Colorado Nonprofit Association

Chief Financial Officer

Chief Financial Officer (CFO)  

Description 

Position Summary:  

This high-level strategic leadership position is responsible for
the oversight and management of all financial operations. As a key member of
the Senior Leadership Team, works directly with the CEO on all strategic and
tactical matters as they relate to long-term organizational planning, budget
and cash flow management, cost-benefit analysis, and forecasting needs.
Responsible for the development of standard accounting, analysis, and reporting
procedures, and the exercise of overall financial control. Must be well versed
in all aspects of financial management ranging from accounting to broad
investment and banking operations. Oversees the Agency’s revenues and profits to
achieve financial control and sustainable growth.  

 Salary Range: $125,000 – $170,000 – $210,000 per year  

 Responsibilities:  

• Working directly with & overseeing the success and
  daily operations of the accounting team. 
• Responsible for fiscal analysis, strategic financial
  planning, budgeting, and forecasting activities, as well as overseeing
  investing and financing. 
• Formulates and recommends policies on banking, receipt,
  and disbursement of funds, extension of credit, and fiscal and accounting
  matters. Oversees cash management and investments. Coordinates investment
  activities with the committee and external investment advisor; monitors
  investments held by foundations. 
• Responsible for ensuring that all financial
  plans/policies are current, and the Agency remains in compliance with
  those policies.  
• In conjunction with the Chief Strategy Officer (CSO),
  ensures that risk management plans/policies are current and coordinates
  the purchase of commercial insurance. 
• Oversees all operating and capital budgeting processes
  in conjunction with the Director of Accounting as well as financial
  planning, reporting, and forecasting. Partner with program staff to
  understand, utilize, and adjust budgets as needed, and manage costs to
  achieve the Agency’s financial goals.  
• With the CEO and Chief Advancement Officer, plans
  organizational fundraising revenue goals. 
• Creates and monitors program services for long-range
  financial plans such as modeling for potential /expanded programs or other
  initiatives. Prepares financial analysis and cost-benefit analysis to
  assist program directors in long-range planning. 
• Anticipates future financial and organizational issues
  and addresses them with the CEO and Executive Management team. Ensures
  that comprehensive systems are in place for monitoring and growing the
  financial resources of the Agency.  
• Reviews and makes recommendations on proposals, RFP’s,
  and financial statements.  
• Acts as a liaison to the Board of Directors and Board
  committees including Budget and Finance, Audit, and Investment committees.
  Prepares committee agendas and provides relevant synthesized information
  in a timely manner. Fosters good relationships with Board Chair,
  Treasurer, and other Board committee members. 
• Leads annual audit preparations and manages ongoing
  relationships with auditors to ensure compliance with all regulatory and
  GAAP requirements. Oversees the preparation of the audited financial
  statements, footnotes, and information for the Form 990 preparation.
  Coordinates the selection of the external audit firm. 
• Files all reports necessary to comply with laws and
  regulations for reporting and audits of recipients of public funds. 
• Oversees the medical billing team including the
  production of revenue cycle management reporting and the integration of
  billing information from the Electronic Health Record system into the
  financial system. 
• Oversight of financial policies and procedures
  including internal controls. 
• Provide review and analysis of revenue-producing and
  vendor contracts. 
• Serves as primary signer for all accounts payable
  batches; coordinates all secondary signer coverage for accounts payable in
  coordination with the Director of Accounting and the Accounting
  Manager.  
• Other duties as assigned. 

COVID-19 considerations:  

Must be fully vaccinated for COVID-19 (proof required), subject
to legally required exemptions. 

Agency Overview: JFS is a nonprofit human services organization founded
over 150 years ago that serves anyone in need, regardless of their
circumstances or religious beliefs. With over 30 programs and services offered,
including food security, housing stability, mental health counseling, aging
care, employment support, and disability services, JFS takes a holistic
approach to assessing the various needs of individuals or families and
providing the appropriate services all within one organization. We continuously
evaluate the evolving challenges of our community and adapt or develop programs
to respond to the needs of the community. 

We are actively seeking talented and skilled individuals
regardless of creed, race, or religion. We are looking for the person with the
right qualifications regardless of background or upbringing. We are a
family-oriented organization that is committed to building a multifaceted and
diverse workforce. We embrace an organizational culture that prioritizes
well-being and highlights the unique contributions of each team member.  

Our employees enjoy competitive pay and benefits, including
medical, dental, vision, health savings accounts, flexible spending accounts,
agency paid Life and Long-Term Disability, Legal/ID Theft, supplemental
insurances, extended illness days, 401(k), 15 paid holidays, and a very
generous leave program. 

JFS is an Equal Opportunity Employer. The Agency does not
discriminate based on race, color, religion, national origin, sex (including
gender identity), political affiliation, sexual orientation, marital status,
age, disability, genetic information, membership in an employee organization,
parental status, military status, or any other status protected by law or
regulation. We intend that all qualified applicants be given equal opportunity
and that selection decisions be based on job-related factors. 

Requirements 

A. Education:   

• Bachelor’s Degree in Accounting or Finance; CPA, strongly
  preferred. 

B. Experience:  

• Requires 10+ years of senior-level management
  experience in accounting/finance preferably including strategy for a large
  non-profit or LLC.  
• Progressively responsible hands-on accounting and
  financial analysis/planning experience is required.  
• Proven success in selecting and managing outside
  vendors, leading budgeting efforts, and managing complex audits.  
• Experience in developing and implementing policies and
  procedures to ensure the proper accounting, and strategic use, of an
  organization’s funds.  
• Applied experience with accounting and financial
  management software. 

C. Other:  

• Prior experience working with a Board of Directors. 
• Knowledge of healthcare billing including Colorado
  Regional Accountability Entity (RAE), Medicare, and private insurance
  contracts, is important. 
• Experience with large federal non-profit grants and
  contracts is required.  
• Excellent written, oral presentation, and interpersonal
  skills.  
• Ability to evaluate systems for efficiency and
  implement improvements.  
• Extensive knowledge of computer applications, including
  accounting software & Microsoft Office with advanced skills in
  Excel.  
• Ability to analyze complex financial data, propose
  viable solutions, and design necessary systems in collaboration with the
  accounting team 
• Ability to explain financial terms in simple language.