Chief Financial Officer

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Job Description

ROLE:

The position of Chief Financial Officer (CFO) is responsible for operational positioning of the finances, accounting, liquidity, investments, and available capital. The CFO will be expected to oversee financial analysis, financial controls, planning and budgeting, long range forecasting, financial accounting systems and procedures, investor and corporate compliance, performance metrics, and asset, liability, and interest rate risk management. The CFO will oversee liquidity management, financial and portfolio risk management plans, projection models, and ongoing assessment of business lines for profitability. The CFO is responsible for providing strategic input that will guide all financial activities. Critical to the role is providing balance between risk and the mission objectives of the organization.

RESPONSIBILITIES:

  1. Executive Team Responsibilities
  2. Enterprise Risk Management
  3. Accounting and Capital Management
  4. Direct and Supervise Finance Personnel
  5. Individual, Team & Company Participation

EXPECTATIONS: 

  • Executive Team Responsibilities
    1. Serves as a member of the executive team demonstrating an appropriate level of professionalism and leadership skills.
    2. Ensures that staff is championing the Strategic Plan.
    3. Provides leadership in the deployment of staff.
    4. Meets or exceeds budgeted financial performance.
  • Enterprise Risk Management
    1. Effectively manage interest rate, enterprise, and liquidity risk.
    2. Ensure compliance with policies, procedures, regulations, laws, and audit guidelines.
    3. Oversee departmental metrics.
    4. Oversee a process for independent internal audit.
  • Accounting and Capital Management
    1. Oversees the accounting functions including grant accounting, revenue recognition, loan accounting, and monthly close.
    2. Oversees the annual budget, audit process, and internal audit function.
    3. Oversees the accounting interface with loan administration.
    4. Oversees the financial and accounting requirements of the Property Management Division
    5. Oversees expense control for the organization.
    6. Serves as a key member of the Board’s Finance Committee and assists in establishing committee objectives, meeting agendas, and preparation of information and materials for board and committee meetings.
    7. Works cooperatively to develop new and expanded sources of capital and monitor the effective utilization of those funds.
  • Property Management
    1. Oversees financial aspects of construction projects.
    2. Oversees the management of outside vendors for SACA and all subsidiaries/affiliates.
  • Direct and Supervise Key Finance Personnel
    1. Set goals and objectives to assess the performance of accounting and finance.
    2. Ensure training and support in all aspects of finance procedures.
    3. Ensure that the organizational mission and goals are met.
    4. Provide leadership and direction for Strategic Planning for finance and support assigned managers in their own strategic plan objectives.
    5. Monitor the consistency of established processes and procedures.
  • Individual, Team & Company Participation
    1. Quarterly Coaching Sessions and Annual Performance Planning
    2. SACA Board Meetings
    3. Department Meetings
      • Supervises and coordinates delivery of training and technical assistance activity to designated staff.
    4. Participates as a member of Finance Committee and other assigned committees.
    5. Executive Leadership Meetings
    6. Provides support to, and participates in, various company meetings as needed.
    7. Special Events Attendance & Support
    8. Develop a network within the nonprofit sector that contributes to personal growth and opportunities for SACA.

SKILLS

  • Superior ability to integrate diverse objectives with a high level of attention to detail.
  • The ability to maintain a high degree of accuracy.
  • Ability to work independently.
  • Strong written and verbal communication skills, including public speaking.
  • Skills in discussion facilitation and problem solving.
  • Impeccable personal integrity: ability to maintain confidentiality.
  • Motivated individual with high level of initiative and demonstrated commitment to facilitating the growth and development of program offerings.
  • Strong analytical skills.
  • Ability to work effectively with racially, ethnically, culturally, and socially diverse individuals.
  • Proficiency in Microsoft Products; with strong skills in Excel.
  • Capacity to learn departmental software systems and databases, including but not limited to financial, CRM, loan accounting, underwriting, and other data management software.
  • Experience with the successful implementation of financial software.

EXPERIENCE

  • B.A., Accounting.
  • Minimum of 15 years of recent experience in accounting and finance.
  • Thorough understanding of accounting principles, financial analysis, risk analysis, risk management, and compliance regulations
  • Experience with investors and grants management
  • Minimum of 5 years Supervisory experience required managing a team.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • While performing the duties of this job, the employee is frequently required to stand, sit, talk, and hear.
  • The employee is occasionally required to move about the office; use hands and fingers to feel, handle, or operate office equipment.
  • Specific vision abilities required by this job include close vision and the ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • The work is performed primarily in an office or client business setting. The noise level in the work environment is moderate.
  • Must provide leadership in emergency or crisis situations.
  • Subject to many interruptions
  • Subject to irregular hours

 The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position. The team member profile does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

Diversity & Inclusion: SACA is committed to having an inclusive workplace where all employees are treated with dignity and respect. As an Equal Opportunity Employer, SACA does not discriminate in its hiring or employment practices on the basis of actual or perceived race, color, creed, ancestry, national origin, citizenship, sex or gender (including pregnancy, childbirth, and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, religion, age, disability, genetic information, service in the military, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

 EEOE

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