Chief Financial Officer

$200,000 - $280,000/Yr

Cdd Medical - Washington, DC

posted 3 months ago

Full-time - Executive
Washington, DC
Wholesale Trade Agents and Brokers

About the position

The Chief Financial Officer (CFO) at Pact is a pivotal role within the organization, responsible for ensuring the overall financial health and fiscal integrity of the nonprofit. As a member of Pact's executive leadership team, the CFO plays a crucial role in guiding the organization towards its mission of human development across nearly 40 countries. The CFO will oversee a variety of functions including financial planning and analysis, accounting, treasury, payroll, insurance, travel, facilities, and technology operations. This position requires a strategic mindset to implement innovative financial management tactics and methodologies that align with Pact's goals. The CFO will work closely with the Board's Finance and Audit Committee and outside investment advisors to manage the organization's financial investments and ensure compliance with all regulatory requirements. In addition to financial oversight, the CFO will partner with the CEO and other executive leaders to drive the success of the organization. This includes developing and managing the annual budget, ensuring the fulfillment of fiduciary responsibilities, and enabling operational integrity across all departments. The CFO will also be responsible for supervising the finance and accounting teams, fostering a strong, cohesive work environment, and encouraging professional development among staff. The role demands a leader who can effectively communicate and collaborate across diverse teams, ensuring that all financial and operational strategies are effectively implemented to support Pact's mission.

Responsibilities

  • Oversee the organization's financial investments in conjunction with the Board's Finance and Audit Committee and outside investment advisors.
  • Provide staffing support to the Finance and Audit Committee of the Board and serve as Corporate Treasurer.
  • Act as signatory for the corporation as Treasurer and CFO for both external and internal documents.
  • Partner with the CEO and executive leadership team to ensure the overall success of the organization and its mission.
  • Direct and lead the Finance, Accounting, IT, and Organizational Operations and Administration functions.
  • Develop and manage financial modeling and planning to ensure financial success of Pact's strategic plan and projects.
  • Manage Pact's annual budget in coordination with all teams and oversee year-end forecasting for reporting to the Board and senior leadership.
  • Ensure compliance with state and federal requirements, donor rules, and Board policies.
  • Manage the organization's liability insurance portfolio.
  • Deliver all accounting and finance functions including cash management, accounts payable and receivable, and preparation of annual financial statements and audits.
  • Drive continuous operational improvement across the organization to accomplish its strategy and mission.
  • Ensure necessary technical resources and support for program delivery through system development and maintenance.
  • Support program operational needs including budget management, compliance monitoring, and grant administration.
  • Work with Business Development and program teams to structure new programs for successful implementation.
  • Manage facilities, including oversight of leases in Washington DC.
  • Supervise all Department staff, conducting regular meetings, goal setting, and performance reviews.

Requirements

  • Master's degree and 15+ years of relevant experience or equivalent combination of education and experience, including 12 years of management experience.
  • Bachelor's degree with 17 years of experience including 12 years of management experience.
  • Significant experience in a large, multi-country non-profit or corporate entity, including oversight of external reporting, compliance, internal audit, and control.
  • Demonstrated ability to plan and develop budgets for large, complex, multi-disciplinary financial systems/programs.
  • Solid knowledge of USAID regulations and other donor financial requirements.
  • Proven ability to develop creative and effective financial and operational strategies.
  • Ability to lead and build a diverse group of staff from different cultural backgrounds.
  • Strong interpersonal skills for effective operation in a multicultural environment.
  • Demonstrated experience as a highly effective manager with strong communication skills.

Benefits

  • Competitive salary range of $200,000-280,000 based on experience and qualifications.
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