Job Title: Chief Financial Officer

Classification: Full-time, exempt

Workplace Type: Hybrid (3 days in-office required)

Department: Client Services

Reporting To:Tim Hudson

As a Chief Financial Officer for our rapidly growing company, you will oversee the day-to-day operations of a team of 7-8 professionals, consisting of 4-5 Accounting Associates and Senior Accounting Associates, 1 Accounting Manager, 1 Accounting Assistant, and up to 1 Accounting Intern. Our CFO teams are responsible for ensuring the accurate and timely delivery of a full suite of accounting and bookkeeping services to a wide range of nonprofit clients. We are looking for an intrinsically motivated problem-solver who values transparency, inclusion, collaboration, and impact. At The Charity CFO, you will leverage your passion for accounting and the nonprofit sector to make a lasting impact for your clients.

In this role, you will have the autonomy to manage your team and clients as your own book of business. We take an entrepreneurial approach to leadership and team development, and we want our CFO's to build their teams as if they are an entrepreneur. It is expected that you will work hard and invest the time into building out your team and developing lasting client relationships.

Who is The Charity CFO, LLC?

We provide premier accounting, advisory, and fractional CFO solutions for nonprofits. Our mission is to help nonprofit leaders by creating clarity and understanding of their organization’s financial position, modernizing financial operations, and bringing the focus back to what really matters - the people and communities they serve. Our vision is to be the largest nonprofit accounting service firm in the United States.

Our Culture & Values

At The Charity CFO, we put our people before revenue or clients, which has allowed us to create a unique workplace that values you first as a human being and then as an employee. We’ll provide you with all the support and training you need to crush your goals inside the workplace, along with the flexibility, benefits, and downtime to build a life you love outside the office.

Inside our doors, you’ll find a respectful, collaborative environment with team members with all levels of professional experience from beautifully diverse backgrounds. Everyone is welcome here, and you’ll be judged solely on your performance, regardless of any limitations society may have previously placed on you.

Our Benefits

From career advancement to free parking to 14 paid holidays, 4 weeks of PTO, and paid new parental leave, our comprehensive benefits package makes it easier to be there for your family, plan for the future and truly enjoy your downtime. Learn more about all of these benefits here.

What You Would Be Helping Us With:

The CFO has many responsibilities. They oversee and handle the day-to-day operations of a team of 7-8 professionals, and they are responsible for serving 30-40 clients. This requires that they have advanced accounting knowledge, comfortability with technology, and significant management experience. CFO responsibilities can be divided into two major categories: management responsibilities and client responsibilities.

Management Responsibilities:

Lead staff meetings and training.
Conduct weekly one-on-one check-ins with all team members.
Answer team member questions.
Proactively track team-wide tasks, projects, and upcoming deadlines to remove roadblocks and ensure that your team has the tools they need to complete each task correctly and on time.
Ensure that your team is effectively communicating with clients; step-in when necessary to answer client questions or de-escalate concerns.
Plan for team member PTO or other absences to ensure that client deliverables are still met.
Review KPIs, including deadlines met, responsiveness to email correspondence, and client profitability. When KPIs are off track, take ownership and work proactively to get back on track.
Conduct a monthly evaluation of all team members, providing direct and actionable feedback to ensure accountability and to enable long-term growth.
Regularly evaluate staff capacity and skill to determine the assignment of client responsibilities.
Interview candidates for open positions.
Onboard new employees and ensure their successful transition to the company.
Facilitate training workshops for new hires.
Facilitate team member engagement by hosting team events and activities.
Participate in firm leadership activities and “face of the firm” events, as assigned.
Seek out opportunities for professional development and ongoing education.
Fill-in for team member absences, as necessary.

