Nonprofit Chief Financial Officer
Houston, TX
Our client, a Houston non-profit organization dedicated to helping individuals and families impacted by addiction, is seeking a Chief Financial Officer. This Executive is responsible for all financial matters of the organization and its affiliate organizations. The CFO will report to and work closely with the President and CEO and will partner with the Senior Leadership, the Board of Trustees, and the Foundation to develop and implement strategies across the organization.
Qualifications :
The CFO will be a seasoned and mature leader with at least 12-15 years of broad financial experience, including experience gathering and evaluating financial information and making actionable recommendations to Senior Leadership. S / he will ideally have experience managing finance (accounting, budgeting, planning, controls, and reporting) for a complex nonprofit with multiple funding sources including federal and state government contracts.
Finance Responsibilities :
- Oversees all compliance and recognition for government (federal and state) contracts and private grants.
- Oversees cash flow planning and ensure availability of funds as needed; cash, investment, and asset management; financing strategies and activities, as well as banking relationships; risk management and ensures appropriate levels of insurance coverage.
- Develops and utilizes forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans across various programs and costs centers.
- Coordinates the development of budgets.
- Provide assistances in preparation and / or approval of contract and grant budgets.
- Performs variance analysis and forecasting preparation, providing recurring and timely updates to Senior Leadership and Board of Trustees.
Planning, Policy, and Stakeholder Relations Responsibilities :
Develops and implements financial strategies that support the organization’s mission and goals.Participates in corporate policy development as a member of the Senior Leadership team.Participates in Board of Trustees, Foundation Board, and Executive Committee meetings as the financial representative of Senior Leadership.Engages the Finance Committee of the Board of Trustees to develop short-, medium-, and long-term financial plans and projections.Serves as staff leader of the Foundation’s Investment Committee.Accounting and Administration Responsibilities :
Provides leadership and mentorship to the finance and accounting team, fostering a culture of collaboration, continuous improvement, and professional development.Ensures maintenance of appropriate internal controls and accounting and financial procedures.Ensures timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, Senior Leadership, Board of Trustees, and the Foundation Board; oversee the preparation and communication of monthly and annual financial statements.Remains up to date on nonprofit accounting best practices and state and federal law and regulations regarding nonprofit operations.Coordinates audits and proper filing of tax returns.Ensures legal and regulatory compliance regarding all financial functions.Requirements :
BA or BS required : CPA and / or MBA would be a plus.5 years of experience as CFO, Controller, or equivalent, preferably in a nonprofit organization.Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.Demonstrated track record of identifying and implementing process efficiencies and opportunities for automation.Experience working with information technology staff to manage finance and accounting software packages.Proficient in the use of MS Office and financial management software.Excellent written and oral communication skills.Demonstrated leadership ability, team management, and interpersonal skills.Excellent analytical and abstract reasoning skills, plus excellent organization skills.Passion for the mission and work of the organization.
