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Chief Financial Officer (CFO)
The CFO is a newly created leadership position, based in Hartford, CT, that will work closely with the Executive Director and the Human Resources Director to support the mission and goals of the membership-driven, non-profit organization.
Summary of Responsibilities:
- Serves as a key, strategic partner to provide vision, direction, and guidance for fiscal growth, health, and budget stability.
- Helps identify, recommend, and implement the best and most effective practices for all aspects of fiscal and technological programs, systems, support and interfaces for staff and members.
- Oversees the administration of pension and 401(k) plans and provides regular analysis of pension and other investments in conjunction with the work of financial advisors and consultants and reviews the performance and costs of such advisors and consultants.
- Provides regular analysis of ongoing contracts, reviews the performance of vendors and consultants, and recommends and oversees regular RFP or bidding schedules.
- Manages finance, budgeting, and fiscal responsibilities, including oversight of membership revenue.
- Provides oversight of property management including the main office in Hartford, CT and satellite offices and equipment, and liaises with any related consultants or outside managers. Makes projections and recommendations as to the best use and management of all property assets.
- Manages the Finance and Administration Department, including the mailroom, print shop operations, and provides oversight of information technology needs and resources, with assistance from other staff and consultants.
- Manages all accounting procedures for fiscal matters including accounts receivable and payable, dues receipts and payments, and month-end accounting activity.
- Handles contacts with banks and fiscal entities for account activity. Maintains relations with primary vendors, auditors, actuaries, and benefits plan administrators and providers.
- Manages and provides support for outside annual audit. Compiles information for review, retrieves records and prepares exhibits to ensure a complete and thorough process.
- Works with the Human Resources Director on items managed by the Human Resources Director with fiscal impact: employee benefit programs, payroll processing, health insurance, employee expenses, and personnel record keeping.
- Serves on the Investment Committee regarding investments as well as the defined benefits plan.
- Provides financial support as necessary for staff union bargaining.
Qualifications, Experience and Skills required:
- Master’s degree in accounting, Finance or Business is preferred. A bachelor’s degree and a minimum of 5 years’ experience, preferably in a senior financial position is required. Project management skills and experience are essential.
- Demonstrated expertise in strategic planning, financial management, information technology oversight, operations management, leadership, supervision, and budgeting.
- Possesses up-to-date knowledge of current financial, accounting, and computer and technology systems and applications.
- Excellent organizational, analytical, oral communication, and written communication skills.
- Management and supervisory experience with demonstrated ability to lead, influence and persuade others.
- Extensive knowledge and experience in accounting and financial management functions, including planning, budgeting, accounts payable, audits, IRS regulations, payroll and employee benefits (backup oversight with Human Resources), investment oversight, and timely financial reporting.
- Knowledge of sound financial property management principles, profit and loss, budgeting, reporting requirements, administration liability and risk management.
- Knowledge of information technology systems, including planning, purchasing, implementation, maintenance, program development and training.
Office Environment & Total Rewards:
- This is a full-time, office-based position with meetings in-person and online.
- The work requires some evening and weekend work with minimal travel (5%).
- Compensation is competitive with generous amounts of paid time off, 401K, pension, health insurance, dental, vision, life, and disability insurance.
- This is a unique opportunity to redesign and update the Finance and Administration department, as a change-agent working for a mission driven organization, with local impact and national alliances and partnerships.
Cathy Wynne, SPHR, SHRM-CP