Chief Operating Officer (COO)
Company: Common Future
Location: Oakland
Posted on: September 17, 2024
Job Description:
OverviewFounded in 2001, Common Future works to close the racial
wealth gap. We are building a future where all people-no matter
their race and class-have power, choice, and ownership over the
economy. Our current economic system does not work for everyone.
Generations of Black and Indigenous communities and other
communities of color have been and are currently intentionally
locked out of wealth and power. Centuries of policies that
systematically favor a select few cause persistent economic
inequities that hold us all back.With a multiracial, women-led
co-CEO team we are reimagining leadership, prioritizing
sustainability, shared leadership and clarified decision making,
and reflecting the communities we serve. We are audacious,
expansive, and unapologetic thinkers and doers who bring lived
experience to the problems we tackle. Our diverse team of
strategists, community organizers, financial activists, and policy
enthusiasts provides capital, operational support, and strategic
partnership to budding solutions addressing racial and economic
injustice.Our include centering equity, being the communities we
serve, embracing experimentation, reimagining what's broken,
collectively solving problems, and modeling a new way of working.
We strive to be an innovator that prioritizes the well-being of our
employees. Read more about us on our .Job Posted on August 1,
2024PurposeThe COO serves as an internal leader, spearheads the
Executive Team, and coordinates directly with the Office of the
Co-CEOs to advance the strategic priorities of Common Future. The
COO will have oversight of key operational functions including
Finance, People Operations, and IT/Systems. The COO will
effectively build and refine organization and staff capacity,
ensure operational effectiveness and efficiency to achieve the
organization's vision and mission, and help steward the
organization through our next phase of evolution and
growth.Position Responsibilities
- Strategy, Management, & Leadership (35%)
- Lead the Executive Team (aka ), including the coordination of
executive priorities and topics, setting agendas, and supporting
preparation.
- Lead the organization internally and ensure effective
communication and connectivity across departments and
subteams.
- Evaluate and ensure executive and operational alignment with
organizational mission, strategic objectives, and key results.
- Act as a thought partner to Office of Co-CEOs.
- Support the work to ensure that our culture continues to evolve
in line with our strategy and that our priorities around building
an inclusive and equitable workplace remain top priority.
- Work with the Co-CEOs, Chief of Staff, and Executive Team on
annual budgeting processes and other operating and strategic
plans.
- Consistently communicate with the Co-CEOs on the status of the
organization's overall performance and emerging operational and
programmatic opportunities and challenges.
- Lead and implement change initiatives related to organizational
processes, systems and infrastructure.
- Operations (35%)
- Coordinate with Office of Co-CEOs and Operations team leaders
to establish high level vision setting for the direction of the
Operations team.
- Strengthen and streamline organization-wide operations through
adaptation, shared learning, and continuous improvement.
- Directly supervise and support the VP of People Ops, VP of
Finance, and Systems and Information Manager - holding teams
accountable, delegating effectively, and supporting their
development and growth.
- Broadly oversee and support the work of the Finance subteam,
including accounting, financial reporting and analysis, tax
reporting, budgeting, compliance, and risk management.
- Broadly oversee and support the work of the People Operations
subteam, including employee experience, culture, talent management,
development, benefits, compensation, compliance, and office
management.
- Broadly oversee and support the work of the systems/IT function
under the Strategic Operations subteam, including an effective IT
and systems strategy, adequate controls, policies, and procedures
that are resourced and support the organization's needs.
- Triage across the Operations subteams to ensure the people,
financial, and systems resources needed to achieve our strategic
priorities as set by Co-CEOs.
- Compliance & Enterprise Risk Management (20%)
- Oversee CF's safety and security framework, including
cybersecurity protocols in collaboration with CF's outsourced
managed service provider ().
- Ensure CF remains compliant, appropriately registered, and well
protected as it relates to IT, fundraising, insurance, and
investment activities.
- Coordinate with General Counsel, external pro bono counsel as
needed, and Finance team to ensure compliance with applicable
Federal and State regulations and navigate CF's ongoing legal
needs, including ensuring entity maintenance and insurance
management for two nonprofit entities - Common Future and Community
Credit Lab.
