Chief Financial Officer
Chicago, IL, USA | Alzheimer's Association - National Capital Area Chapter
Industry:Non-Profit / Social Enterprise
Functions:Accounting / Control
Job Description:80 people have viewed this job
The CFO reports to the President and CEO, periodically, to the Board of Directors. The CFO will direct the financial operations of the organization as well as oversee staff responsible for producing annual tax and other compliance documents and reports. The CFO serves as an internal consultant to the CEO, Board and other key stakeholders on all financial matters.
Essential Job Functions:
The CFO will:
- Provide oversight for and manage all budgets, forecasts and internal financial plans and processes;
- Develop and manage financial practices, accounting procedures, and internal controls to ensure that budgets are maintained and the appropriate documentation exists.
- Ensures compliance with state, local and federal government regulations and that all other legal compliance requirements are met;
- Support accounting, general ledger and operations functions, ensuring that systems are in place to guarantee timeliness and accuracy;
- Drive best financial practices by publicizing standard operating procedures, keeping the senior leadership team, Board and staff up-to-date on financial status and by generally serving as a point of reference for all plans and projects;
- Explore and suggest ways to invest its reserves and resources to generate passive income;
- Review short and long-term goals in light of existing and projected financial resources available;
- Create data-based long and short term goals, budgets and forecasts;
- Participate in all internal planning regarding proposed program expansion, to ensure alignment of program, outreach and training plans with financial projections;
- Establish annual priorities and benchmarks and conduct regular reporting, measuring projections against actual performance;
- Generate weekly, monthly, quarterly and annual reports as needed to monitor, evaluate and optimize cash-flow and liquidity;
- Build relationships with banks, donors, vendors, outside consultants and others as needed to monitor major expenditures and sources of revenue;
- Utilize technology to optimize all reporting and analytical functions;
- Keep up with new trends in the financial industry by attending conferences, participating in professional development and sharing this information with the senior leadership team; and
- Build a top-tier internal finance team by actively recruiting, training and developing talented accountants, analysts, consultants, tax planners and other staff, as needed.
- Foster a success-oriented, accountable environment within the association.
- Foster positive relationships with the Audit and Finance Committees of the Board of Directors.
- MBA or Master’s degree in Finance required, CPA a plus.
- Seven to ten years experience in a senior financial management role including strategic planning, maintaining fiscal controls, and improving overall performance and accountability in a non-profit setting.
- Experience at integrating IT/Systems to improve accounting productivity and accuracy
- Experience at working with external auditors, compliance and regulatory oversight
- Commitment to results; 'can-do" mindset; outstanding problem-solving ability
- Experience at change leadership and change management
- Strong motivational and staff leadership abilities
- Excellent analytical, communication and presentation skills
- Integrity, personal sense of accountability
- Experience with expense budget responsibility of at least $150 million preferably in the non-profit sector.
- Superior organizational development and leadership experience.
- Proven management skills including designing business controls, measuring performance, and ensuring accountability that support the overall business objectives and goals.
- Demonstrated ability to lead and manage staff and obtain results.
- Excellent interpersonal, verbal and written communication skills.
- Superior organizational and analytical skills, with the ability to assess complex situations and use creativity for problem resolution strategically and functionally.
- Skill in budget preparation and fiscal management.
- Ability to plan, develop and coordinate multiple projects.
- Ability to travel
- Ability to communicate effectively with all levels of staff and board, nationally and locally.
- Attentiveness to detail
Already a member? Sign In