Chief Financial Officer
New York City, NY, USA | Leading Non-Profit / Social Enterprise Company
Industry:Non-Profit / Social Enterprise
Functions:Accounting / Control
Job Description:108 people have viewed this job
As part of the executive team, they will be called on to provide insight and recommendations to the ED concerning the financial well-being and growth of Center for Safety & Change. They must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace. The Chief Financial Officer must develop a strong comprehension of the mission of the agency in order to link daily activities of the finance department to the mission.
Center for Safety & Change is a not for profit, equal opportunity employer committed to a diverse, culturally sensitive work environment and prohibits discrimination due to race, color, age, religion, sex, sexual orientation, gender and identity and disability. All are encouraged to apply.
DUTIES & RESPONSIBILTIES
·Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
·Coordinate and lead the annual audit process, liaise with external auditors and the Finance Committee of the Board of Directors; assess any changes necessary.
·Oversee and lead annual budgeting and planning process in conjunction with the ED; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
·Prepare all budget modifications to funders in conjunction with the ED.
·Oversee the capital structure of the agency and strategic planning, and execute appropriate financial initiatives in regard to the day-to-day operation of Center for Safety & Change
·Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances, acquisitions and/or mergers and pension funds and investments.
·Manage organizational cash flow and forecasting. Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
·Handle general accounting and finance duties, such as bank and cash reconciliations; assist with year-end closing and GL reconciliations.
·Prepare Monthly Report to present to and at the Board Finance Committee meetings.
·Monitor and recommend employee benefit plans and insurance policies; monitor all contracts; approve and pay expenditures; and oversee the staff payroll, salary budgets.
·Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
·Implement a robust contracts management and financial management/reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements. Be an advisor, from the financial perspective, on any contracts into which the agency may enter.
·Update and implement all necessary business policies and accounting practices; improve the Finance Department’s overall policy and procedures manual.
·Effectively communicate and present the critical financial matters to the Board of Directors.
·Evaluate the Finance Department structure and team plan for continual improvement of the efficiency and effectiveness of the group, as well as provide individuals with professional and personal growth, where possible.
QUALIFICATIONS FOR THE POSITION:
Ideal candidate is a leader and team player with a passion for the organization’s mission. A successful candidate for this position should have:
·Bachelor’s Degree in accounting, finance or related discipline, or 10 to 15 years of related experience and/or training, or equivalent combination of education and experience required; CPA and/or MBA strongly preferred.
·Five to seven years financial experience in a complex non-profit with multiple funding sources and a budget of at least $2.5 million preferred.
·A working knowledge of finance and accounting in accordance with GAAP; knowledge of third party reimbursement mechanisms and pass-through funding a plus.
·Experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area.
·Demonstrated ability to juggle multiple priorities and prioritize workload effectively.
·A track record in grants management.
·Ability to translate financial concepts to – and to effectively collaborate with -- programmatic and fundraising colleagues who do not necessarily have finance backgrounds.
·A successful track record in setting priorities; keen analytical, organizational and problem solving skills which support and enable sound decision making.
·Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.
·Knowledge of accounting systems required.
·Experience working with diverse populations and an understanding of cultural differences.
·Understanding of and a willingness to work from a feminist philosophy of empowerment and support the Center’s mission.
·A strong commitment to ending violence against women and children; a commitment to social change through actively working toward ending racism, classism, sexism, ageism, homophobia, ableism, and all forms of oppression; demonstrated willingness to gain understanding of issues of oppression, battering and sexual assault.
·While largely a sedentary role, some filing is required. This requires the ability to lift files and file boxes, open filing cabinets and bend or stand as necessary.
·A valid driver’s license and reliable, insured transportation is required.