Chief Financial Officer
Company: POIC & RAHS
Location: Portland
Posted on: November 13, 2024
Job Description:
IMPORTANT: To be considered for this position, please follow the
Application Instructions at the end of this job posting.About
Us:POIC is a minority-led nonprofit 501(c)(3) organization
providing the highest quality services in education, mentoring,
family outreach, employment training and placement.Established in
1968, POIC has been a beacon for communities of color for over 50
years. Today, POIC provides education and direct services to over
700 students and work trainees annually, 80% of whom are Black or
Latinx.
- We believe all people have value.
- We believe all people can grow.
- We believe all people can contribute and build thriving
communities.Visit our website at Job Summary:This position is
responsible for developing tools and systems to provide critical
financial and operational information to the CEO and make
actionable recommendations on both strategy and operations by
performing the following duties.Essential Duties:
- Oversee revenue recognition, compliance, reporting, and
financial monitoring for 90+ complex contracts tied to allocations
and reimbursable expenses; fee for service contracts; grants and
awards from foundations, corporations, and individuals.
- Collaborates with the CEO to engage the board, finance, audit,
and investment committees around issues, trends, and changes in the
financial model(s) and operational delivery.
- Assesses organizational performance monthly, quarterly, and
annually against both the annual budget and company's long-term
strategy.
- Oversees short, medium, and long-term budgetary planning and
costs management in alignment with company strategic plan, as the
organization considers sponsorships, potential acquisitions, and
collaborations with external organizations.
- Partners with the CEO to set the financial goals and strategy
of the organization.
- Uses extensive knowledge of QuickBooks to make recommendations
to staff and support the Controller in management of the day-to-day
operations.
- Knowledge and experience in the evaluation, selection, and
implementation of an accounting system.Job Duties:
- Serves as a member of executive leadership team. Participates
in corporate policy development as a member of the executive
management team.
- Participates in key decisions pertaining to strategic
initiatives, financial modeling, and operational execution.
- Manages all financing and banking relationships.
- Represents the Organization to financial partners, including
financial institutions, investors, foundation executives, auditors,
public officials, etc.
- Prepares and maintains regular financial reports, dashboards
and KPIs for the CEO, Finance Committee and Board of
Directors.
- Completes analysis of financial results and develops
recommendations both strategic and tactical.
- Participates in the analysis of various business initiatives
(e.g., opening new operations, asset acquisition, new
service/program launches) and executes final decisions utilizing
forward-looking, predictive models and activity-based financial
analyses. Uses these same tools to provide insight into the
organization's operations and business plans.
- Provides the direction for the fiscal department to ensure
proper maintenance of all accounting systems and functions.
- Supports the Controller in the maintenance of appropriate
internal controls and financial policies and procedures.
- Ensures timeliness, accuracy, and usefulness of financial and
management reporting for federal and state funders, foundations,
and the CEO, Finance Committee, and the Board of Directors.
- Oversees preparation of month-end, quarter-end, and year-end
financial statements; ensures legal and regulatory compliance
regarding all financial functions.
- Supports the Controller in the completion of all month-end
closing activities including general ledger maintenance, balance
sheet reconciliations and corporate/overhead cost allocations.
- Provides the knowledge and direction for cash, investment, and
asset management; creates and oversees cash flow planning to ensure
availability of funds, as needed.
- Coordinates audits and proper filing of tax returns in
collaboration with Controller; remains up to date on non-profit
audit best practices and state and federal law regarding non-profit
operations.
- Oversees the execution of business contracts and relationships,
including but not limited to, insurance, real estate and equipment
leases and property tax exemptions.
- Works collaboratively in a team environment with a spirit of
cooperation.
- Other duties as assigned.Supervisory Responsibilities:Directly
supervises the Controller and provides leadership to the entire
Fiscal department. Carries out supervisory responsibilities in
accordance with the organization's policies and applicable laws.
Responsibilities include interviewing, hiring, and training
employees, planning, assigning, and directing work, appraising
performance, rewarding and disciplining employees, addressing
complaints and resolving problems.Education & Experience:Bachelor's
degree (B.S.) or equivalent, CPA and/or MBA, required. Ten or more
years' experience as a CFO or equivalent, preferably in a
non-profit organization with a budget of at least $10M. Experience
working with information technology staff to manage finance and
accounting software packages. Experience in a senior
financial-management role, partnering with executive staff,
resulting in the development and implementation of creative
financial management strategies. Significant experience in or
knowledge of non-profit accounting, including sophisticated fund
and grant accounting, compliance, and reporting.Certificates,
Licenses and/or Registrations:Certified Public Accountant (CPA)
required.What We Offer:POIC offers a diverse, equitable and
inclusive work environment where everyone has the opportunity to
grow. Our compensation and benefits package represents our
commitment to employee health and financial wellness.
- Generous vacation/PTO policy
- Employer paid Medical, Dental and Vision benefits
- Employer paid Life and Long Term Disability insurance
- Flexible Spending Account (FSA) option
- 403(b) Retirement Plan option
- Twelve paid Holidays per year
- Professional growth and advancement opportunitiesApplication
Instructions:To be considered for this opportunity, please
submit:
- Personal Statement that includes:
- Why you are interested in working for POIC
- How your skills and experience relate to this position
- What you can contribute to our organization and the youth we
serve
- ResumePlease send your Personal Statement and Resume to with
the job title in the subject line. Applicants who do not submit a
Personal Statement that includes the requested information may be
disqualified from consideration for the position.POIC is an equal
opportunity employer and will not discriminate against any employee
or applicant on the basis of age, color, disability, gender,
national origin, race, religion, sexual orientation, veteran
status, or any classification protected by federal, state, or local
law.
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Keywords: POIC & RAHS, Beaverton , Chief Financial Officer, Executive , Portland, Oregon
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