Shuvel Digital - Washington, DC

posted 7 days ago

Full-time - Senior
Washington, DC

About the position

The Chief Financial Officer (CFO) at Wacif is a key member of the Executive Team, responsible for providing strategic leadership and oversight of the organization's financial operations. The CFO will drive the achievement of Wacif's long-term financial goals while ensuring the financial health and sustainability of the organization. This role involves managing the finance team, developing financial strategies, overseeing budgeting processes, and ensuring compliance with financial regulations.

Responsibilities

  • Set clear and achievable goals for the Finance team and monitor progress.
  • Provide ongoing support and feedback to team members for their professional development.
  • Coach and mentor team members to enhance their expertise and collaboration.
  • Lead the development and implementation of strategic financial objectives for Wacif.
  • Evaluate financial strategies for all Wacif entities to ensure alignment with organizational goals.
  • Provide guidance for short-term and long-term financial plans and projections.
  • Oversee the annual budgeting process and present budgets to the Finance & Audit Committee.
  • Monitor financial performance against budgets and implement corrective actions as necessary.
  • Build a pipeline of lenders to support capitalization plans and lead negotiations for debt capital funding.
  • Provide oversight and strategic advice for financial reporting, ensuring accuracy and compliance.
  • Facilitate the opening and closing of bank accounts and manage corporate card accounts.
  • Identify and implement strategies to mitigate risks across Wacif entities.
  • Maintain a positive relationship with external audit firms and support audit processes.

Requirements

  • At least 15+ years of progressive experience in senior financial management roles.
  • Advanced degree in Accounting, Finance, or related field (MBA, CPA, or CFA preferred).
  • Strong communication skills for effective stakeholder engagement.
  • Experience in leading organizational change initiatives.
  • Proven ability to address complex challenges with creative problem-solving skills.
  • Experience managing multiple projects and ensuring timely delivery of results.
  • Engagement with private and public sector debt investors through deal sourcing and due diligence.
  • Experience with creative capital structures and credit risk decisions.
  • Experience leading a high-functioning finance team in growing organizations.
  • Working knowledge of non-profit revenue recognition principles.
  • Strong analytical skills with a compliance and risk-oriented mindset.
  • Advanced proficiency in MS Office Suite.

Nice-to-haves

  • Experience in financial institutions, investment firms, or broader financial services (non-profit experience preferred).
  • Experience working in a CDFI, financial services, or investment management firm.

Benefits

  • Health insurance coverage
  • 401k retirement savings plan
  • Flexible scheduling options
  • Professional development opportunities
  • Paid holidays
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