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Chief Financial Officer

Philadelphia, PA, USA | Leading Non-Profit / Social Enterprise Company

  • Industry:
    Non-Profit / Social Enterprise
  • Position Type:
    Full-Time
  • Functions:
    Accounting / Control
    Finance (Internal)
    General Management
  • Experience:
    10-12 years
Job Description:
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The Chief Financial Officer (CFO) plays a key role on the Executive Management team and actively participates in strategic planning for SIA. Reporting to the Executive Director & CEO, the CFO will set the financial policy and operational direction to support the organization’s strategic plan. S/he will provide leadership, management, and vision necessary to ensure SIA has appropriate operational controls, administrative and reporting procedures, and systems in place to effectively grow. S/he ensures financial strength and operating efficiency through the management of the finance and accounting, human resources, operations, and legal functions of the organization. A total staff of four report to the CFO.


The CFO will have demonstrable skills in leadership, communication, mentoring, empowerment and resource management. S/he also supports the organization’s mission, vision and values by exhibiting the following behaviors: excellence and competence, collaboration, innovation, respect, commitment to community and accountability and ownership. 


KEY RESPONSIBILITIES:


Finance


·Provides advice and counsel to ED&CEO and Board of Directors for all fiduciary matters.


·Plans, implements, and directs fiscal function and performance. Maintains sound financial policies and internal controls.


·Provides monthly/quarterly financial statements and analysis to staff and Board.


·Directs the finance staff and operations; has primary signature authority for checks, check requests, purchase orders, expense reports, payroll disbursements and petty cash.


·Leads the annual budget development process including timely and accurate analysis of actual activity to budget; financial reports and trends; and comparative analysis to other organizations. Ensures alignment with strategic plan. 


·Collaborates with investment and bank personnel to optimize investments and ensure compliance with SIA’s investment policies.


·Oversees cash management including monitoring bank deposits, reviewing bank and investment statements, handling currency transfers and forward contracts, and sustaining positive cash flow to cover operating needs. Invests excess funds into investment vehicles.


·Serves as staff liaison to the Finance Committee of the Board of Directors and supports the Secretary/Treasurer in their role as Finance Committee Chair.


·Directs annual audit and ensures preparation of audit work papers, final audited financial statements, annual IRS form 990, state filings and other required reports.


·Supports regions and clubs in fiduciary issues.


·Oversees all financial activity at conventions and other meetings.


·Ensures financial processes are efficient and internal controls are established and followed.


Operations


·Oversees day-to-day management of the headquarters operation.


·Provides consistent vendor management for product sourcing, manufacturing, marketing, fulfillment, service and analysis.


·Coordinates sales activity at conventions.


·Negotiates and manages all building related vendor services and contracts.


Legal and Business Insurance


·Maintains broker relationships and legal support to ensure sound risk management.


·Oversees headquarters and club/member insurance programs ensuring adequate coverage.


·Ensures SIA Retirement Plan complies with Board policies and all federal regulations.


·With ED&CEO, reviews and approves all contracts.


Human Resource Support


·Administers benefit programs ensuring they are cost effective, competitive, and legally compliant. 


·Coordinates recruiting, hiring and orientation of all staff. Maintains current job descriptions and personnel files for all employees.


·Establishes compensation policy and procedures. Oversees Performance Management Compensation Process.


·Administers insurance coverage for employees, BOD, and headquarters operations.


·Creates and maintains policies and procedures related to personnel, office administration, purchasing, facilities management, safety and security. Maintains Personnel Handbook.


QUALIFICATIONS/SKILLS/ATTRIBUTES:


Required


·Masters’ Degree in Business Administration or CPA.


·Ten (10) years’ finance/accounting experience.


·Eight years (8) of supervisory experience.


·Able to positively and productively manage at strategic and operational levels.


·Superior leadership skills with a demonstrated ability to make strategic financial recommendations to meet the overall goals and objectives of the organization.


·Superior critical thinking and analytical skills.


·Strong and effective written and oral communication skills.


·Excellent interpersonal skills.


·Superior skills in Excel, database, financial software and Microsoft Office.


·Ability to keep up with and leverage new technologies that impact the organization.


·Ability to work with a high degree of independence and initiative.


·Ability to produce high-quality work in a fast-paced, high-performing environment.


·Ability to travel domestically and internationally, as needed.


·High energy and passion for the Soroptimist mission.


Preferred


·Experience working for an international organization with culturally diverse constituents.


·Experienced in global finance operations and revenue streams.


·Experience with donor contributions and acknowledgements.


·Experience overseeing or administering HR policy, compensation and programs.


·Familiarity with iMIS database or other association management software and SQL report writing.


·Non-profit experience.


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