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Overview
The Chief Financial Officer, reporting to the President and CEO, ensures overall accountability and stewardship for the financial resources of the organization, including accounting, financial planning and analysis, treasury, risk management/insurance, IT, and real estate. This role is expected to serve as a strategic partner to the CEO engaging in strategy development, technology integration, budget and resources planning, forecasting future scenarios, as well as overseeing operational activities. Serving on CMMB’s Executive Team, this role will be a key team member on internal direction setting and discussions of operational efficiencies and effectiveness. The CFO also provides regular updates and advice to the CMMB Board of Directors on organizational financial position, investments, and long-term sustainability.
This position has direct reports in New York as well as remote locations.
Key Responsibilities
Strategic Services
- Ensurestrategic financial needs are assessed, effectively prioritized, and fully integrated into the organization’s decision-making and implementation processes.
- Assure the financial integrity and assess the sustainability of the organization.
- Provide thought leadership and organizational stewardship in the areas of business process transformation, financial planning & administration, risk management, information technology and user experience, and grants administration.
- Set best practices and standards, and approaches to problem resolution through the issuance of relevant policy guidelines, design and adoption of business processes, technical support, and user-friendly tools & reporting templates.
- Oversee relationship with investment services firm (outsourced CIO or equivalent) managing their participation, their follow-through on recommendations from the Finance committee and work with them to plan their input and briefings with Finance Committee
- Coordinate and support business process reengineering initiatives departmentally as well as collaboratively across the organization to improve effectiveness and efficiency.
- Lead the continuous improvement, alignment and integration of financial and related information systems.
- Strengthen and oversee organizational fiscal and internal control accountability.
- Identify, assess and mitigate financial risks.
- Prepare medium and short-term high-level resources planning frameworks and allocation analyses.
- Contribute to organizational decision-making as a member of the CMMB Executive Team.
- Serve as the primary or shared responsibility focal point to the CMMB Board of Directors for various committees.
Operational Services
- Ensureinternal and external clients are provided demand-driven, operational support services that are strategic, responsive, pragmatic and timely.
- Lead and guide all functional areas falling within the Finance Department: (i) Accounting; (ii) Treasury; (iii) Financial Planning and Analysis; (iv) Information Technology; (v) Real Estate Management; (vi) Financial Risk Management; and (vii) Grants Administration.
- Issue annual, audited financial statements and file timely, annual tax returns.
- Oversee and ensure organizational liquidity.
- Oversee the preparation and implementation of the annual budget.
- Ensure a strategically leveraged, organization-wide Information Technology platform.
- Oversee management of US office premises and ensure adequacy of insurance coverages.
- Ensure compliance with USG and other donor financial, administrative, and reporting regulations and deadlines.
- Clear all financial and administrative information in donor agreements and grant proposals.
- Serve as the organizational focal point with: financial services providers, auditors, insurance providers, IT contractors, building management and other vendors.
- Design and oversee internal workshops & financial training; represent CMMB at external meetings.
- Manage and mentor global staff.
- Lead and manage the employees in the department, ensuring clear goals and accountabilities are established and achieved. Ensure individuals’ performance and development needs are met and employees are high performing and engaged. Produce systematic performance indicator reporting to inform management as to progress, roadblocks, and other relevant performance details.
Note: These essential functions are not to be construed as a complete statement of all duties performed. Employees will be required to perform other job-related duties as required.
Qualifications & Requirements
Competencies and skills
- Highly strategic thinker who is capable of quickly assessing and resolving complex organizational challenges.
- Extremely competent in finance and accounting management in general, and of US government projects and procurement procedures
- Strong knowledge of financial accounting and planning, budgeting, risk management, and financial control systems. Additional proven experience in cost accounting and related systems very strongly preferred.
- Extremely competent in producing financial statements and reporting for a globally diverse organization.
- Strong knowledge of international financial reporting and accounting standards and proven experience in applying them to produce financial statements.
- Results-oriented user’s knowledge of information systems for finance and accounting – in particular NetSuite.
- Proven hands-on experience in planning and implementing challenging, complex projects, developing dynamic and streamlined systems and processes that anticipate and support changes in the operational and business model, and producing results under demanding deadlines.
- Strategic use and planning for integration of new technologies, systems and tools that can enhance productivity in a position with oversight of technology integration.
- Client-focused and results-driven individual with strong experience in change management.
- Excellent leadership and interpersonal skills; strong executive presence.
- Strategic communicator with strong analytical, documentation and presentation skills.
- Capable of effectively leading, managing and mentoring staff.
- Exemplifies the highest standards of integrity, ethical behavior and respect for diversity.
- Knowledgeable of and fully committed to the mission and values of CMMB.
Executive essential leadership characteristics and competencies
- Exceptional ability to deal with, and lead, change and present ideas that motivate staff to strive for increased achievement of CMMB Mission, Vision and Strategic goals and objectives.
- An outstanding record that reflects respect for ethics and fiscal stewardship.
- The established track record of good business judgment and financial acumen.
- Demonstrated ability to model teamwork behaviors and team building skills.
- Exceptional problem solving ability – both systematic and data based and the ability to be creative, thinking outside of-the-box.
- Exceptional ability to be nimble, flexible and responsive.
Required experience and demonstrated results
- 15+ years of progressive financial and administrative leadership and responsibility, preferably in the international, nonprofit sector.
- Hands-on knowledge of Generally Accepted Accounting Standards and Statements on Auditing Standards.
- Solid experience in short-term and medium-term financial planning, budgeting and treasury operations.
- Solid understanding of nonprofit accounting, budgeting and project management software reporting packages and systems; proficiency in NetSuite, Microsoft Office.
- Experience in US Government grants and related NICRA accounting, budgeting, compliance and reporting requirements preferred.
- Must be comfortable working for a faith based organization.
Education and/or certification
- Bachelors degree in accounting, business or finance required. Masters degree or commensurate experience required.
- CPA or related professional accreditation preferred
- Working knowledge of Spanish and/or French a plus.
CMMB is committed to fair and equitable compensation practices.
The salary target range for this role for candidates in New York is $240,000 – $260,000. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This range may be different in other locations.
Please apply here: Application link, please click here.
EEO Statement:
At CMMB, we embrace diversity and demonstrate compassion towards all people—it is one of our core values. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. CMMB is proud to be an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. CMMB strictly prohibits and does not tolerate discrimination against employees, applicants, or any other covered persons because of race, creed or religion, color, national origin, disability, predisposing genetic characteristics, marital status, sex, gender, gender identity, gender expression, pregnancy, age, sexual orientation, military or veteran status, citizenship, status as a victim of domestic violence, or any other protected classification under applicable federal, state, or local laws. This statement applies to all terms and conditions of employment. CMMB is committed to fostering an inclusive and accessible experience for all job seekers-- If reasonable accommodation is needed, you may contact us at CMMBRecruitment@cmmb.org.
