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Fractional CFO needed for consulting engagement in Hampton! in Hampton, VA at Vaco

Date Posted: 9/11/2018

Job Snapshot

Job Description


GENERAL DEFINITION

The Chief Financial Officer (CFO) provides both operational and programmatic support to the organization. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO reports directly to the President/Chief Executive Officer (CEO) and directly assists the Chief Operating Officer (COO) on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.

ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
  • Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
  • Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
  • Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
  • Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring all A-133 audit issues are resolved, and all 403(b) compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state and other required supplementary schedules and information.
  • Ensure adequate cash flow to meet the organization's needs.
  • Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES

  • Knowledge of::QuickBooks
  • Accounting in accordance with U.S. Generally Accepted Accounting Principles, OMB Circulars A-133, A-110 and A-122, TANF program regulations and compliance requirements, and appropriate Code of Federal Regulations sections.
  • Organizational development, human resources, and program operations.
  • General office software, particularly the Microsoft Office Suite and MIP software (or other similar general ledger software) and use of databases.
  • Create and assess financial statements and budget documents

EDUCATION AND EXPERIENCE
Education:

  • Completion of a bachelor's degree at an accredited college or university or equivalent work experience.
  • Completion of a master's degree at an accredited college or university or equivalent work experience.
  • Certified Public Accountant (CPA) designation

Experience

  • The Controller or Chief Financial Officer level.
  • Five to seven years of financial experience and management experience with the day-to-day financial operations of an organization of at least 50 staff persons.