Esperanza United
Chief Financial Officer (CFO)
Esperanza United, Saint Paul, Minnesota, United States, 55199
Job Announcement:
Chief Financial Officer (CFO)
Status:
Full-time, exempt
Salary:
$145,000 - $165,000, depending on experience
Location:
Twin Cities, MN. Esperanza United’s main office in St. Paul, MN (hybrid option available).
Reports to:
President/CEO
Supervises:
Accounting Staff
Position overview
The Chief Financial Officer (CFO) serves as a key member of the executive leadership team. The CFO is the lead financial position for Esperanza United and is responsible for managing the financial operations of the organization, ensuring the organization’s financial health and sustainability. The CFO oversees all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. A key responsibility is to ensure all government awards and all subrecipient grants are accurately tracked and drawdowns are completed on a timely basis. The CFO will work closely with the President/CEO, executive level team, and Board Finance Committee to develop and implement financial strategies that support the organization’s mission and goals.
Key responsibilities
Financial management
Develop and implement financial strategies that support the organization’s mission and goals
Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
Ensure all financial information related to government grants and re-granting project(s) from reviews to drawdowns to follow up is accurate and timely
Prepare and present financial reports to the President/CEO, the Finance Committee, and Board of Directors, providing analysis and recommendations as needed
Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
Manage relationships with external partners, including banks, auditors, and other financial service providers
Budgeting and forecasting
Develop and oversee the annual budgeting process, working closely with the executive team, program managers and other stakeholders to develop realistic and achievable budgets
Monitor actual performance against budget and provide regular updates and analysis to the President/CEO, key staff, and Board of Directors
Develop and maintain financial forecasting models that support long-term financial planning and decision-making
Strategic planning and leadership
Work closely with the President/CEO and senior leadership to develop and implement strategic plans and goals that support the organization’s mission and vision
Lead the Finance Committee, collaborating with the Board Treasurer and other committee members to provide strategic financial guidance and support to the organization
Provide leadership and mentorship to the finance team, fostering a culture of continuous improvement and professional development
Collaborate with other senior leaders to develop and implement strategies that support the organization’s mission and goals
Board relations and reporting
Report on the financial performance of the organization to the Treasurer, Finance Committee, and Board of Directors, by providing regular updates on budget performance, forecasts, and financial risks and opportunities
Collaborate with the President/CEO, senior leadership, and Board of Directors to develop and implement financial policies and procedures that align with the organization’s values and strategic goals
Represent the organization at internal and external events and meetings, providing financial guidance and support as needed
Tax filing and compliance
Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements
Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations
Qualifications
Bachelor’s degree in accounting, finance, or related field; MBA or CPA strongly preferred
At least 10 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization
Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
At least 4 years performing and overseeing federal grants management; more extensive experience a plus
Strong leadership and management skills, with experience building and leading high-performing teams
Supervisory experience of financial teams
Excellent analytical, problem-solving, and decision-making skills
Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders
Experience working with and training diverse staff
Operations and administrative experience a plus
Passion for the mission and work of the organization
Passionate interest in mentoring others and working as a team
Bilingual English/Spanish a plus
Work environment
Esperanza United strives for a diverse, equitable, and inclusive work environment and does not discriminate on the basis of race, color, religion, creed, national origin, sex, age, (dis)ability, marital status, sexual orientation, gender identity, language, place of residence, political affiliation, veteran status, status regard to public assistance, or any other class protected by local, state, or federal law.
The above statements are not intended to encompass all functions and qualifications of this position; rather, they are intended to provide a general framework of the requirements of the position. Job incumbents may be required to perform other functions not specifically addressed in this job description. Esperanza United offers a highly competitive salary and benefits, commensurate with experience and skills.
Travel requirements
Travel not required.
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Chief Financial Officer (CFO)
Status:
Full-time, exempt
Salary:
$145,000 - $165,000, depending on experience
Location:
Twin Cities, MN. Esperanza United’s main office in St. Paul, MN (hybrid option available).
Reports to:
President/CEO
Supervises:
Accounting Staff
Position overview
The Chief Financial Officer (CFO) serves as a key member of the executive leadership team. The CFO is the lead financial position for Esperanza United and is responsible for managing the financial operations of the organization, ensuring the organization’s financial health and sustainability. The CFO oversees all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. A key responsibility is to ensure all government awards and all subrecipient grants are accurately tracked and drawdowns are completed on a timely basis. The CFO will work closely with the President/CEO, executive level team, and Board Finance Committee to develop and implement financial strategies that support the organization’s mission and goals.
Key responsibilities
Financial management
Develop and implement financial strategies that support the organization’s mission and goals
Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
Ensure all financial information related to government grants and re-granting project(s) from reviews to drawdowns to follow up is accurate and timely
Prepare and present financial reports to the President/CEO, the Finance Committee, and Board of Directors, providing analysis and recommendations as needed
Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
Manage relationships with external partners, including banks, auditors, and other financial service providers
Budgeting and forecasting
Develop and oversee the annual budgeting process, working closely with the executive team, program managers and other stakeholders to develop realistic and achievable budgets
Monitor actual performance against budget and provide regular updates and analysis to the President/CEO, key staff, and Board of Directors
Develop and maintain financial forecasting models that support long-term financial planning and decision-making
Strategic planning and leadership
Work closely with the President/CEO and senior leadership to develop and implement strategic plans and goals that support the organization’s mission and vision
Lead the Finance Committee, collaborating with the Board Treasurer and other committee members to provide strategic financial guidance and support to the organization
Provide leadership and mentorship to the finance team, fostering a culture of continuous improvement and professional development
Collaborate with other senior leaders to develop and implement strategies that support the organization’s mission and goals
Board relations and reporting
Report on the financial performance of the organization to the Treasurer, Finance Committee, and Board of Directors, by providing regular updates on budget performance, forecasts, and financial risks and opportunities
Collaborate with the President/CEO, senior leadership, and Board of Directors to develop and implement financial policies and procedures that align with the organization’s values and strategic goals
Represent the organization at internal and external events and meetings, providing financial guidance and support as needed
Tax filing and compliance
Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements
Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations
Qualifications
Bachelor’s degree in accounting, finance, or related field; MBA or CPA strongly preferred
At least 10 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization
Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
At least 4 years performing and overseeing federal grants management; more extensive experience a plus
Strong leadership and management skills, with experience building and leading high-performing teams
Supervisory experience of financial teams
Excellent analytical, problem-solving, and decision-making skills
Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders
Experience working with and training diverse staff
Operations and administrative experience a plus
Passion for the mission and work of the organization
Passionate interest in mentoring others and working as a team
Bilingual English/Spanish a plus
Work environment
Esperanza United strives for a diverse, equitable, and inclusive work environment and does not discriminate on the basis of race, color, religion, creed, national origin, sex, age, (dis)ability, marital status, sexual orientation, gender identity, language, place of residence, political affiliation, veteran status, status regard to public assistance, or any other class protected by local, state, or federal law.
The above statements are not intended to encompass all functions and qualifications of this position; rather, they are intended to provide a general framework of the requirements of the position. Job incumbents may be required to perform other functions not specifically addressed in this job description. Esperanza United offers a highly competitive salary and benefits, commensurate with experience and skills.
Travel requirements
Travel not required.
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