Careers

The Institute is hiring!

All interested applicants should send a cover letter and resume to admin@theinstitutenc.org.  Postings will remain open until positions are filled.

Chief Financial Officer

CHIEF FINANCIAL OFFICER

Position Summary

This position is responsible for the management of the financial resources and the overall financial well-being of the organization, its programs and subsidiaries.  

Position Description of Responsibilities    

The CFO position assumes the following tasks and responsibilities:

  • Oversees all aspects of the organization’s financial operations;
  • Actively manages the day to day accounting and financial operations of the agency. 
  • Develops budgets for the agency as a whole, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed.
  • Prepares all financial reports in a timely and accurate manner; makes recommendations to the President & CEO, staff and board on all financial matters relevant to the successful operations of the organization.
  • Oversees the agency’s banking and investment activities and actively manages cash flow to ensure it meets agency needs.
  • Makes recommendations to strengthen the organizations internal financial controls and reporting processes.
  • Maintains accurate financial records in accordance with GAAP standards with appropriate supporting documentation.
  • Assures staff adherence to agency fiscal policies and procedures, as well as financial work plans.
  • Works closely with the organization’s Board Treasurer, the audit committee and the executive committee, reports quarterly to the full Board of Directors or as required by the President & CEO. Report on financial results and issues to the President & CEO and Board of Directors.
  • Serves as agency’s primary liaison with its independent Auditor to ensure that annual audit is completed smoothly, successfully and in a timely manner.
  • Works closely with HR Coordinator on all employee benefits issues.
  • Track important KPIs and analyze trends.
  • Meets regularly with the President & CEO and Chief Operations Officer to discuss the financial health of the organization.
  • Works with management and staff to coordinate required financial and program reporting to the agency’s funding sources.

Position Qualifications

  • Proven experience as a CFO, preferably with a non-profit organization
  • Bachelor’s degree in Business Administration or Accounting required, CPA preferred
  • Five to ten years of experience in non-profit accounting or directly related to the duties and responsibilities of a CFO
  • Demonstrated non-profit financial management experience
  • Demonstrated experience managing a capital campaign
  • Ability to explain financial terms in simple language
  • Knowledge and experience managing the finances of a Community Development Financial Institution preferred
  • Excellent computer skills with competencies in Excel, Not-for-Profit Accounting Software (i.e. SAP and Blackbaud) and MS Word software applications essential