Chief Finance Officer

Key Responsibilities

The Chief Financial Officer’s specific areas of responsibility include, but are not limited to:

Planning and Policy

• Manage the fiscal budgeting process to prepare a budget that meets the strategic goals of CIS Central Texas
• Coordinate the development and monitoring of budgets
• Make key decisions regarding allocation, budgeting, financial management and forecasting
• Participate in organization policy development as a member of the executive management team
• Engage the Finance and Investment Audit Committee to develop short, medium, and long-term financial plans and projections

Finance, Accounting and Administration

• Manage relationships with investment advisors and audit firm
• Oversee cash flow planning, ensure availability of funds as needed, investment, asset management, strategies and activities, as well as banking relationships
• Coordinate all audit activity, including the annual financial audit and monitoring by funders, ensuring prompt completion without findings
• Ensure checks & balances, separation of duties and oversee the preparation and communication of monthly and annual financial statements
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans
• Utilize robust knowledge and expertise in Generally Accepted Accounting Principles (GAAP) and financial reporting standards to maintain accurate and transparent financial records
• Provide accurate reporting to the Board of Directors and serve as staff liaison for the quarterly meetings of the Finance and Investment Audit Committee
• Oversee the accounting department to ensure proper maintenance of all accounting systems and function
• Oversee capital campaign operations for All In For Kids, Inc. 501(C)(2) a subsidiary of CIS of Central Texas

Risk Management

• Oversee the insurance needs and business lines of insurance for both the organization and All In For Kids Inc, a 501(C)(2), analyzing requirements and engaging with brokerage experts to ensure appropriate coverage is provided
• Maintain internal control and ensure safeguards are in place for receipt of revenue, costs, and program budgets and actual expenditures
• Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations

Leadership & People Management

• Design, establish and maintain an organizational structure and staffing to accomplish the department’s goals and objectives
• Promote and maintain agency culture, standards, and systems by fostering a positive and inclusive work environment that aligns with the organization’s mission, values, and strategic priorities. This includes developing and reinforcing organizational policies, procedures, and best practices to ensure consistency, compliance, and continuous improvement across all functions
• Lead a team of four financial and accounting professionals by providing direction, guidance, and support to ensure the achievement of team goals and objectives. This involves effective communication, coaching, and mentoring to foster professional growth and development, as well as promoting collaboration, teamwork, and accountability within the team
• Perform all other duties as required by the Chief Executive Officer, demonstrating flexibility, adaptability, and a willingness to contribute to the overall success of the organization by fulfilling additional responsibilities or assignments as needed to support strategic initiatives and operational needs

Ideal Candidate

The ideal Chief Financial Offer candidate has strong business and financial acumen and has experience leading the financial and risk management departments of an education nonprofit. This leader is inspired by the mission of CIS Central Texas and is highly motivated to change children’s lives through education. They will embody CIS Central Texas’s values of cultivating effective relationships, driving student-centered impact, and being bold in race, equity, and justice. Additionally, the CFO will prioritize excellence and sustainability by thinking in structures and systems, finding efficiencies, and fostering creativity and innovation for long-term growth.

Qualifications

This leader will also bring:

• Bachelor’s degree in accounting, business, finance, or a related field (Master’s degree preferred)
• CPA licensure, preferred but not required
• Extensive experience in or advanced knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting
• Proven track record in strategic financial planning and risk management
• Excellent communication and leadership skills
• Technologically savvy with proficiency in accounting software, particularly Abila, and extensive experience collaborating with information technology staff to manage finance and accounting software applications
• Experience in partnering with executive staff, resulting in the development and implementation of proactive financial management strategies
• Ability to examine and understand strategic business needs and reengineer processes to optimize operational controls to develop financial plans to support those needs as part of the overall growth strategy
• Thorough knowledge and understanding of the Office of Management and Budget Super Circular
• Proof of producing clean audits in prior accounting positions; experience with single audits is a plus
• Team-oriented with a desire to support the organization’s strategic initiatives
• Ability to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented position