Chief Financial Officer

Action for Boston Community Development•Boston, MA

7d•$210,000 - $240,000•Onsite

About The Position

The Chief Financial Officer (CFO) manages ABCD’s finance, accounting, budgeting, payroll, treasury, and related functions. This hands-on role operates within a fast-paced, complex organization with multiple government and private funding sources. The position oversees fiscal operations, financial reporting, budgeting, staff development, and strategic financial planning, and works closely with organizational leadership, program departments, external financial partners, and the board’s Finance Committee. This is a full-time, salaried, exempt, on-site position at ABCD’s headquarters on Tremont Street in Boston.

Requirements

Ten to fifteen years of senior fiscal leadership experience, including prior experience in a CFO role.
Experience at a social service agency or other nonprofit of ABCD’s scale, with diverse revenue streams, complex reporting requirements, and exacting compliance.
Bachelor’s degree in accounting or a related field.
Deep understanding of nonprofit accounting, government and private grant funding and reporting, the regulatory environment, and compliance.
Strategic financial thinking and understanding of the external environment and financial trends.
Strong financial systems knowledge.
Track record of timely monthly closings and clean annual audits.
Ability to design and implement financial policies, systems, and procedures.
Skill in analyzing departmental needs, promoting process improvement, creating efficient and accountable structures, and facilitating change management.
Organized, hands-on leadership ability, including managing multiple priorities and adapting in a fast-moving environment.
Experience training, cultivating, and building finance staff.
Ability to delegate effectively and hold staff accountable to agreed-upon goals.
Ability to lead through influence and gain buy-in when change is required, including in environments where resistance or silos may exist.
Strong communication and interpersonal skills, including the ability to clearly communicate financial information to non-finance staff.
Ability to collaborate with program directors and integrate finance into broader programmatic goals.
Approachable, understanding, and supportive leadership style, with alignment to ABCD’s mission and culture.

Nice To Haves

CPA, another accounting certification, and/or an MBA.
Exposure to Financial NXT.

Responsibilities

Oversee the fiscal team and establish and implement financial management policies and procedures that maintain appropriate controls and comply with GAAP and applicable state and federal regulations.
Identify and evaluate opportunities to improve financial operations, recordkeeping, and reporting.
Maintain financial procedures and internal controls for cash, banking activities, and investments to ensure adequate liquidity and sound investment decisions and performance.
Develop and maintain a comprehensive cost allocation plan and recordkeeping system that complies with donor requests, regulations, accounting practices, and contractual requirements.
Ensure assets are maintained and accounted for, including maintaining an inventory of fixed assets.
Lead the external audit process, serve as the primary contact for independent auditors, and ensure the accuracy of financial statements, including Form 990.
Manage and supervise the financial aspects of human resources, including payroll processing.
Oversee annual budget planning with fiscal staff and program leadership, developing income and expense projections.
Provide monthly financial results against budget and recommend actions to maintain ABCD’s fiscal health.
Work with departmental leaders to develop, track, and report key performance indicators and trends.
Support donor and grant solicitation and reporting, including monitoring contributed funds to ensure donor restrictions are met.
Manage, review, and mentor fiscal staff and provide professional development opportunities.
Set performance and growth goals for employees within the CFO’s areas of responsibility and foster a positive, service-oriented team environment.
Support senior leaders with fiscal decision-making, scenario planning, and financial analysis to help optimize resources in support of ABCD’s mission.
Participate in the senior leadership team and strategic activities and initiatives.
Attend board meetings and serve as liaison to the board’s Finance Committee, providing fiscal and operational insight.
Represent ABCD to external financial partners, including banks, insurance companies, and benefit companies.
Support administration in procuring adequate workers’ compensation, property, and liability insurance coverage.
Develop and negotiate overhead rates with federal agencies.