Chief Financial Officer

22 hours ago

Portland OR United States Gilder Search Group Full time
Nonprofit Professionals Now (Friends of the Children - Portland) - Portland, OR, United States

Status: Full time, Exempt

Organization Overview

Friends of the Children- Portland is a non-profit that is breaking the cycle of generational poverty by giving youth facing the most obstacles the ability to create a new story. We do this by providing youth in our program with a long-term, salaried, professional mentor, who we call a "Friend," from kindergarten through high school graduation, 12 ½ years – no matter what . Friends of the Children-Portland has been recognized in the Portland Business Journal as the Most Admired Nonprofit in Oregon for the past seven years. We are currently seeking an extraordinary professional to join our Executive Leadership Team.

Position Summary

Friends of the Children-Portland is seeking a Chief Financial Officer (CFO) to oversee the organization’s financial health, operational efficiency, and growth. The CFO will bring strategic financial leadership to our organization, which supports youth through long-term, salaried professional mentorship. As a member of the Executive Leadership Team, the CFO will lead financial planning, management, and oversight for Friends of the Children-Portland, including its $9.3 million budget and assets, Portland Friends Foundation, and partnerships with the national office. This role includes managing a talented finance team and overseeing operations, IT, facilities, and risk management in a dynamic, recently unionized environment.

Key Qualities for Success

To excel in this role, the Chief Financial Officer brings:

  • Leadership in Nonprofit Finance : Proven expertise in nonprofit finance leadership, including guiding operational management, financial governance, and compliance.
  • Strategic Financial Planning : Experience in strategic financial planning at an organizational level, coordinating effectively with local and national partners to maximize resources.
  • Coalition-Building Across Stakeholders : Aptitude for building strong, trust-based relationships with diverse stakeholders, including board members, funders, staff, and community partners.
  • Team Leadership & Development : Demonstrated ability to lead a diverse finance and operations team, creating a culture of mutual accountability, support, and continuous improvement.
  • Commitment to Equity & Inclusion : Dedicated to advancing equity through inclusive financial practices and policies.

Essential Duties and Responsibilities

  • Direct all financial activities, including accounting, financial reporting, forecasting, and audit preparation.
  • Oversee the preparation and presentation of financial reports, balance sheets, donor and grant reporting, investment summaries, and other relevant documentation.
  • Ensure compliance with GAAP and nonprofit-specific accounting standards.
  • Collaborate with the Executive Director and Executive Leadership Team to set priorities, allocate resources, and support organizational goals.
  • Supervise and support finance team members, ensuring effective day-to-day operations.
  • Implement and maintain internal controls, ensuring compliance with relevant laws and standards.

Skills and Experience

  • MBA, CPA, or related advanced degree preferred.
  • Minimum of 7-10 years of experience in financial management, with at least 2-3 years in nonprofit finance.
  • Proven experience managing complex budgets, restricted funds, and endowments in a nonprofit environment.
  • Strong leadership, analytical, and problem-solving skills.
  • High emotional intelligence and strong interpersonal skills.
  • Experience managing unionized employees and navigating a unionized environment.
  • Strategic thinker with a hands-on approach to solving operational challenges.
  • Commitment to the mission of Friends of the Children and familiarity with nonprofit finance practices.

Core Work Hours/Environment
Friends of the Children-Portland operates in a hybrid work environment. Leadership Team members generally work 3-days per week in the Portland office and may work remotely the remainder of the week. Occasional travel within the Portland Metro area may be required.

Benefits: Friends of the Children-Portland provides a competitive benefits package, including health, dental, and vision coverage, a retirement plan with employer contributions, generous paid time off, and hybrid work flexibility.

How to Apply

Nonprofit Professionals Now is supporting Friends of the Children-Portland in filling this essential leadership role. To apply, please submit a resume and cover letter outlining your experience and interest in the CFO position.

Friends of the Children-Portland is an equal opportunity employer, committed to fostering an inclusive and diverse workplace. We encourage applications from individuals of all backgrounds and experiences.

Compensation: $125,000

Posted: Friday, November 8, 2024
Job #: 241

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