Community Foundation for Palm Beach and Martin Counties
Chief Financial Officer
Community Foundation for Palm Beach and Martin Counties, West Palm Beach, Florida, United States, 33412
Position Overview
The Chief Financial Officer (CFO) leads financial strategy, operational accounting and financial functions for the Community Foundation's $270M in net assets currently under management. Overseeing all financial administration, the CFO maintains robust internal controls, safeguards assets, manages our internal and external audit processes and ensures compliance with federal and state regulations. This executive role demands exceptional operational management, strategic planning, and collaborative leadership skills to drive the Foundation's mission and sustainable growth.
As a key executive, the CFO reports directly to the President/CEO, serves on the Leadership Team, and is the principal management representative to the audit, finance, and investment committees. This role requires close collaboration with leadership peers, advising departments on budget development and management to align financial decisions with organizational goals.
Essential competencies include:
Deep expertise in financial and accounting management, including comprehensive oversight of budgeting, reporting, and fiscal strategy implementation
Thorough understanding of non-profit regulations, laws, and governance guidelines, with proven ability to ensure organizational compliance and provide strategic guidance on best practices that uphold mission integrity
Demonstrated strategic vision and leadership capabilities, with experience driving organizational growth and managing complex initiatives
Substantial operational experience, including track record of successfully implementing systems and processes that enhance organizational efficiency
Advanced proficiency in data analysis and operational measurement, with demonstrated ability to translate complex insights into clear, actionable recommendations that drive meaningful improvements
Exceptional relationship-building abilities, with proven success fostering productive partnerships across all organizational levels and diverse stakeholder groups
More Specifically, our next CFO should be or do the following:
Mission Focused:
Understands our primary mission of helping the community, and seeks to partner with and support donors, non-profit organizations and all other stakeholders. Results Driven:
Makes timely and effective decisions and produces results required to advance the organization. Takes ownership of work from start to finish. Bring others along with focused intensity. Decision Making/Critical Thinking:
Makes informed decisions that appropriately consider the facts, goals, constraints, and risks. Relationship Building/Networking:
Builds constructive working relationships characterized by a high level of acceptance, cooperation, and mutual respect. Builds rapport by listening to, discussing and negotiating with, and rewarding, encouraging and motivating, others. Talent Management – Leadership:
Willingness to delegate responsibility, work with others, and coach to develop the capabilities of others. Provides helpful, behaviorally specific feedback to others. Shares information, advice, and suggestions to help others be more successful. Provides effective coaching. Provides assignments that will develop others’ abilities and competencies. Influencing Others:
Influences others to be excited about and committed to furthering the organization’s objectives; ability to gain others’ support for ideas, proposals, and solutions. Change Agent:
Prioritizes actions and decisions that move the organization forward. Embraces and rapidly adapts to new information, changing conditions, or unexpected obstacles. Develops and encourages new insights into situations, new ideas, and innovations. Questions conventional approaches. Strategic Thinking/Visioning:
Sees the big, long-range picture. Translates the vision for a program or initiative into clear strategies. Reliably forecasts future needs and devise plans to meet those needs. Analyzes options and decisions based on long-term goals and the mission of the organization. Operational Analytics:
Examines data to grasp issues, draw conclusions, and solve problems. Applies logic and complex layers of rules to analyze and categorize complicated information. Sees relationships between information in varied forms and from varied sources. Risk Management:
Identifies, assesses, and manages risk, while striving to attain objectives. Primary Responsibilities Strategic Leadership Participate as a Leadership Team member to provide strategic direction Guide financial strategy and oversight for $270M in assets currently under management Partner with investment advisors and committee chairs on portfolio management Develop and implement long-term financial, systems and reporting planning aligned with organizational goals Design sustainable fee structures and revenue models Operational Excellence Direct accounting, budgeting, reporting, audit, internal control, risk management and compliance functions Monitor overall financial performance of the company and oversee the preparation of reliable current and forecast reports to present to management, the board of directors and others as appropriate, including the Company’s annual budget and long-term financial model Partner with all business operations to ensure accurate and effective controls, accounting processes, systems, and procedures are in place Establish robust financial controls and risk management procedures Oversee annual audit process and tax filings Ensure accurate and timely financial and regulatory reporting Responsible for the internal oversight of the investment portfolio, ensuring proper governance, risk management, and compliance with financial policies. This includes monitoring investment performance, and implementing best practices to safeguard organizational assets Collaborative Management Partner with leadership team on departmental budget development and financial aspects of operational decisions Provide financial guidance to optimize resource allocation Present financial updates to the Board and committees Lead and develop a high-performing finance team People Management Lead and develop the finance team, ensuring high performance and professional growth Establish clear performance metrics and goals for finance department staff Promote cross-functional collaboration and knowledge sharing across the organization Create a culture that is consistent with the organization's focus on inclusive leadership and team member engagement and aligns with the organization's mission, vision and values Qualifications Required Bachelor’s degree in finance, Accounting, or related field; CPA or MBA preferred 10+ years of progressive financial leadership experience, with at least 5 years at a senior management level Demonstrated experience in nonprofit accounting and financial management Strong understanding of investment management and endowment operations Excellence in budget development, financial analysis, and forecasting Skills & Attributes Executive presence with superior communication and presentation skills Ability to translate complex financial concepts for non-financial audiences Strong analytical and strategic thinking capabilities Collaborative leadership style with proven ability to build relationships across a broad spectrum of constituents, both internally and externally. Detail-oriented with exceptional organizational skills Knowledge of nonprofit accounting principles and regulatory requirements “Hands-on” operational experience Strong knowledge of technology Technical Competencies Proficiency in financial management software and systems Advanced Excel and financial modeling skills Experience with fund accounting software Knowledge of investment management and reporting systems Working Relationships Reports directly to the President/CEO Serves as principal staff liaison to the Audit, Finance and Investment Committees and attends most other Committee meetings Works closely with senior leadership team Regular interaction with Board members and external stakeholders Manage relationships with auditors, investment advisors, and banking partners Physical Requirements & Work Environment Primary work location is in the office Occasional evening and weekend work required for Board and Committee meetings Limited travel may be required for professional development and conferences The Community Foundation is an Equal Opportunity Employer and values diversity in our workplace.
