Chief Financial Officer

Building Bridges Across the River

Job Title: Chief Financial Officer (CFO)

Department: Finance and Human Resources

Status: Regular, full-time (with benefits) (IN-PERSON ROLE)

Reports to: President and CEO

ABOUT BUILDING BRIDGES ACROSS THE RIVER (www.Buildingbridgesdc.org)

Building Bridges Across the River (Building Bridges) provides residents East of the Anacostia River access to the best-in-class facilities, programs and partnerships in arts and culture, economic opportunity, education, recreation, health and well-being. Building Bridges Across the River (Building Bridges) envisions a future in which the residents East of the Anacostia River experience vital, thriving communities characterized by social, cultural, economic, and racial equity. In order to combat past and current structural inequities, Building Bridges develops and manages facilities and programs in Wards 7 and 8 including the Town Hall Education Arts Recreation Campus (THEARC), THEARC Theater, 11th Street Bridge Park, and Skyland Workforce Center. In 2005, Building Bridges first facility was THEARC at 110,000 square feet and since then, has grown to 236,000 square feet, representing the largest social service, multisector, nonprofit collaboration in the country.

Led by President and CEO, Rahsaan Bernard, and championed by a high-profile, engaged Board of Directors, Building Bridges is well-positioned to continue its efforts to build bridges of opportunity and community. Building Bridges' energizing work environment makes it an optimal place for highly motivated, tenacious and friendly individuals to succeed and grow within the organization. Building Bridges office is located on the campus of THEARC in Southeast DC.

PRINCIPAL RESPONSIBILITIES:

The Chief Financial Officer is responsible for the overall financial strategies and operations of the organization. This includes:

• Provide strategic financial leadership and guidance to the President and executive team.
• Present financial performance to the Finance Committee and Board of Directors.
• Identify financial opportunities and challenges, recommending strategies for organizational sustainability.
• Manage financing for capital projects including but not limited to New Market Tax Credit (NMTC) structures.
• Lead the annual budgeting process and financial forecasting.
• Develop and document financial and accounting policies, procedures, and best practices.
• Maintain and improve Building Bridges' chart of accounts and financial reporting structure.
• Oversee the financial aspects of capital projects including but not limited to New Market Tax Credit (NMTC) financing.
• Supervise finance department staff, including professional development and performance management.
• Oversee and approve monthly financial close process and reporting.
• Oversight of all financial operations, reporting, and compliance.
• Oversee cash flow management and investment strategies.
• Ensure compliance with all financial regulations and reporting requirements.
• Oversee annual financial audit process and tax filings.
• Proficient in Sage Intacct required (minimum 5 years working with all aspects of Sage Intacct)
• Experience with fund accounting, restricted grants, and program allocation methodologies.
• Perform other duties as assigned by the President.

QUALIFICATIONS & REQUIREMENTS

• Bachelor's degree in accounting or finance required; CPA strongly preferred
• 15 years of progressive experience in accounting and financial management
• Minimum 7 years in senior financial leadership roles, preferably in nonprofit organizations
• Experience with Sage Intacct financial system
• Knowledge of nonprofit accounting, GAAP, and financial reporting
• Experience with New Market Tax Credits and complex financing structures
• Strategic thinking and problem-solving abilities with excellent analytical skills
• Outstanding communication skills, with ability to translate complex financial information for non-financial audiences
• Experience presenting to Boards and Finance Committees
• Demonstrated leadership abilities and team management experience
• Knowledge of and commitment to the communities served in Wards 7 and 8
• Exceptional interpersonal skills and ability to work collaboratively with all levels of staff, volunteers, donors, board members and prospective donors
• Strong project management experience coordinating and prioritizing complicated projects
• Intellectually curious, creative and strategic thinker able to challenge conventional norms
• Sound judgment and integrity with discretion in handling confidential information

SALARY & BENEFITS

This is a full-time position with a salary of $175,000-$200,000. Benefits include PTO, Holiday Pay, Medical, Dental, Vision and ability to participate in the 401(k) Retirement Plan. Building Bridges is an equal opportunity employer.