Description

The CFO will provide organizational leadership and oversight in the following areas:

Financial Management:

• Provides financial leadership, oversight, a high level of business acumen, and support to the CEO and the leadership team
• Oversight of all financial accounting, creation and review of all financial statements, and assist in strategic planning that aligns with organizational goals
• Prepare and present detailed financial reports to the Board of Trustees and executive leadership
• Attend and lead, when required, the Investment Committee meetings and submit the minutes for approval
• Minimize all categories of risk; operational, entity-level, financial, compliance, and environmental
• Maintains strong internal controls and suggests process improvements when required
• Manage cashflow, cost containment, and liquidity forecasting
• Oversees accounts payable, accounts receivable, payroll, the general ledger and all reconciliations
• Oversees annual budget creation, review, completion, and final presentation to the Board of Trustees for approval
• Oversight of fiscal sponsorship relationships
• Produce financial and organizational metrics, trend reports, various financial and operational analysis
• Support data-driven decision making
• Review investments, performance statements, and monitors the investment spend rate
• Manages relationship with Outsourced Chief Investment Officer (OCIO) and bankers 

Legal and Regulatory Compliance:

• Ensures compliance with all regulatory and legal requirements across all the states that SEF operates in
• Keeps current on regulations relevant to non-profit entities and public foundations to ensure regulatory compliance and adhere to all report filling deadlines
• Oversee all financial audits including the 2.CFR.200 federal audit
• Filing of annual returns; ERISA 5500, IRS 990, IRS 990-T, NYS CHAR500, IRS W-3, and IRS 1096
• Issue W-2’s and 1099’s in accordance with IRS requirements
• Oversee RFP process for new audit firm, when applicable
• Ensure the Record Retention and Destruction Policy is complied with and is updated as needed
• Ensures all government surveys are completed

Human Resources and Information Technology:

• Oversee the development and execution of comprehensive HR strategies aligned with organizational objectives
• Oversees and can also perform, if needed, human resources functions, talent acquisition, onboarding, performance management, and terminations
• Negotiates all employee benefit plans for optimal coverage with efficient cost structures
• Oversee compensation structures and labor relations
• Work with CEO and COO in broader efforts to develop staff, set organizational culture, and to promote teamwork across the organization
• Develop and enforce HR policies, procedures, and compliance frameworks
• In partnership with CEO and COO, strategize organizations succession planning and leadership training initiatives
• Develop technology strategy to support organizational needs
• Ensure entity operating systems are secure to prevent intrusions, as best possible
• Oversee procurement and deployment of all technology assets
• Maintain optimal relationship and visibility with all technology vendors 

Leadership and Organizational Management:

• Serves as a key member of the leadership team, acting as a strategic thought leader in coordination with the CEO and COO
• Directly supervise and manage all direct reports, including accounting staff and other financial support personnel, with clear performance management, goal-setting, and accountability measures
• Provide regular coaching, mentoring, and professional development opportunities to enhance finance team members' technical skills and career growth
• Foster a collaborative, high-performance culture within the financial operations team that emphasizes accuracy, efficiency, and continuous improvement
• Ensure consistent quality and excellence in fiscal administration and operations
• Support CEO, COO, and Development Officer in cultivating existing relationships and developing new funder relationships, as needed
• Champion change management initiatives and foster innovation within the organization
• Perform other duties as assigned by the CEO 

Requirements

• Bachelor’s degree required in accounting, finance, or business administration with an emphasis in accounting
• Possess eight or more years senior management experience in an accounting or finance role within the nonprofit sector
• Certification as a Certified Public Accountant (CPA) or Certified Management Accountant (CMA) license is strongly preferred
• Excellent written and verbal communication skills
• Exceptional knowledge of finance, accounting, budgeting, financial systems, human resource operations, and adherence to GAAP
• Advanced comprehension of financial transactions and accounting best practices, encompassing relevant laws, standards, and both state/national regulations
• Strong analytical skills to develop, assess, and implement process enhancements or strategic recommendations
• Proven ability to collaborate effectively with senior executives and team members, as well as mentor/lead other team members
• Excellent proficiency in computer applications, particularly the Microsoft Office Suite; familiarity with MIP Fund Accounting (Abila), Sage, or other fund accounting software is an asset
• Highly organized with strict attention to detail
• Commitment to cost containment and excellent project management skills
• Demonstrated ability to remain objective, focused, and composed under pressure
• Consistently demonstrates ethical conduct and integrity
• Committed to advancing equity and excellence in educational opportunities for low-income students in the South