Chief Financial Officer

The Arc of Madison County•Huntsville, AL

About The Position

The Chief Financial Officer leads and directs the areas of Administration and Accounting. Responsibilities include planning and administering the financial accounting and reporting systems. Along with the Treasurer and Executive Director, the Chief Financial Officer oversees management of the accounting records to meet the organization’s objectives in accordance with applicable laws and regulations. The Chief Financial Officer is responsible for the development, implementation and consistent application of appropriate accounting policies and procedures in accordance with generally accepted accounting principles and regulatory guidelines. The Chief Financial Officer participates, along with other members of the management team, in the overall financial and strategic planning of the organization and subsequent implementation of strategic objectives.

Requirements

A four-year degree in Business Administration, Accounting, Finance or a related field is required and a CPA designation is preferred.
Minimum of eight years general financial service experience in a non-profit, for-profit or public accounting position.
Leadership and supervisory experience is required.
Strong leadership and motivational capabilities.
Must have organizational skills and ability to communicate effectively both verbally and in writing.
Strong analytical, problem solving and decision-making capabilities.
Ability to work with advanced mathematical concepts.
Proficient reading, writing and grammar.
Thorough knowledge of generally accepted accounting principles, financial reporting standards and asset/liability management theory and terminology.
Must be proficient in Microsoft applications.

Responsibilities

Actively participate as a member of the senior management team in establishing strategic and short-term direction and in the general management of the Organization
Coach and support staff of the Administrative Department.
Work closely with members of the management team to assure inter-departmental cooperation and communication.
Oversee the finance and accounting activities of the organization.
Maintain internal accounting systems and procedures necessary for recording, monitoring and evaluating the agency’s financial performance
Assure compliance of accounting reporting and systems with generally accepted accounting principles and applicable regulatory directives
Prepare, review, and analyze financial report and information
Direct and coordinate the budget process
Supervise the payroll and retirement plan records and related reporting
Recommend enhancements/improvements to existing Finance Department processes and systems and oversee implementation
Act as a liaison with third party vendors who provide services to the department
Review and approve expenditures
Conduct analysis in the evaluation of new products and services.
Monitor and evaluate cash flow requirement, related depository and short-term investment balances and overall liquidity needs on a daily basis.
Prepare performance evaluations and conduct evaluation reviews.
Keep abreast of applicable laws, regulations and industry/economic trends that may be significant to the organization and assure that appropriate information is disseminated
Prepare invoices and vouchers on a timely basis to request funds from various funding sources. Ensure collection of contracted funds.
Maintain a working knowledge of the organization’s data processing system and software packages.
Coordinate the annual renewal and regular review/evaluation of the corporate insurance policy
Serve as a liaison to the Finance Committee, external auditors, federal and state examiners and any other appropriate individuals with regard to requests for access to the financial records.
Perform research and special projects as directed by the Executive Director
Attend Board of Directors meetings. Prepare and present formal reports on a regular and “as needed” basis
Supervise all administrative activities.
Monitor all financial contracts and grant awards. Ensure requirements are met including proper reporting. Review any modifications to existing contracts.
Establishes relations with banks and other financial institutions
Oversees and directs the preparation and issuance of the organization’s annual report.
Assist in educating the community about the organization and its services through public appearances and speaking engagements.
Be punctual and in attendance at work as scheduled
Other duties as assigned