United Way of Greater Greensboro
JOB TITLE: Chief Financial Officer and Vice President of Finance
DEPARTMENT: Finance and Executive Administration
REPORTS TO: President and CEO
FLSA STATUS: Exempt
The Chief Financial Officer is analytical and mission-driven leader who serves as an integral member of the senior management team. The CFO enforces the strategic goals with an annual budget of $10.5 million to reduce generational poverty. The CFO develops financial models that reshape and accelerate revenue results and ensure strong financial practices. The CFO creates and manages a team of four that delivers United Way’s financial management processes including: financial planning, budgeting, MIS, analysis, employee benefits, compensation, new revenue channels and policy matters. The CFO partners with the motivated chairs of the Finance and Human Resources committees to increase employee engagement, and improve financial results. This hands-on position requires a strong understanding of not-for-profit accounting.
The Chief Financial Officer is responsible for:
- Day-to-day collaboration and hands-on financial accounting for the organization.
- Research and design of financial models to report performance of business results linked to community impact, as well as, exploring new sources of revenue.
- Adherence to United Way Worldwide standards in finance and reporting, as well as, ensuring the financial practices reflect UWGG’s values.
- Oversite of UWGG Human Resources, including personnel onboarding, annual reviews, payroll, compensation packages and fringe benefits.
- Implementation of annual operating budgets, HR policies, internal controls and procedures with the CEO.
- Conduct and coordinate monthly Finance Committee meeting agenda outlining financial performance. Quarterly HR Committee meeting agenda and employee engagement
- Partner with the president on all operational and strategic issues as they arise; provide recommendations to the president based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
- Oversee long-term budgetary planning and cost management in alignment with the strategic plan.
- Engage the vice presidents of Resource Development and Community Impact to match revenue with mission-oriented projects.
- Engage the Finance and HR committees around issues, trends, best practices to enhance employee engagement and workplace tools.
Financial and Operational Management
- Prepare budgets, and oversee the implementation of budgets, to monitor progress and present operational metrics both internally and externally.
- Ensure that finance staff maintains financial ledgers and systems in accordance with Generally Accepted Accounting Principles and monitor the use of all funds.
- Participate and direct the preparation and approval of all monthly, annual and ad hoc financial reporting materials for internal review and approval by the UWGG Board of Directors.
- Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
- Coordinate all audit activities.
- Evaluate and oversee all HR benefits negotiations, thus providing the most competitive packages for UWGG employees.
- Review all formal finance, HR, and IT related policies, procedures, and processes. Make recommendations for improvements to the systems to drive greater efficiency and effectiveness.
- Develop and manage direct staff, to include Director of Finance, IT, AP and AR; as well as act as a supportive business partner to other groups.
- Engage other members of the senior management team to facilitate cross-department collaboration that ensures that all financial, IT, and HR solutions positively support UWGG’s evolving strategy, operational delivery, and data collection needs.
EDUCATION AND EXPERIENCE REQUIREMENTS:
- BS and CPA/CMA required; an MBA would be a plus.
- Advanced skills in Microsoft Office products.
- Proficiency and knowledge – general ledger, CRM, payroll, ACH, etc.
- Minimum of five (5) years progressive financial operations experience, and experience in a managerial position with supervisory responsibilities.
- Mature and proactive business partner to the chief executive.
- Effective analytical skills and experience interpreting a strategic vision into an operational model.
- Expertise in cash management, internal controls, budgets and planning, receivables management and financial statement preparation.
- Passion for developing a team of professional.
- Collaborative and flexible work style.
- Hands-on manager with a desire to work in a dynamic, mission-driven environment.
- Effective communicator, with strong oral and written skills.
- Commitment to the social sector.
- Willingness to study best practices and solutions to reduce generational poverty.
To apply for this job email your details to firstname.lastname@example.org