Chief Financial Officer | Center for Nonprofit Advancement
Washington, DC
Full Time
Executive
(The Center) is currently seeking a Chief Financial Officer to join our team. This is a full-time, permanent position, hybrid, based in Washington, DC. This is an exciting opportunity to grow the finance function of a nonprofit association and its members and partner organizations. Our Chief Financial Officer will lead the Center’s financial strategies, develop, and implement internal control policies, and perform risk management/mitigation activities, as well as day-to-day functions.
About Us:
The Center for Nonprofit Advancement is a member-based organization created in 1979. It is the nation’s first state association for nonprofit organizations. By strengthening nonprofits, the Center touches the lives of countless adults, children, and families throughout our region, and, throughout the nation and the world.
The Center’s mission is to strengthen, promote, and represent nonprofit organizations, empowering them to meet the diverse, changing needs of our communities. Our members protect our environment, support the arts, feed the hungry, advance education, provide employment assistance, nurture the sick, champion the underserved, and so much more. Members receive training, resources, and relationships with the corporate, philanthropic, and government community. Their dedication and hard work have a direct, life-changing impact on our communities.
What You’ll Be Doing:
The Chief financial officer will lead the organization's financial activities, ensuring the organization is supplied with accurate and timely financial information in compliance with best practices. They will report to and work closely with the Chief Executive Officer and oversee one financial staff team member. In addition, they will lead the financial management of the Center’s Fiscal Sponsorship Program and relative relationships with government agencies. Simultaneously, they will oversee the financial structure of the Center’s 800+ participating and dues paying members. Furthermore, they will serve as a liaison to our board finance committee, which meets 6 times a year. The Chief Financial Officer will lead all compliance, contracts, and grants management across all Center for Nonprofit Advancement entities. They must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace.
Responsibilities include:
Accounting and Reporting
Planning, Policy, and Investor Relations
Compliance, Internal Controls, Policies and Procedures
Annual Audit Preparation, Management & Report Filings
Financial Oversight, Reporting, & Analysis
Who You Are:
This role’s salary range is $130,000-$145,000 with a competitive benefits package including:
Physical Demands/Work Environment
The physical demands described for this position are that of a typical office environment. Reasonable accommodations will be made to enable individuals with disabilities to perform the functions. Ability to sit and/or for extended periods of time in front of a computer screen is an essential aspect of the position. There may be a need to lift and/or move materials or equipment.
EEO Statement
The Center does not discriminate on the basis of race, color, creed, religion, gender identity, sexual orientation, gender identity, age, mental or physical disability, ancestry, marital status and national origin.
Center for Nonprofit Advancement has exclusively retained Impact Search Advisors by Nonprofit HR to assist in the recruitment efforts for its next Chief financial officer. Interested candidates should submit a complete application, resume, and cover letter for consideration. Your cover letter must address your experience and qualifications as aligned with the organization's needs and your specific interest in the Center. Interested individuals are encouraged to apply immediately. Applications submitted by or before April 12th will be prioritized.
Please visit: https://www.nonprofitadvancement.org/about/ for more information about the organization. For further details about this opportunity, contact Sophia LaFontant, Consultant, Search, at [email protected].
About Us:
The Center for Nonprofit Advancement is a member-based organization created in 1979. It is the nation’s first state association for nonprofit organizations. By strengthening nonprofits, the Center touches the lives of countless adults, children, and families throughout our region, and, throughout the nation and the world.
The Center’s mission is to strengthen, promote, and represent nonprofit organizations, empowering them to meet the diverse, changing needs of our communities. Our members protect our environment, support the arts, feed the hungry, advance education, provide employment assistance, nurture the sick, champion the underserved, and so much more. Members receive training, resources, and relationships with the corporate, philanthropic, and government community. Their dedication and hard work have a direct, life-changing impact on our communities.
What You’ll Be Doing:
The Chief financial officer will lead the organization's financial activities, ensuring the organization is supplied with accurate and timely financial information in compliance with best practices. They will report to and work closely with the Chief Executive Officer and oversee one financial staff team member. In addition, they will lead the financial management of the Center’s Fiscal Sponsorship Program and relative relationships with government agencies. Simultaneously, they will oversee the financial structure of the Center’s 800+ participating and dues paying members. Furthermore, they will serve as a liaison to our board finance committee, which meets 6 times a year. The Chief Financial Officer will lead all compliance, contracts, and grants management across all Center for Nonprofit Advancement entities. They must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace.
Responsibilities include:
Accounting and Reporting
- Regularly monitors cash flow, spending, and proper use of funds.
- Lead accounting operations, including day-to-day accounting transactions.
- Partners with organizational leadership to facilitate cross-departmental alignment that ensures all financial solutions positively support the organization’s operational delivery needs.
- Manages and leads recording and reporting of all organizational financial transactions, including accounts payable/receivable (revenue recognition and billing), payroll, general accounting, reconciliations, month-end close, and maintaining work papers.
Planning, Policy, and Investor Relations
- Engages the finance committee of the board of directors and co-leaders to develop short- and medium-term financial plans and projections.
