Chief Financial Officer (CFO)

The HOPE ProgramBrooklyn, NY
8h$130,000 - $160,000Onsite

About The Position

HOPE is seeking a talented, experienced financial professional to serve as Chief Financial Officer. The CFO will oversee all financial reporting, budgeting, forecasting, financial analysis, government grant management, and compliance requirements while working closely with the Executive Director and Board of Directors to develop and implement financial strategies that support the organization's mission and goals. This is an exceptional opportunity for an experienced finance professional seeking a meaningful interim assignment with a high-impact nonprofit organization that is positioned for growth.

Requirements

  • Passion for HOPE's mission and commitment to empowering individuals living in poverty
  • Bachelor's degree in Accounting, Finance, or related field; MBA or CPA strongly preferred
  • Minimum 10 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization
  • Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
  • Strong understanding of nonprofit filing practices, Generally Accepted Accounting Principles, and relevant laws, regulations, and compliance requirements
  • Demonstrated leadership and management skills, with experience building and leading high-performing teams
  • Advanced proficiency in Microsoft Excel, PowerPoint, and financial management software
  • Excellent analytical, problem-solving, and decision-making skills
  • Strong written and oral communication skills, with the ability to communicate financial information to non-financial stakeholders
  • Ability to work independently and provide effective leadership during transitional periods

Nice To Haves

  • Experience with NetSuite and Salesforce
  • Advanced degree (MBA, MSF) or professional certification (CPA, CMA)
  • Previous interim or temporary executive experience
  • Experience in workforce development or social services sector
  • Experience with government contracts and grant funding
  • Passionate interest in mentoring others and working as a team

Responsibilities

  • Financial Management Develop and implement financial strategies that support HOPE's mission and goals during the transitional period
  • Manage and oversee all financial operations, including accounting, budgeting, forecasting, government grant management, and financial analysis
  • Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
  • Oversee all fiscal matters, including monitoring of revenues and expenses, government and contract funding, and cash flow projections
  • Review, update and administer financial systems and effective internal controls including budget setting and tracking, expenditure approvals processes, record-keeping and reporting
  • Manage relationships with external partners, including banks, auditors, and other financial service providers
  • Perform all treasury functions including maintaining appropriate liquidity levels
  • Financial Reporting & Compliance Ensure accurate and timely preparation of monthly financial statements and prepare and present financial reports to the Executive Director and Board of Directors, providing analysis and recommendations as needed
  • Oversee annual audit, all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations
  • Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
  • Budgeting and Forecasting Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets
  • Monitor actual performance against budget and provide regular updates and analysis to the Executive Director and Board of Directors
  • Develop and maintain financial forecasting models that support long-term financial planning and decision-making in accordance with the strategic plan as well as the conditions on the ground
  • Strategic Planning and Leadership Work closely with the Executive Director and senior leaders to develop and implement strategic plans and goals that support HOPE's mission and vision
  • Analyze HOPE operations, using internal and external data to identify opportunities for improvement and apply best business practices so that HOPE can meet goals outlined in strategic plan
  • Lead development of financial strategies to address internal/external issues that significantly impact The HOPE Program
  • Provide leadership and mentorship to existing finance staff, fostering a culture of continuous improvement and professional development
  • Board Relations and Reporting Report on the financial performance of the organization to the Finance Committee and the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
  • Work closely with the Investment Committee to monitor performance of the endowment portfolio and ensure it adheres to current Investment Policy
  • Collaborate with the Executive Director and Board of Directors to develop and implement financial policies and procedures that align with the organization's values and strategic goals
  • Continuity Management Document financial processes and procedures for organizational continuity
  • Mentor existing finance team and prepare systems for eventual permanent hire transition
  • Other duties as assigned

Benefits

  • HOPE provides a full package of benefits including healthcare,vision and dental insurance, retirement plan, competitive vacation (plus half-day Fridays during July and August), and 12 paid holidays.
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