Chief Financial Officer

Job Description

Job Description

Salary:

Job Title: Chief Financial Officer

Reports To: Executive Director

FLSA Status: Exempt

SUMMARY

The Chief Financial Officer leads and directs the areas of Administration and Accounting. Responsibilities include planning and administering the financial accounting and reporting systems. Along with the Treasurer and Executive Director, the Chief Financial Officer oversees management of the accounting records to meet the organizations objectives in accordance with applicable laws and regulations. The Chief Financial Officer is responsible for the development, implementation and consistent application of appropriate accounting policies and procedures in accordance with generally accepted accounting principles and regulatory guidelines. The Chief Financial Officer participates, along with other members of the management team, in the overall financial and strategic planning of the organization and subsequent implementation of strategic objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES include, but are not limited to, the following:

Actively participate as a member of the senior management team in establishing strategic and short-term direction and in the general management of the Organization

Coach and support staff of the Administrative Department. This encompasses accurately assessing strengths and developmental needs of employees and providing timely and specific feedback and helpful coaching.

Work closely with members of the management team to assure inter-departmental cooperation and communication. Participate actively with other team members to set/achieve goals and objectives and to formulate policies and procedures.

Oversee the finance and accounting activities of the organization. This responsibility encompasses, but is not limited to, the following specific duties:

*Maintain internal accounting systems and procedures necessary for recording, monitoring and evaluating the agencys financial performance;

*Assure compliance of accounting reporting and systems with generally accepted accounting principles and applicable regulatory directives;

*Prepare, review, and analyze financial report and information;

*Direct and coordinate the budget process;

*Supervise the payroll and retirement plan records and related reporting;

*Recommend enhancements/improvements to existing Finance Department processes and systems and oversee implementation;

*Act as a liaison with third party vendors who provide services to the department;

*Review and approve expenditures, and:

*Conduct analysis in the evaluation of new products and services.

Monitor and evaluate cash flow requirement, related depository and short-term investment balances and overall liquidity needs on a daily basis.

Prepare performance evaluations and conduct evaluation reviews. Develop, promote and monitor individual goals, incentive programs and inter- and intra-department cooperation and teamwork.

Keep abreast of applicable laws, regulations and industry/economic trends that may be significant to the organization and assure that appropriate information is disseminated

Prepare invoices and vouchers on a timely basis to request funds from various funding sources. Ensure collection of contracted funds.

Maintain a working knowledge of the organizations data processing system and software packages.

Coordinate the annual renewal and regular review/evaluation of the corporate insurance policy

Serve as a liaison to the Finance Committee, external auditors, federal and state examiners and any other appropriate individuals with regard to requests for access to the financial records.

Perform research and special projects as directed by the Executive Director

Attend Board of Directors meetings. Prepare and present formal reports on a regular and as needed basis

Supervise all administrative activities.

Monitor all financial contracts and grant awards. Ensure requirements are met including proper reporting. Review any modifications to existing contracts.

Establishes relations with banks and other financial institutions

Oversees and directs the preparation and issuance of the organizations annual report.

Assist in educating the community about the organization and its services through public appearances and speaking engagements.

Be punctual and in attendance at work as scheduled

Other duties as assigned

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

A four-year degree in Business Administration, Accounting, Finance or a related field is required and a CPA designation is preferred. Minimum of eight years general financial service experience in a non-profit, for-profit or public accounting position. Leadership and supervisory experience is required.

REQUIRED SKILLS

Strong leadership and motivational capabilities. Must have organizational skills and ability to communicate effectively both verbally and in writing. Strong analytical, problem solving and decision-making capabilities. Ability to work with advanced mathematical concepts. Proficient reading, writing and grammar. Thorough knowledge of generally accepted accounting principles, financial reporting standards and asset/liability management theory and terminology. Must be proficient in Microsoft applications.