The Chief Financial Officer (CFO) is responsible for the oversight of all financial and accounting functions of the organization including; accounts payable, receivables, grant administration and food procurement. The CFO will report to and work closely with the executive director. In addition, s/he will partner with senior leadership and the board of directors to develop and implement strategies across the organization. The CFO will oversee all compliance and recognition for government (federal and state) contracts and private grants. S/he must be flexible and able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing their team.
Essential Duties and Responsibilities:
Oversee cash flow planning and ensure availability of funds as needed.
Oversee cash, investment, and asset management.
Oversee financing strategies and activities, as well as banking relationships.
Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
Planning, Policy, and Investor Relations
Coordinate the development and monitoring of budgets.
Develop financial business plans and forecasts.
Participate in corporate policy development as a member of the senior management team; update and implement all necessary business policies, accounting practices, and a system of internal controls; improve the finance department’s overall policy and procedure manual.
Engage the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections.
Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.
Accounting and Administration
Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise Foodlink’s finance staff.
Ensure maintenance of appropriate internal controls and financial procedures.
Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and Foodlink’s board of directors; oversee the preparation and communication of monthly and annual financial statements.
Coordinate audits and proper filing of tax returns.
Ensure legal and regulatory compliance regarding all financial functions
Works closely with Executive Director and HR manager in providing oversight to payroll and benefit plan administration.
Oversee the organizations relationship with 3rd party IT company
Serve as the main point of contact for all IT needs organization wide
Lead equipment upgrades and software update initiatives for the organization
Responsible for developing and ensuring efficient and effective food acquisition processes and procedures
Create efficiencies in order to streamline the procurement process and reduce costs for the organization
Ensure that food procurement meets the needs of our members and is also in line with strategic goals and the mission of the organization.
Communication & Leadership
Serve as a hands-on, participative leader with expertise in the areas of nonprofit finance, business planning and budgeting
Improve communications between the Business Office and all other Foodlink departments.
Provide guidance and make actionable recommendations to management staff and partner with the senior leadership team in strategic decision making
A seasoned leader with at least 10 years of broad finance experience, including experience as a CFO or equivalent, preferably in a nonprofit organization with a budget of at least $10 million.
A minimum of a BS; a CPA and/or MBA preferred
Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.
Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
Ability to translate financial concepts to – and to effectively collaborate with -- programmatic and fundraising colleagues who do not necessarily have finance backgrounds
Excellent written and oral communication skills.
Demonstrated leadership ability, team management, and interpersonal skills.
Excellent analytical and abstract reasoning skills, plus excellent organization skills.
A multi-tasker with the ability to wear many hats in a fast-paced environment
Personal qualities of integrity, credibility, and dedication to the mission of Foodlink
All interested parties are encouraged to apply. Qualifications are negotiable given the right organizational fit.
Foodlink is a regional non-profit, food hub and the Feeding America food bank serving 10 counties in upstate New York. Our operations target the root causes of hunger. We do this by distributing food to a network of human service agencies, serving meals through our commercial kitchen, and offering more than 30 food-related programs. Last year, Foodlink distributed more than 17.4 million pounds of... food — including 4.9 million pounds of produce, offered more than 200 nutrition education courses, and created new access points for healthy foods in under served communities. Our innovative approach directly addresses health disparities related to food insecurity.
Our mission is to end hunger and to leverage the power of food to build a healthier community.
Our vision is a healthy, hunger-free community.