Chief Financial Officer

CNY Works - Syracuse, NY

Full-time - Senior

Syracuse, NY

Social Assistance

About the position

The Chief Financial Officer (CFO) at CNY Works, Inc. is a senior leadership role responsible for managing the financial operations of the agency. This position ensures the financial health and sustainability of the organization by overseeing financial reporting, budgeting, forecasting, financial analysis, and compliance with various funding sources. The CFO collaborates closely with the Executive Director and Board of Directors to develop and implement financial strategies that align with the agency's mission and goals.

Responsibilities

• Prepare periodic financial reports in accordance with Board and grantor requirements.
• Develop and administer cost allocation processes to align costs with grant requirements.
• Maintain spreadsheets related to funded training costs and account for accruals and obligations as required by grantor requirements.
• Prepare GAAP basis financial statements and work with external auditors for audits as per Government Auditing Standards and 2 CFR 200, Uniform Guidance.
• Review Nonprofit Federal and NYS annual filings before sharing with the Executive and Finance Committee and full Board.
• Supervise staff performing accounting and finance functions, ensuring accurate reporting of programmatic outcomes.
• Prepare RFP documents and evaluation criteria, ensuring adequacy of procurement and purchasing processes.
• Manage contracting processes, ensuring compliance with Uniform guidance and internal policies.
• Oversee the organization's cash management system and prepare cash requests for applicable expenses.
• Audit invoices and prepare weekly checks for Executive Director's signature.
• Prepare cost projections and analysis related to grantor-required spending thresholds.
• Collaborate with Management to develop the annual budget and create individual budget plans for grant applications.
• Present budget-to-actual reporting and describe variances to management and the Board.
• Administer the agency's 401(k) retirement plan and ensure compliance with regulations.
• Oversee and maintain accounting systems that support internal and external reporting requirements.

Requirements

• Bachelor's degree with a concentration/major in Accounting, CPA preferred.
• Five to ten years of experience in progressively responsible positions, with at least five years in a senior management role.
• Experience in grant accounting, policymaking, leading, supervising, and training staff.
• Strong decision-making and business planning skills.
• Experience in a non-profit organization is ideal.