Director of Financial Planning and Analysis

OVERVIEW

Since 1972, Covenant House has served and advocated for youth and young families experiencing homelessness, human trafficking, and exploitation. Our overarching goal is to end homelessness among youth and young families by helping them achieve housing stability, heal from trauma, tap into their innate resilience, and hone their interests and skills to forge new pathways to independence. This work is carried out across Covenant House sites in 34 cities in the US, Canada, Mexico, Guatemala, and Honduras.

PRIMARY FUNCTION OF POSITION

The Financial Planning and Analysis (FP&A) Director will provide detailed analysis and monthly reporting on the CHI (Covenant House International) Operating Budget and Spend. The position will also lead the creation and analysis of the annual budget, reforecast process, providing additional revenue and expense trend and variance analysis, cash flow forecasting and reporting. This position will also work with the CH Sites to provide transparent detailed monthly financial analysis on the Investments CHI makes in each site.

SALARY RANGE: ($129,000 - $168,000)

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).

JOB DUTIES

Duties and responsibilities include:

Budget and Planning

• Works on a two-person team to manage and oversee all aspects of financial planning and analysis for CHI Annual Budget and Reforecast Process and monthly reporting.
• Create and oversee the CHI Finance Department and Site Investment Annual Budget and Reforecast.
• Manage and track salary and benefits for budget and reforecast projections.

Financial Analysis

• Lead to comprehensive company-wide analyses, deliver critical financial insights, and support informed decision-making through accurate financial data.
• Work as a finance liaison with several departments providing monthly performance/expense management reporting and variance explanations.

Monthly Financial Reporting

• Create and distribute monthly budget versus actual reporting across the organization. Coordinate and manage FP&A’s role in the month-end process to analyze actual revenue and expense results.
• Provide analytical, accounting and reporting support to the accounting group, including monthly explanations of actuals vs. plan/reforecast.
• Strong understanding of the P&L and cash flow statements and the ability to effectively communicate, both written and verbally, key business drivers and financial information to various stakeholders and staff at all levels.
• Ability to guide and recommend corrective actions to achieve budget goals.

Site Investments

• Create, maintain and distribute transparent detailed monthly financial accounting and analysis for CHI Investments to each site including site affiliate transfers and awards.
• Prepare all monthly journal entries to post to site affiliates financials.
• Reconcile all affiliates’ balances to ensure balance sheet accounts are accurately maintained monthly. Fiscal year-end reconciliation and true-up of amounts due to affiliates.

Financial Modeling

• Expert in financial models and analysis. Incorporate business and program assumptions to project forecast models for the fiscal year and short- and long-term financial planning.
• Ability to lift challenges and opportunities, understand risks and create scenarios to mitigate them.
• Performs duties related to general business operations of Covenant House that involves the exercise of independent judgment and discretion about matters of significance.
• Perform other duties as assigned by the CFO.

KNOWLEDGE, SKILLS & ABILITIES

• Experience in Financial Planning & Analysis with a strong background in non-profit budgets and monthly reporting to provide variance analysis to CHI management.
• Strong computer skills in Microsoft Suite of Products including Word, PowerPoint, Outlook, Teams, SharePoint and advanced knowledge and application of Excel.
• Proven track record of advanced analytics, modeling including projections, scenarios, and sensitivity analysis.
• Experience in implementing, using and creating budget processes using budgeting software.
• General accounting or finance work experience required and knowledge of accounting procedures, practices, and systems.
• Possess impeccable interpersonal skills, strong work ethic, collaborative attitude, and sharp attention to detail
• Proven ability to deal with confidential and sensitive information to the company's operations.
• Can work independently and as a part of a team with the ability to meet critical deadlines, handle multiple tasks and prioritize projects.
• Ability to problem solve using strong assumption and ability to persist and execute on assigned projects.
• Excellent verbal and written skills.
• Must be dedicated to the mission of Covenant House.

MINIMUM EDUCATION & EXPERIENCE

• Bachelor’s Degree in Accounting or Finance.
• Minimum of seven (7) years of related experience.

OUR COMMUNITY

Our critical mission demands that we have all voices at the table. A team of diverse people, perspectives, and experiences is smarter, stronger, and more effective for our young people. At Covenant House, every team member is valued, respected, heard, and supported, and we welcome honest and courageous self-reflection on any aspects of our work that are based on biased or outdated viewpoints. We deliberately create opportunities for our staff to grow and thrive.

Covenant House International is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind: CHI is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at CHI are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, belief, sex, sexual orientation, gender identity, national origin, veteran status, family or parental status, disability status, or any other status protected by the laws or regulations in the locations where we operate. CHI will not tolerate discrimination or harassment based on any of these characteristics and encourages all qualified applicants to apply. Our offices are located in in the United States, however, this position will be remote for the foreseeable future.