- In partnership with the CEO, evaluates the financial position and health of the organization and shares analyses of fiscal trends and potential issues, including financial statements, with the Center’s staff and board.
- Develops and documents all internal fiscal controls, policies, and procedures.
- Represents the Center to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
- Remains current on nonprofit audit best practices and state and federal law regarding nonprofit operations; manages and leads annual audits.
Compliance, Internal Controls, Policies and Procedures
- Leads the financial transactions of the organization and partner organizations, ensuring timely and consistent reporting, proper documentation, and adherence to all funder agreements and other requirements.
- Ensures that all regulations for compliance are met.
- Leads the implementation and management of accounting-related systems used by the organization.
- Reviews the preparation of the organization's financial information according to GAAP (Generally Accepted Accounting Practices).
- Recommends and implements improvements to accounting, operations, internal controls, compliance policies and procedures, support strategy, and best practices.
- Stays informed of tax code revisions and advises of any operational adjustments needed to accommodate revisions.
- Ensures compliance with all applicable government finance regulations.
Annual Audit Preparation, Management & Report Filings
- Leads preparation of internal and external audit schedules.
- Serves as primary contact with outside auditors and responds to their requests for information quickly and efficiently.
- Manages the completion of the organization’s annual IRS filings, including Form 990, etc.
Financial Oversight, Reporting, & Analysis
- Advises the CEO in presentation of financial and budget reports to senior executives, board members and other network stakeholders.
- Prepares timely, complete, and accurate financial regulatory reports, forecasts, budgets, variance analyses, and additional financial reports requested by senior management.
- Prepares variance analysis and reporting results.
- Financial reporting for management, finance committee, and Board decision-making and presentations.
- Leads the development and implementation of the organization’s annual budget.
Who You Are:
- Connects with and believes in the Center mission.
- Willingness to incorporate the values of diversity, equity, inclusion, and justice into their daily operations.
- A Bachelor's or Advanced Degree in business administration, finance, accounting, or other fields closely related to the job requirements is required; a CPA is preferred.
- Minimum of six (6) years of diverse finance experience.
- Significant experience in nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
- Experience with financial accounting systems like QuickBooks, Bill.com, and Lockbox.
- Experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources, including government (federal and state) contracts and an affiliate structure with diverse program areas.
- Empathetic and engaging individual, who listens well, is responsive, solutions-focused, and results-oriented; has the ability to coach staff.
- Strong Microsoft Excel skills.
- Exceptional written, verbal, and interpersonal communication skills and a strong ability to tailor communication style to diverse audiences.
- Agile change agent with the commitment and confidence to assume a leadership role in an evolving environment.
- Unquestionable personal integrity, fairness, and credibility are necessary to gain the trust and commitment of individuals at all levels of the organization.
- Demonstrated success at cultivating strong relationships with internal and external stakeholders and creating partnerships at all organizational levels to achieve results.
This role’s salary range is $130,000-$145,000 with a competitive benefits package including:
- Medical Benefits (100% in-network preventative care covered)
- Health & Wellness Programs
- Freedom to utilize out-of-network providers with selection of PPO
- Dental Benefits
- Vision Benefits
- Option for a Nonstop Health Medical Reimbursement Plan
- 401(b) Savings Plan & 403 (b) tax-sheltered annuity plan
- Life Insurance and AD&D
- Disability Benefits
- PTO
Physical Demands/Work Environment
The physical demands described for this position are that of a typical office environment. Reasonable accommodations will be made to enable individuals with disabilities to perform the functions. Ability to sit and/or for extended periods of time in front of a computer screen is an essential aspect of the position. There may be a need to lift and/or move materials or equipment.
EEO Statement
The Center does not discriminate on the basis of race, color, creed, religion, gender identity, sexual orientation, gender identity, age, mental or physical disability, ancestry, marital status and national origin.
Center for Nonprofit Advancement has exclusively retained Impact Search Advisors by Nonprofit HR to assist in the recruitment efforts for its next Chief financial officer. Interested candidates should submit a complete application, resume, and cover letter for consideration. Your cover letter must address your experience and qualifications as aligned with the organization's needs and your specific interest in the Center. Interested individuals are encouraged to apply immediately. Applications submitted by or before April 12th will be prioritized.
Please visit: https://www.nonprofitadvancement.org/about/ for more information about the organization. For further details about this opportunity, contact Sophia LaFontant, Consultant, Search, at [email protected].
Our Commitment to Diversity, Equity, Inclusion & Belonging
Nonprofit HR is committed to fostering and maintaining a work environment where diversity, equity, and inclusion (DEI) are fully integrated into everything we do for the benefit of our employees and the clients that we serve. To fully realize our goal, we prioritize our understanding of the complexities of DEI within our workforce to inform our approach to talent management. We believe that this guides how we do our work, advise our clients to operationalize DEI and position our content and educational opportunities help strengthen the talent management capacity of the social impact sector.
Continue reading our about our commitment at nonprofithr.com/deinow.
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