What are the responsibilities and job description for the CFO position at Mission Advantage Recruiting?
Summary
The Chief Financial Officer serves as a resource person to parishes in financial and related matters while evaluating, updating, and ensuring compliance of financial policies and procedures for the parishes, schools, and other juridic persons under the oversight of the Bishop, advancing sound practices for the care of the temporal goods of the Church.
This position reports directly to the Chief Operating Officer (COO) and maintains a line of communication to the Bishop on financial matters pertaining to the mission of the Diocese
Job Duties And Responsibilities
The Chief Financial Officer serves as a resource person to parishes in financial and related matters while evaluating, updating, and ensuring compliance of financial policies and procedures for the parishes, schools, and other juridic persons under the oversight of the Bishop, advancing sound practices for the care of the temporal goods of the Church.
This position reports directly to the Chief Operating Officer (COO) and maintains a line of communication to the Bishop on financial matters pertaining to the mission of the Diocese
Job Duties And Responsibilities
- Act as Financial Advisor to the Bishop and other diocesan leadership.
- Analyze and make recommendations pertaining to all major financial decisions and questions facing the Diocese, its parishes, schools and other external organizations.
- Serve on the Diocesan Finance Council and serve on other committees or entities as directed by the Bishop. Coordinate Diocesan Finance Council meetings and ensure adherence to its bylaws.
- Direct preparation of periodic financial statements for Diocesan Administrative offices, Diocesan Management, Diocesan Finance Council, and appropriate external organizations.
- Implement and evaluate financial policies and practices of the Diocese to ensure that financial goals and objectives are met in accordance with Canon Law, policies established by the diocesan Bishop, and government regulations.
- Oversee the planning and completion of the diocesan annual audit process in accordance with generally accepted accounting practices.
- Oversee the administrative and operational functions of the Finance Department.
- Oversee planning and completion of the diocesan budget.
- Oversee the administration of diocesan pension plans and employee health plan.
- Oversee the administration of risk management to include property, liability, and casualty insurance coverage.
- Ensure that all funds are properly invested and managed; evaluate investment alternatives. Coordinate meetings of the Investment Committee and ensure adherence to its bylaws.
- Maintain a high level of contact with constituencies across the Diocese, especially with pastors and their parish staffs and finance councils, as well as school principals and administrators.
- Maintain all information as confidential.
- Other duties as assigned.
- Undergraduate degree with a preference for advanced degrees in accounting, finance or business.
- A minimum of 10 years' experience with responsibilities in leadership positions in accounting and finance, with an excellent performance record.
- Administrative leadership experience, preferably in the Catholic Church, including working with consultative bodies, supervision, accounting, investing, and borrowing.
- Advance knowledge of budgeting principles and practices (including use of spreadsheet software), accounting principles, investment, and financial reporting methodologies.
- Experience required in the following areas: property management, employee benefits and insurance.
- Preference for candidates familiar with the Code of Canon Law related to temporal goods.
- Strong history of exceptional interpersonal skills, both with co-workers and clients.
- Excellent presentation, verbal and written communication skills.
- Practicing Catholic in good standing