JOB DESCRIPTION
Job Title:
Chief Financial Officer
Department:
Finance
Reports To:
President & CEO
Status:
Salaried – Exempt
JOB SUMMARY:
The Chief Financial Officer (CFO) directs the organization’s financial operations in accordance with generally accepted accounting principles (GAAP) and nonprofit financial management best practices. As a member of the senior leadership team, the CFO is responsible for the planning, implementation, management, and oversight of all financial activities. This position reports directly to the President & CEO.
ESSENTIAL JOB FUNCTIONS AND ACCOUNTABILITIES:
Leadership
- Lead the organization’s financial planning, operations, performance, and fiscal management.
- Oversee accounts payable, payroll, and associated general ledger reconciliations
- Manage the annual budget process and board approval.
- Evaluate and advise on the financial impact of long-range planning, new programs/strategies, and regulatory action.
- Deliver timely financial analysis and insights to support executive and Board decision-making.
- Oversee the government grants compliance function, ensuring organizational adherence to grant requirements and accountability for the annual Single Audit and Schedule of Federal Awards (SEFA) preparation.
- Lead continuous improvement of the budgeting process by educating budget owners and optimizing budget software.
- Direct treasury management activities, including banking relationships and liquidity.
- Manage cash flow and forecasting. Develop a reliable cash flow projection process
- Provide financial counsel on contracts and agreements entered into by BGCMA.
- Evaluate the finance team structure and plan for continuous improvement.
Board and Committee
-
Participate in BGCMA board meetings.
-
Manage BGCMA Investment and Budget & Finance Committees.
-
Lead Investment and Budget & Finance Committee activities, including reporting, approvals, and action plan implementation.
Department Management
- Lead and develop the finance team through strategic talent acquisition, performance management, coaching, and succession planning.
- Foster a culture of collaboration and inclusion and ensure staff accountability.
EDUCATIONAL QUALIFICATIONS AND SKILLS:
Education
- Bachelor’s degree from an accredited college or university is required.
- Master’s degree (MA), MBA, or equivalent preferred
- CPA or demonstrated equivalent knowledge level in accounting
Experience
- Ten to fifteen (10-15) years of related experience and/or training, or an equivalent combination of education and experience.
- Mix of non-profit and corporate experience preferred
- Treasury, investment management, and contract management experience required
- Knowledge of fund accounting, endowed, and restricted funds.
Skills
- Strategic, forward-thinking leader with the highest ethical standards, professional integrity, and business acumen.
- Strong financial, analytical, operational, and problem-solving expertise with sound judgment and decision-making ability.
- Highly organized, self-directed, and collaborative executive who thrives in a team-oriented environment.
- Exceptional communicator and relationship builder with the ability to influence and engage stakeholders at all levels.
Core Competencies
- Strategic planning and execution
- Data-driven decision-making and continuous improvement mindset
- Leadership, collaboration, and talent development
- Influence, negotiation, and stakeholder management
- Effective prioritization and management of multiple initiatives
- Solution-oriented mindset with strong judgment and responsiveness to complex issues
- Executive communication and presentation skills, including the ability to convey complex financial and strategic matters to the Board and key stakeholders
ENVIRONMENT & WORKING CONDITIONS:
Normal internal office environment with occasional need to travel to club locations within the Metro Atlanta area. Frequent internal contacts with employees throughout the organization are required.
Regular travel to Metro Atlanta club locations. Occasional weekend and evening work to support program or related activities.
EMPLOYEE CLASSIFICATION:
Exempt employees are not entitled, under the Fair Labor Standards Act (FLSA), to the protections of the wage and hour laws of the state or the FLSA. Exempt employees must always be paid on a salary basis and not be subject to reduction based on the quality or quantity of work performed.
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.
