Description
· Description
Job Overview: The CFO is responsible for managing the financial operations of TCR, ensuring TCR’s financial health and sustainability. The CFO will be responsible for and oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. The CFO will work closely with the Executive Director and Board of Directors to develop and implement financial strategies that support TCR’s mission and goals.
Key Responsibilities:
Financial Management
· Develop and implement financial strategies that support TCR’s mission and goals
· Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
· Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
· Experience working in accounting software and highly proficient in Excel
· Prepare and present financial reports to the Executive Director and Board of Directors, providing analysis and recommendations as needed
· Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
· Manage relationships with external partners, including banks, auditors, program funding partners, and other financial service providers
· Work cooperatively with program directors to ensure accurate budgets are developed that follow and meet specific contract guidelines
· Submit budgets and reports timely to all funding partners
· Coordinate with payroll and benefits administrator to ensure payroll is accurate, timely, and funds are available for completion
Budgeting and Forecasting
· Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets
· Monitor actual performance against budget and provide regular updates and analysis to the Executive Director, Program Director, and Board of Directors as necessary
· Develop and maintain financial forecasting models that support long-term financial planning and decision-making
Strategic Planning and Leadership
· Work closely with the Executive Director and senior leaders to develop and implement strategic plans and goals that support the TCR’s mission and vision
· Lead the Finance Committee and Investment Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization
· Provide leadership and mentorship to the finance team, fostering a culture of continuous improvement and professional development and the ability to document areas of weaknesses
· Collaborate with TCR Program Directors to develop and implement strategies that support the individual divisions mission and goals
· Attend trainings as necessary to stay abreast of all changes that impact TCR financial reporting that may be specific to each division
Board Relations and Reporting
· Report on the financial performance of TCR to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
· Collaborate with the Executive Director and Board of Directors to develop and implement financial policies and procedures that align with the TCR’s values and strategic goals and meet specific program guidelines
· Represent the organization at internal and external events and meetings, providing financial guidance and support as needed
Tax Filing and Compliance
· Oversee all tax filings and compliance requirements, ensuring that TCR follows all relevant laws and regulations
· Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements
· Work cooperatively during annual independent audit to ensure accurate information is provided in a timely fashion
· Every five years announce and accept bids for possible new accounting firm
Qualifications:
· Master’s degree in Accounting, Finance, or related field.
· At least 5 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization
· Strong leadership and management skills, with experience building and leading high-performing teams
· Excellent analytical, problem-solving, and decision-making skills
· Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders
· Passion for the mission and work of TCR
· Passionate interest in mentoring others and working as a team
· In person position located at the Central Office in Talladega, AL.
Pay: $60,000.00 - $80,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person