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Chief Financial Officer (CFO)

Description

Job Title: Chief Financial Officer

Status: Full-time

Classification: Exempt

Reports To: CEO

Location: In-person, Santa Rosa, CA, Hybrid remote eligible

The Chief Financial Officer (CFO) reports directly to the Chief Executive Officer (CEO). This is a supervisory role which oversees the Controller and the finance strategy function of the organization. The CFO will also be expected to maintain a good working relationship with the Finance Committee of the Board of Directors. The CFO is responsible for overseeing all aspects of the organization's financial operations, including budgeting, financial reporting, compliance, risk management, and strategic financial planning, ensuring the organization's financial health while aligning with the organization’s mission and goals, by working closely with the executive leadership and Board of Directors. The Chief Financial Officer reports to the headquarters office in Santa Rosa, CA, and the role is hybrid remote eligible. 

Job Duties:

  1. Develop and manage the annual budget, including forecasting cash flow and allocating funds across programs. 
  2. Monitor financial performance against budget and identify areas for improvement. 
  3. Prepare accurate and timely financial statements and reports for the CEO and Board of Directors. 
  4. Ensure adherence to all relevant financial regulations and accounting standards 
  5. Implement and maintain internal controls to mitigate financial risks 
  6. Evaluate accounting practices to determine cost/benefit of work processes and identify ways to streamline or automate processes. 
  7. Work collaboratively with all departments to determine appropriate accounting procedures for transactions.  
  8. Manage the audit process and maintain close communication with auditors, tax accountants, Finance Committee, Audit Committee and Board of Directors. 
  9. Track all restricted funds from grants and/or government funding, communicating with the CEO monthly on the balance of restricted and unrestricted accounts. 
  10. Oversee journal entries and calculations for monthly indirect allocations for all grants and departments across the organization. 
  11. Stay updated on changes in non-profit tax laws and regulations 
  12. Collaborate with leadership to develop long-term financial strategies aligned with the organization's mission 
  13. Analyze financial data to identify opportunities for cost savings and revenue generation 
  14. Assess the financial implications of new programs, initiatives, or grants
  15. Provide financial information to support fundraising efforts 
  16. Analyze donor data to identify trends and optimize fundraising strategies 
  17. Ensure proper donor stewardship and compliance with donor regulations and expectations
  18. Lead and manage the finance team, including hiring, training, and performance evaluations 
  19. Foster a culture of financial accountability and transparency within the organization
  20. Promote an energized, productive team environment through effective communication, staff appreciation and other activities that yield a high level of employee engagement. 
  21. Prepare and give presentations to various audiences including the Board of Directors on the financial position of the organization
  22. Collaborate cross-functionally with the various departments and levels of leadership within the organization to ensure clarity of policy, procedure, and process where financial accountability, compliance, or best practice is concerned. 

Educational Requirements

Undergraduate Degree in Accounting

Master’s degree in accounting is preferred but not required

CPA is preferred but not required

Qualifications:

  • 10+ years’ experience in accounting, finance, or related fields
  • 5+ years’ supervisory experience desired.
  • Experience in coordination of audit activities, financial analysis and government funded non-profit organizations with revenue in excess of $15M annually. 
  • Experience in managing multiple grant awards including budgets, reporting and revenue recognition of each. 
  • Strong analytical and problem-solving skills
  • Excellent communication and presentation skills 
  • Understanding of non-profit fundraising and donor management practices
  • Experience working for a nonprofit and/or multi-state employer desirable
  • Sage Intacct and Bill.com experience preferred. 
  • Microsoft Office 365 suite and cloud-based application experience preferred. 
  • Veterans are encouraged to apply 

Physical Requirements:

Requires the ability to occasionally bend, stoop, reach, lift, and move or carry office supplies and materials weighing 20 pounds or less. Finger dexterity required for computer keyboard operation.

Work Environment:

Office located in Santa Rosa, CA. Team-oriented office environment. This position is eligible for hybrid remote work. 

Offering:

$150,000 to $225,000, depending on qualifications and geographical location. 

Comprehensive and competitive benefits package 

Hybrid-remote eligible

Nation’s Finest is committed to providing equal employment opportunities to all qualified applicants and employees regardless of race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law

Average salary estimate

$187500 / YEARLY (est.)
min
max
$150000K
$225000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Chief Financial Officer (CFO), Nations Finest

At Nation’s Finest, we’re on the lookout for a dedicated Chief Financial Officer (CFO) to join our dynamic team in Santa Rosa, California. In this pivotal role, you’ll report directly to the CEO, overseeing our financial strategies and operations, including budgeting, compliance, risk management, and financial reporting. As the CFO, you’ll ensure our organization remains financially healthy while aligning with our mission and goals. You'll have the opportunity to work closely with the Board of Directors and lead a talented finance team. Your responsibilities will range from developing the annual budget and monitoring financial performance, to ensuring adherence to regulations and managing audits. It’ll be your world to cultivate strong relationships across all departments, improving accounting practices and finding ways to enhance efficiency. You’ll also have the chance to provide crucial financial insights to support our fundraising efforts. With at least ten years of experience in finance or accounting and a robust understanding of the non-profit landscape, you're ready to inspire and lead our organization. This role is hybrid remote eligible, giving you the flexibility to work from home while being actively involved in our office in Santa Rosa. Join us in making a meaningful impact, while earning a competitive salary of $150,000 to $225,000 and enjoying our comprehensive benefits package. If you’re passionate about financial leadership and want to drive positive change, we would love to hear from you!

