Forefront
CFOO - CHIEF FINANCE & OPERATIONS OFFICER
Forefront, Chicago, Illinois, United States, 60290
JOB DESCRIPTION
Title:
CFOO - Chief Finance and Operations Officer
Reports to:
President & CEO
Supervises:
Director of Finance & Administration, Business Development Coordinator
Service Center:
Finance & Operations
Organizational Context:
Finance & Operations provides the primary support systems to Forefront's President & CEO, Board of Directors, Standing Committees, and other Service Centers in the organization (Member Engagement, Public Policy, Revenue Development & Communications). Finance & Operations work product encompasses accounting and finance, operations, human resources, as well as special project oversight. Staff within this Service Center interface with the general public and support program execution.
General Job Description:
The Chief Finance and Operations Officer (CFOO) is responsible for directing all finance & operations of Forefront. This position supports organizational strategic decision-making and leads the development of annual operating plans and budgets. The CFOO staff standing Board Committees: Audit/Finance, Compensation & Benefits, and Revenue Development. Working closely with the President & CEO, the CFOO also oversees Forefront's special projects and initiatives. This position is a member of the Leadership Team.
Essential Job Duties and Expected Outcomes:
Strategic Leadership & Special Project Management
Advise and support the President & CEO in the execution of strategic organizational decision-making and realization of financial and programmatic priorities. Provide oversight of special projects and initiatives while representing and promoting Forefront externally.
Support the activities of the Board Directors and staff of Forefront's Audit/Finance, Compensation & Benefits, and Revenue Development committees to guide and carry out annual work plans.
Partner with other Leadership Team members and support the achievement of organizational priorities.
Direct Forefront's financial consulting and fiscal arrangements to ensure operational and budget goals are achieved.
Accounting & Finance
Lead and manage all facets of Forefront's finance and accounting operations and ensure adherence to best practices.
Clearly and concisely present financial and operating activity results to provide timely and accurate reviews of Forefront's financial position and progress toward achieving annual goals.
Support efforts to achieve annual revenue goals through active participation in the Revenue Development and Communication committee. Assist with grant proposals and budgets/reports.
Manage financial reporting for fiscal sponsor relationships and special projects outside of Forefront's core operations to ensure compliance with executed agreements.
Maintain key relationships with auditors, financial institutions, legal counsel, and insurance brokers.
Consolidate and Review the Annual Budget. Work with Department Stakeholders to ensure the accuracy of revenue roadmaps.
Knowledge of NFP Revenue Recognition. This position will be the final say on interpreting grant language for revenue recognition to ensure no restatement of revenue or expenses during the Audit.
Compensation & Benefits planning. Ensure that positions are hired at fair market value. Run annual comp review process.
Manage Finances team that includes 2 full-time Forefront team members, and 2 full-time Converge consultants + part-time consultants as needed. Train and Develop staff to ensure clean audits, Budget accuracy, and accomplishments.
Legal and Operations
Coordinate contract execution including negotiations and renewals.
Ensure ongoing adherence to Forefront bylaws clarifying interpretation and facilitating updates, or amendments.
Develop and maintain appropriate risk management and business continuity measures.
Manage operations to foster a work environment that supports staff and enables Forefront to carry out its mission effectively and efficiently.
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Title:
CFOO - Chief Finance and Operations Officer
Reports to:
President & CEO
Supervises:
Director of Finance & Administration, Business Development Coordinator
Service Center:
Finance & Operations
Organizational Context:
Finance & Operations provides the primary support systems to Forefront's President & CEO, Board of Directors, Standing Committees, and other Service Centers in the organization (Member Engagement, Public Policy, Revenue Development & Communications). Finance & Operations work product encompasses accounting and finance, operations, human resources, as well as special project oversight. Staff within this Service Center interface with the general public and support program execution.
General Job Description:
The Chief Finance and Operations Officer (CFOO) is responsible for directing all finance & operations of Forefront. This position supports organizational strategic decision-making and leads the development of annual operating plans and budgets. The CFOO staff standing Board Committees: Audit/Finance, Compensation & Benefits, and Revenue Development. Working closely with the President & CEO, the CFOO also oversees Forefront's special projects and initiatives. This position is a member of the Leadership Team.
Essential Job Duties and Expected Outcomes:
Strategic Leadership & Special Project Management
Advise and support the President & CEO in the execution of strategic organizational decision-making and realization of financial and programmatic priorities. Provide oversight of special projects and initiatives while representing and promoting Forefront externally.
Support the activities of the Board Directors and staff of Forefront's Audit/Finance, Compensation & Benefits, and Revenue Development committees to guide and carry out annual work plans.
Partner with other Leadership Team members and support the achievement of organizational priorities.
Direct Forefront's financial consulting and fiscal arrangements to ensure operational and budget goals are achieved.
Accounting & Finance
Lead and manage all facets of Forefront's finance and accounting operations and ensure adherence to best practices.
Clearly and concisely present financial and operating activity results to provide timely and accurate reviews of Forefront's financial position and progress toward achieving annual goals.
Support efforts to achieve annual revenue goals through active participation in the Revenue Development and Communication committee. Assist with grant proposals and budgets/reports.
Manage financial reporting for fiscal sponsor relationships and special projects outside of Forefront's core operations to ensure compliance with executed agreements.
Maintain key relationships with auditors, financial institutions, legal counsel, and insurance brokers.
Consolidate and Review the Annual Budget. Work with Department Stakeholders to ensure the accuracy of revenue roadmaps.
Knowledge of NFP Revenue Recognition. This position will be the final say on interpreting grant language for revenue recognition to ensure no restatement of revenue or expenses during the Audit.
Compensation & Benefits planning. Ensure that positions are hired at fair market value. Run annual comp review process.
Manage Finances team that includes 2 full-time Forefront team members, and 2 full-time Converge consultants + part-time consultants as needed. Train and Develop staff to ensure clean audits, Budget accuracy, and accomplishments.
Legal and Operations
Coordinate contract execution including negotiations and renewals.
Ensure ongoing adherence to Forefront bylaws clarifying interpretation and facilitating updates, or amendments.
Develop and maintain appropriate risk management and business continuity measures.
Manage operations to foster a work environment that supports staff and enables Forefront to carry out its mission effectively and efficiently.
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