CHIEF FINANCIAL OFFICER
The Chief Financial Officer (CFO) is critical to the success of the Orange Catholic Foundation (OCF). The CFO is responsible for business and financial management and long-term operations of the Foundation. The CFO acts to ensure that financial and operations systems and processes are accurate and efficient.
Reporting directly to the Executive Director, the CFO is responsible for several key functions, including accounting and finance, investments and information technology. This is a pivotal role, working closely with Foundation staff, the Board of Directors, and board committees to create the systems that effectively manage fundraising campaigns and appeals, the Foundation’s annual operating budget, endowments, donor-advised funds, investments; and grant-making activities. The CFO is a key member of the Foundation’s management team and, as requested, may act on behalf of the Executive Director when s/he is not present.
The CFO’s responsibilities include, but are not limited to, the following:
Finance and Strategy
- Responsible for accurate and timely accounting and financial reporting for OCF, as well as establishing and maintaining a strong system of internal controls. Use of GAAP to ensure precise and competent financial records. Handle all OCF financial operations in conjunction with the Executive Director and Finance Committee of the Board.
- Prepare and administer the annual operating budget, including preparation of monthly financial statements and management reports.
- Prepare and distribute monthly line item budgets to each department manager.
- Maintain banking activities and relationships under the direction of the Executive Director and Board of Directors.
- Responsible for the overall strategy, design, and management of OCF’s operating and investment accounts.
- Establish operational objectives, and oversee short and long-range forecasts related to both OCF spending and investment performance.
- Oversees the annual audit and cooperates with external auditors.
- Oversees OCF’s financial tracking, budget development, budget forecasting and tracking, tax returns, annual audit, accounts payable, pledge receivables, contracting, gift processing reports, endowment management and reporting, and other financial duties as assigned.
- Maintains appropriate levels of insurance to reduce risk and protect the assets of the OCF.
- Acts to implement the OCF strategic plan
- Assists in formulating the Foundation’s future direction and supporting tactical initiatives.
- Collaborates closely with the Executive Director, Board of Directors and staff.
- Develops financial and revenue strategies.
- Manages the capital request and budgeting processes.
- Develops indicators that track the Foundation’s performance.
Compliance and Oversight
- Ensures compliance with all state and IRS rules and regulations governing nonprofits and private foundations. Remains well-informed of all 501(c)(3) laws and changes affecting nonprofit organizations.
- Ensures all legal requirements for OCF are met, including service agreements with the Diocese of Orange, conflict of interest policies, contracts (both vendor and grantee), internal document maintenance, endowment agreements, and governance issues.
OCF Board & RCBO Liaison
- With guidance from the Executive Director, serves as the primary staff liaison to the Board’s Finance, Audit, and Investment Committees and provides the Board with information concerning yearly finances, long range projections and important issues and trends in foundation management.
- As required by the Executive Director, maintains relationships with appropriate personnel at the RCBO.
- Represents OCF on committees, as necessary.
- Manages the development of official OCF documents, including policy and procedure manuals, ensuring quality and accuracy of all staff documents for Board consideration.
- Works with Executive Director and board committee chairs to develop Board meeting goals and agendas.
- Assists in managing Human Resources and with decisions regarding hiring, salaries and procedures as outlined in the OCF Employee Handbook.
- Supervises accounting staff and Advancement Services Director setting clear expectations and providing opportunities for professional growth as appropriate.
- Works with auditors and consultants as needed,
Operations and Technology
- Oversee efficient office systems, including those related to OCF gift and pledge processing, grant-making, fund distributions, staffing, contracting, and office management.
- Oversee and maintain all OCF software, including Sage MIP financial accounting, payables, contacts, grants and fund distribution management and Blackbaud systems.
Infrastructure Leadership and Internal Teamwork
- Ensures consistency and efficiency throughout the foundation. Identifies opportunities to reduce costs and improve organizational performance.
- Assesses, evaluates and provides guidance for workflow improvement and improved decision-making.
- Collaborates with Executive Director and staff to design and implement methods to measure organizational and management performance against goals.
- Works collaboratively with OCF staff on strategic issues. Contributes to the development of a supportive and collaborative work environment through active participation in projects, teams and activities.
- Develops and maintains productive relationships with key players within the Diocese of Orange and OCF including legal, HR, facilities, finance, and accounting staff and related volunteers.
- Represents, as directed by the Executive Director, OCF at regional, state and national associations.
- A master’s degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience within a major not-for-profit organization with assets in excess of $25 million.
- Preference will be given to candidates with an MBA and the Certified Public Accountant or Certified Management Accountant designations.
- Should have extensive experience in collaborating with an executive team, and have a high level of written and oral communication skills.
- Must have a passion for OCF’s mission and vision.
- Entrepreneurial spirit with imagination, vision, leadership, and integrity.
- A demonstrated ability to plan and operate strategically, to build public support, to strengthen infrastructure, to inspire staff and the Board of Directors, and to develop effective programs.
- Exceptional financial, organizational, and administrative skills.
- Excellent knowledge of fiscal management, budgeting, and cash flow management.
- The ability to plan, set goals and objectives, organize and follow through.
- A strong communication skill set, and demonstrated ability to work effectively with and gain the respect and support of varied and changing constituencies, including staff, board members, church leadership, potential donors, volunteers, and others.
- A team builder with a record of accomplishment of effective staff management, including hiring, rewarding, developing, and retaining talented managers and administrative staff members.
- Ability to juggle many responsibilities at once and to operate both independently and with the flexibility to be part of a team.
- Computer literate: Knowledge of Word and Excel and an ability to learn database software.
- Bilingual (Spanish or Vietnamese) a plus.
Demonstrate the Following Capabilities:
- Commitment to the mission and work of the Foundation with the credibility and persuasiveness to secure support from others.
- Familiarity with and a strong commitment to Catholic values.
- A manager who leads by example and exemplifies the values and ethics of the organization.
- An organized individual with strong creative and conceptual skills.
- A decisive and resourceful individual who will accept responsibility and take charge of results, as well as work successfully with limited resources.
- A self-starter who is confident enough to express opinions, to forge ahead when appropriate and hold back when necessary, with a sensitivity to the feelings and opinions of others.
- An energetic person who is emotionally mature and dependable, a collegial individual.
- A person who can be the public face of the Orange Catholic Foundation when called upon to do so.
For further information, contact email@example.com or 714.433.7040.
To apply, email cover letter and resume to firstname.lastname@example.org.