What are the responsibilities and job description for the Chief Financial Officer position at Thomas Edwards Group?
9980 CFIO - Non-profit (In office, Fort worth)
Overview
The Chief Finance & Information Officer (CFIO) is the executive leader responsible for managing the financial actions and information systems. The CFIO is responsible for tracking cash flow and financial planning, analyzing strengths and weaknesses, and implementing improvement procedures within the finances and technology, overseeing all aspects of financial and information systems success. The CFIO oversees finance, information and reporting systems that support operational and regulatory compliance requirements.
Essential Responsibilities
- Provide executive leadership, direction and management to the finance and information technology teams.
- Responsible for leading and driving results of the food bank’s Capital Expenditure committee.
- Develop financial strategies by forecasting capital, identifying monetary resources. Oversees treasury functions, including forecasting cash needs and cash available, managing cash and bank accounts, investing surplus cash, and arranging and administering loans and lines of credit subject to necessary approvals when necessary.
- Assess and improve the financial and information technology systems strength of the organization; provide analysis and reports to the President and CEO.
- Oversee risk management, including arranging, administering sufficient insurance, and advising the organization regarding other potential liabilities.
- In partnership with the leadership team, develop and implement operating and capital budgets, and report performance relative to budgets. Monitor and oversee the financial performance of the organization, including budgeting, reporting, and auditing, ensuring that the company’s financial reports comply with regulations and laws.
- Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state, and other required supplementary schedules and information.
- Review all formal finance and information management systems, controls and related policies and procedures. Provide executive oversight of the food bank’s entire financial and technology management system infrastructure. Communicate needs, goals, and decisions to related stakeholders.
- Ensure that the organization meets or exceeds all regulatory and legal requirements; flag any serious concerns to the CEO.
- Develop and implement operational strategies by evaluating trends and establishing critical metrics and reports.
- Establishes long-term needs and plans and develops strategies for developing systems and acquiring software and hardware necessary to meet those needs.
- Exemplify Client Core Values of Lead, Care, Innovate and Respect.
Additional Duties
Job Qualifications
Bachelor’s degree required; MBA / CPA preferred
Thorough understanding of accounting, information technology and related systems.
At least 10 - 15 years of broad financial and information technology systems management experience, with 8-10 years serving in a supervisory role; excellent managerial skills, strong leadership presence.
Recruit and manage Finance team and IT teams. Promote a culture of high performance and continuous improvement that values learning and a commitment to quality. Mentor and develop staff using Predictive Index and a supportive and collaborative approach. Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, and conduct annual performance appraisals within the framework of Rockefeller Habits.
Expert level in Microsoft Office Suite, highly proficient with accounting software or related software.
Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with various internal and external stakeholders.
Knowledge of accounting principles and practices; ability to translate financial concepts and effectively collaborate with programmatic and fundraising colleagues without finance backgrounds; ability to organize work and set priorities to meet deadlines; high degree of accuracy and attention to detail; ability to work with financial records in a confidential and professional manner.