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Title
Text copied to clipboard!Nonprofit CFO
Description
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We are looking for a dedicated and experienced Chief Financial Officer (CFO) to join our nonprofit organization. The ideal candidate will have a strong background in financial management, strategic planning, and organizational leadership within the nonprofit sector. As the CFO, you will be responsible for overseeing all financial operations, ensuring compliance with financial regulations, and providing strategic financial guidance to the executive team and board of directors. You will play a critical role in shaping the financial future of our organization, ensuring that we have the resources needed to achieve our mission and goals. The CFO will also be responsible for managing the finance team, developing and implementing financial policies and procedures, and ensuring the accuracy and integrity of financial reporting. This role requires a high level of integrity, excellent communication skills, and the ability to work collaboratively with a diverse group of stakeholders. If you are passionate about making a difference and have the financial acumen to lead our organization to success, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Oversee all financial operations and direct corporate financial planning and structure.
- Coordinate, analyze, and report the financial performance to the executive team and board of directors.
- Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.
- Oversee audit and tax functions, coordinate activities with outside audit firms and review firms' performance.
- Develop, implement, and maintain accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting.
- Manage the finance team, including hiring, training, and performance evaluation.
- Ensure compliance with all financial regulations and standards.
- Provide strategic financial guidance and support to the executive team and board of directors.
- Develop and monitor budgets and financial plans.
- Oversee the preparation and submission of financial reports to regulatory agencies.
- Manage cash flow and forecasting.
- Ensure the accuracy and integrity of financial reporting.
- Develop and implement financial policies and procedures.
- Collaborate with other departments to support overall organizational goals and objectives.
- Identify and manage financial risks.
- Oversee investment activities and manage relationships with financial institutions.
- Ensure timely and accurate financial reporting to donors and grantors.
- Lead financial planning and analysis efforts.
- Support fundraising efforts by providing financial insights and analysis.
- Ensure the organization’s financial practices are in line with statutory regulations and legislation.
Requirements
Text copied to clipboard!- Bachelor’s degree in finance, accounting, or related field; MBA or CPA preferred.
- Minimum of 10 years of experience in financial management, with at least 5 years in a senior leadership role.
- Experience in the nonprofit sector is highly preferred.
- Strong knowledge of nonprofit accounting principles and practices.
- Proven experience in financial planning, budgeting, and forecasting.
- Excellent analytical and problem-solving skills.
- Strong leadership and team management skills.
- Excellent communication and interpersonal skills.
- High level of integrity and dependability.
- Ability to work collaboratively with a diverse group of stakeholders.
- Experience with financial software and systems.
- Strong understanding of financial regulations and compliance requirements.
- Ability to manage multiple priorities and meet deadlines.
- Detail-oriented with strong organizational skills.
- Proven ability to develop and implement financial policies and procedures.
- Experience with audit and tax functions.
- Ability to provide strategic financial guidance and support.
- Strong understanding of cash flow management and forecasting.
- Experience with investment management.
- Ability to analyze financial data and provide insights and recommendations.
Potential interview questions
Text copied to clipboard!- Can you describe your experience in financial management within the nonprofit sector?
- How do you ensure compliance with financial regulations and standards?
- Can you provide an example of a time when you provided strategic financial guidance to an executive team?
- How do you manage and develop a finance team?
- What strategies do you use for financial planning and forecasting?
- Can you describe a time when you identified and managed a financial risk?
- How do you ensure the accuracy and integrity of financial reporting?
- What experience do you have with audit and tax functions?
- How do you handle multiple priorities and meet deadlines?
- Can you provide an example of a financial policy or procedure you developed and implemented?