Temporary Chief Financial Officer

Boys & Girls Clubs Of Southcentral Alaska - Anchorage, AK

Full-time - Executive

Anchorage, AK

Social Assistance

About the position

The Temporary Chief Financial Officer (CFO) is responsible for managing the financial operations of Boys and Girls Clubs of Southcentral Alaska. This role is crucial as the CFO will have a day-to-day, ongoing impact on company operations, helping to analyze, strategize, and grow the organization's financial position. The ideal candidate is a seasoned strategist who understands current accounting practices and trends, has experience raising capital, and is adaptable to change. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills. The CFO will plan, develop, and execute the near-, short-, and long-term financial strategy of the organization. This includes identifying investment opportunities and additional non-donation revenue sources, overseeing and executing the annual fiscal audit, and managing the finance department along with associated accounting procedures. The CFO will prepare and maintain a comprehensive budget by department to effectively manage expenses, cash flow, and the grant award spend rate. Analyzing organizational financial data and creating models based on this analysis will be a key responsibility, as will working with senior managers to develop budget proposals and ensure contract/grant compliance and reporting. Additionally, the CFO will research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement. Risk management will be a significant part of the role, involving the analysis of organizational liabilities and investments, as well as evaluating and managing capital structure and fundraising initiatives. The CFO will monitor business performance using tracking tools and key performance indicators, establish corrective measures as needed, and prepare detailed reports for the Board of Directors, management team, and the rest of the organization. Managing finance personnel and overseeing financial IT systems while ensuring compliance with relevant regulatory entities is also essential.

Responsibilities

• Plan, develop, and execute the near-, short-, and long-term financial strategy of Boys & Girls Clubs of Southcentral Alaska.
• Identify investment opportunities and additional non-donation revenue sources.
• Plan for, oversee, and execute the annual fiscal audit.
• Oversee and manage the finance department and associated accounting procedures.
• Prepare and maintain a comprehensive budget by department to manage expenses, cash flow, and grant award spend rate.
• Analyze organizational financial data and create models based on the analysis.
• Work with senior managers to develop budget proposals and ensure contract/grant compliance and reporting.
• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement.
• Perform risk management through analysis of organizational liabilities and investments, and evaluate and manage capital structure and fundraising initiatives.
• Monitor business performance with tracking tools and key performance indicators, establish corrective measures as needed, and prepare detailed reports for the Board of Directors and management team.
• Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities.

Requirements

• Seven or more years of experience in executive leadership roles.
• Experience in managing annual budgets in excess of $10M.
• Excellent leadership skills, with steadfast resolve and personal integrity.
• Exceptional verbal, written, and visual communication skills.
• Understanding of advanced accounting, regulatory issues, and tax planning.
• Working knowledge of how to raise capital outside traditional lines of credit.

Nice-to-haves

• Master's degree (or equivalent experience) in accounting, business accounting, or finance.
• Experience in non-profit accounting and fundraising.
• Professional certification (ex: Certified Public Accountant).