Client Responsibilities:

Review and analyze monthly financial reports for all assigned clients to evaluate the financial health of each organization.
Provide support to clients by preparing annual budgets, cash flow forecasts, and other financial analyses.
Present financial report presentations to client leadership and boards of directors.
Periodically check-in with clients to assess client satisfaction, address issues, and build long-term relationships.
Participate in new client onboarding meetings to understand their unique needs and to build customized accounting processes.
Manage client expectations and scope of services to ensure that we are ultimately meeting their needs.
Participate in internal ‘desk review’ debrief meetings to identify areas for improvement and to develop a game plan for cleaning-up any accounting issues.
Ensure that your team maintains appropriate accounting processes for all assigned clients. Proactively revise accounting processes as necessary.
On an annual basis, prepare and present a custom assessment of each client’s financial health, leveraging our proprietary Nonprofit Blueprint model.
Communicate annual fee increases with assigned clients.
Serve as a CFO and strategic advisor for assigned clients. Provide clients with answers to their accounting questions and communicate proactively when accounting problems are identified.

Qualifications:

Bachelor’s in Accounting or Accounting-related field
3-5 years of experience in full-cycle accounting or public accounting as an auditor or outsourced accountant
1-2 years of nonprofit accounting experience, preferred
2-4 years of successfully building and managing a team
CPA license, preferred
Proficiency with Microsoft Excel
Proficiency with accounting software
Excellent critical thinking skills
Advanced accounting knowledge

What Success Looks Like in the First 6 Months:

To ensure your success in this role, you will be provided with a lot of training to learn our business, our clients, and our leadership culture. You will not inherit a fully functioning team on your first day. Instead, you will gradually hire team members and take on new clients until your team is built out.

During your first 6 months in the job, you will be expected to serve many functions that do not fall within the normal scope of the CFO role. This will be your opportunity to experience and learn the key functions of the team. Some of these functions include (but are not limited to):

Perform bookkeeping tasks (processing bills, recording revenue and expense transactions, posting payroll entries, etc).
Conduct month-end close procedures for clients, including performing reconciliations, calculating allocation entries, and preparing monthly financial reports.
Track spend-down of clients’ restricted grants. Review all new client grant agreements to ensure that grants are accounted for and tracked properly and to identify any compliance expectations that may impact our accounting processes.
Review client financial reports, as prepared by other members of the team, on a monthly basis to ensure accuracy and compliance with GAAP.
Review client financial statements to ensure that they are accurate and ‘audit-ready’ prior to the commencement of financial statement audits.
Serve as a liaison with client auditors, ensuring that all requested documentation is provided in a timely manner, so that the audit timeline can remain on track.
Conduct an end-of-year review of client financial statements prior to the preparation of the annual Form 990 return.
Facilitate the annual 1099 filing process for all assigned clients.
Tackle client-related projects, such as building workpapers, investigating accounting discrepancies, completing chart of account revisions, performing cash- to accrual-basis conversions, etc.

After 6 months in your role, you should be able to successfully complete the following:

Analyze financial statements and present key takeaways to stakeholders.
Prepare budgets and forecasts for clients.
Manage your team to ensure client needs are met and deliverables are consistently on time.
Maintain accounting processes to ensure quality and to meet our clients’ unique needs
Problem solve with clients, providing strategic advisory support and ‘out of the box’ solutions.
Maintain client relationships for long-term satisfaction and retention.
Be an ambassador for The Charity CFO, externally and internally.

How to Apply

We want to acknowledge that imposter syndrome is real, so bullet points aside, if our mission, culture & values resonate with you, we want to hear from you! If you are someone who is committed to connecting the dots, supporting clients and colleagues, and want to work in a position that allows you to develop your accounting experience on work that really matters, please apply on our Careers page.

If you require special accommodations during the recruitment process, please email our recruiting team whose contact information can be found at the bottom of our Careers page.

The Charity CFO, LLC is an equal-opportunity employer and we value diversity at our company. We do not discriminate based on race, religion, color, national origin, dietary preferences, gender, sexual orientation, age, fashion sense, marital status, veteran status, disability status, political leanings, or any other category protected by applicable federal, state or local laws.

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