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Chief Financial Officer
4 months ago
Chief Financial Officer
GHJ Search and Staffing has partnered with a nonprofit organization in Los Angeles to identify their next Chief Financial Officer (CFO). Reporting directly to the CEO, the CFO will lead all financial operations, accounting functions, and financial reporting. This person will play a critical role in supporting the organization's mission and ensuring the effective utilization of their financial resources. The CFO will also serve as a strategic partner to the leadership team, providing guidance on financial matters and fostering a culture of diversity & education.
Key Areas of Responsibility:
Financial Management and Reporting:
- Develop and implement financial strategies, policies, and procedures to support the organization's goals and objectives.
- Monitor and manage the organization's financial resources, including budgeting, forecasting, and cash flow management.
- Prepare accurate and timely financial statements, reports, and analysis to provide insights for decision-making by the management team and the Board of Directors.
Budgeting and Financial Planning:
- Lead the annual budgeting process, working closely with department heads to develop realistic and comprehensive budgets aligned with organizational priorities.
- Provide financial analysis and guidance to support programmatic planning, fundraising initiatives, and strategic decision-making.
- Monitor budget performance, analyze variances, and collaborate with department heads to implement corrective actions as needed.
Compliance and Risk Management:
- Ensure compliance with applicable laws, regulations, and reporting requirements, including nonprofit accounting standards, tax regulations, and grant funding guidelines.
- Oversee the preparation of financial documents for audits, ensuring accurate and timely completion.
- Implement and maintain effective internal controls and risk management practices to safeguard the organization's assets.
Grant and Contract Management:
- Provide financial oversight and reporting for grant-funded programs, ensuring compliance with funding source requirements.
- Collaborate with program managers to develop budgets and financial narratives for grant proposals and ensure accurate tracking of grant expenditures.
- Monitor grant and contract compliance, reporting deadlines, and deliverables.
Strategic Financial Planning:
- Contribute to the development and implementation of the organization's long-term strategic plans, providing financial insights and analysis.
Experience and Qualifications
- Bachelor's degree; advanced degree or certification is a plus (MBA, CPA)
- 10+ years of progressive accounting/finance experience, ideally in a nonprofit/education environment
- Proven success at leading and managing professionals, including team development and efficient deployment through a practiced coaching and a people-focused management style.
- Ability to partner with CEO/President and other Board Members to drive the future direction of the organization.