Collaborative for Children (CC) is a passionate nonprofit organization, currently seeking a Chief Financial Officer. This position provides strategic leadership and direction for the financial operations of the organization whose budget is in excess of $11.0 million. The Chief Financial Officer is accountable for oversight of financial and accounting functions, and the development of systems and processes needed to insure accurate and timely recording of financial activity, compliance with contract provisions, non-profit procurement rules and reporting requirements, and adherence to local, state and federal laws. This role ensures Collaborative for Children meets or exceeds the contractual financial and reporting obligations of our funders, collaborates to create and track the agency budget, and provides financial data and oversight for strategic and tactical decision making by management and the Board of Directors.
The Chief Financial Officer (CFO) is responsible for all aspects of the financial operations for the organization. The CFO is a strategic thinker with significant financial and accounting experience. The position requires a proven planner, problem solver, manager, developer, negotiator and who has demonstrated technology adeptness. As a leader, the CFO is confident and decisive, thrives in a fast-paced, complex, dynamic environment, and promotes creativity, problem solving, respect and compassion, and is sought after for his/her expertise on a variety of financial subjects. The position partners with and manages a small internal staff while maintaining strong relations with banks, insurance brokers, and key vendor relationships. The CFO is required to make tough calls and draw boundaries when necessary while ensuring full transparency over the financial performance of the company. He/she seeks guidance and support for opportunities and challenges from other executive team leaders in organizations with similar or complimentary missions. Critical to successful execution in the role is to possess a sense of humor and maturity that helps to maintain perspective and a sense of balance.
The CFO reports to the President/CEO. The CFO works collaboratively with the agency's executive leadership team to help develop and implement the organization’s vision and mission. As a senior management position, the CFO has internal contact with the entire staff as well as contact externally with funders, community stakeholders, critical vendors, and the board and community leaders. This positions works to ensure contractual obligations of funders are clearly understood, measurable and in the best interest of the organization. Of significance is the ability to evaluate and implement technology platforms or systems that allow the organization to be more efficient and timely in financial reporting to enhance strategic decision making by the leadership team.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Provide management for Collaborative for Children Financial Operations:
Works with CEO to establish finance operational strategies and processes by evaluating trends and establishing critical measures; ensures full transparency over the financial performance of the company.
Analyzes current financial position and advises President, Finance Committee and Board of Directors on financial status of agency, contract compliance and other financial matters; recommends steps that could be taken to improve and strengthen financial position.
Implements Risk Management strategies and mitigates appropriate risk for the organization.
Develops efficient plans and systems needed to effectively manage the financial operations of the organization. Implements continuous improvement process for effectiveness and efficiency of department through training, technology, process enhancement, and adoption by staff.
Implements technological efficiencies that are meaningful and useful to the CEO, managerial staff and board reporting.
Provides oversite for the day-to-day financial activities of the organization through regular interactions with the Controller and Senior Management team, including general accounting and finance, contract compliance, accounts receivable and payable, payroll, reporting and required filings.
Advise CEO on pertinent investments of revenue to strengthen financial outcomes.
Develop financial strategies by managing cash flow and forecasting cash needs.
Manages treasury functions, including banking relationships, line of credit and investments.
Oversees preparation of monthly statements that accurately represent financial conditions of the agency. Performs critical analysis as required.
Serves as liaison to Audit Committee to facilitate procurement of outside audit firm for annual audit of the organization’s finances. Manages and oversees preparation of audit schedules and coordinates with government and other entities that require additional audits.
Works closely with the Chair of the Finance Committee to develop strong committee member participation, meeting schedules and agendas to solicit volunteer engagement.
Coordinates the development and monitoring of annual budget with President/CEO and senior management staff; develops process for management review and approval of monthly financial reports compared to budget with thorough variance analysis.
Works with other CC management staff to assure integration of financial and program functions and compliance with laws, contract requirements and agency policy.
Partners with Chief Development Officer to stay abreast of fund development plans and progress toward achieving fund development goals.
Develops an environment that motivates staff and provide regular and ongoing opportunities for all staff to communicate, give feedback and develop knowledge on financial program operations and budget management.
Performs other duties as assigned by the CEO.
REQUIRED KNOWLEDGE: SKILLS, ABILITIES & OTHER CHARACTERISTICS
General accounting and financial reporting procedures in accordance with state regulations; Non-profit finance and accounting experience highly desirable
Mastery of accounting, budgeting, cost control principles, internal controls and financial reporting as required under Generally Accepted Accounting Principles (GAAP) and standards contained in Government Accounting Standards.
