OMJCC_ Chief Financial Officer

OMJCC - Cleveland, OH

Full-time - Senior

Cleveland, OH

About the position

The Chief Financial Officer (CFO) is a strategic leader responsible for overseeing all financial and fiscal management aspects of a local non-profit organization. This role involves directing accounting, finance, treasury, information technology, and risk management while collaborating with the President & CEO and senior management to develop financial goals and strategies. The CFO plays a crucial role in ensuring financial stability, facilitating growth, and managing resources to align with the organization's mission and values.

Responsibilities

• Provide financial information and support to the President & CEO and the Board in formulating and executing financial strategies.
• Lead the annual budgeting process, collaborating with senior leaders to develop accurate financial plans.
• Prepare financial statements, analyze performance, and recommend strategies for revenue generation and cost control.
• Prepare forecasts for business growth and monitor financial indicators and market trends.
• Create long-range financial plans based on strategic initiatives and operating needs.
• Oversee all financial activities including accounting, budgeting, and financial reporting.
• Implement policies and procedures to streamline workflows and ensure compliance with regulations and GAAP.
• Ensure financial statements are prepared in accordance with GAAP and oversee the annual audit and Form 990 preparation.
• Establish financial internal controls and maintain accurate financial records.
• Provide timely financial reports and analysis to inform senior leadership and the Board.
• Collaborate with external auditors and funding sources to ensure compliance and transparent reporting.
• Optimize resource allocation and evaluate systems for cost savings and revenue expansion.
• Complete financial analyses of cash flow, investment strategies, and debt management.
• Drive initiatives to enhance revenue cycle management and billing practices.
• Manage cash flow forecasting and maintain appropriate cash reserves.

Requirements

• Proven experience as a CFO or in a senior financial management role, preferably in a non-profit organization.
• Strong knowledge of corporate finance and accounting principles, laws, and best practices.
• Experience with financial reporting and analysis, budgeting, and forecasting.
• Ability to develop financial strategies that align with organizational goals.
• Excellent leadership and team management skills.
• Strong analytical and problem-solving abilities.
• Proficiency in financial software and Microsoft Office Suite.

Nice-to-haves

• Experience with fundraising and grant management in a non-profit context.
• Familiarity with financial regulations and compliance requirements for non-profits.
• Advanced degree in finance, accounting, or business administration.

Benefits

• Health insurance coverage
• Retirement savings plan
• Paid time off
• Professional development opportunities
• Flexible scheduling