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Senior Financial Executive

2 months ago

San Antonio, Texas, United States WorkTogether Full time
YOUR MISSION

The Chief Financial Officer (CFO) is pivotal in steering the organization towards financial stability by optimizing fund utilization, evaluating financial risks and prospects, and enhancing cost-effectiveness. This role is essential for the sustainability of the organization while overseeing finance, risk management, and payroll functions. The CFO will report directly to the Chief Executive Officer.

YOUR RESPONSIBILITIES

Strategic Leadership

  • Establish financial strategic direction and align with organizational goals across the network.
  • Define the vision, strategy, and performance metrics for fiscal management, budgeting, reporting, and auditing.
  • Ensure financial strategies are cohesive and aligned across various functions with specific timelines.
  • Articulate financial vision, strategy, priorities, and metrics to stakeholders.
  • Build, mentor, and develop financial team members professionally.
  • Set clear, data-driven short-term and long-term priorities.
  • Streamline effective systems and promote collaboration among school leaders.
  • Provide financial coaching and support to schools within the network.

Finance & Operations

  • Lead the annual planning and budgeting process for the organization.
  • Deliver data-driven financial reporting, operations, and accounting, including updated budgeting and forecasting.
  • Manage the annual auditing process.
  • Ensure compliance with financial documentation and regulatory reporting requirements.
  • Oversee bookkeeping, payroll, accounts payable/receivable, reconciliations, and monthly closing processes.
  • Collaborate with senior leaders across the network, including HR and fundraising teams.

Facilities and Asset Management

  • Supervise the financial components of facilities management.
  • Develop and monitor costs related to long-term facility planning.
  • Support growth and development needs with infrastructure and real estate considerations.
  • Ensure compliance with relevant state and local regulations.

Procurement

  • Assess capital purchasing requirements in collaboration with the CEO.
  • Review contracts and pricing for ongoing services and frequently purchased products.
  • Maintain strong vendor relationships.
  • Ensure compliance with procurement policies.

Risk Management and Internal Controls

  • Conduct risk management assessments.
  • Maintain sound fiscal policies and continuously enhance financial operations.
  • Establish and uphold robust internal controls.
  • Oversee and manage appropriate insurance policies.
  • Coordinate annual insurance audit processes.

Compliance

  • Ensure compliance systems, staffing, and tools are in place for annual and charter cycles.
  • Supervise staff managing federal and state grants.
  • Guarantee adherence to applicable laws, regulations, and organizational policies.

Collaboration and Stakeholder Engagement

● Collaborate effectively with leadership, department heads, and school principals.

● Act as a key liaison to external stakeholders.

● Engage with the community, parents, and other stakeholders to foster trust and transparency.

Partner School Financial Services

● Develop, maintain, and renew contracts with partner schools.

  • Oversee services provided to partner schools.

Finance/Business Team Development

  • Design and implement tailored professional development programs.
  • Manage and mentor finance/business managers.
  • Collaborate with the talent team for effective talent management.
  • Coach and develop teams on essential competencies.

YOU HAVE

  • A Master's degree, preferably an MBA or a master's in accounting, finance, or a related discipline.
  • 10 years of professional experience, with at least 5 years in a finance-related role.
  • Comprehensive understanding of fundamental accounting principles, particularly in nonprofit accounting.
  • Experience in preparing, overseeing, and managing substantial budgets.
  • Proven experience collaborating with lenders, funders, and consultants.
  • Knowledge of legal and ethical guidelines relevant to the position.

COMPENSATION

  • Competitive salary based on qualifications and experience, ranging from $134,000 to $194,000.
  • This position offers flexibility in location.