Chief Financial Officer

The Lord's Place, Inc.
Published
April 1, 2021
Location
West Palm Beach, Florida
Category
Finance  
Job Type
Contact Name (not public)
Jan Phillips
Phone
5616288402

Description

CHIEF FINANCIAL OFFICER

The Lord’s Place is a social impact agency dedicated to breaking the cycle of homelessness for almost 40 years.  We have been voted as one of the Best Nonprofits to Work For by the Nonprofit Times for the last 5 years and Best Places to Work in Florida for the last 7 years.  We are an agency that believes in and promotes an excellent work/life balance, and provides a competitive salary and outstanding benefits.  The Lord’s Place continues to grow as a leader of excellence and is anticipating more growth over the next decade.  We are value driven agency that appreciates and honors a diverse culture.  We empower, respect and encourage all who enter our world, and serve with compassion and kindness.

Overview:

The Chief Financial Officer (CFO) is a key member of The Lord’s Place executive leadership team and a thought partner to the CEO and the Board of Directors who is driven by the mission of the organization. He/she will work closely with the CEO and other members of the senior management team to instill a culture of transparency, collaboration and dynamic leadership across the organization. The individual will be a catalyst for driving financial transformation for the agency.  The candidate will be a strategic, creative and innovative leader with excellent communication and team-building skills.  He/she will help develop and foster leaders within the finance department.  The CFO will lead a team providing oversight, guidance, and detailed engagement to ensure fiscal integrity throughout the organization.   While the CFO must be able to provide strategic guidance and input, he/she must equally be able to assist the Controller and understand the agency budgets at the most detailed level.

 

Candidate Profile:

The ideal candidate must have a proven record of professional growth as a financial leader and possess the experience as a CFO.  Qualified individuals in a leading finance role (CFO, Controller, Director of Finance), with a strong desire to make an impact, are encouraged to apply.

:

  • Bachelor’s degree in Accounting or Finance required. Advanced degree such as a MBA or CPA is a plus.
  • Working knowledge of regulatory bodies relating to payroll, taxes and general business financial conditions required.
  • Five to 10 years’ experience in progressively responsible financial leadership roles. Non-profit experience, experience with rapid growth, and A-133 audit experience is a plus.
  • Prior experience working with boards and board committees strongly preferred.
  • Hands-on experience with multiple federal/state/local government grants.
  • Working knowledge of financial and payroll software/systems.
  • Strong organizational skills.
  • Ability to operate business equipment used daily within the organization.
  • Minimum of five years’ experience in a management or leadership role.
  • Understands and conducts business consistent with the organization’s mission and guiding principles.
  • Strategic focus and experience managing finance (accounting, budgeting, internal controls and reporting) for a nonprofit with multiple funding sources, including government (federal, state and local) contracts.
  • Must be proficient in Word, Excel, Fund EZ, ADP, and Raiser’s Edge software (or other non-profit comparable fund accounting software).

 

Key Responsibilities:

Strategy, Planning, and Management

  • Represent the agency to the community, financial partners, financial institutions, foundation executives, donors, government partners, and auditors.
  • Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.
  • Establish and maintain strong relationships with the CEO, Executive Leadership Team, Finance and Audit Committees, and Board of Directors to implement fiscal policy as set forth by the Board.
  • Translate detailed financial information into a clear and concise message.
  • Direct and oversee all aspects of the Finance and Accounting functions of the organization.
  • Update and maintain relevant financial policies, procedures, systems and internal controls across the agency.
  • Provide executive management with advice on the financial implications of business activities as well recommendations for potential efficiencies.
  • Maintain treasury relationships with bank, investment and financing partners.
  • Assess and evaluate financial performance of the organization with regard to long-term operational goals, budgets and forecasts. Provide insight and recommendations to both short-term and long-term growth plan of organization.
  • Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, the Board and other senior executives in performing their responsibilities.
  • Evaluate and advise on the financial impact of long-range planning, new partnerships/alliances, and the introduction of new programs/strategies.
  • Strategically enhance financial performance by providing recommendations to improve performance.
  • Ensure that effective internal controls are in place and compliance with applicable national, international, federal, state and local regulatory laws and rules for financial and tax reporting.

 

 

Operational Leadership of Finance Department

  • Provide leadership, direction and management of the finance team to ensure the proper functioning of all systems and processes.
  • Oversee the annual audit process, including the 401(k) audit.
  • Provide recommendations to continually improve the budgeting process.
  • Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position. Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
  • Develop financial performance measures to assess the financial success/effectiveness of projects, programs, organizational initiatives and operations. Evaluate performance by analyzing and interpreting data and metrics, and make recommendations for realignment, improvement and elimination.
  • Effectively manage external relationships (e.g., auditors, consultants, banks, etc.)
  • Work interdepartmentally with staff across the agency to provide financial updates on program spending vs. budget, as well as ensuring a clear understanding of their budgetary responsibilities.
  • Ensure credibility of the finance team by providing timely and accurate analysis of budgets, financial trends and forecasts for staff, CEO, committees, and board members.
  • Responsible for compliance with GAAP, A-133 grants documentation/ reporting, payroll and 401(k) plan record keeping/reporting, and audit and grant monitorings.
  • Create and manage a high performing team, providing supervision and support to direct reports and with the ability to pitch in and execute hands-on when necessary.
  • Evaluate the finance team structure and plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.

 

 

 

 

How To Apply

Interested candidates please e-mail your cover letter, including salary requirements, and resume to tlpemployment@thelordsplace.org, or fax to 561-494-2922.

EOE/DFWP/ADA

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