From time to time The Harry and Jeanette Weinberg Foundation has openings for highly qualified professionals and support personnel who have a strong commitment to the Foundation’s mission of improving the lives of low-income and vulnerable individuals and families.
Chief Financial Officer - Treasurer
(offices in Owings Mills)
President and CEO
About The Harry and Jeanette Weinberg Foundation, Inc.
The Weinberg Foundation makes approximately $100 million of charitable grants annually to nonprofits that provide direct services to low-income and vulnerable individuals and families. Since 1990, the Foundation has distributed grants totaling $1.7 billion, primarily in the U.S. and in Israel. Current total assets under management are approximately $2 billion, invested across a broad range of asset classes. Approximately 30% of the Foundation’s assets are invested in real estate holdings, with a significant concentration in real estate in the state of Hawaii.
The Weinberg Foundation targets most of its grants to its “hometown” communities: Maryland, Northeastern Pennsylvania, Hawaii and Israel. These communities have deep, personal ties to the life and legacy of Harry Weinberg.
The Weinberg Foundation is committed to funding nonprofits in the Jewish community and in the community-at-large, with particular emphasis on assisting the poorest and frailest older adults so they can live in dignity. Other areas supported by the Foundation include: preparing the workforce for 21st century jobs; ensuring that people’s basic needs are met; increasing the independence and integration of people with disabilities; and providing high-quality education for children.
The Trustees, CEO and program staff favor organizations whose work is rooted in experience and application, rather than concepts and theories. The Weinberg Foundation seeks grantees that provide direct services with proven results. Program and operating grants are limited geographically. For capital grants, The Weinberg Foundation considers applications from across the U.S. and Israel for any poverty-relief area of giving. Letters of Inquiry (LOI) may be submitted on a rolling basis.
The Harry and Jeanette Weinberg Foundation’s Chief Financial Officer (CFO) is responsible for all aspects of financial management and reporting; the CFO supports the effective management of the organization and directly affects the Foundation’s ability to advance its mission. The CFO reports directly to the Foundation’s CEO, and serves as a business partner to the Weinberg Foundation Trustees, CIO team and other members of the leadership team. The successful candidate will have strong and diverse accounting, treasury, and finance experience and will be able to manage the Foundation’s financial systems, processes and controls. The CFO will work closely with key external constituencies, including banks, financial advisors, and other financial intermediaries. Ideally, the CFO candidate will derive personal and professional satisfaction from helping to advance the Foundation’s mission, and will view the Weinberg Foundation CFO role as a unique and fulfilling career achievement.
Specific responsibilities will include:
- Serve as a finance leader and partner to the Weinberg Foundation CEO, Trustees, CIO, and management team, playing an important role in enhancing the Foundation’s financial and operational performance.
- Provide the CEO, CIO and management team with adequate, accurate and timely data and analysis to support strategic decision-making.
- Provide leadership and support to all financial and operational aspects of the Foundation, including effectively guiding, supporting and monitoring all financial transactions.
- Manage the Weinberg Foundation’s treasury function.
- Support the Foundation’s real estate management team.
- Manage the Foundation’s relationships with banks and other financial intermediaries, with a focus on maximizing efficiencies and cost effectiveness.
- Assist in the ongoing management and analysis of the Foundation’s Real Estate portfolio.
- Support the planning, analysis and efficient execution of real estate and financial transactions.
- Oversee cash flow planning, asset management, and funds availability.
- Work closely with the Weinberg Executive and Investment teams to efficiently monitor, manage, and allocate the Foundation’s assets.
- Ensure an environment of unquestionable integrity and internal financial controls.
- Evaluate, strengthen, and manage prudent financial best practices for the Foundation.
- Monitor financial performance by measuring and analyzing financial and operational results and initiating required corrective actions. Ensure timeliness and accuracy of monthly, quarterly and annual financial statements and the Foundation’s annual IRS Form 990-PF.
- Manage and oversee all financial systems and databases, ensuring accurate and high quality data.
- Supervise, motivate, develop and enhance the performance of the Weinberg Foundation accounting and finance team.
- Support the Weinberg Foundation CEO, CIO, Trustees and leadership team in evaluating strategic and operational opportunities and risks.
Candidate Professional and Personal Experience and Qualifications
The ideal candidate for the Weinberg Foundation Chief Financial Officer position will be a successful CPA, CFO, Treasurer or other finance leader who has demonstrated the ability to partner effectively with internal and external constituencies to implement creative financial management strategies. The Foundation’s CFO will have a depth of experience designing and improving sound treasury, accounting and financial systems and will have experience in the financial, corporate, commercial real estate or not-for-profit sectors.
The successful candidate will have:
- A strong educational foundation; ideally, with a MBA or other advanced degree.
- Sustained (15+ years) experience in a comparable CPA, CFO, Treasurer or other senior finance leadership role, preferably in an organization of comparable size and complexity as The Weinberg Foundation.
- Ability to work effectively with the Foundation’s CEO, Trustees, CIO and senior leadership team.
- Ability to work well in a team-oriented environment, and show a willingness to collaborate and multitask.
- A proven track record in building and leading an effective finance team. Strong treasury, bank relations, and cash management experience are important.
- Experience in a senior finance role, resulting in the development and implementation of effective financial management processes and operations.
- Experience managing a high-performance accounting and finance function, including the maximization of finance and accounting software, IT systems and processes.
- Strong project-management, organizational and analytical skills. Demonstrates attention to detail and “hands on” approach.
- A career-long reputation for integrity, sound judgment and transparency, which includes the ability to effectively deal with highly sensitive and confidential information.
- Proven people-management experience with a track record of recruiting, developing, inspiring and retaining a high-performing finance team.
- High degree of accountability, both in terms of following through on commitments and deadlines for the CFO and the CFO’s team.
- Keen business sense with a strategic, conceptual and operational orientation.
- High energy, resiliency, flexibility and the ability to manage multiple priorities and make ongoing decisions.
- Excellent written and verbal communication skills, including communicating ideas and information to diverse audiences. Possess the experience and confidence to interact with and present to Trustees, senior level management, and external constituencies.
- Currently living in or prepared to relocate to the Baltimore, MD area for this unique career opportunity.