Chief Financial Officer

City
Memphis
State
Tennessee
Title
Chief Financial Officer
Description

Reporting to the CEO, the Chief Financial Officer (CFO) will lead the Mid-South Food Bank’s financial policy and direction while partnering with the Board and staff to execute the organization’s overall strategy. S/he will lead all financial administration, business planning and budgeting. The CFO will work closely with the finance committee of the Board of Directors. The CFO will lead the Mid-South Food Bank’s finance, human resources (HR), and information technology (IT).

Specific responsibilities include:

Strategy
• Partner with the CEO, COO, & CDO on all operational and strategic issues; provide recommendations based on financial analysis and projections, cost identification and allocation and revenue/expense analysis.
• Participate in the ongoing strategic planning process.
• Oversee long-term budgetary planning and cost management.
• Engage the Chief Development Officer to align financial management with short- and long-term goals, financial planning and projections.
• Engage the finance committee around issues, trends and changes in the operating model.

Financial and Operational Management
• Lead the budgeting process and oversee the implementation of budgets, both operational and capital expenditure.
• Present operational metrics both internally and externally.
• Ensure that finance staff and database manager maintain financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds.
• Prepare and communicate quarterly and annual financial statements for senior leadership, finance committee and Board of Directors.
• Oversee and evaluate all inventory management in Ceres, including all USDA, donated and purchased food; including periodic preparation of funding available for food and other grant purchases.
• Manage cash flow and forecasting; direct all financial, project-based, donor database and departmental accounting.
• Coordinate all audit activities and form 990s for Mid-South Food Bank and its subsidiary company -Feeding The Need.
• Evaluate and oversee all benefits negotiations.
• Oversee and monitor the financial reporting and metrics for grantees on a quarterly basis.
• Recommend improvements to the systems in place for finance, HR and IT and manage the systems going forward.

Team Management
• Develop and manage direct staff
• Engage other members of the team to facilitate collaboration that ensures that all financial, IT, and HR solutions positively support Mid-South Food Bank’s evolving strategy.

Qualifications:
The CFO will be a leader with at least 10 years of broad finance experience, including gathering and evaluating finances and making recommendations to senior leadership. S/he will have ideally have experience managing finance (accounting, budgeting, control, and reporting), HR, and IT for a mid-size nonprofit (minimum budget of $4MM).

The CFO will have the following experience and attributes:
• A minimum of a BS and CPA/CMA; MBA a plus.
• Evidence of being a proactive partner to the chief executive. If coming from the for-profit world, nonprofit board experience preferred.
• Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting.
• Skill in examining, developing, reengineering, and recommending financial, HR, and technology policies and procedures.
• Strong analytical skills and experience interpreting a strategic vision into an operational model.
• A collaborative and flexible style, with a strong service mentality. Needs to be seen as a team player who is committed to lifelong learning.
• A hands-on manager with integrity and a desire to work in a dynamic, mission-driven environment.
• An effective communicator, with strong oral and written skills.
• Strong commitment to developing team members.
• Must have a valid Driver’s License.

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

Specific responsibilities include:

Strategy
• Partner with the CEO, COO, & CDO on all operational and strategic issues; provide recommendations based on financial analysis and projections, cost identification and allocation and revenue/expense analysis.
• Participate in the ongoing strategic planning process.
• Oversee long-term budgetary planning and cost management.
• Engage the Chief Development Officer to align financial management with short- and long-term goals, financial planning and projections.
• Engage the finance committee around issues, trends and changes in the operating model.

Application qualifications

Qualifications:
The CFO will be a leader with at least 10 years of broad finance experience, including gathering and evaluating finances and making recommendations to senior leadership. S/he will have ideally have experience managing finance (accounting, budgeting, control, and reporting), HR, and IT for a mid-size nonprofit (minimum budget of $4MM).

The CFO will have the following experience and attributes:
• A minimum of a BS and CPA/CMA; MBA a plus.
• Evidence of being a proactive partner to the chief executive. If coming from the for-profit world, nonprofit board experience preferred.
• Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting.
• Skill in examining, developing, reengineering, and recommending financial, HR, and technology policies and procedures.
• Strong analytical skills and experience interpreting a strategic vision into an operational model.
• A collaborative and flexible style, with a strong service mentality. Needs to be seen as a team player who is committed to lifelong learning.
• A hands-on manager with integrity and a desire to work in a dynamic, mission-driven environment.
• An effective communicator, with strong oral and written skills.
• Strong commitment to developing team members.
• Must have a valid Driver’s License.

Benefits

Insurance
Free Vision and Dental
11 paid Holidays
401K Plan

Deadline
How to apply

Mid-South Food Bank
William H. Salley, Human Resources Director
[email protected]

About the organization

MSFB Mission
We change lives by eliminating hunger in the Mid-South
MSFB Vision
Hunger to Hope
MSFB Values
Accountability Collaboration Dignity & Respect Diversity Innovation
Integrity Passion Service Stewardship Urgency

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