Chief Financial Officer
2 weeks ago
Position: Chief Financial Officer
Organization: Sankofa Community Development Corporation (CDC)
Mission: At Sankofa CDC, we prioritize health as the foundation of a flourishing community, ensuring safety, stability, and overall viability. Our commitment lies in sustainable, health-focused development aimed at revitalizing the Lower Ninth Ward through a framework of equity and justice.
Role Summary: We are in search of a dedicated financial leader with a strong commitment to our mission and impact. The Chief Financial Officer will oversee the financial operations of Sankofa CDC, ensuring efficiency and sustainability. The ideal candidate will be a proactive problem-solver, adept at identifying opportunities for workflow improvements and establishing formal procedures.
Key Responsibilities:
1. Financial Planning and Strategy:
- Oversee all financial and accounting systems, policies, and internal controls, adapting them as necessary to comply with evolving regulations and best practices.
- Establish robust finance and administrative systems to support organizational operations.
- Implement a comprehensive contracts management and financial reporting system.
2. Financial Management:
- Act as a senior finance resource, providing leadership and direction to business operations while closely monitoring the organization's financial health.
- Maintain internal controls for revenue receipt, cost allocations, and expenditures.
- Manage cash flow and forecasting, ensuring financial efficacy across program operations.
3. Reporting and Analysis:
- Prepare and present financial reports accurately and timely, communicating essential financial statements to stakeholders.
- Oversee financial reporting for all donor segments, ensuring compliance with state and federal grant requirements.
4. Grants Management:
- Ensure adherence to funder policies throughout the grant lifecycle.
- Manage grant administration workflows and assist in preparing grant reports and funding proposals.
5. Audit Coordination:
- Lead all audit activities, ensuring compliance with regulatory and legal benchmarks.
- Provide recommendations on financial operating models to the CEO and board.
6. Budgeting:
- Develop and manage the annual operating budget in collaboration with senior leadership.
- Review and monitor all budgets, providing updates on progress.
Qualifications:
- Extensive experience in nonprofit accounting and financial management.
- A minimum of a BA, with preference for an MBA/CPA or related qualification.
- At least seven years of finance and accounting management experience.
- Strong analytical skills with the ability to communicate financial concepts effectively.
- Proficient in Microsoft Excel and accounting software, including QuickBooks Online.
Schedule: Full-time position with potential for partial hybrid or remote work.
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