On behalf of our client, D.A. Blodgett – St. John’s, we are conducting a search for a Chief Financial Officer to join their leadership team in Grand Rapids, Michigan. The CFO oversees a $15 million operating budget consisting of multiple revenue sources including state and local contracts, grants, restricted and unrestricted donations, and endowment income. The position works in a fulfilling and highly supportive partnership with the executive leadership team, division directors, managers, and the Board of Directors. The CFO legacy will contribute strategic, analytical, transactional, and systems contributions, and provide a sustainable financial and organizational infrastructure that meets mission needs, goals, and aspirations over time. The position reports directly to the CEO and leads the accounting team, the facilities, and IT team leaders.
- Direct the agency’s financial process in cooperation with the leadership and Board of Directors including: financial forecasting, evaluation and optimization of cash flow and liquidity, establishing annual priorities, timely development and communication of annual budgets by program, producing monthly financial statements measuring projections against actual performance, and providing effective guidance towards bringing performance into compliance with budget.
- Develop and lead a top-tier Finance Team to a level of excellence in supporting programs, financial reporting, payments, billing and collections, and clean audits.
- Prepare agendas and financial reports for the Board of Directors Finance and Audit committees. Lead these meetings and obtain required Board approval for required financial decisions.
- Keep current with trends in the nonprofit financial sector by attending conferences, participating in professional development, collaborating with community finance and CFO groups and sharing this information with the Finance Team and leadership.
- Utilize technology, particularly Excel with pivot tables, lookups, and filtering to optimize all reporting and analytical functions.
- Oversee facilities management and IT department leaders to support fiscal planning and correctly allocated resources to best support organizational strategy and program support.
- Ensure financial compliance with all regulatory and legal rules, standards, and benchmarks.
- Coordinate the annual financial and benefit audits and assure any suggested improvements are followed-up on and achieved.
- Create budgets as required for grant applications, Request for Quotes (RFQ), and Request for Proposals (RFP) and comply with timelines and content for all required funding source financial reports.
- Support programs with tools needed to affect fiscal health, including creating and/or revising fiscal modeling for programs and departments.
- Create and support a 10-year capital plan for the organization.
- Supports Human Resources in areas such as payroll and worker benefits.
- Maintains liability coverage for the organization with vendors.
- Maintain a comprehensive Fiscal Policies and Procedures manual.
- Explore and advise how the organization can invest its reserves and resources by building relationships with banks and outside consultants and others as beneficial to the agency.
- Oversee and maintain all facets of the organization’s accounting processes, including accounts receivable, accounts payable, general ledger, and payroll.
- Manage the accounting for trusts and donations to restricted funds.
- Review contracts and assure the agency has the ability to meet required financial reporting.
- Coordinate the investment review of the agency’s 403b retirement plan and manage participant contributions, distributions, and required annual disclosures.
- Calculate merit raise distributions in coordination with the Human Resources department.
- Supports and influences organizational strategy focus areas related to all organizational values, including EDI and Trauma informed work (i.e., Sanctuary Model implementation) alongside executive leadership.
Supervision Received: Limited Direction – Works from overall policies, goals, and budgetary limits. Virtually self-supervising with direct accountability for final results.
Supervisory Responsibilities: Advanced supervision – Determines work assignments, priorities, and procedures for subordinates; ensuring quality and quantity of work. Holds decision-making authority for employee life-cycle activities including hiring, training, promotions, compensation.
Qualifications + Competencies
Minimum Qualifications
- Bachelor’s degree in Accounting or Finance and either credentialed as a Certified Public Accountant (CPA) or completion of Masters of Business Administration (MBA) degree.
- Ten years of total accounting/finance experience including 5 years of senior financial leadership experience.
- Excellent skills in Excel, accounting software, and basic technologies.
- Supportive of the organization's mission, vision, and values.
- Strategic decision maker.
- Bridge builder.
- Change manager.
- Collaborative leader.
- Strong writing, speaking, presentation, and interpersonal skills.
Core Competencies
- Working Under Pressure: Ability to maintain composure when exposed to stress.
- Leadership: Ability to motivate and guide others to ensure performance in accordance with clear expectations and goals; providing timely guidance and feedback.
- Decision Making: Ability to select and commit to an effective course of action by understanding issues, comparing solutions, and drawing conclusions to resolve problems.
- Communication: Ability to effectively receive and express ideas, both written and verbal; using clear and concise vocabulary and active listening skills. Ability to communicate with small and large groups.
- Customer Service: A desire to serve others by focusing efforts on listening and responding effectively to questions, providing services, and evaluating customer satisfaction.
- Adaptability: Ability to fit into a changing work environment, priorities or organization needs by staying open-minded and being able to change based on new information.
- Planning and Organizing: Ability to set priorities and allocate resources properly to effectively achieve work responsibilities and objectives.
- Detail Orientation: Pay attention to detail, accuracy, and completeness.
About the Organization
Mission Statement: To help children and empower families by providing safety, advocacy, and support.
Vision: A safe, nurturing home for every child, a supportive community for every family.
Values:
- Exceptional Service: Client-focused and teaming at the center of our work.
- Equity, Diversity, & Inclusion: All are welcomed, valued, and belong.
- Excellence: Ongoing commitment to learning and improvement.
- Integrity: Responsibility and ownership of our actions and results.
- Creativity: Imagination, innovation, and intelligent risk-taking.
- Passion: Relentless positive energy toward our mission and vision.
Sanctuary Commitments:
- Nonviolence: Maintaining safety for all members of the community.
- Emotional Intelligence: Managing emotions so we don’t hurt ourselves or others.
- Social Learning: Together we accomplish more, we care for one another.
- Democracy: Everyone has a voice, not necessarily a vote.
- Open Communication: Respecting and sharing ideas of our team.
- Social Responsibility: Say what you mean, don’t be mean when you say it.
- Growth & Change: Creating hope for ourselves and the people we serve.
DABSJ is actively pursuing an inclusive and diverse workplace. They work to create an inclusive workplace free of discrimination where all are welcomed and belong. They do not discriminate on the basis of race, ethnicity, religion, national origin, age, gender, sexual orientation/identity, gender expression, height, weight, marital status, veteran’s status, disability, or other legally protected characteristic as required by law.
This job description does not list all duties of the job. Employees may be asked by management to perform other duties as needed. The Company reserves the right to revise this job description at any time. This job description is not a contract for employment and does not infringe upon the Company’s at-will employment status.
DABSJ has retained Palladian West to conduct the search; all interested candidates should submit their resume and [optional] cover letter to Angela Burke at aburke@palladianwest.com.
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