Chief Financial Officer

Savannah, GA

Title

Chief Financial Officer

Department

Administration

Reports To

President and CEO

Summary

The UWCE is synonymous with charitable service and strives to positively impact the issues people care most about in our community. All UWCE employees are critical to our work and expected to present the best image of our organization as they represent the United Way in our community. All employees are expected to accept their responsibilities, adhere to acceptable principles in matters of personal conduct and exhibit a high degree of personal integrity at all times.

The Chief Financial Officer (CFO) will play a crucial role in overseeing the organization's financial integrity, operational efficiency, and strategic direction. This position requires a seasoned leader with a proven track record of leading teams through transformation and demonstrating excellence in financial management within the nonprofit sector. The CFO will work closely with the CEO and senior leadership team to ensure that the organization's strategic objectives are met with excellence and financial sustainability. 

Position Requirements & Qualifications

Education: Bachelor's Degree in Business Administration, Accounting, Finance, or related field. Advanced degree or CPA preferred.

Experience: Minimum of 10 years of progressive leadership experience, including direct management of teams and a minimum of 3 years serving in an executive-level position. Prior experience with nonprofit organizations and familiarity with United Way operations highly preferred.

Skills: Exceptional analytical, decision-making, and problem-solving skills. Advanced proficiency in general ledger accounting software (Sage Intacct preferred), Microsoft Office Suite, and knowledge of IT/business infrastructure and HRIS systems.

Leadership: Demonstrated ability to lead organizational development and change, with a track record of building high-performing, diverse teams. Strong emotional intelligence and the ability to manage complex relationships and diverse communities.

Communication: Executive level writing and verbal communication skills, with the ability to influence and engage a wide range of stakeholders effectively.

Innovation and Creativity: Proven ability to drive innovation and creativity, maintaining knowledge of current and emerging trends affecting the nonprofit sector.

Employee Expectations & Competencies

Financial Acumen - The CFO embodies a comprehensive mastery of financial and management skills crucial for guiding the organization's financial health, encompassing adeptness in financial reporting, forecasting, and fostering a culture of fiscal responsibility. As a proficient budget manager, the CFO excels in various financial domains including revenue recognition, business planning, and cash flow analysis, ensuring effective asset management and fund availability. Their role as a financial analyst involves leveraging data and predictive models to enhance operational insights and business strategies, with a readiness to implement corrective measures when necessary. As a controller, they uphold Generally Accepted Accounting Principles and comply with Internal Revenue Code requirements, alongside proficiency in all accounting facets from cost accounting to inventory control. Their strategic communication skills are pivotal in demystifying complex financial data, aligning with diverse stakeholder needs and furthering the organization's mission. The CFO's comprehensive approach extends to asset management, emphasizing cash, investments, and property management, showcasing their versatile financial acumen and strategic leadership within the organization.

Strategic Business Partner - In collaboration with the CEO and the executive management team, the CFO plays a pivotal role in formulating and executing the organization's strategic initiatives and actions, while continuously evaluating its financial performance against both the annual budget and overarching short and long-term objectives. Their ability to influence others and foster trust, coupled with high emotional intelligence, is essential in steering organizational goals. The CFO efficiently manages processes, prioritizes critical business activities, and executes strategic visions that are aligned with the organizations budget and forecasted revenue, thereby building organizational support and implementing vital financial and operational frameworks. Their adeptness at managing conflict and fostering collaboration ensures resilience in ambiguity, optimizing learning and enhancing team outcomes for superior organizational performance.

Fiduciary Officer – The CFO is fundamentally committed to the organization's best interests, ensuring compliance with financial and tax regulations, safeguarding operations from financial and operational risks, and maintaining adherence to United Way Membership Requirements. This role involves the diligent communication and enforcement of policies and procedures, the establishment and monitoring of robust internal controls, and the execution of effective financial reporting and cash management strategies. As a master of financial reporting, the CFO guarantees the timeliness, accuracy, and clarity of all financial communications, thereby ensuring clean records that reflect decision-making processes. They champion legal and regulatory compliance in financial functions, serving as a pivotal contact for external audits and promoting adherence among the management team to financial protocols. Ethical and trustworthy, the CFO makes decisions based on thorough analysis and the wider impact on the organization, offering guidance in complex situations and addressing unethical behavior decisively. By stewarding credibility, they prove themselves to be responsible, reliable, and ethical, conveying the organization's values to staff, stakeholders, donors, and the community, always prioritizing the organization's interests.

Enterprise Risk Manager – The CFO is tasked with the strategic planning and implementation of measures to preemptively avoid or mitigate potential risks that could negatively impact the organizations finances and budget. By developing and managing systems to assess and integrate business enterprise risks, the CFO ensures the standardization of risk management processes and procedures throughout the organization. As a system manager, they develop policies that emphasize safety, legal, and regulatory compliance, applying risk control theories to devise tactics for risk prevention, reduction, and management, including emergency response and business continuity plans. An inquisitive analyzer at heart, the CFO identifies, assesses, and monitors risks, providing objective evaluations on operational effectiveness and trends in risk management. As a problem solver, they respond promptly to risks by orchestrating teams to address root causes and standardize risk management processes. They model risk management practices, adapting strategies to fit organizational needs while prioritizing safety and compliance. With insurance acumen, the CFO understands contract provisions, claims management, and the intricacies of insurance markets, demonstrating skill in negotiating and managing insurance contracts to align with the organization's risk tolerance and regulatory requirements.

