What are the responsibilities and job description for the Chief Financial Officer position at Community Initiatives?
Community Initiatives is an Oakland based nonprofit organization providing more than 110 different nonprofit clients with fiscal sponsorship, including tax-exemption, accounting and financial oversight, risk management and insurance, legal compliance, grants management, and human resource services. Our fiscally sponsored projects (FSPs) represent various nonprofit sectors––arts and culture, education, environment, health, human services, and public affairs.
Summary :
Reporting to and partnering with the CEO, the CFO will play a critical role in developing financial plans, overseeing all fiscal and fiduciary responsibilities for the organization and its fiscally sponsored projects in conjunction with the Board of Directors and Finance and Audit Committees of the Board. The CFO plays a critical role in developing and implementing our approach to customer service, ensuring appropriate financial processes and policies are in place, and upgrading systems to operate more efficiently and transparently with our projects. The CFO manages, motivates, and mentors the Accounting / Finance Department.
Essential Job Functions :
Financial and Operational Management
- Oversees all accounts, ledgers and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory and audit requirements and tax filings. Ensures internal control safeguards are in place and oversees all audit activities.
- Manages cash flow and forecasting for the organization and projects.
- Partners with CEO and Board to develop and implement multi-year strategic plans and annual plans to ensure alignment between long-term and short-term budgetary planning and cost management.
- Monitors progress against the budget and presents financial metrics both internally and externally.
- Develops and utilizes forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
- Partners with systems consultant and CEO to identify, ensure organization is ready for and implements new systems that meet the needs of the organization and projects.
- Engages the Board Finance and Audit Committees around issues, trends and budgets and cost management. Sets agendas, works with Board members and engages outside consultants appropriately.
- Participates in policy development as a member of the senior management team.
- Optimizes banking relationships to ensure strong financial and operational management.
- Represents the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
- Remains up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations and fundraising.
Team Management
Qualifications :
Physical Demands
Working for Community Initiatives
This is a full-time, exempt position that includes extensive benefits and a competitive salary commensurate with experience, $225,000-250,000 / year. This position is currently working in hybrid mode with two or more days / week in our office in Oakland.
CI offers a comprehensive benefits package including :
Interested candidates should submit a cover letter with salary requirements and resume to
jobs@communityinitiatives.org
Community Initiatives is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to age, race, color, religion, creed, sex, sexual orientation, gender identity or expression, national origin, marital status, disability or protected veteran status, or any other status or characteristic protected by federal, state, or local law.
Salary : $225,000 - $250,000