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Chief Financial Officer

Woodlands Development & Lending (Woodlands) is seeking a qualified candidate to fill the role of our retiring CFO in Elkins, WV.  This leadership position will oversee all financial aspects of our community based nonprofit organizations including:

  • Manage and design of our accounting system, internal controls and QuickBooks accounting software including payroll, AR, AP and full general ledger maintenance. Familiarity with the interaction of QuickBooks Chart of Accounts, Items, Classes, Customers and Vendors and reports utilizing these features is helpful.
  • Manage cash flow on an ongoing basis and prepare budgets and forecasts as needed.
  • Supervise and train 3-4 staff members. 
  • Prepare interim financial statements for management and compliance use.  Prepare annual financial statements and supporting documents for single audit and tax preparation by CPA firm.
  • Oversee federal, state and other grant compliance.

Woodlands is a grassroots, community-based nonprofit that engages in comprehensive community development. We build housing for working families and seniors, renovate downtown structures, develop community amenities like trails and gathering places, and finance new and growing small businesses in the region. Familiarity with the construction industry, tax credit project & community development financing, or the lending industry would be helpful. 

Qualifications include, first and foremost, a strong desire to be part of a mission-led effort to build opportunity in NorthCentral WV communities. Other qualifications include:

  • A background in non-profit accounting and grant management;
  • A degree or extensive experience in accounting or finance;
  • Fluency in Quickbooks;
  • An ability to generate thorough financial statements, and communicate financial information to a variety of professional and non-professional audiences. 

Applicants must be authorized to work in the United States and either reside in the Elkins area or be willing to relocate for in-person work to be considered for this position

Benefits include health insurance for employee & children, matching contribution to an Individual Retirement Account, and generous holidays & paid time off. 

Woodlands has 20 employees, all committed to facilitating community change, and contributing to a collaborative and supportive work environment. 

What You Should Know About Chief Financial Officer, Generation West Virginia

Are you ready to take your finance career to the next level? Woodlands Development & Lending is searching for a Chief Financial Officer to join our passionate team in Elkins, WV, as we embark on transformative community efforts. As CFO, you'll manage and design our accounting system, ensuring internal controls are tight and that our QuickBooks software runs smoothly for payroll, accounts receivable, accounts payable, and general ledger maintenance. You'll dive deep into cash flow management and be the mastermind behind our budgets and forecasts, guiding our financial direction. Leading a dedicated team of 3-4 staff members, you’ll be responsible for training them and preparing interim and annual financial statements for compliance and management use. Your expertise in federal, state, and grant compliance will be key, given our focus on grassroots community development – from building housing for working families to supporting small businesses. We're looking for someone who not only brings a background in nonprofit accounting and grant management but also has a genuine passion for community service. If you're skilled in QuickBooks and can effectively communicate complex financial information to diverse audiences, we want to hear from you! You'll enjoy benefits like health insurance for you and your children, a matching contribution to your IRA, and generous paid time off, because we believe in rewarding those who contribute to positive change in NorthCentral WV. Come be a part of Woodlands, where your work makes a real difference!

Frequently Asked Questions (FAQs) for Chief Financial Officer Role at Generation West Virginia
What are the primary responsibilities of the Chief Financial Officer at Woodlands Development & Lending?

The Chief Financial Officer at Woodlands Development & Lending is responsible for overseeing all financial aspects of our nonprofit organization, including managing the accounting system, ensuring proper internal controls, maintaining QuickBooks for payroll and accounts, and preparing both interim and annual financial statements. This role also involves managing cash flow, preparing budgets, supervising a team, and ensuring grant compliance.

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What qualifications are needed to apply for the Chief Financial Officer position at Woodlands?

To qualify for the Chief Financial Officer position at Woodlands, candidates should possess a strong background in nonprofit accounting and grant management, along with a degree or extensive experience in accounting or finance. Familiarity with QuickBooks and the ability to communicate financial information effectively are also essential.

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How important is experience with QuickBooks for the Chief Financial Officer at Woodlands?

Experience with QuickBooks is crucial for the Chief Financial Officer position at Woodlands Development & Lending. This software is a key tool for managing the organization's accounts, payroll, and financial reporting, making fluency in its use a significant requirement for candidates.

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What benefits does Woodlands Development & Lending offer to its Chief Financial Officer?

The Chief Financial Officer at Woodlands will enjoy several benefits, including comprehensive health insurance for the employee and their children, a matching contribution to an Individual Retirement Account, and generous holiday and paid time off. We value our team's well-being and work-life balance.

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What is the organizational culture like at Woodlands Development & Lending?

Woodlands Development & Lending fosters a collaborative and supportive work environment, with a team of 20 dedicated employees committed to facilitating community change. The culture emphasizes teamwork, innovation, and a shared mission to build opportunities for the NorthCentral WV community.

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Common Interview Questions for Chief Financial Officer
Can you describe your experience with nonprofit accounting and how it prepares you for the CFO role at Woodlands?

In answering this question, emphasize your specific experiences with nonprofit accounting, mentioning any relevant positions held. Highlight your familiarity with grant management, financial reporting, and any relevant software used. Connect these experiences to how they will enable you to contribute to Woodlands' mission.

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What financial forecasting methods have you used, and how would you apply them in your role as CFO?

Discuss specific forecasting methods you’ve employed, detailing how they have improved budgeting accuracy. Elaborate on how you would implement similar strategies at Woodlands Development & Lending to ensure effective financial planning.

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How do you ensure compliance with federal and state grant requirements?

Highlight your understanding of compliance requirements, sharing specific processes or tools you utilize to track and manage grant compliance. Discuss your proactive communication with grant agencies and your thoroughness in documentation.

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Describe your management style when leading a finance team.

Provide insights into your leadership philosophy, whether it focuses on mentoring, collaboration, or setting clear expectations. Share examples of how you've successfully managed teams in previous positions, especially in facilitating professional development.

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Can you explain your experience with cash flow management and any challenges you've overcome?

Discuss your methods for monitoring and analyzing cash flow. Provide a specific example of a challenge you faced—such as addressing cash flow shortages—and how your strategies led to a successful resolution.

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What do you find most rewarding about working in the nonprofit sector?

Share personal reflections about your passion for nonprofit work. Discuss what motivates you to pursue a role at Woodlands, particularly regarding community impact and supporting deserving populations.

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How do you approach generating financial reports for stakeholders with varying levels of financial knowledge?

Explain your approach to creating reports targeted to different audiences. Provide examples of how you've simplified complex financial data to ensure comprehension among both professional and non-professional stakeholders.

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What experience do you have with construction industry financing or community development projects?

Detail any relevant experiences you've had with financing construction projects or participating in community development initiatives. Highlight how these experiences would benefit your role at Woodlands and contribute to mission-driven goals.

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Why do you believe financial leadership is critical in supporting Woodlands' mission?

In your response, emphasize the integral connection between sound financial practices and mission accomplishment. Explain how financial leadership enables strategic investments in community projects, supporting long-term organizational goals.

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How do you stay updated on changes in accounting practices and regulations?

Discuss your methods for staying informed, such as participating in professional organizations, attending webinars, or pursuing continuing education. Mention how this commitment impacts your management of accounting and compliance functions at Woodlands.

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Generation West Virginia is the statewide organization dedicated to attracting, retaining and advancing young talent in the Mountain State.

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Full-time, on-site
DATE POSTED
March 28, 2025

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