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Understands our primary mission of helping the community, and seeks to partner with and support donors, non-profit organizations and all other stakeholders. Results Driven:
Makes timely and effective decisions and produces results required to advance the organization. Takes ownership of work from start to finish. Bring others along with focused intensity. Decision Making/Critical Thinking:
Makes informed decisions that appropriately consider the facts, goals, constraints, and risks. Relationship Building/Networking:
Builds constructive working relationships characterized by a high level of acceptance, cooperation, and mutual respect. Builds rapport by listening to, discussing and negotiating with, and rewarding, encouraging and motivating, others. Talent Management – Leadership:
Willingness to delegate responsibility, work with others, and coach to develop the capabilities of others. Provides helpful, behaviorally specific feedback to others. Shares information, advice, and suggestions to help others be more successful. Provides effective coaching. Provides assignments that will develop others’ abilities and competencies. Influencing Others:
Influences others to be excited about and committed to furthering the organization’s objectives; ability to gain others’ support for ideas, proposals, and solutions. Change Agent:
Prioritizes actions and decisions that move the organization forward. Embraces and rapidly adapts to new information, changing conditions, or unexpected obstacles. Develops and encourages new insights into situations, new ideas, and innovations. Questions conventional approaches. Strategic Thinking/Visioning:
Sees the big, long-range picture. Translates the vision for a program or initiative into clear strategies. Reliably forecasts future needs and devise plans to meet those needs. Analyzes options and decisions based on long-term goals and the mission of the organization. Operational Analytics:
Examines data to grasp issues, draw conclusions, and solve problems. Applies logic and complex layers of rules to analyze and categorize complicated information. Sees relationships between information in varied forms and from varied sources. Risk Management:
Identifies, assesses, and manages risk, while striving to attain objectives. Primary Responsibilities Strategic Leadership Participate as a Leadership Team member to provide strategic direction Guide financial strategy and oversight for $270M in assets currently under management Partner with investment advisors and committee chairs on portfolio management Develop and implement long-term financial, systems and reporting planning aligned with organizational goals Design sustainable fee structures and revenue models Operational Excellence Direct accounting, budgeting, reporting, audit, internal control, risk management and compliance functions Monitor overall financial performance of the company and oversee the preparation of reliable current and forecast reports to present to management, the board of directors and others as appropriate, including the Company’s annual budget and long-term financial model Partner with all business operations to ensure accurate and effective controls, accounting processes, systems, and procedures are in place Establish robust financial controls and risk management procedures Oversee annual audit process and tax filings Ensure accurate and timely financial and regulatory reporting Responsible for the internal oversight of the investment portfolio, ensuring proper governance, risk management, and compliance with financial policies. This includes monitoring investment performance, and implementing best practices to safeguard organizational assets Collaborative Management Partner with leadership team on departmental budget development and financial aspects of operational decisions Provide financial guidance to optimize resource allocation Present financial updates to the Board and committees Lead and develop a high-performing finance team People Management Lead and develop the finance team, ensuring high performance and professional growth Establish clear performance metrics and goals for finance department staff Promote cross-functional collaboration and knowledge sharing across the organization Create a culture that is consistent with the organization's focus on inclusive leadership and team member engagement and aligns with the organization's mission, vision and values Qualifications Required Bachelor’s degree in finance, Accounting, or related field; CPA or MBA preferred 10+ years of progressive financial leadership experience, with at least 5 years at a senior management level Demonstrated experience in nonprofit accounting and financial management Strong understanding of investment management and endowment operations Excellence in budget development, financial analysis, and forecasting Skills & Attributes Executive presence with superior communication and presentation skills Ability to translate complex financial concepts for non-financial audiences Strong analytical and strategic thinking capabilities Collaborative leadership style with proven ability to build relationships across a broad spectrum of constituents, both internally and externally. Detail-oriented with exceptional organizational skills Knowledge of nonprofit accounting principles and regulatory requirements “Hands-on” operational experience Strong knowledge of technology Technical Competencies Proficiency in financial management software and systems Advanced Excel and financial modeling skills Experience with fund accounting software Knowledge of investment management and reporting systems Working Relationships Reports directly to the President/CEO Serves as principal staff liaison to the Audit, Finance and Investment Committees and attends most other Committee meetings Works closely with senior leadership team Regular interaction with Board members and external stakeholders Manage relationships with auditors, investment advisors, and banking partners Physical Requirements & Work Environment Primary work location is in the office Occasional evening and weekend work required for Board and Committee meetings Limited travel may be required for professional development and conferences The Community Foundation is an Equal Opportunity Employer and values diversity in our workplace.
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