Chief Financial Officer

3 weeks ago

Minneapolis, United States Ampact Full time

Hybrid work in Minneapolis, MN | United States

Job Views:

25

USD Negotiable

Job Description:

Chief Financial Officer at Ampact. This latest job vacancy is located in Hybrid work in Minneapolis, MN, United States. This opening is for job seekers who have a Bachelor's Degree.

Job Responsibility:

Ampact is looking for an experienced financial leader to serve as its Chief Financial Officer.

About Ampact: Ampact is a national nonprofit that specializes in implementing and scaling evidence-based AmeriCorps programs across three focus areas: education, environment, and healthy futures. Most of the programming at Ampact is focused on education - specifically through the Reading Corps, Math Corps and Early Learning Corps programs. These programs have a 20-year track record in providing high-dosage tutoring to over 50,000 students annually and have been tested rigorously through independent evaluations. Ampact has experienced significant growth in recent years and has ambition for continued growth. Ampact has 325+ employees and 3,500+ AmeriCorps members across 10 states. Its annual operating budget is $115 million. Ampact is headquartered in Minneapolis, Minnesota with employees located in 10 states.

Position Summary: The Chief Financial Officer is responsible for all aspects of financial management and leadership including grant & funds management, accounting, regulatory and financial reporting, budget and forecast preparation. The CFO partners with executive leadership and board of directors to develop and implement strategies across the organization.

Responsibilities:
  • Develop and oversee financial strategies and activities, providing guidance and leadership in all financial matters, including defining and enforcing financial policies to ensure compliance with grant and 2 CFR 200 requirements.
  • Oversee all accounting operations including GL, grants accounting, A/P, A/R, payroll, cash flow and revenue recognition.
  • Ensure cash flow planning and availability of funds for organizational operations.
  • Provide financial planning & forecasting models to provide insight into the organization's operations and strategies.
  • Provide leadership and direction to executives, management, and staff to align the organization on financial priorities.
  • Oversee the management of financial resources to meet program expansion goals and objectives.
  • Collaborate with executive and senior leadership to achieve organizational goals.
  • Engage the board of directors' finance committee to inform financial decisions and develop financial plans and projections.
  • Document financial business processes to maintain and strengthen internal controls.
  • Coordinate the development and monitoring of budgets, financial forecasts, and report variances.
  • Oversee the preparation and distribution of accurate financial reports, including grant reporting and traditional accounting statements.
  • Develop and communicate financial metrics and reporting to executive leadership and board of directors.
  • Coordinate the timely preparation of regulatory and funder reporting.
  • Oversee annual audit processes and grant monitoring.
  • Ensure compliance with local, state, and federal government reporting requirements.
  • Develop and implement financial policies and procedures for regulatory compliance and effective financial management.
  • Stay updated on AmeriCorps regulations and best practices regarding nonprofit operations.
  • Oversee financial systems ensuring successful implementation and full utilization.
  • Manage relationships and contracts with vendors.
  • Supervise and develop finance department staff.
  • Support diversity, equity, and inclusion initiatives.
Qualifications:

Minimum Education:

  • Bachelor's degree in accounting, finance, or related discipline
  • Master's degree in business administration, Accounting or Finance
  • CPA preferred

Minimum Experience:

  • 3-5+ years of experience as a CFO or top senior financial leader in a complex, nonprofit organization.
  • 10 years of progressive accounting and financial management experience.
  • Significant experience in nonprofit accounting, including fund and grant accounting compliance.
  • Federal grant experience with understanding of OMB regulations and 2 CFR 200 preferred.
  • 5 years of staff management experience.

Physical Requirements: This position requires the ability to:

  • Travel locally and nationally as needed.
  • Communicate effectively in multiple settings.
  • Utilize existing and emerging technology.
  • Transport moderately heavy objects up to 25 pounds.

Benefits: Ampact offers an excellent benefit package including Medical, HSA, Dental, Vision, FSA, Life, Disability, PTO and 401(k).

EEOC: Ampact will not discriminate based on any protected category.

Keywords: Minneapolis jobs

Closed Date: 2024-09-16

Company Info: Ampact

Remote in Minneapolis, MN, United States

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