Chief Financial Officer for National Nonprofit Foundation
Responsible for all segments of the accounting functions for the Foundation
Rick Martin CPC
The Domar Group, Inc.
Published on LatinoLA: August 5, 2010
TITLE: Chief Financial Officer (CFO)
ORGANIZATION: National Nonprofit Foundation
STATUS: Exempt, Full-Time
Reports to President/ Chief Executive Officer
Responsible for all segments of the accounting functions for the Foundation. Responsible for accounting controls, budget, and financial reporting to satisfy informational requirements for the President/Chief Executive Officer, Board of Directors, agency management and funding agencies. Participates in upper level management activities, meetings, planning sessions as required.
As a business partner to the CEO and presidents, assess organizational performance against both the annual budget and organizations long-term strategy. Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.
Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery. Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).
Oversee long-term budgetary planning and costs management in alignment with organizations National Nonprofit's strategic plan, especially as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations.
Mentor and develop a small team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic. Guide larger, cross-divisional teams outside of direct span of control within the organizations National Nonprofit program areas.
- Supervise and develop Fiscal Services staff.
- Oversee all segments of the general accounting function, including the maintenance of general and subsidiary ledgers of the Agency, preparation of operating and financial statements, reconciliation of accounts, fixed asset control and depreciation, and accrual to meet anticipated liabilities. Responsible for maintaining accurate records of all financial activities within the agency.
- Responsible for developing methods and procedures for the preparation of overall Agency and departmental budgets.
- In conjunction with the President/Chief Executive Officer, is responsible for preparation of general Agency operating budget. Provide assistance to individual department heads in the preparation of and maintenance of departmental operational budgets, consolidating these budgets, reviewing actual performance against budgeted performance. Prepare reports for the President/ Chief Executive Officer explaining budget deviations and financial performance.
- Responsible for the computation and timely payment of all taxes and leasehold and contractual obligations.
- Responsible for all segments of the cost accounting function.
- Generate fiscal reports for all Agency department and projects as required by funding terms and conditions.
- Negotiate bank loans, lines of credit, etc., as required for cash flow.
- Prepare for annual and other fiscal audits. Act as liaison with auditors to provide them with materials necessary to complete their audits. Prepare documents, worksheets, etc., as required.
- Prepare and maintain a financial recovery plan for the Agency.
- Other duties as required.
PARTNERSHIP WITH SENIOR LEADERSHIP
- A proven track record working with the Chief executive officer and board of directors.
- Must demonstrate problem-solving skills in collaboration with senior management and BOD leadership - Competent ‘«Ű Solid accounting skills and background, nuts and bolts experience in the operations of a business and/or nonprofit, a strategic thinker with a big-picture mentality. - Committed ‘«Ű Passionate about the mission of the organization and understands the realities of the nonprofit sector. - Communicative ‘«Ű Able to speak in non-financial language, can translate and teach financial literacy, relates well to the board of directors and multiple stakeholders, and is a strong writer and communicator. - Creative ‘«Ű Flexible, thinks outside the box, figures out how to say "yes" and make things possible!
REPORTS TO: - Under the direction of the President/Chief Executive Officer. QUALIFICATIONS:
- Minimum CPA, (MBA) Masters of Business Administration, preferably in a nonprofit organization with a budget of at least $100 million.
- Five years experience in Accounting or related field, including two years in a managerial capacity.
- Non-profit experience with knowledge of public and private funding streams a plus.
- Strong accounting, managerial and leadership skills.
- Strong computer experience in accounting and spreadsheet applications required; MIP accounting software.
- Strong written and oral communication and organizational skills.
- Ability to maintain cooperative, diplomatic working relationships with co-workers, supervisors, and the public; work as part of a team and collaborate with colleagues; and complete projects under tight deadlines even when there are competing requirements and changes in assignments.
Bilingual Spanish/English Desired
Compensation and Application Materials:
The salary compensation package is highly competitive and will be commensurate with experience. Interested applicants should send a resume and a letter of interest describing your Chief Financial Officer and leadership experience to:
The Domar Group, Inc
c/o Chief Search Officer (CFO) - Search
Attn.: Rick Martin
Application deadline: Open until position filled
For more information see website:www.domargroup.com
Rick Martin CPC:
The Domar Group, Inc. is a retained executive search firm representing bilingual Spanish/English and multi-cultural diverse executives and professionals in all industries.
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