Experience in working with finance requirements with governmental entities and knowledge of contracting / procurements requirements strongly preferred.
General understanding of Human Resources related laws, regulations, practicing and reporting of required employee benefits, including but not limited to, health care and retirement plans, as well as payroll reporting and processing of payroll taxes.
General office software, particularly Microsoft Office Suite (Office 365) and accounting software packages (AccuFund highly desirable)
Manage and oversee all aspects of the financial / accounting management functions.
Create, analyze and report on financial statements and budgets; proficiency in clearly communicating information about finance and accounting issues to non-accountants and /or individuals with varying levels of financial expertise.
Demonstrate strong quantitative analysis capabilities with the ability to creatively solve problems in an effective and efficient manner. Strategic thinker and planner who demonstrates sound decision –making on complex financial matters.
Work well with and is responsive to the needs of internal and external customers, including the Board of Directors, funders, other provider and partner organizations.
Manage priorities effectively in a deadline intense and dynamic environment; handle multiple priorities while maintain the highest value of work product; demonstrate a strong work ethic and acute financial aptitude.
Assimilate new information and technology; champions change to leverage technology investment through utilization by staff and expanded functionality application.
Foster and cultivate business opportunities and partnerships in the community.
Supervise, coach, develop staff for optimal performance; restructure department for efficiency, competency and anticipating need for future skills in conjunction with Controller.
Demonstrate strong initiative; ability to work independently.
Build consensus and negotiate on the company’s behalf.
Bachelor’s degree in accounting or finance required from an accredited college or university; CPA or Masters in accounting/finance concentration preferred.
Minimum Skills and Experience
Five years senior management experience with a nonprofit organization with operations in excess of $5 million per year
Five years of experience in government and/or fund accounting and expensive knowledge of grant accounting requirements.
Five years of supervisory experience
Experience implementing technology systems, including accounting software to promote efficient reporting and transparency for management.
Must be highly ethical with a high level of integrity; self –motivated, reliable; detailed oriented, ability to interface with staff, other senior management and all stakeholders.
This is a full-time, exempt, salaried position
Salary is based on a pre-established range and is commensurate with experience
Regular evening and weekend work hours; flexibility with work schedule
Primarily local travel during business hours, although some regional and overnight travel may occur
Benefits are generous, including paid employee health, dental and insurance (some employee contribution required); company sponsored retirement plan with matching contribution.
Paid time-off includes flexible scheduling of discretionary and personal days plus paid holidays
Successful candidate must pass background screening for pre-employment.
A valid driver’s license and auto insurance are required.
To apply for this position please submit a cover letter and resume. For more information about Collaborative for Children and other career opportunities please go to www.collabforchildren.org.
Collaborative for children values a diverse, respectful and collaborative work environment. We establish and maintain trustful relations with all staff, contractors, funders, partners and communities we serve in. Our values of Inclusive, Transparent and Relentless provide the basis for the work we do, the people we employ, and the way we change lives.
About Collaborative for Children
Collaborative for Children is a highly sought after expert in the area of quality early childhood learning. With a focus of on providing quality curriculum, mentoring and support to organizations that provide direct child care services for impactful improvement in the outcomes for children. Parenting programs focus on the parent as “teacher” to significantly improve a child’s readiness for preschool programs, as well as providing support for teen parents through contracts with local school districts. Our proprietary “College Bound from Birth” program targets specific neighborhoods in the Houston area to create a sustainable high quality child care environment following an intensive three- year program.
All children in Greater Houston have the high-quality early learning opportunities they need to achieve their full potential.
We meaningfully improve the quality of early childhood education and care for Greater Houston’s children through those who are most influential in their lives.
Collaborative for Children (CC) is an Equal Opportunity Employer. CC is strongly committed to providing equal employment opportunity for all employees and all applicants for employment. All employment decisions at CC are made without regard to race, ethnicity, religion, color, gender, gender identity, sexual orientation, national origin, disability or military/veteran status, or any other protected class as set forth under applicable State, Local and Federal Civil Rights Laws.
About Collaborative for Children
Collaborative for Children is a nonprofit that strengthens early education throughout Greater Houston. We work with parents, educators, and local leaders to make sure our region’s children are ready to succeed in the long term.