Chief Financial Officer

Overview

The Chief Financial Officer is responsible for managing all financial functions including: accounting, payroll, financial operations, human resources, property management, employee benefits, insurance coverage, legal requirements and donor records.

Responsibilities

Leadership

Establish and implement policies and procedures for all financial management functions, ensuring appropriate controls and compliance with generally accepted accounting practices.

Strategic Planning

Collaborate with the Chief Executive Officer and Board of Directors to develop annual income and expense budget. Provide timely and complete reporting of financial results and recommendations for necessary actions to maintain the fiscal health of the Club.

Work closely with Club leadership and managers to:

• Maintain, analyze and interpret general ledger for all funds;
• Manage preparation and analysis of financial reports on a monthly and as-needed basis

Oversee the process for identifying and evaluating opportunities for improved financial operations, recordkeeping and reporting, working with external auditors to prepare and review audit schedules and annual report of audit findings.

Resource Development

Seek and secure financial support and resources by managing:

• Preparation of the annual request for United Way funds; and all Boys & Girls Club assets and investments, including property, equities and bonds.

Resource Management

Lead organizational planning and development of operating and fund account budgets, and control expenditures against budget.

Maintain financial records and recordkeeping systems to ensure compliance with all regulations, generally accepted accounting practices and contractual requirements.

Ensure a productive work environment within the finance and accounting function.

Recruit, select, manage and provide career development opportunities for staff and volunteers working within the finance and accounting function.

 

ADDITIONAL RESPONSIBILITIES

May manage and administer employee benefits programs.

May maintain all personnel and payroll records.

Train branch staff in proper procedures regarding cash receipts, accounts payable, accounts receivable and budgeting, as needed or requested.

Attend meetings of Executive Committee, Board of Directors, Finance Committee and/or Human Resources Committee in an advisory role as requested.

Assist Unit/Branch Directors in budget preparation and management, as requested.

Qualifications

• Bachelor's degree from an accredited college or university in accounting, finance, or business administration
• A minimum of three years of progressively responsible work experience managing the accounting functions in a nonprofit agency, or equivalent experience
• Thorough knowledge of budget management and accounting practices, processes and procedures of nonprofit organizations
• Demonstrated ability to: organize, direct and coordinate operations in personnel supervision; recruit and retain key personnel; oversee facilities management
• Good communication skills, both verbal and written
• Strong organization and analytical skills
• Ability to interact professionally with Club staff, board members, volunteers and other related agencies

DISCLAIMER:

The information presented indicates the general nature and level of work expected of employees in this classification. It is not designed to contain, nor to be interpreted as, a comprehensive inventory of all duties, responsibilities, qualifications and objectives required of employees assigned to this job.