Catholic Diocese Of Cleveland Foundation - Cleveland, OH

posted 3 months ago

Full-time - Senior
Cleveland, OH

About the position

The Chief Financial Officer (CFO) of the Diocese of Cleveland is a pivotal role that provides financial leadership and strategic direction for the diocese, which encompasses a large community of over 692,000 Catholics across several counties in Ohio. Reporting directly to the Bishop of Cleveland and working closely with the Moderator of the Curia, the CFO will oversee various departments including Parish Financial Services, School Financial Services, Human Resources and Employee Benefits, and Diocesan Risk Management & Insurance Services. This full-time, exempt position is essential for ensuring the financial health and sustainability of the diocese's operations and services. The CFO will be responsible for the development and management of the Diocese's substantial budgets, including a $27+ million administrative budget and a $90+ million benefit/insurance plan budget. Additionally, the CFO will manage a personal operating budget exceeding $3 million. Key responsibilities include the preparation of financial statements, budgets, and financial analyses, as well as managing bank relations, cash management, debt oversight, and investment oversight. The CFO will also play a critical role in overseeing diocesan accounting and risk management, ensuring compliance with financial regulations and best practices. The ideal candidate for this role will have a strong background in financial leadership within a comparable Diocesan financial organization or a complex Catholic nonprofit organization. The successful candidate will demonstrate a commitment to the values and mission of the Roman Catholic Church, possess 5 to 10 years of senior financial leadership experience, and have a proven track record in fiscal management and developing revenue sources. Strong communication and organizational skills, along with the ability to manage change and transition effectively, are essential for success in this role.

Responsibilities

  • Develop and manage the Diocese's $27+ million administrative budget.
  • Oversee the $90+ million benefit/insurance plan budgets.
  • Manage a personal operating budget exceeding $3 million.
  • Prepare financial statements, budgets, and financial analyses.
  • Manage bank relations, cash management, debt oversight, and investment oversight.
  • Oversee diocesan accounting and risk management.
  • Collaborate with the Bishop and senior management to develop financial goals and strategies.
  • Participate in the Diocese's ongoing strategic planning process.
  • Re-energize the diocesan risk management program.
  • Support fundraising initiatives with the Executive Director of the Catholic Community Foundation.
  • Evaluate options for implementing an electronic billing system.

Requirements

  • Experience as a top financial executive in a comparable Diocesan financial organization or a complex Catholic nonprofit organization.
  • 5 to 10 years of senior financial leadership experience in a comparable Diocese.
  • Strong fiscal management skills and experience in developing revenue sources.
  • Demonstrated support and commitment to the values and mission of the Roman Catholic Church.
  • Strong communication and organizational skills.
  • Proven ability to manage change and transition.

Benefits

  • Comprehensive benefits package
  • Retirement plan
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