Communications – The CFO is expected to articulate ideas and concepts clearly and succinctly, demonstrating persuasive capabilities to influence others effectively. This role requires active listening to genuinely understand the perspectives of others, coupled with a proactive approach in soliciting input and feedback regarding the performance and environment of individuals, teams, and departments.  The CFO fosters an atmosphere of transparency and openness by leading strategic budget and finance conversations with the leadership team on an ongoing basis, ensuring that spending and budgeting align with past trends and current projections. Exceptional writing and verbal communication skills at the executive level are essential for this position.

Innovation/Creativity – The CFO is deeply aligned with the vision of the United Way of the Coastal Empire (UWCE) and is instrumental in crafting a unified vision that connects the team, organization, and community towards shared goals. This role is responsible for strategizing and implementing plans that drive the collective success of UWCE, fostering an environment that highly values and incentivizes innovation and creative thinking. The CFO will actively recognize and support individuals who approach challenges with novel solutions. Staying abreast of the latest trends and developments relevant to United Way, they possess the acumen to distill complex information into actionable, impactful strategies, solutions, and communications.

Talent Builder – The CFO plays a pivotal role in unlocking the potential of our team members. This leader is committed to motivating and fostering the professional growth of our staff, actively encouraging them to embrace challenging tasks and growth opportunities. With a keen understanding of each direct report's career aspirations and learning goals, they serve as an effective mentor, seizing teachable moments to enhance personal and professional development. By providing the necessary guidance and tools, and then allowing space for autonomy, they ensure team members learn valuable lessons from their experiences. This role is dedicated to promoting a healthy work-life balance, recognizing and celebrating achievements, and offering platforms for employees to showcase their talents and contributions.

Emotional Intelligence – The CFO embodies a high level of self-awareness, demonstrating genuine empathy and understanding towards the concerns, motivations, and experiences of others. This leader is inherently curious and compassionate, engaging with team members in a supportive and honest manner, especially when providing feedback. With a calm demeanor under pressure and a modest approach that eschews the need for personal accolades, they prioritize authenticity and accountability. This executive is adept at resolving conflicts in a constructive way, maintaining integrity by keeping promises, and ensuring confidentiality. They champion leadership that is rooted in equality, respect, and inclusivity, fostering a workplace culture that is psychologically safe, devoid of discrimination, and supportive of every individual's right to voice their thoughts without fear of judgment or reprisal.

Essential Job Responsibilities

Strategic Leadership: Partner with the CEO and senior leadership team to develop and implement strategic plans and objectives that align with UWCE’s mission and budget.

  • Serves as an integral member of the senior leadership team in determining the focus for United Way of the Coastal Empire including strategic priorities, budget, and new business development.
  • Provides support to staff and board to design, prioritize, implement and monitor progress on strategic priorities and the UWCE’s budget and finances.

Financial Management: Oversee all aspects of financial planning, management, and reporting. Ensure the accuracy and integrity of the general ledger, financial statements, budgeting, and financial forecasting.

  • Serves as staff lead for the finance committee.
  • Prepares and updates the annual budget, short and long-term projections, calculation of cost allocations and contract budgets.
  • Presents financial reports to the board of directors.
  • Coordinates closely with and provides oversight to other senior leaders on budgets for their departments.
  • Provides coordination and oversight of annual organization audit and issuance of financial statements.
  • Conducts contract negotiations, provides oversight of contract administration and compliance.
  • Establishes and monitors fiscal controls and supervises the team to ensure adherence to the highest standards of financial policy and practices.
  • Provides data and analytics to monitor financial health and inform decision-making.
  • Responsible for handling IRS matters.

Operational Excellence: Directly oversee a team that manages operations in finance, human resources, information technology, and facilities. Identify and implement process improvements to enhance efficiency and effectiveness.

  • Oversees the Human Resources department with the aim of attracting and retaining top-quality talent by providing an industry-leading employee experience and culture of support and belonging for all staff.
  • Oversees the development and implementation of employment policies and practices, including compensation and benefits, to support above aims and with a goal of ensuring consistent experience of staff across multiple departments and teams.
  • Acts as the organization’s Ethics Officer.
  • Oversees facilities management and lease negotiations.

Risk Management and Compliance: Ensure that internal controls are in place and effectively managed. Oversee compliance with all fiscal and legal regulations.

  • Serves as the liaison to legal counsel for all of the organization’s legal issues.

Relationship Manager: Build and maintain strong relationships with key stakeholders, including staff, board members, donors, community partners, and United Way Worldwide.

Physical Demands

Much of the work in this position is completed while sitting at a desk, using a computer and phone. Requires talking, hearing, and visual acuity sufficient to perform these major functions.  Occasionally includes reaching above shoulder heights, below the waist, or lifting up to 25 pounds for office equipment, supplies, and materials.

Status

Exempt (Salaried)

Annual Rate of Pay 

$120,000 - $140,000