Archdiocese Of Denver
Chief Financial Officer
Archdiocese Of Denver, Denver, Colorado, United States, 80285
Do you want to make a true difference in the world? Come join our team.
Are you ready for a career that gives you the freedom to openly live out your values, foster your spiritual life, AND excel at your work? Do you desire to work where you personally will make an eternal impact on the world?
As you look around, you may notice our societal underpinnings, cultural norms, and our overall ethos in America no longer supports and buoys up those seeking to follow Christ. At this pivotal point in history, there is an amazing opportunity to rediscover the power of the Gospel and to bring people to the saving grace and abundance of life in Jesus Christ. If you believe Christ is calling to live on mission for the glory of the Father, we’d love to meet you.
The Mission of the Archdiocese of Denver:
The Archdiocese of Denver exists so that in Jesus Christ all might be rescued and have abundant life, for the glory of the Father.
At the Pastoral Center of the Archdiocese of Denver, we seek to live this mission by living the following values:
Abide in Relationship: Having become sons and daughters of the Father in Baptism, we grow in relationship with him and our neighbor.
Be the Cavalry: Our desire is to build up God's Kingdom and to rescue our neighbor. The work to be accomplished is ours. No army is coming; we are the cavalry.
Confound the World: We recognize we’re on mission to proclaim the power of the Gospel in the modern wilderness, a hostile land which requires courage in the face of opposition. Our joyful, countercultural witness perplexes the world and plants seeds of curiosity about its origin.
You will love working here if you aspire and strive to live these values.
THE POSITION
The Chief Financial Officer (CFO) of the Archdiocese is the equivalent of a Diocesan Financial Officer pursuant to Canon Law. The CFO reports to the Chief Operating Officer, who serves as the attorney-in-fact to the Archbishop. The incumbent serves by Canonical appointment pursuant to Canon 494 made by the Archbishop in consultation with the Archdiocesan Finance Council (AFC) and the Archdiocesan College of Consultors. The CFO is responsible for the overall financial operations and strategy for the Archdiocese including the alignment of these services to the Archbishop's mission for the Archdiocese. These services include accounting; finance; budgeting; tax; treasury and cash management; debt placement and negotiation; planning and analysis; internal audit; legal compliance, insurance and risk management and information systems. Specifically, this executive will be responsible for ensuring that all financial systems and controls reflect best practices, as well as implementing financial controls and programs that enable flourishing of mission in the Archdiocese.
The CFO oversees the preparation of the annual operating budgets for various Archdiocesan entities, ensuring that the Archdiocese is a good steward of the assets entrusted to it and that each entity prepares at least a balanced budget based on sound financial assumptions and projections. The CFO also oversees the preparation of the Quarterly Financial Report to the members of the AFC and the annual public financial report published every year in The Denver Catholic. He or she works closely with the Director of Accounting of the Archdiocese in preparation and completion of the annual audits of the Archdiocese and its related ecclesiastical entities and trusts.
The CFO presents the various reports and analysis to the Archbishop, the Archdiocesan Finance Council and its sub-committees on a quarterly basis. In addition, the CFO serves on the following Archdiocesan committees and/or Boards of Archdiocesan related entities in order to promote financial guidance to both the respective Boards and the Archbishop pursuant to Canon Law:
Archdiocesan Finance Council and its sub-committees (Real Estate, Accounting & Audit, Investment, Project Finance and Review Committee).
Catholic Charities and Community Services (Member of the Finance Committee).
St. John Vianney Theological Seminary Board (Treasurer).
Redemptoris Mater House of Formation (Board Member).
Family of Nazareth, Inc. (Board Member).
Seeds of Hope Board of Trustees investment and finance committee member.
Irrevocable Revolving Fund Trust Management Committee (Primary facilitator for this Committee).
Priests Pension Retirement Plan Advisory Committee.
Lay Employees Money Purchase Pension Plan Advisory Committee.
Welfare Benefits Trust Advisory Committee.
Board of Members for the Archdiocesan Schools (Holy Family High School, Bishop Machebeuf High School, Frassati Catholic Academy and Blessed Miguel Pro Catholic Academy).
