Chief Financial Officer

Great Jobs KC • Full-time • Remote (Kansas City, MO, US) • 2d ago

Description

About Great Jobs KC

Great Jobs KC (dba KC Scholars) (www.greatjobskc.org) is a 501(c)(3) college scholarship and tuition-free job training program. Its goal is to support persistence and increase the college completion rate for low- and modest-income students across the six-county, bi-state service region and secure family-sustaining careers. The organization was designed to change thousands of individual lives and transform the region by preparing the local future workforce and contributing to the regional economy. The KC Scholars Scholarship Program awards traditional college scholarships to high school juniors, adult learner scholarships to adults 18 years and older, and college savings match awards to high school freshmen. The Great Jobs KC program provides tuition assistance to approved career training programs in high-demand industries such as construction, healthcare, information technology, logistics/warehousing, manufacturing, and service careers. With the support of Great Jobs KC, adults 17+ and older can learn the skills needed in one year or less to secure a job with family-sustaining wages. Great Jobs KC supports all its Scholars throughout their college or job training and into their first year of employment.

About The Role

Reports to: Chief Executive Officer

Location: Kansas City, MO

Status: Exempt, Full-time

Salary: Annual salary based on experience

Benefits: Medical, dental, vision, STD, LTD, Life Insurance, PTO, Holidays, leave program, 401k including employer contribution, and others

Operating hours: 8:30 am to 5:00 pm CST

KEY PERFORMANCE INDICATORS

Achieve on-time completion of all financial audit, tax, compliance, and annual reporting requirements, including board, grantor, and regulatory filings, with no material findings or late submissions.
Strengthen organizational reserves to maintain a minimum of 90 days of cash on hand.
Deliver 3-year financial sustainability plan within first 6 months
Collaborate monthly with senior leaders to increase transparency around actual vs. budgeted income and expenses.

Responsibilities

The Chief Financial Officer (CFO) is responsible for managing the financial operations of the organization, ensuring the organization’s financial health and sustainability. This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. The CFO will work closely with the CEO, Board of Directors, and senior leadership to develop and implement financial strategies that support the organization’s mission and goals.

Financial Management

Develop and implement financial strategies that support the organization’s mission and goals
Lead strategic cash management and treasury functions, prudently investing operating reserves and excess cash balances in low-risk, board-approved instruments to preserve capital, ensure liquidity, and maximize risk-adjusted returns in alignment with organizational policy and mission
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
Prepare and present financial reports to the CEO 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, and other financial service providers

Budgeting and Forecasting

Develop and oversee the annual budgeting process, working closely with the senior leaders and other stakeholders to develop realistic and achievable budgets
Monitor actual performance against budget and provide regular updates and analysis to the CEO and Board of Directors
Develop and maintain financial forecasting models that support long-term financial planning and decision-making

Strategic Planning and Leadership

Serve as a strategic advisor to the CEO and SLT by modeling financial impact of new initiatives, partnerships, and policy changes
Design and execute innovative financial strategies that diversify revenue streams, optimize capital structure, and position the organization for scalable growth
Lead the Finance 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
Collaborate with other senior leaders to develop and implement strategies that support the organization’s mission and goals

Board Relations and Reporting

Report on the financial performance of the organization to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
Collaborate with the CEO and Board of Directors to develop and implement financial policies and procedures that align with the organization’s values and strategic goals
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 the organization is in compliance with all relevant laws and regulations
Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements

Requirements

EDUCATION AND EXPERIENCE

Education

Bachelor’s or graduate degree in accounting, finance, or related field

Work Experience

At least 10 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization
Demonstrated ability to operate in a growth-stage environment, proactively identifying opportunities to increase efficiency, expand impact, and strengthen financial sustainability
Demonstrated experience with budgeting, forecasting, and financial analysis.
Experience in earned revenue or hybrid nonprofit models
Experience modeling capital campaigns or impact investment
Experience with government grants, restricted funds, and cost-allocation models highly preferred
Experience working in a fast-paced, goal-oriented environment with the ability to set and meet clear deadlines.
Strong leadership and management skills, with experience building and leading high-performing teams
Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
Experience in high-growth nonprofit or social enterprise environments strongly preferred

Additional Knowledge, Skills, And Competencies

Strong leadership and management skills, with experience building and leading high-performing teams
Proficiency in Microsoft Office (Excel, Outlook, Word, Power Point, and OneNote).
Strong organizational skills and ability to multi-task.
Ability to maintain a high level of confidentiality.
Ability to work in a fast-paced, transformational environment.
Able to shift priorities as needed.
Strong project management.
Ability to make objective decisions through facts and data.
Strong analytical and problem-solving skills.
Self-driven yet willing to follow directions, at times with limited input.
Strong relationship building skills.
Willing to go the extra mile as needed.
Personal value system that includes the highest standards of honesty, confidentiality, integrity, loyalty, and professional ethics reflective of the ability to succeed in building and maintaining positive relationships with the community.
Excellent communications skills (written, verbal, research skills, presentation skills, facilitation skills).
Extremely detail oriented and organized.

Physical Requirements

Ability to lift up to 15 lbs.
Ability to work in an office and remote environment.
Ability to travel from and to work and occasionally to regional sites as the organization grows.
Ability to interact with others via technology, face-to-face and collectively.

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