Chief Financial Officer (CFO)
Position
Summary:
Reporting to and partnering with the President and CEO, the Chief Financial Officer (CFO) will set Congreso's financial policy and direction.
The CFO will work closely with the Congreso Board of Directors, Officers, and Executive Leadership Team.
The CFO will supervise and direct the work of the Fiscal department staff.
This position will be Hybrid/Remote upon completion of the initial onboarding schedule.
The Chief Financial Officer applies the principles of the organization's signature service delivery approach, Primary Client Model (PCM(TM)), by promoting a positive employee-focused experience that is appreciative of the unique strengths, values and needs that each employee brings to the workplace; and by using data to inform and drive decision making.
Attention is given to compliance, quality assurance, and best practices as they relate to employee experience, records management, and data integrity and usability.
Essential Functions:
Represents Congreso's mission, values, and commitment to diversity, equity, inclusion, and belonging and will be an ambassador of our work.
Engages directly and via team members the following financial activities:
budget development, accounting, accounts payable and receivable, investment of funds, forecasting, financial reporting, state and federal funds, grants, cost studies, travel, revenues, expenditures, financial statements, insurance, auditing and related operational functions of the institution.
In conjunction with the Senior Executive team, develops and implements an annual budgeting process and long-range, multi-year financial plans.
Prepares and submits the annual organizational budget to the Board of Directors for approval.
Prepares accurate monthly financial reports including monthly and year-end financial statements in accordance with generally accepted accounting principles.
Monthly financial reports include statement of financial position, statement of activities, and cash flow.
Completes year-end reporting packages in timely fashion to allow auditors to complete their work on a timely basis and within budget.
Coordinates the audit presentation to the Audit Committee and the subsequent report for presentation to the Board of Directors.
Ensures timely and accurate completion of all required filings city, state and federal funders and to the IRS and state governments.
Researches IRS rules and regulations as necessary.
Utilizes the accounting system in accordance with generally accepted accounting principles.
Ensures that the system is fully utilized and maintained.
Coordinates and ensures compliance of fiscal policies and procedures pertaining to city, state and federal transactions.
Monitors and complies with federal, state, and city laws in terms of remitting taxes, preparing timely and accurate reports and maintaining appropriate records.
Ensures that government grant expenses are appropriately charged, including employee time allocation and purchases in accordance with the Uniformed Guidance.
Ensures that grants and contributions are appropriately classified as temporarily or permanently restricted or unrestricted when promised.
Ensures that grant expenses are monitored against grant budgets monthly, and that the release of restricted grant funds are recorded in accordance with generally accepted accounting principles (SFAS# 116/117).
Annually reviews, formulates and recommends to the Finance Committee Fiscal policies and procedures governing institutional financial activities.
Actively monitors cash flow and prepares cash flow projections.
Reviews and approves grants; ensures revenue is accurately recorded.
Manages the Investment relationship and the draws upon restricted funds invested there.
Assists the President in the supervision and monitoring of expenditures of all funds.
Initiates, prepares, and maintains all correspondence, reports, and studies necessary or appropriate to the position.
Develops cash and investment policies and manages these areas in accordance with said policies.
Responsible for answering financial questions and providing financial data to the Grant team.
Ensures the timely and accurate funding of employee benefits that are related to payroll and accounting.
Provides reports and information as needed to the Finance Committee of the Board of Directors.
Participates in the development of the corporation's plans and programs as a tactical partner in evaluating and advising on the impact of long-range planning and regulatory action on the areas of responsibility.
Provides timely and accurate analyses of budgets, project proposals and business trends in the multiple administrative areas to assist the President, the Board, and other senior executives in performing their responsibilities.
Enhances and/or develops, implements and enforces policies and procedures of the organization by way of systems that improve the overall operation and effectiveness of the Finance department.
Provides technical/professional guidance, advice, and knowledge to others within the various administrative functions.
Assures continual improvement of the budgeting process for the administrative operation through education of department managers on budgetary issues impacting their budgets and ongoing departmental performance to the budget.
Advises, negotiates, manages and administers all contracts into which the Corporation may enter.
Counsels with the President and, as appropriate, other members of senior management on financial matters associated with the financial viability of entering into such contracts.
Primarily liaison with the Finance and Audit Committees; serves as the Treasurer of 2800 American Street Company and 216 Somerset Company.
Advises, negotiates, manages, and administers all debt instruments into which the Corporation has entered or will be entering.
Experience, Education, and Licensure:
Experience - A minimum of ten (10) years experience in non-profit fiscal management, in a senior financial role, financial modeling, asset leveraging, working collaboratively with multiple stakeholders in the non-profit sector, strategic planning and budgeting;- Experience in managing, coordinating, and developing personnel; broad knowledge of legal, business practices and technology as used to improve financial operations; demonstrated excellence in human relations, communications, and creative problem solving skills; - Experience with non-profit accounting methods and related software; advanced-level Microsoft Office Skills, primarily Word, PowerPoint, Excel and Outlook;- Substantial experience in a senior management capacity in a complex, multi-divisional organization; demonstrated achievement in budget planning and management and non-profit accounting practices; a proven record of sound administrative and financial judgment within a complex and vibrant organization; experienced leadership in strategic financial planning and development;- Broad knowledge of technology required to drive excellence and efficiency in finance and administration;- Strong written and oral communication skills; the ability to develop and sustain effective and collegial working relationships with all members of a senior management team; and the highest standards of personal, ethical and professional integrity.
EducationBA/BPI225134228 Recommended Skills Accounting Accounting Methods Accounts Payable Accounts Receivable Administration Auditing Estimated Salary: $20 to $28 per hour based on qualifications.