The position is directly responsible for the fiscal operations of the Archdiocese of Denver, a Colorado corporation sole (the Archdiocese), and the Archdiocese of Denver Management Corp. In addition, this position provides financial oversight for the fiscal operations of the following entities in collaboration with the respective entity's management personnel:
Saint John Vianney Theological Seminary.
Redemptoris Mater House of Formation.
AOD Mortuary at Mount Olivet, Inc.
The Mount Olivet Cemetery Association.
St. Simeon Cemetery Association.
AOD Cemeteries Perpetual Care Trust.
The Cemeteries PreNeed Trusts (3).
The AOD Irrevocable Revolving Fund Trust.
The AOD Welfare Benefits Trust.
The AOD Risk Management and Property/Casualty Insurance Trust.
The Saint John Paul II Center for the New Evangelization.
Camp St. Malo Religious Retreat and Conference Center, Inc.
Annunciation Heights.
Blessed Miguel Pro Catholic Academy.
Frassati Catholic Academy.
Holy Family High School.
Bishop Machebeuf High School.
Cabrini Teaching Fellows.
The CFO accomplishes fiscal administration and oversight in collaboration with seven directors who report to him or her. They include: Director of Accounting, Treasurer (Director of Cash, Debt and Investments), Director of Information Technology, Director of Legal, Risk and Compliance, Director of Internal Audit and Parish Advisory Services, Director of Parish Finance and Director of Data and Payment Operations.
The CFO values the Mission of the Church and the responsible stewardship of its assets and resources to help fulfill this mission and in doing so, upholds the Catholic social teachings of the Church. As such, the CFO refrains from promotion or approval of, or the living out of, any conduct or lifestyle that would reflect discredit or bring disgrace on, or cause scandal in relationship to, the Archdiocese of Denver, or considered to be in contradiction with Catholic doctrine or morals.
ESSENTIAL DUTIES
Essential duties and responsibilities of the CFO include:
Responsible for overseeing design and operation of overall financial control policies and procedures within the organization.
Work closely with the Chief Operating Officer on operationalizing the Mission of the Archbishop and his leadership team.
Reviews all business contracts, and other legal documents submitted to the Chief Operating Officer prior to their execution.
Analyzes financial and economic trends and their likely impact on future operations, and apprises the COO or the Archbishop, making recommendations when appropriate.
Oversees banking relationships of the Archdiocese (e.g., depositing and borrowing) as well as parish bank borrowings, including required bank compliance and quarterly reporting efforts.
Performs a variety of long-range financial planning exercises and analyses and informs the COO and/or the Archbishop of the financial implications.
Oversees all Archdiocesan investments in conjunction with the Investment Committee of the Archdiocesan Finance Council.
Oversight and coordination with the Director of Accounting the preparation of the quarterly and annual financial statements and overall financial reporting.
Oversees the parish internal audit and parish advisory services function.
Evaluates the efficiency of Archdiocesan and parish accounting procedures and implements appropriate changes in programming and personnel.
Works closely with the Superintendent of Catholic Schools and the Director of Parish Finance regarding multiple parish school issues.
In conjunction with the Directors of Construction and Real Estate reviews parish requests for all proposed construction/renovation projects and real estate acquisitions and disposals.
Prepares or reviews other parish correspondence and drafts appropriate responses for approval by the Chief Operating Officer.
Coordinates proper recording and acknowledgment of all gifts and bequests to the Archdiocese.
Reviews with the Executive Director of Human Resources provisions of the Archdiocesan lay retirement, health and dental benefits.
Reviews with the Vicar for Clergy and Executive Director of Human Resources the provisions of the Priest Pension Plan and retirement benefit plans for the clergy of the Archdiocese.
Reviews with the Director Legal, Risk and Compliance the property, liability and casualty insurance policies.
Reviews with the Director of Information Technology the data processing functions.
Assists the Archbishop, the COO and the chairperson of the AFC in staffing the Archdiocesan Finance Council and its various sub-committees.
On behalf of the Archbishop, reviews financial submittals from neighboring Dioceses.
On behalf of the Archbishop, coordinates the annual Deanery Report submittals.
