Chief Financial Officer

Job Summary

This is an in-person position responsible for developing tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations by performing the following duties.

Essential Duties

• Collaborates with the CEO to engage the board, finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.
• Assesses organizational performance monthly, quarterly, and annually against both the annual budget and company’s long-term strategy.
• Oversees long-term budgetary planning and costs management in alignment with company strategic plan, as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations.
• Partners with the CEO to set the financial goals and strategy of the organization.
  
  

Job Duties

• Serves as a member of the executive leadership team.
• Participates in key decisions pertaining to strategic initiatives, operating model, and operational execution.
• Prepares and maintains regular financial reports, cash flow statements, forecasts, dashboards, and KPIs.
• Completes analysis of financial results and develops recommendations both strategic and tactical.
• Develops and executes analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).
• Oversees the fiscal department to ensure proper maintenance of all accounting systems and functions, to supervise the financial department.
• Ensures maintenance of appropriate internal controls and financial procedures following GAAP standards.
• Ensures timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and the CEO and the Board of Directors.
• Oversees preparation of month-end, quarter-end, and year-end financial statements.
• Reviews all month-end closing activities including general ledger maintenance, balance sheet reconciliations, and corporate/overhead cost allocation.
• Oversees cash, investment, and asset management, cash flow planning, and ensures availability of funds, as needed.
• Oversees financing strategies and activities, as well as banking relationships.
• Develops and utilizes forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
• Participates in corporate policy development as a member of the executive management team.
• Represents the Organization to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
• Overseeing financial audits, ensuring compliance with regulations, and ensuring transparency in financial reporting.
• Remains up to date on non-profit audit best practices and state and federal law regarding non-profit operations.
• Oversees the preparation and communication of monthly and annual financial statements.
• Coordinates audits and proper filing of tax returns in collaboration with Controller.
• Ensures legal and regulatory compliance regarding all financial functions.
• Oversees the execution of business contracts and relationships, including but not limited to, insurance, real estate and equipment leases, and property tax exemptions.
• Works collaboratively in a team environment with a spirit of cooperation.
• Other duties as assigned.
  
  

Supervisory Responsibilities

Directly supervises the Controller and provides leadership to the entire Fiscal department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees, planning, assigning, and directing work, appraising performance, rewarding and disciplining employees, addressing complaints and resolving problems.

Experience/Education

Bachelor’s degree (B.S.) or equivalent, CPA and/or MBA, preferred. ten or more years’ experience as a CFO or equivalent, in a non-profit organization with a budget of at least $20M or more. Experience working with information technology staff to manage finance and accounting software packages. Experience in a senior financial-management role, partnering with executive staff, development and implementation of effective financial management strategies. Significant experience in or knowledge of sophisticated fund and grant accounting, compliance, and reporting.

Certificates, Licenses, And/or Registrations

Certified Public Accountant (CPA) required.

Computer Skills

Familiarity with the latest financial software, data analytics tools, and digital platforms can streamline financial processes, improve accuracy, and enhance decision-making capabilities. The CFO should also be knowledgeable about the cybersecurity risks associated with financial data and work proactively to mitigate these risks. Implementing new technologies and staying current with tech trends can result in more efficient financial management and provide a competitive edge.