Summary:
Reporting to and partnering with the President and CEO, the Chief Financial Officer (CFO) will set Congreso's financial policy and direction.
The CFO will work closely with the Congreso Board of Directors, Officers, and Executive Leadership Team.
The CFO will supervise and direct the work of the Fiscal department staff.
This position will be Hybrid/Remote upon completion of the initial onboarding schedule.
The Chief Financial Officer applies the principles of the organization's signature service delivery approach, Primary Client Model (PCM(TM)), by promoting a positive employee-focused experience that is appreciative of the unique strengths, values and needs that each employee brings to the workplace; and by using data to inform and drive decision making.
Attention is given to compliance, quality assurance, and best practices as they relate to employee experience, records management, and data integrity and usability.
Essential Functions:
Represents Congreso's mission, values, and commitment to diversity, equity, inclusion, and belonging and will be an ambassador of our work.
Engages directly and via team members the following financial activities:
budget development, accounting, accounts payable and receivable, investment of funds, forecasting, financial reporting, state and federal funds, grants, cost studies, travel, revenues, expenditures, financial statements, insurance, auditing and related operational functions of the institution.
In conjunction with the Senior Executive team, develops and implements an annual budgeting process and long-range, multi-year financial plans.
Prepares and submits the annual organizational budget to the Board of Directors for approval.
Prepares accurate monthly financial reports including monthly and year-end financial statements in accordance with generally accepted accounting principles.
Monthly financial reports include statement of financial position, statement of activities, and cash flow.
Completes year-end reporting packages in timely fashion to allow auditors to complete their work on a timely basis and within budget.
Coordinates the audit presentation to the Audit Committee and the subsequent report for presentation to the Board of Directors.
Ensures timely and accurate completion of all required filings city, state and federal funders and to the IRS and state governments.
Researches IRS rules and regulations as necessary.
Utilizes the accounting system in accordance with generally accepted accounting principles.
Ensures that the system is fully utilized and maintained.
Coordinates and ensures compliance of fiscal policies and procedures pertaining to city, state and federal transactions.
Monitors and complies with federal, state, and city laws in terms of remitting taxes, preparing timely and accurate reports and maintaining appropriate records.
Ensures that government grant expenses are appropriately charged, including employee time allocation and purchases in accordance with the Uniformed Guidance.
Ensures that grants and contributions are appropriately classified as temporarily or permanently restricted or unrestricted when promised.
Ensures that grant expenses are monitored against grant budgets monthly, and that the release of restricted grant funds are recorded in accordance with generally accepted accounting principles (SFAS# 116/117).
Annually reviews, formulates and recommends to the Finance Committee Fiscal policies and procedures governing institutional financial activities.
Actively monitors cash flow and prepares cash flow projections.
Reviews and approves grants; ensures revenue is accurately recorded.
Manages the Investment relationship and the draws upon restricted funds invested there.
Assists the President in the supervision and monitoring of expenditures of all funds.
Initiates, prepares, and maintains all correspondence, reports, and studies necessary or appropriate to the position.
Develops cash and investment policies and manages these areas in accordance with said policies.
Responsible for answering financial questions and providing financial data to the Grant team.
Ensures the timely and accurate funding of employee benefits that are related to payroll and accounting.
Provides reports and information as needed to the Finance Committee of the Board of Directors.
Participates in the development of the corporation's plans and programs as a tactical partner in evaluating and advising on the impact of long-range planning and regulatory action on the areas of responsibility.
Provides timely and accurate analyses of budgets, project proposals and business trends in the multiple administrative areas to assist the President, the Board, and other senior executives in performing their responsibilities.
Enhances and/or develops, implements and enforces policies and procedures of the organization by way of systems that improve the overall operation and effectiveness of the Finance department.
Provides technical/professional guidance, advice, and knowledge to others within the various administrative functions.
Assures continual improvement of the budgeting process for the administrative operation through education of department managers on budgetary issues impacting their budgets and ongoing departmental performance to the budget.
Advises, negotiates, manages and administers all contracts into which the Corporation may enter.
Counsels with the President and, as appropriate, other members of senior management on financial matters associated with the financial viability of entering into such contracts.
Primarily liaison with the Finance and Audit Committees; serves as the Treasurer of 2800 American Street Company and 216 Somerset Company.
Advises, negotiates, manages, and administers all debt instruments into which the Corporation has entered or will be entering.
Experience, Education, and Licensure:
Experience - A minimum of ten (10) years experience in non-profit fiscal management, in a senior financial role, financial modeling, asset leveraging, working collaboratively with multiple stakeholders in the non-profit sector, strategic planning and budgeting;- Experience in managing, coordinating, and developing personnel; broad knowledge of legal, business practices and technology as used to improve financial operations; demonstrated excellence in human relations, communications, and creative problem solving skills; - Experience with non-profit accounting methods and related software; advanced-level Microsoft Office Skills, primarily Word, PowerPoint, Excel and Outlook;- Substantial experience in a senior management capacity in a complex, multi-divisional organization; demonstrated achievement in budget planning and management and non-profit accounting practices; a proven record of sound administrative and financial judgment within a complex and vibrant organization; experienced leadership in strategic financial planning and development;- Broad knowledge of technology required to drive excellence and efficiency in finance and administration;- Strong written and oral communication skills; the ability to develop and sustain effective and collegial working relationships with all members of a senior management team; and the highest standards of personal, ethical and professional integrity.
EducationBA/BPI225134228 Recommended Skills Accounting Accounting Methods Accounts Payable Accounts Receivable Administration Auditing Estimated Salary: $20 to $28 per hour based on qualifications.
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