Chief Financial Officer

Food Bank
City
Houston
State
Texas
Title
Chief Financial Officer
Description

The Chief Financial Officer (CFO) is part of the Houston Food Bank’s (HFB) executive leadership team, working with executive leadership and Board members on strategic financial goals and ensuring the financial health of the largest food bank in the U.S. by production. This position is responsible for all financial and fiscal management aspects of the organization’s operations. The CFO will provide leadership and coordination in the administrative, business planning, accounting, and budgeting efforts of the organization. The CFO will direct and have overall responsibility for forecasting, financial reporting, and budgetary controls as well as treasury management and banking responsibilities.

End date
Opportunity type
Job
Category
Executive Director / CEO / Other C-Level Executives
Job responsibilities

1. Actively manage the day-to-day accounting and financial operations of the agency.
2. Develop budgets for the agency as a whole, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed.
3. Prepare, analyze, and present monthly financial reports for the agency, its programs, and activities.
4. Report on financial results and issues to the CEO and Board of Directors.
5. Oversee and review the preparation of all program’s financial reporting required for funding sources.
6. Oversee the Billing, Accounts Receivable, and Accounts payables functions/staff and the integration of billing into the accounting system.
7. Oversee the agency’s banking activities and actively manage cash flow to ensure it meets agency needs.
8. Partner in the negotiation and execution of agency contracts with funding sources, vendors, and collaborative service providers.
9. Manage accounting control systems and internal audits enduring the accurate and timely production of accounting information and financial reports.
10. Monitor changes in legal, regulatory, and administrative environments and implement changes in procedures needed to maintain compliance while maximizing operational and financial results.
11. Manage the agency’s liability insurance program, including ongoing risk analysis.
12. Serve as the agency’s primary liaison with its independent Auditor to ensure the annual audit is completed smoothly and in a timely manner.
13. Work in partnership with the CIO to plan and fund technology roadmap, including the development of production systems, new product development, integrations with

operational partner systems, business applications, and data warehousing and analytics infrastructure.
14. Grow the organization’s business intelligence by expanding the implementation of project-based accounting, financial data warehousing, and the use of business analytics. Introduce best practices for using business analytics to inform strategic decision making, organizational development, product and technology investments, pricing, and efficiency improvements.
15. Develops, and analyzes statistical and accounting information in order to appraise operating results in terms of financial position, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
16. Interprets operating results as they affect the financial aspects of the organization and makes specific recommendations for cost reduction and/or surplus improvement.
17. Creates long-range financial plans for fulfilling operating and capital budget needs.
18. Participate in key decisions pertaining to strategic initiatives, operating model, and operational execution.
19. Establishes effective budgeting systems and reporting mechanisms for operating and capital needs.
20. Oversees the preparation and control of operational budgets.
21. Ensures that financial statements are prepared in accordance with GAAP.
22. Ensures effective financial internal controls for the organization. Continually evaluates established policies and procedures, and updates or modifies them as necessary.
23. Supervises the development and implementation of financial information and control systems, including general ledger, budgeting, cost allocation, and other subsystems.
24. Prepares and delivers information and professional development sessions to management and Board members on topics covering corporate governance and fiscal management.
25. Ensures business practices and policies are compliant with internal policies and all relevant laws and government regulations and all relevant employment and labor laws
26. Completes financial analyses of organizational cash flow, investment strategies, banking relationships, debt management, etc. Develops and implements improvements as necessary.
27. Primary responsibility for the relationship with external Investment Manager(s) to ensure that the organization’s investments are managed in accordance with policy and that Board reporting and information needs are met.
28. Works directly with Board Investment Committee to develop and maintain an effective Investment Policy Statement and continuously monitor and review investment performance.
29. Develops and maintains relationships with banking, insurance, and non-organizational personnel in order to facilitate financial activities.
30. Ensures that the organization’s professional reputation is maintained. Ensures appropriate levels of confidentiality regarding organization operations.
31. Adhere to PACT values. (Purpose: Using our strengths passionately to contribute to our mission. Accountability: Choosing to rise above one’s circumstances and demonstrating ownership to achieve results. See It. Own It. Solve It. Do It. Courage: Standing up for what’s right and acting. Transparency: Doing things openly and honestly.)

SUPERVISORY RESPONSIBILITIES (Yes/No):
Leads and manages an accounting team of five (5) or more direct/indirect reports by providing guidance and/or oversight to employees and/or contractors. Develops and maintains roles, responsibilities, and expectations. Practice performance management in support of employee development, and perform administrative duties associated with being a people manager.
Responsibilities include interviewing, planning, assigning, directing work, and resolving problems. Responsibilities also include sponsoring and participating in and/or supporting project teams sponsored by other management team members.

