CFO

Description:

Reports to:

Chief Executive Officer FLSA:

fulltime salary exempt position

Summary:

The mission of SourcePoint is to help our community to set a course to live well after 55. SourcePoint is a nonprofit which serves more than 5000 people annually and has a budget of more than $15 million. Please visit www.

MySourcePoint.org to learn more. Reporting to and in close partnership with the chief executive officer (CEO), the chief financial officer (CFO) will establish SourcePoint's financial policy and direction while also being an active participant in, and driver of, the organization's overall strategy. They will lead all administration and planning of SourcePoint's financial and business operations. As a member of the executive leadership team, the CFO will work closely with motivated and engaged finance and audit committees, as well as other committees of the board of directors. The CFO must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing a combined team of 12 in the areas of finance, human resources (HR), facilities, quality/compliance and risk management, and information technology (IT).

Essential Job Functions and Expectations:

Strategy and Executive Leadership Partner with the CEO on all fiscal, operational, administrative, and strategic issues with an eye toward identifying potential problems and continuous improvement of systems, providing strategic recommendations to the CEO based on the analysis. Exercises good judgement in decision-making, effective and professional communication with both internal and external customers, including, but not limited to, elected officials, county, state, and independent auditors, county treasurer, banking officials, investment personnel, funding sources, grantees, contractors, venders, clients, and the general public; and may guide larger multidisciplinary teams outside of direct span of control. Serves as the executive team leader for administrative and financial operations management, including policy and structure development, legal engagement, regulatory compliance, and risk management. Engages executive team and other senior leadership to facilitate cross-department collaboration that ensures that all financial, IT, facilities, quality/compliance, and HR solutions positively support SourcePoint's evolving financial planning strategy, operational delivery, and data collection needs. Participate in the ongoing strategic planning process as an integral member of the executive leadership team, with an eye on budgetary planning and cost management. Attends all board meetings to serve as a resource to the CEO and periodically makes reports to the board of directors; engages the board finance committee around issues, trends, and changes in the operating model and operational delivery. Financial and Operational Management Develop, support, and manage direct staff, to include managers and administrators of finance, facilities, HR, quality/compliance and risk management, and IT. Review all formal finance

• HR• facilities• risk management• and IT-related contracts, procedures, processes, and administration, recommending improvements to the systems in place.

Financial Management:

o Develop and utilize forward-looking, predictive models and functional and activity-based financial analyses to provide insight into the organization's operations and business plans. o Oversees cashflow planning, budgeting, financial forecasting, and the implementation of budgets, monitoring progress and presenting operational metrics both internally and externally in an accurate and timely manner. o Ensure maintenance of appropriate internal controls and financial procedures are in place in accordance with Generally Accepted Accounting Principles and monitors the use of all funds. o Ensures ERP/NetSuite system stabilization, reporting accuracy, process improvement, system controls, and financial visibility across the organization. o Coordinates the audit, proper filing of tax forms, and engages and facilitates the audit committee of the board of directors to ensure timely review and approval of the final audit report.

Operations Management:

o Oversees and directs human resources for over 100 staff, including but not limited to evaluating and overseeing all benefits negotiations to allow SourcePoint employees the most competitive packages; recruitment strategies that attract the most qualified and diverse candidates to the organization; ensures all SourcePoint personnel and volunteer policies maintain compliance with Federal, State, and local laws, funding and tax

• and benefit-related filing requirements, and meet industry best practices.

o Oversee and directs SourcePoint's IT department to design an IT plan for current and future needs and implement the plan successfully (hardware and software) as the organization grows. This includes but is not limited to equipment procurement, data security/ storage & disposal management, software selection, implementation, and integration, telephone systems, and contracting for all cloud-based services. Contracts with third parties for routine IT audits and ensures best practice and industry standards are followed. o Oversees and directs quality assurance, accreditation, risk management, and compliance agency-wide, including but not limited to grant compliance, federal and state funding requirements, internal controls, accreditation, records retention, policy oversight, and agency-wide risk management. Ensures the development and implementation of agency-wide compliance and quality methods, metrics, key performance indicators, reporting tools, and standards for inspection, testing, and evaluation of programs and services. o Oversee the organization's physical infrastructure, physical building(s), and system maintenance (security, fire suppression, pool, HVAC, etc.). This includes but is not limited to repairs and maintenance of facilities, grounds, and equipment; all construction and renovations projects; and procurement of necessary equipment, supplies, and contracted services. Complies with all government regulations and industry best practices, including bid procurement and prevailing wage requirements.

Requirements:

The CFO will be an experienced and ethical leader with 5-10 years of broad finance experience, ideally beginning in audit, followed by experience gathering and evaluating financial information and making actionable recommendations to executive leadership. They will ideally have experience managing finance (accounting, budgeting, control, and reporting), HR, facilities, and IT for a medium to large nonprofit, with multiple funding sources and program areas. The CFO will have the following experience and attributes: A minimum of a bachelor's degree in finance, accounting, or business with a CPA or MBA highly preferred. A degree in public administration with 5 years' accounting experience post-graduate will be considered. Demonstrates emotional maturity, strong ethics, and a proactive approach to problems, with evidence of having worked as a true business partner to the chief executive of a non-profit entity. If coming from the for-profit world, nonprofit board experience required. Demonstrated excellence in leadership, strategic capabilities, forecasting and financial management, accounting, budgeting, control, and reporting Skill in examining, developing, reengineering, and recommending financial, HR, facilities, and technology policies and procedures Strong analytical skills and experience interpreting a strategic vision into an operational model A collaborative and flexible style, with a strong service mentality. Needs to be seen as a team player who is committed to employee development A hands-on manager with integrity and a desire to work in a dynamic, mission

• driven environment An effective communicator, with strong oral and written skills Demonstrated commitment to the social sector with a passion for the organization's mission is essential Self-motivated, reliable, detail oriented and maintains a high level of integrity.

This position would be contingent on written consent for a background check and a written consent for a credit check and both must come back satisfactory. Other It is recognized that in any organization, particularly a small organization, it is necessary to assume new responsibilities appropriate to ensure a smooth continuity of operations with the organization. Not only is the Chief Financial Officer required to wear many hats, but it is expected that this person will be familiar with the work of others to the point of being able to fill in on a temporary basis. It is also anticipated that other organizational needs will emerge which will be assigned to this position.