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Chief Financial Officer

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Eva's Village

2021-12-03 07:34:18

Job location Paterson, New Jersey, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Eva's Village is a faith based non-profit social services organization that provides a recovery-oriented community of supportive services which include feeding, sheltering, addiction and mental health treatment, childcare, job training, primary medical care and permanent housing. Please visit to learn more about Eva's Village.

Eva's provides equal opportunity employment for everyone regardless of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, civil union status, veteran status, sexual orientation, genetic information, arrest record (please note this may or may not affect your hiring due to the nature of our services), or any other characteristic protected by applicable federal, state or local laws that does not significantly interfere with the performance of essential job functions. In addition, laws regarding veteran status are observed.


POSITION OVERVIEW

The CFO supervises the finance office, provides direct oversight and responsibility for key business functions, and is the chief financial spokesperson for the organization. The CFO reports directly to the Chief Executive Officer (CEO) and directly assists the management team on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. An individual with familiarity with the structure of nonprofit organizations and a genuine interest in the mission of Eva's Village is essential.


Responsibilities and Duties

  • Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
  • Train the Finance Office and other staff on financial management matters.
  • Collaborate with the Chief Executive Officer (CEO) on the strategic vision as well as assisting in the development and negotiation of contracts.
  • Participate in developing new business, specifically: assist the CEO and executive staff in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
  • Assess the benefits of all prospective contracts and advise the management team on programmatic design and implementation matters.
  • Provide the CEO and Board of Trustees with an operating budget. Work with the CEO and the management team to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate personnel, and 3) monitoring compliance.
  • Oversee the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports, reports to funding agencies, the development and monitoring of organizational and contract/grant budgets.
  • Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements, cash flow projections, headcount analysis and a position control report for use by the management team, as well as the Audit/Finance Committee and Board of Directors.
  • Oversee all payroll activity for staff and participants.
  • Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring all A-133 audit issues are resolved, and all 403(b) compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state and other required supplementary schedules and information.
  • Attend Board and Subcommittee meetings and serve as the lead staff liaison on the Audit/Finance Committee.
  • Monitor banking activities of the organization.
  • Ensure adequate cash flow to meet the organization's needs.
  • Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
  • Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
  • Effectively and clearly communicate potential risks in a timely manner.
  • Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
  • Coordinate and produce all tax documentation as required.
  • Oversee all accounting functions to include but not limited to Accounts Payable, Accounts Receivable, Fixed Assets, Treasury, etc.
  • Oversee business insurance plans and healthcare coverage analysis.

Qualifications and Skills


Knowledge of:

  • Not-for-profit accounting in accordance with U.S. Generally Accepted Accounting Principles, OMB Circulars (e.g. A-133 and A-122), applicable program regulations and compliance requirements, and appropriate Code of Federal Regulations sections.
  • Current trends and developments in federal, state and county programs.
  • Laws, regulations, and rules governing work requirements.
  • Resources of public and private social service and related agencies.
  • Organizational development, human resources, and program operations.
  • General office software, particularly the Microsoft Office Suite and Financial Edge accounting software (or other similar not-for-profit general ledger software) and use of databases.

Ability to:

  • Foster and cultivate business opportunities and partnerships.
  • Create and assess financial statements and budget documents.
  • Recognize and be responsive to the needs of all clients of the organization, including funding organizations, the Board of Directors, local community advocates, participants, and employers.
  • Supervise staff, including regular progress reviews and plans for improvement.
  • Communicate effectively in both written and verbal form.
  • Analyze and use data, risk management and forecasting methods

Education:

  • Completion of a bachelor's degree at an accredited college or university required.
  • Completion of a master's degree at an accredited college or university or equivalent work experience.
  • Certified Public Accountant (CPA) preferred.

Experience:

  • The Controller or Chief Financial Officer level, preferably in a nonprofit healthcare/mental health organization
  • Five to seven years of financial experience and management experience with the day-to-day financial operations of an organization of at least 50 staff persons.
  • Analytical skills with an excellent knowledge of data analysis, risk management and forecasting methods.

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