Application qualifications

Education/Experience:
• Bachelor’s Degree in accounting, finance, or business management.
• An MBA or Master’s is preferred.
• 10+ years’ experience leading and managing finance and operations functions
• Experience working with non-profit organizations preferred
Certificates, Licenses, and Registrations:
• Texas Certified Public Accountant (CPA) required
Special Knowledge/Skills/Abilities:

• Non-profit financial management experience including large foundation grants, federal and state contracts, and individual giving.
• Comprehensive understanding of accounting for not-for-profit entities as well as an understanding of Federal, State, and Local Governmental reporting requirements
• Excellent analytical skills and expertise with Excel.
• Excellent written and verbal communication skills.
• Payroll reporting and processing of payroll taxes.
• Employee benefits, including the management of health care and retirement plans.
• General office software, particularly Microsoft Office Suite, and accounting software packages.

COMPLIANCE:
General accounting and financial reporting procedures in accordance with the State of Texas OPM Cost Standards, GAAP, and OMB Circulars A110, A-133, and A-122 contract/grant budgeting/reporting procedures and requirements.

Carries out responsibilities in accordance with HFB policies, and applicable federal and state laws, including the EPA, OSHA, MSDS, USDA & Texas health and safety laws, as well as grant and/or funding requirements or regulatory operating standards.

Benefits

Core Benefits:
Medical
Dental
Vision
Disability Insurance
Life Insurance
Accidental Death and Dismemberment (AD&D) Insurance
Direct Deposit and Credit Union Access
401K

Time-Off Benefits:
PTO (Paid Time Off) Days
Holidays
Leave of Absence (including Military Leave)
Jury Duty
Bereavement Days

Work/Life Benefits:
Employee Assistance Program
Tuition Reimbursement Program

This information offers only a brief overview of the benefit plans available to Houston Food Bank associates.

Deadline
How to apply

Please send resume to Alesia Sosa at [email protected]

About the organization

The Houston Food Bank first opened its doors on March 8, 1982, as a vision realized for compassionate individuals to provide hunger relief. Their first home was a storefront in a north Houston shopping center donated by Joan and Stanford Alexander, who linked arms with founding forces based at Houston Metropolitan Ministries, now Interfaith Ministries for Greater Houston. By the end of 1984, the Houston Food Bank became a member of Second Harvest Network, now Feeding America. The Albert and Ethel Herzstein Foundation donated funding to purchase a 73,000 square foot warehouse in 1988 on US 59 at Cavalcade. In 2007, the Food Bank signed an agreement to purchase the Sysco Distribution Center at 535 Portwall Street, which now serves as the food bank’s current headquarters. The large facility houses employee offices, an onsite conference center fitting upwards of 400 people, food separating stations, a 10,000 square foot state-of-the-art kitchen, and a food storage warehouse.

The Houston Food Bank is the largest food bank in the United States in size and distribution. We serve a network of more than 1,600 community partners in 18 southeast Texas counties, including food pantries, soup kitchens, meal sites and shelters. With their help, we were able to provide access to more than 150 million meals and in FY 2021, a year of COVID response, we made 207 million meals possible.

Additional information

COMPETENCIES:
• Cultivates Innovation
• Instills Trust
• Drives Engagement
• Situational Adaptability
• Balances Stakeholders
• Strategic Agility
• Strategic Mindset
• Builds Networks
• Builds Effective Teams
• Financial Acumen
• Drives Vision & Purpose
• Demonstrates Self Awareness

PHYSICAL REQUIREMENTS:
The physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. While performing the duties of the job, the associate is required daily to analyze and interpret data, communicate, and remain in a standing or stationary position for a significant amount of the workday; and often access, input, and retrieve information from the computer and other office productivity devices. The associate must regularly move about the office and around the facility, use hands, wrists, and fingers to grip, type, and write. The associate will need to have the average ability to hear horns, warnings, and alerts associated with a warehouse. The associate must occasionally travel to other sites for business.

WORK ENVIRONMENT:
The work environment characteristics described here are representative of those associate encounters while performing the essential functions of this job. While the job is generally performed in an enclosed office environment, the associate is occasionally exposed to freezers, enclosed and/or tight spaces, wet and/or humid conditions, and areas in which moving mechanical parts, fumes, toxic or caustic chemicals are present, strong food-related smells, and outside weather conditions. The noise level in the office environment is typically quiet, but the associate will be occasionally exposed to loud noise levels (e.g., horns, fans).

TRAVEL REQUIRED:
Local and Domestic travel only up to 10%

*Is legally able to work in the United States.

The foregoing statements describe the general purpose and essential job functions required to this job and are not an exhaustive list of all responsibilities, working conditions, qualifications, and skills that may be required.
Houston Food Bank (HFB) is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities, and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented, and diverse workforce. HFB is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding, and medical conditions related to pregnancy), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.

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