Demo

CFO

The HR Source
Hyattsville, MD Full Time
POSTED ON 3/6/2025
AVAILABLE BEFORE 6/4/2025

Job Description

  • Family Services Foundation

Key Res

Budgeting & Grant Compliance

  • Oversee the development and management of the annual budget, ensuring alignment with programmatic and operational needs.
  • Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.
  • Provide financial reports and analysis to grantors, funders, and government agencies as required.
  • Financial Reporting & Internal Controls

  • Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.
  • Maintain strong internal controls and financial policies to safeguard the organization's assets.
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit financial regulations.
  • Manage cash flow to ensure financial stability and operational efficiency.
  • Audit & Compliance

  • Oversee annual financial audits and coordinate with external auditors to ensure timely and accurate reporting.
  • Ensure compliance with all regulatory requirements, including IRS filings (Form 990), state grant reporting, and other financial disclosures.
  • Identify and mitigate financial risks, ensuring the organization meets all legal and ethical standards.
  • Operational & Leadership Support

  • Supervise and mentor one direct report, ensuring the finance function operates effectively.
  • Serve as a key financial advisor to the CEO on financial sustainability and resource allocation
  • ponsibilities

    Financial Strategy & Oversight

  • Serve as the organization's financial strategist, working with the CEO to develop and implement financial
  • strategies aligned with FSF's mission and long-term growth goals.

  • Assess financial risks and opportunities, making recommendations to improve financial sustainability.
  • Lead financial forecasting, budgeting, and financial planning processes to ensure the organization can meet
  • short and long-term financial obligations.

    Budgeting & Grant Compliance

  • Oversee the development and management of the annual budget, ensuring alignment with programmatic and
  • operational needs.

  • Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.
  • Provide financial reports and analysis to grantors, funders, and government agencies as required.
  • Financial Reporting & Internal Controls

  • Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.
  • Maintain strong internal controls and financial policies to safeguard the organization's assets.
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit financial regulations.
  • Manage cash flow to ensure financial stability and operational efficiency.
  • Audit & Compliance

  • Oversee annual financial audits and coordinate with external auditors to ensure timely and accurate reporting.
  • Ensure compliance with all regulatory requirements, including IRS filings (Form 990), state grant reporting, and
  • other financial disclosures.

  • Identify and mitigate financial risks, ensuring the organization meets all legal and ethical standards.
  • Operational & Leadership Support

  • Supervise and mentor one direct report, ensuring the finance function operates effectively.
  • Serve as a key financial advisor to the CEO on financial sustainability and resource allocation.CFO - Family Services Foundation
  • Key Responsibilities

    Financial Strategy & Oversight

  • Serve as the organization's financial strategist, working with the CEO to develop and implement financial
  • strategies aligned with FSF's mission and long-term growth goals.

  • Assess financial risks and opportunities, making recommendations to improve financial sustainability.
  • Lead financial forecasting, budgeting, and financial planning processes to ensure the organization can meet
  • short and long-term financial obligations.

    Budgeting & Grant Compliance

  • Oversee the development and management of the annual budget, ensuring alignment with programmatic and
  • operational needs.

  • Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.
  • Provide financial reports and analysis to grantors, funders, and government agencies as required.
  • Financial Reporting & Internal Controls

  • Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.
  • Maintain strong internal controls and financial policie
  • Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field (Master's degree or CPA preferred).
  • 10 years of progressive financial leadership experience, preferably in a nonprofit organization receiving state funding.
  • Strong knowledge of nonprofit financial management, including grant accounting and compliance.
  • Experience with financial software, accounting systems (e.g., QuickBooks, Sage, or similar), and financial reporting.
  • Familiarity with state and federal grant regulations, including Uniform Guidance (2 CFR Part 200).
  • Exceptional analytical, strategic thinking, and problem-solving skills.
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