Thank you for your interest in pursuing a career with The Eli and Edythe Broad Foundation.

Director of Finance

JOB TITLE Director of Finance
REPORTS TO CEO
CLASSIFICATION Full-Time, Exempt
DATE POSTED June 28, 2019
DATE AVAILABLE Immediately

BACKGROUND

Family Office Financial Services, LLC (FOFS) provides finance, accounting, human resources, technology, communications, executive administration and additional support to the Broad family, The Broad, The Eli and Edythe Broad Foundation, The Broad Center, The Broad Art Foundation, and Family Office Investment Services.  Eli Broad has a reported net worth of more than $6 billion.

The Eli and Edythe Broad Foundation (TBF) was established by philanthropists Eli and Edythe Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Center (TBC) develops leaders to transform America’s urban public-school systems. The Broad Art Foundation (TBAF) is a lending library of the over 2,000 works of contemporary art in the Broad collections. The Broad is a contemporary art museum in downtown Los Angeles with over 2.7 million visitors since it opened its doors in 2015.  Family Office Investment Services (FOIS) is the investment manager for the family and foundations.

JOB DESCRIPTION

The Director of Finance will play a vital role in providing high quality financial management services to TBF, The Broad, TBAF and TBC.  As a financial partner to these entities the primary responsibility will be managing the nonprofits’ financial reporting and GAAP financial statements as well as financial planning and analysis.

Key responsibilities will include, but will not be limited to:

• Direct and evaluate FOFS financial function and performance for all nonprofit entities including   responsibility for the accounting, cash management, budgeting, internal controls and accounts   payable
• Coordinate with the independent auditors on preparation of financial statements, internal   controls and all documents necessary to support the audit
• Handle accounting for the investment portfolio which is comprised, in large part, of alternative   investments (including a large number of private investments), including audit of investment return   calculations and coordination of performance reporting with the investment team
• Communicate analysis and interpretation of data to management
• Oversee IT budget and risk management
• Prepare board presentations and dashboards
• Work across teams to provide bond analysis and reporting
• Review grant reports and financial data for communications department
• Financial analysis as needed for new initiatives and long-term planning
• Support management of TBF, TBC and The Broad in creating and monitoring staff and board   member expense reimbursement policies
• Daily review and approval of wires, checks, bank reconciliations, expense report authorization  and approval for payables with cash management oversight
• Monthly review of allocations, bank reconciliations and general ledgers

QUALIFICATIONS

• Bachelor’s degree in business, accounting, or finance
• CPA license required, advanced certificates, graduate degree a plus (CFA, CFP, MBA)
• Ten or more years of combined public accounting and private/public company experience
• Solid understanding and working knowledge of GAAP and financial statements, including  working knowledge of accounting for alternative investments and nonprofit organizations
• Willingness to operate effectively in a hands-on leadership role
• Strong project management and client service skills
• Ability to work with individuals from all levels of an organization
• Strong communication skills and professional presence
• Adherence to the highest level of integrity and confidentiality
• Proficient with Microsoft Office, accounting software, investment data systems

Employment is contingent upon a satisfactory background and reference check, which will include a full credit and criminal report as well as verifications of employment and educational records. You must be legally authorized to work in the United States.

LOCATION

This position is based in Los Angeles, California. Regular attendance in-office is required.

COMPENSATION

The appointee’s compensation package will be based on experience. FOFS offers excellent benefits including a variety of health plans and 401(k) plan.

TO APPLY

To be considered for this position, please upload your letter of interest and resume at https://broadfamilyoffice.applicantpro.com/jobs/1122657.html

We will only contact candidates chosen for further consideration. No phone inquiries please.

EQUAL OPPORTUNITY EMPLOYER

Family Office Financial Services, LLC does not discriminate on the basis of race, color, religion, ethnic or national origin (including associational and perception-based harassment and discrimination based on national origin), ancestry, marital status, sex, gender, gender identity, gender expression, age, medical condition (as defined by California law), genetic information, physical or mental disability, sexual orientation, military or veteran status, or any other status protected by applicable law with regard to employment opportunities.

The statements in this description represent typical elements, criteria, and general work performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the job.

General Counsel

JOB TITLE: General Counsel
REPORTS TO: President/CEO
DATE POSTED: March 1
DATE AVAILABLE: Immediately

BACKGROUND
Family Office Financial Services, LLC (FOFS) provides finance, accounting, human resources, technology, communications, executive administration and additional support to the Broad family, The Broad, The Eli and Edythe Broad Foundation, The Broad Center, The Broad Art Foundation, and Family Office Investment Services.

The Eli and Edythe Broad Foundation (TBF) was established by philanthropists Eli and Edythe Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Center (TBC) develops leaders to transform America’s urban public school systems. The Broad Art Foundation (TBAF) is a lending library of the over 2,000 works of contemporary art in the Broad collections. The Broad is a contemporary art museum in downtown Los Angeles. Family Office Investment Services (FOIS) oversees the endowment of the foundations.

