Vice President & Chief Financial Officer

City
CLEVELAND
State
Ohio
Title
Vice President & Chief Financial Officer
Description

Responsible for leading, planning and overseeing all financial and fiscal management aspects of the organization’s operations. Provide leadership and coordination in the administrative, information technology, business planning, accounting, compliance and budgeting efforts of the organization. Direct, with overall responsibility for, internal controls, forecasts, financial reporting, compliance and budgetary controls as well as treasury management and banking. Leads team of accounting, IT and administrative staff to reach organizational goals and provide excellent internal and external customer service. Performance of the following duties is done personally or through subordinate staff.

End date
Opportunity type
Job
Job responsibilities

• Oversee the preparation and control of the organization’s budgets and forecasts.  Interpret operating results as they affect the financial aspects of the organization and make specific recommendations for cost reduction, revenue enhancement and surplus improvement.

• Develop and analyze statistical and accounting information in order to appraise operating results in terms of financial position, performance against budget or forecast, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.

• Establish effective budgeting systems and reporting mechanisms for operating and capital needs.

• Serve as an active and engaged member of the Senior Leadership Team.  Participate in key decisions pertaining to strategic initiatives and operational execution.

• Provide financial information and support to management and the Board in the formulation and execution of strategic plans and objectives for the organization.  Create long range financial plans for fulfilling operating and capital budget needs based on strategic plans and initiatives.

• Ensure financial statements are prepared in accordance with Generally Accepted Accounting Principles and oversee the preparation of the annual audit and the Form 990.

• Ensure Charity Navigator, Guidestar and Cleveland Better Business Bureau are updated annually with the most up to date information.

• Ensure effective financial and information technology internal controls for the organization. Continually evaluate established policies and procedures, and update or modify them as necessary.

• Ensure compliance and accurate reporting with all appropriate governmental agencies and revenue-based contracts, all relevant laws and regulations, the Food Bank’s policies and procedures, the food bank’s Regulatory/Compliance Reporting Policy, and the Better Business Bureau Wise Giving Alliance Standards for Charity Accounting.

• Complete financial analyses of organizational cash flow, investment strategies, banking relationships, debt management, etc. Develop and implement improvements as necessary.

• Along with the appropriate board committee chair, lead the Finance and Audit Committees of the Board.             

• Work directly with the Finance Committee to develop and maintain effective Investment Policies for all investments and continuously monitor and review investment performance. Maintain primary responsibility for relationship with external Investment Manager(s) to ensure that the organization’s investments are managed in accordance with those policies and that Committee and Board reporting and information needs are met.

• Work with the Audit Committee and our auditors to ensure a thorough annual auditing process and to oversee compliance.

• Develop and maintain good working relationships with banking, insurance, and non-organizational personnel in order to facilitate financial activities.

• Ensure that the organization’s professional reputation is maintained. Ensure appropriate levels of confidentiality regarding organization operations.

• Provide overall leadership and supervision to the Accounting, Compliance and Information Technology departments and ensure sufficient back-up or succession.

• Maintain required job knowledge, skills, and core professional competencies. Attend and participate in required educational programs and staff meetings.

• Act as a resource to the Feeding America Financial Leaders network.

 

Application qualifications

Bachelor's degree in accounting, finance, or business management. MBA preferred. CPA required. Ten or more years of high level accounting experience. Five or more years of supervisory experience; or equivalent combination of education and experience. Previous accounting experience with a nonprofit or public accounting firm preferred. Thorough knowledge of financial and accounting practices and procedures and Generally Accepted Accounting Principles. Four to five years of management experience required.

Benefits

Apply for a position at Greater Cleveland Food Bank where we offer a culture of learning and development, competitive pay and amazing benefits including Low Cost Medical, Dental, Vision, Short-Term and Long Term Disability, Life Insurance, Generous Retirement Plan and Holiday Pay all starting on first day of hire and paid time off which starts after 90 days.

Deadline
About the organization

Choose a career where you can better someone else’s life, while bettering your own. The Greater Cleveland Food Bank is the largest hunger relief organization in Northeast Ohio having provided over 50 million meals in 2018 to hungry people in Cuyahoga, Ashtabula, Geauga, Lake, Ashland and Richland counties. The organization’s mission is to ensure that everyone in these communities has the nutritious food they need every day.