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Senior Financial Executive

2 months ago

Meadville, Pennsylvania, United States Compass Business Solutions, Inc. Full time
Position Overview

About Compass Business Solutions, Inc.
Compass Business Solutions, Inc. is a leading firm dedicated to delivering innovative financial strategies and solutions tailored to the needs of our clients. We pride ourselves on fostering a culture of excellence, collaboration, and sustainability in all our endeavors.

Opportunity
We are currently seeking a Chief Financial Officer to join our executive team. This pivotal role will report directly to the President and will be responsible for steering the financial direction of the organization, ensuring fiscal health and strategic growth.

Key Responsibilities

  1. Financial Forecasting: Develop and maintain comprehensive long-term financial forecasts for all organizational funds, ensuring accurate predictions based on both internal and external financial trends.
  2. Strategic Financial Analysis: Collaborate with department heads to conduct thorough financial analyses of ongoing and proposed initiatives, aligning them with the company’s strategic objectives.
  3. Financial Evaluation: Establish and oversee a systematic process for evaluating the financial performance of all programs and initiatives, providing insights into cost-effectiveness.
  4. Annual Budget Preparation: Lead the annual budgeting process by identifying key organizational priorities and translating them into a responsible financial plan.
  5. Endowment Fund Management: Work closely with the Institutional Advancement team to effectively manage and utilize the organization's endowment funds.
  6. Integrated Planning Procedures: Create procedures that align business and strategic planning with the annual budgeting process.
  7. External Monitoring: Stay informed on external financial developments to ensure the budgeting process reflects the most current information.
  8. Cash Flow and Investment Management: Monitor cash flow and oversee investment strategies to optimize returns while adhering to regulatory standards.
  9. Regulatory Compliance: Ensure compliance with all financial regulations and standards, managing the annual audit process effectively.
  10. Leadership and Mentoring: Provide executive coaching and mentorship to various departments, ensuring alignment with organizational goals.
  11. Board Engagement: Act as a key member of the Audit, Finance, and Investment Committees of the Board.

Qualifications

  1. A minimum of twelve years of progressive experience in finance, operations, and strategic roles.
  2. At least five years of leadership experience, preferably in higher education or non-profit sectors.
  3. A bachelor’s degree in finance, accounting, business, or a related field is required; a master’s degree is preferred.
  4. CPA or CMA certification is advantageous but not mandatory.
  5. Extensive experience in strategic planning, budget management, and financial oversight.
  6. Strong ability to interpret and apply accounting principles and regulations.
  7. Proven track record in developing and managing financial systems and policies.
  8. Exceptional communication skills for conveying financial information to diverse audiences.

Compensation
The compensation for this role is competitive and commensurate with experience, reflecting the value of the position within Compass Business Solutions, Inc.

Compass Business Solutions, Inc. is committed to fostering an inclusive environment that promotes diversity and equity. We are an Equal Opportunity Employer and do not discriminate based on any protected characteristics.