Performs special projects as requested by the Archbishop and the COO.
The CFO is also responsible for the following as it pertains to the various entities with which the position has an interface:
Compliance with Particular Law and those policies and procedures contained in the Archdiocese of Denver Pastoral Handbook.
Provides and approves ongoing training and staff development.
Continual quality management and development of the finance and administrative function.
EDUCATION
Undergraduate degree in accounting, business administration, finance or economics; MBA would be desirable.
Attained a license as a Certified Public Accountant in career.
Minimum of ten years of experience managing a professional financial and accounting staff.
COMPETENCIES & QUALIFICATIONS
The CFO must be a Catholic, in communion with the Church according to the provisions of Canon 149, paragraph one of the Code of Canon Law. This individual must also display the following personal characteristics:
Thorough knowledge of accounting principles, practices and practical applications of accounting systems.
Proven experience in the preparation of financial reports and analysis of operations.
Demonstrated experience overseeing and participating in the development and implementation of data processing and management information systems.
The CFO needs to be a hard-working, results-oriented individual who has the ability to work in a fast-paced, team-oriented environment.
The CFO must be hands-on and willing to perform original work.
The CFO must be forward thinking and have the creative vision to recognize strategic opportunities.
Creative and quick intellect coupled with strong business judgment.
High energy level, flexible personality, and ability to work well with a wide range of styles and personalities.
Able to engage in open and thoughtful discussion and consultation with benefactors.
Thorough knowledge and commitment to Catholic Orthodoxy and Truth.
Desire and passion to be a leader in developing and implementing Church reforms.
Characterized as a person with impeccable integrity, resourceful, cost conscious, responsive and committed to excellence.
An intelligent financial executive who is team-oriented, proactive and a collaborative business partner.
Outstanding leadership skills with the ability to manage both professional and support staff.
Proficient with Microsoft Word and Microsoft Excel.
OTHER
Salary range = $180,000 to $215,000. Commensurate with background, education and experience.
Application Deadline September 4, 2024 (Note: We reserve the right to shorten the deadline for applications if we have sufficient interest. Please apply early to ensure your background will be considered.)
#J-18808-Ljbffr
Are you ready for a career that gives you the freedom to openly live out your values, foster your spiritual life, AND excel at your work? Do you desire to work where you personally will make an eternal impact on the world?
As you look around, you may notice our societal underpinnings, cultural norms, and our overall ethos in America no longer supports and buoys up those seeking to follow Christ. At this pivotal point in history, there is an amazing opportunity to rediscover the power of the Gospel and to bring people to the saving grace and abundance of life in Jesus Christ. If you believe Christ is calling to live on mission for the glory of the Father, we’d love to meet you.
The Mission of the Archdiocese of Denver:
The Archdiocese of Denver exists so that in Jesus Christ all might be rescued and have abundant life, for the glory of the Father.
At the Pastoral Center of the Archdiocese of Denver, we seek to live this mission by living the following values:
Abide in Relationship: Having become sons and daughters of the Father in Baptism, we grow in relationship with him and our neighbor.
Be the Cavalry: Our desire is to build up God's Kingdom and to rescue our neighbor. The work to be accomplished is ours. No army is coming; we are the cavalry.
Confound the World: We recognize we’re on mission to proclaim the power of the Gospel in the modern wilderness, a hostile land which requires courage in the face of opposition. Our joyful, countercultural witness perplexes the world and plants seeds of curiosity about its origin.
You will love working here if you aspire and strive to live these values.
THE POSITION
The Chief Financial Officer (CFO) of the Archdiocese is the equivalent of a Diocesan Financial Officer pursuant to Canon Law. The CFO reports to the Chief Operating Officer, who serves as the attorney-in-fact to the Archbishop. The incumbent serves by Canonical appointment pursuant to Canon 494 made by the Archbishop in consultation with the Archdiocesan Finance Council (AFC) and the Archdiocesan College of Consultors. The CFO is responsible for the overall financial operations and strategy for the Archdiocese including the alignment of these services to the Archbishop's mission for the Archdiocese. These services include accounting; finance; budgeting; tax; treasury and cash management; debt placement and negotiation; planning and analysis; internal audit; legal compliance, insurance and risk management and information systems. Specifically, this executive will be responsible for ensuring that all financial systems and controls reflect best practices, as well as implementing financial controls and programs that enable flourishing of mission in the Archdiocese.
