managing relationships with banks, investment managers, and investment consultants. Will have exceptionally strong project management skills, the ability to work independently, and to supervise supporting staff. Nonprofit and audit experience desirable.

Knowledge, skills, and competencies: Proficiency with Microsoft applications (Word, Excel, Outlook, PowerPoint) and Windows 2010.  Experience with Blackbaud Financial Edge and unitization helpful.

The candidate will also have excellent oral and written communication skills. Accuracy and attention to detail is a must. The ability to work in a team-oriented office environment is required.

The ideal employee will be a self-starter with the skills to work independently with minimal supervision, exercise sound business judgment in working within the organization’s investment treasury policies and procedures, and have the ability to manage multiple projects and deadlines simultaneously.

Compensation: Commensurate with background and experience

To Apply: Send resume with cover letter by May 28, 2013 to resumes@sff.org or mail to:
Human Resources
The San Francisco Foundation
225 Bush Street, Suite 500
San Francisco, CA 94104
FAX: (415) 477-2784

The San Francisco Foundation is an equal opportunity employer and seeks diversity with respect to race, ethnic, culture, gender, age, sexual orientation, and physical abilities.

The Bay Area Workforce Funding Collaborative
The Bay Area Workforce Funding Collaborative (BAWFC), an initiative of The San Francisco Foundation, leverages public and private philanthropic investments to strengthen and expand the Bay Area’s workforce training system. The BAWFC has made over $12 million in grants to programs which provide job training to low income job seekers, while meeting the workforce needs of key industry sectors in the region. In recent years, the BAWFC has focused on building the capacity of community colleges to improve the outcomes for low-income students with barriers to academic success and develop strong vocational training pathways that lead to industry recognized certification and employment. In addition to its grants to workforce training programs, the BAWFC supports technical assistance, capacity building, and professional development opportunities for its grantees; policy and systems change initiatives; and a rigorous third-party program evaluation.

Position Scope
The Initiative Officer is responsible for leading and managing the Bay Area Workforce Funding Collaborative (BAWFC). She/he coordinates the strategic direction and vision of BAWFC to achieve strategic goals and objectives; implement actions; cultivate effective relationships with partners, funders and contractors; and fundraise to support the BAWFC. The Initiative Officer reports to the Program Director for Community Development and Investment and is a member of the Community Development Team at The San Francisco Foundation. The Initiative Officer will support the Program Director for Community Development and Investment on other workforce development related projects and participate in Foundation related activities.

Responsibilities
Oversight of the Initiative Operations: The Initiative Officer will be responsible for managing all grants awarded by the BAWFC, including developing grant solicitations; reviewing grant applications; communicating regularly with grantees; analyzing grantee progress in implementing work plans; providing support to help grantees achieve their goals; assuring that grantee work plans are consistent with the BAWFC objectives and criteria; and facilitating the work of the evaluation team. She/he will self-manage administrative duties and will also be responsible for designing and managing technical assistance, capacity building, professional development, and peer learning for grantees.

Strategic Planning: The Initiative Officer facilitates periodic strategic reviews of the BAWFC priorities, grants, and results to guide future work. This includes soliciting the input of key stakeholders and engaging Steering Committee members in a process of reflection, analysis, and new goal setting. Implementing this process will be a near-term priority for 2013.

Management of Initiative Consultants, Contractors, and Staff: The Initiative Officer will oversee staff and/or consultants to assist in coordination of the Collaborative. She/he will be responsible for regular communications with all consultants and contractors retained by the BAWFC, including the evaluators and organizations that provide technical assistance to grantees. She/he will negotiate the terms of contracts and contract renewals, coordinate work plans, and facilitate information sharing as relevant among contractors and consultants.

Policy Innovations and System Change Efforts: The Initiative Officer will help identify opportunities for workforce policy innovations and systems change through proactive efforts and grantmaking. By securing information, developing relationships, and providing leadership to implement selected strategies, she/he will advance the BAWFC’s goals for improving opportunities for low-income people to access skills and jobs for family economic success.

Fundraising: The Initiative Officer will be responsible for developing a fundraising plan for the BAWFC, bringing additional funding partners into the BAWFC, supporting the fundraising efforts of the BAWFC Steering Committee, and building strong relationships with existing funders. In addition, he/she will prepare all required reports on program results in accordance with the requirements of each funding source.

Staffing BAWFC Committees and Task Forces: The Initiative Officer will be responsible for communication and close collaboration with the BAWFC Committees to assist in meeting strategic goals. The BAWFC is overseen by a Steering Committee composed of Program Officers from member foundations. The Steering Committee meets monthly to establish the strategic direction, make key decisions, set policy, and oversee the coordination and progress of the BAWFC. The Initiative Officer will be responsible for helping to implement committee decisions; communicating regularly with committee members; briefing funders on the progress of grantees, consultants, and contractors; and assisting in the preparation for committee meetings, including providing committee members with agendas and materials prior to each meeting.

Reporting and Communications: The Initiative Officer will be responsible for preparing reports to TSFF Board of Directors and BAWFC Committees. The Initiative Officer will also arrange periodic briefings for foundations and other stakeholders drawing from the expertise of advisory members, employers, and others.

Community Development and Investment: The Initiative Officer will support the Program Director for Community Development and Investment on community development projects, initiatives and grantmaking as assigned.

Other: The Initiative Officer will participate in the foundation’s internal and external activities as assigned.

QUALIFICATIONS

Education: Undergraduate degree in relevant public administration, community development, urban planning or related discipline required. Master’s degree strongly preferred.

Experience: Minimum of eight years of increasingly responsible professional experience in the workforce and community development fields. Candidates with experience working at non-profits, in philanthropy, or in the public sector are strongly preferred. Evidence of successful institutional fundraising experience along with experience in effectively managing projects and staff/consultants is required. Grantmaking and grant writing experience coupled with experience in managing collaborative initiatives is highly desirable.

Knowledge, skills, and competencies: Ability to lead collaborative initiatives of multiple funders and provide cross-sector learning opportunities for both funders and grantees. Have a deep knowledge of workforce development systems and best practices including sector strategies and career pathways; as well as the community college system. Demonstrated commitment to principles of social equity.  Excellent listening, oral, and written communication skills. Skilled in building effective collaborative relationships with partners, colleagues, constituencies, and internal and external teams across a variety of sectors. Ability to effectively manage multiple priorities and projects simultaneously.  Demonstrated personal integrity and commitment to this work and the ability to engender trust, credibility, and confidence with a variety of constituencies.Knowledge of community organizing, group facilitation, and conflict resolution desirable.

Proficient in PC use and technology including latest Microsoft applications (Word, Excel, Outlook, Powerpoint), Windows 2010, and internet.

Compensation: Commensurate with background and experience

To Apply: Send resume with cover letter by June 3, 2013 to resumes@sff.org or mail to:
Human Resources
The San Francisco Foundation
225 Bush Street, Suite 500
San Francisco, CA 94104
FAX: (415) 477-2784

The San Francisco Foundation is an equal opportunity employer and seeks diversity with respect to race, ethnic, culture, gender, age, sexual orientation, and physical abilities.