About the position
The Chief Financial Officer (CFO) will be responsible for overseeing The Alliance's financial operations, including accounting, budgeting, cash management, investments, payroll, and risk management. In addition to ensuring accurate and transparent financial reporting, the CFO will provide strategic financial leadership to help guide The Alliance's role in advancing economic development initiatives across Oklahoma City. You will manage multiple nonprofit and governmental-related financial activities, oversee compliance with various federal and state requirements, and collaborate with public and private entities- City of Oklahoma City, Oklahoma County, Oklahoma City Chamber of Commerce, Oklahoma Department of Commerce, and the local business community to plan and execute development projects. As part of a small, fast-paced office, you will be both a hands-on financial expert and a strategic partner to the CEO and President. This is a unique opportunity for a driven and forward-thinking financial leader to shape the future of Oklahoma City through strategic resource management and innovative development. As the Chief Financial Officer (CFO) at The Alliance for Economic Development, you will play a pivotal role in spearheading transformative projects that fuel the city's growth and vitality. By partnering closely with the CEO, you will guide the deployment of a variety of funding mechanisms-ranging from Tax Increment Financing (TIF) districts to federal grants-to catalyze high-impact initiatives such as new sports facilities, industrial expansions, and community revitalization programs. In this high-visibility position, you'll leverage your in-depth knowledge of accounting, banking, and investments to ensure that every dollar is optimally allocated, while also crafting future-focused financial strategies that align with The Alliance's mission of sustainable economic and community development.
Responsibilities
- Develop and implement long-term financial strategies, including forecasting and budgeting for The Alliance's $98 million portfolio and for the $200+ million Oklahoma City Economic Development Trust.
- Serve as a strategic advisor to the CEO and President, providing insight on future financing options for development projects, TIF allocations, and other economic development tools.
- Identify opportunities for cost savings, additional funding, and improved business efficiencies.
- Oversee day-to-day accounting, financial reporting, payroll, accounts payable/receivable, and cash management.
- Coordinate the development of annual operating, capital, and program budgets for The Alliance and its related entities.
- Ensure timely financial reporting to the Board, external stakeholders, and regulatory agencies.
- Prepare and present financial analyses, forecasts, and key performance indicators to inform decision-making.
- Manage and direct audit engagements for nonprofit and governmental entities, ensuring compliance with federal grant requirements and applicable tax filings.
- Stay informed of relevant legislation, enforce compliance, and recommend/implement actions to maintain proper internal controls and adherence to best practices.
- Oversee and coordinate with external auditors to complete annual financial audits efficiently.
- Develop, refine, and implement financial policies, internal control frameworks, and purchasing procedures aligned with both nonprofit and governmental standards.
- Oversee risk management practices, including insurance coverage, procurement, and contract negotiations.
- Evaluate and manage banking relationships, investment strategies, and cash flow to support operational needs.
- Lead and mentor the finance team, ensuring alignment with organizational goals and fostering a culture of accountability.
- Collaborate with City, County, and State agencies, as well as private partners, on development financing strategies, incentive planning, and project reporting.
- Manage relationships with employee benefits vendors, insurance carriers, and other contractual partners.
- Provide financial oversight and risk analysis for upcoming large-scale projects, including development around a new NBA arena, soccer stadium, 2028 Olympics support, and industrial sites.
- Assist with land acquisitions, new developments, and other city-led initiatives aimed at driving economic growth.
- Evaluate and structure financing options (e.g., TIF, bond financing, grants) to optimize The Alliance's impact and resources.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field required.
- CPA, CPFO, or other relevant certification is strongly preferred.
- In-depth knowledge of financial processes such as accounting, banking, investments, payroll, and accounts payable/receivable.
- Experience with nonprofit/governmental requirements, including audit engagements, federal grant compliance, and tax filings.
- Skilled in developing and analyzing budgets, financials, and forecasts for both organizational operations and development projects.
- Track record of developing and implementing controls, purchasing procedures, and financial policies.
- Ability to research, learn, and manage benefit vendors, insurance carriers, and other contractual relationships.
- Proven capacity to identify cost savings, explore funding opportunities, and streamline processes.
- Experience in strategic financial projections and serving as a collaborative thought partner to executive leadership.
- Proficiency in financial software, Excel, and other data analysis tools.
- Excellent communication and interpersonal skills; ability to collaborate with diverse internal and external stakeholders.
- Self-motivated, independent worker who values collaboration and can thrive in a small, fast-paced team environment.
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