Frederick Part-Time CFO Opportunity

2 days ago

Frederick, Maryland, United States Asian American Center Of Frederick Full time

We are seeking a highly skilled and experienced Chief Financial Officer (CFO) to join our team at the Asian American Center of Frederick. As a part-time CFO, you will play a critical role in leading our financial strategy and management, ensuring responsible stewardship of resources, compliance with financial regulations, and alignment of the financial planning with our mission and strategic goals.

Key Responsibilities:
  • Financial Strategy and Budget Management
    • Develop and oversee the annual budget to ensure it aligns with our organization's strategic goals.
    • Analyze financial performance and project future revenue and expenses to support strategic decision-making.
    • Report to the Board of Directors on financial performance, variances, and other critical financial data.
  • Financial Reporting
    • Prepare and present timely and accurate monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements.
    • Ensure financial data is accurate, up-to-date, and accessible for audit and reporting purposes.
    • Collaborate with other departments to understand and communicate the impact of financial information.
  • Financial Controls and Compliance
    • Develop, implement, and monitor financial policies and procedures to ensure strong internal controls.
    • Ensure compliance with federal, state, and local regulations, including all nonprofit reporting requirements.
    • Monitor payroll to ensure it's accurate, up-to-date, and paid on time. Ensure compliance with local, state, and federal regulations.
    • Conduct regular reviews of financial processes and recommend improvements as needed.
  • Audit and Financial Compliance
    • Lead the annual audit process, including working with the Board of Directors on the selection of auditors and preparing necessary documentation.
    • Respond to auditor findings and recommendations to improve our financial operations.
    • Maintain compliance with regulatory standards and ensure all financial documentation is audit-ready.
  • Funds Management
    • Oversee the allocation and tracking of restricted and unrestricted funds to meet programmatic and operational needs.
    • Ensure all restricted funds are used in accordance with donor intent and regulatory guidelines.
  • Grant Management and Reporting
    • Oversee grant management processes, including budgeting, tracking, and financial reporting to funders.
    • Experience with federal grant processes and fiscal operations
    • Ensure grant funds are spent appropriately and that we meet all reporting requirements.
    • Collaborate with program staff to develop budgets for new grant proposals and monitor existing grants.
  • Team Management
    • Train and manage staff in the finance/payroll team.
    • Create any needed new job descriptions and hire for new roles.
    • Recommend necessary outside training/learning & development opportunities for staff.
    • Carry out performance evaluations and recommend promotions, staffing changes as needed.

The ideal candidate will have a Master's degree in Finance, Accounting, Business Administration, or a related field, and a minimum of 7-10 years of experience in financial management, preferably in the nonprofit sector. A CPA certification is preferred. The salary range for this position is $40-$50/hour based on education and experience. We offer flexible work from home options, paid time-off, and paid sick time.

If you are a motivated and detail-oriented individual with excellent analytical, organizational, and communication skills, we encourage you to apply for this exciting opportunity.

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