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Chief Financial Officer

West Palm Beach, FL, USA | Non Profit Organization

  • Industry:
    Non-Profit / Social Enterprise
  • Position Type:
  • Functions:
    Accounting / Control
    Finance (Internal)
    General Management
  • Experience:
    5-7 years
    7-10 years
Job Description:
94 people have viewed this job

Due to the growth of the agency, we are expanding our fiscal leadership and are seeking a stellar individual to lead the finance team. As the Chief Financial Officer (CFO), you will lead a team of five, providing oversight, guidance, and detailed level engagement to ensure fiscal integrity throughout the agency. Although this role must be able to provide strategic guidance and input, this position must equally be able to assist the Controller and understand the agency budgets at the most detailed level.

The ideal candidate must have a proven record of professional growth as a financial leader and possess the experience as a CFO and/or ability and desire to grow into the role. Qualified individuals in a leading finance role (Controller, Director of Finance, CFO), with a strong desire to make an impact, are encouraged to apply.

We are seeking a candidate with 5–10 years of progressive financial experience, preferably with a nonprofit agency and A-133 audit experience. Qualified candidates will have a Bachelor’s Degree in Accounting or Finance; an MBA or CPA is a plus. The candidate must have a minimum of five years’ experience in a management or leadership role within a nonprofit agency. We also seek a candidate who understands and conducts business consistent with the agency’s mission and guiding principles. Successful candidates will have a strategic focus, and will have experience managing finance (accounting, budgeting, internal controls and reporting) for a nonprofit with multiple funding sources, including government (federal, state and local) contracts. Applicants must be proficient in Word, Excel, Fund EZ, ADP, and Raiser’s Edge software (or other non-profit comparable fund accounting software). 

The CFO will be expected to represent the agency to the community, financial partners, financial institutions, foundation executives, donors, government partners, and auditors. The CFO will remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.

In addition to the standard accounting functions, below are some essential expectations for this role:

Reporting to the CEO, this position will establish and maintain strong relationships with the Executive Leadership Team, Finance and Audit Committees and Board of Directors to implement fiscal policy as set forth by the Board.

Direct and oversee all aspects of the Finance and Accounting functions of the organization

Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.

Quickly take ownership of his/her role and provide supervision, mentoring and training to the finance team.

Work interdepartmentally with staff across the agency to provide financial updates on program spending vs. budget, as well as ensuring a clear understanding of their budgetary responsibilities.  

Ensure credibility of the finance group by providing timely and accurate analysis of budgets, financial trends and forecasts for staff, CEO, committees, and board members.

Update and maintain relevant financial policies, procedures, systems and internal controls across the agency. 

Provide executive management with advice on the financial implications of business activities as well recommendations for potential efficiencies.

Responsible for compliance with GAAP, A-133 grants documentation/ reporting, payroll and 401(k) plan record keeping/reporting, and audit and grant monitorings. 

Maintain treasury relationships with bank, investment and financing partners. 

Perform additional duties as assigned by the CEO according to business needs. 

Requirements for the position include: 

Bachelor’s degree in Accounting or Finance required. Advanced degree such as a Master’s degree or CPA certification is a plus.

Working knowledge of regulatory bodies relating to payroll, taxes and general business financial conditions required.

Five to 10 years of demonstrated progressively responsible financial leadership role in a non-profit agency with a history of growth.

Hands-on experience with multiple federal/state/local government grants. 

Working knowledge of financial and payroll software/systems.

Strong leadership, organizational, and communication skills. 

Requires ability to operate business equipment used daily within the organization. 

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