Financial Executive Officer
2 weeks ago
The Chief Financial Officer (CFO) serves as a pivotal member of the Executive Management Team, contributing significantly to the strategic leadership of the organization. This role is essential in shaping the financial direction and strategic initiatives of the organization, ensuring optimal financial performance.
The CFO will oversee all aspects of financial management, risk assessment, and asset management. Key responsibilities include:
- Formulating and executing comprehensive financial strategies to enhance the organization’s economic standing.
- Providing insightful analysis of financial reports and trends to support informed decision-making by the leadership team.
- Collaborating with various departments to foster financial health through strategic planning and analysis.
- Ensuring compliance with accounting principles and regulations while maintaining efficient operational processes.
Key Responsibilities
- Lead financial policy development to align with organizational goals and maintain fiscal integrity.
- Serve as a key liaison for the board's financial committees, ensuring effective oversight of financial practices.
- Prepare and manage the annual budget, ensuring alignment with strategic objectives.
- Implement best practices for financial management and reporting, enhancing organizational efficiency.
- Direct the management of financial records and ensure compliance with applicable laws and regulations.
- Oversee cash management and investment strategies to meet operational needs.
- Conduct audits and implement improvements to enhance internal controls and operational efficiency.
- Manage risk and data security in collaboration with senior leadership.
- Foster relationships with senior executives to promote collaboration and innovative solutions.
- Ensure the development and retention of a high-performing finance team.
Core Competencies
- Leadership
- Integrity and Professionalism
- Project Management
- Team Collaboration
- Financial Acumen
- Budget Management
Supervisory Responsibilities
This position supervises the finance and accounting teams, ensuring effective operations and team development.
Work Schedule
The role typically follows a standard Monday to Friday schedule, with flexibility required during peak periods.
Travel Requirements
Local travel may be necessary, with occasional overnight trips.
Qualifications
- Bachelor's degree required; MBA preferred. CPA certification is mandatory.
- A minimum of ten years of experience in finance and accounting, with a focus on nonprofit organizations.
- Strong knowledge of accounting principles and risk management practices.
- Excellent organizational and communication skills.
- Ability to work collaboratively in a team-oriented environment.
Commitment to Diversity
The organization is dedicated to fostering a diverse and inclusive workplace, ensuring equal opportunity for all candidates.
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