Chief Financial Officer

Norwescap • Full-time • Phillipsburg, NJ, US • 2d ago

Norwescap, a nonprofit organization serving tens of thousands of low-income individuals and families in Northwest NJ, seeks a dynamic, savvy, innovative, and ethical leader to serve as our Chief Financial Officer. As a vital member of the Executive Leadership Team, the Chief Financial Officer reports to the Chief Executive Officer and assumes a strategic role in the overall management of the organization.

The CFO has primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the organization. This includes direct responsibility for accounting, finance, forecasting, financial planning, job costing, deal analysis and negotiations, program compliance and private and institutional financing. The CFO also oversees the Human Resources, Facilities, and IT functions of the organization.

Essential Functions

Responsible for direction of all accounting and finance functions of the organization and its subsidiaries and related entities.
Provide Chief Executive Officer and Board of Trustees with all financial data needed for proper management decisions.
Work as a team with Chief Executive Officer, Executive Leadership, and Program Directors to assess and evaluate financial implications of operational and programmatic decisions.
Establish and maintain up-to-date fiscal controls to ensure proper use of all funds, compliance with all grant obligations and timely reporting. Ensure that effective internal controls are in place to ensure compliance with GAAP and applicable Federal, State and Local regulations, laws and rules for financial reporting and fiscal management.
Develop agency annual budget, with input from the CEO and agency Executive Leadership for Board approval prior to the agency fiscal year.
Develop annual program and departmental budgets in conjunction with the leadership Chief Program Officer, Program Officer, and Program Directors.
Prepare monthly/quarterly/annual program financial statements, special analyses and other reports as required. Ensure that the financials are timely, accurate and in compliance with GAAP. Prepare monthly financial statements for review by the Board's Finance Committee and approval by the full Board.
Work closely with the Chief Development Officer to appropriately track, account for, and report on, fundraising and earned income efforts.
Direct and supervise all accounting team members.
Supervise the Facilities, Human Resources, and IT Directors. Top level oversight of the management of all three departments, including development of an annual capital budget.
Primary oversight of risk management functions, including liaison with liability insurance broker and approval of applicable contracts.
Manage the relationship with an external audit firm and serve as liaison to the audit firm for development of annual financial statements, and the agency 990 filing.
Close agency books on a monthly basis.
Continuous evaluation of short and long-term strategic financial objectives.
Serve as member of Benefits/Pension Committee.
Attend all Board and Board Finance Committee meetings. Serve as lead staff liaison to Finance Committee chair.
Remain current on all changes/updates with regulatory and compliance implications and advise leadership accordingly.

Education And Experience

Bachelor's degree in accounting, finance, or related field required. MBA preferred.
Minimum of five years' experience in a senior financial managerial position in a non-profit organization required.
CPA required
Proficiency in MS Office (including Word and Excel required).
Proficiency in AccuFund or similar accounting systems, government reporting systems, and financial tracking/software systems required.

Competencies

Project Management
Integrity and Leadership
Creativity and Curiosity
Discipline and Resourcefulness
Spoken and Written Communication
Strategic Thinking
Hands-on Approach

Work Environment

This position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, etc. However, this position may require occasional site visits for specific needs or advisement.

Physical Demands

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Physical Requirements

0-24%

25-49%

50- 74%

75-100%

Standing/Walking

x

Twisting/Rotating

x

Driving

x

Climbing/Stooping/Kneeling

x

Lifting/Pushing/Pulling

X

Fingering/Grasping/Feeling

x

Position Type/Expected Hours Of Work

This is a full-time position. Hours of work are typically Monday through Friday, 8:00 a.m. to 5:00 p.m., 40 hours per week.

Travel

This position requires less than 10% travel

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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