Chief Financial Officer (CFO)

Overview

The Chief Financial Officer (CFO) plays a pivotal role in ensuring the financial health and sustainability of the Boys and Girls Clubs of Central Florida (BGCCF), empowering the organization to serve youth in the Central Florida community for years to come. As a key member of the executive team, the CFO provides strategic financial leadership, drives impactful initiatives, and maintains the integrity of financial operations. With over 80 years of dedicated service, BGCCF remains committed to its mission of enabling young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. The leadership and financial acumen of the CFO will be instrumental in securing the resources needed to continue this legacy and support the organization's programs and initiatives.

Responsibilities

KEY RESPONSIBILITIES:

Leadership:

• Establish and implement financial policies and procedures, ensuring compliance with GAAP.
• Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
• Collaborate with senior management and advise the CEO and Finance Committee on financial matters and strategic initiatives.

Strategic Financial Planning & Analysis:

• Develop and execute financial strategies aligned with BGCCF's mission and goals.
• Lead the annual budgeting process, including revenue forecasting and expense management.
• Analyze financial performance and present insights to the CEO and Board of Directors.
• Conduct financial modeling and scenario analysis for strategic projects and initiatives.
• Develop performance indicators and measurement systems for tracking strategic plan objectives.

Financial Operations Management:

• Oversee accounting, tax planning, treasury management, and internal controls to ensure compliance and financial stability.
• Manage cash flow, investments, and financing activities.
• Identify opportunities for improved financial operations and work with external CPA firms to prepare and review 990 schedules and annual reports of audit findings.
• Maintain good working relationships with auditors, bankers, investment counselors, attorneys, and other professional advisors.
• Oversee the operations of the accounting/finance, billing, and payroll departments.
• Prepare and submit New Market Tax Credit compliance reports and manage quarterly draws.
• Ensure timely insurance policy renewal with sufficient coverage to manage the organization's risk exposure.

Operational and Resource Management:

• Monitor monthly financial operations, prepare analyses and reports, and provide guidance to staff.
• Assist operations with finance strategies and critical measurements.
• Develop and oversee internal control systems and performance indicators.
• Manage assets and investments, including real property, equities, fixed-income securities, and other assets, ensuring strategic allocation of resources.
• Develop and maintain a system for cash management, including short and long-term projection, collection, and distribution of cash.
• Work directly with assigned committee(s) of the board (Finance, Insurance, Investment, Audit) to build volunteer relationships, develop policies, monitor their implementation, and meet the related needs of the board.

Financial and Budget Management:

• Oversee the development and management of the annual operating budget.
• Collaborate with HR to budget and administer employee benefit programs.
• Maintain records and ensure timely transaction reporting.
• Support fundraising efforts and represent BGCCF at meetings and conferences.
• Ensure compliance with accounting standards and legal requirements.
• Manage investments and oversee financial reporting to BGCA and government agencies.
• Work with the CEO and board members to recognize and develop relationships to advance BGCCF.

Regulatory Compliance & Risk Management:

• Ensure compliance with all relevant laws, regulations, and GAAP.
• Identify and mitigate financial risks through effective risk management strategies.
• Oversee annual audits and maintain financial records.

Technology and Systems:

• Implement efficient financial systems and software to streamline processes and enhance data accuracy.
• Oversee BGCCF's Director of Technology and manage the relationship with an outsourced Managed Service Provider (MSP).
• In collaboration with IT Director, set strategic vision for and lead the IT project initiatives to establish internal controls around IT infrastructure. Select and oversee training sessions to bring all staff up to date with cybersecurity attacks and preventative controls.
• Regularly assess IT equipment and system upgrades as required.
• Oversee work performed by outsourced IT consultants to ensure user tickets are addressed timely.

Qualifications

QUALIFICATION REQUIREMENTS (Knowledge, Education, Experience & Skills)

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field or a combination of education and relevant experience in a similar role. CPA certification is a plus.
• Minimum of 10 years of progressively responsible financial management experience.
• At least five years in a senior financial leadership role, preferably within a non-profit organization.
• Thorough knowledge of accounting principles, financial regulations, and compliance standards.
• Strong financial acumen and analytical skills to navigate complex financial challenges and opportunities.
• Proficiency in financial systems, ERP software, and data analytics tools.
• Intermediate to advanced proficiency in Microsoft Excel.
• Demonstrated ability to lead, direct, and coordinate operations in personnel supervision, recruitment and retention, facilities management, and budget management.
• Proven track record of strategic planning, financial leadership, and driving financial performance.
• Excellent communication skills, both verbal and written, to interact effectively with stakeholders at all levels, including Club staff, Board members, volunteers, and external agencies.
• Strong presentation and interpersonal skills to collaborate with cross-functional teams and executives.
• Strong organizational, analytical, and problem-solving skills.
• Ability to handle multiple priorities and meet tight deadlines in a dynamic business environment.
• Strategic thinking and a forward-looking approach to financial management.
• Highly motivated self-starter capable of being a strategic business partner to the CEO and other senior leaders.

