Chief Financial Officer

4 weeks ago

Cleveland, Ohio, United States Lutheran Metropolitan Ministry Full time
Job Title

Chief Financial Officer - Strategic Leader

We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead the financial operations of our organization. This is an exciting opportunity to join a values-driven nonprofit where your leadership will have a direct impact on transforming lives.

Key Responsibilities:

  • Provide financial insights to the President & CEO and Board to develop financial strategies aligned with the organization's mission, vision, and values
  • Lead the annual budgeting process and prepare financial statements, performance analyses, and long-term forecasts to support business growth
  • Monitor financial indicators and market trends to identify risks and opportunities, adjusting strategies as needed
  • Oversee all financial operations, including accounting, budgeting, and financial analysis, while ensuring compliance with GAAP
  • Develop and implement policies to streamline workflows, improve efficiencies, and maintain regulatory compliance
  • Ensure accurate and timely financial reporting to the senior leadership and the Board of Directors
  • Optimize resource allocation, identify cost-saving opportunities, and assess program profitability to ensure financial sustainability
  • Manage cash flow forecasting, investment strategies, and debt management
  • Oversee the management of fixed assets and ensure proper capitalization policies are applied
  • Identify and mitigate financial risks, including regulatory compliance, revenue fluctuations, and external market changes
  • Work with external auditors, investment managers, and funding sources to ensure compliance and transparent reporting
  • Develop and maintain investment policies, and oversee investment performance in collaboration with the Finance Committee
  • Provide leadership to the Accounting and Information Technology departments, ensuring succession planning and staff development
  • Collaborate with senior leadership, Directors, and stakeholders to support decision-making and align financial initiatives with organizational goals
  • Act as a financial advisor to the CEO and the Board of Directors, presenting updates, forecasts, and strategic recommendations

Qualifications:

  • A strong foundation in financial leadership, with at least 8 years of high-level accounting experience and 5 years in a senior management role, preferably within a nonprofit or public accounting environment
  • Well-versed in nonprofit finance, GAAP, and regulatory compliance, and bring a keen ability to analyze complex financial data to drive strategic decision-making
  • A collaborative leader with excellent communication and team-building skills, able to influence stakeholders at all levels
  • A Master's degree and CPA certification are preferred, along with demonstrated experience in risk management, budgeting, forecasting, and optimizing resources
  • Above all, they embody high ethical standards, ensuring financial transparency, integrity, and alignment with LMM's mission to serve the community

LMM offers a number of benefits for staff including, but not limited to: medical, dental, vision, disability, life, generous paid time off and a 403(b) retirement savings plan. LMM is an Equal Opportunity Employer that values diversity in life experiences and backgrounds. LMM promotes equality for individuals of all backgrounds, including Minorities, Females, Disabled Individuals, and Veterans. LMM also maintains a drug-free workplace.

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