Chief Financial Officer
2 weeks ago
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Location: Washington, DC
ABOUT US:
Our client is a dynamic and influential labor union based in Washington, DC, committed to advocating for the rights and well-being of our diverse membership. With a rich history of championing workers' rights, we are seeking a highly skilled and strategic Chief Financial Officer (CFO) to join our leadership team and drive the financial success of our organization.
JOB SUMMARY:
The Chief Financial Officer (CFO) will play a pivotal role in overseeing and managing the financial health of the organization. Reporting directly to the General President and General Secretary Treasurer, the CFO will be responsible for developing and implementing financial strategies, ensuring compliance with financial regulations, and providing leadership in all matters related to finance, accounting, and budgeting.
KEY RESPONSIBILITIES:
Financial Strategy and Planning:
Develop and execute financial strategies aligned with the union's goals and objectives.
Collaborate with the executive team to create and monitor annual budgets, ensuring financial stability and sustainability.
Financial Reporting and Analysis:
Prepare and present accurate and timely financial reports to the General President, Executive Board, and relevant committees.
Conduct in-depth financial analysis to support decision-making and strategic planning.
Compliance and Risk Management:
Ensure compliance with local, state, and federal financial regulations and reporting requirements.
Implement and oversee internal controls to mitigate financial risks.
Treasury Management:
Manage cash flow, investments, and banking relationships to optimize financial resources.
Monitor and manage union assets to maximize returns and minimize risks.
Budget Oversight:
Work closely with department heads to develop departmental budgets and monitor adherence to budgetary guidelines.
Provide guidance on budgetary decisions to ensure financial objectives are met.
Audit Coordination:
Coordinate annual financial audits and work with external auditors to ensure accurate and transparent financial statements.
Implement recommendations from audits to enhance financial controls and procedures.
TEAM LEADERSHIP:
Lead and develop the finance team, fostering a culture of collaboration, excellence, and continuous improvement.
Provide training and mentorship to staff members within the finance department.
QUALIFICATIONS:
Bachelor's degree in finance, accounting, or a related field; Master's degree or CPA preferred.
Proven experience as a CFO or in a senior financial leadership role, preferably within a labor union or a similar advocacy organization.
Strong knowledge of financial regulations, compliance, and reporting requirements.
Excellent analytical and problem-solving skills, with the ability to provide strategic financial guidance.
Effective communication skills and the ability to present complex financial information to diverse audiences.
Demonstrated leadership and management experience, with a commitment to fostering a positive and collaborative team culture.
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