JOB DESCRIPTION

The General Counsel will work with the president of the Foundation and the CEO of the Family Office across all areas of philanthropic focus and organizational operations. The position will be responsible for providing counsel on a range of legal issues applicable to programmatic work and general operations, liaising with The Broad Foundation board of governors, and providing external support and representation.

General Counsel responsibilities will include, but are not be limited to:

• Address a wide range of legal matters including private foundation tax law, governance, intellectual property, investments due diligence, and employment law and benefits issues
• Serve as board liaison and oversee all activities of the board, including recordkeeping, meetings, committees, and all governance compliance matters; develop policies, reporting and trainings, as required
• Act as representative both internally and externally, and negotiate on behalf of the Foundation
• Provide counsel to senior management on all legal issues raised in the conduct of operations
• Advise program staff on legal issues relating to grants and program related investments; negotiating, reviewing and preparing grant terms and other grant-related documents
• Refine current and prospective employee policies, processes and trainings
• Negotiate, review and prepare contractual arrangements with outside service providers, consultants and vendors
• Review investment fund documents and perform legal due diligence as needed
• Coordinate with outside legal counsel as appropriate on litigation and other matters
• Ensure policies and procedures comply with regulatory requirements; keep current on new and emerging laws
• Play an essential role in building and carrying the culture and values of the organizations

QUALIFICATIONS

• JD in good standing with minimum of 8 or more years of legal experience; law firm and in-house counsel experience highly preferred
• Experience leading, drafting and negotiating corporate, transactional and other legal documents
• Deep knowledge of and experience with the laws and regulations applicable to private foundations and nonprofits, and the ability to formulate governance and compliance policies across all entities with regard to these rules
• Fluency across key operational areas such as program, tax, HR, IT, and knowledge of how foundations function
• Ability to use quantitative and qualitative data to present options for decision-making
• Ability to juggle multiple competing demands and set priorities in a fast-paced environment while maintaining superb attention to detail
• Exceptional interpersonal skills including strong written and verbal communication and ability to positively engage with individuals with a range of backgrounds
• Demonstrated ability to build authentic partnerships, to collaborate, and to work with efficiency and diplomacy
• Demonstrated ability to work both autonomously and as part of a team, always with flexibility, enthusiasm and determination
• Proficiency using standard office software and legal research tools

In addition, the candidate must be:

• A tenacious and skillful facilitator and problem solver, with the ability to anticipate issues before they arise and prioritize them appropriately once they do
• A good listener who can be both empathetic and pragmatic
• Organized and capable of functioning in a dynamic environment with a can-do attitude
• A trusted colleague with good instincts, discretion and strong personal and intellectual integrity
• Deeply committed to the Foundation’s mission

Employment is contingent upon a satisfactory background and reference check, which will include a full credit and criminal report as well as verifications of employment and educational records. You must be legally authorized to work in the United States.

LOCATION
This position is based in Los Angeles, California. Regular attendance in-office is required; flexible or part-time schedule considered.

COMPENSATION
The appointee’s compensation package will be based on experience. FOFS offers excellent benefits including a variety of health plans and 401(k) plan.

TO APPLY
To be considered for this position, please upload your letter of interest and resume here. We will only contact candidates chosen for further consideration. No phone inquiries please.

EQUAL OPPORTUNITY EMPLOYER
Family Office Financial Services does not discriminate on the basis of race, color, religion, ethnic or national origin (including associational and perception-based harassment and discrimination based on national origin), ancestry, marital status, sex, gender, gender identity, gender expression, age, medical condition (as defined by California law), genetic information, physical or mental disability, sexual orientation, military or veteran status, or any other status protected by applicable law with regard to employment opportunities.

The statements in this description represent typical elements, criteria, and general work performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the job.

Human Resources Manager, The Broad

JOB TITLE:                    Human Resources Manager, The Broad

REPORTS TO:               Human Resources Director, FOFS and Deputy Director, The Broad

CLASSIFICATION:         Full-time, Exempt

DATE POSTED:             6-06-19

DATE AVAILABLE:        Immediately

BACKGROUND

Family Office Financial Services, LLC provides finance, accounting, human resources, technology, communications, executive administration and additional support to the Broad Family, The Eli and Edythe Broad Foundation, The Broad Center, The Broad Art Foundation, Family Office Investment Services and The Broad.

 About The Broad

The Broad is a contemporary art museum founded by philanthropists Eli and Edythe Broad on Grand Avenue in downtown Los Angeles. Designed by Diller Scofidio + Renfro in collaboration with Gensler, the museum offers free general admission. The Broad is home to the 2,000 works of art in the Broad collection, which is among the most prominent holdings of postwar and contemporary art worldwide and presents an active program of rotating temporary exhibitions and innovative audience engagement. The 120,000-square-foot building features two floors of gallery space and is the headquarters of The Broad Art Foundation’s worldwide lending library, which has actively loaned collection works to museums around the world since 1984. The Broad welcomes more than 800,000 visitors annually.

