What are the responsibilities and job description for the Financial Operations Leader position at ABFE?
Company Culture:
Land Bank Twin Cities values diversity, equity, and inclusion in the workplace. We are an equal opportunity employer and welcome applications from individuals who share our commitment to these values.
Job Description:
The Chief Financial Officer (CFO) will be responsible for leading the development of our financial systems, strategies, and future growth. This individual will be a strategic thought partner and advisor to the President and other members of the senior leadership team.
Key Responsibilities:
- Closely monitor cash flow and line of credit using automated forecasting tools and analysis.
- Develop and communicate financial metrics and reporting to executive leadership and the board of directors.
- Oversee financial and accounting operations, including cash management, accounts payable, expense reimbursements, accounts receivable, and collections.
- Prepare and distribute accurate and timely monthly, quarterly, and annual financial reports.
- Lead the development of annual, mid-term, and long-term financial objectives and plans that align with the organization's strategic direction.
- Oversee the preparation and distribution of budgeting for projects such as major capital improvements, property acquisition, etc.
- Engage effectively with the Board of Directors, drawing upon members' knowledge and experience and involving them appropriately in strategy, policy, fundraising, and fiduciary oversight.
Requirements:
- Bachelor's degree in Finance, Accounting, or Business Administration or equivalent professional experience.
- Graduate degree or MBA in Finance or Accounting.
- Preferred: CPA and/or other finance or accounting professional designation.
- Real Estate (residential, commercial, and/or development) finance and accounting background and/or CDFI financial management experience.
- Five years or more experience in managing a team of direct reports in areas of lending, AR/AP, real estate finance, and/or grant management or equivalent professional experience.
- Demonstrated history of developing and implementing new processes, systems, and automation to increase efficiency.
- Proficiency in automated Accounting Software Systems including Sage Intacct.
- Experience with business planning, lending, and other financial software.
- Advanced intermediate Microsoft Excel skills.
