CHIEF FINANCE OFFICER
RESPONSIBILITIES
Reports to the CEO (Chief Executive Officer) the Chief Finance Director and administration will define the process and implement the infrastructure/systems needed to support agency growth. CFO will continue to build and manage effective and streamlined administrative/financial systems, including financial, accounting, legal, and physical infrastructure. As a member of the senior management team, the director will be involved in strategic planning, evaluation, and professional development initiatives, as well as planning for the Nonprofit’s expansion as necessary. The director will also interact with program recipients as a mentor.
Specific responsibilities include:
Review and approve preparation and finalization of monthly and annual financial reporting materials and metrics for the board of directors.
Oversee budgeting, financial forecasting, and cash flow for administration, existing programs, and proposed new sites.
Manage one full-time assistant administrator; hire and retain other finance support staff as needed in the future.
Coordinate all audit activities.
Serve as a business partner to the CEO on the organization’s financial, budgeting, and administrative processes—including payroll, payables, receivables, billing, – with an eye to continuously developing and improving systems.
Develop successful and trusting relationships with the program recipients and create and sustain an environment that supports these relationships.
Other job duties when I investigated other nonprofit CFO duties….
- compile and manage a nonprofit’s budget
- manage investments
- oversee tax statements
- ensure that nonprofit financial documents are in order
- track cash flow for a nonprofit organization
- prepare reports for the board of directors or other oversight groups
- oversee key financial decisions
- oversee human resources for the nonprofit
- draft and approve nonprofit checks
- ensure that nonprofit employees within the organization are compliant with the organization’s policies and bylaws.
- determine compliance with IRS regulations, ACA requirements and IRS Form 990 requirements
- manage bank relationships and ensure compliance with financial activities reporting requirements of banks
- prepare nonprofit annual financial statements
- oversee payroll for nonprofit employees
- assist in identifying and/or obtaining grant funding opportunities and ensure compliance with grant requirements
- ensure that the organization prepares tax returns on time and without errors
- prepare CFR
Qualifications
The Chief Finance Director will have at least five to eight years of professional experience, including managing the finance and administration of a $10 million to $20 million organization (preference given to nonprofit experience). CFO will have experience creating and driving the analytic framework for planning and managing organizational change in a highly entrepreneurial organization.
The director of finance and administration will have the following experience and attributes:
- Bachelor’s degree (MA/MBA preferred) in Business, Management, or Finance
- Excellent people skills, with experience collaborating in a multidisciplinary, diverse, and dynamic team
- Demonstrated experience in financial management and accounting, ideally in the nonprofit sector
- Experience should include legal, audit, compliance, budget, and resource development
- Demonstrated resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people and systems
- Proven effectiveness leading professionals in finance and accounting
- Technologically savvy, with an ability to point to examples of having worked with IT staff to develop and implement new processes and systems that increased efficiency in a fast-moving environment
- Flexible and a self-starter; able to multitask while also being highly detail-oriented.
Status: Full Time Salaried Exempt
Pay Range: $ 93,000-$110,000 annually
Location: 430 East Main Street, Batavia location
Valid NYS driver’s license and method of transportation required. Must be addiction free, including tobacco. Pre-employment background check/post offer drug screening required. CARF and NHSC accredited. EOE
