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Chief Financial Officer

New York
Job Type
13 Sep 2020

As the founding member of Company's dedicated finance team, the Chief Financial Officer will serve as a member of Company's Leadership Team and a resource and ally across the organization. The Chief Financial Officer must be an experienced finance and accounting professional with experience in multi-entity environments who has exceptional technical skills, is committed to the mission of Company, and who knows how to build and lead a team. The ideal candidate will be a proactive partner with a genuinely held belief that no task is too big or too small.

Primarily, the role will be charged with the design, refinement and execution of the financial systems of the organization (e.g. accounts payable, accounts receivable, budget tracking, cash flow, etc.). These systems must operate seamlessly to ensure that Company can report effectively and compliantly on all dollars in/out and to ensure that Company management has the tools that they need to make ongoing decisions about prudent resource utilization. The founding Chief Financial Officer will also be responsible for building a team to support the finance function.

Key Responsibilities

The responsibilities of the Chief Financial Officer include the following:

  1. Accounting: Evaluate, improve and execute accounting practices for a complex, multi-entity operation.
  2. Systems: Optimize systems to process payroll, expense reporting, accounts payable and accounts receivable while ensuring that all dollars are accounted for and coded properly in the organization's General Ledger.
  3. Subscription Management and Billing: Design and implement a process to effectively manage subscriptions and billing for Company's partner organizations.
  4. Pricing Strategy: Work with Company's programmatic team to design and implement a pricing strategy for Company services that achieves the objectives of the organization.
  5. Reporting: Deliver appropriate and regular reporting (e.g. monthly financial statements for all related entities) to senior leadership and stakeholders, including the Board and key funders, on Company's spending.
  6. Control Environment: Design and implement a control environment for the organization that enables necessary work to happen while protecting sensitive information and minimizing risk of spending misuse or fraud.
  7. Operating Environment: Design and implement a financial operating environment that manages and mitigates risk across all entities through proactive and regular assessment and continuous improvement.
  8. Budgeting and Forecasting: Produce accurate, timely budgets, forecasts and cash flow projections, and resolve relevant funding questions to ensure that Company's budget reflects our priorities and spending stays within resource constraints.
  9. Audit and Corporate Reporting: Oversee the financial audits, tax, and other filings, ensuring appropriate accounting treatment.
  10. Relationship Building and Communication: Build strong relationships across teams to communicate, translate, and distill financial and budget information, including with the Leadership Team and the Board.

Candidate Profile

Company attracts employees with distinctive and diverse backgrounds and accomplishments. Integrity, creativity, flexibility, and drive are key attributes of competitive candidates.

The ideal candidate will have most of the following qualities:

  • A bachelor's degree in business, accounting, or a related field; CPA and related graduate degree is strongly preferred
  • Approximately 10 years of experience in a senior financial role, with some nonprofit accounting/finance experience preferred
  • Experience managing cash flow, accounting, compliance, and reporting required; grant management experience in a nonprofit context is preferred
  • Experience managing compliance and financial systems across multiple corporate entities
  • Familiarity with or working knowledge of nonprofit compliance is strongly preferred
  • Strong problem-solving skills as well as the ability to manage several tasks/projects concurrently and prioritize work effectively
  • Be an exceptional team player, with strong interpersonal skills and calmness under pressure
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  • Job Reference: 173895669-2
  • Date Posted: 13 September 2020
  • Recruiter: ExecuNet
  • Location: New York
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent