Careers

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