What are the responsibilities and job description for the Chief Financial Officer position at The Summit Church?
WHAT IS THE JOB?
The Chief Financial Officer is
responsible for planning, implementing, and managing all financial-related activities of the church. This will include (but not be limited to) direct responsibility for banking activities, accounting, finance, forecasting, strategic planning, purchasing, investments, and compliance. The CFO will ensure the financial integrity of the church. Our CFO will play a major role in helping to continue our vision forward into the future.
RESPONSIBILITIES and OUTCOMES
Leadership
Collaborate with the Executive Team on operational and strategic issues and provide recommendations based on financial analysis and projections.
Create and establish yearly financial objectives that align with the church’s plan for growth and expansion including budget preparation, review of processes and protocols and ensure alignment with church goals and priorities.
Recruit, interview, hire, and lead finance and accounting staff as required.
Manage communication and reporting related to mutual fund investments and designated funds.
Provide oversight for all closing activities; prepare and communicate monthly, quarterly, and annual financial statements for the Lead Pastor and Executive Team; present reports at Church Council meetings and as requested by the Lead Pastor.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Work with church leadership to develop and implement fund raising strategies and initiatives.
Promote a culture of stewardship and generosity with the church community.
Management
Serve as a key point of contact for external auditors; manage preparation and support of all external audits.
Monitor financial performance against budget and peer data, providing insights and recommendations for improvement.
Analyze financial data to identify trends and opportunities for financial sustainability.
Maintain and update as needed all Insurance and / or Liability Policies for the church under the direction of the Lead Pastor and Church Council.
Assist with HR support procedures, including employee onboarding / off-boarding, benefits and workers compensation, employee files, paid time-off, retirement, and background checks.
Ensure compliance with all financial regulations and standards within the church and the broader community.
Processes
Annually review all finance-related procedures, processes, and administration, recommending improvements to the systems in place and managing systems.
Ensure legal and regulatory compliance regarding all financial functions.
Document Finance Procedures and maintain templates.
Serve as Signatory and as Church Representative in regards to all banking matters.
Other duties as assigned.
WHAT WILL YOU BRING?
Education & Experience
Bachelor’s degree and significant / relevant experience working in finance, required
5 years of professional experience preferred
Demonstrated experience at an executive level in financial management, accounting, and operations development, with some experience ideally in the nonprofit sector
Knowledge, Skills, and Abilities
Competency in financial accounting software
Proficiency and expertise using cloud-based technology
Demonstrated ability to execute strategic operations
Personal Characteristics & Qualifications
Strong Christian character and competence. An understanding and appreciation of the importance of good stewardship and its related theology
A strong desire to continually grow and stay up-to-date on accounting rules / regulations, financial trends, systems, and processes, particularly in a church setting
WORK PERKS
When you join The Summit team, our prayer is that your skills will be sharpened, your leadership will grow and your faith will be deeper. And while the biggest perk to working at The Summit is doing work that makes an eternal difference, you’ll find that’s not the only benefit we offer :
Flexible work arrangements
Generous and immediate paid time-off
Medical, dental, and vision coverage
Employer 403(b) contribution match
Casual dress code
Professional development funds
A collaborative work environment
Paid leave of up to a week to fulfill missions in the community and beyond
And so much more!
ABOUT US
Our mission is to help people Follow Jesus and Find Life. Our core values are :
Jesus First
The Bible Guides
People Need People
The Future is Everything
Give Generously
Contribute More Than You Consume
The Summit is building a church that is FOR the community. We are looking for new ways for our community to connect with things happening both inside and outside the church. We want to work alongside people like you– dreamers, innovators, and deeply committed Christ followers– to create new avenues for people to deepen their intimacy with God.
