WTOP: 5 ways nonprofits can…
Chief Financial Officer
NCC was founded in the 1950s by a group of families who wanted services provided in a community setting for their children with intellectual and developmental disabilities. NCC, initially, started as a summer camp and then grew and expanded to include a school and residential services. Over the years, as NCC has continued to respond to the needs of families and the community, our programs have expanded to include services for the lifespan, i.e. early childhood through old age. We pride ourselves on maintaining a high-quality staff whose passion is to provide supports and services to this population. Our mission is to provide a lifetime of opportunity for people with intellectual and/or developmental disabilities.
To ensure NCC continues to provide opportunities to the people within our community, the Chief Financial Officer is responsible for the control of all internal financial systems necessary to carry out the Center’s business in compliance with governing regulations, laws, and accounting standards. Develops the financial well-being of the Center by providing financial projections and preparing growth plans. In addition, the position has management responsibility for the areas of purchasing, procurement, management information systems and licensing agreements.
The position of CFO is a critical and visible position requiring strong business (financial, operations), staff development and change management experience and the ability to establish oneself as a trusted advisor to the Chief Executive Officer (CEO) on the all matters pertaining to the financial stewardship of the organization.
The CFO will report to the CEO and will be responsible for providing strategic leadership, including developing, organizing, implementing, directing and evaluating the organization’s fiscal function. The CFO will provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, the Board of Directors and other senior executives in performing their responsibilities. It will also be the CFO’s responsibility to establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges.
The CFO will provide financial advice and counsel to the leadership of the organization and will be the primary management liaison with the fundraising and finance committees of the Board of Directors. Working closely with the CEO and board, the CFO must be strategic in uncovering business opportunities as well as assessing business risks. The CFO will be pro-active in leveraging the organization’s resources to take advantage of opportunities to grow revenue, expand programs, and reduce expenses. The CFO will develop, implement, and ensure compliance with internal financial and accounting policies and procedures. S/he will continually improve the budgeting process through education of divisional and business unit managers on financial issues related to their budgets.
The ideal candidate will possess an MBA and CPA with at least 8 years of experience in a senior management capacity and a minimum of 8-10 years of experience in strategic financial planning, profitability planning and quality management in a nonprofit organization. S/he will possess strong finance and leadership skills and will be an expert at managing organizational change. It is essential that s/he have a results-proven track record and a high level of competence and professional stature to advise the CEO and Board committees on effective financial management. The position requires someone with demonstrated ability to think strategically in seizing opportunities, accessing risks, streamlining processes and procedures, and reducing expenses. It is also essential that s/he be experienced in the modern implementation of financial systems and operations and understands the importance of finance in supporting organizational strategies and decisions.
For consideration, interested candidates should submit a cover letter and resume. Your cover letter must address your experience and qualifications being sought. Send materials to: firstname.lastname@example.org “ATTN: NCC CFO Search” in the subject line. Electronic submissions highly preferred. Interested individuals are encouraged to apply immediately. Please visit: www.nccinc.org for more information about the organization.