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Chief Financial Officer         

CLASSIFICATION:  Full-Time/Exempt

LOCATION: Newark, New Jersey

WORK HOURS: 37.5 hours /week

SALARY: $140,000 – $145,000

REPORTS TO: President & CEO

JOB SUMMARY: Oversee all financial management of our nonprofit organization, including grants and fundraising. Responsible for budget concept, development, implementation and monitoring. Responsible for creating and analyzing contracts and identifying opportunities for cost reduction. Supervise accounting and grants management staff. Member of Executive Management Group.

ESSENTIAL DUTIES:

  • Orchestrate the effort to monitor the accounting function and financial reports necessary to track all revenue and expenses of the corporation.
  • Oversee the general ledger and accounting systems, in accordance with generally accepted accounting standards and practices.
  • Oversee the preparation of required schedules and completion of annual tax filings and audit of organization’s finances, in accordance with OMB Circular A-133 and State of NJ Treasury Circular 04-04 requirements.
  • Identify adjustments, conduct monthly close, monitor the development of all financial statements for all accounts and oversee bank reconciliations.
  • Oversee the preparation and filing of expenditure reports required by funding agencies and management.
  • Monitor payments from funding agencies and hospitals to ensure adequate cash flow.
  • Conduct “budget to actual” variance analyses and issue reports to Partnership supervisors and Finance committee.
  • Ensure compliance with local, state and federal financial policies, procedures, and reporting requirements.
  • Establish, maintain, and monitor banking relationships; maximize cash flow and security of assets.
  • Oversee maintenance of insurance coverage for auto, professional liability, workers compensation, directors and officers, and general/commercial liability, workers compensation, directors and officers, and general/commercial liability policies.
  • As a member of the Executive Management team, may represent the President & CEO at high-profile meetings.
  • Provide staff support to the Finance and Audit Committees of the Board; interact with Board members.
  • Handle other assignments as required.

JOB REQUIREMENTS:

  • Masters in Business Administration; CPA preferred
  • 10 years of nonprofit executive experience, including finance, accounting, budgeting contracting, automated reporting, audits and federal/state financial regulations.
  • Ability to analyze financial data and oversee the preparation of financial reports, statements, and projections.
  • Experience tracking high volume of grants that have different reporting requirements and time frames.
  • Excellent written/verbal communication and interpersonal skills.
  • Experience in supervision with the ability to motivate a team to produce quality work.
  • Creative problem-solving skills a plus.
  • Experience evaluating and negotiating contracts, managing systems and/or process changes.
  • Familiarity working on an executive management team.
  • Computer proficiency in MS Office Suite.

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Choose FilesNo Files ChosenAccepted file types: pdf. Max. file size: 50 MB