KEY ROLE COMPETENCIES:

Strategic Vision:

• Drives Results: Demonstrates the ability to consistently achieve significant results and drive initiatives to successful completion.
• Strategic Mindset: Sees ahead to future possibilities and translates them into breakthrough strategies.

Financial Acumen:

• Business Insight: Applies knowledge of business and the marketplace to advance the organization's goals.
• Financial Savvy: Interprets and applies an understanding of key financial indicators to make better business decisions.

Leadership and Influence:

• Builds Effective Teams: Forms teams with appropriate and diverse mix of styles, perspectives, and experience.
• Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Instills Trust: Gains the confidence and trust of others through honesty, integrity, and authenticity.

Operational Excellence:

• Optimizes Work Processes: Knows the most effective and efficient processes to get things done, with a focus on continuous improvement.
• Ensures Accountability: Holds self and others accountable to meet commitments.

Interpersonal Effectiveness:

• Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
• Develops Talent: Develops people to meet both their career goals and the organization's goals.
• Manages Complexity: Makes sense of complex, high-quantity, and sometimes contradictory information to effectively solve problems.

Adaptability and Innovation:

• Manages Ambiguity: Operates effectively, even when things are not certain or the way forward is not clear.
• Cultivates Innovation: Creates new and better ways for the organization to be successful.

Ethical Practice:

• Instills Trust: Acts with integrity and transparency, ensuring that ethical practices are upheld in all financial and business operations.

ADDITIONAL ACCOUNTABILITIES

Supervisory Responsibilities: Supervise, hire, train, manage, and mentor staff.

Relationships

• Internal: Maintains close, daily contact with Club staff (professional and volunteer), Club members, and supervisor to receive/provide information, discuss issues, explain guidelines/ instructions; instruct; and advise/counsel.
• External:Maintains contact with members, families, alumni, community leaders, youth-serving professionals, other Clubs, media contacts, vendors, consultants, organizations, CPA firms, financial institutions and others to achieve program goals and objectives, manage costs, share information, and resolve problems.

Other

ENVIRONMENTAL AND WORKING CONDITIONS:

• The position requires working in both indoor and outdoor environments of an office or club setting, which may involve exposure to varying weather conditions.
• Ability to read and interpret documents such as safety rules, operating instructions, and policy manuals.
• Required to operate a motor vehicle.
• Work in environments frequented by children and families, requiring adherence to safety and conduct standards that ensure a child-friendly and family-oriented atmosphere.
• Must be adaptable to a dynamic work schedule, including evenings to support club activities and events.

PHYSICAL AND MENTAL REQUIREMENTS:

• Physically capable of performing programming activities and club duties on-site, including lifting up to 30 pounds, standing, sitting, or walking for extended periods, bending, and reaching.
• Operates a computer and other office productivity equipment such as a copy machine, phone, printer, and tablet frequently. Requires the ability to work on a computer for extended periods (8+ hours), including performing tasks that involve repetitive motion, visual focus, and fine motor skills
• Visual and auditory acuity to monitor the environment and ensure safety standards are maintained.
• Mental resilience and the ability to stay focused and effective in a busy, sometimes noisy environment.
• Capacity to handle multiple tasks simultaneously and prioritize effectively.
• Strong interpersonal skills to interact positively with children, family members, and other staff.
• Exposure to outdoor weather conditions (occasionally).

Pre-Employment and Ongoing Compliance Requirements:

• Candidates must successfully pass a pre-employment drug screening.
• Continued employment is contingent upon passing randomized drug screenings as part of our commitment to maintaining a safe and healthy work environment.

Disclaimer:

The information presented in this job description is intended to illustrate the general nature and level of work expected of employees in this classification. It is not a comprehensive inventory of all duties, responsibilities, qualifications, and objectives required of employees assigned to this job. Job responsibilities and requirements are subject to change based on the needs of the club and the direction of the Club Director and Chief Executive Officer.