Chief Financial Officer

CaracoleCincinnati, OH
Hybrid

About The Position

The Chief Financial Officer (CFO) is responsible for all aspects of agency financial management, with a current budget of $16M. This role involves developing and monitoring financial policies and procedures, managing agency cash flow and risk, developing the agency budget, and managing government grant budgets and billings. The CFO will produce financial reports for management staff, the board, and funders.

Requirements

  • Bachelor's degree or related progressive experience.
  • Minimum five years experience of financial management in the nonprofit arena.
  • Advanced computer, keyboarding, and mathematical skills.
  • Experience with SAGE or similar accounting systems.

Nice To Haves

  • 340B experience a plus.
  • CPA a plus, but not required.

Responsibilities

  • Serve as an active member of leadership and executive teams and provide leadership and guidance on all major strategic and financial matters concerning the agency.
  • Assure that all financial activities are consistent with Caracole mission.
  • Supervise Finance Department (approx. 2 staff); hire, train, support team members in carrying out financial needs of the agency.
  • Work with senior leadership and CEO in projecting annual and monthly budgets.
  • Prepare and monitor activity against all budgets.
  • Oversee all grant budgets and billings in line with all applicable regulations, processes and best practices.
  • Manage cash flow, use of the Line of Credit, bank accounts and corporate insurance.
  • Oversee all legally required tax and financial filings.
  • Oversee all accounts receivable and accounts payable including rents paid by clients and to landlords.
  • Manage agency financial risk including insurance policies and agency 401k retirement fund.
  • Provide staff support to the Board Finance Committee.
  • Produce financial reports for board meetings.
  • Maintain and update Agency Financial Policy and Procedure Manual.
  • Coordinate all activities with accounting firm performing annual audit.
  • Produce monthly financial reports for each program.
  • Coordinate with Chief Operating Officer and HR to manage employee pay and benefits.
  • Management pay schedule to consultants and vendors.
  • Maintain confidentiality.
  • Produce quarterly and year-to-date financial reports for Board of Directors.
  • Oversee payroll, banking relationships, and broader financial systems administration.
  • Oversee government and private grant restrictions, compliance requirements, and funding accountability.
  • Complete other duties as assigned by CEO.

Benefits

  • Hybrid work environment: in office and at home, with a paid lunch hour.
  • Competitive pay; annual increases, on-demand pay advances.
  • Medical health insurance, dental, and vision.
  • Short-term disability insurance, long-term disability insurance, life insurance, and employee assistance program (at no cost to the employee).
  • 401k retirement plan with a company match.
  • Paid paternity leave.
  • Generous paid time off includes 11 paid holidays, up to 5 weeks of sick and vacation time off in your first year, and one community service day every year.
  • Reimbursements for work-related mileage and cellphone costs.
  • Nonprofit student loan forgiveness program.
  • Annual training allowance for all staff to continue their education.
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