JOB DESCRIPTION

The human resources manager works closely with the museum’s deputy director and its hiring managers to ensure optimal staffing levels, recruiting talented individuals who can contribute to the museum’s high-performance culture, and managing a comprehensive human resources plan. While primarily serving the needs of the museum, the human resources manager is an employee of Family Office Financial Services, LLC (“FOFS”), and part of a 4-person HR team.

Responsibilities for The Broad

Key responsibilities will include but not be limited to:

● Oversee the recruitment, hiring, and onboarding efforts for all positions, working closely with hiring managers; primary focus will be recruiting all part-time staff, on average 8 to 10 positions per month
● Manage employee relations, employee grievances and enforce compliance with labor laws through positive and professional mediation; work with the director of human resources in workplace investigations, disciplinary and termination procedures
● Develop, recommend, and implement personnel policies and procedures that uphold the museum’s culture and mission in coordination deputy director and director of human resources
● Manage an effective employee review process coordinating with the deputy director and director of human resources
● Responsible for tracking all ACA employment status for part-time staff, processing insurance enrollment/termination of coverage, and working with our payroll vendor to ensure accurate ACA 1095 forms and submitting all required EEOC reporting
● Responsible for managing leave of absences and workers compensation program/claims for the museum
● Maintain business relationships with HR vendors (i.e. Payday, Vanguard, insurance broker, benefit carriers, Cal Chambers etc.)
● Participate in staff meetings and attend other meetings, as required
● Maintain organizational charts and employee directory

Responsibilities for Family Office Financial Services, LLC

Key responsibilities include but are not limited to:

● Work with members of the FOFS HR team to support functions such as payroll, benefits, 401k, workers comp, new hire and terminating employee administration, leaves of absence and compliance activities
● Oversee compliance for all mandated employee trainings, research vendors providing recommendations to deputy director and director of human resources and implement training
● Develop compensation statements for all entities each year
● Assist director of human resources with required benefit reporting for all entities

 QUALIFICATIONS

Our ideal candidate will be skilled in managing compensation, benefits, recognition, training, performance management, and employee relations in a manner that retains staff members long-term. We are proud of the diversity in our workforce, and our human resources manager is tasked with ensuring that our museum’s culture welcomes a diverse population and supports each person in achieving career goals within the organization. The successful candidate will have:

● Bachelor’s degree in human resources, industrial relations, business management or related field; PHR/SPHR or SHRM-CP/SCP certification preferred in addition to bachelor’s degree
● 5-7 years of professional level human resources experience is required, including at least 3 years in a human resources generalist capacity
● Ability to work with a high sense of urgency and strong time management skills to be able to execute tasks efficiently with strong follow-through
● Commitment to recruiting top talent, and providing staff members with an exceptional work experience
● A strong knowledge of California, Federal, and local employment laws including but not limited to ADA, FMLA, CFRA, PDL, COBRA, wage and hour law, and regulations relevant to HR administration
● Strong technology skills: MS Word, Excel, Outlook, Access, HR Software (knowledge of PayDay a plus), Web-based payroll, etc.
● Strong writing and communication skills
● Accuracy and attention to detail
● Professional demeanor and high level of integrity
● Hands-on attitude, problem solver, analytical thinker
● Driven, results-oriented, able to manage multiple projects simultaneously
● Highly organized and efficient
● Ability to thrive in a fast-paced office environment
● A high degree of flexibility, dedication, resourcefulness, energy, positivity, and creativity
● Ability to handle confidential information with care and discretion
● Museum experience and/or knowledge of the contemporary art world is a plus, but not required

Employment is contingent upon a satisfactory background and reference check, which will include a full credit and criminal report as well as verifications of employment and educational records. You must be legally authorized to work in the United States.

 LOCATION

The position will primarily be based at The Broad, located in downtown Los Angeles and works out of the Family Office Financial Services, LLC’s Century City area of Los Angeles

COMPENSATION

The appointee’s compensation package will be based on experience. FOFS offers excellent benefits including a variety of health plans and 401(k) plan

TO APPLY

To be considered for this position, please upload your letter of interest and resume at https://broadfamilyoffice.applicantpro.com/jobs/1105875.html .  We will only contact candidates chosen for further consideration.  No phone inquiries please.

EQUAL OPPORTUNITY EMPLOYER

Family Office Financial Services, LLC and The Broad are equal opportunity employers and we aspire to reflect the diversity of Los Angeles in both our staff and visitors. We will consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. We prohibit associational and perception-based harassment and discrimination based on national origin. Both Family Office Financial Services, LLC and The Broad believe that by actively building a workforce of the brightest people from the widest possible range of backgrounds, we can innovate and inspire and engage with the widest possible audience.

The statements in this description represent typical elements, criteria, and general work performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the job.