Description
About Glide:
GLIDE is a nationally recognized center for social justice, dedicated to fighting systemic injustices, creating pathways out of poverty and crisis, and transforming lives. Through its integrated comprehensive services, advocacy initiatives, and inclusive community, GLIDE empowers individuals, families, and children to achieve stability and to thrive. GLIDE is on the forefront of addressing some of society’s most pressing issues, including poverty, housing and homelessness, and racial and social justice. GLIDE’s mission is to create a radically inclusive, just, and loving community mobilized to alleviate suffering and break the cycles of poverty and marginalization.
Position Summary:
GLIDE is searching for a Chief Financial Officer (CFO) with a strong background in financial leadership, particularly in the context of driving financial strategies, compliance initiatives, and managing our contractual billing, P/L cashflow oversight. The successful candidate will be responsible for developing financial best practices, in addition to providing guidance to the executive team and board of directors, and overseeing all financial functions, including accounting, payroll, contracts, RFP budgeting/forecasting, and financial reporting is critical to succeed.
A key aspect of the role is the ability to analyze financial data, manage cash flow, contractual invoicing/billing and to identify and address financial risks and opportunities. This role requires a candidate with strong financial acumen, sharp analytical skills, and the ability to communicate and influence effectively at all levels of the organization. Strategic thinking, a solid understanding of financial regulations, and a demonstrated track record of driving financial performance and operational excellence are also necessary.
Principal Responsibility:
We are seeking a CFO work alongside the President and CEO, and the Board of Directors to develop new sources of revenue in alignment with our financial goals and values.
To that end, the Chief Financial Officer will ensure the overall fiscal health of the organization has integrity and that we are excellent stewards of our resources. The ideal candidate will be able to translate financial strategies into actionable plans, and will lead with a high level of integrity, professionalism, and ethical conduct.
Essential Duties and Responsibilities include the following:
Financial Strategy:
- Lead financial planning for the organization, including short-term and long-term financial forecasts of financial performance for internal and external use.
- Participates in organization-wide strategic planning in conjunction with the Executive Team.
- Oversees organizational risk management which includes identifying, evaluating, and preventing risks by implementing assessment protocols and controls.
- Building a reporting infrastructure that provides a comprehensive and consistent method of reporting financial data that supports the management and control of finances, revenue streams, donations and expenses.
- Represents the organization to financial partners, including financial institutions, lenders, auditors, public officials, and donors.
- The CFO position ensures compliance with all corporate governance requirements, including updates to corporate bylaws. Working with the President/CEO and the appropriate Board committees, the CFO establishes and monitors policies and procedures to ensure the highest level of compliance and transparency for the organization.
- Manages the budget for the organization, including the development of priorities, fiscal modeling projections/forecasts, and presentations for the Board of Directors.
- Through collaborating with the President/CEO, the CFO is responsible for developing the multi-year annual operating budget and securing approval from the Finance Committee and the Board. You will also manage the ongoing annual budgeting and long-range forecasting process to ensure the integrity of all financial information.
- Develop, implement, and maintain policies and procedures for all financial-related activities including financial policies, expense policies, reserve policies, and investment policies.
Financial Management:
- Develop and oversee implementation of all financial reporting, both internal and external. Ensures timeliness, accuracy, and usefulness of financial and management reporting.
- Develop and oversee implementation, maintenance, and monitoring of organization financial systems, including general ledger, monthly financial statements, accounts payable/receivable, payroll, bank reconciliations, investment portfolio, and reporting to outside agencies.
- Oversee and leads all annual audit. Stays up to date on nonprofit accounting best practices and state and federal law regarding nonprofit operations.
- The CFO will review and ensure the application of appropriate internal controls, SOX compliance, and financial procedures. Works closely with outside auditors and the Audit Committee of the Board to ensure the audited financial statements are streamlined, transparent, and readable with a clean auditor opinion.
- Oversight of Glide’s real estate portfolio, team, and supports the Board Real Estate Committee Estate Committee.
- Supports capital campaign financials and fundraising
- Oversees cash flow planning and ensures availability of funds as needed.
- Review and improve the chart of accounts, current accounting systems, control procedures, audit preparation, financial documentation and finance team workflows.
- Oversees cash, investment, and retirement plan assets.
- Oversees financing strategies and activities, as well as banking relationships.
- Ensure GLIDE remains on budget and that services are scaled to financial means and assets are safeguarded through the maintenance of proper controls.
- Maintain and administer general insurance programs.
Requirements
- Must have 5 – 10 years progressively responsible nonprofit accounting experience, including management and supervision of accounting programs; experience managing $10 million plus budget required.
- Must have 6 – 10 years experience working as a CFO in a mid-to-large ($10MM+) organization, preferably nonprofit. Experience managing Board engagement.
- MBA, CPA or equivalent combination of education and/or professional certification.
- Excellent financial acumen with experience working with contractual billing and management, and fiscal/ reimbursement internal controls. Experience overseeing revenue cycles, P/L cashflow, contract billing/invoicing, reimbursement systems and accounting platforms.
- Must have experience working with and managing organizational audits internal controls and systems.
- Demonstrated leadership ability and executive presence – ability to lead and manage a mid-size staff.
- Experience working with and managing large Board committees.
- Negotiating collective bargaining agreements, a plus.
- Data-driven mindset and excellent quantitative and analytical skills.
- Experience evaluating and implementing new financial and accounting systems and utilizing technology to drive process improvement.
- Excellent presentation, interpersonal, listening, oral, and written communication skills.
- Experience with Blackbaud/Financial Edge, Adaptive, and/or Concur.
- Experience working in a non-profit or community-based social service agency with people experiencing homelessness or poverty.
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