- Ensure robust systems to strengthen the infrastructure of the
organization, including legal and risk management.
- Building an Equitable Organization (10%)
- Evaluate and continuously improve the organization-wide equity
strategy and priorities.
- Evaluate adherence to equity priorities across the
organization, including our ongoing work to be Pro-Black and
Pro-Indigenous.
- Coordinate working groups to implement the equity strategy as
needed.
- Develop and oversee equity budget and ensure that work is
adequately resourced.Desired Qualifications
- Track record of executive leadership experience - at the
C-suite level or senior management positions, in managing an
organization, budget creation and oversight, building capacity, and
developing streamlined and agile processes.
- Exceptional aptitude for managing and leading executive
leadership and cross-functional teams.
- Lived, learned, and labored experience and passion for
addressing economic injustice and closing racial wealth gaps.
- Commitment and dedication to dismantling unjust systems with
experience addressing bias and dominant culture in the
workplace.
- Exceptional strategic thinking skills around operationalization
and execution in complex situations and environments.
- Expertise in guiding nonprofit organizations through the
transition from growth to maturity by leveraging adaptable
leadership strategies and stewarding change management
initiatives.
- Strategic communication skills to ensure organization-wide
coordination and operational prioritization is effective and
aligned with organizational goals.
- Comfortable operating in ambiguity, with a desire to seek
clarity - comfortable asking hard questions to ensure alignment and
comprehension.
- Preferred, but not required education/certifications: CPA, JD,
HRCI SPHR or SHRM-SCP, MBA.Compensation$162,500 - $188,800 a
yearThis is a full-time, exempt position where the salary will be
based on competence and experience at the conclusion of the
interview process. The compensation is non-negotiable, aligning
with our internal equity principles and compensation philosophy.
Once onboard, there is potential for salary growth within the
established band, as Common Future staff have opportunities for
annual merit increases and cost of living adjustments.Our
CommitmentAs an Equal Opportunity Employer, Common Future does not
discriminate against applicants or employees due to their race,
ethnicity, religion, sexual orientation, gender, gender identity,
age, physical ability, hairstyle, previous incarceration, or length
of time spent unemployed. As an organization, we are committed to
reflecting the diverse communities we serve.Studies have shown that
women, trans, non-binary folks, and BIPOC are less likely to apply
for jobs unless they believe they meet every single one of the
qualifications as described in a job description. We are committed
to building a diverse and inclusive organization, and we are most
interested in finding the best candidate for the job. That
candidate may be one who comes from a background less traditional
to our field of work, and that's okay. We would strongly encourage
you to apply, even if you don't believe you meet every one of the
qualifications described.BenefitsCommon Future offers a work
environment that is committed to the wellbeing and support of our
employees. We embrace a human-centered approach to our practices
and policies. We offer a competitive benefits package that
includes:--- Ongoing , Monday - Thursday, 32-hour workweek, 80%
time at 100% pay.--- Remote and flexible work options.--- 20 days
of PTO.--- 18 paid holidays*, including a week off in the Spring
and Winter.--- Fully paid medical, dental, vision for employees.
Dependents covered at 75%.--- Access to a flexible spending account
(FSA) for medical and dependent expenses.--- Paid long-term
disability and life insurance.--- 16-week paid parental leave.---
$500 annual professional development stipend.--- $500 monthly
caregiver stipend.--- Immediately vested 4% 403b retirement plan
contribution after 90 days.--- $800 one-time home office set up
stipend for new employees.--- $150 per month coworking, home
office, and cell phone stipend.--- Annual in-person retreat, and
more!*Holidays that fall on Fridays are not rescheduled to another
day.NotesApplications will be evaluated as they arrive and the
position will remain open until filled.Due to the high volume of
applications, our hiring team is not able to field requests for
feedback or informational interviews sent via LinkedIn or email. If
you are a good match for the role, our team will reach out to you
directly.
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Keywords: Common Future, Antioch , Chief Operating Officer (COO), Executive , Oakland, California
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