Chief Financial Officer
4 weeks ago
The Chief Financial Officer at Community Passageways will lead the organization's financial stewardship, policy development, and reporting. This pivotal role is responsible for managing financial operations, enhancing financial health, ensuring compliance with laws and regulations, and facilitating communication with internal and external stakeholders.
This position is critical in aligning the organization's financial strategy with its mission and goals, making it a challenging and impactful role. The ideal candidate will champion our financial integrity and mission impact in every decision.
Key Responsibilities
- Oversee the finance team's operations, setting and achieving strategic financial objectives that align with the organization's mission.
- Develop, implement, and monitor financial policies and procedures to ensure organizational integrity and compliance with federal, state, and local regulations.
- Provide accessible financial reporting to the board, executive team, and other staff. Oversee the preparation of financial statements, tax filings (including 990s), and management reports, ensuring accuracy and transparency.
- Lead the budgeting process, supporting department heads in financial planning and monitoring budget adherence to ensure fiscal responsibility.
- Coordinate and oversee annual external audits, acting as a primary liaison with auditors to ensure a smooth and efficient process.
- Manage organizational cash flow, overseeing accounts payable, receivable, and ensuring effective treasury management for an annual revenue of approximately $10-$15 million.
- Engage with funders, financial institutions, and partners to maintain and develop relationships, ensuring financial commitments are met and opportunities for collaboration are maximized.
- Identify financial risks and develop strategies to mitigate these risks, safeguarding the organization's assets and financial future.
- Supervise and mentor finance team staff and contractors, fostering a culture of continuous improvement, collaboration, and professional development.
Requirements
- 5+ years of experience in financial management, preferably in a nonprofit setting, with a demonstrated ability to manage finances in excess of $7 million annually, including significant experience with local, state, and federal government grants.
- A bachelor's degree in accounting, finance, or a related field and a CPA or relevant advanced degree are preferred.
- In-depth knowledge of GAAP and experience with fund accounting, with a proven track record in strategic financial planning, risk management, and compliance.
- Proficiency in MIP financial management software and technology, with experience in systems integration and managing transitions or upgrades effectively.
- Strong leadership and team development skills, with an ability to mentor staff, enhance team capabilities, and foster a positive and productive work environment.
- Exceptional communication skills, capable of making financial information accessible to various stakeholders and engaging with external partners and funders effectively.
- Commitment to social justice, with a deep understanding of the systems of oppression affecting communities of color and a dedication to promoting equity and inclusion.
Benefits
- Hybrid position
- 401k
- Aetna Health Insurance
- Aetna Dental
- Aetna Vision
- Flexible Spending Account
- Short-Term and Long Term Disability
- Voluntary Insurance
- 100k employer-paid life insurance
- Employee Assistance Program
- Employee Discount Program
- Fin Fit- Financial literacy services
- Met-life Legal Plans
- Generous PTO and Sick leave
- Professional Development Opportunities
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