What are the responsibilities and job description for the Chief Financial Officer position at KLR Executive Search Group LLC?
KLR Executive Search Group is proud to partner with our Client to identify its new Chief Financial Officer (CFO). Based in Providence, RI, our Client is a comprehensive non-profit social service organization whose mission is to advance equity, opportunity, and hope in communities. Through thoughtful coordination and a shared vision, our Client provides essential resources for underserved individuals, families, and communities across Rhode Island.
Reporting to the Chief Executive Officer (CEO), the CFO is an integral executive team member, offering fiscal expertise and oversight. The CFO is responsible for all the accounting and finance operations, including financial reporting, general ledger, billing, accounts payable/receivable, and payroll. The CFO provides organizational and functional leadership and direction guided by an inclusive spirit and a commitment to providing timely, accurate, high-quality information and service.
The ideal candidate will have the ability to see the big picture with an entrepreneurial and collaborative spirit while also being very hands-on. They will be flexible, solution-focused, innovative, and interested in seeking new opportunities to grow and build on the organization’s success. The CFO will manage the finance team and impart their financial knowledge to empower them to develop and grow.
Key Responsibilities include:
- Oversees all the finance and accounting functions for our Client and its affiliates.
- Closely supervises the finance team, helping them develop their skills by providing coaching and mentorship.
- Prepares and presents the organization’s financial statements and program reports to the CEO, Board of Directors, and executive team on a monthly basis.
- Drives the process for the preparation of the annual and project budgets, monitors budgets to assess financial performance and works with budget managers to understand, track, and manage budgets throughout the year.
- In conjunction with the Chief Operating Officer (COO) and Vice President of Human Resources, conducts analysis of benefits on an annual basis; administers the organization’s 403b/401k plans.
The successful candidate will bring:
- Proven experience managing and developing finance teams.
- Dual focus leadership – detail-oriented, hands-on approach while visualizing the big picture.
- Ability to communicate complex concepts and information so all audiences can understand.
- Strong collaboration and relationship-building skills with the capability to also work independently.
- Experience with multiple complex funding sources, understanding of State and Federal funding sources, and third-party payer billing preferred.
- Bachelor’s Degree in Accounting or related degree, OR an equivalent combination of education and experience.
- MBA or CPA preferred.
