Chief Financial Officer

Job Description

Position: CFO

Reports to: CEO

FLSA status: Exempt

Job Description

Last Updated: 03.10.2025

Position Summary

The CFO monitors the financial condition of the Association and oversees all finances of the Association subject to review by the CEO in accordance with purpose and objective of the Association, and subject to the requirements of the FCSLA Constitution and Bylaws

Essential Functions, Duties, and Responsibilities

• Directs and oversees the activities of the following functions:
• Controller
• Accounting/Treasury Department (managed by the Controller)
• Annuity Department
• CFO in conjunction with the Controller hires, develops and evaluates the performance of staff members within the above functional areas
• Responsible for tracking KPI’S of the Asset Manager and ensuring performance to contractual obligations and investment portfolio in accordance with FCSLA Investment Policy Guidelines
• Publishes annual report in the Official Publication of FCSLA; and prepares four-year report for convention
• CFO, in conjunction with Controller, directs the activities concerned with custody, control, and accounting for assets and securities
• Oversight on the following:
• Receipt, disbursement, and expenditures of money or capital assets
• Preparation of monthly, quarterly and annual statutory and information reports
• Furnishing a monthly financial statement to the Board of Directors and publishes same in the Official Publication of FCSLA
• Preparation of budgets and financial forecasts
• Meets with other senior managment on a regular basis to ensure that all departments are working in concert and goals are being met
• Responsive to requests for reports from National Trustees and Auditors
• Attends quarterly Board of Director meetings and Executive Committee meetings as non-voting “staff” as directed by CEO and Board of Directors
• Serve as “staff” on Board committees as directed by the CEO
• Carries out duties relating to the National Convention as required
• Directs and prepares financial analysis of operations for guidance of management
• Participates as member of IT Steering Committee and Enterprise Risk Management Committee
• Responsible for ensuring compliance with all regulations related to financial areas of business and within association guidelines
• Maintain an office in the Home Office
• All other duties as assigned by National President

Education, Certification, License and Experience

• CPA or MBA in Finance or related fields from an accredited college or university required
• Evaluation Actuary background preferred with ASA or FSA credentials
• Minimum of ten (10) years in business, finance, insurance or related field
• Experience with a fraternal organization model and/or financial services organization preferred.
• Proficiency with Microsoft Office Suite

Work Environment

Work is performed in an office environment. This is a full-time position with business hours Monday through Friday. Additional hours may be worked as appropriate. Work is routinely performed using standard office equipment such as computers, and copiers in a fast-paced environment.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing duties of this job, the employee is regularly required to talk, hear, sit for long periods of time, use hands and fingers to keyboard, navigate about the office and view materials and equipment needed to perform required tasks. Additionally, requires the ability to reach into top filing cabinet drawers and bend or stoop to reach into bottom filing cabinet drawers. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.

Travel

Must be free to travel as required on Association business.