Job Description

The ideal candidate will be responsible for financial strategy, financial planning and analysis, financial reports, company audits, compliance, and bank relationships. They will collaborate with the CEO and the executive team to make decisions regarding company's financial strategy and operations. The candidate will possess a strong background in finance and management.

KEY RESPONSIBILITIES:

Leadership:

• Establish and implement financial policies and procedures, ensuring compliance with GAAP.
• Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
• Collaborate with senior management and advise the CEO and Finance Committee on financial matters and strategic initiatives.

Strategic Financial Planning & Analysis:

• Develop and execute financial strategies aligned with company mission and goals.
• Lead the annual budgeting process, including revenue forecasting and expense management.
• Analyze financial performance and present insights to the CEO and Board of Directors.
• Conduct financial modeling and scenario analysis for strategic projects and initiatives.
• Develop performance indicators and measurement systems for tracking strategic plan objectives.

Financial Operations Management:

• Oversee accounting, tax planning, treasury management, and internal controls to ensure compliance and financial stability.
• Manage cash flow, investments, and financing activities.
• Identify opportunities for improved financial operations and work with external CPA firms to prepare and review 990 schedules and annual reports of audit findings.
• Maintain good working relationships with auditors, bankers, investment counselors, attorneys, and other professional advisors.
• Oversee the operations of the accounting/finance, billing, and payroll departments.
• Prepare and submit New Market Tax Credit compliance reports and manage quarterly draws.
• Ensure timely insurance policy renewal with sufficient coverage to manage the organization’s risk exposure.

Operational and Resource Management:

• Monitor monthly financial operations, prepare analyses and reports, and provide guidance to staff.
• Assist operations with finance strategies and critical measurements.
• Develop and oversee internal control systems and performance indicators.
• Manage assets and investments, including real property, equities, fixed-income securities, and other assets, ensuring strategic allocation of resources.
• Develop and maintain a system for cash management, including short and long-term projection, collection, and distribution of cash.
• Work directly with assigned committee(s) of the board (Finance, Insurance, Investment, Audit) to build volunteer relationships, develop policies, monitor their implementation, and meet the related needs of the board.

Financial and Budget Management:

• Oversee the development and management of the annual operating budget.
• Collaborate with HR to budget and administer employee benefit programs.
• Maintain records and ensure timely transaction reporting.
• Support fundraising efforts and represent company at meetings and conferences.
• Ensure compliance with accounting standards and legal requirements.
• Manage investments and oversee financial reporting to government agencies.
• Work with the CEO and board members to recognize and develop relationships to advance company.

Regulatory Compliance & Risk Management:

• Ensure compliance with all relevant laws, regulations, and GAAP.
• Identify and mitigate financial risks through effective risk management strategies.
• Oversee annual audits and maintain financial records.

Technology and Systems:

• Implement efficient financial systems and software to streamline processes and enhance data accuracy.
• Oversee Director of Technology and manage the relationship with an outsourced Managed Service Provider (MSP).
• In collaboration with IT Director, set strategic vision for and lead the IT project initiatives to establish internal controls around IT infrastructure. Select and oversee training sessions to bring all staff up to date with cybersecurity attacks and preventative controls.
• Regularly assess IT equipment and system upgrades as required.
• Oversee work performed by outsourced IT consultants to ensure user tickets are addressed timely.

QUALIFICATION REQUIREMENTS (Knowledge, Education, Experience & Skills)

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field or a combination of education and relevant experience in a similar role. CPA certification is a plus.
• Minimum of 10 years of progressively responsible financial management experience.
• At least five years in a senior financial leadership role, preferably within a non-profit organization.
• Thorough knowledge of accounting principles, financial regulations, and compliance standards.
• Strong financial acumen and analytical skills to navigate complex financial challenges and opportunities.
• Proficiency in financial systems, ERP software, and data analytics tools.
• Intermediate to advanced proficiency in Microsoft Excel.
• Demonstrated ability to lead, direct, and coordinate operations in personnel supervision, recruitment and retention, facilities management, and budget management.
• Proven track record of strategic planning, financial leadership, and driving financial performance.
• Excellent communication skills, both verbal and written, to interact effectively with stakeholders at all levels, including staff, Board members, volunteers, and external agencies.
• Strong presentation and interpersonal skills to collaborate with cross-functional teams and executives.
• Strong organizational, analytical, and problem-solving skills.
• Ability to handle multiple priorities and meet tight deadlines in a dynamic business environment.
• Strategic thinking and a forward-looking approach to financial management.
• Highly motivated self-starter capable of being a strategic business partner to the CEO and other senior leaders.

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