CFO/Controller

Job Summary
The Chief Financial Officer (CFO) works closely with the CEO to lead the Foundation. The CFO is responsible for overseeing the foundation’s financial strategy, planning, and operations. The CFO will manage financial reporting, budgeting, compliance, and investment activities to align with the organization’s mission and goals. This role requires a hands-on leader with expertise in nonprofit finance and a commitment to advancing the foundation’s mission.

Duties

Financial Leadership

• Develop and implement the foundation’s financial strategy in alignment with organizational goals.
• Collaborate with the CEO, board, and leadership team to drive strategic financial decision-making.
• Serve as the primary liaison to the board’s finance and investment committees, presenting financial reports and updates.

Financial Management:

• Oversee all accounting and finance functions, including accounts payable/receivable, payroll, and financial reporting.
• Develop, monitor, and report on the annual budget in collaboration with the CEO and program staff.
• Ensure accurate and timely preparation of financial statements, budgets, and reports for the Board.
• Oversee the operations of the Virginia Educational Tax Credit Program.
• Prepare information for the annual Form 990 and review the completed form
• Manage all accounting and reporting related to Charitable Remainder Trusts and Charitable Gift Annuities
• Prepare and file required annual Forms 1099
• Prepare required gift acknowledgements
• Prepare and file reports required by VDACS, SCC, VDOE (for Virginia Education Improvement Scholarships Tax Credit program), insurance provider, and others
• Participate in preparing quarterly reports to donors
• Monitor and complete all requirements to maintain the organizations 403(b) plan

Investment Oversight:

• Manage the foundation’s investment portfolio in partnership with its investment advisor, ensuring alignment with the foundation’s goals and policies.
• Monitor investment performance and provide regular updates to the board’s Investment Committee.
• Develop and update Investment Policy Statement in conjunction with investment advisor and procedures as needed.

Compliance & Risk Management:

• Ensure compliance with federal, state, and local financial regulations and reporting requirements.
• Oversee annual audits, tax filings, and other regulatory reporting.
• Identify and mitigate financial and operational risks.

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Skills

• Organization: Demonstrates strong time management and prioritization skills.
• Proactive Problem-Solving: Anticipates needs and resolves challenges independently.
• Discretion: Handles sensitive information with confidentiality and professionalism.
• Interpersonal Skills: Builds positive relationships with fundholders and volunteer leaders
• Adaptability: Thrives in a fast-paced, mission-driven environment.

Job Type: Part-time

Pay: $55.00 - $80.00 per hour

Expected hours: 29 per week

Benefits:

• 401(k)
• 401(k) matching
• Life insurance

Work Location: In person

Salary : $55 - $80