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Temporary Chief Financial Officer

2 months ago

Anchorage, United States Boys & Girls Clubs of Southcentral Alaska Full time
Job DescriptionJob DescriptionDescription:

SUMMARY: The Temporary Chief Financial Officer (CFO) is responsible for managing the financial operations of Boys and Girls Clubs of Southcentral Alaska. The CFO will have a day-to-day, ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. This seasoned strategist understands current accounting practices and trends and has experience raising capital and adapting to change. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.


DUTIES AND RESPONSIBILITIES:

  • Essential duties and responsibilities include, but are not limited to the following:
  • Plan, develop, and execute the near-, short-, and long-term financial strategy of Boys & Girls Clubs of Southcentral Alaska.
  • Identify investment opportunities and additional non-donation revenue sources
  • Plans for, oversees, and executes annual fiscal audit
  • Oversee and manage the finance department and associated accounting procedures
  • Prepare and maintain a comprehensive budget by department to best manage expenses, cash flow, and the grant award spend rate.
  • Analyze organizational financial data and create models based on the analysis
  • Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting
  • Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement
  • Perform risk management through analysis of organizational liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
  • Monitor business performance with tracking tools and key performance indicators, establish corrective measures as needed, and prepare detailed reports for the Board of Director, management team, and rest of organization
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service, state attorneys general
  • Perform risk management by analyzing the organization's liabilities and investments
Requirements:

The requirements listed below are representative of the knowledge, skill and or ability required. (Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.)

  • Seven or more years of experience in executive leadership roles
  • Experience in managing annual budgets in excess of $10M
  • Excellent leadership skills, with steadfast resolve and personal integrity
  • Exceptional verbal, written, and visual communication skills
  • Understanding of advanced accounting, regulatory issues, and tax planning
  • Working knowledge of how to raise capital outside traditional lines of credit

PREFERRED QUALIFICATIONS

  • Master’s degree (or equivalent experience) in accounting, business accounting, or finance
  • Experience in non-profit accounting and fund raising
  • Professional certification (ex: Certified Public Accountant)

PHYSICAL DEMANDS

The role of the Temporary CFO involves various physical demands, while the position is primarily administrative in nature, to manage the demands effectively, the Temporary CFO will need to have robust organizational skills, resilience, and the ability to prioritize tasks effectively while maintaining physical and mental wellbeing. These demands may include:

  • Intense Work Hours: Temporary Chief Financial Officers may need to work long hours to quickly assess financial situations, implement changes, and stabilize financial operations.
  • High Stress Levels: The role comes with significant pressure to deliver results promptly. Temporary CFOs may need to handle crises or turnaround situations, which can be mentally and emotionally taxing.
  • Physical Stamina: The job might require physical stamina to maintain focus during long meetings, presentations, and while reviewing extensive financial documents.
  • Adaptability: Temporary CFOs often need to quickly adapt to new environments, teams, and corporate cultures, which can add to the overall demand of the role.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the job. If any specific physical requirements or accommodations are needed, they should be communicated in writing to the People Operations Department for consideration and implementation."


WORK ENVIRONMENT

  • A fast paced and dynamic environment requiring quick adaptation to changing business needs.
  • Collaboration with diverse teams and stakeholders, including executives, department heads, and external partners.
  • Potential exposure to high-stress situations and the need to maintain composure under pressure.
  • Opportunities for professional growth and development through challenging assignments and exposure to strategic decision-making processes.
  • Access to resources and support necessary to execute financial strategies effectively.