Frequently Asked Questions (FAQs) for Chief Financial Officer (CFO) Role at Nations Finest
What are the main responsibilities of the Chief Financial Officer at Nation’s Finest?

The Chief Financial Officer (CFO) at Nation’s Finest is responsible for overseeing all financial operations, which includes budget development, financial reporting, compliance, risk management, and strategic financial planning. The CFO works closely with executive leadership and the Board of Directors to ensure the organization’s financial health while aligning with its mission.

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What qualifications are required for the CFO position at Nation’s Finest?

Candidates for the Chief Financial Officer position at Nation’s Finest should have at least 10 years of experience in finance or accounting, along with 5 years of supervisory experience. While a master's degree in accounting and CPA certification are preferred, they are not mandatory. Experience in managing non-profit organizations and handling grants is also valuable.

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How does the CFO at Nation’s Finest ensure compliance with financial regulations?

The Chief Financial Officer at Nation’s Finest ensures compliance with financial regulations by implementing and maintaining internal controls, staying updated on non-profit tax laws, and managing the audit process. By working closely with auditors and tax accountants, the CFO guarantees adherence to all relevant standards.

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What skills are essential for a successful Chief Financial Officer at Nation’s Finest?

Essential skills for the Chief Financial Officer role at Nation’s Finest include strong analytical and problem-solving abilities, excellent communication and presentation skills, and a solid understanding of non-profit fundraising and donor management practices. Experience in financial analysis and budget management is also crucial.

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What kind of work environment can the CFO expect at Nation’s Finest?

The Chief Financial Officer at Nation’s Finest can expect a team-oriented office environment located in Santa Rosa, CA. The role is hybrid remote eligible, allowing for a mix of in-office and remote work, promoting flexibility and a balanced work-life structure.

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Common Interview Questions for Chief Financial Officer (CFO)
How do you prioritize financial goals at Nation’s Finest?

To prioritize financial goals, I would evaluate the organization's mission and strategic objectives, ensuring financial targets align with them. I’d also assess current financial performance and potential risks, allowing me to allocate resources efficiently and effectively.

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Can you describe your experience with budgeting and forecasting?

I have over ten years of experience in developing and managing budgets, including cash flow forecasting and resource allocation. I believe in a collaborative approach, working with different departments to gather insights and ensure that our budgeting reflects both needs and organizational goals.

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What strategies would you use to manage financial risks?

I would begin by identifying key areas of financial risk through thorough analysis and regular monitoring. Implementing strong internal controls, conducting routine audits, and fostering a culture of accountability are crucial. Additionally, open communication with the executives can help swiftly address any emerging threats.

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How do you stay informed about changes in financial regulations?

Staying informed about financial regulations is vital, and I utilize various methods such as subscribing to relevant financial news platforms, participating in professional networks, and attending industry conferences. Continuous education is key to effectively adapting our practices accordingly.

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Describe your leadership style when managing the finance team.

My leadership style is collaborative and inclusive. I prioritize open communication and encourage team members to share their insights and suggestions. I believe in providing constructive feedback and fostering growth through training and mentorship, ensuring the team is empowered to excel.

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How would you approach financial reporting for the Board of Directors?

When preparing financial reports for the Board of Directors, I would focus on presenting clear, accurate, and timely information. Utilizing visual aids can help underscore key data points while maintaining transparency about the organization’s financial position, thereby facilitating informed decision-making.

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What role does technology play in your financial management practices?

Technology is integral to modern financial management. I advocate for using accounting software and cloud-based applications to streamline processes, enhance accuracy, and generate insightful analytics. This not only improves efficiency but also supports better data management and reporting.

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Can you give an example of how you improved financial processes in a previous role?

In my previous role, I initiated a review of our accounting practices, identifying opportunities to automate repetitive tasks and streamline reporting. This reduced closing time and minimized errors, enhancing overall financial accuracy and enabling deeper analysis of our financial performance.

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How would you assess and optimize fundraising strategies?

I would analyze donor data to identify key trends and correlations, allowing us to tailor our fundraising strategies effectively. Incorporating data analytics can help optimize outreach and engagement efforts, increasing both donor retention and revenue generation.

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What is your experience with grant management?

I have extensive experience managing multiple grant awards, including developing budgets, tracking expenditures, and ensuring compliance with reporting requirements. I believe that clear communication with stakeholders is crucial to successfully navigate the complexities associated with grant management.

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Full-time, hybrid
DATE POSTED
April 4, 2025

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