Be a part of a nonprofit organization dedicated to improving the earning potential of the local community through innovative employment initiatives that lead to economic advancement and an improved quality of life for residents. As the Chief Financial Officer, you will be responsible for managing the financial operations of the organization and its social enterprise subsidiaries, ensuring the organization's financial health and sustainability while overseeing a team of finance and HR professionals.
Responsibilities
Develop and implement financial strategies that support the organization's mission and goals
Manage and oversee all financial operations
Implement and update all accounting and financial policies and procedures to be compliant with relevant standards
Establish and monitor all reporting activities and highlight variances for the organization
Oversee the daily financial functions
Regularly prepare and present monthly financial reports and provide analysis and recommendations
Ensure compliance with all financial reporting requirements
Manage relationships with external partners
Develop and maintain systems of internal controls and risk management procedures to safeguard financial assets of the organization
Manage the annual external audit by independent auditors
Regularly review and revise the Accounting and Financial Management Handbook
Manage the annual process of reviewing and renewing the various business insurance policies
Prepare the annual budget planning and coordination with key managers and other stakeholders
Develop and monitor the organization's Cost Allocation Plan and Indirect Cost Allocation Plan
Establish sound forecasting assumptions and evaluate strategy implemented to achieve forecasts
Direct the HR Manager in the design and implementation of wage incentives, commissions, bonus' and salaries for staff
Monitor actual performance against budget and provide regular updates and analysis
Develop and maintain financial forecasting models that support long-term financial planning and decision-making
Develop and present concise financial reports to effectively communicate the financial condition and internal control status
Develop and implement financial policies and procedures that align with the organization's values and strategic goals
Represent the organization at internal and external events and meetings, providing financial guidance and support
Develop HR strategies aligned with the organization's financial goals
Monitors HR Operations and financial oversight to external providers
Provide oversight to the annual group insurance open enrollment process to ensure competitive and cost-effective benefits packages
Ensure a comprehensive and streamlined process for recruitment, onboarding, performance evaluation, compensation review, disciplinary procedures, and staffing transitions
Develop and implement appropriate systems of internal control over payroll processing
Qualifications
Certified Public Accountant certification required
5+ years of senior financial management experience in the non-profit or governmental sectors of at least $5M in annual revenues
Proven work experience as a CFO, preferably within a nonprofit organization or governmental agency
Proven leadership capability with the ability to manage and develop positive morale by recognizing and capitalizing on their staff's skills at all levels
Experience working with external auditors and compliance requirements
Previous experience leading HR processes or team
Extensive practical knowledge of accounting, financial reporting, planning, and analysis within the not-for-profit or governmental sector
Demonstrated comprehension of analyzing financial reports and recommending actions for improvements
Display the utmost level of integrity
Results oriented
Ability to work independently and meet deadlines in a fast-paced environment
Excellent attention to detail, strong analytical skills, and time management
An effective communicator, with strong oral and written skills
Remain up to date on current accounting and financial developments, regulations, and laws effecting the industry
Demonstrated critical thinking, strategic planning, and problem-solving abilities
Deep familiarity/expertise with multiple funding sources