CFO, Cincinnati-Hamilton County Community Action Agency
Location:   Cincinnati, OH
Salary:   based on experience
- Are you passionate about the financial stewardship and strategic leadership of a mission focused organization that provides a holistic approach to lift families out of poverty?
- Do you want to make a real difference for individuals and families through education, home services and employment support?
- Are you energized by working with a dedicated, empowered, and collaborative leadership team?
The Community Action Agency - Cincinnati |Hamilton County (C-HCCAA) helps improve lives from cradle to career. C-HCAA is a private, nonprofit organization that offers various services to low-income individuals and families in a holistic approach to help lift them out of poverty. The services or programs they offer include job training, housing assistance, heating assistance, entrepreneurial coaching, Head Start and Early Head Start.
The nationwide Community Action network was created with the passage of the Economic Opportunity Act of 1964 as a part of President Lyndon B. Johnson's historic "War on Poverty" initiative. The act established a federal Office of Economic Opportunity, and created organizations called Community Action Agencies that would develop strategies to solve issues of poverty with an emphasis on local input.
Cincinnati’s CAA was the second such organization in the nation when it was founded in 1964. It was established by the late Theodore Berry Sr., who would go on to become Cincinnati’s first African American mayor. In 1965, President Johnson appointed Mr. Berry to head the nationwide Office of Economic Opportunity's Community Action Programs, which at that time included Head Start, the Job Corps and Legal Services.
Due to the upcoming retirement of the incumbent CFO, C-HCCAA is looking for a Chief Financial Officer (CFO) who is a proactive, team-oriented leader who can help the organization grow and thrive. This is a hands-on leadership role that requires someone who can support high-level complex grant accounting, general accounting and finance responsibilities as well as dive into the details. Reporting to the CEO and as an integral part of the Executive Leadership Team, the CFO will manage a small team and oversee accounting, finance, budgeting, forecasting, risk management, and compliance. This role provides support for all functions across the organization and for all services and programs C-HCCAA provides including Head Start Delegate Agencies. The CFO ensures the Agency has adequate internal controls, policies, and procedures; the Agency remains fiscally healthy, and all financial activities are performed in accordance with Head Start Performance Standards, all applicable federal, state, and local laws and regulations, and CAA policies.
KEY JOB RESPONSIBILITIES:
- Provide strong leadership to the CEO and senior leadership team to ensure that financial strategies, decisions, and functions effectively facilitate achievement of the strategic plan and annual goals while maintaining the organization’s financial health.
- Establish and oversee all financial reporting activities, providing the CEO, leadership team and Board with accurate and up-to-date information on the financial activities of the organization
- Ensures that the administrative and financial requirements are met for all grants, and maintains the corporate grant files
- Maintain banking and investment manager relationships
- In conjunction with the CEO lead the forecasting and budgeting process, establishing targets, and working with program management teams to achieve objectives
- Ensure the completion of all financial audits and the fulfillment of external reporting requirements to maintain compliance.
- Support and develop a culture that values diversity and inclusion throughout the organization
- Develops fiscal policies for C-HCCAA
- Acts as the staff liaison for the Finance Committee of the Board of Trustees. Ensures accurate and timely financial reporting to the Board
- Manages and oversees the C-HCCAA yearly single audit
- Prepares and negotiates the indirect cost proposal
- Oversees the C-HCCAA year-end financial statements and yearly corporate tax returns
- Ensures that accounting pronouncements are properly implemented
- Ensures that Financial Reports are prepared accurately and on time
- Ensure that the Agency has an effective accounting system. Update the system as needed
- Serve as a backup to the Controller on the day-to-day operations of the department.
- Oversees the Budget Analyst’s preparation and monitoring grant budgets
- Provides financial information/guidance and other assistance to the President/CEO concerning major financial decisions
- Maintains and nurtures C-HCCAA relationship with its financial institution.
- Oversees C-HCCAA contract administration. Ensures that contractors are paid, addresses all legal issues, and ensure monitoring is performed as required
- Develops and ensures Agency and grant-required record retention policies
- Oversees the fiscal monitoring of the Head Start delegate agencies.
- Develops the Agency’s investment policy, while acting as a liaison between the Agency and its Corporate Broker.
- Support and assist with new and renewal grants to ensure effective process and timeliness of submissions
- Lead all discussions related to risk management, including annual renewal and assessment of the agency’s property and liability insurance
- Demonstrate proven ability to develop models and conduct analyses to identify critical trends, support strategic decision making and create forward visibility
- Manage the effective training, development, and retention of a small accounting, finance, and mortgage origination team.
IDEAL CANDIDATES’ QUALIFICATIONS AND EXPERIENCE:
- A demonstrated commitment to the mission of C-HCCAA
- Ten (10) years finance leadership experience in a non-profit environment, including financial management and purchasing responsibilities using financial management information systems. Public Accounting experience preferred.
- Bachelor’s degree in accounting, business, or other-related field required, Master’s degree and active CPA a plus
- A track record of contributing to the strategic direction and growth of an organization
- Experience supporting the financial needs of a complex organization
- A demonstrated commitment to creating a diverse and inclusive work environment
- Demonstrate knowledge of state and federal regulations
- Working knowledge of investment strategies
- Experience supporting and collaborating with a non-profit Board
- Have experience working with diverse populations, including low to moderate-income families.
- Ability to communicate to a wide range of stakeholders and to translate financial information into understandable terms
- Comfortable wearing many hats given the resource constraints of a smaller organization
EVIDENT PERSONAL ATTRIBUTES:
- Strategic, but willing to be hands-on
- Confident and decisive
- Has a heart for the mission
- Optimistic, focused on what’s possible
- Collaborative, an effective team player
- Direct and respectful communicator
- Flexible, comfortable with change
- Calm under pressure
- Creative problem solver
- See your efforts have a direct impact on individuals and families every day
- Work collaboratively with a passionate group of staff members, Board members and volunteers
- Help the organization grow and increase its impact in Cincinnati