Chief Financial Officer
2 weeks ago
ABOUT THE JEWISH COMMUNITY FOUNDATION
The Jewish Community Foundation (JCF) partners with individuals, families and community organizations to help them achieve their philanthropic goals. During fiscal year 2022, JCF awarded and facilitated over $18.9 million in 3,382 grants to more than 1,150 Jewish and general organizations locally and nationally. As a leading resource for philanthropy in the region, the Foundation manages approximately $260 million in assets and has facilitated over $458 million in grants over the past 20 years. JCF is renowned for its programs and services, highlighted by receiving the Nonprofit Connect Excellence in Impact Award in 2019.
ABOUT THE CFO TRANSITION
After expertly managing the Foundation’s financial and investment accounting and tax reporting functions for over 23 years, the Foundation’s long-serving CFO, Kevin Taylor, will retire in 2024 and be involved in training the new CFO.
POSITION OVERVIEW
Reporting directly to the Executive Director, the CFO will be an integral member of the Foundation’s leadership team responsible for the administration of fiscal functions and for financial and investment accounting for the overall operation of the Foundation. The CFO assists the ED in the implementation of financial and investment policies established by the Board of Trustees. The CFO is the Foundation’s primary liaison to the Treasurer and Chairs of the Audit, Administrative, Gift Acceptance and Investment Committees. The CFO will serve as a public representative on behalf of the Foundation to support the ED and other senior staff to advance the Foundation’s mission and goals. Reporting directly to the CFO are the Grants Manager and Part-time Accountant.
SPECIFIC RESPONSIBILITIES
Accounting, Budgeting, and Fiscal Oversight
• Assume responsibility for the Foundation’s financial functions.
• Ensure strong internal controls and compliance.
• Manage the budgeting and reporting functions, including IRS required forms.
• Manage the annual audit process and make recommendations concerning improvements to internal controls and financial policies and procedures.
Human Resource Management
Other Duties
• Serve as a public representative on behalf of the Foundation to support the ED and other senior staff to advance the Foundation’s mission and goals.
• Perform additional duties as requested by the ED, Treasurer and Chairs of the Audit, Administrative, Gift Acceptance and Investment Committees.
• Review (and occasional preparation) of weekly batch of grants, ensuring proper authorizations, and accuracy of amounts, and grant purposes.
• Ensure that administrative fees and investment earning accruals and amortizations are allocated properly to all participating funds.
• Track all gifts of stocks and ensure immediate sale and subsequent general ledger posting.
PROFILE OF THE IDEAL CANDIDATE
Desired Credentials
• Minimum of a bachelor’s degree in accounting, finance, or a related field.
• 5+ years financial leadership experience at an organization(s) of comparable size, scope, and financial complexity.
• Accounting/financial certification (CPA, CMA, CFA) or advanced accounting degree is highly preferable.
• Knowledge of or exposure to community foundations, fund accounting, and/or investment and endowment management is preferable.
Skills and Experience
• Strong knowledge of GAAP and a proven ability to manage a complex organization’s accounting, finance, and administrative functions with a commitment to develop and implement sound finance and accounting principles and recommend improvements to policies, procedures, and processes, when needed.
• Experience with fund/endowment accounting policies, practices, processes, procedures, and reporting, including the proper implementation of unitization principles.
• Experience with external auditors, compliance management, and regulatory oversight and reporting.
• Strong written and verbal communication skills with the ability to convey financial information with transparency to diverse audiences with varying levels of financial acumen.
• Prior supervisory experience with the ability to motivate, empower, and maximize the potential of others while pitching in as a team player.
• Solid computer literacy, including word processing software, spreadsheets software, and automated accounting systems. (The Foundation uses Blackbaud’s FIMS Software.)
• A passion for the Foundation’s mission and a commitment to its core values of collaboration, accountability, respect, and self-reflection.
COMPENSATION AND BENEFITS
This is a full-time, salaried, exempt position with a competitive starting salary, commensurate with experience and qualifications.
The Foundation also offers a comprehensive benefits package including medical, dental, vision, 401(k), life insurance, long-term and short-term disability. Generous vacation, sick leave and holidays.
TO APPLY
Email cover letter and resume to awells@jcfkc.org by January 31, 2024. Applications may be reviewed on a rolling basis as received.
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