Chief Financial Officer (Nonprofit)
- Job Title
- Chief Financial Officer (Nonprofit)
- Job ID
- 27737367
- Work Hybrid
- Yes
- Location
- Cincinnati, OH, 45242 Hybrid
- Other Location
- Description
-
Chief Financial Officer (Nonprofit)
As a key member of the Executive Management Team, the Chief Financial Officer (CFO) will play a strategic role in the organization's overall leadership and help guide the council’s direction and strategy. The CFO will drive the formulation and execution of financial plans for the maximum financial performance of Girl Scouts of Western Ohio, one of the largest Girl Scout councils in the country. Responsibilities encompass all financial, risk management and property management matters. This includes but is not limited to forecasting financials, making recommendations to position GSWO favorably in the economic climate, providing proactive mitigation strategies, building sustainable processes with new technologies, communicating the budget and financial opportunities beyond just the numbers, and being a strategic member of the C-suite.
The CFO will provide oversight for planning, implementing, and managing financial-related activities of the organization, including responsibility for accounting, finance, treasury, payroll, forecasting, property management, risk management, investment oversight, data security, IT, grant management, and compliance. The CFO has the responsibility for working collaboratively with all other departments to develop strategies for financial health through analysis to support strategic thinking and direction, establishing critical measurements, projections, and forecasts to lead the council’s long-range planning. The CFO is responsible for directing the council's financial management in accordance with generally accepted accounting principles (GAAP), regulations and policies and ensures that the council's day-to-day operations proceed efficiently and effectively.
This position is based out of our Cincinnati, OH office. Open to candidate relocation.
ESSENTIAL FUNCTIONS- Provide leadership to the CEO and senior leadership team on all matters pertaining to finance policy to ensure that financial strategies, decisions and functions effectively facilitate the achievement of council goals and maintain its financial health.
- In support of the board of directors and as staff partner to the council’s Treasurer, serve as staff leadership for the audit committee, investment, 401k, data security and budget task groups of the board, and monitor and direct inspection of financial executive limitations.
- Provide timely and accurate analysis of budgets, financial reports and financial trends to assist the CEO and senior leadership in decision-making and goal execution.
- In conjunction with the CEO and senior staff, lead the preparation of the annual operating and capital budgets.
- Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, internal controls, project coordination, cross-team communications, and efficient workflows, including support for grant management and reporting.
- Establish and oversee all financial reporting, budgeting and forecasting activities, providing the CEO, Board, and senior staff with accurate and up-to-date information on the financial activities of the council and monitoring of financial executive limitations.
- Direct and ensure all financial records are maintained and reporting activities (internal and external) are carried out in compliance with generally accepted accounting principles, and with local, state, and federal laws, board policies, as well as not-for-profit regulations, and guidelines.
- Lead the day-to-day administration and control of the accounting, treasury and payroll functions to safeguard the council’s assets and to ensure financial transactions are timely, processed accurately, and recorded in keeping with accepted accounting standards and principles.
- Lead and implement appropriate cash and investment management strategies and maintain banking and investment relationships in compliance with board policies and ensuring resources are available to meet operational needs.
- Oversee financial and operational audits, identify opportunities for improved efficiencies and supervise the implementation of improvements to internal controls and operating procedures.
- Oversee the development, implementation and maintenance of documentation for accounting and procurement processes and procedures that ensure internal controls for security of the organization's assets.
- Direct the management of council properties and monitoring of assets to ensure implementation of preventative maintenance and capital improvement plans and operational excellence in support of GSWO’s members and staff. Includes oversight of properties.
- Oversee and manage the risk and data security of the organization with the CEO and Chief Operating Officer through an effective enterprise risk management system. Oversee and manage the council’s IT and communications systems.
- Establish and maintain strong relationships with senior executives to enable collaboration and seek a full range of business solutions. Provide support to CEO and other executive management team members and oversight of additional functions, as needed to achieve organizational goals.
- Manage the effective training, development and retention of high-performing finance and property staff and ensure that they are organized and deployed appropriately to achieve successful operating results.
CORE COMPETENCIES- Leadership
- Personal Integrity and Professional Conduct
- Project Management
- Team Building
- Financial Management
- Budget Administration
SUPERVISORY RESPONSIBILITY
This position manages the accounting, payroll and property staff.
POSITION TYPE/EXPECTED HOURS OF WORK
A standard work schedule typically includes Monday through Friday, aligning with the traditional business week. However, flexibility may be required to accommodate the varying needs of the organization, especially during peak times or specific seasons.
TRAVEL
Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected.
REQUIRED EDUCATION AND EXPERIENCE- Bachelor’s Degree required, MBA preferred. CPA required.
- Minimum of five years public accounting audit experience combined with a minimum of five years of additional experience in accounting, finance and business management in a nonprofit environment.
- Thorough knowledge and application of general accounting and internal controls theory.
- Thorough knowledge of enterprise risk management. Excellent computer skills including proficiency in Excel and accounting software.
- Proven high level of organizational, financial management, project management, personnel management, and communication skills.
- Available to work a flexible schedule - evenings and weekends when necessary.
- Ability to work in a team environment with commitment to achieving organizational goals.
ADDITIONAL ELIGIBILITY QUALIFICATIONS AND REQUIREMENTS- Must uphold and support Girl Scouts of Western Ohio’s commitment to diversity, equity, inclusion and belonging as codified in our DEI Vision Statement and values, and the Girl Scout Promise and Law.
- Must possess a valid state driver's license, liability insurance and functioning vehicle for work within the Girl Scouts of Western Ohio region.
- Successful completion of fingerprinting and a criminal background check as required by Ohio law.
- Commitment to making a difference in girls’ lives as expressed in the Ends statements; mission and goals for girls, as noted in the Board Policy Manual.
- Must maintain annual or lifetime membership in Girl Scouts at all times and an adult Girl Scout uniform (navy business attire).
BENEFITS
We value our employees’ time and efforts. Our commitment to your success is enhanced by compensation and a generous benefits package.
PERKS- Ability to build your skills and grow your career
- Supportive environment for learning and development.
- Flexibility for work/life balance
- Opportunity for hybrid teleworking arrangement
- Medical, dental, vision, accident, life insurance, and more!
- 401K- 100% match up to 5% salary
- 1 week off between Christmas and New Years
- 17 days PTO
- 6 days sick time
- A high-achieving and fun team
- Casual dress code
Diversity, Equity, Inclusion, and Belonging (DEIB)
We are proud to be an equal opportunity employer dedicated to pursuing and hiring a diverse workforce and are committed to creating an inclusive environment for all. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. GSWO is an EEO/Minority/Female/Disability/Veteran employer.