Director of Accounting & Finance - Annenberg Foundation

Annenberg Foundation   Los Angeles, CA   Full-time     Accounting
Posted on January 5, 2023
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Director of Accounting & Finance

Annenberg Foundation

Los Angeles, California

Salary: $150,000 - $175,000

 

Headquartered in Los Angeles, California, the Annenberg Foundation primarily serves Los Angeles, Ventura, Orange, Riverside and San Bernardino Counties. Famous for its beautiful mild weather, 75 miles of coastline, numerous beaches and parks, and hundreds of miles of bike and hiking trails, Los Angeles offers residents world-class amenities, activities, and entertainment while enjoying 300 days of sunshine each year. Los Angeles and Southern California allow residents the opportunity to live, explore and experience on a daily basis what brings millions of visitors each year to the region.

 

The Annenberg Foundation is a family foundation that provides funding and support to nonprofit organizations in the United States and globally. The Foundation is led by a Board of Directors which consists of Wallis Annenberg, Chairman, President & CEO, and three of her adult children, all of whom serve as Co-Directors and Vice Presidents. The Foundation has an Annual Spending Plan of approximately $80 million and employs 60 total FTEs. Administrative departments include Accounting and Finance, Administration and Facilities, Communications and Marketing, Grantmaking Operations, Human Resources, Information Technology, and Investment Operations.

 

The Accounting and Finance Department provides the organization’s accounting, financial, and regulatory needs, including operational and capital forecasting, budgeting and planning, accounting and reporting, tax and regulatory filings, preparation of financial statements, cash management and banking, fixed asset and inventory tracking, disbursement controls, and payroll, among other functions. The department operates on a total budget of $1,373,408 and is currently comprised of five FTEs, including a Contracts and Accounting Associate, Accounting Manager, Senior Director of Administration and Finance, Senior Accounts Payable Specialist, and Director of Accounting and Finance.

 

Under the direction of the Senior Director of Administration and Finance, the Director of Accounting and Finance is responsible for oversight and safeguarding of the Foundation's assets and ensures that financial transactions are properly recorded. This position oversees all financial activities, reporting on revenue and expenses, training of accounting staff, disbursement of funds, management of risk, implementation and enforcement of accounting policies and procedures, and improvement of internal controls and financial processes. The Accounting and Finance Director maintains appropriate systems and processes to ensure effective financial reporting, accurate and timely filing of tax returns, and successful annual financial audit outcomes. This position also ensures that accounting activities are aligned with the Foundation's financial policies and in compliance with applicable federal, and state regulations, and professional standards.

 

A bachelor’s degree in accounting, finance or business administration is required. A CPA, MBA, or CMA is preferred. Seven (7) to ten (10) years of senior-level financial accounting experience, preferably in the nonprofit sector. Any equivalent combination of education and experience is acceptable.

 

For a complete position profile, full job description and to apply online, visit Prothman at https://www.prothman.com/ and click on "Open Recruitments". For questions, call 206-368-0050. The Annenberg Foundation is an Equal Opportunity Employer. First review of applications: February 5, 2023 (open until filled).


Annenberg Foundation

2000 Avenue of the Stars
Los Angeles , CA
www.prothman.com