Immediate Supervisor: Executive Director/CEO
Supervises: Director of Finance/Controller
Status: Full-time exempt (37.5+ hours per week)
Work Location: Hybrid schedule requiring three days per week in the Baton Rouge, La. office and two remote workdays.
Compensation: TBD based on experience
Benefits: Health, dental, vision, life, 401(k) retirement plan, vacation/sick leave
To apply: Send resume and cover letter to careers@phikappaphi.org
Position Description: This individual will be a key member of the executive team, providing strategic leadership and direction for the fiscal management of the organization. Responsibilities include annual budget preparation, cash management, internal controls, tax compliance, and financial review and reporting.
Key Responsibilities:
Strategic Leadership:- Contribute to development of the organization’s strategic goals and initiatives as well as overall management
- Provide strategic leadership in development and implementation of sound accounting policies and performance measures
- Work closely with the executive team to identify general organizational needs and develop programs, policies, or guidelines to address and support those needs
- Establish and develop relations with external partners and stakeholders
- Lead business innovation strategy, philosophy and methodology in alignment with organizational strategy
- Direct the assessment of new products, services and programs to diversify revenue sources
Team Leadership:
- Provide leadership, direction and management of the finance team
- Promote a culture of high performance and continuous quality improvement that values learning
- Establish and monitor staff performance, goals, accountabilities and the setting of priorities
- Ensure workload is allocated properly and adequate cross-training is implemented and maintained
Accounting, Audit and Financial Operations:
- Ensure continuous quality improvement of the organization’s financial operating systems, including strategic and effective use of technology to improve processes
- Oversee the preparation of all financial reporting in accordance with Generally Accepted Accounting Principles [GAAP]
- Manage the annual audit process
- Provide financial oversight and related finance services for chapters
Financial Planning, Analysis and Reporting:
- Provide strategic leadership and guidance for annual budgeting process, ensuring alignment with strategic initiatives
- Ensure continual evaluation of the business model, developing robust budgeting scenarios and contingencies while seeking opportunities to generate or use resources to move the organization forward
- Develop cash flow projections and reporting mechanisms to meet operating needs
- With the executive team, develop strategies and plans for key projects and initiatives
- Facilitate accurate and timely delivery of special financial information requests
Treasury and Investments
- Manage treasury functions including cash management and banking relationships
- Optimize banking relationships
- In coordination with external advisors, oversee investment portfolios
Governance
- Serve as primary finance liaison to board and support the finance and audit, investment, and awards review committees
- Offer financial education to board and committee members as needed
- Effectively support and work with committee chairs and board treasurer
- Ensure structure and processes abide by organization’s governing documents
Compliance and Risk Management
- Lead the enterprise risk management and compliance process, ensuring safeguarding of assets and operational effectiveness
- Ensure processes and procedures are well-documented, communicated and implemented
- Ensure compliance with nonprofit and IRS regulations, investment regulations, GAAP, FASB and related audit requirements and facilitate related disclosure requirements
- Ensure accurate and timely preparation of all required tax filings, including 990s, 990-Ts, 1099s, and Secretary of State reports
- Coordinate and facilitate all internal control audits and ensure that recommendations are appropriately addressed
- Manage organizational compliance with applicable tax and accounting laws and regulations
- Serve as a reviewer of any contracts Society may enter from a financial perspective
Leadership CompetenciesThe CFO is expected to demonstrate:
- Strategic and critical thinking
- A drive to accomplish goals/results, is motivated by challenge
- Self-direction and initiative
- A holistic approach when navigating ambiguity
- Sound decision-making
- Ability to manage change effectively
- Commitment to the organization’s mission and priorities
- Ability to foster a Collaborative work environment within and across units
- Effective delegation and up-and-down management
- Interest in ongoing professional development
Experience
- 7+ years of strategic financial leadership
- Nonprofit financial reporting and budgeting via employment
- Technical proficiency in all financial functions, including budgeting, financial planning and analysis, reporting, accounting, audit, tax, and treasury
- Working with and reporting to internal and external financial partners and stakeholders
- Working with and reporting to boards and finance-related committees
- Strong management skills with 7+ years supervisory experience
- Experience leading major financial projects
- Strong analytical and problem-solving skills
- Strong organizational skills with significant attention to detail
- A clear demonstration of honesty, integrity and confidentiality; the highest ethical standards are assumed
- 5+ years as CFO of a nonprofit association is preferred
- 5+ years of public accounting or audit experience is preferred
- Oversight of investment portfolios with support from external advisors is preferred
Education
- Bachelor’s degree in finance, accounting, business administration or related field is required
- Master’s degree is preferred
- CPA certification and license is preferred
