POSITION SUMMARY:
The Chief Financial Officer is an analytical and mission-driven leader who serves as an integral member of the senior management team. The CFO enforces the strategic goals with an annual budget of $10.5 million to end generational poverty. The CFO develops financial models that reshape and accelerate revenue results and ensure strong financial practices. The CFO creates and manages a team that delivers United Way’s financial management processes including financial planning, budgeting, MIS, analysis, employee benefits, compensation, new revenue channels and policy matters. The CFO partners with the chairs of the Finance committee to improve financial results.
ESSENTIAL FUNCTIONS:
Strategy
• Partner with the President on all operational and strategic issues as they arise; provide recommendations to the president based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
• Oversee long-term budgetary planning and cost management in alignment with the strategic plan.
• Engage the department heads of Resource Development and Community Impact to match revenue with mission-oriented projects.
• Engage the Finance committee around issues, trends, best practices to enhance workplace tools.
Financial and Operational Management
• Day-to-day collaboration and hands-on financial accounting for the organization.
• Research and design of financial models to report performance of business results linked to community impact, as well as, exploring new sources of revenue.
• Adherence to United Way Worldwide standards in finance and reporting, as well as, ensuring the financial practices reflect UWGG’s values.
• Implementation of annual operating budgets, internal controls and procedures with the CEO.
• Prepare budgets based on multiple streams of revenue and oversee the implementation of budgets to monitor progress and present operational metrics both internally and externally.
• Ensure that finance staff maintains financial ledgers and systems in accordance with Generally Accepted Accounting Principles and monitor the use of all funds.
• Participate and direct the preparation and approval of all monthly, annual, and ad hoc financial reporting materials for internal review and approval by the UWGG Board of Directors.
• Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
• Coordinate all audit and tax related activities.
• Collaborate with Human Resources on items such as payroll, compensation packages and fringe benefits.
• Review all formal finance and IT related policies, procedures, and processes. Make recommendations for improvements to the systems to drive greater efficiency and effectiveness.
• Conduct and coordinate monthly Finance Committee meeting agenda outlining financial performance.
• Manage banking and third-party vendor relationships.
• Direct external reporting and filing requirement including UWW, SECC, IRS and PCI Compliance.
• Direct all facility related areas, including building, property, security, and safety.
• Oversee day-to-day operational activities, including office management and tenant relations.
• Direct IT related systems including data security and management.
Team Management
• Develop and manage direct staff, to include Director of Finance, IT, AP and AR, as well as act as a supportive business partner to other groups.
• Engage other members of the senior management team to facilitate cross-department collaboration that ensures that all financial and IT solutions positively support UWGG’s evolving strategy, operational delivery, and data collection needs.
• Engage organization to ensure that all facility, security, and operational needs are met.
OTHER DUTIES:
• Other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES:
• Mature and proactive business partner to the chief executive.
• Effective analytical skills and experience interpreting a strategic vision into an operational model.
• Expertise in cash management, internal controls, budgets and planning, receivables management and financial statement preparation.
• Passion for developing a team of professional.
• Collaborative and flexible work style.
• Hands-on manager with a desire to work in a dynamic, mission-driven environment.
• Effective communicator, with strong oral and written skills.
• Commitment to the social sector.
• Willingness to study best practices and solutions to reduce generational poverty.
• Advanced skills in Microsoft Office products.
• Proficiency and knowledge – general ledger, CRM, payroll, ACH, etc.
• Must be dedicated to mission of United Way of Greater Greensboro.
• Must demonstrate professional maturity and personal accountability.
• Thorough appreciation and acceptance of, and commitment to, diversity.
EDUCATION AND EXPERIENCE REQUIREMENTS:
• BS and CPA and/or CMA required; an MBA would be a plus.
• Minimum of five (5) years progressive financial operations experience, and experience in a managerial position with supervisory responsibilities.
• Experience with non-profit accounting.