The CFO oversees the preparation of the annual operating budgets for various Archdiocesan entities, ensuring that the Archdiocese is a good steward of the assets entrusted to it and that each entity prepares at least a balanced budget based on sound financial assumptions and projections. The CFO also oversees the preparation of the Quarterly Financial Report to the members of the AFC and the annual public financial report published every year in The Denver Catholic. He or she works closely with the Director of Accounting of the Archdiocese in preparation and completion of the annual audits of the Archdiocese and its related ecclesiastical entities and trusts.
The CFO presents the various reports and analysis to the Archbishop, the Archdiocesan Finance Council and its sub-committees on a quarterly basis. In addition, the CFO serves on the following Archdiocesan committees and/or Boards of Archdiocesan related entities in order to promote financial guidance to both the respective Boards and the Archbishop pursuant to Canon Law:
Archdiocesan Finance Council and its sub-committees (Real Estate, Accounting & Audit, Investment, Project Finance and Review Committee).
Catholic Charities and Community Services (Member of the Finance Committee).
St. John Vianney Theological Seminary Board (Treasurer).
Redemptoris Mater House of Formation (Board Member).
Family of Nazareth, Inc. (Board Member).
Seeds of Hope Board of Trustees investment and finance committee member.
Irrevocable Revolving Fund Trust Management Committee (Primary facilitator for this Committee).
Priests Pension Retirement Plan Advisory Committee.
Lay Employees Money Purchase Pension Plan Advisory Committee.
Welfare Benefits Trust Advisory Committee.
Board of Members for the Archdiocesan Schools (Holy Family High School, Bishop Machebeuf High School, Frassati Catholic Academy and Blessed Miguel Pro Catholic Academy).
The position is directly responsible for the fiscal operations of the Archdiocese of Denver, a Colorado corporation sole (the Archdiocese), and the Archdiocese of Denver Management Corp. In addition, this position provides financial oversight for the fiscal operations of the following entities in collaboration with the respective entity's management personnel:
Saint John Vianney Theological Seminary.
Redemptoris Mater House of Formation.
AOD Mortuary at Mount Olivet, Inc.
The Mount Olivet Cemetery Association.
St. Simeon Cemetery Association.
AOD Cemeteries Perpetual Care Trust.
The Cemeteries PreNeed Trusts (3).
The AOD Irrevocable Revolving Fund Trust.
The AOD Welfare Benefits Trust.
The AOD Risk Management and Property/Casualty Insurance Trust.
The Saint John Paul II Center for the New Evangelization.
Camp St. Malo Religious Retreat and Conference Center, Inc.
Annunciation Heights.
Blessed Miguel Pro Catholic Academy.
Frassati Catholic Academy.
Holy Family High School.
Bishop Machebeuf High School.
Cabrini Teaching Fellows.
The CFO accomplishes fiscal administration and oversight in collaboration with seven directors who report to him or her. They include: Director of Accounting, Treasurer (Director of Cash, Debt and Investments), Director of Information Technology, Director of Legal, Risk and Compliance, Director of Internal Audit and Parish Advisory Services, Director of Parish Finance and Director of Data and Payment Operations.
The CFO values the Mission of the Church and the responsible stewardship of its assets and resources to help fulfill this mission and in doing so, upholds the Catholic social teachings of the Church. As such, the CFO refrains from promotion or approval of, or the living out of, any conduct or lifestyle that would reflect discredit or bring disgrace on, or cause scandal in relationship to, the Archdiocese of Denver, or considered to be in contradiction with Catholic doctrine or morals.
ESSENTIAL DUTIES
Essential duties and responsibilities of the CFO include:
Responsible for overseeing design and operation of overall financial control policies and procedures within the organization.
Work closely with the Chief Operating Officer on operationalizing the Mission of the Archbishop and his leadership team.
Reviews all business contracts, and other legal documents submitted to the Chief Operating Officer prior to their execution.
Analyzes financial and economic trends and their likely impact on future operations, and apprises the COO or the Archbishop, making recommendations when appropriate.
Oversees banking relationships of the Archdiocese (e.g., depositing and borrowing) as well as parish bank borrowings, including required bank compliance and quarterly reporting efforts.
Performs a variety of long-range financial planning exercises and analyses and informs the COO and/or the Archbishop of the financial implications.
Oversees all Archdiocesan investments in conjunction with the Investment Committee of the Archdiocesan Finance Council.
Oversight and coordination with the Director of Accounting the preparation of the quarterly and annual financial statements and overall financial reporting.
Oversees the parish internal audit and parish advisory services function.
Evaluates the efficiency of Archdiocesan and parish accounting procedures and implements appropriate changes in programming and personnel.
Works closely with the Superintendent of Catholic Schools and the Director of Parish Finance regarding multiple parish school issues.
In conjunction with the Directors of Construction and Real Estate reviews parish requests for all proposed construction/renovation projects and real estate acquisitions and disposals.
Prepares or reviews other parish correspondence and drafts appropriate responses for approval by the Chief Operating Officer.
Coordinates proper recording and acknowledgment of all gifts and bequests to the Archdiocese.
Reviews with the Executive Director of Human Resources provisions of the Archdiocesan lay retirement, health and dental benefits.
Reviews with the Vicar for Clergy and Executive Director of Human Resources the provisions of the Priest Pension Plan and retirement benefit plans for the clergy of the Archdiocese.
Reviews with the Director Legal, Risk and Compliance the property, liability and casualty insurance policies.
Reviews with the Director of Information Technology the data processing functions.
Assists the Archbishop, the COO and the chairperson of the AFC in staffing the Archdiocesan Finance Council and its various sub-committees.
On behalf of the Archbishop, reviews financial submittals from neighboring Dioceses.
On behalf of the Archbishop, coordinates the annual Deanery Report submittals.
Performs special projects as requested by the Archbishop and the COO.
The CFO is also responsible for the following as it pertains to the various entities with which the position has an interface:
Compliance with Particular Law and those policies and procedures contained in the Archdiocese of Denver Pastoral Handbook.
Provides and approves ongoing training and staff development.
Continual quality management and development of the finance and administrative function.
EDUCATION
Undergraduate degree in accounting, business administration, finance or economics; MBA would be desirable.
Attained a license as a Certified Public Accountant in career.
Minimum of ten years of experience managing a professional financial and accounting staff.
COMPETENCIES & QUALIFICATIONS
The CFO must be a Catholic, in communion with the Church according to the provisions of Canon 149, paragraph one of the Code of Canon Law. This individual must also display the following personal characteristics:
Thorough knowledge of accounting principles, practices and practical applications of accounting systems.
Proven experience in the preparation of financial reports and analysis of operations.
Demonstrated experience overseeing and participating in the development and implementation of data processing and management information systems.
The CFO needs to be a hard-working, results-oriented individual who has the ability to work in a fast-paced, team-oriented environment.
The CFO must be hands-on and willing to perform original work.
The CFO must be forward thinking and have the creative vision to recognize strategic opportunities.
Creative and quick intellect coupled with strong business judgment.
High energy level, flexible personality, and ability to work well with a wide range of styles and personalities.
Able to engage in open and thoughtful discussion and consultation with benefactors.
Thorough knowledge and commitment to Catholic Orthodoxy and Truth.
Desire and passion to be a leader in developing and implementing Church reforms.
Characterized as a person with impeccable integrity, resourceful, cost conscious, responsive and committed to excellence.
An intelligent financial executive who is team-oriented, proactive and a collaborative business partner.
Outstanding leadership skills with the ability to manage both professional and support staff.
Proficient with Microsoft Word and Microsoft Excel.
OTHER
Salary range = $180,000 to $215,000. Commensurate with background, education and experience.
Application Deadline September 4, 2024 (Note: We reserve the right to shorten the deadline for applications if we have sufficient interest. Please apply early to ensure your background will be considered.)
#J-18808-Ljbffr